Cnu New England Inc

Cnu New England Inc. maintains zero liabilities and no officer compensation amidst fluctuating revenues.

EIN: 201268409 · Hartford, CT · NTEE: B99 · Updated: 2026-03-28

$6KRevenue

$17KAssets

85/100Mission Score (Excellent)

B99

About Cnu New England Inc

Cnu New England Inc (EIN: 201268409) is a nonprofit organization based in Hartford, CT, classified under NTEE code B99. The organization reported total revenue of $6K and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cnu New England Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cnu New England Inc. demonstrates a fluctuating financial history, with revenues and expenses varying significantly year-over-year. For instance, revenue peaked at $125,064 in 2015 but dropped to $2,900 in 2022 before recovering to $11,605 in 2023. Despite these fluctuations, the organization consistently reports $0 in liabilities across all available filings, indicating a healthy balance sheet free of debt. The organization's assets have shown a general upward trend, from $4,660 in 2015 to $16,020 in 2023, suggesting some financial growth over time.

Regarding spending efficiency, the organization's expenses have generally tracked its revenue, with periods of slight deficits (e.g., $20,276 expenses vs. $19,322 revenue in 2021) and surpluses (e.g., $6,382 expenses vs. $11,605 revenue in 2023). The consistent reporting of 0% officer compensation across all filings is a significant positive indicator of efficiency and a commitment to directing funds towards the mission rather than executive salaries. This also contributes positively to transparency, as it clearly shows where funds are not being allocated.

Overall, Cnu New England Inc. appears to be a small, volunteer-driven organization given the lack of officer compensation. Its financial health is stable with no liabilities, and its assets are growing. While revenue can be unpredictable, the organization manages its expenses within its means. The consistent filing of IRS 990 forms over 13 periods further demonstrates a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cnu New England 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, Cnu New England 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that no officers receive salaries, which is highly unusual for an organization of any size and suggests a volunteer-led structure.

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 Cnu New England Inc's IRS 990 filings:

Highly fluctuating annual revenues, making financial planning potentially challenging.

Strengths

The following positive indicators were identified for Cnu New England Inc:

Consistent 0% officer compensation across all filings, indicating high efficiency and volunteer leadership.
Zero liabilities reported in all available filings, demonstrating strong financial health and no debt.
Consistent filing of IRS 990 forms over 13 periods, showing a commitment to transparency.
Assets have shown a general growth trend over the past decade.

Frequently Asked Questions about Cnu New England Inc

Is Cnu New England Inc. a good charity?

Based on the available data, Cnu New England Inc. appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation and $0 liabilities, indicating strong financial stewardship and a focus on its mission without executive salary burdens.

How does Cnu New England Inc. manage its expenses?

The organization generally manages its expenses within its revenue, as seen in 2023 where expenses were $6,382 against $11,605 in revenue, and in 2022 with $534 expenses against $2,900 revenue. There have been occasional years with slight deficits, such as 2021 ($20,276 expenses vs. $19,322 revenue), but these are not persistent.

What is the trend in Cnu New England Inc.'s assets?

Cnu New England Inc.'s assets have shown a general upward trend over the past decade, growing from $4,660 in 2015 to $16,020 in 2023, indicating a slow but steady accumulation of resources.

Filing History

IRS 990 filing history for Cnu New England Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Cnu New England Inc's revenue has declined by 80.9%, moving from $61K to $12K. Total assets increased by 388.6% over the same period, from $3K to $16K. Total functional expenses fell by 90.4%, from $66K to $6K. In its most recent filing year (2023), Cnu New England Inc reported a surplus of $5K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$12K	$6K	$16K	$0	—	—
2022	$3K	$534	$11K	$0	—	View 990
2021	$19K	$20K	$8K	$0	—	—
2020	$7K	$708	$9K	$0	—	—
2019	$2K	$5K	$3K	$0	—	View 990
2018	$38K	$35K	$6K	$0	—	View 990
2017	$50K	$55K	$3K	$0	—	View 990
2016	$75K	$72K	$8K	$0	—	View 990
2015	$125K	$125K	$5K	$0	—	View 990
2014	$97K	$94K	$5K	$0	—	View 990
2013	$17K	$17K	$2K	$0	—	View 990
2012	$23K	$25K	$946	$0	—	View 990
2011	$61K	$66K	$3K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $12K, expenses of $6K, and assets of $16K (revenue +300.2% year-over-year).
2022: Revenue of $3K, expenses of $534, and assets of $11K (revenue -85.0% year-over-year).
2021: Revenue of $19K, expenses of $20K, and assets of $8K (revenue +183.1% year-over-year).
2020: Revenue of $7K, expenses of $708, and assets of $9K (revenue +190.8% year-over-year).
2019: Revenue of $2K, expenses of $5K, and assets of $3K (revenue -93.8% year-over-year).
2018: Revenue of $38K, expenses of $35K, and assets of $6K (revenue -24.0% year-over-year).
2017: Revenue of $50K, expenses of $55K, and assets of $3K (revenue -34.3% year-over-year).
2016: Revenue of $75K, expenses of $72K, and assets of $8K (revenue -39.7% year-over-year).
2015: Revenue of $125K, expenses of $125K, and assets of $5K (revenue +28.7% year-over-year).
2014: Revenue of $97K, expenses of $94K, and assets of $5K (revenue +456.8% year-over-year).
2013: Revenue of $17K, expenses of $17K, and assets of $2K (revenue -23.2% year-over-year).
2012: Revenue of $23K, expenses of $25K, and assets of $946 (revenue -62.6% year-over-year).
2011: Revenue of $61K, expenses of $66K, and assets of $3K.

Data Sources and Methodology

This transparency report for Cnu New England 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.