NEW BRITAIN, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CCARC FOUNDATION INC, founded in 2006, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $91K in total revenue in fiscal year 2024. Revenue surged 357% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 53% operating margin.
OUR MISSION IS TO SUPPORT THE PROGRAMS AND GOALS OF CCARC, INC.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $90,568 | $19,808 | +3.6% |
| Expenses | $42,740 | $424,024 | -0.9% |
| Net Income | $47,828 | $-404,216 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ANDREAS KAPETANOPOULOS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN CUTLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CATHY VACCHELLI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES BOOS | OUTGOING DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DONNA RUTOLA | OUTGOING DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GREGORY STAFSTROM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JACK ISSAC | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LINDSLEY WELLMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LYNN RICCI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY JEAN AGOSTINI | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MELISSA GAGNE | IMMEDIATE PAST PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHAEL CARRIER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| PAUL DOMINOV | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PAUL SALINA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT BOOS | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LINDA IOVANNA | CEO | 2.00 |
Officer
|
$0 | $32,826 | $255,145 |
| ZAIDA SOTO BAHAMONDE | SENIOR VICE PRESIDENT FINANCE | 4.00 |
Officer
|
$0 | $15,355 | $128,676 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $90,568 | $42,740 | $3,539,690 | $47,828 |
| 2024 | No data | No data | No data | No data |
| 2023 | $43,262 | $27,260 | $3,154,612 | $16,002 |
| 2022 | $127,901 | $26,449 | $2,930,704 | $101,452 |
| 2021 | $136,899 | $69,751 | $1,775,313 | $67,148 |
| 2020 | $140,711 | $53,604 | $1,486,210 | $87,107 |
| 2019 | $126,521 | $56,439 | $1,469,400 | $70,082 |
| 2018 | $53,926 | $16,386 | $1,367,525 | $37,540 |
Compare CCARC FOUNDATION INC with other nonprofits in Connecticut and across the country.