Central Connecticut Board No 6 Inc
Central Connecticut Board No 6 Inc maintains stable operations with no officer compensation and zero liabilities, despite fluctuating revenues and a declining asset base.
EIN: 204043875 · West Hartford, CT · NTEE: S40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $89K |
| Total Expenses | $91K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $90,000. |
| Net Assets | $45K |
| Transparency Score | 85/100 |
Is Central Connecticut Board No 6 Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Connecticut Board No 6 Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Connecticut Board No 6 Inc
Central Connecticut Board No 6 Inc (EIN: 204043875) is a nonprofit organization based in West Hartford, CT, classified under NTEE code S40. The organization reported total revenue of $89K and total assets of $46K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Connecticut Board No 6 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Connecticut Board No 6 Inc is a micro nonprofit that has been operating for 6 years, with 6 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $87K |
| Total Expenses | $91K |
| Surplus / Deficit | $-3,402 |
| Total Assets | $45K |
| Net Assets | $45K |
| Operating Margin | -3.9% |
| Months of Reserves | 5.9 months |
Financial Health Grade: B
In 2024, Central Connecticut Board No 6 Inc reported a deficit of $3K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate).
Financial Trends
Over 6 years of filings (2019–2024), Central Connecticut Board No 6 Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.3% | +19.0% | -7.1% |
| 2023 | +9.7% | -19.9% | +20.7% |
| 2022 | +47.9% | +73.3% | -31.2% |
| 2021 | -39.2% | -41.0% | -4.6% |
| 2020 | +2.2% | +7.4% | -10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2020 |
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 Central Connecticut Board No 6 Inc with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Central Connecticut Board No 6 Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 deficit of $3K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for an organization of this size with revenues typically under $90,000.
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 Central Connecticut Board No 6 Inc's IRS 990 filings:
- Declining asset base over the past six years, from $68,168 in 2019 to $44,758 in 2024.
Strengths
The following positive indicators were identified for Central Connecticut Board No 6 Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency.
- Zero liabilities reported in all filings, demonstrating strong financial management and no debt.
- Stable revenue and expense levels, generally between $75,000 and $95,000, indicating consistent operations.
Frequently Asked Questions about Central Connecticut Board No 6 Inc
Is Central Connecticut Board No 6 Inc a legitimate charity?
Central Connecticut Board No 6 Inc (EIN: 204043875) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $89K. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Central Connecticut Board No 6 Inc spend its money?
Central Connecticut Board No 6 Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Central Connecticut Board No 6 Inc tax-deductible?
Central Connecticut Board No 6 Inc is registered as a tax-exempt nonprofit (EIN: 204043875). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Central Connecticut Board No 6 Inc CEO make?
Central Connecticut Board No 6 Inc's highest-compensated officer earns $90,000. annually. The organization reported $89K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Central Connecticut Board No 6 Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Central Connecticut Board No 6 Inc is above average for NTEE category S40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Central Connecticut Board No 6 Inc located?
Central Connecticut Board No 6 Inc is headquartered in West Hartford, Connecticut and files with the IRS under EIN 204043875. It is classified under NTEE code S40.
How many years of IRS 990 filings does Central Connecticut Board No 6 Inc have?
Central Connecticut Board No 6 Inc has 6 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 $89K in total revenue.
Is Central Connecticut Board No 6 Inc a good charity?
Based on the provided data, Central Connecticut Board No 6 Inc appears to be a well-managed organization with strong financial efficiency, particularly due to its 0% officer compensation and zero liabilities. This suggests that nearly all funds are directed towards its mission.
How has the organization's financial stability changed over time?
The organization's financial stability has been relatively consistent in terms of revenue and expenses, but its assets have decreased from $68,168 in 2019 to $44,758 in 2024, indicating a reduction in its financial reserves.
What is the organization's approach to executive compensation?
Central Connecticut Board No 6 Inc reports 0% officer compensation in all available filings, meaning no salaries are paid to its executives, which is a highly efficient practice.
Filing History
IRS 990 filing history for Central Connecticut Board No 6 Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2019–2024), Central Connecticut Board No 6 Inc's revenue has grown by 4.1%, moving from $84K to $87K. Total assets decreased by 34.3% over the same period, from $68K to $45K. Total functional expenses rose by 4.7%, from $87K to $91K. In its most recent filing year (2024), Central Connecticut Board No 6 Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $87K | $91K | $45K | $0 | — | — |
| 2023 | $84K | $76K | $48K | $0 | — | — |
| 2022 | $77K | $95K | $40K | $0 | — | — |
| 2021 | $52K | $55K | $58K | $0 | — | — |
| 2020 | $86K | $93K | $61K | $0 | — | View 990 |
| 2019 | $84K | $87K | $68K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $87K, expenses of $91K, and assets of $45K (revenue +3.3% year-over-year).
- 2023: Revenue of $84K, expenses of $76K, and assets of $48K (revenue +9.7% year-over-year).
- 2022: Revenue of $77K, expenses of $95K, and assets of $40K (revenue +47.9% year-over-year).
- 2021: Revenue of $52K, expenses of $55K, and assets of $58K (revenue -39.2% year-over-year).
- 2020: Revenue of $86K, expenses of $93K, and assets of $61K (revenue +2.2% year-over-year).
- 2019: Revenue of $84K, expenses of $87K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Connecticut Board No 6 Inc:
Data Sources and Methodology
This transparency report for Central Connecticut Board No 6 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.