BLOOMFIELD, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TAKE CHARGE TOTAL WELLNESS FOUNDATION INC, founded in 2020, is a micro nonprofit in the Education sector that reported $11K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $19K exceeded revenue, resulting in a 75% operating deficit.
THE MISSION OF THE TAKE CHARGE TOTAL WELLNESS FOUNDATION, INC. (TCTW) IS TO INCREASE THE FINANCIAL LITERACY AND WELL-BEING OF MULTIPLE GENERATIONS IN MINORITY AND OTHER UNDERSERVED COMMUNITIES. TCTW UNITES A GROWING BODY OF FINANCIAL PROFESSIONALS, FROM MULTIPLE DISCIPLINES, TO COME ALONGSIDE PEOPLE IN THEIR COMMUNITIES IN A QUEST TO RAISE THE LEVEL OF FINANCIAL LITERACY OF THE UNDERSERVED. SIMULTANEOUSLY, THESE PROFESSIONALS WILL IDENTIFY SERVICE-ORIENTED YOUNG PEOPLE WHO WISH TO ENTER THE FINANCIAL SERVICES INDUSTRY AND ASSIST IN THEIR ENRICHMENT. FEELINGS OF HELPLESSNESS, PASSIVITY AND MISTRUST MUST BE OVERCOME BY A CAN-DO, TAKE CHARGE ATTITUDE, KNOWLEDGE, AND CONFIDENCE THAT A BETTER PATH IS SET BEFORE ME!
EACH EDUCATION FORUM, WHICH IS FREE TO ATTEND, IS DESIGNED TO REFLECT THE REAL-LIFE FINANCIAL ISSUES THE MEMBERS OF THE COMMUNITY FACE, AND OFFERS EXPERT GUIDANCE FROM WITHIN THE COMMUNITY TO DEAL...
EACH EDUCATION FORUM, WHICH IS FREE TO ATTEND, IS DESIGNED TO REFLECT THE REAL-LIFE FINANCIAL ISSUES THE MEMBERS OF THE COMMUNITY FACE, AND OFFERS EXPERT GUIDANCE FROM WITHIN THE COMMUNITY TO DEAL WITH THEM.LOCAL FINANCIAL PROFESSIONALS, INCLUDING FINANCIAL PLANNERS, LAWYERS, ACCOUNTANTS, WILL ADDRESS THE FINANCIAL CHALLENGES THAT MANY OF US WILL TACKLE AT VARIOUS POINTS IN OUR LIVES. THE FORMAT WILL FOSTER INTERACTION AMONG THE PANELISTS, THE MODERATOR, AND THE AUDIENCE AS THEY ANSWER A WIDE VARIETY OF QUESTIONS AND TACKLE TOPICS INCLUDING BUT NOT LIMITED TO:WHAT IS THE FIRST THING A PARENT SHOULD DO WHEN A CHILD TURNS 18?HOW DO YOU FINANCE EDUCATION, MANAGE STUDENT LOAN DEBT?HOW DO YOU STOP THE CYCLE OF LIVING PAYCHECK TO PAYCHECK?WHAT THINGS SHOULD BE IN PLACE WHEN A COUPLE STARTS A FAMILY?HOW DO YOU GET OUT OF DEBT AND START SAVING FOR RETIREMENT?WHEN IS THE RIGHT TIME TO COLLECT SOCIAL SECURITY?
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $11,048 | $25,223 | -0.6% |
| Expenses | $19,312 | $13,756 | +0.4% |
| Net Income | $-8,264 | $11,467 | -1.7% |
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 |
|---|---|---|---|---|---|---|
| ELVIN TURNER | PRESIDENT | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALFRED TURCO | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRENDEN HEALY | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN BALDWIN | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH FRACK | DIRECTOR | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $11,048 | $19,312 | $11,286 | $-8,264 |
| 2022 | $25,223 | $13,756 | $19,550 | $11,467 |
| 2020 | $6,700 | $12 | $6,688 | $6,688 |
Compare TAKE CHARGE TOTAL WELLNESS FOUNDATION INC with other nonprofits in Connecticut and across the country.