Chapel Haven Endowment Inc
EIN: 262242797 · New Haven, CT · NTEE: X11
| Metric | Value |
|---|---|
| Total Revenue | $399K |
| Total Expenses | $603K |
| Net Assets | $10.6M |
Is Chapel Haven Endowment Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chapel Haven Endowment Inc
Chapel Haven Endowment Inc (EIN: 262242797) is a nonprofit organization based in New Haven, CT, classified under NTEE code X11. The organization reported total revenue of $399K and total assets of $14.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chapel Haven Endowment Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chapel Haven Endowment Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $603K |
| Surplus / Deficit | +$2.4M |
| Total Assets | $14.9M |
| Total Liabilities | $4.3M |
| Net Assets | $10.6M |
| Operating Margin | 79.8% |
| Debt-to-Asset Ratio | 29.0% |
| Months of Reserves | 295.9 months |
Financial Health Grade: A
In 2023, Chapel Haven Endowment Inc reported a surplus of $2.4M with revenue exceeding expenses, holds 295.9 months of operating reserves (strong position), has a debt-to-asset ratio of 29.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chapel Haven Endowment Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4720.5% | +17115.2% | +24.9% |
| 2022 | -42.8% | -97.7% | -5.6% |
| 2021 | -75.0% | -98.6% | +2.6% |
| 2020 | -95.3% | +27.0% | -44.4% |
| 2019 | +497.8% | -36.7% | -5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chapel Haven Endowment Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chapel Haven Endowment Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 29.0%.
Frequently Asked Questions about Chapel Haven Endowment Inc
Is Chapel Haven Endowment Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chapel Haven Endowment Inc (EIN: 262242797) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chapel Haven Endowment Inc spend its money?
Detailed spending breakdown data is not yet available for Chapel Haven Endowment Inc. Check back for updated IRS 990 analysis.
Are donations to Chapel Haven Endowment Inc tax-deductible?
Chapel Haven Endowment Inc is registered as a tax-exempt nonprofit (EIN: 262242797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chapel Haven Endowment Inc located?
Chapel Haven Endowment Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 262242797. It is classified under NTEE code X11.
How many years of IRS 990 filings does Chapel Haven Endowment Inc have?
Chapel Haven Endowment Inc has 13 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 $399K in total revenue.
Filing History
IRS 990 filing history for Chapel Haven Endowment Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chapel Haven Endowment Inc's revenue has grown by 274.5%, moving from $796K to $3.0M. Total assets increased by 469.4% over the same period, from $2.6M to $14.9M. Total functional expenses rose by 596977.2%, from $101 to $603K. In its most recent filing year (2023), Chapel Haven Endowment Inc reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $4.3M in liabilities against $14.9M in assets (debt-to-asset ratio: 29.0%), resulting in net assets of $10.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $603K | $14.9M | $4.3M | — | View 990 |
| 2022 | $62K | $4K | $11.9M | $4.0M | — | View 990 |
| 2021 | $108K | $155K | $12.6M | $4.3M | — | View 990 |
| 2020 | $432K | $11.5M | $12.3M | $4.4M | — | View 990 |
| 2019 | $9.2M | $9.0M | $22.1M | $3.1M | — | View 990 |
| 2018 | $1.5M | $14.3M | $23.3M | $4.6M | — | View 990 |
| 2017 | $4.0M | $1.6M | $35.0M | $2.9M | — | View 990 |
| 2016 | $28.7M | $1.4M | $32.3M | $2.8M | — | View 990 |
| 2015 | $89K | $211K | $5.3M | $5.1M | — | View 990 |
| 2014 | $103K | $100 | $5.0M | $4.6M | — | View 990 |
| 2013 | $1.2M | $1K | $4.4M | $4.0M | — | View 990 |
| 2012 | $140K | $50 | $2.8M | $400K | — | View 990 |
| 2011 | $796K | $101 | $2.6M | $2.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $603K, and assets of $14.9M (revenue +4720.5% year-over-year).
- 2022: Revenue of $62K, expenses of $4K, and assets of $11.9M (revenue -42.8% year-over-year).
- 2021: Revenue of $108K, expenses of $155K, and assets of $12.6M (revenue -75.0% year-over-year).
- 2020: Revenue of $432K, expenses of $11.5M, and assets of $12.3M (revenue -95.3% year-over-year).
- 2019: Revenue of $9.2M, expenses of $9.0M, and assets of $22.1M (revenue +497.8% year-over-year).
- 2018: Revenue of $1.5M, expenses of $14.3M, and assets of $23.3M (revenue -61.1% year-over-year).
- 2017: Revenue of $4.0M, expenses of $1.6M, and assets of $35.0M (revenue -86.2% year-over-year).
- 2016: Revenue of $28.7M, expenses of $1.4M, and assets of $32.3M (revenue +32142.1% year-over-year).
- 2015: Revenue of $89K, expenses of $211K, and assets of $5.3M (revenue -13.4% year-over-year).
- 2014: Revenue of $103K, expenses of $100, and assets of $5.0M (revenue -91.6% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1K, and assets of $4.4M (revenue +773.4% year-over-year).
- 2012: Revenue of $140K, expenses of $50, and assets of $2.8M (revenue -82.4% year-over-year).
- 2011: Revenue of $796K, expenses of $101, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chapel Haven Endowment Inc:
Data Sources and Methodology
This transparency report for Chapel Haven Endowment 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.