Norwich, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Thames River Community Service Inc, founded in 1982, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year.
The Mission of Thames River Community Service, Inc. is to provide safe housing with support services by creating an environment in which families and individuals who experience homelessness pursue goals for self-sufficiency and control over their lives. This mission is accomplished by promoting family and individual wellness, by empowering people to develop an achievable plan for successful independent living, to pursue significant employment, to acquire life skills and to maintain stability.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,297,295 | $1,526,325 | -0.2% |
| Expenses | $1,327,480 | $1,241,838 | +0.1% |
| Net Income | $-30,185 | $284,487 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| MICHAEL J VAZ | Executive Dir. | 40.00 |
Officer
|
$89,669 | $0 | $89,669 |
| DEBBIE ESKRA | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERIC MCCERMOTT | PAST PRES | 1.00 |
Director
|
$0 | $0 | $0 |
| DONNA CECCARELLI | Treasurer | 1.00 |
Director
|
$0 | $0 | $0 |
| SHEILA COLEMAN | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATTHEW LISEE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| GAYLE O'NEILL | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT FUSARI | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| LEANNE LAROSE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| KEITH LEE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| ZACHARY DENOVELLIS | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| BO E JACARUSO | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,297,295 | $1,327,480 | $1,662,150 | $-30,185 |
| 2024 | $1,526,325 | $1,241,838 | $1,453,807 | $284,487 |
| 2023 | $995,128 | $1,078,584 | $1,313,286 | $-83,456 |
| 2022 | $1,018,811 | $1,038,700 | $1,117,118 | $-19,889 |
| 2021 | $922,054 | $960,397 | $1,263,794 | $-38,343 |
| 2020 | $913,861 | $903,854 | $1,231,899 | $10,007 |
| 2019 | $761,216 | $841,948 | $1,241,781 | $-80,732 |
| 2018 | $800,151 | $834,009 | $1,235,194 | $-33,858 |
Compare Thames River Community Service Inc with other nonprofits in Connecticut and across the country.