GROTON, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THAMES RIVER INNOVATION PLACES INC, founded in 2018, is a small nonprofit in the Environment sector that reported $298K in total revenue in fiscal year 2021. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $397K exceeded revenue, resulting in a 33% operating deficit.
THAMES RIVER INNOVATION PLACE BUILDS PROSPERITY IN THE THAMES RIVER REGION THROUGH AUTHENTIC INNOVATION, COLLABORATION AND DIVERSE PARTNERSHIPS. OUR GROUP IS AN UNPRECEDENTED ALLIANCE OF PUBLIC, PRIVATE, AND NONPROFIT SECTORS IN THE COMMUNITIES OF NEW LONDON AND GROTON IN SOUTHEASTERN CONNECTICUT. MAJOR INSTITUTIONS ARE COLLABORATING TO DESIGN A BLUEPRINT FOR THE FUTURE OF OUR COMMUNITIES THAT INTEGRATES EXISTING PLANS AN PROJECTS WITH NEW IDEAS THAT LEVERAGE AND ENHANCE ALL THAT IS UNIQUES ABOUT THIS PLACE AT THE MOUTH OF TE THAMES RIVER. THAMES RIVER INNOVATION IS SUPPORTED BY CTNEXT.
NAVAL MARITIME CONSORTIUM NMC - TRIP'S FIRST PROGRAM TO "SPIN-OUT- AND BECOME ITS OWN ENTITY (501-C3). THE NMC IS AN ACTIVE NETWORK OF MEMBER COMPANIES, COMMUNITY PARTNERS, AND OEMS THAT COLLECTIVELY...
NAVAL MARITIME CONSORTIUM NMC - TRIP'S FIRST PROGRAM TO "SPIN-OUT- AND BECOME ITS OWN ENTITY (501-C3). THE NMC IS AN ACTIVE NETWORK OF MEMBER COMPANIES, COMMUNITY PARTNERS, AND OEMS THAT COLLECTIVELY ADDRESSES CHALLENGES, SHARES SOLUTIONS, AND COLLABORATES TO DEVELOP OPPORTUNITIES WITHIN THE GROWING BLUE TECH INDUSTRIAL SECTOR. OUR PROGRAMS AND GOALS FOCUS ON NAVAL SUBMARINE SHIPBUILDING AND OFFSHORE WIND SUPPLY CHAINS WITHIN AND AROUND NEW ENGLAND.
SPARK MAKERSPACE IS A 501 (C)(3) NON-PROFIT CORPORATION THAT SUPPORTS MAKERS WITH THE SPACE, EQUIPMENT, EDUCATION, AND COMMUNITY TO CREATE A SPARK IN THEIR CREATIVITY. THEIR GOAL IS TO BE A VIBRANT...
SPARK MAKERSPACE IS A 501 (C)(3) NON-PROFIT CORPORATION THAT SUPPORTS MAKERS WITH THE SPACE, EQUIPMENT, EDUCATION, AND COMMUNITY TO CREATE A SPARK IN THEIR CREATIVITY. THEIR GOAL IS TO BE A VIBRANT COMMUNITY HUB FOR MAKING, CREATIVITY, AND COLLABORATION IN SOUTHEASTERN CT.DURING FYE 6/30/21, TRIP SUPPORTED SPARK BY ALLOWING THEM TO COMPLETE THEIR RENOVATIONS.
WBDC BLUE-STREAM - THE BLUE STREAM PROGRAM HELPS TO SUPPORT ENTREPRENEURIAL AMBITIONS OF THOSE WHO RELOCATE AND FOR WHOM TRADITIONAL JOBS DO NOT PROVIDE AN EFFECTIVE PROFESSIONAL TRAJECTORY BY...
WBDC BLUE-STREAM - THE BLUE STREAM PROGRAM HELPS TO SUPPORT ENTREPRENEURIAL AMBITIONS OF THOSE WHO RELOCATE AND FOR WHOM TRADITIONAL JOBS DO NOT PROVIDE AN EFFECTIVE PROFESSIONAL TRAJECTORY BY OFFERING GROUP TRAINING SESSIONS AND INDIVIDUALIZED COACHING LED BY WBDC BUSINESS ADVISORS, AS WELL AS MICROGRANT PROGRAMS TO INVEST IN BUSINESS CREATION AND CAPITAL NECESSITIES. CURRENT CLIENTS INCLUDE SPOUSES OF SERVICE MEMBERS AND EMPLOYEES OF THE DEPARTMENTS OF DEFENSE AND HOMELAND SECURITY, AND GENERAL DYNAMICS.AFTER A SUCCESSFUL SIX-MONTH PILOT PROGRAM, THE WBDC RECEIVED SECOND-PHASE FUNDING FROM TRIP TO CONTINUE ITS BLUE STREAM PROGRAM, A CUSTOMIZED TRAINING PROGRAM FOR MILITARY SPOUSES AND ENTREPRENEURS RELOCATING TO CONNECTICUT.
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)| 2021 | 2020 | Change | |
|---|---|---|---|
| Revenue | $297,873 | $393,663 | -0.2% |
| Expenses | $396,887 | $606,987 | -0.3% |
| Net Income | $-99,014 | $-213,324 | -0.5% |
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 |
|---|---|---|---|---|---|---|
| ELIZABETH PASQUALINI | EXECUTIVE DI | 40.00 |
Director
|
$49,583 | $0 | $49,583 |
| KIMBERLY KELLY | PRESIDENT | 10.00 |
Officer
|
$14,500 | $0 | $14,500 |
| SUSAN ADAMS | DIRECTOR | 10.00 |
Director
|
$0 | $0 | $0 |
| MATTHEW GILLEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTEN HARKNESS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIE CLAIRE PEAKMAN | DIRECTOR | 4.00 |
Director
|
$0 | $0 | $0 |
| ROBERT VOLDKMANN PHD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID STEUBER | EX OFFICIO | 1.00 |
Director
|
$0 | $0 | $0 |
| PAIGE BRONK | SECRETARY | 4.00 |
Officer
|
$0 | $0 | $0 |
| CIERRA PATRICK | VICE-PRESIDE | 4.00 |
Officer
|
$0 | $0 | $0 |
| MARY ANNE ROOKE | TREASURER | 4.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2022 | $297,873 | $396,887 | $126,042 | $-99,014 |
| 2021 | $393,663 | $606,987 | $232,391 | $-213,324 |
| 2020 | $694,093 | $444,737 | $469,468 | $249,356 |
| 2019 | $1,468,718 | $1,285,279 | $487,277 | $183,439 |
Compare THAMES RIVER INNOVATION PLACES INC with other nonprofits in Connecticut and across the country.