INFORMCT INC

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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

2011

Legal Domicile

Principal Officer

MICHELLE RIORDAN-NOLD

Phone

8609379056

Tax Period

2023-01-01 to 2023-12-31

INFORMCT INC, founded in 2011, is a community nonprofit in the Public & Societal Benefit sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum.

Mission

INFORMCT, INC. (THE "ORGANIZATION") IS A CONNECTICUT NOT-FOR-PROFIT ORGANIZATION. THE ORGANIZATION IS A PUBLIC-PRIVATE PARTNERSHIP WITH A MISSION TO CONNECT DATA AND PEOPLE TO PROMOTE INFORMED DECISION-MAKING AND TO ADVANCE EQUITY IN CONNECTICUT. THROUGH ITS CONNECTICUT DATA COLLABORATIVE, INFORMCT PROVIDES ACCESS TO AND USE OF ACCURATE, TRANSPARENT, OPEN AND SHARE DATA FOR IMPROVED POLICY AND DECISION-MAKING. ANOTHER CORE FOCUS INCLUDES BUILDING THE DATA CAPACITY AND SKILLS OF THE NON-PROFIT SECTOR THROUGH WORKSHOPS, CTDATA STRATEGIC PLANNING, AND A COMMUNITY OF PRACTICE. IN ADDITION, THE CONNECTICUT DATA COLLABORATIVE IS BUILDING LOCAL INTEGRATED DATA SYSTEMS.

Program Service Accomplishments

Program 1

Expenses: $1,548,064

THE PRIMARY PROGRAM ACTIVITY WAS THE CONNECTICUT DATA COLLABORATIVE (CTDATA). STRIVING FOR INFORMED DECISION-MAKING ACROSS CONNECTICUT, CTDATA EMPOWERS AN ECOSYSTEM OF DATA USERS BY DEMOCRATIZING...

THE PRIMARY PROGRAM ACTIVITY WAS THE CONNECTICUT DATA COLLABORATIVE (CTDATA). STRIVING FOR INFORMED DECISION-MAKING ACROSS CONNECTICUT, CTDATA EMPOWERS AN ECOSYSTEM OF DATA USERS BY DEMOCRATIZING ACCESS TO PUBLIC DATA AND BUILDING DATA LITERACY. CTDATA PROVIDES A FREE PUBLIC WEBSITE FOR THE PUBLIC TO ACCESS AND USE PUBLIC DATA. THE ORGANIZATION ALSO ENGAGES IN EDUCATIONAL AND RESEARCH ACTIVITIES DIRECTED TOWARD BUILDING DATA CAPACITY WITHIN ORGANIZATIONS ACROSS CONNECTICUT. THE CONNECTICUT DATA COLLABORATIVE IS ALSO THE DESIGNATED CENSUS STATE DATA CENTER.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,638,411

Program Service Revenue $0

Investment Income $9,839

Other Revenue $0

TOTAL REVENUE $1,648,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,217,910

Fundraising Expenses $0

Program Expenses $1,548,064

Other Expenses $381,553

TOTAL EXPENSES $1,599,463

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,648,250	$1,194,217	+0.4%
Expenses	$1,599,463	$1,057,918	+0.5%
Net Income	$48,787	$136,299	-0.6%

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

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

$148,630

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE RIORDAN-NOLD	EXECUTIVE DI	40.00	Officer	$142,952	$5,678	$148,630
CHRISTOPHER BRECHLIN	BOARD MEMBER	N/A	Director	$0	$0	$0
TYLER KLEYKAMP	BOARD MEMBER	N/A	Director	$0	$0	$0
RACHEL LEVENTHAL-WEINER	BOARD MEMBER	N/A	Director	$0	$0	$0
PATRICIA MCLAUGHLIN	SECRETARY	N/A	Officer Director	$0	$0	$0
DAVID NEE	BOARD CHAIR	N/A	Officer Director	$0	$0	$0
PAULA PALERMO	BOARD MEMBER	N/A	Director	$0	$0	$0
ROBERT SANTY	TREASURER	N/A	Officer Director	$0	$0	$0
BERESFORD WILSON	BOARD MEMBER	N/A	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
2024	No data	No data	No data	No data
2023	$1,648,250	$1,599,463	$1,400,999	$48,787
2022	$1,194,217	$1,057,918	$897,307	$136,299
2021	$894,183	$761,846	$755,289	$132,337
2020	$943,441	$717,794	$596,576	$225,647
2019	$781,758	$583,903	$741,989	$197,855