Connecticut Society of Professional Journalists Foundation Inc

Nonprofit profile at a glance

EIN
222892838
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024
Location
Woodbridge, CT, USA
Phone
2039803779
Rating
87
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$2,338
Expenses
$7,682
Assets
$159,575
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • MARTHA SHANAHAN (PRESIDENT)
  • CHANDRA BOZELKO (PAST PRESIDENT)
  • VIKTORIA SUNDQVIST (VICE PRESIDENT PROGRAMMING)
  • LINDSAY BOYLE (VICE PRESIDENT COMMUNICATIONS)

People named in this filing

  • MARTHA SHANAHAN (PRESIDENT)
  • CHANDRA BOZELKO (PAST PRESIDENT)
  • VIKTORIA SUNDQVIST (VICE PRESIDENT PROGRAMMING)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

See statement 2

What it reported doing in 2024

Provide funding support of scholarships to the Connecticut society of professional journalists.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 78% of its reported program spending out as grants.

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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -228.6%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 20.77; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: -7.4% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: -0.1% per year; rating input score 0; 38th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $8K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.