Is Southern Connecticut Building Owner & Managers Associations Legit?
Quick charity verification for Southern Connecticut Building Owner & Managers Associations (EIN: 222610894)
Verdict: Southern Connecticut Building Owner & Managers Associations appears trustworthy
70/100Mission Score
$200KRevenue
$141KAssets
2Red Flags
3Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in summary data.
Significant drop in reported assets from $275,405 in 2021 to $187,901 in 2022, then to $141,150 in 2023 without clear explanation.
Strengths
Consistent revenue generation over multiple years, averaging around $150,000-$200,000 annually.
Relatively low liabilities compared to assets, indicating financial stability.
Zero reported lobbying expenses ('c0%') suggests focus on core mission rather than political advocacy.
Spending Breakdown
How Southern Connecticut Building Owner & Managers Associations 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 Southern Connecticut Building Owner & Managers Associations
Is Southern Connecticut Building Owner & Managers Associations a legitimate charity?
Based on AI analysis of IRS 990 filings, Southern Connecticut Building Owner & Managers Associations (EIN: 222610894) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Southern Connecticut Building Owner & Managers Associations a good charity to donate to?
Southern Connecticut Building Owner & Managers Associations has a Mission Score of 70/100. Revenue: $200K. Assets: $141K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Southern Connecticut Building Owner & Managers Associations?
The Employer Identification Number (EIN) for Southern Connecticut Building Owner & Managers Associations is 222610894. 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 Southern Connecticut Building Owner & Managers Associations spend its money?
Southern Connecticut Building Owner & Managers Associations allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Southern Connecticut Building Owner & Managers Associations's tax-exempt status?
You can verify Southern Connecticut Building Owner & Managers Associations's tax-exempt status using EIN 222610894 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
Southern Connecticut Building Owner & Managers Associations is a unknown nonprofit based in Bloomfield, Connecticut, with reported revenue of $200K and assets of $141K. Our AI analysis assigns a Mission Score of 70/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation is not reported in the provided data, suggesting it is below disclosure thresholds or not applicable for this organization's structure. Revenue has declined -15% across 13 filing periods.