FRIENDS OF NATHANIEL WITHERELL INC

EIN: 223934788 501(c)(3) Public Safety

GREENWICH, CT

Total Revenue
$300,929
Total Expenses
$360,297
Total Assets
$675,959
Net Assets
$675,959
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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
2004
Legal Domicile
CT
Principal Officer
JEFF ALDRICH
Phone
2036184227
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF NATHANIEL WITHERELL INC, founded in 2004, is a small nonprofit in the Public Safety sector that reported $301K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $360K exceeded revenue, resulting in a 20% operating deficit.

Mission

FRIENDS OF NATHANIEL WITHERELL IS A NOT-FOR-PROFIT ORGANIZATION COMMITTED TO RAISING FUNDS IN SUPPORT OF THE NATHANIEL WITHERELL, THE SKILLED NURSING AND SHORT TERM REHABILITATION CENTER OWNED AND OPERATED BY THE TOWN OF GREENWICH, CT AND OTHERWISE ENHANCING THE QUALITY OF LIFE FOR NATHANIEL WITHERELL RESIDENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $258,024
Program Service Revenue $0
Investment Income $33,390
Other Revenue $9,515
TOTAL REVENUE $300,929

Expense Breakdown

Grants Paid $0
Salaries & Benefits $213,183
Fundraising Expenses $143,015
Program Expenses $148,521
Other Expenses $147,114
TOTAL EXPENSES $360,297

Year-over-Year Comparison

2024 2023 Change
Revenue $300,929 $209,461 +0.4%
Expenses $360,297 $230,139 +0.6%
Net Income $-59,368 $-20,678 +1.9%
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

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Governance

Voting Members
8
Independent Members
8
Employees
3
Volunteers
100

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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY ALDRICH CHAIRMAN 20.00
Officer Director
$0 $0 $0
MICHAEL GUIDO TREASURER 15.00
Officer Director
$0 $0 $0
ELIZABETH KRUMEICH SECRETARY 3.00
Officer Director
$0 $0 $0
DEBRA MCLAUGHLIN BOARD MEMBER 5.00
Director
$0 $0 $0
BLAISE PUNTURO BOARD MEMBER 3.00
Director
$0 $0 $0
BRAD MARKOWITZ CHAIRMAN BOARD OF DIRECTORS EX OFFICIO 1.00
Director
$0 $0 $0
JOHN MASTRONARDI EX OFFICIO BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTOPHER RUNGE BOARD MEMBER (RESIGNED IN 9/17/25 10.00
Director
$0 $0 $0
JOHN SPANG JR BOARD MEMBER 9.00
Director
$0 $0 $0
SARAH VAN LEEUWEN BOARD MEMBER 5.00
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 $300,929 $360,297 $675,959 $-59,368
2024 No data No data No data No data
2023 $348,988 $269,969 $747,175 $79,019
2022 $223,080 $319,867 $668,626 $-96,787
2022 $223,080 $319,867 $668,626 $-96,787
2021 $329,463 $262,077 $768,481 $67,386
2020 $300,322 $272,850 $700,489 $27,472
2020 $300,322 $272,850 $700,489 $27,472
2019 $310,229 $332,576 $672,167 $-22,347
2018 $277,628 $475,460 $693,897 $-197,832
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