NORTHWEST CT COMMUNITY FOUNDATION TRUST

EIN: 066114199 501(c)(3) Philanthropy & Grantmaking

TORRINGTON, CT

Total Revenue
$307,387
Total Expenses
$509,101
Total Assets
$6,439,370
Net Assets
$6,335,130
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
CT
Principal Officer
GUY ROVEZZI
Phone
8606261245
Tax Period
2025-01-01 to 2025-12-31

NORTHWEST CT COMMUNITY FOUNDATION TRUST, founded in 1970, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $307K in total revenue in fiscal year 2025. Expenses of $509K exceeded revenue, resulting in a 66% operating deficit.

Mission

TO ENHANCE QUALITY OF LIFE FOR CITIZENS IN ITS SERVICE AREA BY IDENTIFYING AND RESPONDING TO COMMUNITY NEEDS BY PROVIDING FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS AND GRANTS TO 501(C)(3) ORGANIZATIONS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $168,539
Program Service Revenue $0
Investment Income $138,848
Other Revenue $0
TOTAL REVENUE $307,387

Expense Breakdown

Grants Paid $348,881
Salaries & Benefits $0
Fundraising Expenses $132
Program Expenses $399,986
Other Expenses $160,220
TOTAL EXPENSES $509,101

Year-over-Year Comparison

2025 2024 Change
Revenue $307,387 $317,614 0.0%
Expenses $509,101 $505,757 +0.0%
Net Income $-201,714 $-188,143 +0.1%
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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Governance

Voting Members
15
Independent Members
15
Employees
14
Volunteers
75

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
7
$251,986
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GUY ROVEZZI President 5.00
Officer
$218,321 $33,665 $251,986
Mikhael wilkinson Sr VP of financeOp 5.00
$129,000 $9,191 $138,191
Bradford Hoar VP philanthropic 5.00
$111,500 $24,240 $135,740
Nicole Easley VP of Comm 5.00
$107,000 $24,105 $131,105
Leslie Firscia CFO 5.00
$107,000 $15,750 $122,750
Julia Scharnberg VP Comm Engagmt 5.00
$115,000 $6,147 $121,147
Jessica Magda MD Director 1.00
Director
$0 $0 $0
Barbara Spiegel Director 1.00
Director
$0 $0 $0
Sandra Pinnavaia Director 1.00
Director
$0 $0 $0
Adrian Selby Chairman 1.00
Officer Director
$0 $0 $0
David Antoniazzi Vice Chairman 1.00
Officer Director
$0 $0 $0
Patrique Fearon Director 1.00
Director
$0 $0 $0
Vincent Inconiglios Director 1.00
Director
$0 $0 $0
Chuck Short Director 1.00
Director
$0 $0 $0
Sandra Eldelman President 1.00
Officer Director
$0 $0 $0
Jason Giordano Director 1.00
Director
$0 $0 $0
Anthea Disney 2nd Vice Chair 1.00
Officer Director
$0 $0 $0
Rod Pleasants Director 1.00
Director
$0 $0 $0
Anne Ruwet Secretary 1.00
Officer Director
$0 $0 $0
MIke McGill Director 1.00
Director
$0 $0 $0
elizabeth brayboy Treasurer 1.00
Officer Director
$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 $307,387 $509,101 $6,439,370 $-201,714
2024 $317,614 $505,757 $5,966,174 $-188,143
2023 $392,049 $471,775 $5,667,827 $-79,726
2022 $287,627 $623,770 $5,857,770 $-336,143
2021 $428,798 $333,393 $7,370,636 $95,405
2020 $583,665 $504,593 $6,077,099 $79,072
2019 $1,037,673 $298,019 $5,834,077 $739,654
2018 $-151,072 $395,647 $4,912,072 $-546,719
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