INDEPENDENCE NORTHWEST INC

EIN: 061246618 501(c)(3)

NAUGATUCK, CT

Total Revenue
$1,508,559
Total Expenses
$1,298,415
Total Assets
$1,111,832
Net Assets
$773,140
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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
1988
Legal Domicile
CT
Principal Officer
EILEEN HEALY
Phone
2037293299
Tax Period
2024-10-01 to 2025-09-30

INDEPENDENCE NORTHWEST INC, founded in 1988, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 14% surplus.

Mission

To empower people with disabilities to be their own advocates through peer counseling, independent living skills, individual systems advocacy, nursing facility, youth transition and information referral.

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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 $1,506,468
Program Service Revenue $2,091
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,508,559

Expense Breakdown

Grants Paid $0
Salaries & Benefits $803,121
Fundraising Expenses $3,635
Program Expenses $1,215,848
Other Expenses $495,294
TOTAL EXPENSES $1,298,415

Year-over-Year Comparison

2024 2023 Change
Revenue $1,508,559 $1,489,386 +0.0%
Expenses $1,298,415 $1,312,538 0.0%
Net Income $210,144 $176,848 +0.2%
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
7
Independent Members
7
Employees
16
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
5
$103,000
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEALY EILEEN EXECUTIVE DIRECTOR 040.00
Officer
$103,000 $0 $103,000
ALIX JOSIANE TREASURER 002.00
Officer Director
$0 $0 $0
ARIZA JULIAN DIRECTOR 002.00
Director
$0 $0 $0
BROWN WHITNEY SECRETARY 002.00
Officer Director
$0 $0 $0
FORD TOM VICE PRESIDENT 002.00
Officer Director
$0 $0 $0
HANNIS STEPHEN DIRECTOR 002.00
Director
$0 $0 $0
MAYO MAUREEN PRESIDENT 002.00
Officer Director
$0 $0 $0
MORAN RAY DIRECTOR 002.00
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
2025 $1,508,559 $1,298,415 $1,111,832 $210,144
2024 $1,489,386 $1,312,538 $924,052 $176,848
2023 $1,344,836 $1,300,652 $535,931 $44,184
2022 $1,240,641 $1,198,825 $489,040 $41,816
2021 $1,248,199 $1,243,880 $420,849 $4,319
2020 $1,291,994 $1,219,044 $386,232 $72,950
2019 $1,063,892 $1,111,735 $278,532 $-47,843
2018 $1,054,985 $1,052,693 $332,871 $2,292
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