CHILDREN'S CENTER OF GREATER WATER… - Form 990 Financial Data

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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

Principal Officer

LORAINE SHEA

Phone

2034378969

Tax Period

2018-09-01 to 2019-08-31

CHILDREN'S CENTER OF GREATER WATERBURY HEALTH NETWORK INC, founded in 1997, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2018.

Mission

TO PROVIDE EARLY CHILD CARE AND EDUCATION TO A DIVERSE COMMUNITY AT AFFORDABLE TUITION RATES.

Program Service Accomplishments

Program 1

Expenses: $1,339,130 Revenue: $1,441,275

PROVIDING CHILD CARE, SCHOOL READINESS, AFTER SCHOOL, AND SUMMER PROGRAMS TO 150 CHILDREN.

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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 (2018)

Revenue Breakdown

Contributions & Grants $89,508

Program Service Revenue $1,434,192

Investment Income $5,876

Other Revenue $7,671

TOTAL REVENUE $1,537,247

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,092,046

Fundraising Expenses $0

Program Expenses $1,339,130

Other Expenses $476,813

TOTAL EXPENSES $1,568,859

Year-over-Year Comparison

	2018	2017	Change
Revenue	$1,537,247	$1,534,758	+0.0%
Expenses	$1,568,859	$1,466,732	+0.1%
Net Income	$-31,612	$68,026	-1.5%

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

Governance

Voting Members

Independent Members

N/A

Employees

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

$339,095

Total Directors

$741,827

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORAINE SHEA	CHAIRPERSON	1.00	Officer Director	$0	$32,807	$251,017
CYNTHIA PIRRO	SECRETARY/SITE DIRECTOR	40.00	Officer Director	$78,000	$10,078	$88,078
GARY NIELSEN	BOARD MEMBER	2.00	Director	$0	$36,885	$189,513
STACEY HOFMANN	BOARD MEMBER	1.00	Director	$0	$0	$111,854
BRIAN BONDS	BOARD MEMBER	1.00	Director	$0	$20,578	$101,365

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
2019	$1,537,247	$1,568,859	$2,539,705	$-31,612
2019	$519,808	$531,854	No data	$-12,046

CHILDREN'S CENTER OF GREATER WATERBURY HEALTH NETWORK INC