Amistad Committee Inc
Amistad Committee Inc: Consistent Revenue, Minimal Program Spending
EIN: 223015419 · New Haven, CT · NTEE: A80 · Updated: 2026-04-04
Is Amistad Committee Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amistad Committee Inc directs 15% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Amistad Committee Inc
Amistad Committee Inc (EIN: 223015419) is a nonprofit organization based in New Haven, CT, classified under NTEE code A80. The organization reported total revenue of $37K and total assets of $925K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amistad Committee Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amistad Committee Inc is a micro nonprofit that has been operating for 1 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -9.8%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $13K |
| Surplus / Deficit | +$39K |
| Total Assets | $933K |
| Net Assets | $933K |
| Operating Margin | 74.9% |
| Months of Reserves | 852.3 months |
Financial Health Grade: A
In 2019, Amistad Committee Inc reported a surplus of $39K with revenue exceeding expenses, holds 852.3 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), Amistad Committee Inc's revenue has declined at a compound annual growth rate (CAGR) of -9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -5.5% | -8.9% | +4.5% |
| 2018 | +2345.8% | -15.4% | +4.8% |
| 2017 | -96.1% | -65.4% | -1.7% |
| 2016 | +71.2% | +75.0% | +1.0% |
| 2015 | -35.3% | -67.9% | +0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
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 Amistad Committee Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 50%
- programs: 15%
- fundraising: 35%
According to IRS 990 filings, Amistad Committee Inc allocates its expenses as follows: admin: 50%, programs: 15%, fundraising: 35%. Only 15% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation cannot be assessed due to lack of specific compensation figures for key personnel in the provided data.
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 Amistad Committee Inc's IRS 990 filings:
- Program spending appears very low relative to administrative and fundraising expenses, raising questions about direct impact.
- The organization's expenses consistently exceed its revenue in several years, indicating potential reliance on reserves or other funding not detailed.
- Lack of detailed executive compensation makes it impossible to evaluate fairness or appropriateness.
Strengths
The following positive indicators were identified for Amistad Committee Inc:
- Consistent asset base over several years, suggesting financial stability.
- No reported lobbying, indicating a focus away from political influence.
- Long operational history (implied by multiple years of data) suggests established presence.
Frequently Asked Questions about Amistad Committee Inc
Is Amistad Committee Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Amistad Committee Inc (EIN: 223015419) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does Amistad Committee Inc spend its money?
Amistad Committee Inc directs 15% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Amistad Committee Inc tax-deductible?
Amistad Committee Inc is registered as a tax-exempt nonprofit (EIN: 223015419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Amistad Committee Inc do?
Amistad Committee Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in New Haven, Connecticut. It is classified under NTEE code A80.
How much revenue does Amistad Committee Inc have?
Amistad Committee Inc reported total revenue of $36,856. Based on 9 IRS 990 filings on record.
What are Amistad Committee Inc's total assets?
Amistad Committee Inc holds total assets of $924,880 as reported in IRS 990 filings.
Where is Amistad Committee Inc located?
Amistad Committee Inc is based in New Haven, Connecticut.
What is Amistad Committee Inc's EIN?
Amistad Committee Inc's Employer Identification Number (EIN) is 223015419. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Amistad Committee Inc?
Amistad Committee Inc is classified under NTEE code A80 (Arts, Culture & Humanities).
Is Amistad Committee Inc a registered 501(c)(3)?
Yes, Amistad Committee Inc is recognized as a tax-exempt organization by the IRS. EIN: 223015419.
Does Amistad Committee Inc file IRS Form 990?
Yes, Amistad Committee Inc has 9 IRS Form 990 filings on record. The most recent covers tax period 201912.
What was Amistad Committee Inc's revenue in 2019?
In the 201912 filing period, Amistad Committee Inc reported total revenue of $52,402, total expenses of $13,130, and net assets of $932,561.
Is Amistad Committee Inc's revenue growing or declining?
Amistad Committee Inc's revenue is declining. Revenue went from $55,447 (201812) to $52,402 (201912), a -5.5% change. Based on 9 filings on record.
What is Amistad Committee Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Amistad Committee Inc covers tax period 201912. It shows revenue of $52,402, expenses of $13,130, total assets of $932,561, and liabilities of N/A.
How much does Amistad Committee Inc spend on programs vs administration?
Based on IRS 990 analysis, Amistad Committee Inc allocates approximately 15% of expenses to program services, 50% to administrative costs, and 35% to fundraising. Overhead costs appear high relative to program spending.
Is Amistad Committee Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Amistad Committee Inc shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 3 strengths noted.
What are the red flags for Amistad Committee Inc?
The following concerns were identified: Program spending appears very low relative to administrative and fundraising expenses, raising questions about direct impact.. The organization's expenses consistently exceed its revenue in several years, indicating potential reliance on reserves or other funding not detailed.. Lack of detailed executive compensation makes it impossible to evaluate fairness or appropriateness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Amistad Committee Inc's strengths?
Positive indicators for Amistad Committee Inc include: Consistent asset base over several years, suggesting financial stability.. No reported lobbying, indicating a focus away from political influence.. Long operational history (implied by multiple years of data) suggests established presence.. These findings are derived from AI analysis of the organization's financial filings.
How does Amistad Committee Inc compensate executives?
Executive compensation cannot be assessed due to lack of specific compensation figures for key personnel in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the low program spending (e.g., $13,130 in 2019) compared to total expenses, what specific activities constitute the 'programs' and how do they align with the organization's mission?
The provided data indicates very low program expenses, such as $13,130 in 2019. Without further detail on the nature of these programs, it's difficult to ascertain their specific activities or how effectively they fulfill the organization's mission, especially when administrative and fundraising costs are significantly higher.
Filing History
IRS 990 filing history for Amistad Committee Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Amistad Committee Inc's revenue has declined by 56.3%, moving from $120K to $52K. Total assets increased by 8.4% over the same period, from $860K to $933K. Total functional expenses fell by 45.3%, from $24K to $13K. In its most recent filing year (2019), Amistad Committee Inc reported a surplus of $39K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $52K | $13K | $933K | $0 | — | View 990 |
| 2018 | $55K | $14K | $893K | $0 | — | View 990 |
| 2017 | $2K | $17K | $852K | $0 | — | — |
| 2016 | $58K | $49K | $866K | $0 | — | — |
| 2015 | $34K | $28K | $858K | $0 | — | — |
| 2014 | $52K | $88K | $853K | $0 | — | — |
| 2013 | $58K | $39K | $897K | $0 | — | — |
| 2012 | $34K | $14K | $869K | $0 | — | — |
| 2011 | $120K | $24K | $860K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $52K, expenses of $13K, and assets of $933K (revenue -5.5% year-over-year).
- 2018: Revenue of $55K, expenses of $14K, and assets of $893K (revenue +2345.8% year-over-year).
- 2017: Revenue of $2K, expenses of $17K, and assets of $852K (revenue -96.1% year-over-year).
- 2016: Revenue of $58K, expenses of $49K, and assets of $866K (revenue +71.2% year-over-year).
- 2015: Revenue of $34K, expenses of $28K, and assets of $858K (revenue -35.3% year-over-year).
- 2014: Revenue of $52K, expenses of $88K, and assets of $853K (revenue -10.7% year-over-year).
- 2013: Revenue of $58K, expenses of $39K, and assets of $897K (revenue +73.1% year-over-year).
- 2012: Revenue of $34K, expenses of $14K, and assets of $869K (revenue -72.0% year-over-year).
- 2011: Revenue of $120K, expenses of $24K, and assets of $860K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amistad Committee Inc:
Data Sources and Methodology
This transparency report for Amistad Committee 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.