THE NEAR AND FAR ASSOCIATION INC

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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

1946

Legal Domicile

Principal Officer

JOANNE MASON

Phone

2032592727

Tax Period

2023-07-01 to 2024-06-30

THE NEAR AND FAR ASSOCIATION INC, founded in 1946, is a community nonprofit in the Community Improvement sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.1M left a modest 10% surplus.

Mission

THE NEAR & FAR AID ASSOCIATION, INC., AN ALL-VOLUNTEER FUNDRAISING AND FUND GRANTING ORGANIZATION, IS DEDICATED TO ELIMINATING THE CAUSES AND EFFECTS OF POVERTY IN FAIRFIELD COUNTY. IT ACCOMPLISHES ITS MISSION BY FINDING AND FUNDING PROGRAMS THAT PROVIDE LIFE'S MOST BASIC NECESSITIES, AS WELL AS THOSE THAT SEEK TO ACHIEVE LASTING CHANGE.

Program Service Accomplishments

Program 1

Expenses: $1,088,500

PROVIDED MONETARY ASSISTANCE TO NON-PROFIT AGENCIES WHOSE PRIMARY PURPOSE IS TO HELP THOSE WHO LIVE IN POVERTY.

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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 $874,904

Program Service Revenue $0

Investment Income $75,853

Other Revenue $325,172

TOTAL REVENUE $1,275,929

Expense Breakdown

Grants Paid $1,088,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,088,500

Other Expenses $56,305

TOTAL EXPENSES $1,144,805

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,275,929	$1,319,650	0.0%
Expenses	$1,144,805	$1,114,030	+0.0%
Net Income	$131,124	$205,620	-0.4%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EMILY GORDON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGIA ADAMS	TREASURER	5.00	Officer Director	$0	$0	$0
ELIZABETH BECHTOLD	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
KAREN MITCHELL	IMMEDIATE PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
JOAN PANAGOS	GRANT REVIEW CHAIR	1.00	Officer Director	$0	$0	$0
KATIE DRESCH	GRANT REVIEW CHAIR	1.00	Officer Director	$0	$0	$0
LAUREN KELLY WEISS	DIRECTOR	1.00	Director	$0	$0	$0
LESLEY O'CONNELL	DIRECTOR	1.00	Director	$0	$0	$0
LISA ALBENZE	DIRECTOR	1.00	Director	$0	$0	$0
ROSE THOMAS	ADVISORY DIRECTOR	1.00	Director	$0	$0	$0
KAT POWERS	DIRECTOR	1.00	Director	$0	$0	$0
SHARON KLAMMER	ADVISORY DIRECTOR	1.00	Director	$0	$0	$0
SARAH MATTHEWS	DIRECTOR	1.00	Director	$0	$0	$0
LINDSAY MULDOON	DIRECTOR	1.00	Director	$0	$0	$0
SAMIRA CWANEK	DIRECTOR	1.00	Director	$0	$0	$0
NANCY GAULT	DIRECTOR	1.00	Director	$0	$0	$0
JACI PICARILLO	DIRECTOR	1.00	Director	$0	$0	$0
ELORA SWEEDLER	DIRECTOR	1.00	Director	$0	$0	$0
KIM MEIER	DEVELOPMENT CO-CHAIR	1.00	Officer Director	$0	$0	$0
SUZANNE JESSE	DEVELOPMENT CO-CHAIR	1.00	Officer Director	$0	$0	$0
KELLY SCINTO	CO-PRESIDENT	5.00	Officer Director	$0	$0	$0
JOANNE MASON	CO-PRESIDENT	5.00	Officer Director	$0	$0	$0
MINDEE BLANCO	ASSISTANT TREASURER	1.00	Officer 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	No data	No data	No data	No data
2024	$1,275,929	$1,144,805	$1,910,597	$131,124
2023	$1,319,650	$1,114,030	$1,790,965	$205,620
2022	$1,267,320	$1,086,890	$1,559,883	$180,430
2021	$859,496	$1,154,175	$1,405,759	$-294,679
2019	$1,160,684	$1,141,434	$1,818,408	$19,250