Willington Baptist Society Inc

EIN: 061550377 501(c)(3) Religion

Willington, CT

Total Revenue
$11,100
Total Expenses
$2,500
Total Assets
$553,231
Net Assets
$553,231
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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
1999
Legal Domicile
CT
Principal Officer
Richard P Sarachek
Phone
8606845498
Tax Period
2024-01-01 to 2024-12-31

Willington Baptist Society Inc, founded in 1999, is a micro nonprofit in the Religion sector that reported $11K in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9K, a strong 77% operating margin.

Mission

To help in the support of The Federated Church of Willington 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $11,100
Other Revenue $0
TOTAL REVENUE $11,100

Expense Breakdown

Grants Paid $2,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,500
Other Expenses $0
TOTAL EXPENSES $2,500

Year-over-Year Comparison

2024 2023 Change
Revenue $11,100 $6,237 +0.8%
Expenses $2,500 $2,000 +0.3%
Net Income $8,600 $4,237 +1.0%
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

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Governance

Voting Members
14
Independent Members
N/A
Employees
N/A
Volunteers
3

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD P SARACHEK President 0.00
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
2024 $11,100 $2,500 $553,231 $8,600
2021 $176 $13,724 $532,363 $-13,548
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