Chip In For A Cure
EIN: 43640741 · Bloomfield, CT · NTEE: G12
| Metric | Value |
|---|---|
| Total Expenses | $30K |
| Net Assets | $21K |
Is Chip In For A Cure Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chip In For A Cure
Chip In For A Cure (EIN: 43640741) is a nonprofit organization based in Bloomfield, CT, classified under NTEE code G12. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chip In For A Cure's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chip In For A Cure is a micro nonprofit that has been operating for 24 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -9.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $30K |
| Surplus / Deficit | +$13K |
| Total Assets | $21K |
| Net Assets | $21K |
| Operating Margin | 30.5% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2015, Chip In For A Cure reported a surplus of $13K with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Chip In For A Cure's revenue has declined at a compound annual growth rate (CAGR) of -9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +53.3% | -30.1% | +168.9% |
| 2014 | -55.1% | +1.4% | -65.4% |
| 2013 | +33.6% | -23.9% | +934.0% |
| 2012 | -27.9% | +0.4% | -79.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chip In For A Cure 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 Chip In For A Cure 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
Frequently Asked Questions about Chip In For A Cure
Is Chip In For A Cure a legitimate charity?
Chip In For A Cure (EIN: 43640741) is a registered tax-exempt nonprofit based in Connecticut. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Chip In For A Cure spend its money?
Chip In For A Cure reported its financials in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Chip In For A Cure tax-deductible?
Chip In For A Cure is registered as a tax-exempt nonprofit (EIN: 43640741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chip In For A Cure located?
Chip In For A Cure is headquartered in Bloomfield, Connecticut and files with the IRS under EIN 43640741. It is classified under NTEE code G12.
How many years of IRS 990 filings does Chip In For A Cure have?
Chip In For A Cure has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Chip In For A Cure showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Chip In For A Cure's revenue has declined by 33.6%, moving from $66K to $44K. Total assets increased by 93.6% over the same period, from $11K to $21K. Total functional expenses fell by 45.8%, from $56K to $30K. In its most recent filing year (2015), Chip In For A Cure reported a surplus of $13K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $44K | $30K | $21K | $0 | — | View 990 |
| 2014 | $28K | $43K | $8K | $0 | — | View 990 |
| 2013 | $63K | $43K | $23K | $0 | — | View 990 |
| 2012 | $47K | $56K | $2K | $0 | — | View 990 |
| 2011 | $66K | $56K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $44K, expenses of $30K, and assets of $21K (revenue +53.3% year-over-year).
- 2014: Revenue of $28K, expenses of $43K, and assets of $8K (revenue -55.1% year-over-year).
- 2013: Revenue of $63K, expenses of $43K, and assets of $23K (revenue +33.6% year-over-year).
- 2012: Revenue of $47K, expenses of $56K, and assets of $2K (revenue -27.9% year-over-year).
- 2011: Revenue of $66K, expenses of $56K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chip In For A Cure:
Data Sources and Methodology
This transparency report for Chip In For A Cure 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.