THE CONNECTION INC (EIN 060886125) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

LISA DEMATTEIS-LEPORE

Phone

8603435500

Tax Period

2022-07-01 to 2023-06-30

THE CONNECTION INC, founded in 1972, is a mid-sized nonprofit in the Mental Health sector that reported $45.1M in total revenue in fiscal year 2022.

Mission

BUILDING SAFE, HEALTHY, CARING COMMUNITIES AND INSPIRING PEOPLE TO REACH THEIR FULL POTENTIAL AS PRODUCTIVE AND VALUED CITIZENS. FOR MORE INFORMATION ON OTHER PROGRAMS OF THE CONNECTION, INC - CALL 860-343-5500 OR VISIT THE WEBSITE AT WWW.THECONNECTIONINC.ORG

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $42,710,591

Program Service Revenue $2,350,125

Investment Income $42,490

Other Revenue $0

TOTAL REVENUE $45,103,206

Expense Breakdown

Grants Paid $8,695,410

Salaries & Benefits $21,776,140

Fundraising Expenses $0

Program Expenses $39,160,207

Other Expenses $14,700,390

TOTAL EXPENSES $45,171,940

Year-over-Year Comparison

	2022	2021	Change
Revenue	$45,103,206	$46,242,308	0.0%
Expenses	$45,171,940	$43,123,644	+0.0%
Net Income	$-68,734	$3,118,664	-1.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

505

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$661,577

Total Directors

$373,230

Key Employees

$463,929

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA DEMATTEIS-LEPORE	CEO/PRESIDENT	27.00	Officer Director	$0	$25,203	$373,230
JONN IVIMEY	TREASURER	3.00	Officer Director	$0	$0	$0
MARGARET JORDAN ADDO	VICE CHAIR	3.00	Officer Director	$0	$0	$0
KAREN BUCKLEY	CHAIR	3.00	Officer Director	$0	$0	$0
CHRISTINE A CAPPIELLO	SECRETARY	3.00	Officer Director	$0	$0	$0
RAYMOND BOVICH	CHAIR	3.00	Officer Director	$0	$0	$0
EILEEN O'NEIL	DIRECTOR	3.00	Director	$0	$0	$0
JOHN LAROSA	DIRECTOR	3.00	Director	$0	$0	$0
BILL CARBONE	DIRECTOR	3.00	Director	$0	$0	$0
BEVERLEY HENRY	DIRECTOR	3.00	Director	$0	$0	$0
STEPHEN ABSHIRE	CFO	27.00	Officer	$0	$40,249	$288,347
KATHY SAVINO	CHIEF PROGRAM OFFICER	46.00	Key Emp	$216,095	$6,483	$222,578
BETH CONNOR	CHIEF ADMINISTRATIVE OFFIC	27.00	Key Emp	$0	$31,310	$241,351
PATRICK FALLON	DIRECTOR OF COMMUNITY JUST	27.00	Highest	$137,958	$11,885	$149,843
JESSICA SMITH	DUPTY CHIEF OF CLINICAL DE	27.00	Highest	$0	$16,584	$180,161
SUSAN PHILLIPS	DIRECTOR OF QUALITY INSURA	27.00	Highest	$0	$25,401	$144,042
MICHELE KLIMCZAK	AVP OF TRAINING AND GRANT MANAGEMENT	27.00	Highest	$0	$12,235	$118,388
ALISON FRIAR	DIRECTOR OF CLINICAL DEVEL	27.00	Highest	$121,138	$2,423	$123,561
TERESA FERRARO	DIRECTOR OF CLINICAL OPERATIONS	27.00	Highest	$121,872	$29,634	$151,506
ANNE VENTIMIGLIA	PROGRAM DIRECTOR	27.00	Highest	$110,843	$15,129	$125,972

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$45,103,206	$45,171,940	$7,986,712	$-68,734
2022	$46,242,308	$43,123,644	$7,501,686	$3,118,664
2021	$41,021,166	$40,860,912	$7,357,877	$160,254
2020	$41,232,844	$41,998,466	$7,075,788	$-765,622
2019	$42,877,489	$43,726,282	$6,188,996	$-848,793

THE CONNECTION INC