CONNECTICUT READY MIXED CONCRETE ASSOCIATIONINC (EIN 061019710) - 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

1958

Legal Domicile

Principal Officer

DONALD J SHUBERT

Phone

8605296855

Tax Period

2025-01-01 to 2025-12-31

CONNECTICUT READY MIXED CONCRETE ASSOCIATIONINC, founded in 1958, is a small nonprofit that reported $196K in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $112K, a strong 57% operating margin.

Mission

PROMOTION OF READY MIXED CONCRETE 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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $182,703

Investment Income $1,753

Other Revenue $11,206

TOTAL REVENUE $195,662

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $82,616

TOTAL EXPENSES $83,616

Year-over-Year Comparison

	2025	2024	Change
Revenue	$195,662	$218,167	-0.1%
Expenses	$83,616	$170,816	-0.5%
Net Income	$112,046	$47,351	+1.4%

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

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
TJONEGLIA	PRESIDENT	Officer Director	$0	$0	$0
LAUREN FORGIONE	VICE-PRESIDENT	Officer Director	$0	$0	$0
MARK GIANCOLA	SECRETARY	Officer Director	$0	$0	$0
DONALD PENEPENT	TREASURER	Officer Director	$0	$0	$0
JESSIE JEZEK	DIRECTOR	Director	$0	$0	$0
SUE DUFFY	DIRECTOR	Director	$0	$0	$0
JOHN ELLIS	DIRECTOR	Director	$0	$0	$0
SCOTT DICINE	DIRECTOR	Director	$0	$0	$0
JEFF CARROLL	DIRECTOR	Director	$0	$0	$0
RIC SUZIO	DIRECTOR	Director	$0	$0	$0
ART NETTLE	DIRECTOR	Director	$0	$0	$0
KEN KIRKPATRICK	DIRECTOR	Director	$0	$0	$0
BRIAN BARRY	DIRECTOR	Director	$0	$0	$0
DONALD J SHUBERT	EXECUTIVE DIRECTOR	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
2025	$195,662	$83,616	$512,249	$112,046
2024	$218,167	$170,816	$399,871	$47,351

CONNECTICUT READY MIXED CONCRETE ASSOCIATIONINC