MISS CONNECTICUT SCHOLARSHIP ORGANIZATION INC

EIN: 811769805 501(c)(3)

Bristol, CT

Total Revenue
$185,069
Total Expenses
$203,701
Total Assets
$16,949
Net Assets
$16,949
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CT
Principal Officer
Nakiya Troth
Phone
2033437384
Tax Period
2018-01-01 to 2018-12-31

MISS CONNECTICUT SCHOLARSHIP ORGANIZATION INC, founded in 2016, is a small nonprofit that reported $185K in total revenue in fiscal year 2018. Revenue decreased 14% compared to the prior year. Expenses of $204K exceeded revenue, resulting in a 10% operating deficit.

Mission

The Miss Connecticut Scholarship Organization is a non-profit organization that awards scholarships to outstanding young women to help advance them academically and professionally. Participants have gone on to achieve major success in diverse fields including medicine, law, business, broadcast journalism, theater, politics, literature and more. The Miss Connecticut Competition is an official preliminary of the Miss America Competition, the nation's leading achievement program and the world's largest provider of scholarship assistance to young women. Participation in this program provides young women with the opportunity to promote a platforms of community service, share their talents, intelligence, and positive values while serving as role models in their communities, all with the support of dedicated volunteers assisting them in their pursuit of academic excellence, service and lifelong success.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $73,547
Program Service Revenue $89,978
Investment Income $0
Other Revenue $21,544
TOTAL REVENUE $185,069

Expense Breakdown

Grants Paid $18,618
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $95,646
Other Expenses $185,083
TOTAL EXPENSES $203,701

Year-over-Year Comparison

2018 2017 Change
Revenue $185,069 $214,691 -0.1%
Expenses $203,701 $183,399 +0.1%
Net Income $-18,632 $31,292 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
50

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
0
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nakiya Troth Executive Director 10
Director
$0 $0 $0
Melissa Durso Vice President 5
Director
$0 $0 $0
Kristen Fruchtenicht Secretary 10
Director
$0 $0 $0
Justin Farnham Treasurer 5
Director
$0 $0 $0
Kim Taglia President 10
Director
$0 $0 $0
EJ Jamele Creative Director 5
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
2018 $185,069 $203,701 $16,949 $-18,632
2017 $214,691 $183,399 $35,581 $31,292
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