CONNECTICUT STREET ROD ASSOCIATION

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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

1967

Legal Domicile

Principal Officer

RONALD SANGIOVANNI

Phone

2034942686

Tax Period

2024-01-01 to 2024-12-31

CONNECTICUT STREET ROD ASSOCIATION, founded in 1967, is a small nonprofit that reported $160K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Expenses of $177K exceeded revenue, resulting in a 11% operating deficit.

Mission

DEDICATED TO EDUCATING AND PRESERVING OUR AUTOMOBILE HERITAGE

Program Service Accomplishments

Program 1

Expenses: $53,145 Revenue: $31,404

SWAP MEETS AND CAR SHOWS-TO PROMOTE ANTIQUE CARS & ASSEMBLE LIKE INTEREST PARTIES. TO ASSIST IN PROMOTION OF OTHER NONPROFIT ORGANIZATIONS BY FUND RAISERS WITH LIKE ENTHUSIASTS OF ANTIQUE STREET CARS.

Program 2

Expenses: $112,812

MEMBER ACTIVITIES SUCH AS AWARDS BANQUET, REUNION OF MEMBERS, SUMMER PICNIC, ETC. TO PROMOTE SOCIAL INTERACTION AMONG CLUB MEMBERS.

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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 $31,404

Investment Income $29,493

Other Revenue $98,938

TOTAL REVENUE $159,835

Expense Breakdown

Grants Paid $5,923

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $165,957

Other Expenses $171,022

TOTAL EXPENSES $176,945

Year-over-Year Comparison

	2024	2023	Change
Revenue	$159,835	$180,885	-0.1%
Expenses	$176,945	$166,168	+0.1%
Net Income	$-17,110	$14,717	-2.2%

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
RONALD SANGIOVANNI	PRESIDENT	4.00	Officer Director	$0	$0	$0
DENNIS DAGLIERE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS LAMBERT	TREASURER	20.00	Officer Director	$0	$0	$0
PAUL BUCCHERI	SECRETARY	1.00	Officer Director	$0	$0	$0
FELIX CAMPAGNUOLO	DIRECTOR	1.00	Director	$0	$0	$0
ARMAND COUTURE	DIRECTOR	1.00	Director	$0	$0	$0
PAT D'AGOSTINO	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GODUTI	DIRECTOR	1.00	Director	$0	$0	$0
HANS SCHWERS	DIRECTOR	1.00	Director	$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
2024	$159,835	$176,945	$1,000,134	$-17,110
2023	$180,885	$166,168	$1,017,244	$14,717
2022	$161,329	$187,917	$1,002,527	$-26,588
2021	$197,471	$135,484	$1,394,524	$61,987
2020	$88,687	$100,009	$1,332,537	$-11,322
2019	$204,455	$195,247	$1,343,859	$9,208
2018	$232,623	$190,005	$1,334,651	$42,618