TOWING & RECOVERY PROFESSIONALS OF CT INC

EIN: 061075577

UNIONVILLE, CT

Total Revenue
$96,449
Total Expenses
$80,644
Total Assets
$84,564
Net Assets
$79,044
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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
1980
Legal Domicile
CT
Phone
8608170371
Tax Period
2024-10-01 to 2025-09-30

TOWING & RECOVERY PROFESSIONALS OF CT INC, founded in 1980, is a micro nonprofit that reported $96K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $16K, a strong 16% operating margin.

Mission

TRAINING AND EDUCATION

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $36,400
Program Service Revenue $60,049
Investment Income $0
Other Revenue $0
TOTAL REVENUE $96,449

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $80,644
Other Expenses $80,644
TOTAL EXPENSES $80,644

Year-over-Year Comparison

2024 2023 Change
Revenue $96,449 $79,861 +0.2%
Expenses $80,644 $70,896 +0.1%
Net Income $15,805 $8,965 +0.8%
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

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Governance

Voting Members
86
Independent Members
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY VIBERT PRESIDENT 8.00
Officer
$0 $0 $0
NICHOLAS CLARK VICE PRESIDENT 4.00
Officer
$0 $0 $0
EILEEN COLONESE SECRETARY 2.00
Officer
$0 $0 $0
FULVIO TAMBURO TREASURER 1.00
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 $96,449 $80,644 $84,564 $15,805
2024 $79,861 $70,896 $68,759 $8,965
2023 $85,457 $72,823 $55,074 $12,634
2022 $61,244 $63,991 $47,103 $-2,747
2021 $63,394 $43,602 $49,850 $19,792
2020 $86,118 $57,354 $30,058 $28,764
2019 $97,757 $101,980 $10,212 $-4,223
2018 $94,026 $109,674 $22,870 $-15,648
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