CONNECTICUT ALLIANCE OF FOSTER AND… - 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

Formation Year

1995

Legal Domicile

Principal Officer

MARGARET DOHERTY

Phone

8602583400

Tax Period

2024-07-01 to 2025-06-30

CONNECTICUT ALLIANCE OF FOSTER AND ADOPTIVE FAMILIES INC, founded in 1995, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.8M in total revenue in fiscal year 2024.

Mission

THE ORGANIZATION IS COMMITTED TO STRENGTHENING FOSTER, ADOPTIVE, AND KINSHIP CARE FAMILIES THROUGH SUPPORT, TRAINING, ADVOCACY, RECRUITMENT AND RETENTION WITH THE AIM OF NURTURING CHILD SAFETY, WELLBEING AND STABILITY IN PARTNERSHIP WITH CHILD WELFARE PROFESSIONALS AND THE ENTIRE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $1,599,504 Revenue: $0

SUPPORT SERVICES: CONNECTICUT ALLIANCE OF FOSTER AND ADOPTIVE FAMILIES (CAFAF), INC'S REGIONAL LIAISON EMPLOYEES RESIDE IN CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES (DCF) AREA OFFICES AND...

SUPPORT SERVICES: CONNECTICUT ALLIANCE OF FOSTER AND ADOPTIVE FAMILIES (CAFAF), INC'S REGIONAL LIAISON EMPLOYEES RESIDE IN CONNECTICUT DEPARTMENT OF CHILDREN AND FAMILIES (DCF) AREA OFFICES AND PROVIDE ASSISTANCE TO EACH OF THE REGIONS IN CONNECTICUT. THESE EMPLOYEES ARE THE FIRST LINE OF SUPPORT FOR FOSTER, ADOPTIVE, AND RELATIVE PARENTS WHO CALL WITH QUESTIONS, CONCERNS, OR REQUIRE RESOLUTION OF INDIVIDUAL ISSUES. REGIONAL LIAISONS ARE ALSO AVAILABLE TO ASSIST DCF STAFF WITH FOSTER AND ADOPTIVE RECRUITMENT AND RETENTION ACTIVITIES.

Program 2

Expenses: $474,726 Revenue: $0

RECRUITMENT AND RETENTION: CAFAF ENGAGES IN RECRUITMENT EFFORTS TO DEVELOP A SKILLED, CARING AND DIVERSE POOL OF FOSTER AND ADOPTIVE FAMILIES THAT DEMONSTRATE THE ABILITY, WILLINGNESS AND COMMITMENT...

Program 3

Expenses: $368,701 Revenue: $0

TRAINING AND CONFERENCES: CAFAF OFFERS POST-LICENSING TRAINING CLASSES TO ANY INDIVIDUALS LICENSED BY DCF OR A PRIVATE AGENCY. PARTICIPANTS ARE TRAINED IN AREAS THAT WILL BEST HELP DEVELOP THEIR...

TRAINING AND CONFERENCES: CAFAF OFFERS POST-LICENSING TRAINING CLASSES TO ANY INDIVIDUALS LICENSED BY DCF OR A PRIVATE AGENCY. PARTICIPANTS ARE TRAINED IN AREAS THAT WILL BEST HELP DEVELOP THEIR COMPETENCIES AS DETERMINED DURING THE MUTUAL ASSESSMENT PROCESS WITH THEIR DCF FOSTER AND ADOPTIVE SERVICES UNIT SUPPORT WORKER. CAFAF OFFERS FOUR YEARLY CONFERENCES, RANGING FROM ONE-DAY SYMPOSIUMS TO THE TWO-DAY ANNUAL CONFERENCE. THESE EVENTS DRAW ON SKILLED, EXPERIENCED CHILD WELFARE EXPERTS AND OFFER UNIQUE OPPORTUNITIES FOR NETWORKING AND LEARNING.

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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 $2,797,538

Program Service Revenue $0

Investment Income $676

Other Revenue $687

TOTAL REVENUE $2,798,901

Expense Breakdown

Grants Paid $243,936

Salaries & Benefits $1,729,558

Fundraising Expenses $0

Program Expenses $2,575,113

Other Expenses $838,592

TOTAL EXPENSES $2,812,086

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,798,901	$2,719,943	+0.0%
Expenses	$2,812,086	$2,688,340	+0.0%
Net Income	$-13,185	$31,603	-1.4%

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

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

$126,718

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH MONTALVO	PRESIDENT	2.00	Officer Director	$0	$0	$0
CATHY GENTILE-DOYLE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LATISHA DOUGLAS	TREASURER THRU 02/03/25	2.00	Officer Director	$0	$0	$0
MIKE BURNS	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
MIRANDA DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
KALLY MOQUETE-GONZALEZ	DIRECTOR	2.00	Director	$0	$0	$0
PRESTON OLIVER	DIRECTOR	2.00	Director	$0	$0	$0
MARGARET DOHERTY	EXECUTIVE DIRECTOR	40.00	Officer	$110,433	$16,285	$126,718

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	$2,798,901	$2,812,086	$441,160	$-13,185
2024	$2,719,943	$2,688,340	$519,667	$31,603
2023	$2,427,607	$2,423,034	$149,824	$4,573
2022	$2,448,191	$2,508,294	$134,594	$-60,103
2021	$2,267,622	$2,228,856	$212,072	$38,766
2020	$2,094,741	$2,079,484	$204,556	$15,257
2019	$2,086,413	$2,101,692	$88,121	$-15,279

CONNECTICUT ALLIANCE OF FOSTER AND ADOPTIVE FAMILIES INC