Is Connecticut Coalition For Achievement Now Inc Legit?
Quick charity verification for Connecticut Coalition For Achievement Now Inc (EIN: 201612161)
Verdict: Connecticut Coalition For Achievement Now Inc has notable concerns
20/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Drastic decline to $0 revenue and expenses in 2019, indicating cessation of operations.
Consistent negative net income (expenses exceeding revenue) in several years (e.g., 2015-2018), leading to asset depletion.
Significant reduction in assets from $2.7 million in 2014 to $397,649 in 2019.
Strengths
Consistent 0% officer compensation reported across all filings, indicating no executive pay from the organization.
Spending Breakdown
How Connecticut Coalition For Achievement Now Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Connecticut Coalition For Achievement Now Inc
Is Connecticut Coalition For Achievement Now Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Connecticut Coalition For Achievement Now Inc (EIN: 201612161) has notable concerns. Mission Score: 20/100. 3 red flags identified, 1 strength noted.
Is Connecticut Coalition For Achievement Now Inc a good charity to donate to?
Connecticut Coalition For Achievement Now Inc has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Connecticut Coalition For Achievement Now Inc?
The Employer Identification Number (EIN) for Connecticut Coalition For Achievement Now Inc is 201612161. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Connecticut Coalition For Achievement Now Inc spend its money?
Connecticut Coalition For Achievement Now Inc allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Connecticut Coalition For Achievement Now Inc's tax-exempt status?
You can verify Connecticut Coalition For Achievement Now Inc's tax-exempt status using EIN 201612161 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Connecticut Coalition For Achievement Now Inc (ConnCAN) exhibits a concerning financial trend, with a significant decline in revenue and assets over the past several years. After peaking in revenue at nearly $3 million in 2011 and 2012, the organization's revenue dropped to $68,180 in 2018 and then to $0 in 2019. Similarly, assets have plummeted from a high of $2.7 million in 2014 to $397,649 in 2019. This indicates a substantial reduction in operations and financial capacity.
The organization consistently reported 0% officer compensation across all available filings, which is a positive indicator for minimizing administrative overhead related to executive pay. However, the drastic reduction in financial activity, culminating in zero revenue and expenses in 2019, raises questions about the organization's current operational status and future viability. While the lack of officer compensation suggests good stewardship in that area, the overall financial trajectory points to significant challenges in sustaining its mission.
Given the sharp decline in financial activity and the current state of zero revenue and expenses, the organization's spending efficiency is difficult to assess in recent years. For periods with substantial activity (e.g., 2015-2017), expenses often exceeded revenue, leading to a depletion of assets. The lack of detailed expense breakdowns in the provided data prevents a granular analysis of program versus administrative spending, which is a transparency limitation.