FRENCH BUSINESSMENS ASSOCIATION INC

EIN: 061381887 501(c)(3)

BRISTOL, CT

Total Revenue
$80,769
Total Expenses
$79,026
Total Assets
$494,501
Net Assets
$494,501
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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
1973
Legal Domicile
CT
Principal Officer
NORMAND MORNEAULT
Phone
8605851067
Tax Period
2025-01-01 to 2025-12-31

FRENCH BUSINESSMENS ASSOCIATION INC, founded in 1973, is a micro nonprofit that reported $81K in total revenue in fiscal year 2025. Revenue fell 45% from the prior year — a significant decline worth monitoring. Net assets of $495K represent 73 months of operating reserves.

Mission

PROVIDE SCHOLARSHIPS TO DESERVING FRENCH DESCENT STUDENTS

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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 (2025)

Revenue Breakdown

Contributions & Grants $80,769
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $80,769

Expense Breakdown

Grants Paid $16,000
Salaries & Benefits $0
Fundraising Expenses $52,397
Program Expenses $16,000
Other Expenses $10,629
TOTAL EXPENSES $79,026

Year-over-Year Comparison

2025 2024 Change
Revenue $80,769 $146,365 -0.4%
Expenses $79,026 $66,246 +0.2%
Net Income $1,743 $80,119 -1.0%
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
22
Independent Members
22
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NORMAND MORNEAULT TREASURER 7.00
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
2025 $80,769 $79,026 $494,501 $1,743
2024 $146,365 $66,246 $428,605 $80,119
2023 $68,308 $65,208 $323,741 $3,100
2022 $68,651 $58,821 $288,423 $9,830
2021 $77,037 $59,150 $294,944 $17,887
2020 $12,771 $15,833 $263,374 $-3,062
2019 $63,496 $53,941 $261,829 $9,555
2018 $76,070 $61,823 $233,503 $14,247
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