LHousing & ShelterEIN: 831054554· Ruling Year: 2019

Connecticut Foundation Solutions Indemnity Company Inc

Ashford, Connecticut

FHealth Score
21F

Financial Health Score

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

Critical

How This Organization Compares

Compared to 3 peers in Housing & Shelter with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org-1.00×
Peer Median12.01×
💰
$26.1M
Total Revenue
📊
$32.6M
Total Expenses
🏦
-$32.7M
Net Assets
📋
$67.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.8%
Year-over-year change (2022 → 2023)
Net Margin
-24.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.00
Net assets divided by total expenses
Liabilities-to-Assets
193.5%
Total liabilities as % of total assets

Filing History

5 filings on record
YearRevenueExpensesAssets
2023$26,081,07020%$32,584,71227%$34,929,8912%
2022$32,520,3636%$25,711,6266418%$35,771,14017%
2021$30,748,7981%-$406,947101%$30,509,0494%
2020$31,034,35823%$42,014,28755%$31,915,4871%
2019$40,269,622$92,774,450$32,102,125

Frequently Asked Questions

What does Connecticut Foundation Solutions Indemnity Company Inc do?

Connecticut Foundation Solutions Indemnity Company Inc is a housing & shelter nonprofit organization based in Connecticut. It is classified under NTEE code L80 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Connecticut Foundation Solutions Indemnity Company Inc financially healthy?

Based on our 9-metric Financial Health Score model, Connecticut Foundation Solutions Indemnity Company Inc has a score of 21/100 (Grade: F). 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 Connecticut Foundation Solutions Indemnity Company Inc generate?

Connecticut Foundation Solutions Indemnity Company Inc reports $38.3M in annual revenue and holds $45.2M in total assets, based on IRS filings.

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