CONNECTICUT TALENT ASSISTANCE COOPERATIV CONNTAC INC (EIN 222496290) - Form 990 Financial Analysis & Trantor Score

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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

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

MISSION STATEMENT: THE MISSION OF CONNTAC IS TO PROMOTE AND EXPAND EQUAL EDUCATIONALACCESS AND OPPORTUNITY FOR CONNECTICUT RESIDENTS. CONNTAC ADVOCATES ISSUES ANDPROVIDES SUPPORT SERVICES FOR RESIDENTS FROM LOW INCOME FIRST GENERATION EDUCATION

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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%)

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

Governance

Voting Members

Independent Members

Employees

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

$66,500

Total Directors

$66,500

Key Employees

Highest Compensated

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

CONNECTICUT TALENT ASSISTANCE COOPERATIV CONNTAC INC