CAROLINE HOUSE INC

EIN: 061455101 501(c)(3)

BRIDGEPORT, CT

Total Revenue
$567,451
Total Expenses
$555,410
Total Assets
$669,897
Net Assets
$657,941
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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
HELEN RAMOS PAIZ
Phone
2033340640
Tax Period
2023-07-01 to 2024-06-30

CAROLINE HOUSE INC, founded in 1996, is a small nonprofit that reported $567K in total revenue in fiscal year 2023.

Mission

CAROLINE HOUSE, INC. IS A NON-PROFIT ORGANIZATION LOCATED IN BRIDGEPORT, CONNECTICUT WHOSE MISSION IS TO ENABLE WOMEN AND CHILDREN TO REACH THE FULLNESS OF THEIR POTENTIAL THROUGH EDUCATION IN ENGLISH LANGAUGE AND LIFE SKILLS.

Program Service Accomplishments

Program 1
Expenses: $476,602

EDUCATIONAL PROGRAMS - ENGLISH AS A SECOND LANGUAGE AND LIFE SKILLS FOR DISADVANTAGED WOMEN AND CHILDREN.

Program 2
Expenses: $500

TO ASSIST WOMEN AND CHILDREN IN EMERGENCY SITUATIONS WITH FUNDS TO PROVIDE FOR THEIR IMMEDIATE NEEDS TO ENSURE SAFETY AND HEALTH.

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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 $509,624
Program Service Revenue $0
Investment Income $9,778
Other Revenue $48,049
TOTAL REVENUE $567,451

Expense Breakdown

Grants Paid $0
Salaries & Benefits $288,051
Fundraising Expenses $23,252
Program Expenses $477,102
Other Expenses $267,359
TOTAL EXPENSES $555,410

Year-over-Year Comparison

2023 2022 Change
Revenue $567,451 $590,905 0.0%
Expenses $555,410 $555,287 +0.0%
Net Income $12,041 $35,618 -0.7%
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
13
Independent Members
13
Employees
8
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
$91,200
Total Directors
13
$91,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY DOOLEY SSND BOARD CHAIR 1.00
Officer Director
$0 $0 $0
MARY ANN BARNEY SECRETARY 1.00
Officer Director
$0 $0 $0
DANIELLE BALEEIRO DIRECTOR 1.00
Director
$0 $0 $0
HELEN RAMOS PAIZ EXECUTIVE DIRECTOR 40.00
Officer Director
$91,200 $0 $91,200
VICTOR M FERRANTE DIRECTOR 1.00
Director
$0 $0 $0
JANET FISHER DIRECTOR 1.00
Director
$0 $0 $0
PAT HAMMOND DIRECTOR 1.00
Director
$0 $0 $0
SHEILA MCCAFFREY DIRECTOR 1.00
Director
$0 $0 $0
JULIE MUGHAL DIRECTOR 1.00
Director
$0 $0 $0
PAT PATUSKY DIRECTOR 1.00
Director
$0 $0 $0
SUSAN QUINN DIRECTOR 1.00
Director
$0 $0 $0
WENDY WOOLF DIRECTOR 1.00
Director
$0 $0 $0
TIM YATES DIRECTOR 1.00
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
2025 No data No data No data No data
2024 $567,451 $555,410 $669,897 $12,041
2023 $590,905 $555,287 $624,890 $35,618
2022 $444,513 $525,650 $588,269 $-81,137
2021 $660,458 $525,682 $670,577 $134,776
2020 $583,737 $602,929 $620,915 $-19,192
2019 $564,913 $635,677 $572,762 $-70,764
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