ARTS & CRAFTS ASSOCIATION OF MERIDEN (EIN 066038423) - 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

1951

Legal Domicile

Principal Officer

SANDY GOODYEAR

Phone

2032355347

Tax Period

2024-07-01 to 2025-06-30

ARTS & CRAFTS ASSOCIATION OF MERIDEN, founded in 1951, is a small nonprofit in the Arts, Culture & Humanities sector that reported $188K in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 48% operating margin.

Mission

CONSERVATION AND PROMOTION OF ART

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $115,528

Program Service Revenue $56,937

Investment Income $13,391

Other Revenue $2,430

TOTAL REVENUE $188,286

Expense Breakdown

Grants Paid $0

Salaries & Benefits $36,916

Fundraising Expenses $0

Program Expenses $73,456

Other Expenses $60,098

TOTAL EXPENSES $97,014

Year-over-Year Comparison

	2024	2023	Change
Revenue	$188,286	$106,930	+0.8%
Expenses	$97,014	$92,056	+0.1%
Net Income	$91,272	$14,874	+5.1%

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

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

$34,546

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINE WEBSTER	PRESIDENT	10.00	Officer	$0	$0	$0
MAUREEN HARRY	VICE PRESIDENT	8.00	Officer	$0	$0	$0
JANET GALWAK	RECORDING SECRETARY	8.00	Officer	$0	$0	$0
DENISE CARRY	CORRESPONDING SECRETARY	8.00	Officer	$0	$0	$0
SANDRA GOODYEAR	TREASURER	20.00	Officer	$34,546	$0	$34,546
ROSE DEVLIN	VP OF MEDIA	8.00	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	$188,286	$97,014	$383,626	$91,272
2024	$106,930	$92,056	$330,266	$14,874
2023	$118,172	$94,388	$300,679	$23,784
2019	$52,825	$60,160	$154,652	$-7,335
2018	$42,712	$61,772	$161,293	$-19,060

ARTS & CRAFTS ASSOCIATION OF MERIDEN