PRESCHOOL AT SECOND CONGREGATIONAL CHURCH

EIN: 261522371 501(c)(3)

GREENWICH, CT

Total Revenue
$1,159,551
Total Expenses
$1,270,443
Total Assets
$2,112,419
Net Assets
$1,151,242
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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
2008
Legal Domicile
CT
Principal Officer
ALESSANDRA PARELLI
Phone
2038698388
Tax Period
2023-07-01 to 2024-06-30

PRESCHOOL AT SECOND CONGREGATIONAL CHURCH, founded in 2008, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

THE PRESHOOL MISSION IS PROVIDE EDUCTATION, LEARNING,AND FUN ACTIVITES FOR PRESCHOOL CHILDREN RANGING IN AGE FROM 2 TO 5 YEARS

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,240
Program Service Revenue $1,155,200
Investment Income $111
Other Revenue $0
TOTAL REVENUE $1,159,551

Expense Breakdown

Grants Paid $0
Salaries & Benefits $956,878
Fundraising Expenses $0
Program Expenses $1,066,469
Other Expenses $313,565
TOTAL EXPENSES $1,270,443

Year-over-Year Comparison

2023 2022 Change
Revenue $1,159,551 $1,065,631 +0.1%
Expenses $1,270,443 $1,168,149 +0.1%
Net Income $-110,892 $-102,518 +0.1%
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
2
Independent Members
2
Employees
14
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALESSANDRA PARELLI PRESIDENT 40.00
Officer Director
$0 $0 $0
ANNA MAY GRUSEKE SECRETARY / TREASURER 40.00
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 $1,159,551 $1,270,443 $2,112,419 $-110,892
2023 $1,065,631 $1,168,149 $2,126,360 $-102,518
2022 $1,149,170 $1,034,572 $1,971,579 $114,598
2021 $1,028,362 $874,704 $1,816,418 $153,658
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