Norwalk, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Horizons at CT State Norwalk Inc, founded in 2016, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $567K, a strong 44% operating margin.
Horizons at CT State Norwalk, Inc. is a proud affiliate of a 30 year old organization, Horizons National, a network of 71 student enrichment programs located at independent schools and college campuses across the country.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,293,811 | $695,402 | +0.9% |
| Expenses | $726,922 | $683,987 | +0.1% |
| Net Income | $566,889 | $11,415 | +48.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| David Spezzano | Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Joanna Williams | Member | 10.00 |
Director
|
$0 | $0 | $0 |
| July Carvajal | Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Maria Hedus | Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Laurie Maglathlin | Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Eleanor Davidson | Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Charlotte Lamb | Secretary | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Karen McKeel Calby | Vice Chair | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Cheryl DeVonish | Ex-officio | 3.00 |
Director
|
$0 | $0 | $0 |
| Blake Drexler | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mackie Spadaccini | Chair | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dr Norman Weinberger | Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Tyler Drexler | Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Sabrina Desruisseaux | Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Lauren Duchene | Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Mark Taglia | Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Tricia Dudley | Member | 3.00 |
Director
|
$0 | $0 | $0 |
| Renee Rosenbluh | Exec Director | 40.00 |
Officer
|
$105,646 | $5,418 | $111,064 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,293,811 | $726,922 | $1,708,913 | $566,889 |
| 2024 | $695,402 | $683,987 | $1,153,520 | $11,415 |
| 2023 | $678,835 | $640,212 | $1,144,073 | $38,623 |
| 2022 | $840,112 | $587,086 | $1,116,437 | $253,026 |
| 2021 | $666,852 | $537,056 | $945,798 | $129,796 |
| 2020 | $498,210 | $344,894 | $796,820 | $153,316 |
| 2018 | $477,979 | $297,737 | $740,147 | $180,242 |
Compare Horizons at CT State Norwalk Inc with other nonprofits in Connecticut and across the country.