MASON CONTRACTORS ASSOCIATION OF CONNECTICUT INC (EIN 060940503) - 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

1984

Legal Domicile

Principal Officer

MICHAEL THOMPSON

Phone

8608195343

Tax Period

2023-01-01 to 2023-12-31

MASON CONTRACTORS ASSOCIATION OF CONNECTICUT INC, founded in 1984, is a small nonprofit that reported $170K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $37K, a strong 21% operating margin.

Mission

TO PROMOTE AND IMPROVE THE MASON INDUSTRY

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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 $0

Program Service Revenue $145,110

Investment Income $25,135

Other Revenue $0

TOTAL REVENUE $170,245

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $133,718

TOTAL EXPENSES $133,718

Year-over-Year Comparison

	2023	2022	Change
Revenue	$170,245	$124,378	+0.4%
Expenses	$133,718	$119,980	+0.1%
Net Income	$36,527	$4,398	+7.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ANTHONY CAPASSO	DIRECTOR	Director	$0	$0	$0
VINCENZO CAPASSO	DIRECTOR	Director	$0	$0	$0
LEO COLGAN	ASSOCIATE DIRECTOR	Director	$0	$0	$0
MICHAEL GILIBERTO	DIRECTOR	Director	$0	$0	$0
MICHAEL THOMPSON	EXECUTIVE DIRECTOR	Director	$0	$0	$0
SCOTT ARONOWITZ	PRESIDENT	Officer	$0	$0	$0
JOHN CIVITILLO	SECRETARY/TREASURER	Officer	$0	$0	$0
CARMEN D'AGOSTINO	VICE PRESIDENT	Officer	$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	No data	No data	No data	No data
2023	$170,245	$133,718	$255,128	$36,527
2022	$124,378	$119,980	$218,601	$4,398
2021	$121,804	$119,200	$240,533	$2,604
2020	$111,642	$88,410	$234,253	$23,232
2019	$124,896	$112,557	$209,441	$12,339
2018	$72,050	$85,989	$180,858	$-13,939

MASON CONTRACTORS ASSOCIATION OF CONNECTICUT INC