Connecticut Association Of Adult Day Centers Inc

Connecticut Adult Day Centers: Stable Finances, Low Overhead

EIN: 222672829 · Rocky Hill, CT · NTEE: P700 · Updated: 2026-04-04

$72KRevenue
$54KAssets
75/100Mission Score (Good)
P700
Connecticut Association Of Adult Day Centers Inc Financial Summary
MetricValue
Total Revenue$72K
Total Expenses$66K
Program Spending75%
CEO/Top Officer Pay$0
Net Assets$49K
Transparency Score75/100

Is Connecticut Association Of Adult Day Centers Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Connecticut Association Of Adult Day Centers Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Connecticut Association Of Adult Day Centers Inc

Connecticut Association Of Adult Day Centers Inc (EIN: 222672829) is a nonprofit organization based in Rocky Hill, CT, classified under NTEE code P700. The organization reported total revenue of $72K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Association Of Adult Day Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

43Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Connecticut Association Of Adult Day Centers Inc is a micro nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$58K
Total Expenses$66K
Surplus / Deficit$-8,070
Total Assets$79K
Total Liabilities$30K
Net Assets$49K
Operating Margin-14.0%
Debt-to-Asset Ratio37.9%
Months of Reserves14.3 months

Financial Health Grade: B

In 2023, Connecticut Association Of Adult Day Centers Inc reported a deficit of $8K with expenses exceeding revenue, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 37.9% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Connecticut Association Of Adult Day Centers Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023-4.5%+1.6%-3.6%
2022+61.9%+60.1%-7.5%
2021+7.9%+4.0%-2.3%
2020-34.0%-23.2%-4.3%
2019-9.7%+3.0%+2.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1983

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Connecticut Association Of Adult Day Centers Inc is a human services nonprofit based in Rocky Hill, Connecticut, with reported revenue of $72K and assets of $54K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led organization or that key leadership roles are unpaid, which is highly favorable for donor funds. Revenue has grown +82% across 13 filing periods.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Connecticut Association Of Adult Day Centers Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 75%
  • fundraising: 10%

According to IRS 990 filings, Connecticut Association Of Adult Day Centers Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:

$58KTotal Revenue
$66KTotal Expenses
$79KTotal Assets
$30KTotal Liabilities
$49KNet Assets
  • The organization reported a deficit of $8K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 37.9%.

Executive Compensation Analysis

Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led organization or that key leadership roles are unpaid, which is highly favorable for donor funds.

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.

Strengths

The following positive indicators were identified for Connecticut Association Of Adult Day Centers Inc:

  • Consistent reporting of $0 executive compensation, maximizing funds for programs.
  • Stable financial position with assets consistently exceeding liabilities.
  • Lean operational expenses relative to revenue.

Frequently Asked Questions about Connecticut Association Of Adult Day Centers Inc

Is Connecticut Association Of Adult Day Centers Inc a legitimate charity?

Connecticut Association Of Adult Day Centers Inc (EIN: 222672829) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $72K. No red flags identified. 3 strengths noted. Financial health grade: B.

How does Connecticut Association Of Adult Day Centers Inc spend its money?

Connecticut Association Of Adult Day Centers Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Connecticut Association Of Adult Day Centers Inc tax-deductible?

Connecticut Association Of Adult Day Centers Inc is registered as a tax-exempt nonprofit (EIN: 222672829). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Connecticut Association Of Adult Day Centers Inc CEO make?

Connecticut Association Of Adult Day Centers Inc's highest-compensated officer earns $0 annually. The organization reported $72K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Connecticut Association Of Adult Day Centers Inc's spending goes to programs?

Connecticut Association Of Adult Day Centers Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Connecticut Association Of Adult Day Centers Inc compare to similar nonprofits?

With a transparency score of 75/100 (Good), Connecticut Association Of Adult Day Centers Inc is above average for NTEE category P700 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Connecticut Association Of Adult Day Centers Inc located?

Connecticut Association Of Adult Day Centers Inc is headquartered in Rocky Hill, Connecticut and files with the IRS under EIN 222672829. It is classified under NTEE code P700.

How many years of IRS 990 filings does Connecticut Association Of Adult Day Centers Inc have?

Connecticut Association Of Adult Day Centers Inc 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 $72K in total revenue.

What does Connecticut Association Of Adult Day Centers Inc do?

Connecticut Association Of Adult Day Centers Inc is a nonprofit organization in the Human Services sector, located in Rocky Hill, Connecticut. It is classified under NTEE code P700.

How much revenue does Connecticut Association Of Adult Day Centers Inc have?

Connecticut Association Of Adult Day Centers Inc reported total revenue of $71,871. Based on 13 IRS 990 filings on record.

What are Connecticut Association Of Adult Day Centers Inc's total assets?

Connecticut Association Of Adult Day Centers Inc holds total assets of $54,360 as reported in IRS 990 filings.

Where is Connecticut Association Of Adult Day Centers Inc located?

Connecticut Association Of Adult Day Centers Inc is based in Rocky Hill, Connecticut.

What is Connecticut Association Of Adult Day Centers Inc's EIN?

Connecticut Association Of Adult Day Centers Inc's Employer Identification Number (EIN) is 222672829. This is the unique tax ID assigned by the IRS for tax-exempt organizations.

What type of nonprofit is Connecticut Association Of Adult Day Centers Inc?

Connecticut Association Of Adult Day Centers Inc is classified under NTEE code P700 (Human Services).

Is Connecticut Association Of Adult Day Centers Inc a registered 501(c)(3)?

Yes, Connecticut Association Of Adult Day Centers Inc is recognized as a tax-exempt organization by the IRS. EIN: 222672829.

Does Connecticut Association Of Adult Day Centers Inc file IRS Form 990?

Yes, Connecticut Association Of Adult Day Centers Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.

What was Connecticut Association Of Adult Day Centers Inc's revenue in 2023?

In the 202312 filing period, Connecticut Association Of Adult Day Centers Inc reported total revenue of $57,827, total expenses of $65,897, and net assets of $78,653.

Is Connecticut Association Of Adult Day Centers Inc's revenue growing or declining?

Connecticut Association Of Adult Day Centers Inc's revenue is relatively stable. Revenue went from $60,578 (202212) to $57,827 (202312), a -4.5% change. Based on 13 filings on record.

What is Connecticut Association Of Adult Day Centers Inc's most recent 990 filing?

The most recent IRS Form 990 filing for Connecticut Association Of Adult Day Centers Inc covers tax period 202312. It shows revenue of $57,827, expenses of $65,897, total assets of $78,653, and liabilities of $29,800.

How much does Connecticut Association Of Adult Day Centers Inc spend on programs vs administration?

Based on IRS 990 analysis, Connecticut Association Of Adult Day Centers Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.

Is Connecticut Association Of Adult Day Centers Inc a trustworthy charity?

Based on AI analysis of IRS 990 data, Connecticut Association Of Adult Day Centers Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.

What are Connecticut Association Of Adult Day Centers Inc's strengths?

Positive indicators for Connecticut Association Of Adult Day Centers Inc include: Consistent reporting of $0 executive compensation, maximizing funds for programs.. Stable financial position with assets consistently exceeding liabilities.. Lean operational expenses relative to revenue.. These findings are derived from AI analysis of the organization's financial filings.

How does Connecticut Association Of Adult Day Centers Inc compensate executives?

Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led organization or that key leadership roles are unpaid, which is highly favorable for donor funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.

Given the consistent $0 executive compensation, how does the organization sustain its administrative and operational functions?

The consistent $0 executive compensation suggests that the organization relies heavily on volunteer efforts for leadership and administrative tasks, or that any paid staff are not considered 'highest compensated' under IRS guidelines, allowing a greater proportion of funds to be directed towards its mission.

Filing History

IRS 990 filing history for Connecticut Association Of Adult Day Centers Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Connecticut Association Of Adult Day Centers Inc's revenue has grown by 82.2%, moving from $32K to $58K. Total assets increased by 4.6% over the same period, from $75K to $79K. Total functional expenses rose by 73.1%, from $38K to $66K. In its most recent filing year (2023), Connecticut Association Of Adult Day Centers Inc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $30K in liabilities against $79K in assets (debt-to-asset ratio: 37.9%), resulting in net assets of $49K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $58K $66K $79K $30K View 990
2022 $61K $65K $82K $25K View 990
2021 $37K $41K $88K $27K
2020 $35K $39K $90K $26K
2019 $53K $51K $94K $26K View 990
2018 $58K $49K $92K $25K View 990
2017 $44K $40K $85K $27K View 990
2016 $40K $40K $79K $26K View 990
2015 $41K $41K $81K $28K View 990
2014 $42K $41K $77K $25K View 990
2013 $36K $39K $76K $25K View 990
2012 $43K $40K $55K $0 View 990
2011 $32K $38K $75K $24K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $58K, expenses of $66K, and assets of $79K (revenue -4.5% year-over-year).
  • 2022: Revenue of $61K, expenses of $65K, and assets of $82K (revenue +61.9% year-over-year).
  • 2021: Revenue of $37K, expenses of $41K, and assets of $88K (revenue +7.9% year-over-year).
  • 2020: Revenue of $35K, expenses of $39K, and assets of $90K (revenue -34.0% year-over-year).
  • 2019: Revenue of $53K, expenses of $51K, and assets of $94K (revenue -9.7% year-over-year).
  • 2018: Revenue of $58K, expenses of $49K, and assets of $92K (revenue +31.6% year-over-year).
  • 2017: Revenue of $44K, expenses of $40K, and assets of $85K (revenue +10.8% year-over-year).
  • 2016: Revenue of $40K, expenses of $40K, and assets of $79K (revenue -3.5% year-over-year).
  • 2015: Revenue of $41K, expenses of $41K, and assets of $81K (revenue -2.8% year-over-year).
  • 2014: Revenue of $42K, expenses of $41K, and assets of $77K (revenue +18.9% year-over-year).
  • 2013: Revenue of $36K, expenses of $39K, and assets of $76K (revenue -16.6% year-over-year).
  • 2012: Revenue of $43K, expenses of $40K, and assets of $55K (revenue +35.0% year-over-year).
  • 2011: Revenue of $32K, expenses of $38K, and assets of $75K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Connecticut Association Of Adult Day Centers Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Connecticut Association Of Adult Day Centers 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.

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