East Hartford, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Connecticut Center for Advanced Technology Inc, founded in 2004, is a mid-sized nonprofit in the Employment sector that reported $18.3M in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $16.8M left a modest 8% surplus.
To lead the advancement of applied technologies, power the workforce of the future and inspire change.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $18,320,884 | $10,021,083 | +0.8% |
| Expenses | $16,828,780 | $10,483,557 | +0.6% |
| Net Income | $1,492,104 | $-462,474 | -4.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Kevin Flanagan | Chairman of the Board | 0.50 |
Director
|
$0 | $0 | $0 |
| Craig Douglas | Vice Chairman of the Board | 0.50 |
Director
|
$0 | $0 | $0 |
| Michelle Allinson | Member of the Board | 0.50 |
Director
|
$0 | $0 | $0 |
| Adrian Cosma | Member of the Board | 0.50 |
Director
|
$0 | $0 | $0 |
| Rodney Powell | Member of the Board | 0.50 |
Director
|
$0 | $0 | $0 |
| Teri Prive | Member of the Board | 0.50 |
Director
|
$0 | $0 | $0 |
| Ron Angelo | President & CEO | 65.00 |
Officer
|
$293,586 | $14,764 | $308,350 |
| John A Glidden | Chief Financial Officer/Secretary | 45.00 |
Officer
|
$218,238 | $29,439 | $247,677 |
| Jacquelynn K Garofano | Chief Technology Officer | 40.00 |
Officer
|
$161,260 | $17,382 | $178,642 |
| Joseph B Wysocki | Director of Manufacturing Technology | 40.00 |
Highest
|
$156,940 | $21,303 | $178,243 |
| Henry Babiec | Senior Manufacturing Applications Engineer | 40.00 |
Highest
|
$124,487 | $13,319 | $137,806 |
| Cheryl Stephenson | Controller | 40.00 |
Highest
|
$123,735 | $12,937 | $136,672 |
| Jeffrey Crandall | Senior Manager of Additive Technologies | 40.00 |
Highest
|
$123,816 | $7,143 | $130,959 |
| Paul Striebel | Program & Procurement Manager | 40.00 |
Highest
|
$121,659 | $18,120 | $139,779 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $18,320,884 | $16,828,780 | $21,896,534 | $1,492,104 |
| 2022 | $10,021,083 | $10,483,557 | $16,233,195 | $-462,474 |
| 2021 | $9,054,771 | $9,629,248 | $11,814,125 | $-574,477 |
| 2020 | $7,709,680 | $7,898,916 | $15,450,479 | $-189,236 |
| 2019 | $8,743,444 | $8,622,350 | $8,937,073 | $121,094 |
| 2018 | $7,868,111 | $8,264,573 | $7,520,407 | $-396,462 |
Compare Connecticut Center for Advanced Technology Inc with other nonprofits in Connecticut and across the country.