Commons Community Development Corporation
EIN: 882522804 · Hebron, CT · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $17K |
| Net Assets | $13K |
Is Commons Community Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Commons Community Development Corporation
Commons Community Development Corporation (EIN: 882522804) is a nonprofit organization based in Hebron, CT, classified under NTEE code S20. The organization reported total revenue of $311K and total assets of $346K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Commons Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Commons Community Development Corporation is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $17K |
| Surplus / Deficit | +$10K |
| Total Assets | $13K |
| Net Assets | $13K |
| Operating Margin | 36.6% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Commons Community Development Corporation reported a surplus of $10K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Commons Community Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.4% | -33.0% | +251.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Commons Community Development Corporation 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 Commons Community Development Corporation 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 $10K, with revenue exceeding expenses.
Frequently Asked Questions about Commons Community Development Corporation
Is Commons Community Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Commons Community Development Corporation (EIN: 882522804) insufficient data. 0 red flags identified, 0 strengths noted.
How does Commons Community Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Commons Community Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Commons Community Development Corporation tax-deductible?
Commons Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 882522804). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Commons Community Development Corporation located?
Commons Community Development Corporation is headquartered in Hebron, Connecticut and files with the IRS under EIN 882522804. It is classified under NTEE code S20.
How many years of IRS 990 filings does Commons Community Development Corporation have?
Commons Community Development Corporation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $311K in total revenue.
Filing History
IRS 990 filing history for Commons Community Development Corporation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Commons Community Development Corporation's revenue has declined by 8.4%, moving from $29K to $26K. Total assets increased by 251.2% over the same period, from $4K to $13K. Total functional expenses fell by 33%, from $25K to $17K. In its most recent filing year (2023), Commons Community Development Corporation reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $17K | $13K | $0 | — | View 990 |
| 2022 | $29K | $25K | $4K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Commons Community Development Corporation:
Data Sources and Methodology
This transparency report for Commons Community Development Corporation 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.