SEABURY CHARITABLE FOUNDATION INC

EIN: 061458630 501(c)(3) Housing & Shelter

BLOOMFIELD, CT

Total Revenue
$818,111
Total Expenses
$453,264
Total Assets
$8,650,327
Net Assets
$8,445,634
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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
BORDEN PAINTER
Phone
8602860243
Tax Period
2023-10-01 to 2024-09-30

SEABURY CHARITABLE FOUNDATION INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $818K in total revenue in fiscal year 2023. Revenue surged 197% from the prior year, signaling strong growth momentum. The organization ran a surplus of $365K, a strong 45% operating margin.

Mission

TO UPHOLD, PROMOTE AND FURTHER THE WELFARE AND ACTIVITIES OF SEABURY, INC. AND ITS SUBSIDIARIES, CHURCH HOME OF HARTFORD INCORPORATED ("CHHI") AND SEABURY AT HOME INCORPORATED ("SAHI").

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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 $528,763
Program Service Revenue $0
Investment Income $298,969
Other Revenue $-9,621
TOTAL REVENUE $818,111

Expense Breakdown

Grants Paid $206,190
Salaries & Benefits $0
Fundraising Expenses $154,915
Program Expenses $214,912
Other Expenses $247,074
TOTAL EXPENSES $453,264

Year-over-Year Comparison

2023 2022 Change
Revenue $818,111 $275,583 +2.0%
Expenses $453,264 $420,961 +0.1%
Net Income $364,847 $-145,378 -3.5%
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
9
Independent Members
9
Employees
N/A
Volunteers
10

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
4
$486,040
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENEE J BERNASCONI PRESIDENT 0.30
Officer
$0 $59,761 $486,040
MONIQUE R POLIDORO CHAIR (THRU 02/24) 0.30
Officer Director
$0 $0 $0
BORDEN PAINTER CHAIR (AS OF 03/24) 0.30
Officer Director
$0 $0 $0
MARIAN MOORE SECRETARY AND TREASURER 0.30
Officer Director
$0 $0 $0
DAVID CROMBIE MEMBER 0.30
Director
$0 $0 $0
JAMES TRAIL MEMBER 0.30
Director
$0 $0 $0
DOUGLASS TRUMBLE MEMBER 0.30
Director
$0 $0 $0
PAUL BAYLISS MEMBER 0.30
Director
$0 $0 $0
SHIRLEY DELONG MEMBER 0.30
Director
$0 $0 $0
PAULINE TOPAZIAN MEMBER (AS OF 03/24) 0.30
Director
$0 $0 $0
REV ERL G PURNELL EX-OFFICIO MEMBER 0.30
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
2024 $818,111 $453,264 $8,650,327 $364,847
2023 $275,583 $420,961 $7,269,093 $-145,378
2022 $642,966 $500,067 $6,852,205 $142,899
2021 $311,579 $371,748 $8,188,133 $-60,169
2020 $583,731 $247,047 $7,462,798 $336,684
2019 $236,490 $409,388 $6,770,541 $-172,898
2018 $754,855 $1,492,327 $6,996,768 $-737,472
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