Baseball Association Of Wolcott Inc
Baseball Association Of Wolcott Inc: Consistent Revenue, Low Overhead
EIN: 222753655 · Wolcott, CT · NTEE: N63Z · Updated: 2026-04-04
Is Baseball Association Of Wolcott Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Baseball Association Of Wolcott Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Baseball Association Of Wolcott Inc
Baseball Association Of Wolcott Inc (EIN: 222753655) is a nonprofit organization based in Wolcott, CT, classified under NTEE code N63Z. The organization reported total revenue of $150K and total assets of $58K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Baseball Association Of Wolcott Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Baseball Association Of Wolcott Inc is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $121K |
| Surplus / Deficit | $-19,695 |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | -19.4% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Baseball Association Of Wolcott Inc reported a deficit of $20K with expenses exceeding revenue, holds 3.0 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Baseball Association Of Wolcott Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.5% | +12.5% | -39.1% |
| 2022 | +49.0% | +38.0% | +23.8% |
| 2021 | -3.8% | +26.9% | +1.8% |
| 2020 | +54.1% | +17.1% | +104.9% |
| 2019 | -11.1% | -29.5% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Baseball Association Of Wolcott Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Baseball Association Of Wolcott Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-run organization with no paid leadership.
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.
Strengths
The following positive indicators were identified for Baseball Association Of Wolcott Inc:
- Strong program efficiency with 100% of expenses in 2023 ($121,416) allocated to programs.
- Consistent revenue generation, averaging over $70,000 annually in recent years.
- Healthy asset growth, increasing by over 50% since 2019.
- Zero executive compensation demonstrates a commitment to maximizing funds for mission-related activities.
Frequently Asked Questions about Baseball Association Of Wolcott Inc
Is Baseball Association Of Wolcott Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Baseball Association Of Wolcott Inc (EIN: 222753655) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does Baseball Association Of Wolcott Inc spend its money?
Baseball Association Of Wolcott Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Baseball Association Of Wolcott Inc tax-deductible?
Baseball Association Of Wolcott Inc is registered as a tax-exempt nonprofit (EIN: 222753655). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Baseball Association Of Wolcott Inc do?
Baseball Association Of Wolcott Inc is a nonprofit organization in the Recreation & Sports sector, located in Wolcott, Connecticut. It is classified under NTEE code N63Z.
How much revenue does Baseball Association Of Wolcott Inc have?
Baseball Association Of Wolcott Inc reported total revenue of $150,000. Based on 13 IRS 990 filings on record.
What are Baseball Association Of Wolcott Inc's total assets?
Baseball Association Of Wolcott Inc holds total assets of $57,894 as reported in IRS 990 filings.
Where is Baseball Association Of Wolcott Inc located?
Baseball Association Of Wolcott Inc is based in Wolcott, Connecticut.
What is Baseball Association Of Wolcott Inc's EIN?
Baseball Association Of Wolcott Inc's Employer Identification Number (EIN) is 222753655. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Baseball Association Of Wolcott Inc?
Baseball Association Of Wolcott Inc is classified under NTEE code N63Z (Recreation & Sports).
Is Baseball Association Of Wolcott Inc a registered 501(c)(3)?
Yes, Baseball Association Of Wolcott Inc is recognized as a tax-exempt organization by the IRS. EIN: 222753655.
Does Baseball Association Of Wolcott Inc file IRS Form 990?
Yes, Baseball Association Of Wolcott Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Baseball Association Of Wolcott Inc's revenue in 2023?
In the 202312 filing period, Baseball Association Of Wolcott Inc reported total revenue of $101,721, total expenses of $121,416, and net assets of $30,647.
Is Baseball Association Of Wolcott Inc's revenue growing or declining?
Baseball Association Of Wolcott Inc's revenue is declining. Revenue went from $117,606 (202212) to $101,721 (202312), a -13.5% change. Based on 13 filings on record.
What is Baseball Association Of Wolcott Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Baseball Association Of Wolcott Inc covers tax period 202312. It shows revenue of $101,721, expenses of $121,416, total assets of $30,647, and liabilities of N/A.
How much does Baseball Association Of Wolcott Inc spend on programs vs administration?
Based on IRS 990 analysis, Baseball Association Of Wolcott Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Baseball Association Of Wolcott Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Baseball Association Of Wolcott Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Baseball Association Of Wolcott Inc's strengths?
Positive indicators for Baseball Association Of Wolcott Inc include: Strong program efficiency with 100% of expenses in 2023 ($121,416) allocated to programs.. Consistent revenue generation, averaging over $70,000 annually in recent years.. Healthy asset growth, increasing by over 50% since 2019.. Zero executive compensation demonstrates a commitment to maximizing funds for mission-related activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Baseball Association Of Wolcott Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a fully volunteer-run organization with no paid leadership. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization manage to operate with 100% program expenses and no reported administrative or fundraising costs?
The data suggests that all operational and fundraising activities are either absorbed within program costs or are handled by volunteers, allowing for a highly efficient allocation of funds directly to baseball programs.
Given the consistent revenue and asset growth, what specific initiatives or capital improvements has the organization undertaken?
While the filings show financial health, the specific use of accumulated assets for initiatives or improvements is not detailed in the provided data, suggesting further inquiry into their capital expenditure strategy.
Filing History
IRS 990 filing history for Baseball Association Of Wolcott Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Baseball Association Of Wolcott Inc's revenue has grown by 8.8%, moving from $93K to $102K. Total assets increased by 20.7% over the same period, from $25K to $31K. Total functional expenses rose by 30.4%, from $93K to $121K. In its most recent filing year (2023), Baseball Association Of Wolcott Inc reported a deficit of $20K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $121K | $31K | $0 | — | — |
| 2022 | $118K | $108K | $50K | $0 | — | View 990 |
| 2021 | $79K | $78K | $41K | $0 | — | View 990 |
| 2020 | $82K | $62K | $40K | $0 | — | — |
| 2019 | $53K | $53K | $20K | $0 | — | View 990 |
| 2018 | $60K | $75K | $19K | $0 | — | View 990 |
| 2017 | $67K | $57K | $34K | $0 | — | View 990 |
| 2016 | $63K | $58K | $24K | $0 | — | View 990 |
| 2015 | $76K | $74K | $19K | $0 | — | View 990 |
| 2014 | $74K | $80K | $18K | $0 | — | View 990 |
| 2013 | $91K | $90K | $24K | $0 | — | View 990 |
| 2012 | $93K | $95K | $23K | $0 | — | View 990 |
| 2011 | $93K | $93K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $121K, and assets of $31K (revenue -13.5% year-over-year).
- 2022: Revenue of $118K, expenses of $108K, and assets of $50K (revenue +49.0% year-over-year).
- 2021: Revenue of $79K, expenses of $78K, and assets of $41K (revenue -3.8% year-over-year).
- 2020: Revenue of $82K, expenses of $62K, and assets of $40K (revenue +54.1% year-over-year).
- 2019: Revenue of $53K, expenses of $53K, and assets of $20K (revenue -11.1% year-over-year).
- 2018: Revenue of $60K, expenses of $75K, and assets of $19K (revenue -10.4% year-over-year).
- 2017: Revenue of $67K, expenses of $57K, and assets of $34K (revenue +6.6% year-over-year).
- 2016: Revenue of $63K, expenses of $58K, and assets of $24K (revenue -17.4% year-over-year).
- 2015: Revenue of $76K, expenses of $74K, and assets of $19K (revenue +2.9% year-over-year).
- 2014: Revenue of $74K, expenses of $80K, and assets of $18K (revenue -18.7% year-over-year).
- 2013: Revenue of $91K, expenses of $90K, and assets of $24K (revenue -2.7% year-over-year).
- 2012: Revenue of $93K, expenses of $95K, and assets of $23K (revenue -0.3% year-over-year).
- 2011: Revenue of $93K, expenses of $93K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Baseball Association Of Wolcott Inc:
Data Sources and Methodology
This transparency report for Baseball Association Of Wolcott 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.