CONNECTICUT GREENHOUSE GROWERS ASS… - Form 990 Financial Data

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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

Legal Domicile

Principal Officer

MICHAEL WROBEL

Phone

2032619067

Tax Period

2024-01-01 to 2024-12-31

CONNECTICUT GREENHOUSE GROWERS ASSOCIATION INC is a small nonprofit that reported $433K in total revenue in fiscal year 2024. Revenue fell 74% from the prior year — a significant decline worth monitoring.

Mission

TRAIN GROWERS IN THE LATEST SCIENCE AND TECHNIQUES

Program Service Accomplishments

Program 1

WE PROVIDE EDUCATIONAL PROGRAMS TO TRAIN AND RETRAIN OUR GROWERS IN THE LATEST SCIENCE AND TECHNIQUES.

Program 2

TO ADMINISTER SUBGRANTS TO GREENHOUSE GROWERS FOR WATER AND NUTRIENT CONSERVATION INNOVATIONS.

Program 3

IMPLEMENT A DIGITAL BRANDING AND MARKETING CAMPAIGN TO ENHANCE CONSUMER EDUCATION AND BRAND RECOGNITION OF CT GROWN GREENHOUSE SPECIALTY CROPS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $401,199

Program Service Revenue $130

Investment Income $3,383

Other Revenue $28,492

TOTAL REVENUE $433,204

Expense Breakdown

Grants Paid $256,920

Salaries & Benefits $95,598

Fundraising Expenses $0

Other Expenses $104,131

TOTAL EXPENSES $456,649

Year-over-Year Comparison

	2024	2023	Change
Revenue	$433,204	$1,655,076	-0.7%
Expenses	$456,649	$1,629,921	-0.7%
Net Income	$-23,445	$25,155	-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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN CASERTANO	BOARD MEMBER	N/A	Director	$0	$0	$0
DEBORAH DIPIERO	BOARD MEMBER	N/A	Director	$0	$0	$0
JOE GEREMIA	BOARD MEMBER	N/A	Director	$0	$0	$0
CHRIS HALLENE	BOARD MEMBER	N/A	Director	$0	$0	$0
BRUCE GRESCZYK JR	BOARD MEMBER	N/A	Director	$0	$0	$0
CHARLIE KURTZ	BOARD MEMBER	N/A	Director	$0	$0	$0
LUKE ZAPADKA	BOARD MEMBER	N/A	Director	$0	$0	$0
EARL J KURTZ III	VICE PRESIDE	N/A	Officer	$0	$0	$0
SAM SMITH	SECRETARY	N/A	Officer	$0	$0	$0
JOSEPH VAIUSO	TREASURER	N/A	Officer	$0	$0	$0
MICHAEL WROBEL	PRESIDENT	N/A	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
2024	$433,204	$456,649	$72,565	$-23,445
2023	$1,655,076	$1,629,921	$95,015	$25,155

CONNECTICUT GREENHOUSE GROWERS ASSOCIATION INC