THE GREATER BRIDGEPORT OIC INC

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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

1997

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

THE GREATER BRIDGEPORT OIC INC, founded in 1997, is a small nonprofit in the Employment sector that reported $314K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $353K exceeded revenue, resulting in a 12% operating deficit.

Mission

EMPLOYMENT & TRAINING PROGRAM

Program Service Accomplishments

Program 1

Expenses: $332,300

The agencys primary grant was renewed to continue to providebasic career and business development services to 125disadvantaged residents in Fairfield County. Additional trainingservices include Urban Farming Training and ServeSafe FoodHandlers certification.The agency expanded its scope of services to include CertifiedNurses Aid Training and received a grant in the amount of$125,000.00 for training and case management services. Thesuccessful graduates will have priority for employment starting at$25.00 per hour with full benefits at the local hospital.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $313,807

Program Service Revenue $0

Investment Income $22

Other Revenue $0

TOTAL REVENUE $313,829

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,477

Fundraising Expenses $0

Program Expenses $332,300

Other Expenses $251,332

TOTAL EXPENSES $352,809

Year-over-Year Comparison

	2023	2022	Change
Revenue	$313,829	$371,183	-0.2%
Expenses	$352,809	$359,266	0.0%
Net Income	$-38,980	$11,917	-4.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
DIANA WASHINGTON	CHAIRPERSON	2.00	Officer	$0	$0	$0
FRANCES NEWBY	MEMBER	2.00	Officer	$0	$0	$0
ELENA PADIN	SECRETARY	2.00	Officer	$0	$0	$0
MARIA R ALTERIE	MEMBER	2.00	Officer	$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	$313,829	$352,809	$137,660	$-38,980
2023	$371,183	$359,266	$150,076	$11,917
2022	$229,568	$226,411	$135,491	$3,157
2021	$251,885	$248,134	$134,137	$3,751
2021	$203,634	$208,075	$125,945	$-4,441
2020	$170,212	$251,000	$145,242	$-80,788
2019	$397,389	$226,743	$203,355	$170,646