CONNECTICUT COUNCIL FOR PHILANTHROPY (EIN 237024016) - 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

1969

Principal Officer

KARLA FORTUNATO

Phone

8605255585

Tax Period

2023-01-01 to 2023-12-31

CONNECTICUT COUNCIL FOR PHILANTHROPY, founded in 1969, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $1.7M left a modest 7% surplus.

Mission

THE CONNECTICUT COUNCIL FOR PHILANTHROPY IS AN ASSOCIATION OF GRANTMAKERS COMMITTED TO PROMOTING AND SUPPORTING EFFECTIVE PHILANTHROPY FOR THE PUBLIC GOOD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,636,933

Program Service Revenue $145,979

Investment Income $53

Other Revenue $0

TOTAL REVENUE $1,782,965

Expense Breakdown

Grants Paid $992,671

Salaries & Benefits $489,389

Fundraising Expenses $54,819

Program Expenses $1,469,987

Other Expenses $175,076

TOTAL EXPENSES $1,657,136

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,782,965	$1,471,486	+0.2%
Expenses	$1,657,136	$1,376,589	+0.2%
Net Income	$125,829	$94,897	+0.3%

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

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

$179,449

Total Directors

$179,449

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARLA FORTUNATO	PRESIDENT	40.00	Officer Director	$170,562	$8,887	$179,449
TIFFANY DONELSON	CHAIR	1.00	Officer Director	$0	$0	$0
LAURA MCCARGAR	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LAUREN PATTERSON	SECRETARY	1.00	Officer Director	$0	$0	$0
MARY KAY CURTISS	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID ADDAMS	DIRECTOR	1.00	Director	$0	$0	$0
LEON BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
ELYSA GORDON	DIRECTOR	1.00	Director	$0	$0	$0
NANCY HEATON	DIRECTOR	1.00	Director	$0	$0	$0
JILL HUTENSKY	DIRECTOR	1.00	Director	$0	$0	$0
TORAL MAHER	DIRECTOR	1.00	Director	$0	$0	$0
NORA MORENO	DIRECTOR	1.00	Director	$0	$0	$0
ELAINE MINTZ	DIRECTOR	1.00	Director	$0	$0	$0
DIANE SIERPINA	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
DELIA ARELLANO- WEDDLETON	DIRECTOR	1.00	Director	$0	$0	$0
BETTY SUGERMAN WEINTRAUB	DIRECTOR	1.00	Director	$0	$0	$0
SARAN WHITE	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	No data	No data	No data	No data
2023	$1,782,965	$1,657,136	$2,470,818	$125,829
2022	$1,471,486	$1,376,589	$1,904,299	$94,897
2021	$1,897,197	$1,719,786	$1,740,665	$177,411
2021	$1,897,197	$1,719,786	$1,740,665	$177,411
2020	$724,863	$624,545	$1,206,085	$100,318
2019	$789,307	$720,764	$947,566	$68,543
2018	$745,717	$680,414	$925,323	$65,303

CONNECTICUT COUNCIL FOR PHILANTHROPY