CEANEA RIDGEFIELD

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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

1964

Legal Domicile

Principal Officer

DAVID YOLEN

Phone

2038943400

Tax Period

2024-07-01 to 2025-06-30

CEANEA RIDGEFIELD, founded in 1964, is a small nonprofit that reported $362K in total revenue in fiscal year 2024. Expenses of $349K left a modest 4% surplus.

Mission

THE ASSOCIATION REPRESENTS THE TEACHERS OF RIDGEFIELD, CT AND ACT ON THEIR BEHALF FOR UNION NEGOTIATIONS.

Program Service Accomplishments

Program 1

Expenses: $348,907

THE ASSOCIATION REPRESENTS THE TEACHERS OF RIDGEFIELD CT AND ACTS ON THEIR BEHALF FOR UNION NEGOTIATIONS.

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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 $361,727

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $361,727

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,250

Fundraising Expenses $0

Program Expenses $348,907

Other Expenses $316,657

TOTAL EXPENSES $348,907

Year-over-Year Comparison

	2024	2023	Change
Revenue	$361,727	$339,352	+0.1%
Expenses	$348,907	$359,599	0.0%
Net Income	$12,820	$-20,247	-1.6%

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

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

$27,750

Total Directors

$32,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY ELLEN FOLEY	President	1.0	Officer Director	$9,750	$0	$9,750
ELIZABETH KARLIN	VICE PRESIDENT - OPERATIONS	1.0	Officer Director	$4,500	$0	$4,500
DAVID YOLEN	TREASURER	1.0	Officer Director	$4,500	$0	$4,500
MIKE HOUGASIAN	SECRETARY	1.0	Officer Director	$4,500	$0	$4,500
Ashley Brookshank	VICE PRESIDENT - COMMUNICATION	1.0	Officer Director	$4,500	$0	$4,500
Julie Reynolds	Elementary Rep Leader	1.0	Director	$4,500	$0	$4,500

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
2026	No data	No data	No data	No data
2025	$361,727	$348,907	$97,430	$12,820
2024	$339,352	$359,599	$82,127	$-20,247
2023	$273,441	$295,895	$105,235	$-22,454
2022	$325,917	$366,483	$127,689	$-40,566
2021	$329,424	$364,393	$171,017	$-34,969
2020	$335,023	$348,117	$205,985	$-13,094