CHILDRENS FUND OF CONNECTICUT INC Charity Report

Public IRS 990 nonprofit record

CHILDRENS FUND OF CONNECTICUT INC

EIN 06-1364513 · Fund Raising & Fund Distribution - Health - General and Rehabilitative (E12)

What they do

THE CHILDRENS FUND of CONNECTICUT, A PUBLIC CHARITABLE FOUNDATION, PRIOR to ITS DISSOLUTION, WAS DEDICATED to ENSURING THAT CHILDREN IN CONNECTICUT HAVE A STRONG START IN LIFE WITH ONGOING SUPPORTS to PROMOTE THEIR OPTIMAL HEALTH and WELL-BEING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $79.30 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

7.50%of revenue went to mission work79.3% of expenses · Program services

$9.47spent for every $100 of revenueRevenue covered expenses this year.

1.96%of revenue went to management and office costs20.7% of expenses

0.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $232,987 for JIM SHMERLING (BOARD MEMBER/CCMC PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,133,647

Mission workProgram services$835,3187.50% of revenue79.3% of expenses

ManagementOffice and general costs$218,6071.96% of revenue20.7% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$10,079,72290.53% of revenueShown in gray on the chart

Total expenses$1,053,9259.47% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2020CurrentExpense mix: 79.3% mission · 20.7% management · 0.0% fundraisingTotal expenses: 9.47% of revenue

2019Expense mix: 82.4% mission · 17.6% management · 0.0% fundraisingTotal expenses: 132.43% of revenue

2018Expense mix: 81.3% mission · 18.7% management · 0.0% fundraisingTotal expenses: 124.60% of revenue

2017Expense mix: 79.2% mission · 20.8% management · 0.0% fundraisingTotal expenses: 104.43% of revenue

2016Expense mix: 84.2% mission · 15.8% management · 0.0% fundraisingTotal expenses: 127.94% of revenue

2015Expense mix: 85.0% mission · 15.0% management · 0.0% fundraisingTotal expenses: 215.09% of revenue

Money in and money out

Revenue$11,133,647

Expenses$1,053,925

Annual surplus $10,079,722 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$835,318 · 79.3% of expenses

Management and office costs$218,607 · 20.7% of expenses

See all reported dollar amounts

Revenue$11,133,647

Expenses$1,053,925

Income$13,124,042

Contributions$500

Mission work (program services)$835,318

Grants given$6,016,198

Average grant$214,864

Management and general$218,607

Stocks and bonds$34,667,225

Accounting fees$10,500

Investing fees$75,885

People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JIM SHMERLINGBOARD MEMBER/CCMC PRESIDENT $232,987Base · Other $232,987

MOSES VARGASSECRETARY/CCMC VP & GENL COUNSEL $87,431Base · Other $87,431

BRIDGETT FEAGINTREASURER $65,970Base · Other $65,970

AIMEE MONROY SMITHBOARD MEMBER $59,047Base · Other $59,047

GIL PERICHAIR/CCMC PRESIDENT & COO $47,633Base · Other $47,633

ALYSSA BENNETTBOARD MEMBER/CCMC DIV HEAD $47,256Base · Other $47,256

JEFFREY J VANDERPLOEGPRESIDENT $45,269Base · Other $45,269

PAUL SUTERVP FOR FINANCE & OPERATIONS · 8 hrs/week $44,994Base · Other $44,994

GLENN FOCHTBOARD MEMBER/CCMC PRESIDENT $15,007Base · Other $15,007

CYNTHIA FITZGERALDBOARD MEMBER $6,904Base · Other $6,904

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

JIM SHMERLINGBOARD MEMBER/CCMC PRESIDENT

MOSES VARGASSECRETARY/CCMC VP & GENL COUNSEL

BRIDGETT FEAGINTREASURER

AIMEE MONROY SMITHBOARD MEMBER

GIL PERICHAIR/CCMC PRESIDENT & COO

ALYSSA BENNETTBOARD MEMBER/CCMC DIV HEAD

JEFFREY J VANDERPLOEGPRESIDENT

PAUL SUTERVP FOR FINANCE & OPERATIONS

GLENN FOCHTBOARD MEMBER/CCMC PRESIDENT

CYNTHIA FITZGERALDBOARD MEMBER

GALO RODRIGUEZBOARD MEMBER

DOROTHY LEVINEBOARD MEMBER AS OF 12/2020

JEN CARROLLBOARD MEMBER

KEN SPIEGELMANBOARD MEMBER

MARGARET GREY1ST VICE CHAIR

CHARLENE RUSSELL-TUCKERBOARD MEMBER UNTIL 12/2020

ANDY AGWUNOBIBOARD MEMBER

WIZDOM POWELLBOARD MEMBER AS OF 12/2020

About this charity

Location: 270 FARMINGTON AVE NO 367, FARMINGTON, CT 06032
County: Hartford
In care of: PAUL SUTER
Primary officer: PAUL SUTER, VP FOR FINANCE & OPERATIONS

How to reach them

Phone(860) 679-1533

Filing and classification

Latest tax year: 2020
Tax period began: October 1, 2020
Return type: 990
Tax preparer: BAKER TILLY US LLP
NTEE classification: Fund Raising & Fund Distribution - Health - General and Rehabilitative (E12)
IRS tax category: Fund Raising & Fund Distribution
Grant-giving organization: Yes