Connecticut Assoc Of Adult & Continuing Education
EIN: 61268661 · Unionville, CT · NTEE: B03
| Metric | Value |
|---|---|
| Total Revenue | $211K |
| Total Expenses | $165K |
| Net Assets | $129K |
Is Connecticut Assoc Of Adult & Continuing Education Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Connecticut Assoc Of Adult & Continuing Education
Connecticut Assoc Of Adult & Continuing Education (EIN: 61268661) is a nonprofit organization based in Unionville, CT, classified under NTEE code B03. The organization reported total revenue of $211K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Assoc Of Adult & Continuing Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Assoc Of Adult & Continuing Education is a small nonprofit that has been operating for 12 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $165K |
| Total Expenses | $165K |
| Surplus / Deficit | $-464 |
| Total Assets | $134K |
| Total Liabilities | $5K |
| Net Assets | $129K |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 4.0% |
| Months of Reserves | 9.7 months |
Financial Health Grade: B
In 2023, Connecticut Assoc Of Adult & Continuing Education reported a deficit of $464 with expenses exceeding revenue, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Connecticut Assoc Of Adult & Continuing Education's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +67.7% | +59.4% | +0.1% |
| 2022 | -8.0% | +19.7% | -2.0% |
| 2021 | -20.4% | -1.3% | +18.0% |
| 2020 | -16.5% | -42.5% | +70.6% |
| 2019 | +3.4% | -0.8% | -20.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Connecticut Assoc Of Adult & Continuing Education 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 Assoc Of Adult & Continuing Education 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 $464, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.0%.
Frequently Asked Questions about Connecticut Assoc Of Adult & Continuing Education
Is Connecticut Assoc Of Adult & Continuing Education a legitimate charity?
Based on AI analysis of IRS 990 filings, Connecticut Assoc Of Adult & Continuing Education (EIN: 61268661) insufficient data. 0 red flags identified, 0 strengths noted.
How does Connecticut Assoc Of Adult & Continuing Education spend its money?
Detailed spending breakdown data is not yet available for Connecticut Assoc Of Adult & Continuing Education. Check back for updated IRS 990 analysis.
Are donations to Connecticut Assoc Of Adult & Continuing Education tax-deductible?
Connecticut Assoc Of Adult & Continuing Education is registered as a tax-exempt nonprofit (EIN: 61268661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Connecticut Assoc Of Adult & Continuing Education located?
Connecticut Assoc Of Adult & Continuing Education is headquartered in Unionville, Connecticut and files with the IRS under EIN 61268661. It is classified under NTEE code B03.
How many years of IRS 990 filings does Connecticut Assoc Of Adult & Continuing Education have?
Connecticut Assoc Of Adult & Continuing Education 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 $211K in total revenue.
Filing History
IRS 990 filing history for Connecticut Assoc Of Adult & Continuing Education showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Assoc Of Adult & Continuing Education's revenue has grown by 25.1%, moving from $132K to $165K. Total assets increased by 270.7% over the same period, from $36K to $134K. Total functional expenses rose by 31%, from $126K to $165K. In its most recent filing year (2023), Connecticut Assoc Of Adult & Continuing Education reported a deficit of $464, with expenses exceeding revenue. The organization holds $5K in liabilities against $134K in assets (debt-to-asset ratio: 4.0%), resulting in net assets of $129K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $165K | $165K | $134K | $5K | — | View 990 |
| 2022 | $98K | $104K | $134K | $5K | — | View 990 |
| 2021 | $107K | $87K | $137K | $2K | — | View 990 |
| 2020 | $134K | $88K | $116K | $2K | — | View 990 |
| 2019 | $161K | $153K | $68K | $0 | — | View 990 |
| 2018 | $156K | $154K | $86K | $26K | — | View 990 |
| 2017 | $155K | $148K | $58K | $0 | — | View 990 |
| 2016 | $159K | $144K | $51K | $0 | — | View 990 |
| 2015 | $135K | $138K | $36K | $0 | — | View 990 |
| 2014 | $146K | $140K | $40K | $0 | — | View 990 |
| 2013 | $143K | $144K | $34K | $0 | — | View 990 |
| 2012 | $132K | $132K | $37K | $895 | — | View 990 |
| 2011 | $132K | $126K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $165K, expenses of $165K, and assets of $134K (revenue +67.7% year-over-year).
- 2022: Revenue of $98K, expenses of $104K, and assets of $134K (revenue -8.0% year-over-year).
- 2021: Revenue of $107K, expenses of $87K, and assets of $137K (revenue -20.4% year-over-year).
- 2020: Revenue of $134K, expenses of $88K, and assets of $116K (revenue -16.5% year-over-year).
- 2019: Revenue of $161K, expenses of $153K, and assets of $68K (revenue +3.4% year-over-year).
- 2018: Revenue of $156K, expenses of $154K, and assets of $86K (revenue +0.7% year-over-year).
- 2017: Revenue of $155K, expenses of $148K, and assets of $58K (revenue -2.8% year-over-year).
- 2016: Revenue of $159K, expenses of $144K, and assets of $51K (revenue +18.2% year-over-year).
- 2015: Revenue of $135K, expenses of $138K, and assets of $36K (revenue -7.6% year-over-year).
- 2014: Revenue of $146K, expenses of $140K, and assets of $40K (revenue +2.1% year-over-year).
- 2013: Revenue of $143K, expenses of $144K, and assets of $34K (revenue +7.8% year-over-year).
- 2012: Revenue of $132K, expenses of $132K, and assets of $37K (revenue +0.3% year-over-year).
- 2011: Revenue of $132K, expenses of $126K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Assoc Of Adult & Continuing Education:
Data Sources and Methodology
This transparency report for Connecticut Assoc Of Adult & Continuing Education 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.