FRIENDS OF CONNETQUOT INC

🔒

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

1997

Legal Domicile

Principal Officer

GLENN REED

Phone

6312789935

Tax Period

2025-01-01 to 2025-12-31

FRIENDS OF CONNETQUOT INC, founded in 1997, is a small nonprofit in the Environment sector that reported $221K in total revenue in fiscal year 2025. Revenue surged 280% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 18% operating margin.

Mission

FRIENDS OF CONNETQUOT IS A NONPROFIT ORGANIZATION DEDICATED TO THE PRESERVATION, CONSERVATION AND CONTINUATION FOR FUTURE GENERATIONS OF THE CONNETQUOT RIVER STATE PARK

Program Service Accomplishments

Program 1

Expenses: $151,468 Revenue: $193,538

EXPENSES INCURRED ARE FOR MAINTAINING, PROMOTING AND PRESERVING THE CONNETQUOT RIVER STATE PARK

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $185,270

Program Service Revenue $0

Investment Income $8,268

Other Revenue $27,121

TOTAL REVENUE $220,659

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $23,252

Program Expenses $151,468

Other Expenses $180,497

TOTAL EXPENSES $180,497

Year-over-Year Comparison

	2025	2024	Change
Revenue	$220,659	$58,087	+2.8%
Expenses	$180,497	$89,201	+1.0%
Net Income	$40,162	$-31,114	-2.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET SOLEY	President	10.00	Officer	$0	$0	$0
DAVID REISFELD	Vice President	1.00	Officer	$0	$0	$0
GLENN REED	Treasurer	2.00	Officer	$0	$0	$0
MELISSA SPOLAR	Secretary	1.00	Officer	$0	$0	$0
CAROLE SCIALDONE	Director	1.00	Officer	$0	$0	$0
JAMES FITZPATRICK	Director	1.00	Officer	$0	$0	$0
KHRISTINE BRYANT	Director	1.00	Officer	$0	$0	$0
RITAMARIE WEIGAND	Director	1.00	Officer	$0	$0	$0
ED GROSS	Director	1.00	Officer	$0	$0	$0
THERESA SIMEONE	Director	1.00	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	$220,659	$180,497	$315,143	$40,162
2024	No data	No data	No data	No data
2023	$305,918	$167,599	$314,351	$138,319
2022	$224,701	$120,182	$179,515	$104,519
2021	$17,496	$19,451	$66,944	$-1,955
2020	$51,227	$31,123	$75,413	$20,104
2019	$33,970	$35,330	$57,151	$-1,360