Newtown, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Newtown Parent Connection Inc, founded in 2004, is a small nonprofit in the Education sector that reported $265K in total revenue in fiscal year 2024. Revenue surged 96% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62K, a strong 23% operating margin.
NEWTOWN PARENT CONNECTION, INC. IS A GRASSROOTS ORGANIZATION ESTABLISHED BY CONCERNED PARENTS AND OTHER INFORMED CITIZENS OF NEWTOWN, CONNECTICUT TO ADDRESS THE PROBLEM OF SUBSTANCE USE AND ABUSE AMONG YOUNG PEOPLE IN THE COMMUNITY. ITS PRIMARY PURPOSE IS TO PROVIDE INFORMATIVE AND PREVENTATIVE EDUCATION ON THE SUBJECTS OF LEGAL AND ILLEGAL SUBSTANCE USE/ABUSE, AND IMPLEMENTING POSITIVE PARENTING SKILLS TO THE COMMUNITY AS WELL AS PROVIDING HELP AND SUPPORT FOR THOSE IN NEED. NEWTOWN PARENT CONNECTION, INC. WORKS IN CONJUNCTION WITH TOWN AGENCIES, THE POLICE DEPARTMENT, THE SCHOOLS, AND RELIGIOUS COMMUNITIES TO EDUCATE THE COMMUNITY IN ORDER TO PREVENT THE USE OF DRUGS AND ALCOHOL AMONG THE YOUTH. NEWTOWN PARENT CONNECTION, INC. HOLDS PUBLIC FORUMS WITH PROFESSIONAL GUEST SPEAKERS ON THE SUBJECT OF SUBSTANCE ABUSE. THE MAJOR SOURCES OF REVENUE ARE DONATIONS AND FUND-RAISING. THE MAJOR SOURCES OF EXPENSES ARE PROGRAM AND MARKETING EXPENSES. NEWTOWN PARENT CONNECTION, INC. IS A NON-PROFI
During the year the organization conducted several community events to raise the awareness of substance use and abuse among young people. There were three community forums attended by approximately...
During the year the organization conducted several community events to raise the awareness of substance use and abuse among young people. There were three community forums attended by approximately 1,000 people for all forums. The forums covered various topics related to substance use and abuse. The organization also collaborated with other town and school organizations to provide various programs meeting the same goals. Additionally, approximately 300 people were served through various outreach programs run by the organization including support group meetings and telephone support.
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 | $265,273 | $135,137 | +1.0% |
| Expenses | $203,364 | $141,520 | +0.4% |
| Net Income | $61,909 | $-6,383 | -10.7% |
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 |
|---|---|---|---|---|---|---|
| Dorrie Carolan | Executive Director | 25.0 |
Officer
Director
|
$70,000 | $0 | $70,000 |
| Gene Vetrano | President | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Ken Rodbell | Vice President | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| David Cooper | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| MAGGIE CONWAY | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| Matthew Briand | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Lillian Martensen | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Kathy Moonan | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Daniel Rosenthal | Director | 1.0 |
Director
|
$0 | $0 | $0 |
| Frank Crudo | Treasurer | 1.0 |
Officer
|
$0 | $0 | $0 |
| Kevin Carolan | Secretary | 1.0 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $265,273 | $203,364 | $290,658 | $61,909 |
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