Quick charity verification for Connection Fund Inc (EIN: 110017051)
Verdict: Connection Fund Inc appears trustworthy
75/100Mission Score
$11.5MRevenue
$14.9MAssets
2Red Flags
3Strengths
Red Flags
Significant asset decrease from $18.25M in 2022 to $9.42M in 2023 without clear explanation in summary data.
Consistent 0% officer compensation for an organization with over $9M in annual expenses is unusual and may indicate compensation is reported elsewhere or a unique operational model.
Strengths
Consistent operational scale with annual revenues and expenses around $9-10 million over a decade, indicating stability.
No reported officer compensation across all filings, which could be a strong indicator of efficient use of funds if executives are truly unpaid volunteers.
Maintains a positive net asset position, even with fluctuations, demonstrating financial solvency.
Spending Breakdown
How Connection Fund Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Connection Fund Inc
Is Connection Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Connection Fund Inc (EIN: 110017051) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Connection Fund Inc a good charity to donate to?
Connection Fund Inc has a Mission Score of 75/100. Revenue: $11.5M. Assets: $14.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Connection Fund Inc?
The Employer Identification Number (EIN) for Connection Fund Inc is 110017051. 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 Connection Fund Inc spend its money?
Connection Fund Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Connection Fund Inc's tax-exempt status?
You can verify Connection Fund Inc's tax-exempt status using EIN 110017051 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
Connection Fund Inc demonstrates consistent financial activity, with annual revenues and expenses hovering around $9-10 million over the past decade. The organization's assets have fluctuated, reaching a high of $18.25 million in 2022 before decreasing to $9.42 million in 2023. A notable aspect of their financial structure is the consistent reporting of 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or compensation being reported under different categories, which warrants further investigation for full transparency. The organization's liabilities have also been substantial, often representing a significant portion of their assets, such as $4.26 million in liabilities against $9.42 million in assets in 2023.
While the provided data doesn't offer a detailed breakdown of program, administrative, and fundraising expenses, the consistent operational scale suggests a stable, albeit not rapidly growing, organization. The absence of reported officer compensation is a significant data point for transparency, potentially indicating a highly efficient or uniquely structured leadership. However, without a detailed functional expense breakdown, it's challenging to fully assess spending efficiency beyond the top-line revenue and expense figures.
Overall, Connection Fund Inc appears to be a stable organization in terms of its operational budget. The lack of reported officer compensation is a positive indicator for donor confidence regarding executive pay, but a more granular view of their spending categories would provide a clearer picture of their programmatic efficiency and overall financial health.