Bacon Academy Alumni Association Inc
Bacon Academy Alumni Association Inc: Transparent Spending and Strong Mission Focus
EIN: 223143577 · Colchester, CT · NTEE: B84I · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $5K |
| Program Spending | 70% |
| Net Assets | $109K |
| Transparency Score | 95/100 |
Search Intent Cockpit
Bacon Academy Alumni Association Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Bacon Academy Alumni Association Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Bacon Academy Alumni Association Inc in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $8K and expenses of $5K.
Revenue and Expenses
Bacon Academy Alumni Association Inc reported $8K in revenue and $5K in expenses, a surplus of $3K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
95/100 mission score, 3 red flags, and 1 strength are shown from structured and AI review.
Is Bacon Academy Alumni Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $4K (70%) |
Across stored filings, Bacon Academy Alumni Association Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 3 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Teen Center Of Wilton Inc | Connecticut and Education context |
Trust Check
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Bacon Academy Alumni Association Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Bacon Academy Alumni Association Inc
Bacon Academy Alumni Association Inc (EIN: 223143577) is a nonprofit organization based in Colchester, CT, classified under NTEE code B84I. The organization reported total revenue of $10K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bacon Academy Alumni Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bacon Academy Alumni Association Inc is a micro nonprofit that has been operating for 34 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $5K |
| Surplus / Deficit | +$3K |
| Total Assets | $109K |
| Total Liabilities | $1 |
| Net Assets | $109K |
| Operating Margin | 31.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 242.5 months |
Financial Health Grade: A
In 2023, Bacon Academy Alumni Association Inc reported a surplus of $3K with revenue exceeding expenses, holds 242.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Bacon Academy Alumni Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.2% | -3.1% | +2.4% |
| 2022 | -52.1% | +43.1% | +2.7% |
| 2021 | +25.0% | -8.7% | +15.0% |
| 2020 | -3.8% | +9.4% | +12.0% |
| 2019 | +600.9% | +72.0% | +76.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Bacon Academy Alumni Association Inc with a Mission Score of 95 out of 100 (Excellent). 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: 70%
- fundraising: 15%
According to IRS 990 filings, Bacon Academy Alumni Association Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation remains at a modest level, reflecting the nonprofit's commitment to fiscal responsibility.
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 Bacon Academy Alumni Association Inc's IRS 990 filings:
- Administrative costs have remained relatively low, suggesting efficient operations.
- There is a significant increase in fundraising efforts, which could indicate a need for more strategic planning to maximize impact.
- The allocation to programs has remained steady, indicating a strong focus on mission fulfillment.
Strengths
The following positive indicators were identified for Bacon Academy Alumni Association Inc:
- Consistent program funding over the years demonstrates a strong commitment to the organization's mission.
Frequently Asked Questions about Bacon Academy Alumni Association Inc
Is Bacon Academy Alumni Association Inc a legitimate charity?
Bacon Academy Alumni Association Inc (EIN: 223143577) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $10K. 3 red flags identified. 1 strength noted. Financial health grade: A.
How does Bacon Academy Alumni Association Inc spend its money?
Bacon Academy Alumni Association Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Bacon Academy Alumni Association Inc tax-deductible?
Bacon Academy Alumni Association Inc is registered as a tax-exempt nonprofit (EIN: 223143577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bacon Academy Alumni Association Inc's spending goes to programs?
Bacon Academy Alumni Association Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Bacon Academy Alumni Association Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Bacon Academy Alumni Association Inc is above average for NTEE category B84I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bacon Academy Alumni Association Inc located?
Bacon Academy Alumni Association Inc is headquartered in Colchester, Connecticut and files with the IRS under EIN 223143577. It is classified under NTEE code B84I.
How many years of IRS 990 filings does Bacon Academy Alumni Association Inc have?
Bacon Academy Alumni Association Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10K in total revenue.
What does Bacon Academy Alumni Association Inc do?
Bacon Academy Alumni Association Inc is a nonprofit organization in the Education sector, located in Colchester, Connecticut. It is classified under NTEE code B84I.
How much revenue does Bacon Academy Alumni Association Inc have?
Bacon Academy Alumni Association Inc reported total revenue of $10,174. Based on 10 IRS 990 filings on record.
What are Bacon Academy Alumni Association Inc's total assets?
Bacon Academy Alumni Association Inc holds total assets of $112,624 as reported in IRS 990 filings.
Where is Bacon Academy Alumni Association Inc located?
Bacon Academy Alumni Association Inc is based in Colchester, Connecticut.
What is Bacon Academy Alumni Association Inc's EIN?
Bacon Academy Alumni Association Inc's Employer Identification Number (EIN) is 223143577. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bacon Academy Alumni Association Inc?
Bacon Academy Alumni Association Inc is classified under NTEE code B84I (Education).
Is Bacon Academy Alumni Association Inc a registered 501(c)(3)?
Yes, Bacon Academy Alumni Association Inc is recognized as a tax-exempt organization by the IRS. EIN: 223143577.
Does Bacon Academy Alumni Association Inc file IRS Form 990?
Yes, Bacon Academy Alumni Association Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Bacon Academy Alumni Association Inc's revenue in 2023?
In the 202312 filing period, Bacon Academy Alumni Association Inc reported total revenue of $7,899, total expenses of $5,393, and net assets of $108,979.
Is Bacon Academy Alumni Association Inc's revenue growing or declining?
Bacon Academy Alumni Association Inc's revenue is declining. Revenue went from $8,334 (202212) to $7,899 (202312), a -5.2% change. Based on 10 filings on record.
What is Bacon Academy Alumni Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Bacon Academy Alumni Association Inc covers tax period 202312. It shows revenue of $7,899, expenses of $5,393, total assets of $108,979, and liabilities of $1.
How much does Bacon Academy Alumni Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Bacon Academy Alumni Association Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Bacon Academy Alumni Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Bacon Academy Alumni Association Inc appears trustworthy. Mission Score: 95/100 (Excellent). 3 red flags identified. 1 strength noted.
What are the red flags for Bacon Academy Alumni Association Inc?
The following concerns were identified: Administrative costs have remained relatively low, suggesting efficient operations.. There is a significant increase in fundraising efforts, which could indicate a need for more strategic planning to maximize impact.. The allocation to programs has remained steady, indicating a strong focus on mission fulfillment.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bacon Academy Alumni Association Inc's strengths?
Positive indicators for Bacon Academy Alumni Association Inc include: Consistent program funding over the years demonstrates a strong commitment to the organization's mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Bacon Academy Alumni Association Inc compensate executives?
Executive compensation remains at a modest level, reflecting the nonprofit's commitment to fiscal responsibility. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Bacon Academy Alumni Association Inc?
1. Detailed breakdown of spending by year, showing consistent allocation to programs. 2. Administrative costs remain low, indicating efficient operations. 3. Fundraising efforts have increased over the years, supporting overall growth. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the organization ensure that its fundraising efforts are effectively supporting its mission?
The organization has seen a steady increase in fundraising efforts, which is crucial for supporting its mission. However, it is important to ensure that these funds are being allocated efficiently and effectively to programs and initiatives that directly support the mission.
What steps does the organization take to maintain low administrative costs?
The organization has managed to keep administrative costs low, which is commendable. This suggests that the organization is operating efficiently and prioritizing its mission over administrative overhead.
How does the organization plan to sustain its strong program funding in the future?
The organization has maintained a consistent allocation to programs, which is essential for fulfilling its mission. Future plans should focus on maintaining this balance while exploring new ways to enhance program effectiveness and impact.
Filing History
IRS 990 filing history for Bacon Academy Alumni Association Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bacon Academy Alumni Association Inc's revenue has grown by 291.2%, moving from $2K to $8K. Total assets increased by 135.9% over the same period, from $46K to $109K. Total functional expenses rose by 99.3%, from $3K to $5K. In its most recent filing year (2023), Bacon Academy Alumni Association Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $1 in liabilities against $109K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $109K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $5K | $109K | $1 | — | — |
| 2022 | $8K | $6K | $106K | $1 | — | — |
| 2021 | $17K | $4K | $104K | $1 | — | — |
| 2020 | $14K | $4K | $90K | $1 | — | — |
| 2019 | $14K | $4K | $81K | $0 | — | View 990 |
| 2015 | $2K | $2K | $46K | $1 | — | View 990 |
| 2014 | $4K | $2K | $46K | $0 | — | View 990 |
| 2013 | $1K | $2K | $44K | $0 | — | View 990 |
| 2012 | $1K | $3K | $44K | $0 | — | View 990 |
| 2011 | $2K | $3K | $46K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $5K, and assets of $109K (revenue -5.2% year-over-year).
- 2022: Revenue of $8K, expenses of $6K, and assets of $106K (revenue -52.1% year-over-year).
- 2021: Revenue of $17K, expenses of $4K, and assets of $104K (revenue +25.0% year-over-year).
- 2020: Revenue of $14K, expenses of $4K, and assets of $90K (revenue -3.8% year-over-year).
- 2019: Revenue of $14K, expenses of $4K, and assets of $81K (revenue +600.9% year-over-year).
- 2015: Revenue of $2K, expenses of $2K, and assets of $46K (revenue -43.1% year-over-year).
- 2014: Revenue of $4K, expenses of $2K, and assets of $46K (revenue +161.9% year-over-year).
- 2013: Revenue of $1K, expenses of $2K, and assets of $44K (revenue +3.0% year-over-year).
- 2012: Revenue of $1K, expenses of $3K, and assets of $44K (revenue -33.3% year-over-year).
- 2011: Revenue of $2K, expenses of $3K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bacon Academy Alumni Association Inc:
Data Sources and Methodology
This transparency report for Bacon Academy Alumni Association 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.