Is Newfoundland Club Of New England Charitable Fund Inc Legit?
Quick charity verification for Newfoundland Club Of New England Charitable Fund Inc (EIN: 200657279)
Verdict: Newfoundland Club Of New England Charitable Fund Inc appears trustworthy
92/100Mission Score
$52KRevenue
$498KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, reaching $469,179 in 2023.
Zero liabilities reported in most recent filings, indicating strong financial health.
0% officer compensation across all reported periods, maximizing funds for mission.
Consistent filing of IRS Form 990s, demonstrating transparency.
Generally balanced revenue and expenses, with surpluses in multiple recent years (e.g., 2023, 2021).
AI Transparency Report
The Newfoundland Club Of New England Charitable Fund Inc demonstrates a consistent financial position, with assets growing over the past decade to nearly half a million dollars. The organization's revenue and expenses have fluctuated, but generally show a healthy balance, with recent periods (2023 and 2021) showing revenues exceeding expenses. A notable strength is the complete absence of liabilities in most recent filings, indicating strong financial management and no reliance on debt. The organization's transparency is high given its consistent filing of IRS Form 990s and the clear reporting of zero officer compensation, which is a positive indicator for a smaller charitable fund. The NTEE code D20 suggests a focus on animal welfare, and the financial data supports an organization that is managing its resources effectively to support its mission.