CONNECTICUT RENAISSANCE FUND INC (EIN 222756052) - 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

Principal Officer

KATHLEEN DESCHENES

Phone

2033365225

Tax Period

2024-07-01 to 2025-06-30

CONNECTICUT RENAISSANCE FUND INC is a small nonprofit in the Community Improvement sector that reported $355K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $683K exceeded revenue, resulting in a 92% operating deficit.

Mission

RENTAL PROP. TO 501C(3) ORGANIZATION

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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 $0

Program Service Revenue $353,455

Investment Income $1,939

Other Revenue $0

TOTAL REVENUE $355,394

Expense Breakdown

Grants Paid $500,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $674,136

Other Expenses $183,027

TOTAL EXPENSES $683,027

Year-over-Year Comparison

	2024	2023	Change
Revenue	$355,394	$381,004	-0.1%
Expenses	$683,027	$132,802	+4.1%
Net Income	$-327,633	$248,202	-2.3%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FELICIA MCKOY	DIRECTOR	N/A	Director	$0	$0	$0
ALECIA ANDREWS	SECRETARY	N/A	Officer	$0	$0	$0
KATHRYN ARROYO	TREASURER	N/A	Officer	$0	$0	$0
DEBORAH CLANCY	PRESIDENT	N/A	Officer	$0	$0	$0
MARLENE DEBELLIS	VICE PRESIDE	N/A	Officer	$0	$0	$0
KATHLEEN DESCHENES	CHIEF EXEC.	N/A	Officer	$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	$355,394	$683,027	$2,572,445	$-327,633
2024	$381,004	$132,802	$2,993,973	$248,202
2023	$198,370	$48,951	$1,892,570	$149,419
2022	$202,876	$84,338	$1,775,570	$118,538
2021	$253,767	$68,475	$1,686,349	$185,292
2020	$254,295	$211,339	$1,533,811	$42,956
2019	$256,973	$613,818	$1,538,018	$-356,845
2018	$237,330	$186,077	$1,999,574	$51,253

CONNECTICUT RENAISSANCE FUND INC