CONNECTICUT STORM BASKETBALL CLUB INC

EIN: 061441040 501(c)(3) Recreation & Sports

COLCHESTER, CT

Total Revenue
$126,706
Total Expenses
$134,020
Total Assets
$21,687
Net Assets
$21,687
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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
1996
Legal Domicile
CT
Principal Officer
JENNIFER LABRIE
Phone
8604608368
Tax Period
2024-01-01 to 2024-12-31

CONNECTICUT STORM BASKETBALL CLUB INC, founded in 1996, is a small nonprofit in the Recreation & Sports sector that reported $127K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year.

Mission

THE CONNECTICUT STORM BASKETBALL CLUB IS A NON-PROFIT PARENT OPERATED ORGANIZATION PROVIDING QUALITY BASKETBALL PROGRAMS WITH A FOCUS ON SKILL DEVELOPMENT AND ENRICHMENT FOR FEMALE ATHLETES OF ALL SKILL LEVELS AND ECONOMIC STATUS.

Program Service Accomplishments

Program 1
Expenses: $134,020 Revenue: $109,625

THE CONNECTICUT STORM BASKETBALL CLUB IS A NON-PROFIT PARENT OPERATED ORGANIZATION PROVIDING QUALITY BASKETBALL PROGRAMS WITH A FOCUS ON SKILL DEVELOPMENT AND ENRICHMENT FOR FEMALE ATHLETES OF ALL...

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THE CONNECTICUT STORM BASKETBALL CLUB IS A NON-PROFIT PARENT OPERATED ORGANIZATION PROVIDING QUALITY BASKETBALL PROGRAMS WITH A FOCUS ON SKILL DEVELOPMENT AND ENRICHMENT FOR FEMALE ATHLETES OF ALL SKILL LEVELS AND ECONOMIC STATUS.

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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 $0
Program Service Revenue $109,625
Investment Income $0
Other Revenue $17,081
TOTAL REVENUE $126,706

Expense Breakdown

Grants Paid $0
Salaries & Benefits $21,200
Fundraising Expenses $0
Program Expenses $134,020
Other Expenses $112,820
TOTAL EXPENSES $134,020

Year-over-Year Comparison

2024 2023 Change
Revenue $126,706 $155,745 -0.2%
Expenses $134,020 $159,749 -0.2%
Net Income $-7,314 $-4,004 +0.8%
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
3
Independent Members
3
Employees
N/A
Volunteers
25

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
$21,200
Total Directors
3
$21,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER LABRIE PRESIDENT & 10.00
Officer Director
$12,867 $0 $12,867
DALE ROBERTSON VP & TREASUR 15.00
Officer Director
$8,333 $0 $8,333
ERIN MANCUSO SECRETARY N/A
Officer 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 No data No data No data No data
2024 $126,706 $134,020 $21,687 $-7,314
2023 $155,745 $159,749 $29,001 $-4,004
2022 $154,868 $144,164 $33,005 $10,704
2021 $117,828 $119,526 $24,464 $-1,698
2020 $81,131 $71,670 $26,162 $9,461
2019 $119,428 $121,742 $16,701 $-2,314
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