THE DIAPER BANK OF CONNECTICUT INC

EIN: 201179912 501(c)(3)

NORTH HAVEN, CT

Total Revenue
$2,413,787
Total Expenses
$2,414,150
Total Assets
$1,230,012
Net Assets
$996,922
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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
2004
Legal Domicile
CT
Principal Officer
JANET STOLFI ALFANO
Phone
2039347009
Tax Period
2022-07-01 to 2023-06-30

THE DIAPER BANK OF CONNECTICUT INC, founded in 2004, is a community nonprofit that reported $2.4M in total revenue in fiscal year 2022. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION'S MISSION IS 1)TO ENSURE THAT FAMILIES LIVING IN POVERTY HAVE AN ADEQUATE SUPPLY OF DIAPERS, PERIOD SUPPLIES, AND INCONTINENCE PRODUCTS, 2) TO RAISE COMMUNITY AWARENESS THAT BASIC HUMAN NEEDS INCLUDE DIAPERS, PERIOD SUPPLIES, AND INCONTINENCE PRODUCTS AND THAT THESE NEEDS ARE NOT BEING MET FOR INDIVIDUALS AND FAMILIES LIVING IN POVERTY, 3) TO ADVOCATE FOR POLICY REFORM SO THAT DIAPERS, PERIOD SUPPLIES, AND INCONTINENCE PRODUCTS ARE INCLUDED IN THE DEFINITION OF AND PROVISION FOR THE BASIC HUMAN NEEDS OF FAMILIES

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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 (2022)

Revenue Breakdown

Contributions & Grants $2,350,763
Program Service Revenue $14,258
Investment Income $0
Other Revenue $48,766
TOTAL REVENUE $2,413,787

Expense Breakdown

Grants Paid $0
Salaries & Benefits $675,433
Fundraising Expenses $61,674
Program Expenses $2,177,639
Other Expenses $1,738,717
TOTAL EXPENSES $2,414,150

Year-over-Year Comparison

2022 2021 Change
Revenue $2,413,787 $2,137,896 +0.1%
Expenses $2,414,150 $1,807,102 +0.3%
Net Income $-363 $330,794 -1.0%
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
9
Independent Members
9
Employees
11
Volunteers
543

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
5
$104,502
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
APRIL CAPONE BOARD CHAIR 1.00
Officer Director
$0 $0 $0
LUIS OLMO-RIVERA BOARD VICE CHAIR 1.00
Officer Director
$0 $0 $0
NICK SCHUPBACH TREASURER 1.00
Officer Director
$0 $0 $0
ANNE JEROME SECRETARY 1.00
Officer Director
$0 $0 $0
LYNN BRODER DIRECTOR 1.00
Director
$0 $0 $0
MARIO BUCCIERO DIRECTOR 1.00
Director
$0 $0 $0
SHAVONNE HARRIS DIRECTOR 1.00
Director
$0 $0 $0
BRIAN MCGOVERN DIRECTOR 1.00
Director
$0 $0 $0
NATASHA RIVERA-LABUTHIE DIRECTOR 1.00
Director
$0 $0 $0
JANET STOLFI-ALFANO EXECUTIVE DIRECTOR 40.00
Officer
$97,426 $7,076 $104,502
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 No data No data No data No data
2024 No data No data No data No data
2023 $2,413,787 $2,414,150 $1,230,012 $-363
2022 $2,137,896 $1,807,102 $2,855,644 $330,794
2021 $1,182,971 $1,213,526 $821,702 $-30,555
2020 $1,196,987 $738,659 $1,118,507 $458,328
2019 $540,589 $490,276 $251,389 $50,313
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