Connecticut Academy Of Science And Engineering Incorporated
EIN: 60945458 · East Hartford, CT · NTEE: U20B
| Metric | Value |
|---|---|
| Total Revenue | $517K |
| Total Expenses | $341K |
| Net Assets | $402K |
Is Connecticut Academy Of Science And Engineering Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Connecticut Academy Of Science And Engineering Incorporated
Connecticut Academy Of Science And Engineering Incorporated (EIN: 60945458) is a nonprofit organization based in East Hartford, CT, classified under NTEE code U20B. The organization reported total revenue of $517K and total assets of $901K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Academy Of Science And Engineering Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Academy Of Science And Engineering Incorporated is a small nonprofit that has been operating for 50 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $413K |
| Total Expenses | $341K |
| Surplus / Deficit | +$71K |
| Total Assets | $887K |
| Total Liabilities | $485K |
| Net Assets | $402K |
| Operating Margin | 17.3% |
| Debt-to-Asset Ratio | 54.7% |
| Months of Reserves | 31.2 months |
Financial Health Grade: A
In 2023, Connecticut Academy Of Science And Engineering Incorporated reported a surplus of $71K with revenue exceeding expenses, holds 31.2 months of operating reserves (strong position), has a debt-to-asset ratio of 54.7% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Connecticut Academy Of Science And Engineering Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +43.7% | +54.6% | +5.0% |
| 2022 | +60.7% | -15.8% | +205.2% |
| 2021 | -28.5% | -3.6% | -34.2% |
| 2020 | +2.6% | -13.5% | -16.4% |
| 2019 | -9.6% | -16.8% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Connecticut Academy Of Science And Engineering Incorporated 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 Connecticut Academy Of Science And Engineering Incorporated 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 $71K, with revenue exceeding expenses.
- Debt-to-asset ratio: 54.7%.
Frequently Asked Questions about Connecticut Academy Of Science And Engineering Incorporated
Is Connecticut Academy Of Science And Engineering Incorporated a legitimate charity?
Connecticut Academy Of Science And Engineering Incorporated (EIN: 60945458) is a registered tax-exempt nonprofit based in Connecticut. It has 12 years of IRS 990 filings on record. Total revenue: $517K. No red flags identified. Financial health grade: A.
How does Connecticut Academy Of Science And Engineering Incorporated spend its money?
Connecticut Academy Of Science And Engineering Incorporated reported $517K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Connecticut Academy Of Science And Engineering Incorporated tax-deductible?
Connecticut Academy Of Science And Engineering Incorporated is registered as a tax-exempt nonprofit (EIN: 60945458). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Connecticut Academy Of Science And Engineering Incorporated located?
Connecticut Academy Of Science And Engineering Incorporated is headquartered in East Hartford, Connecticut and files with the IRS under EIN 60945458. It is classified under NTEE code U20B.
How many years of IRS 990 filings does Connecticut Academy Of Science And Engineering Incorporated have?
Connecticut Academy Of Science And Engineering Incorporated has 12 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 $517K in total revenue.
Filing History
IRS 990 filing history for Connecticut Academy Of Science And Engineering Incorporated showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Connecticut Academy Of Science And Engineering Incorporated's revenue has declined by 36.4%, moving from $649K to $413K. Total assets increased by 54.9% over the same period, from $573K to $887K. Total functional expenses fell by 43.7%, from $606K to $341K. In its most recent filing year (2023), Connecticut Academy Of Science And Engineering Incorporated reported a surplus of $71K, with revenue exceeding expenses. The organization holds $485K in liabilities against $887K in assets (debt-to-asset ratio: 54.7%), resulting in net assets of $402K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $413K | $341K | $887K | $485K | — | — |
| 2022 | $287K | $221K | $845K | $512K | — | View 990 |
| 2021 | $179K | $262K | $277K | $7K | — | View 990 |
| 2020 | $250K | $272K | $420K | $66K | — | View 990 |
| 2019 | $244K | $315K | $503K | $125K | — | View 990 |
| 2018 | $270K | $378K | $483K | $38K | — | View 990 |
| 2017 | $462K | $574K | $668K | $109K | — | View 990 |
| 2016 | $858K | $814K | $732K | $58K | — | View 990 |
| 2015 | $691K | $648K | $672K | $49K | — | View 990 |
| 2014 | $705K | $685K | $674K | $93K | — | View 990 |
| 2013 | $819K | $800K | $659K | $102K | — | View 990 |
| 2012 | $649K | $606K | $573K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $413K, expenses of $341K, and assets of $887K (revenue +43.7% year-over-year).
- 2022: Revenue of $287K, expenses of $221K, and assets of $845K (revenue +60.7% year-over-year).
- 2021: Revenue of $179K, expenses of $262K, and assets of $277K (revenue -28.5% year-over-year).
- 2020: Revenue of $250K, expenses of $272K, and assets of $420K (revenue +2.6% year-over-year).
- 2019: Revenue of $244K, expenses of $315K, and assets of $503K (revenue -9.6% year-over-year).
- 2018: Revenue of $270K, expenses of $378K, and assets of $483K (revenue -41.7% year-over-year).
- 2017: Revenue of $462K, expenses of $574K, and assets of $668K (revenue -46.1% year-over-year).
- 2016: Revenue of $858K, expenses of $814K, and assets of $732K (revenue +24.2% year-over-year).
- 2015: Revenue of $691K, expenses of $648K, and assets of $672K (revenue -2.0% year-over-year).
- 2014: Revenue of $705K, expenses of $685K, and assets of $674K (revenue -13.9% year-over-year).
- 2013: Revenue of $819K, expenses of $800K, and assets of $659K (revenue +26.2% year-over-year).
- 2012: Revenue of $649K, expenses of $606K, and assets of $573K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Academy Of Science And Engineering Incorporated:
Data Sources and Methodology
This transparency report for Connecticut Academy Of Science And Engineering Incorporated 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.