Connecticut Burns Care Foundation Incorporated
EIN: 61017365 · Milford, CT
| Metric | Value |
|---|---|
| Total Revenue | $492K |
| Total Expenses | $303K |
| Net Assets | $399K |
Is Connecticut Burns Care Foundation 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 Burns Care Foundation Incorporated
Connecticut Burns Care Foundation Incorporated (EIN: 61017365) is a nonprofit organization based in Milford, CT. The organization reported total revenue of $492K and total assets of $529K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Burns Care Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Burns Care Foundation Incorporated is a small nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $383K |
| Total Expenses | $303K |
| Surplus / Deficit | +$80K |
| Total Assets | $465K |
| Total Liabilities | $66K |
| Net Assets | $399K |
| Operating Margin | 20.8% |
| Debt-to-Asset Ratio | 14.2% |
| Months of Reserves | 18.4 months |
Financial Health Grade: A
In 2023, Connecticut Burns Care Foundation Incorporated reported a surplus of $80K with revenue exceeding expenses, holds 18.4 months of operating reserves (strong position), has a debt-to-asset ratio of 14.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Connecticut Burns Care Foundation Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +7.2% | -45.3% |
| 2022 | +4.2% | +21.6% | +5.0% |
| 2021 | +51.7% | +4.4% | +14.0% |
| 2020 | -45.8% | -30.8% | +13.6% |
| 2019 | -0.8% | -16.1% | +18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Connecticut Burns Care Foundation 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 Burns Care Foundation 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 $80K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.2%.
Frequently Asked Questions about Connecticut Burns Care Foundation Incorporated
Is Connecticut Burns Care Foundation Incorporated a legitimate charity?
Connecticut Burns Care Foundation Incorporated (EIN: 61017365) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $492K. No red flags identified. Financial health grade: A.
How does Connecticut Burns Care Foundation Incorporated spend its money?
Connecticut Burns Care Foundation Incorporated reported $492K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Connecticut Burns Care Foundation Incorporated tax-deductible?
Connecticut Burns Care Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 61017365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Connecticut Burns Care Foundation Incorporated located?
Connecticut Burns Care Foundation Incorporated is headquartered in Milford, Connecticut and files with the IRS under EIN 61017365.
How many years of IRS 990 filings does Connecticut Burns Care Foundation Incorporated have?
Connecticut Burns Care Foundation Incorporated 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 $492K in total revenue.
Filing History
IRS 990 filing history for Connecticut Burns Care Foundation Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Burns Care Foundation Incorporated's revenue has grown by 51.2%, moving from $253K to $383K. Total assets decreased by 1.3% over the same period, from $471K to $465K. Total functional expenses fell by 32.2%, from $448K to $303K. In its most recent filing year (2023), Connecticut Burns Care Foundation Incorporated reported a surplus of $80K, with revenue exceeding expenses. The organization holds $66K in liabilities against $465K in assets (debt-to-asset ratio: 14.2%), resulting in net assets of $399K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $383K | $303K | $465K | $66K | — | — |
| 2022 | $351K | $283K | $850K | $69K | — | View 990 |
| 2021 | $337K | $233K | $809K | $79K | — | View 990 |
| 2020 | $222K | $223K | $710K | $83K | — | — |
| 2019 | $410K | $322K | $625K | $2K | — | View 990 |
| 2018 | $413K | $384K | $528K | $2K | — | View 990 |
| 2017 | $403K | $376K | $484K | $2K | — | — |
| 2016 | $444K | $437K | $450K | $4K | — | View 990 |
| 2015 | $432K | $416K | $435K | $3K | — | View 990 |
| 2014 | $402K | $394K | $420K | $4K | — | View 990 |
| 2013 | $367K | $395K | $411K | $7K | — | View 990 |
| 2012 | $342K | $382K | $433K | $8K | — | View 990 |
| 2011 | $253K | $448K | $471K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $383K, expenses of $303K, and assets of $465K (revenue +9.1% year-over-year).
- 2022: Revenue of $351K, expenses of $283K, and assets of $850K (revenue +4.2% year-over-year).
- 2021: Revenue of $337K, expenses of $233K, and assets of $809K (revenue +51.7% year-over-year).
- 2020: Revenue of $222K, expenses of $223K, and assets of $710K (revenue -45.8% year-over-year).
- 2019: Revenue of $410K, expenses of $322K, and assets of $625K (revenue -0.8% year-over-year).
- 2018: Revenue of $413K, expenses of $384K, and assets of $528K (revenue +2.6% year-over-year).
- 2017: Revenue of $403K, expenses of $376K, and assets of $484K (revenue -9.4% year-over-year).
- 2016: Revenue of $444K, expenses of $437K, and assets of $450K (revenue +2.8% year-over-year).
- 2015: Revenue of $432K, expenses of $416K, and assets of $435K (revenue +7.5% year-over-year).
- 2014: Revenue of $402K, expenses of $394K, and assets of $420K (revenue +9.6% year-over-year).
- 2013: Revenue of $367K, expenses of $395K, and assets of $411K (revenue +7.2% year-over-year).
- 2012: Revenue of $342K, expenses of $382K, and assets of $433K (revenue +35.2% year-over-year).
- 2011: Revenue of $253K, expenses of $448K, and assets of $471K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Burns Care Foundation Incorporated:
Data Sources and Methodology
This transparency report for Connecticut Burns Care Foundation 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.