CONNECTICUT TOWN CLERKS ASSOCIATIO… - Form 990 Financial Data

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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

1971

Legal Domicile

Principal Officer

JOANN DOYLE

Phone

8606323440

Tax Period

2024-05-01 to 2025-04-30

CONNECTICUT TOWN CLERKS ASSOCIATIONINC, founded in 1971, is a small nonprofit that reported $210K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $37K, a strong 18% operating margin.

Mission

EDUCATIONAL CONFERENCES/WORKSHOPS

Program Service Accomplishments

Program 1

Expenses: $158,366 Revenue: $178,056

THE CONNECICUT TOWN CLERKS ASSOCIATION, INC. CONDUCTS EDUCATIONAL CONFERENCES AND WORKSHOPS DESIGNED TO IMPROVE THE STANDARDS OF PRACTICE OF THE TOWN CLERK OFFICES. SUBJECTS INCLUDE LAND RECORDS...

THE CONNECICUT TOWN CLERKS ASSOCIATION, INC. CONDUCTS EDUCATIONAL CONFERENCES AND WORKSHOPS DESIGNED TO IMPROVE THE STANDARDS OF PRACTICE OF THE TOWN CLERK OFFICES. SUBJECTS INCLUDE LAND RECORDS, RECORDS MANAGEMENT, PARLIMENTARY PROCEDURES, ELECTION AND TIME MANAGEMENT.

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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 $31,715

Program Service Revenue $177,096

Investment Income $4

Other Revenue $960

TOTAL REVENUE $209,775

Expense Breakdown

Grants Paid $4,750

Salaries & Benefits $1,400

Fundraising Expenses $0

Program Expenses $158,366

Other Expenses $166,809

TOTAL EXPENSES $172,959

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,775	$222,173	-0.1%
Expenses	$172,959	$176,762	0.0%
Net Income	$36,816	$45,411	-0.2%

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

$1,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANN DOYLE	TREASURER	4.00	Officer	$700	$0	$700
KATIE HARING	SECRETARY	4.00	Officer	$700	$0	$700

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	$209,775	$172,959	$363,708	$36,816
2024	$222,173	$176,762	$322,524	$45,411
2023	$211,955	$180,661	$279,008	$31,294

CONNECTICUT TOWN CLERKS ASSOCIATIONINC