CONNECTICUT ASSOCIATION FOR COMMUNITY ACTION INC (EIN 060924931) - 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

1974

Legal Domicile

Principal Officer

RHONDA EVANS

Phone

8608329438

Tax Period

2023-10-01 to 2024-09-30

CONNECTICUT ASSOCIATION FOR COMMUNITY ACTION INC, founded in 1974, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2023. Revenue decreased 14% compared to the prior year.

Mission

THE CONNECTICUT ASSOCIATION FOR COMMUNITY ACTION AND ITS MEMBER AGENCIES ARE A STATEWIDE NETWORK THAT STRENGTHENS COMMUNITIES, EMPOWERS FAMILIES, PROMOTES PUBLIC POLICY, DEVELOPS LEADERS AND IMPLEMENTS STRATEGIES THAT ADDRESS THE CAUSES AND CONDITIONS OF POVERTY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,205,501

Program Service Revenue $19,148

Investment Income $4,774

Other Revenue $0

TOTAL REVENUE $3,229,423

Expense Breakdown

Grants Paid $2,534,987

Salaries & Benefits $377,625

Fundraising Expenses $0

Program Expenses $3,170,178

Other Expenses $348,030

TOTAL EXPENSES $3,260,642

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,229,423	$3,747,737	-0.1%
Expenses	$3,260,642	$3,763,421	-0.1%
Net Income	$-31,219	$-15,684	+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

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

$106,747

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RHONDA EVANS	EXECUTIVE DI	35.00	Officer	$106,747	$0	$106,747
LENA RODRIGUEZ	DIRECTOR	1.00	Director	$0	$0	$0
DAVID MORGAN	DIRECTOR	1.00	Director	$0	$0	$0
DR MONETTE FERGUSON	DIRECTOR	1.00	Director	$0	$0	$0
DR MARLO GREPONNE	DIRECTOR	1.00	Director	$0	$0	$0
JOSHUA KELLY	DIRECTOR	1.00	Director	$0	$0	$0
PETER DEBIASI	SECRETARY	2.00	Officer Director	$0	$0	$0
WILLIAM RYBCZYK	TREASURER	2.00	Officer Director	$0	$0	$0
MICHELLE JAMES	VICE CHAIR	2.00	Officer Director	$0	$0	$0
AMOS SMITH	CHAIR	2.00	Officer Director	$0	$0	$0

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
2024	$3,229,423	$3,260,642	$1,053,584	$-31,219
2023	$3,747,737	$3,763,421	$1,140,261	$-15,684
2022	$4,383,175	$4,135,406	$1,136,003	$247,769
2020	$2,777,196	$2,774,564	$1,162,027	$2,632
2019	$3,683,688	$3,676,565	$1,004,341	$7,123
2018	$3,822,263	$3,857,005	$1,293,051	$-34,742

CONNECTICUT ASSOCIATION FOR COMMUNITY ACTION INC