Community Connections Real Estate Foundation
Community Connections Real Estate Foundation consistently grows assets with zero reported officer compensation.
EIN: 10818232 · Washington, DC · NTEE: S47 · Updated: 2026-03-28
Is Community Connections Real Estate Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Connections Real Estate Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Connections Real Estate Foundation
Community Connections Real Estate Foundation (EIN: 10818232) is a nonprofit organization based in Washington, DC, classified under NTEE code S47. The organization reported total revenue of $2.3M and total assets of $18.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Connections Real Estate Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Connections Real Estate Foundation is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$611K |
| Total Assets | $18.1M |
| Total Liabilities | $7.9M |
| Net Assets | $10.2M |
| Operating Margin | 33.9% |
| Debt-to-Asset Ratio | 43.5% |
| Months of Reserves | 182.7 months |
Financial Health Grade: A
In 2023, Community Connections Real Estate Foundation reported a surplus of $611K with revenue exceeding expenses, holds 182.7 months of operating reserves (strong position), has a debt-to-asset ratio of 43.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Community Connections Real Estate Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.3% | +19.8% | +2.3% |
| 2022 | +4.7% | -57.7% | -0.1% |
| 2021 | +5.3% | +134.2% | -2.3% |
| 2020 | +3.5% | -47.8% | +4.7% |
| 2019 | +-0.0% | +83.3% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Community Connections Real Estate Foundation with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Community Connections Real Estate Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $611K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, indicating a strong commitment to directing funds to its mission and high transparency regarding leadership remuneration. This is highly unusual and commendable for an organization with assets exceeding $18 million.
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 Community Connections Real Estate Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data (though overall efficiency is high)
Strengths
The following positive indicators were identified for Community Connections Real Estate Foundation:
- Consistent asset growth, reaching over $18 million in 2023.
- Zero reported officer compensation across all filings, indicating high transparency and mission focus.
- Revenue consistently exceeds expenses in most years, demonstrating strong financial management.
- Long filing history (13 filings) indicates sustained operation and compliance.
- Strong financial health with a healthy balance sheet (Assets $18M vs. Liabilities $7.8M in 2023).
Frequently Asked Questions about Community Connections Real Estate Foundation
Is Community Connections Real Estate Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Connections Real Estate Foundation (EIN: 10818232) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Community Connections Real Estate Foundation spend its money?
Community Connections Real Estate Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Connections Real Estate Foundation tax-deductible?
Community Connections Real Estate Foundation is registered as a tax-exempt nonprofit (EIN: 10818232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Community Connections Real Estate Foundation financially stable?
Yes, the organization appears financially stable. Its assets have consistently grown, reaching $18,123,113 in 2023, and revenue generally exceeds expenses, allowing for asset accumulation.
How does Community Connections Real Estate Foundation manage executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries are paid to its officers, which is a strong positive for transparency and resource allocation.
What is the trend in the organization's assets?
Assets have shown a consistent upward trend over the past decade, growing from $15,551,540 in 2014 to $18,123,113 in 2023, demonstrating financial growth and capacity building.
Does the organization spend efficiently?
Yes, the organization appears to spend efficiently. In most years, expenses are significantly lower than revenue (e.g., $1,190,367 expenses vs. $1,801,530 revenue in 2023), allowing for asset growth and indicating good financial management.
Filing History
IRS 990 filing history for Community Connections Real Estate Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Connections Real Estate Foundation's revenue has grown by 16%, moving from $1.6M to $1.8M. Total assets increased by 18.2% over the same period, from $15.3M to $18.1M. Total functional expenses rose by 5.1%, from $1.1M to $1.2M. In its most recent filing year (2023), Community Connections Real Estate Foundation reported a surplus of $611K, with revenue exceeding expenses. The organization holds $7.9M in liabilities against $18.1M in assets (debt-to-asset ratio: 43.5%), resulting in net assets of $10.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.2M | $18.1M | $7.9M | — | View 990 |
| 2022 | $2.2M | $994K | $17.7M | $8.3M | — | — |
| 2021 | $2.1M | $2.3M | $17.7M | $8.7M | — | View 990 |
| 2020 | $2.0M | $1.0M | $18.2M | $9.1M | — | — |
| 2019 | $2.0M | $1.9M | $17.3M | $9.4M | — | View 990 |
| 2018 | $2.0M | $1.0M | $17.6M | $9.7M | — | View 990 |
| 2017 | $2.1M | $1.2M | $17.0M | $10.1M | — | View 990 |
| 2016 | $1.9M | $1.3M | $16.6M | $10.6M | — | View 990 |
| 2015 | $2.0M | $1.2M | $15.9M | $10.8M | — | View 990 |
| 2014 | $2.0M | $1.1M | $15.6M | $11.1M | — | View 990 |
| 2013 | $1.8M | $1.5M | $15.2M | $11.6M | — | View 990 |
| 2012 | $1.7M | $1.2M | $15.4M | $12.1M | — | View 990 |
| 2011 | $1.6M | $1.1M | $15.3M | $12.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.2M, and assets of $18.1M (revenue -19.3% year-over-year).
- 2022: Revenue of $2.2M, expenses of $994K, and assets of $17.7M (revenue +4.7% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.3M, and assets of $17.7M (revenue +5.3% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.0M, and assets of $18.2M (revenue +3.5% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.9M, and assets of $17.3M (revenue +-0.0% year-over-year).
- 2018: Revenue of $2.0M, expenses of $1.0M, and assets of $17.6M (revenue -8.7% year-over-year).
- 2017: Revenue of $2.1M, expenses of $1.2M, and assets of $17.0M (revenue +11.7% year-over-year).
- 2016: Revenue of $1.9M, expenses of $1.3M, and assets of $16.6M (revenue -3.6% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.2M, and assets of $15.9M (revenue +0.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.1M, and assets of $15.6M (revenue +7.6% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.5M, and assets of $15.2M (revenue +9.3% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.2M, and assets of $15.4M (revenue +8.2% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.1M, and assets of $15.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Connections Real Estate Foundation:
Data Sources and Methodology
This transparency report for Community Connections Real Estate Foundation 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.