CT COUNCIL OF SMALL TOWNS

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1982

Legal Domicile

Principal Officer

ELIZABETH GARA

Phone

8606760770

Tax Period

2024-07-01 to 2025-06-30

CT COUNCIL OF SMALL TOWNS, founded in 1982, is a small nonprofit that reported $260K in total revenue in fiscal year 2024. Expenses of $248K left a modest 5% surplus.

Mission

THE COUNCIL IS A CLEARING HOUSE FOR INFORMATION DATA UTILIZED BY TOWN AND MUNICIPALITY GOVERNMENTS.

Program Service Accomplishments

Program 1

Expenses: $25,136 Revenue: $72,900

ANNUAL MEETING OF ALL MEMBERS OF LOCAL GOVERNMENTS TO PRESENT AND DISCUSS TOWN ISSUES, POLICIES AND LEGISLATIVE ACTIONS TO ULTIMATELY PROVIDE STATE SUPPORT TO SMALL TOWNS.

Program 2

Expenses: $132,974

PORTION OF SERVICES PAID TO NON-MEMBER EXECUTIVE DIRECTOR TO ACCUMULATE DATA, MEET WITH MEMBERS AND LEGISLATIVE OFFICALS, CONDUCT ANNUAL MEETINGS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $164,954

Program Service Revenue $92,538

Investment Income $2,521

Other Revenue $0

TOTAL REVENUE $260,013

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,575

Fundraising Expenses $0

Program Expenses $168,477

Other Expenses $43,490

TOTAL EXPENSES $248,065

Year-over-Year Comparison

	2024	2023	Change
Revenue	$260,013	$256,567	+0.0%
Expenses	$248,065	$239,382	+0.0%
Net Income	$11,948	$17,185	-0.3%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

113

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN CURLEY	DIRECTOR	0.50	Director	$0	$0	$0
ELAINE SISTARE	DIRECTOR	0.50	Director	$0	$0	$0
DANIELLE CHESEBROUGH	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS WEIK	DIRECTOR	0.50	Director	$0	$0	$0
CARL P FORTUNA JR	DIRECTOR	0.50	Director	$0	$0	$0
RUDOLPH P MARCONI	DIRECTOR	0.50	Director	$0	$0	$0
MATTHEW KNICKERBOCKER	DIRECTOR	0.50	Director	$0	$0	$0
TRACEY HANSON	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL PAULHUS	DIRECTOR	0.50	Director	$0	$0	$0
FREDERICK PRESLEY	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS G DUNN	DIRECTOR	0.50	Director	$0	$0	$0
MICHAEL J FREDA	PRESIDENT	0.50	Officer	$0	$0	$0
ANTHONY J SALVATORE	MEMBER-AT-LARGE	0.50	Officer	$0	$0	$0
PAULA COFRANCESCO	PAST PRESIDENT	0.50	Officer	$0	$0	$0
MARY CALORIO	VICE PRESIDENT	0.50	Officer	$0	$0	$0
MICHAEL R CRISS	SECRETARY	0.50	Officer	$0	$0	$0
ELIZABETH GARA CONN LOBBYING GRP LL	EXECUTIVE DIRECTOR	40.00	Highest	$204,575	$0	$204,575

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	$260,013	$248,065	$111,074	$11,948
2024	$256,567	$239,382	$99,126	$17,185
2023	$244,169	$227,048	$81,941	$17,121
2022	$234,871	$214,597	$64,820	$20,274
2021	$177,937	$191,156	$44,680	$-13,219
2020	$204,224	$237,762	$57,765	$-33,538