TORRINGTON CHILD CARE CENTER INC (EIN 061090038) - 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

1983

Legal Domicile

Principal Officer

MARY CECCHINATO

Tax Period

2023-10-01 to 2024-09-30

TORRINGTON CHILD CARE CENTER INC, founded in 1983, is a small nonprofit that reported $783K in total revenue in fiscal year 2023.

Mission

THE TORRINGTON CHILD CARE CENTER INC IS A NON PROFIT ORGANIZATION WHOSE PRIMARY PURPOSE IS TO PROVIDE A COMPREHENSIVE DAYCARE, PRESCHOOL AND SCHOOL READINESS PROGRAM

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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 $512,065

Program Service Revenue $271,174

Investment Income $10

Other Revenue $0

TOTAL REVENUE $783,249

Expense Breakdown

Grants Paid $0

Salaries & Benefits $622,292

Fundraising Expenses $1,959

Program Expenses $661,022

Other Expenses $178,233

TOTAL EXPENSES $800,525

Year-over-Year Comparison

	2023	2022	Change
Revenue	$783,249	$823,164	0.0%
Expenses	$800,525	$804,880	0.0%
Net Income	$-17,276	$18,284	-1.9%

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

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

$135,313

Total Directors

$135,313

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY CECCHINATO	EXECUTIVE DIRECTOR	40.00	Officer Director Highest	$135,313	$0	$135,313
NICOLE DOWNS	MEMBER	1.00	Director	$0	$0	$0
PHYLLIS LOVETT	MEMBER	1.00	Director	$0	$0	$0
DAVID GABELMANN	MEMBER	1.00	Director	$0	$0	$0
TONI STERLING	VICE PRESIDENT	1.00	Director	$0	$0	$0
CHERYL KLOCZKO	MEMBER	1.00	Director	$0	$0	$0
JEANNE FUSCO	MEMBER	1.00	Director	$0	$0	$0
ANN GIORDANO	MEMBER	1.00	Director	$0	$0	$0
JULIE RUOT	MEMBER	1.00	Director	$0	$0	$0
LISA VANCE	PRESIDENT	5.00	Officer Director	$0	$0	$0
KEVIN KNOX	TREASURER	2.00	Officer Director	$0	$0	$0
DIANE FOX	SECRETARY	1.00	Officer 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	$783,249	$800,525	$381,194	$-17,276
2023	$823,164	$804,880	$397,993	$18,284
2022	$654,803	$771,749	$369,727	$-116,946
2021	$811,188	$695,843	$498,117	$115,345
2020	$620,129	$607,647	$368,261	$12,482
2019	$665,649	$682,177	$354,424	$-16,528
2018	$696,698	$693,415	$374,559	$3,283

TORRINGTON CHILD CARE CENTER INC