NORTHWESTERN COMMUNITY COLLEGE FOUNDATION AND REGIONAL ADVISORY COUNCIL INC (EIN 061044425) - 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

1985

Legal Domicile

Principal Officer

CANDY PEREZ

Phone

8603093972

Tax Period

2024-01-01 to 2024-12-31

NORTHWESTERN COMMUNITY COLLEGE FOUNDATION AND REGIONAL ADVISORY COUNCIL INC, founded in 1985, is a small nonprofit that reported $148K in total revenue in fiscal year 2024. Revenue surged 51% from the prior year, signaling strong growth momentum. The organization ran a surplus of $50K, a strong 34% operating margin.

Mission

SUPPORT & SUBSIDIZE EVENTS,ACTIVITIES & CULTURAL PROGRAMS OF CT STATE COMMUNITY COLLEGE NORTHWESTERN

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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 (2024)

Revenue Breakdown

Contributions & Grants $39,761

Program Service Revenue $4,682

Investment Income $103,352

Other Revenue $0

TOTAL REVENUE $147,795

Expense Breakdown

Grants Paid $45,246

Salaries & Benefits $0

Fundraising Expenses $5,804

Program Expenses $48,502

Other Expenses $52,264

TOTAL EXPENSES $97,510

Year-over-Year Comparison

	2024	2023	Change
Revenue	$147,795	$98,065	+0.5%
Expenses	$97,510	$93,103	+0.0%
Net Income	$50,285	$4,962	+9.1%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUISE P VAN ALSTYNE	PRESIDENT	1.00	Officer Director	$0	$0	$0
LYNN GELORMINO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DEB KANE	TREASURER	3.00	Officer Director	$0	$0	$0
CONNIE HOTCHKISS	DIRECTOR FACULTY REP	1.00	Officer Director	$0	$0	$0
ROBERTA WILLIS	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM BAXTER	DIRECTOR	0.50	Director	$0	$0	$0
TIM LEGEYT	DIRECTOR	0.50	Director	$0	$0	$0
BENJAMIN ISAACSON	SECRETARY	0.50	Officer Director	$0	$0	$0
MIKE ROOKE	EX OFFCIO	0.50	Director	$0	$0	$0
JEFF GEDDES	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL MENARD	DIRECTOR	0.50	Director	$0	$0	$0
HERBERT ISAACSON	DIRECTOR	0.50	Director	$0	$0	$0
N GARY JAMIESON	DIRECTOR	0.50	Director	$0	$0	$0
JOHN LAVIERI	DIRECTOR	0.50	Director	$0	$0	$0
LORI HYLINSKI	STUDENT REP	0.50	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	$147,795	$97,510	$3,259,648	$50,285
2023	$98,065	$93,103	$2,904,636	$4,962
2022	$114,263	$108,337	$2,639,358	$5,926
2021	$650,406	$85,068	$3,059,712	$565,338
2020	$132,291	$79,548	$2,273,904	$52,743
2019	$244,496	$100,594	$1,958,273	$143,902
2018	$87,553	$93,222	$1,473,133	$-5,669

NORTHWESTERN COMMUNITY COLLEGE FOUNDATION AND REGIONAL ADVISORY COUNCIL INC