Connecticit State Building Trades Charitable Trust
Connecticut State Building Trades Charitable Trust maintains stable finances with no officer compensation.
EIN: 207544142 · East Haven, CT · NTEE: P12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $38K |
| Program Spending | 90% |
| Net Assets | $28K |
| Transparency Score | 85/100 |
Is Connecticit State Building Trades Charitable Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticit State Building Trades Charitable Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticit State Building Trades Charitable Trust
Connecticit State Building Trades Charitable Trust (EIN: 207544142) is a nonprofit organization based in East Haven, CT, classified under NTEE code P12. The organization reported total revenue of $74K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticit State Building Trades Charitable Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticit State Building Trades Charitable Trust is a micro nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $37K |
| Total Expenses | $38K |
| Surplus / Deficit | $-726 |
| Total Assets | $28K |
| Net Assets | $28K |
| Operating Margin | -1.9% |
| Months of Reserves | 9.0 months |
Financial Health Grade: B
In 2023, Connecticit State Building Trades Charitable Trust reported a deficit of $726 with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Connecticit State Building Trades Charitable Trust's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.7% | -2.9% | -2.5% |
| 2022 | +171.5% | +202.6% | +9.9% |
| 2021 | +61.2% | +227.8% | +10.2% |
| 2020 | -28.7% | -74.3% | +30.3% |
| 2019 | -39.2% | -31.3% | -9.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
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 Connecticit State Building Trades Charitable Trust 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, Connecticit State Building Trades Charitable Trust 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $726, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating that the organization is likely run by volunteers or that compensation is covered by an affiliated entity, which is a positive sign for direct program funding.
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 Connecticit State Building Trades Charitable Trust's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
Strengths
The following positive indicators were identified for Connecticit State Building Trades Charitable Trust:
- Zero officer compensation across all reported periods
- Consistent financial stability with low expenses relative to revenue
- Zero liabilities in most recent filings, indicating strong financial health
- Consistent IRS 990 filing history, demonstrating transparency
- Steady growth in assets over the past few years
Frequently Asked Questions about Connecticit State Building Trades Charitable Trust
Is Connecticit State Building Trades Charitable Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Connecticit State Building Trades Charitable Trust (EIN: 207544142) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Connecticit State Building Trades Charitable Trust spend its money?
Connecticit State Building Trades Charitable Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Connecticit State Building Trades Charitable Trust tax-deductible?
Connecticit State Building Trades Charitable Trust is registered as a tax-exempt nonprofit (EIN: 207544142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Connecticit State Building Trades Charitable Trust compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Connecticit State Building Trades Charitable Trust is above average for NTEE category P12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Connecticit State Building Trades Charitable Trust located?
Connecticit State Building Trades Charitable Trust is headquartered in East Haven, Connecticut and files with the IRS under EIN 207544142. It is classified under NTEE code P12.
How many years of IRS 990 filings does Connecticit State Building Trades Charitable Trust have?
Connecticit State Building Trades Charitable Trust 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 $74K in total revenue.
Is Connecticit State Building Trades Charitable Trust a good charity?
Based on the provided financial data, the Trust appears to be a well-managed charity, particularly due to its consistent financial stability, zero liabilities, and the absence of officer compensation, suggesting efficient use of funds for its mission.
How has the organization's revenue trended over the past few years?
The organization's revenue has shown an upward trend in recent years, increasing from $9,549 in 2020 to $41,796 in 2022, before a slight decrease to $37,305 in 2023.
What is the organization's asset-to-liability ratio?
The organization consistently maintains a very strong asset-to-liability ratio, with assets of $31,196 and liabilities of $0 in the latest period, indicating excellent financial solvency.
Filing History
IRS 990 filing history for Connecticit State Building Trades Charitable Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticit State Building Trades Charitable Trust's revenue has grown by 154.7%, moving from $15K to $37K. Total assets increased by 41.4% over the same period, from $20K to $28K. Total functional expenses rose by 126.6%, from $17K to $38K. In its most recent filing year (2023), Connecticit State Building Trades Charitable Trust reported a deficit of $726, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $37K | $38K | $28K | $0 | — | — |
| 2022 | $42K | $39K | $29K | $0 | — | View 990 |
| 2021 | $15K | $13K | $27K | $0 | — | View 990 |
| 2020 | $10K | $4K | $24K | $0 | — | — |
| 2019 | $13K | $15K | $18K | $0 | — | View 990 |
| 2018 | $22K | $22K | $20K | $0 | — | View 990 |
| 2017 | $23K | $21K | $21K | $0 | — | — |
| 2016 | $21K | $22K | $18K | $0 | — | View 990 |
| 2015 | $12K | $16K | $19K | $0 | — | View 990 |
| 2014 | $17K | $11K | $23K | $686 | — | View 990 |
| 2013 | $13K | $14K | $17K | $1K | — | View 990 |
| 2012 | $11K | $15K | $22K | $5K | — | View 990 |
| 2011 | $15K | $17K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $37K, expenses of $38K, and assets of $28K (revenue -10.7% year-over-year).
- 2022: Revenue of $42K, expenses of $39K, and assets of $29K (revenue +171.5% year-over-year).
- 2021: Revenue of $15K, expenses of $13K, and assets of $27K (revenue +61.2% year-over-year).
- 2020: Revenue of $10K, expenses of $4K, and assets of $24K (revenue -28.7% year-over-year).
- 2019: Revenue of $13K, expenses of $15K, and assets of $18K (revenue -39.2% year-over-year).
- 2018: Revenue of $22K, expenses of $22K, and assets of $20K (revenue -5.0% year-over-year).
- 2017: Revenue of $23K, expenses of $21K, and assets of $21K (revenue +8.1% year-over-year).
- 2016: Revenue of $21K, expenses of $22K, and assets of $18K (revenue +71.6% year-over-year).
- 2015: Revenue of $12K, expenses of $16K, and assets of $19K (revenue -28.2% year-over-year).
- 2014: Revenue of $17K, expenses of $11K, and assets of $23K (revenue +38.0% year-over-year).
- 2013: Revenue of $13K, expenses of $14K, and assets of $17K (revenue +12.5% year-over-year).
- 2012: Revenue of $11K, expenses of $15K, and assets of $22K (revenue -23.4% year-over-year).
- 2011: Revenue of $15K, expenses of $17K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticit State Building Trades Charitable Trust:
Data Sources and Methodology
This transparency report for Connecticit State Building Trades Charitable Trust 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.