CONNECTICUT INVENTION CONVENTION (EIN 223173317) - 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

Formation Year

1992

Legal Domicile

Principal Officer

KYLE GIBBONS

Phone

8607935299

Tax Period

2024-07-01 to 2025-06-30

CONNECTICUT INVENTION CONVENTION, founded in 1992, is a small nonprofit in the Science & Technology sector that reported $988K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $922K left a modest 7% surplus.

Mission

TO PROVIDE CHILDREN OF NEW ENGLAND AND BEYOND WITH OPPORTUNITIES TO DEVELOP CRITICAL THINKING AND PROBLEM SOLVING SKILLS THROUGH INVENTION AND INNOVATION, INSTILLING THE CREATIVE SPIRIT IN STUDENTS TODAY AND FOR THE REST OF THEIR LIVES.

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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 $890,221

Program Service Revenue $58,793

Investment Income $39,117

Other Revenue $0

TOTAL REVENUE $988,131

Expense Breakdown

Grants Paid $0

Salaries & Benefits $605,477

Fundraising Expenses $3,734

Program Expenses $695,151

Other Expenses $316,364

TOTAL EXPENSES $921,841

Year-over-Year Comparison

	2024	2023	Change
Revenue	$988,131	$889,949	+0.1%
Expenses	$921,841	$757,608	+0.2%
Net Income	$66,290	$132,341	-0.5%

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

Volunteers

500

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

$185,100

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICK BRIERE	EX-OFFICIO	40.00	Officer	$183,300	$1,800	$185,100
TOREN KUTNICK	PRESIDENT	2.00	Officer Director	$0	$0	$0
JUSTIN DURELLI	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
LYNN BYERS	SECRETARY	2.00	Officer Director	$0	$0	$0
KYLE GIBBONS	TREASURER	2.00	Officer Director	$0	$0	$0
ERIC BARON	DIRECTOR	1.00	Director	$0	$0	$0
DANNY BRIERE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL CARTER	DIRECTOR	1.00	Director	$0	$0	$0
LANDON DAVID CHASE	DIRECTOR	1.00	Director	$0	$0	$0
MICHELL CIOTOLA	DIRECTOR	1.00	Director	$0	$0	$0
LEILA DANESHMANDI	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS DIMOU	DIRECTOR	1.00	Director	$0	$0	$0
TED GAWLICKI	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
MJ KIEVMAN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS KUSELIAS	DIRECTOR	1.00	Director	$0	$0	$0
ADAM PARKS	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANY SANTOS	DIRECTOR	1.00	Director	$0	$0	$0
AMY YURY STICKLE	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
2025	$988,131	$921,841	$1,208,542	$66,290
2024	$889,949	$757,608	$1,176,093	$132,341
2023	$713,983	$569,548	$919,699	$144,435
2022	$691,437	$418,474	$786,925	$272,963
2021	$522,682	$342,020	$478,112	$180,662
2020	$325,964	$256,939	$266,838	$69,025
2019	$458,187	$381,873	$173,140	$76,314

CONNECTICUT INVENTION CONVENTION