Connecticut Sports Management Group Inc

EIN: 061240550 501(c)(3) Recreation & Sports

Middletown, CT

Total Revenue
$571,342
Total Expenses
$589,985
Total Assets
$280,703
Net Assets
$147,787
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CT
Principal Officer
Richard Plasky
Phone
8607887041
Tax Period
2023-01-01 to 2023-12-31

Connecticut Sports Management Group Inc, founded in 1987, is a small nonprofit in the Recreation & Sports sector that reported $571K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

To promote and reinforce the Olympic spirit on competition that values sportsmanship, effort, and achievement and to motivate personal development in physical fitness and health through attainable goals.

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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 (2023)

Revenue Breakdown

Contributions & Grants $192,824
Program Service Revenue $340,461
Investment Income $802
Other Revenue $37,255
TOTAL REVENUE $571,342

Expense Breakdown

Grants Paid $0
Salaries & Benefits $233,913
Fundraising Expenses $0
Program Expenses $543,176
Other Expenses $356,072
TOTAL EXPENSES $589,985

Year-over-Year Comparison

2023 2022 Change
Revenue $571,342 $646,879 -0.1%
Expenses $589,985 $649,508 -0.1%
Net Income $-18,643 $-2,629 +6.1%
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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Governance

Voting Members
27
Independent Members
26
Employees
10
Volunteers
300

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
5
$80,707
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Plasky Executive Director 40.00
Officer
$80,707 $0 $80,707
Jay F Malcynsky President 2.00
Officer Director
$0 $0 $0
Mark Lauretti Immediate Past President 2.00
Director
$0 $0 $0
Stephen Cassano Vice President 2.00
Officer Director
$0 $0 $0
Dominic Perno Jr Secretary 2.00
Officer Director
$0 $0 $0
Brian Cuddeback Treasurer 2.00
Officer Director
$0 $0 $0
Arthur Baker Board Member At Large 2.00
Director
$0 $0 $0
Don Drust Board Member At Large 2.00
Director
$0 $0 $0
Steven Hunt Board Member At Large 2.00
Director
$0 $0 $0
Tyler Polk Board Member At Large 2.00
Director
$0 $0 $0
Scott Smith Board Member At Large 2.00
Director
$0 $0 $0
Jeremy Soboleski Board Member At Large 2.00
Director
$0 $0 $0
Dan Wilson Board Member At Large 2.00
Director
$0 $0 $0
William Anastasiades Board Member 2.00
Director
$0 $0 $0
TJ Anderson Board Member 2.00
Director
$0 $0 $0
Frederick Beckham Board Member 2.00
Director
$0 $0 $0
Curt Clemens Jr Board Member 2.00
Director
$0 $0 $0
Gary Collins Board Member 2.00
Director
$0 $0 $0
Roger Coutu Board Member 2.00
Director
$0 $0 $0
John Dickson Board Member 2.00
Director
$0 $0 $0
Brendan J Kennedy Board Member 2.00
Director
$0 $0 $0
Justin Labickas Board Member 2.00
Director
$0 $0 $0
Lionel Lessard Jr Board Member 2.00
Director
$0 $0 $0
Michael Mccarthy Board Member 2.00
Director
$0 $0 $0
Robert Murdock Board Member 2.00
Director
$0 $0 $0
Kevin Regan Board Member 2.00
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 No data No data No data No data
2023 $571,342 $589,985 $280,703 $-18,643
2022 $646,879 $649,508 $291,453 $-2,629
2021 $757,611 $655,102 $277,268 $102,509
2020 $320,202 $335,863 $266,353 $-15,661
2019 $748,053 $693,183 $166,014 $54,870
2018 $723,665 $692,499 $103,436 $31,166
2018 $723,665 $692,499 $103,436 $31,166
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