CONNECTICUT TALENT ASSISTANCE COOPERATIV CONNTAC INC

EIN: 222496290 501(c)(3) Education

MERIDEN, CT

Total Revenue
$981,333
Total Expenses
$906,341
Total Assets
$352,812
Net Assets
$177,297
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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
1984
Legal Domicile
CT
Principal Officer
TOMEKA WILLIAMS
Phone
8605782560
Tax Period
2024-07-01 to 2025-06-30

CONNECTICUT TALENT ASSISTANCE COOPERATIV CONNTAC INC, founded in 1984, is a small nonprofit in the Education sector that reported $981K in total revenue in fiscal year 2024. Expenses of $906K left a modest 8% surplus.

Mission

FORM 990 - PART III LINE 1 BRIEFLY DESCRIBE THE ORGANIZATIONS MISSION:MISSION STATEMENT: THE MISSION OF CONNTAC IS TO PROMOTE AND EXPAND EQUALEDUCATIONAL ACCESS AND OPPORTUNITY FOR CONNECTICUT RESIDENTS. CONNTACADVOCATES ISSUES AND PROVIDES SUPPORT SERVICES FOR RESIDENTS FROM LOW INCOMEFIRST GENERATION EDUCATION

Program Service Accomplishments

Program 1
Expenses: $823,405 Revenue: $906,641

ENCOURAGE INDIVIDUALS WHO HAVE NOT GONE ON TO POST SECONDARY EDUCATION TOCONTINUE BY PROVIDING THEM WITH CAREER COUNSELING TUTORING WORKSHOPS FINANCIALAID RESOURCES AND REFERRALS

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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 (2024)

Revenue Breakdown

Contributions & Grants $974,567
Program Service Revenue $0
Investment Income $6,176
Other Revenue $590
TOTAL REVENUE $981,333

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $636,252
Fundraising Expenses $0
Program Expenses $823,405
Other Expenses $265,089
TOTAL EXPENSES $906,341

Year-over-Year Comparison

2024 2023 Change
Revenue $981,333 $1,019,995 0.0%
Expenses $906,341 $1,022,343 -0.1%
Net Income $74,992 $-2,348 -32.9%
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
12
Independent Members
10
Employees
14
Volunteers
N/A

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
1
$66,500
Total Directors
5
$66,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH ARMSTRONG PRESIDENT 36.00
Director
$0 $0 $0
DONNA HARDAWAY VICE PRESIDENT 36.00
Director
$0 $0 $0
OURDES CRUZ TREASURER 36.00
Director
$0 $0 $0
DIAN BROW-ALBERT SECRETARY 36.00
Director
$0 $0 $0
TOMEKA WILLIAMS DIRECTOR 40.00
Officer Director
$66,500 $0 $66,500
N/A BOARD MEMEBER 36.00
$0 $0 $0
N/A BOARD MEMEBER 36.00
$0 $0 $0
N/A BOARD MEMEBER 36.00
$0 $0 $0
N/A BOARD MEMEBER 36.00
$0 $0 $0
N/A BOARD MEMEBER 36.00
$0 $0 $0
N/A BOARD MEMEBER 36.00
$0 $0 $0
N/A BOARD MEMEBER 36.00
$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 $981,333 $906,341 $352,812 $74,992
2024 $860,056 $866,040 $332,917 $-5,984
2022 $839,250 $841,458 $270,894 $-2,208
2021 $842,224 $843,665 $272,750 $-1,441
2021 $842,224 $843,665 $272,750 $-1,441
2020 $789,754 $789,134 $328,977 $620
2018 $783,649 $816,454 $335,729 $-32,805
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