GROTON OPEN SPACE ASSOCIATION INC (EIN 061469419) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

Betsy Chittenden

Phone

7039456210

Tax Period

2025-01-01 to 2025-12-31

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.

Mission

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.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $143,133

Program Service Revenue $0

Investment Income $7,271

Other Revenue $0

TOTAL REVENUE $150,404

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,114

Program Expenses $44,779

Other Expenses $54,072

TOTAL EXPENSES $54,072

Year-over-Year Comparison

	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%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

300

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

Total Directors

Key Employees

Highest Compensated

reported

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	$0	$0	$0
Wendy Spader	Secretary	20	Officer Director	$0	$0	$0
Kevin Ryan	Treasurer	15	Officer Director	$0	$0	$0
Sidny Van Zandt	Director	20	Director	$0	$0	$0
Dan O'Connell	Director	20	Director	$0	$0	$0
Janet Andersen	Director	20	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	$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

GROTON OPEN SPACE ASSOCIATION INC