Quick charity verification for First Night Hartford Inc (EIN: 222970922)
Verdict: First Night Hartford Inc appears trustworthy
75/100Mission Score
$116KRevenue
$10KAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits: Expenses have exceeded revenue in multiple recent years (e.g., 2023: $148,930 expenses vs. $143,017 revenue; 2022: $134,279 expenses vs. $121,343 revenue).
Declining assets: Total assets have decreased from $20,192 in 2022 to $7,940 in 2024.
Limited public financial detail: 990-EZ provides only summary data, making in-depth analysis of spending difficult.
Strengths
Long-standing community event: First Night Hartford has a history of providing a New Year's Eve celebration for the community.
Low administrative overhead: Based on available data, administrative costs appear to be kept relatively low.
Volunteer-driven model: The nature of the event suggests a significant reliance on volunteer support, maximizing program delivery.
Spending Breakdown
How First Night Hartford Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 First Night Hartford Inc
Is First Night Hartford Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, First Night Hartford Inc (EIN: 222970922) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is First Night Hartford Inc a good charity to donate to?
First Night Hartford Inc has a Mission Score of 75/100. Revenue: $116K. Assets: $10K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for First Night Hartford Inc?
The Employer Identification Number (EIN) for First Night Hartford Inc is 222970922. 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 First Night Hartford Inc spend its money?
First Night Hartford Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify First Night Hartford Inc's tax-exempt status?
You can verify First Night Hartford Inc's tax-exempt status using EIN 222970922 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
First Night Hartford Inc is a arts, culture & humanities nonprofit based in Hartford, Connecticut, with reported revenue of $116K and assets of $10K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation is not reported on the 990-EZ filings, indicating that no officer, director, trustee, or key employee received more than $100,000 in reportable compensation. Revenue has declined -23% across 13 filing periods.