CAAD FOUNDATION INC (EIN 460945771) - 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

2012

Principal Officer

FRED BALSAMO

Phone

2032501111

Tax Period

2023-07-01 to 2024-06-30

CAAD FOUNDATION INC, founded in 2012, is a small nonprofit in the Education sector that reported $192K in total revenue in fiscal year 2023. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $135K, a strong 70% operating margin.

Mission

MAITAIN AND PROMOTE HIGH SCHOOL PROGRAMS IN SCHOOLS THAT ARE MEMBERS OF THE CONNECTICUT ASSOCIATION OF SCHOOLS THAT WILL ENCOURGA ETHE WIDEST POSSIBLE STUDENT PARTICIPATION WITH THE HIGHEST POSSIBLE STANDARDS.

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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 $0

Program Service Revenue $132,591

Investment Income $10,300

Other Revenue $48,842

TOTAL REVENUE $191,733

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,960

Other Expenses $57,031

TOTAL EXPENSES $57,031

Year-over-Year Comparison

	2023	2022	Change
Revenue	$191,733	$125,775	+0.5%
Expenses	$57,031	$49,814	+0.1%
Net Income	$134,702	$75,961	+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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED BALSAMO	PRESIDENT	2.00	Officer	$0	$0	$0
KEN MARCUCIO	TREASURER	2.00	Officer	$0	$0	$0
TRISH WITKIN	SECRETARY	2.00	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
2025	No data	No data	No data	No data
2024	$191,733	$57,031	$987,504	$134,702
2021	$79,426	$16,298	$707,407	$63,128
2019	$98,976	$48,131	$583,202	$50,845

CAAD FOUNDATION INC