Quick charity verification for Gujarati Association Of Connecticut Inc (EIN: 202350953)
Verdict: Gujarati Association Of Connecticut Inc appears trustworthy
85/100Mission Score
$85KRevenue
$137KAssets
2Red Flags
4Strengths
Red Flags
Fluctuating revenue year-over-year, making future income less predictable.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, limiting in-depth efficiency analysis.
Strengths
Consistent reporting of 0% officer compensation, indicating a volunteer-driven or highly efficient leadership structure.
Strong asset-to-liability ratio ($136,953 assets vs. $1,200 liabilities), demonstrating financial health.
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Consistent growth in assets over the long term, from $38,404 in 2015 to $136,953 currently.
Spending Breakdown
How Gujarati Association Of Connecticut 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 Gujarati Association Of Connecticut Inc
Is Gujarati Association Of Connecticut Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gujarati Association Of Connecticut Inc (EIN: 202350953) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Gujarati Association Of Connecticut Inc a good charity to donate to?
Gujarati Association Of Connecticut Inc has a Mission Score of 85/100. Revenue: $85K. Assets: $137K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gujarati Association Of Connecticut Inc?
The Employer Identification Number (EIN) for Gujarati Association Of Connecticut Inc is 202350953. 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 Gujarati Association Of Connecticut Inc spend its money?
Gujarati Association Of Connecticut Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gujarati Association Of Connecticut Inc's tax-exempt status?
You can verify Gujarati Association Of Connecticut Inc's tax-exempt status using EIN 202350953 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
The Gujarati Association Of Connecticut Inc demonstrates a consistent commitment to its mission, as evidenced by its historical financial data. The organization has maintained a relatively stable asset base, with current assets at $136,953 and liabilities at $1,200, indicating a healthy financial position. While revenue has fluctuated, such as a dip to $27,385 in 2023 from $67,114 in 2022, the organization has generally managed its expenses effectively, often spending less than or close to its revenue. For instance, in 2022, expenses were $49,980 against $67,114 in revenue.
The organization's transparency is strong, particularly regarding executive compensation, which has consistently been reported as 0% across all available filings. This suggests that the organization is primarily volunteer-driven or that compensation is minimal and not reported in this category. The consistent filing of IRS Form 990 over 13 periods further underscores its commitment to public accountability. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency beyond the overall revenue-to-expense ratio. The NTEE code B90 (Ethnic & Immigrant Support) suggests a focus on community support, which aligns with a lean operational structure.