Quick charity verification for Nami Of Connecticut Incorporated (EIN: 222605701)
Verdict: Nami Of Connecticut Incorporated appears trustworthy
85/100Mission Score
$914KRevenue
$694KAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of $0 compensation for all key personnel across multiple years (e.g., 2023, 2022, 2021) raises questions about how leadership is compensated or if this is a reporting anomaly.
Significant fluctuations in net assets, from $102,314 in 2017 to $693,621 in 2023, indicate financial volatility or significant changes in asset management.
Expenses exceeded revenue in several years (e.g., 2019, 2016), suggesting periods of deficit spending.
Strengths
Strong revenue growth from $725,676 in 2022 to $830,772 in 2023, indicating increasing support.
Net assets have shown substantial growth in recent years, from $254,230 in 2020 to $693,621 in 2023, improving financial stability.
The organization consistently reports a low liability-to-asset ratio, indicating good financial health regarding debt.
Spending Breakdown
How Nami Of Connecticut Incorporated 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 Nami Of Connecticut Incorporated
Is Nami Of Connecticut Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Nami Of Connecticut Incorporated (EIN: 222605701) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
Is Nami Of Connecticut Incorporated a good charity to donate to?
Nami Of Connecticut Incorporated has a Mission Score of 85/100. Revenue: $914K. Assets: $694K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nami Of Connecticut Incorporated?
The Employer Identification Number (EIN) for Nami Of Connecticut Incorporated is 222605701. 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 Nami Of Connecticut Incorporated spend its money?
Nami Of Connecticut Incorporated allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nami Of Connecticut Incorporated's tax-exempt status?
You can verify Nami Of Connecticut Incorporated's tax-exempt status using EIN 222605701 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
Nami Of Connecticut Incorporated is a unknown nonprofit based in West Hartford, Connecticut, with reported revenue of $914K and assets of $694K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is unusual for an organization of its size and revenue. Revenue has declined -13% across 13 filing periods.