GERARD AND WANDA BRUNET FOUNDATION DIME BANK TRUSTEE (EIN 061509849) - Form 990 Financial Analysis & Trantor Score

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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

1998

Legal Domicile

Principal Officer

BRIAN KOSOVSKY

Phone

8608594308

Tax Period

2024-07-01 to 2025-06-30

GERARD AND WANDA BRUNET FOUNDATION DIME BANK TRUSTEE, founded in 1998, is a small nonprofit in the Education sector that reported $214K in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $67K, a strong 31% operating margin.

Mission

TO PROVIDE SCHOLARSHIPS TO GRADUATING SENIORS OF GRISWOLD HIGH SCHOOL, GRISWOLD CT

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $214,285

Other Revenue $0

TOTAL REVENUE $214,285

Expense Breakdown

Grants Paid $112,734

Salaries & Benefits $21,251

Fundraising Expenses $0

Program Expenses $112,734

Other Expenses $13,640

TOTAL EXPENSES $147,625

Year-over-Year Comparison

	2024	2023	Change
Revenue	$214,285	$156,890	+0.4%
Expenses	$147,625	$139,133	+0.1%
Net Income	$66,660	$17,757	+2.8%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	CORPORATE TRUSTEE	1.50		$21,251	$0	$21,251

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	$214,285	$147,625	$1,466,856	$66,660
2024	$156,890	$139,133	$1,287,462	$17,757
2023	$244,776	$130,678	$1,269,705	$114,098
2022	$62,391	$133,200	$1,157,307	$-70,809
2021	$62,062	$124,383	$1,321,416	$-62,321
2020	$55,921	$117,780	$1,288,737	$-61,859
2019	$79,241	$115,517	$1,350,596	$-36,276

GERARD AND WANDA BRUNET FOUNDATION DIME BANK TRUSTEE