CONNECTICUT HURRICANES DRUM & BUGLE CORPS INC

EIN: 061273256 501(c)(3) Arts, Culture & Humanities

SEYMOUR, CT

Total Revenue
$223,202
Total Expenses
$246,157
Total Assets
$94,074
Net Assets
$-9,404
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
CT
Principal Officer
JOHN L ASHELFORD III
Phone
2039969183
Tax Period
2023-01-01 to 2023-12-31

CONNECTICUT HURRICANES DRUM & BUGLE CORPS INC, founded in 1955, is a small nonprofit in the Arts, Culture & Humanities sector that reported $223K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $246K exceeded revenue, resulting in a 10% operating deficit.

Mission

THE PURPOSE OF THE CONNECTICUT HURRICANES DRUM & BUGLE CORPS, INC. IS TO OPERATE AND MAINTAIN A COMPETITIVE DRUM & BUGLE CORPS, TO EDUCATE ITS MEMBERS IN MUSIC, MARCHING AND THE VISUAL ARTS, AS WELL AS TO PROVIDE NON-PROFIT SERVICES AND FUNCTIONS TO THE PUBLIC BETTERMENT.

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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 $134,434
Program Service Revenue $38,100
Investment Income $0
Other Revenue $50,668
TOTAL REVENUE $223,202

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $243,325
Other Expenses $246,157
TOTAL EXPENSES $246,157

Year-over-Year Comparison

2023 2022 Change
Revenue $223,202 $193,773 +0.2%
Expenses $246,157 $221,910 +0.1%
Net Income $-22,955 $-28,137 -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

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Governance

Voting Members
14
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
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN L ASHELFORD III CHAIRMAN & BUSINESS MANAGER 12.00
Officer Director
$0 $0 $0
BERNARD F MALESKY VICE CHAIRMAN 8.00
Officer Director
$0 $0 $0
ALYSSA LEE TREASURER 12.00
Officer Director
$0 $0 $0
VINCENT CATAUDELLA BOARD MEMBER 2.00
Director
$0 $0 $0
JASON CHIN BOARD MEMBER 2.00
Director
$0 $0 $0
JOSEPH GAUDETTE BOARD MEMBER 2.00
Director
$0 $0 $0
GEORGE MALONEY BOARD MEMBER 2.00
Director
$0 $0 $0
PAUL MAYER BOARD MEMBER 2.00
Director
$0 $0 $0
PETER PROPFE BOARD MEMBER 2.00
Director
$0 $0 $0
DANIEL STAFFIERI BOARD MEMBER 2.00
Director
$0 $0 $0
KENNETH A VOTRE BOARD MEMBER 2.00
Director
$0 $0 $0
SARAH SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
JESSICA LYONS BOARD MEMBER 2.00
Director
$0 $0 $0
DIANE STROMAN 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 $223,202 $246,157 $94,074 $-22,955
2022 $193,773 $221,910 $94,555 $-28,137
2021 $116,053 $105,960 $109,445 $10,093
2020 $60,484 $53,044 $106,271 $7,440
2019 $166,667 $165,130 $114,361 $1,537
2018 $174,747 $109,058 $69,270 $65,689
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