Stonington Village Improvement Assoc Inc
Nonprofit profile at a glance
- EIN
- 061259940
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990 2024, Form 990-EZ 2025
- Location
- Stonington, CT, USA
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $111,279
- Expenses
- $91,320
- Assets
- $366,239
- Liabilities
- $1,873
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- Stephanie Ferguson (Vice President)
- Brandon Watson (President)
People named in this filing
- Jaime Lewis (Director)
- Keith Bienkowski (Director)
- Jonathan Shockley (Director)
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
To promote and assist the development of parks, playgrounds, trees, shrubs and gardens, public buildings and historical shrines in the Village of Stonington; to promote literary, cultural and educational uses of its properties, which are suited for those purposes; to promote the common good and general welfare of the people of the community; to bring about civic betterments and social improvements; to buy, rent, build, hold and sell real and other property as may be necessary for their purposes; and to accumulate funds for these purposes.
What it reported doing in 2025
The Stonington Village Tree Lighting Ceremony and Holiday Stroll start in front of the Stonington Free Library in Wadawanuck Square on the first Friday in December at 5:30 PM. Every year, the SVIA sponsors a tree lighting ceremony in Wadawanuck Square (with generous help from the Stonington Free Library and the Stonington Borough Merchants Association) that includes a community carol sing and a special visit by Santa. For many years, community carolers have led the gathering in singing Christmas Carols - everyone is welcome to join in! Immediately following the lighting of the tree is the annual Holiday Stroll down Water Street, where local merchants keep their shops open late and welcome visitors. They also compete for best window decorations as part of Borough A-Glow! The SVIA also places lights and seasonal decorations in front of the Library, around Cannon Square, and on the viaduct.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 72
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64%; rating input score 64
- Program expense ratio: 78%; rating input score 78
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 17.9%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 4.01; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 1% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: -0.7% per year; rating input score 0; 24th percentile among comparable filings
Details
- Where the money goes: 64% of revenue deployed · 78% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $71K in reported program spending
- Leadership: top reported pay $0 · 18 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.