Confluence Philanthropy Inc
EIN: 273018135 · New York, NY · NTEE: T193
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $451K |
| Net Assets | $2.1M |
Is Confluence Philanthropy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Confluence Philanthropy Inc
Confluence Philanthropy Inc (EIN: 273018135) is a nonprofit organization based in New York, NY, classified under NTEE code T193. The organization reported total revenue of $2.6M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Confluence Philanthropy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Confluence Philanthropy Inc is a mid-size nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $247K |
| Total Expenses | $451K |
| Surplus / Deficit | $-204,349 |
| Total Assets | $2.4M |
| Total Liabilities | $327K |
| Net Assets | $2.1M |
| Operating Margin | -82.8% |
| Debt-to-Asset Ratio | 13.7% |
| Months of Reserves | 63.2 months |
Financial Health Grade: B
In 2023, Confluence Philanthropy Inc reported a deficit of $204K with expenses exceeding revenue, holds 63.2 months of operating reserves (strong position), has a debt-to-asset ratio of 13.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2023), Confluence Philanthropy Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.6% | -80.2% | -9.8% |
| 2023 | +-0.0% | -2.4% | +4.2% |
| 2022 | -9.4% | +56.7% | +3.0% |
| 2021 | +36.8% | -3.8% | +91.8% |
| 2020 | +11.8% | -5.9% | +61.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Confluence Philanthropy Inc 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 Confluence Philanthropy Inc 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 $204K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.7%.
Frequently Asked Questions about Confluence Philanthropy Inc
Is Confluence Philanthropy Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Confluence Philanthropy Inc (EIN: 273018135) insufficient data. 0 red flags identified, 0 strengths noted.
How does Confluence Philanthropy Inc spend its money?
Detailed spending breakdown data is not yet available for Confluence Philanthropy Inc. Check back for updated IRS 990 analysis.
Are donations to Confluence Philanthropy Inc tax-deductible?
Confluence Philanthropy Inc is registered as a tax-exempt nonprofit (EIN: 273018135). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Confluence Philanthropy Inc located?
Confluence Philanthropy Inc is headquartered in New York, New York and files with the IRS under EIN 273018135. It is classified under NTEE code T193.
How many years of IRS 990 filings does Confluence Philanthropy Inc have?
Confluence Philanthropy Inc has 14 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 $2.6M in total revenue.
Filing History
IRS 990 filing history for Confluence Philanthropy Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Confluence Philanthropy Inc's revenue has declined by 16.6%, moving from $296K to $247K. Total assets increased by 2415.9% over the same period, from $95K to $2.4M. Total functional expenses rose by 86.9%, from $241K to $451K. In its most recent filing year (2023), Confluence Philanthropy Inc reported a deficit of $204K, with expenses exceeding revenue. The organization holds $327K in liabilities against $2.4M in assets (debt-to-asset ratio: 13.7%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $247K | $451K | $2.4M | $327K | — | — |
| 2023 | $2.4M | $2.3M | $2.6M | $376K | — | View 990 |
| 2022 | $2.4M | $2.3M | $2.5M | $376K | — | View 990 |
| 2021 | $2.6M | $1.5M | $2.5M | $322K | — | View 990 |
| 2020 | $1.9M | $1.5M | $1.3M | $295K | — | — |
| 2019 | $1.7M | $1.6M | $795K | $178K | — | View 990 |
| 2018 | $1.4M | $1.4M | $740K | $192K | — | View 990 |
| 2017 | $1.0M | $1.0M | $642K | $73K | — | View 990 |
| 2016 | $1.1M | $752K | $675K | $97K | — | View 990 |
| 2015 | $630K | $627K | $250K | $25K | — | View 990 |
| 2014 | $510K | $469K | $228K | $4K | — | View 990 |
| 2013 | $431K | $395K | $213K | $31K | — | View 990 |
| 2012 | $407K | $316K | $164K | $18K | — | View 990 |
| 2011 | $296K | $241K | $95K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $247K, expenses of $451K, and assets of $2.4M (revenue -89.6% year-over-year).
- 2023: Revenue of $2.4M, expenses of $2.3M, and assets of $2.6M (revenue +-0.0% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.3M, and assets of $2.5M (revenue -9.4% year-over-year).
- 2021: Revenue of $2.6M, expenses of $1.5M, and assets of $2.5M (revenue +36.8% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.5M, and assets of $1.3M (revenue +11.8% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $795K (revenue +24.0% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $740K (revenue +33.4% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.0M, and assets of $642K (revenue -6.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $752K, and assets of $675K (revenue +75.4% year-over-year).
- 2015: Revenue of $630K, expenses of $627K, and assets of $250K (revenue +23.5% year-over-year).
- 2014: Revenue of $510K, expenses of $469K, and assets of $228K (revenue +18.4% year-over-year).
- 2013: Revenue of $431K, expenses of $395K, and assets of $213K (revenue +5.9% year-over-year).
- 2012: Revenue of $407K, expenses of $316K, and assets of $164K (revenue +37.4% year-over-year).
- 2011: Revenue of $296K, expenses of $241K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Confluence Philanthropy Inc:
Data Sources and Methodology
This transparency report for Confluence Philanthropy 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.