MERIDEN FEDERATION OF TEACHERS

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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

1963

Legal Domicile

Phone

2036348830

Tax Period

2023-07-01 to 2024-06-30

MERIDEN FEDERATION OF TEACHERS, founded in 1963, is a small nonprofit that reported $623K in total revenue in fiscal year 2023. Expenses of $595K left a modest 5% surplus.

Mission

LABOR UNION

Program Service Accomplishments

Program 1

THIS IS A LABOR ORGANIZATION. THE ACTIVITIES IT CONDUCTS IN FURTHERANCE OF ITS EXEMPT PURPOSES ARE CLOSELY INTERRELATED. THEREFORE, NO PRECISE ALLOCATION OF EXPENSES CAN BE MADE AMONG INDIVIDUAL...

THIS IS A LABOR ORGANIZATION. THE ACTIVITIES IT CONDUCTS IN FURTHERANCE OF ITS EXEMPT PURPOSES ARE CLOSELY INTERRELATED. THEREFORE, NO PRECISE ALLOCATION OF EXPENSES CAN BE MADE AMONG INDIVIDUAL ACTIVITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $610,800

Investment Income $1,895

Other Revenue $10,561

TOTAL REVENUE $623,256

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,057

Fundraising Expenses $0

Other Expenses $524,641

TOTAL EXPENSES $594,698

Year-over-Year Comparison

	2023	2022	Change
Revenue	$623,256	$581,660	+0.1%
Expenses	$594,698	$589,532	+0.0%
Net Income	$28,558	$-7,872	-4.6%

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

N/A

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

$60,295

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAUREN MANCINI-AVERITT	President	10.00	Officer	$20,666	$0	$20,666
KARI BARANSKY	Treasurer & Sec	3.00	Officer	$8,266	$0	$8,266
CHAD CARDILLO	VP Secondary	2.00	Officer	$6,405	$0	$6,405
KRISTA VERMEAL	Elementary VP	2.00	Officer	$5,905	$0	$5,905
COLLEEN MAY	1st VP	2.00	Officer	$5,905	$0	$5,905
DAVID SHARRON	Ex Board Member	2.00	Officer	$4,995	$0	$4,995
CATHLEEN LARSEN	Ex Board Member	2.00	Officer	$2,327	$0	$2,327
MATTHEW BANAS	Ex Board Member	2.00	Officer	$2,327	$0	$2,327
JESSICA MARLOWE	PAST EB ASSIST	2.00	Officer	$2,327	$0	$2,327
PHIL MANGIARACINA	Ex Board Member	2.00	Officer	$1,172	$0	$1,172

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	$623,256	$594,698	$202,520	$28,558
2023	$581,660	$589,532	$236,465	$-7,872
2022	$576,574	$611,804	$165,274	$-35,230
2021	$559,694	$548,974	$167,642	$10,720
2020	$515,826	$558,570	$224,473	$-42,744
2019	$538,909	$552,202	$300,665	$-13,293
2018	$571,087	$558,488	$247,508	$12,599