TROUT UNLIMITED MIANUS CHAPTER

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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

1974

Legal Domicile

Principal Officer

BRADLEY HOLENSTEIN

Phone

2039668685

Tax Period

2025-04-01 to 2026-03-31

TROUT UNLIMITED MIANUS CHAPTER, founded in 1974, is a small nonprofit in the Animal-Related sector that reported $168K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $146K left a modest 13% surplus.

Mission

TO CONSERVE, PROTECT AND RESTORE NORTH AMERICA'S COLDWATER FISHERIES AND THEIR WATERSHEDS.

Program Service Accomplishments

Program 1

Expenses: $128,789

NORWALK & MIANUS RIVER IN-STREAM AND RIVER BANK RESTORATION WORK

Program 2

Expenses: $1,119

FISHING TRIPS SPONSORED TO DIFFERENT WATERWAYS

Program 3

Expenses: $3,037

YOUTH & EDUCATION PROGRAMS

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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 (2025)

Revenue Breakdown

Contributions & Grants $150,448

Program Service Revenue $0

Investment Income $92

Other Revenue $16,994

TOTAL REVENUE $167,534

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $132,945

Other Expenses $146,192

TOTAL EXPENSES $146,192

Year-over-Year Comparison

	2025	2024	Change
Revenue	$167,534	$149,220	+0.1%
Expenses	$146,192	$284,994	-0.5%
Net Income	$21,342	$-135,774	-1.2%

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
RICH THIBODEAU	PRESIDENT	4.00	Officer Director	$0	$0	$0
KEN WERNER	SECRETARY	4.00	Officer Director	$0	$0	$0
BRADLEY HOLENSTEIN	TREASURER	4.00	Officer Director	$0	$0	$0
GEORGE LEE	BOARD MEMBER	4.00	Officer Director	$0	$0	$0
TIM ARMENTA	BOARD MEMBER	4.00	Officer Director	$0	$0	$0
JEFRREY YATES	BOARD MEMBER	4.00	Officer Director	$0	$0	$0
TOM COWEN	BOARD MEMBER	4.00	Officer Director	$0	$0	$0
MILTON BUCHTA	BOARD MEMBER	4.00	Officer Director	$0	$0	$0
RICHARD KONDUB	BOARD MEMBER	4.00	Officer Director	$0	$0	$0
CARTER SIMKO	BOARD MEMBER	4.00	Officer Director	$0	$0	$0
DEAN KEISTER	BOARD MEMBER	4.00	Officer Director	$0	$0	$0
JUSTIN KRUMLAUF	BOARD MEMBER	4.00	Officer 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
2026	$167,534	$146,192	$147,540	$21,342
2025	$149,220	$284,994	$126,192	$-135,774
2024	$107,115	$172,508	$261,974	$-65,393
2023	$173,135	$120,993	$327,367	$52,142
2022	$205,564	$65,238	$275,227	$140,326