Quick charity verification for Naugatuck Valley Project Inc (EIN: 222726260)
Verdict: Naugatuck Valley Project Inc appears trustworthy
75/100Mission Score
$273KRevenue
$118KAssets
3Red Flags
3Strengths
Red Flags
Significant fluctuations in revenue, from $90,523 in 2017 to $498,446 in 2023, suggest potential instability in funding streams.
Negative net assets in some years (e.g., 2021) raise concerns about long-term financial sustainability.
Reliance on grants and contributions, without significant earned income, makes the organization vulnerable to funding shifts.
Strengths
Consistent mission focus on community organizing and empowerment in the Naugatuck Valley.
Demonstrated ability to increase revenue significantly in recent years, with $498,446 in 2023.
Low administrative and fundraising costs, indicating efficient use of resources for program delivery.
Spending Breakdown
How Naugatuck Valley Project Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
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 Naugatuck Valley Project Inc
Is Naugatuck Valley Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Naugatuck Valley Project Inc (EIN: 222726260) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Naugatuck Valley Project Inc a good charity to donate to?
Naugatuck Valley Project Inc has a Mission Score of 75/100. Revenue: $273K. Assets: $118K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Naugatuck Valley Project Inc?
The Employer Identification Number (EIN) for Naugatuck Valley Project Inc is 222726260. 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 Naugatuck Valley Project Inc spend its money?
Naugatuck Valley Project Inc allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Naugatuck Valley Project Inc's tax-exempt status?
You can verify Naugatuck Valley Project Inc's tax-exempt status using EIN 222726260 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
Naugatuck Valley Project Inc is a community improvement nonprofit based in Waterbury, Connecticut, with reported revenue of $273K and assets of $118K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation is not reported on recent Form 990 filings, indicating that no individual received over $100,000 in reportable compensation. Revenue has grown +253% across 13 filing periods.