GUILFORD A BETTER CHANCE INC

EIN: 237417687 501(c)(3) Human Services

GUILFORD, CT

Total Revenue
$582,645
Total Expenses
$519,002
Total Assets
$1,334,906
Net Assets
$1,325,472
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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
CT
Principal Officer
MARK MACKOWIAK
Phone
2034533994
Tax Period
2022-07-01 to 2023-06-30

GUILFORD A BETTER CHANCE INC, founded in 1973, is a small nonprofit in the Human Services sector that reported $583K in total revenue in fiscal year 2022. Expenses of $519K left a modest 11% surplus.

Mission

GUILFORD ABC IS A LIFE-CHANGING PROGRAM THAT OFFERS ACADEMICALLY GIFTED GIRLS OF COLOR THE OPPORTUNITY TO ATTEND GUILFORD HIGH SCHOOL, LIVE IN A CARING COMMUNITY SURROUNDED BY A STRONG PROFESSIONAL SUPPORT TEAM, AND REALIZE THEIR INDIVIDUAL POTENTIAL. THESE YOUNG WOMEN, CHOSEN FROM MANY APPLICANTS TO THE NATIONAL ABC PROGRAM, COME FROM UNDER-REPRESENTED COMMUNITIES WHERE THEY LACK ACCESS TO QUALITY EDUCATIONAL EXPERIENCES. OUR PROGRAM'S PRIMARY MISSION IS TO PROVIDE THESE SCHOLARS WITH A BETTER CHANCE TO EXCEL IN HIGH SCHOOL, ATTEND A QUALITY COLLEGE OR UNIVERSITY, AND LEAD A FULFILLING PERSONAL AND PROFESSIONAL LIFE.GUILFORD ABC, WHICH OPENED ITS DOORS IN 1974, WAS ONE OF THE VERY FIRST COMMUNITY-BASED ABC PROGRAMS IN THE NATION. SINCE ITS INCEPTION, GUILFORD ABC HAS SENT MORE THAN 55 YOUNG WOMEN ON TO COLLEGES AND UNIVERSITIES IN THE COUNTRY, MANY OF THEM ON FULL ACADEMIC SCHOLARSHIPS. GIVEN THEIR ACHIEVEMENTS, MANY OF THESE GUILFORD ABC GRADUATES HAVE BECOME REAL-LIFE ROLE MODELS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $401,168
Program Service Revenue $0
Investment Income $11,813
Other Revenue $169,664
TOTAL REVENUE $582,645

Expense Breakdown

Grants Paid $0
Salaries & Benefits $182,482
Fundraising Expenses $16,302
Program Expenses $485,895
Other Expenses $336,520
TOTAL EXPENSES $519,002

Year-over-Year Comparison

2022 2021 Change
Revenue $582,645 $571,939 +0.0%
Expenses $519,002 $465,961 +0.1%
Net Income $63,643 $105,978 -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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Governance

Voting Members
24
Independent Members
24
Employees
12
Volunteers
38

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
5
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLENE BLAKE BOARD MEMBER 1.00
Director
$0 $0 $0
JULIA CHAFFE BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGIA COSGROVE BOARD MEMBER 1.00
Director
$0 $0 $0
MARY COSGROVE BOARD MEMBER 1.00
Director
$0 $0 $0
MELISSA DAYTON BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTA FLOREA BOARD MEMBER 1.00
Director
$0 $0 $0
ABBY GOODMAN BOARD MEMBER 1.00
Director
$0 $0 $0
LORI HARRIS BOARD MEMBER 1.00
Director
$0 $0 $0
DANI HOWARD BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL HYRB BOARD MEMBER 1.00
Director
$0 $0 $0
EILEEN LIMONCELLI BOARD MEMBER 1.00
Director
$0 $0 $0
ELISA MILANO BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTINA POWELL BOARD MEMBER 1.00
Director
$0 $0 $0
SARA SESSIONS BOARD MEMBER 1.00
Director
$0 $0 $0
JENNY SCHAFFER BOARD MEMBER 1.00
Director
$0 $0 $0
ANN STREET BOARD MEMBER 1.00
Director
$0 $0 $0
MELONIE SWAN BOARD MEMBER 1.00
Director
$0 $0 $0
CORINNE WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF ZEITLIN BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA BERKOWITZ GILBERT CO-PRESIDENT 20.00
Officer
$0 $0 $0
JUDY WRIGHT CO-PRESIDENT 20.00
Officer
$0 $0 $0
NANCY PATTON VICE-PRESIDENT 2.00
Officer
$0 $0 $0
CHRISTINE DOKKO SECRETARY 4.00
Officer
$0 $0 $0
MARK MACKOWIAK TREASURER 2.00
Officer
$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 No data No data No data No data
2023 $582,645 $519,002 $1,334,906 $63,643
2022 $571,939 $465,961 $1,218,847 $105,978
2021 $422,473 $367,058 $1,320,222 $55,415
2020 $433,191 $366,043 $1,168,167 $67,148
2019 $485,413 $492,869 $1,068,209 $-7,456
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