CONNECTICUT RADIO FELLOWSHIP INC

EIN: 066065406 501(c)(3) Arts, Culture & Humanities

MIDDLETOWN, CT

Total Revenue
$673,806
Total Expenses
$856,797
Total Assets
$1,537,973
Net Assets
$1,537,973
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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
1962
Legal Domicile
CT
Tax Period
2023-01-01 to 2023-12-31

CONNECTICUT RADIO FELLOWSHIP INC, founded in 1962, is a small nonprofit in the Arts, Culture & Humanities sector that reported $674K in total revenue in fiscal year 2023. Expenses of $857K exceeded revenue, resulting in a 27% operating deficit.

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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 (2023)

Revenue Breakdown

Contributions & Grants $608,732
Program Service Revenue $30,920
Investment Income $23,886
Other Revenue $10,268
TOTAL REVENUE $673,806

Expense Breakdown

Grants Paid $0
Salaries & Benefits $566,763
Fundraising Expenses $0
Program Expenses $696,041
Other Expenses $290,034
TOTAL EXPENSES $856,797

Year-over-Year Comparison

2023 2022 Change
Revenue $673,806 $649,611 +0.0%
Expenses $856,797 $786,151 +0.1%
Net Income $-182,991 $-136,540 +0.3%
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

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Governance

Voting Members
6
Independent Members
6
Employees
24
Volunteers
26

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
3
$0
Total Directors
6
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN BALDWIN DIRECTOR 0.00
Director
$0 $0 $0
CHRIS ADAMS DIRECTOR 0.00
Director
$0 $0 $0
WILLIAM BACON DIRECTOR 0.00
Director
$0 $0 $0
DIANE BENNETT SECRETARY DIRECTOR 0.00
Officer Director
$0 $0 $0
ALBERT INARELLI TREASURER DIRECTOR 0.00
Officer Director
$0 $0 $0
DREW CRANDALL PRESIDENT DIRECTOR 0.00
Officer Director
$0 $0 $0
MATT HARPER GENERAL MANAGER 0.00
Key Emp
$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 No data No data No data No data
2023 $673,806 $856,797 $1,537,973 $-182,991
2022 $649,611 $786,151 $1,721,449 $-136,540
2021 $639,821 $753,377 $1,908,591 $-113,556
2020 $659,232 $634,495 $2,022,147 $24,737
2019 $633,657 $640,074 $1,988,440 $-6,417
2018 $609,540 $658,347 $1,960,659 $-48,807
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