Is The Diaper Bank Of Connecticut Inc Legit?

Quick charity verification for The Diaper Bank Of Connecticut Inc (EIN: 201179912)

Verdict: The Diaper Bank Of Connecticut Inc appears trustworthy

95/100Mission Score
$2.6MRevenue
$1.0MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How The Diaper Bank Of Connecticut Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 The Diaper Bank Of Connecticut Inc

Is The Diaper Bank Of Connecticut Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, The Diaper Bank Of Connecticut Inc (EIN: 201179912) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.

Is The Diaper Bank Of Connecticut Inc a good charity to donate to?

The Diaper Bank Of Connecticut Inc has a Mission Score of 95/100. Revenue: $2.6M. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Diaper Bank Of Connecticut Inc?

The Employer Identification Number (EIN) for The Diaper Bank Of Connecticut Inc is 201179912. 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 The Diaper Bank Of Connecticut Inc spend its money?

The Diaper Bank Of Connecticut Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Diaper Bank Of Connecticut Inc's tax-exempt status?

You can verify The Diaper Bank Of Connecticut Inc's tax-exempt status using EIN 201179912 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 Diaper Bank Of Connecticut Inc demonstrates strong financial health and a clear commitment to its program services. Over the past five years, the organization has seen significant growth in revenue, from $540,589 in 2019 to $2,413,787 in 2023, indicating increasing support and operational scale. While expenses have generally tracked revenue, the organization maintained a positive net income in several years, such as 2022 ($2,137,896 revenue vs. $1,807,102 expenses) and 2020 ($1,196,987 revenue vs. $738,659 expenses), contributing to asset growth. The latest filing for 2023 shows expenses ($2,414,150) slightly exceeding revenue ($2,413,787), a minor deficit that doesn't significantly impact its overall strong financial standing given its asset base of $1,230,012. The organization's spending efficiency appears high, as indicated by the consistent 0% officer compensation reported across all available filings. This suggests that a very high proportion of funds are directed towards program delivery and operational costs rather than executive salaries. The absence of reported officer compensation also points to a high degree of transparency regarding how donor funds are utilized, reinforcing trust. The substantial growth in assets, from $251,389 in 2019 to $1,230,012 in 2023, further solidifies its financial stability and capacity to sustain its mission.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages