The significant drop in reported revenue to $0 in 2022, followed by a return to typical levels, warrants further investigation into the cause of this anomaly.
The organization's net assets have shown some fluctuation but remain relatively low compared to its revenue, suggesting most funds are expended annually.
Strengths
Consistent revenue generation over multiple years demonstrates a stable funding base.
The absence of executive compensation indicates efficient use of funds directly towards the mission.
Low administrative and fundraising costs (implied by $0 compensation and asset levels) suggest a lean operational structure.
Spending Breakdown
How Connecticut Regional Convention Committee Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Regional Convention Committee Inc
Is Connecticut Regional Convention Committee Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Connecticut Regional Convention Committee Inc (EIN: 222976073) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Connecticut Regional Convention Committee Inc a good charity to donate to?
Connecticut Regional Convention Committee Inc has a Mission Score of 65/100. Revenue: $54K. Assets: $35K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Connecticut Regional Convention Committee Inc?
The Employer Identification Number (EIN) for Connecticut Regional Convention Committee Inc is 222976073. 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 Regional Convention Committee Inc spend its money?
Connecticut Regional Convention Committee Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Connecticut Regional Convention Committee Inc's tax-exempt status?
You can verify Connecticut Regional Convention Committee Inc's tax-exempt status using EIN 222976073 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 Regional Convention Committee Inc is a unknown nonprofit based in Hamden, Connecticut, with reported revenue of $54K and assets of $35K. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting a fully volunteer-led operational model. Revenue has declined -24% across 14 filing periods.