Cifc 120 Main Holding Corp
EIN: 453734329 · Danbury, CT · NTEE: S47
| Metric | Value |
|---|---|
| Total Revenue | $418K |
| Total Expenses | $555K |
| Net Assets | $8.9M |
Is Cifc 120 Main Holding Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cifc 120 Main Holding Corp
Cifc 120 Main Holding Corp (EIN: 453734329) is a nonprofit organization based in Danbury, CT, classified under NTEE code S47. The organization reported total revenue of $418K and total assets of $17.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cifc 120 Main Holding Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cifc 120 Main Holding Corp is a small nonprofit that has been operating for 13 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $370K |
| Total Expenses | $555K |
| Surplus / Deficit | $-184,950 |
| Total Assets | $18.2M |
| Total Liabilities | $9.3M |
| Net Assets | $8.9M |
| Operating Margin | -50.0% |
| Debt-to-Asset Ratio | 51.0% |
| Months of Reserves | 394.2 months |
Financial Health Grade: C
In 2023, Cifc 120 Main Holding Corp reported a deficit of $185K with expenses exceeding revenue, holds 394.2 months of operating reserves (strong position), has a debt-to-asset ratio of 51.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cifc 120 Main Holding Corp's revenue has declined at a compound annual growth rate (CAGR) of -6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +105.6% | +34.2% | -0.7% |
| 2022 | +-0.0% | -17.8% | +42.9% |
| 2021 | -0.1% | -0.3% | -2.1% |
| 2020 | -0.9% | +-0.0% | -2.2% |
| 2019 | -0.6% | -0.2% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cifc 120 Main Holding Corp 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 Cifc 120 Main Holding Corp 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 deficit of $185K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.0%.
Frequently Asked Questions about Cifc 120 Main Holding Corp
Is Cifc 120 Main Holding Corp a legitimate charity?
Cifc 120 Main Holding Corp (EIN: 453734329) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $418K. No red flags identified. Financial health grade: C.
How does Cifc 120 Main Holding Corp spend its money?
Cifc 120 Main Holding Corp reported $418K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cifc 120 Main Holding Corp tax-deductible?
Cifc 120 Main Holding Corp is registered as a tax-exempt nonprofit (EIN: 453734329). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cifc 120 Main Holding Corp located?
Cifc 120 Main Holding Corp is headquartered in Danbury, Connecticut and files with the IRS under EIN 453734329. It is classified under NTEE code S47.
How many years of IRS 990 filings does Cifc 120 Main Holding Corp have?
Cifc 120 Main Holding Corp 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 $418K in total revenue.
Filing History
IRS 990 filing history for Cifc 120 Main Holding Corp showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cifc 120 Main Holding Corp's revenue has declined by 53.7%, moving from $800K to $370K. Total assets increased by 1265.6% over the same period, from $1.3M to $18.2M. In its most recent filing year (2023), Cifc 120 Main Holding Corp reported a deficit of $185K, with expenses exceeding revenue. The organization holds $9.3M in liabilities against $18.2M in assets (debt-to-asset ratio: 51.0%), resulting in net assets of $8.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $370K | $555K | $18.2M | $9.3M | — | — |
| 2022 | $180K | $414K | $18.4M | $9.2M | — | View 990 |
| 2021 | $180K | $503K | $12.8M | $13.9M | — | View 990 |
| 2020 | $180K | $505K | $13.1M | $13.8M | — | View 990 |
| 2019 | $182K | $505K | $13.4M | $13.8M | — | View 990 |
| 2018 | $183K | $506K | $13.8M | $13.8M | — | View 990 |
| 2017 | $174K | $353K | $14.2M | $13.9M | — | — |
| 2016 | $821 | $81K | $16.2M | $15.8M | — | View 990 |
| 2015 | $392 | $50K | $15.9M | $15.3M | — | View 990 |
| 2014 | $0 | $3K | $1.9M | $1.1M | — | View 990 |
| 2013 | $0 | $895 | $1.4M | $641K | — | View 990 |
| 2012 | $0 | $100 | $1.3M | $541K | — | View 990 |
| 2011 | $800K | $0 | $1.3M | $535K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $370K, expenses of $555K, and assets of $18.2M (revenue +105.6% year-over-year).
- 2022: Revenue of $180K, expenses of $414K, and assets of $18.4M (revenue +-0.0% year-over-year).
- 2021: Revenue of $180K, expenses of $503K, and assets of $12.8M (revenue -0.1% year-over-year).
- 2020: Revenue of $180K, expenses of $505K, and assets of $13.1M (revenue -0.9% year-over-year).
- 2019: Revenue of $182K, expenses of $505K, and assets of $13.4M (revenue -0.6% year-over-year).
- 2018: Revenue of $183K, expenses of $506K, and assets of $13.8M (revenue +5.3% year-over-year).
- 2017: Revenue of $174K, expenses of $353K, and assets of $14.2M (revenue +21059.8% year-over-year).
- 2016: Revenue of $821, expenses of $81K, and assets of $16.2M (revenue +109.4% year-over-year).
- 2015: Revenue of $392, expenses of $50K, and assets of $15.9M.
- 2014: Revenue of $0, expenses of $3K, and assets of $1.9M.
- 2013: Revenue of $0, expenses of $895, and assets of $1.4M.
- 2012: Revenue of $0, expenses of $100, and assets of $1.3M (revenue -100.0% year-over-year).
- 2011: Revenue of $800K, expenses of $0, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cifc 120 Main Holding Corp:
Data Sources and Methodology
This transparency report for Cifc 120 Main Holding Corp 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.