BBB FOUNDATION OF CONNECTICUT INC (EIN 352582386) - 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

2016

Legal Domicile

Principal Officer

JACLYN J MACKNIGHT

Phone

8607404500

Tax Period

2024-01-01 to 2024-12-31

BBB FOUNDATION OF CONNECTICUT INC, founded in 2016, is a small nonprofit in the Unknown sector that reported $227K in total revenue in fiscal year 2024. Expenses of $214K left a modest 6% surplus.

Mission

THE ORGANIZATION EMPOWERS AND INFORMS CONSUMERS AND BUSINESSES ACROSS THE STATE THROUGH IMPACTFUL EDUCATION, INFORMATION, AND RESOURCES ON ETHICAL BUSINESS PRACTICES AND MARKETPLACE ISSUES. THE FOUNDATION PROVIDES CRITICAL PROGRAMMING FOR VULNERABLE POPULATIONS-INCLUDING MILITARY FAMILIES, VETERANS, SENIORS, ENTREPRENEURS, YOUTH, AND MORE-ADDRESSING FINANCIAL FRAUD AWARENESS, RESPONSIBLE DECISION-MAKING, AND MARKETPLACE ETHICS."

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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 (2024)

Revenue Breakdown

Contributions & Grants $225,892

Program Service Revenue $0

Investment Income $0

Other Revenue $1,086

TOTAL REVENUE $226,978

Expense Breakdown

Grants Paid $0

Salaries & Benefits $106,945

Fundraising Expenses $0

Program Expenses $214,347

Other Expenses $107,402

TOTAL EXPENSES $214,347

Year-over-Year Comparison

	2024	2023	Change
Revenue	$226,978	$219,717	+0.0%
Expenses	$214,347	$212,629	+0.0%
Net Income	$12,631	$7,088	+0.8%

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

$328,478

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HIRAM GANDIA TORRES	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA COYNE-GILBERT	DIRECTOR	1.00	Director	$0	$0	$0
VERONICA HUMMEL	DIRECTOR	1.00	Director	$0	$0	$0
CPT ROBIN FELDER	DIRECTOR	1.00	Director	$0	$0	$0
LUCIE VOVES	DIRECTOR	1.00	Director	$0	$0	$0
STUART PHILLIPS	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SIPPIN	DIRECTOR	1.00	Director	$0	$0	$0
PAULETTE SCARPETTI	PRESIDENT	4.00	Officer	$0	$19,440	$328,478
MARIA CAMPOS-HARLOW	CHAIRMAN OF THE BOARD	1.00	Officer	$0	$0	$0
JOE PAJOR	TREASURER	1.00	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
2024	$226,978	$214,347	$37,989	$12,631
2023	$219,717	$212,629	$25,358	$7,088

BBB FOUNDATION OF CONNECTICUT INC