The Colt Trust Inc

EIN: 061464434 501(c)(3)

Hartford, CT

Total Revenue
$5,800
Total Expenses
$96,168
Total Assets
$97,444
Net Assets
$59,944
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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
Kevin A Collins
Phone
8609906344
Tax Period
2024-07-01 to 2025-06-30

The Colt Trust Inc, founded in 1996, is a micro nonprofit that reported $6K in total revenue in fiscal year 2024. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $96K exceeded revenue, resulting in a 1558% operating deficit.

Mission

To support the educational mission of Trinity College

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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 $5,800
Investment Income $0
Other Revenue $0
TOTAL REVENUE $5,800

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,077
Other Expenses $96,168
TOTAL EXPENSES $96,168

Year-over-Year Comparison

2024 2023 Change
Revenue $5,800 $124,618 -1.0%
Expenses $96,168 $133,876 -0.3%
Net Income $-90,368 $-9,258 +8.8%
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
2
Independent Members
2
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alex Raffol Vice President 0.50
Officer Director
$0 $0 $0
Kevin A Collins President 0.50
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 $5,800 $96,168 $97,444 $-90,368
2024 $124,618 $133,876 $150,312 $-9,258
2023 $131,816 $175,612 $159,570 $-43,796
2022 $105,484 $156,841 $203,366 $-51,357
2021 $116,610 $138,089 $254,723 $-21,479
2020 $88,727 $150,608 $276,204 $-61,881
2019 $99,896 $125,766 $340,258 $-25,870
2018 $89,978 $129,997 $365,755 $-40,019
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