NEW BRITAIN ROOTS INC (EIN 464350118) - 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

2013

Legal Domicile

Principal Officer

Joseph Listro

Phone

8602594290

Tax Period

2024-01-01 to 2024-12-31

NEW BRITAIN ROOTS INC, founded in 2013, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $430K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum.

Mission

ROOTS is a community-engaged 501(c)(3) non-profit dedicated to promoting food security and agricultural education in K-12 programs. We make healthy food accessible and affordable to low-income families. We work with Connecticut farmers, food artisans and healthy food advocates. We learn from, work with, and teach with people of all ages. ROOTS provides farmers' market outreach programs, increasing the consumption of healthy and locally grown produce for our low income neighbors and builds school and community gardens in New Britain.

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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 $348,161

Program Service Revenue $78,325

Investment Income $3,836

Other Revenue $0

TOTAL REVENUE $430,322

Expense Breakdown

Grants Paid $0

Salaries & Benefits $258,176

Fundraising Expenses $6,495

Program Expenses $277,815

Other Expenses $183,213

TOTAL EXPENSES $441,389

Year-over-Year Comparison

	2024	2023	Change
Revenue	$430,322	$290,839	+0.5%
Expenses	$441,389	$314,710	+0.4%
Net Income	$-11,067	$-23,871	-0.5%

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

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
Joseph Listro	Executive Director	40	Highest	$60,115	$0	$60,115
Megan Hourigan	Director	2	Director	$0	$0	$0
Miranda Velez	Treasurer	2	Director	$0	$0	$0
Yvette Ghannam	Secretary	2	Director	$0	$0	$0
Deborah Kowaleski	Director	2	Director	$0	$0	$0
Hanna Petrisko	Director	2	Director	$0	$0	$0
Nic Tedesco	Chair	2	Director	$0	$0	$0
Craig Schmitt	Director	2	Director	$0	$0	$0
Stanley Dombrowski	Director	2	Director	$0	$0	$0
Mya Tillman	Director	2	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	$430,322	$441,389	$162,373	$-11,067
2023	$290,839	$314,710	$180,160	$-23,871
2022	$283,336	$251,385	$206,168	$31,951
2021	$364,568	$314,844	$180,211	$49,724
2020	$298,226	$196,496	$111,286	$101,730

NEW BRITAIN ROOTS INC