Is Connecticut Community Bankers Association Legit?

Quick charity verification for Connecticut Community Bankers Association (EIN: 223050651)

Verdict: Connecticut Community Bankers Association shows mixed signals

45/100Mission Score
$272KRevenue
$305KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Connecticut Community Bankers Association allocates its funds across programs, administration, and fundraising.

20%
Program Spending
Concerning — less than half to programs
50%
Admin Costs
High — over 25% on administration
30%
Fundraising
Above average fundraising costs
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 Community Bankers Association

Is Connecticut Community Bankers Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Connecticut Community Bankers Association (EIN: 223050651) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.

Is Connecticut Community Bankers Association a good charity to donate to?

Connecticut Community Bankers Association has a Mission Score of 45/100. Revenue: $272K. Assets: $305K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Connecticut Community Bankers Association?

The Employer Identification Number (EIN) for Connecticut Community Bankers Association is 223050651. 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 Community Bankers Association spend its money?

Connecticut Community Bankers Association allocates 20% to programs, 50% to administration, and 30% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Connecticut Community Bankers Association's tax-exempt status?

You can verify Connecticut Community Bankers Association's tax-exempt status using EIN 223050651 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 Community Bankers Association is a unknown nonprofit based in Glastonbury, Connecticut, with reported revenue of $272K and assets of $305K. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 20% of spending goes to programs, 50% to administration, and 30% to fundraising. Executive compensation cannot be assessed from the provided data as no specific compensation figures for executives are listed in the filings. Revenue has remained stable -5% across 12 filing periods.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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