Parsonage Cottage Home for the Agedinc

Nonprofit profile at a glance

EIN
911849936
IRS 990-EZ coverage
2023–2025
Forms available
Form 990 2014, Form 990-EZ 2025, Form 990-N 2022
Location
Greenwich, CT, USA
Phone
2038696226
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Senior Citizens' Housing/Retirement Communities

Reported finances

Revenue
$42,517
Expenses
$65,558
Assets
$275,238
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

People named in this filing

  • RICHARD DIPRETA (CHAIRMAN)
  • HOWARD DUNCAN (TREASURER)
  • ANTHONY CICCHETTI (BOARD MEMBER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's mission is to support the well-being of the residents of parsonage cottage and to promote the financial welfare of parsonage cottage. We seek to help provide a comfortable safe home for the elderly at parsonage cottage. We support the staff as they provide personalized service and care to the residents. We promote the staff's efforts to foster maximum independence and to promote individuality amongst all the residents. We help the staff encourage residents to participate in all activities of daily living. We are committed to respecting the residents' choices, their dignity and their privacy.

What it reported doing in 2025

Parsonage cottage home for the aged inc. Provided funds in 2025 to improve the comfort and lifestyle of the residents of parsonage cottage. Included was the purchase of a new van to transport the residents. Also included were outings to the theatre and other services provided within the facility.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 89% 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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 100
  • Sustainability: 44
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 82.5%; rating input score 83

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -54.2%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 4.2; rating input score 81; 81st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -42.9% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -1.1% per year; rating input score 0; 45th percentile among comparable filings
  • Asset growth: -8.7% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 82.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $54K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.