Thames Valley Council for Community Action Inc
Overview
Mission
To increase self sufficiency and economic security for low income individuals and families in eastern Connecticut through a broad spectrum of community based collaborations, promoting community awareness and providing comprehensive, quality services
What it reported doing in 2024
Children's programs classroom and home based child development and training services for families and their children aged 0-4, sliding scale fee day care for infants - age 10 (total 835 clients), nutrition education and food supplement to pregnant, postpartum, and breastfeeding women and their children under age 5 (5,286 clients)
Operating model
- Revenue model
- Grant-funded. 92% of the money available for current operations came from government grants.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 060806128
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Headquarters
- Jewett City, CT, USA
- Phone
- 8608891365
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community Service Clubs
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 83
- Accountability: 95
- Sustainability: 26
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.7%; rating input score 98
- Program expense ratio: 96.3%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 2 of 6 controls in place; rating input score 33
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1.4%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.34; rating input score 9; 9th percentile among comparable filings
- Liabilities to assets ratio: 0.67; rating input score 19; 19th percentile among comparable filings
- Officer compensation ratio: 1.3%; rating input score 83; 83rd percentile among comparable filings
Growth
- Program expense growth: 6.3% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 28th percentile among comparable filings
- Asset growth: 0.6% per year; rating input score 100; 12th percentile among comparable filings
Details
- Where the money goes: 97.7% of revenue deployed · 96.3% of spending went to programs
- Governance: 19 of 19 board members independent · 8 of 9 filing controls reported
- Programs: 5 filed program accomplishments · $38.6M in reported program spending
- Leadership: top reported pay $198K · 27 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $763K reported
- Consistency: 34 of 34 current checks pass
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 14 annual filings from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
27 people listed
Highest reported compensation
- JOSHUA KELLY (CEO): $198,167 total reported compensation
- BRIAN VANASSE (CHIEF FINANCIAL OFFICER): $190,970 total reported compensation
- JAY CONOLLY (CHIEF HUMAN RESOURCE OFFICER): $123,074 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.