Capitol Region Education Councilfoundation Inc
Capitol Region Education Councilfoundation Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 204091009 · Hartford, CT · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1.4 |
| Net Assets | $797K |
| Transparency Score | 90/100 |
Is Capitol Region Education Councilfoundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Capitol Region Education Councilfoundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Capitol Region Education Councilfoundation Inc
Capitol Region Education Councilfoundation Inc (EIN: 204091009) is a nonprofit organization based in Hartford, CT, classified under NTEE code B11. The organization reported total revenue of $1.4M and total assets of $830K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Capitol Region Education Councilfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Capitol Region Education Councilfoundation Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$85K |
| Total Assets | $804K |
| Total Liabilities | $6K |
| Net Assets | $797K |
| Operating Margin | 5.8% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2024, Capitol Region Education Councilfoundation Inc reported a surplus of $85K with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Capitol Region Education Councilfoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -5.9% | -14.0% | -38.0% |
| 2023 | +80.0% | +101.7% | +3.7% |
| 2022 | -11.6% | +3.2% | +75.9% |
| 2021 | -13.7% | -28.9% | +46.1% |
| 2020 | -12.9% | -1.5% | +6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Capitol Region Education Councilfoundation Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Capitol Region Education Councilfoundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a nonprofit of its size with recent revenues exceeding $1.4 million.
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 Capitol Region Education Councilfoundation Inc:
- Consistent revenue generation and growth, with $1,452,457 in 202406.
- Significant asset accumulation, growing from $8,800 in 201506 to $803,617 in 202406.
- 0% officer compensation reported across all filings, indicating high efficiency and mission focus.
- Generally low liabilities relative to assets, suggesting strong financial management.
- Positive net income in most recent periods, such as a surplus of $84,721 in 202406.
Frequently Asked Questions about Capitol Region Education Councilfoundation Inc
Is Capitol Region Education Councilfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Capitol Region Education Councilfoundation Inc (EIN: 204091009) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Capitol Region Education Councilfoundation Inc spend its money?
Capitol Region Education Councilfoundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Capitol Region Education Councilfoundation Inc tax-deductible?
Capitol Region Education Councilfoundation Inc is registered as a tax-exempt nonprofit (EIN: 204091009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Capitol Region Education Councilfoundation Inc CEO make?
Capitol Region Education Councilfoundation Inc's highest-compensated officer earns $1.4 annually. The organization reported $1.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Capitol Region Education Councilfoundation Inc's spending goes to programs?
Capitol Region Education Councilfoundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Capitol Region Education Councilfoundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Capitol Region Education Councilfoundation Inc is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Capitol Region Education Councilfoundation Inc located?
Capitol Region Education Councilfoundation Inc is headquartered in Hartford, Connecticut and files with the IRS under EIN 204091009. It is classified under NTEE code B11.
How many years of IRS 990 filings does Capitol Region Education Councilfoundation Inc have?
Capitol Region Education Councilfoundation Inc has 14 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 $1.4M in total revenue.
Is Capitol Region Education Councilfoundation Inc a good charity?
Based on the provided financial data, the organization appears to be a good charity. It consistently generates revenue, manages expenses effectively, and has shown significant asset growth. The 0% officer compensation is a strong positive indicator of its commitment to its mission.
How has the organization's financial health changed over time?
The organization's financial health has generally improved over time. Revenue has grown from $466,995 in 201506 to $1,452,457 in 202406, and assets have increased substantially from $8,800 to $803,617 in the same period, demonstrating strong financial growth and stability.
What is the trend in liabilities?
Liabilities have fluctuated but generally remained low relative to assets. For example, in 202406, liabilities were $6,359 against assets of $803,617, indicating a healthy financial position with minimal debt.
Filing History
IRS 990 filing history for Capitol Region Education Councilfoundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Capitol Region Education Councilfoundation Inc's revenue has grown by 135.7%, moving from $616K to $1.5M. Total assets increased by 300880.1% over the same period, from $267 to $804K. Total functional expenses rose by 121.9%, from $616K to $1.4M. In its most recent filing year (2024), Capitol Region Education Councilfoundation Inc reported a surplus of $85K, with revenue exceeding expenses. The organization holds $6K in liabilities against $804K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $797K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.4M | $804K | $6K | — | View 990 |
| 2023 | $1.5M | $1.6M | $1.3M | $585K | — | View 990 |
| 2022 | $857K | $789K | $1.3M | $490K | — | View 990 |
| 2021 | $970K | $764K | $711K | $20K | — | — |
| 2020 | $1.1M | $1.1M | $487K | $564 | — | View 990 |
| 2019 | $1.3M | $1.1M | $458K | $20K | — | View 990 |
| 2018 | $1.1M | $1.0M | $329K | $89K | — | — |
| 2017 | $365K | $276K | $171K | $0 | — | View 990 |
| 2016 | $386K | $312K | $82K | $0 | — | View 990 |
| 2015 | $467K | $461K | $9K | $0 | — | View 990 |
| 2014 | $628K | $625K | $3K | $0 | — | View 990 |
| 2013 | $1.0M | $1.0M | $0 | $0 | — | View 990 |
| 2012 | $885K | $885K | $845 | $0 | — | View 990 |
| 2011 | $616K | $616K | $267 | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $1.4M, and assets of $804K (revenue -5.9% year-over-year).
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $1.3M (revenue +80.0% year-over-year).
- 2022: Revenue of $857K, expenses of $789K, and assets of $1.3M (revenue -11.6% year-over-year).
- 2021: Revenue of $970K, expenses of $764K, and assets of $711K (revenue -13.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $487K (revenue -12.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $458K (revenue +17.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.0M, and assets of $329K (revenue +202.3% year-over-year).
- 2017: Revenue of $365K, expenses of $276K, and assets of $171K (revenue -5.5% year-over-year).
- 2016: Revenue of $386K, expenses of $312K, and assets of $82K (revenue -17.3% year-over-year).
- 2015: Revenue of $467K, expenses of $461K, and assets of $9K (revenue -25.6% year-over-year).
- 2014: Revenue of $628K, expenses of $625K, and assets of $3K (revenue -38.0% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.0M, and assets of $0 (revenue +14.5% year-over-year).
- 2012: Revenue of $885K, expenses of $885K, and assets of $845 (revenue +43.6% year-over-year).
- 2011: Revenue of $616K, expenses of $616K, and assets of $267.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Capitol Region Education Councilfoundation Inc:
Data Sources and Methodology
This transparency report for Capitol Region Education Councilfoundation 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.