TPhilanthropy, Voluntarism & GrantmakingEIN: 061565733· Ruling Year: 2000

Northwest Connecticut Community Foundation Inc

Torrington, Connecticut

AHealth Score
87A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org16.45×
Peer Median15.61×
💰
$11.9M
Total Revenue
📊
$6.8M
Total Expenses
🏦
$111.9M
Net Assets
📋
$29.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-22.2%
Year-over-year change (2022 → 2023)
Net Margin
+42.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
16.45
Net assets divided by total expenses
Liabilities-to-Assets
21.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$11,882,45822%$6,799,7635%$141,690,59413%
2022$15,274,37753%$6,473,3622%$124,859,4638%
2021$9,989,66823%$6,347,97417%$136,137,19911%
2020$8,121,45273%$5,421,26520%$122,635,35213%
2019$4,704,03931%$6,812,80865%$108,649,50912%
2018$6,784,7726%$4,135,9922%$96,887,2938%
2017$7,205,24572%$4,208,43926%$104,782,71718%
2016$4,201,18830%$3,328,70620%$89,064,7998%
2015$5,987,181$4,153,5547%$82,774,8111%
2014$5,991,93433%$3,873,5956%$81,795,3309%
2013$4,521,70179%$3,652,77146%$75,305,67213%
2012$21,461,51731%$2,500,21498%$66,684,33151%
2011$31,180,048$1,260,826$44,032,403

Frequently Asked Questions

What does Northwest Connecticut Community Foundation Inc do?

Northwest Connecticut Community Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Connecticut. It is classified under NTEE code T31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northwest Connecticut Community Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Northwest Connecticut Community Foundation Inc has a score of 87/100 (Grade: A). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Northwest Connecticut Community Foundation Inc generate?

Northwest Connecticut Community Foundation Inc reports $7.6M in annual revenue and holds $154.5M in total assets, based on IRS filings.

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