Groton, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GROTON OPEN SPACE ASSOCIATION INC, founded in 1996, is a small nonprofit in the Environment sector that reported $150K in total revenue in fiscal year 2025. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $96K, a strong 64% operating margin.
GOSA's mission is to protect and preserve open space and water resources in Southeastern CT, provide public access for passive recreation, and to educate the public.
STEWARDSHIP: Funds were used for lumber, screws, bolts and treads to replace deteriorate bog bridging and build a new bridge on our Candlewood Ridge property. About 140 saplings and steel cages were...
STEWARDSHIP: Funds were used for lumber, screws, bolts and treads to replace deteriorate bog bridging and build a new bridge on our Candlewood Ridge property. About 140 saplings and steel cages were purchased for and installed on the Sheep Farm South property where invasive vegetation removal was recently done. A private contractor was paid to perform field mowing at several properties. Stewardship of all preserves was performed including installation of signage, invasive control, routine mowing and purchase of small tools.
MISSION OUTREACH: Funds were used to create documentaries about GOSA's mission to educate the public about wildlife and the environment. Flyers were created and printed to inform members and the...
MISSION OUTREACH: Funds were used to create documentaries about GOSA's mission to educate the public about wildlife and the environment. Flyers were created and printed to inform members and the community about GOSA's properties, the benefits of being outdoors, and community hikes hosted by GOSA.
COMMUNITY OUTREACH: Buses were provided to transport young children to our properties where they were led on hikes to experience nature. Students in grades K-3 from Groton Public Schools and campers...
COMMUNITY OUTREACH: Buses were provided to transport young children to our properties where they were led on hikes to experience nature. Students in grades K-3 from Groton Public Schools and campers from the Groton Parks and Recreation summer camp program benefited from this program. A movable trail counter was purchased and initially installed at Sheep Farm North to record the number of hikers using the property.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $150,404 | $199,875 | -0.2% |
| Expenses | $54,072 | $31,553 | +0.7% |
| Net Income | $96,332 | $168,322 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Betsy Chittenden | President | 30 |
Officer
Director
|
$0 | $0 | $0 |
| Joan Smith | Vice President | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kennith Paonessa | Vice President | 20 |
Officer
Director
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$0 | $0 | $0 |
| Wendy Spader | Secretary | 20 |
Officer
Director
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$0 | $0 | $0 |
| Kevin Ryan | Treasurer | 15 |
Officer
Director
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$0 | $0 | $0 |
| Sidny Van Zandt | Director | 20 |
Director
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$0 | $0 | $0 |
| Dan O'Connell | Director | 20 |
Director
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$0 | $0 | $0 |
| Janet Andersen | Director | 20 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $150,404 | $54,072 | $7,064,939 | $96,332 |
| 2024 | $199,875 | $31,553 | $6,968,607 | $168,322 |
| 2024 | $199,875 | $31,553 | $6,968,607 | $168,322 |
| 2023 | $257,111 | $29,230 | $6,800,285 | $227,881 |
| 2022 | $157,279 | $242,147 | $6,572,405 | $-84,868 |
| 2021 | $1,450,842 | $28,840 | $6,657,272 | $1,422,002 |
| 2020 | $146,987 | $28,982 | $5,235,270 | $118,005 |
| 2019 | $144,783 | $60,442 | $5,117,265 | $84,341 |
| 2018 | $102,846 | $36,400 | $5,032,924 | $66,446 |
Compare GROTON OPEN SPACE ASSOCIATION INC with other nonprofits in Connecticut and across the country.