1000 Friends Of Connecticut Inc
1000 Friends Of Connecticut Inc reports zero revenue and assets, indicating likely cessation of operations.
EIN: 200554225 · Tenants Hbr, ME · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $17K |
| Program Spending | 80% |
| Net Assets | $2K |
| Transparency Score | 30/100 |
Is 1000 Friends Of Connecticut Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
1000 Friends Of Connecticut Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 1000 Friends Of Connecticut Inc
1000 Friends Of Connecticut Inc (EIN: 200554225) is a nonprofit organization based in Tenants Hbr, ME, classified under NTEE code S20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 1000 Friends Of Connecticut Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
1000 Friends Of Connecticut Inc is a micro nonprofit that has been operating for 22 years, with 2 years of IRS 990 filings on record (2011–2012). Revenue has grown at a compound annual rate of -59.3%.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
| Total Revenue | $15K |
| Total Expenses | $17K |
| Surplus / Deficit | $-1,782 |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | -11.8% |
| Months of Reserves | 1.2 months |
Financial Health Grade: C
In 2012, 1000 Friends Of Connecticut Inc reported a deficit of $2K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited).
Financial Trends
Over 2 years of filings (2011–2012), 1000 Friends Of Connecticut Inc's revenue has declined at a compound annual growth rate (CAGR) of -59.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2012 | -59.3% | -64.6% | -52.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 1000 Friends Of Connecticut Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, 1000 Friends Of Connecticut Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2012)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
Executive Compensation Analysis
No officer compensation was reported in either 2011 or 2012, which is appropriate for an organization of this small size and revenue level.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 1000 Friends Of Connecticut Inc's IRS 990 filings:
- Zero revenue and assets in the latest filing, suggesting inactivity or dissolution
- Consistent deficit spending in active years (2011-2012)
- Declining assets during its operational period
Strengths
The following positive indicators were identified for 1000 Friends Of Connecticut Inc:
- No officer compensation reported during active years
Frequently Asked Questions about 1000 Friends Of Connecticut Inc
Is 1000 Friends Of Connecticut Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 1000 Friends Of Connecticut Inc (EIN: 200554225) significant concerns. Mission Score: 30/100. 3 red flags identified, 1 strength noted.
How does 1000 Friends Of Connecticut Inc spend its money?
1000 Friends Of Connecticut Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 1000 Friends Of Connecticut Inc tax-deductible?
1000 Friends Of Connecticut Inc is registered as a tax-exempt nonprofit (EIN: 200554225). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of 1000 Friends Of Connecticut Inc's spending goes to programs?
1000 Friends Of Connecticut Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 1000 Friends Of Connecticut Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), 1000 Friends Of Connecticut Inc is below average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 1000 Friends Of Connecticut Inc located?
1000 Friends Of Connecticut Inc is headquartered in Tenants Hbr, Maine and files with the IRS under EIN 200554225. It is classified under NTEE code S20.
How many years of IRS 990 filings does 1000 Friends Of Connecticut Inc have?
1000 Friends Of Connecticut Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is 1000 Friends Of Connecticut Inc still active?
Based on the latest available data showing $0 revenue and $0 assets, it is highly probable that 1000 Friends Of Connecticut Inc is no longer active.
What was the organization's primary financial challenge?
The primary financial challenge was consistent deficit spending, with expenses exceeding revenue by $10,556 in 2011 and $1,782 in 2012, leading to a decline in assets.
Filing History
IRS 990 filing history for 1000 Friends Of Connecticut Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2012), 1000 Friends Of Connecticut Inc's revenue has declined by 59.3%, moving from $37K to $15K. Total assets decreased by 52.2% over the same period, from $3K to $2K. Total functional expenses fell by 64.6%, from $48K to $17K. In its most recent filing year (2012), 1000 Friends Of Connecticut Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2012 | $15K | $17K | $2K | $0 | — | View 990 |
| 2011 | $37K | $48K | $3K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 1000 Friends Of Connecticut Inc:
Data Sources and Methodology
This transparency report for 1000 Friends Of Connecticut Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.