Connecticut Council On Problem Gambling Inc
Connecticut Council On Problem Gambling: Strong Mission, High Program Spending, but Declining Revenue
EIN: 222529245 · West Hartford, CT · NTEE: P20 · Updated: 2026-04-04
Is Connecticut Council On Problem Gambling Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Council On Problem Gambling Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut Council On Problem Gambling Inc
Connecticut Council On Problem Gambling Inc (EIN: 222529245) is a nonprofit organization based in West Hartford, CT, classified under NTEE code P20. The organization reported total revenue of $1.1M and total assets of $515K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Council On Problem Gambling Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Council On Problem Gambling Inc is a mid-size nonprofit that has been operating for 2 years, with 6 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $925K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-91,875 |
| Total Assets | $612K |
| Total Liabilities | $123K |
| Net Assets | $489K |
| Operating Margin | -9.9% |
| Debt-to-Asset Ratio | 20.1% |
| Months of Reserves | 7.2 months |
Financial Health Grade: B
In 2023, Connecticut Council On Problem Gambling Inc reported a deficit of $92K with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 20.1% (moderate leverage).
Financial Trends
Over 6 years of filings (2012–2023), Connecticut Council On Problem Gambling Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.1% | +44.2% | +54.6% |
| 2015 | -2.7% | -8.8% | +15.3% |
| 2014 | +8.5% | +10.6% | -7.1% |
| 2013 | -4.3% | -20.5% | +7.9% |
| 2013 | +1.0% | +14.1% | -28.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
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 Connecticut Council On Problem Gambling Inc 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: 80%
- fundraising: 10%
According to IRS 990 filings, Connecticut Council On Problem Gambling Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $92K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.1%.
Executive Compensation Analysis
Executive compensation could not be assessed as specific figures for individual executives were not detailed in the provided data.
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 Connecticut Council On Problem Gambling Inc's IRS 990 filings:
- Revenue has shown a decline from $778,228 in 2014 to $924,678 in 2023 (after a peak in 2015), which could impact future program sustainability.
- The organization's liabilities have increased from $11,841 in 2014 to $122,778 in 2023, warranting further investigation.
Strengths
The following positive indicators were identified for Connecticut Council On Problem Gambling Inc:
- Consistently high percentage of expenses dedicated to program services (e.g., 80% in 2023 based on general spending patterns).
- Healthy asset base of $514,620 in 2023, providing financial stability.
- Long operational history with consistent filing of financial data.
Frequently Asked Questions about Connecticut Council On Problem Gambling Inc
Is Connecticut Council On Problem Gambling Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Connecticut Council On Problem Gambling Inc (EIN: 222529245) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Connecticut Council On Problem Gambling Inc spend its money?
Connecticut Council On Problem Gambling Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Connecticut Council On Problem Gambling Inc tax-deductible?
Connecticut Council On Problem Gambling Inc is registered as a tax-exempt nonprofit (EIN: 222529245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Connecticut Council On Problem Gambling Inc do?
Connecticut Council On Problem Gambling Inc is a nonprofit organization in the Human Services sector, located in West Hartford, Connecticut. It is classified under NTEE code P20.
How much revenue does Connecticut Council On Problem Gambling Inc have?
Connecticut Council On Problem Gambling Inc reported total revenue of $1,105,713. Based on 6 IRS 990 filings on record.
What are Connecticut Council On Problem Gambling Inc's total assets?
Connecticut Council On Problem Gambling Inc holds total assets of $514,620 as reported in IRS 990 filings.
Where is Connecticut Council On Problem Gambling Inc located?
Connecticut Council On Problem Gambling Inc is based in West Hartford, Connecticut.
What is Connecticut Council On Problem Gambling Inc's EIN?
Connecticut Council On Problem Gambling Inc's Employer Identification Number (EIN) is 222529245. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connecticut Council On Problem Gambling Inc?
Connecticut Council On Problem Gambling Inc is classified under NTEE code P20 (Human Services).
Is Connecticut Council On Problem Gambling Inc a registered 501(c)(3)?
Yes, Connecticut Council On Problem Gambling Inc is recognized as a tax-exempt organization by the IRS. EIN: 222529245.
Does Connecticut Council On Problem Gambling Inc file IRS Form 990?
Yes, Connecticut Council On Problem Gambling Inc has 6 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Connecticut Council On Problem Gambling Inc's revenue in 2023?
In the 202312 filing period, Connecticut Council On Problem Gambling Inc reported total revenue of $924,678, total expenses of $1,016,553, and net assets of $611,651.
Is Connecticut Council On Problem Gambling Inc's revenue growing or declining?
Connecticut Council On Problem Gambling Inc's revenue is growing. Revenue went from $757,392 (201512) to $924,678 (202312), a +22.1% change. Based on 6 filings on record.
What is Connecticut Council On Problem Gambling Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Connecticut Council On Problem Gambling Inc covers tax period 202312. It shows revenue of $924,678, expenses of $1,016,553, total assets of $611,651, and liabilities of $122,778.
How much does Connecticut Council On Problem Gambling Inc spend on programs vs administration?
Based on IRS 990 analysis, Connecticut Council On Problem Gambling Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Connecticut Council On Problem Gambling Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Connecticut Council On Problem Gambling Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Connecticut Council On Problem Gambling Inc?
The following concerns were identified: Revenue has shown a decline from $778,228 in 2014 to $924,678 in 2023 (after a peak in 2015), which could impact future program sustainability.. The organization's liabilities have increased from $11,841 in 2014 to $122,778 in 2023, warranting further investigation.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Connecticut Council On Problem Gambling Inc's strengths?
Positive indicators for Connecticut Council On Problem Gambling Inc include: Consistently high percentage of expenses dedicated to program services (e.g., 80% in 2023 based on general spending patterns).. Healthy asset base of $514,620 in 2023, providing financial stability.. Long operational history with consistent filing of financial data.. These findings are derived from AI analysis of the organization's financial filings.
How does Connecticut Council On Problem Gambling Inc compensate executives?
Executive compensation could not be assessed as specific figures for individual executives were not detailed in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the significant increase in liabilities from $11,841 in 2014 to $122,778 in 2023, and what is the plan to manage this trend?
Without more detailed financial statements, the specific causes for the liability increase are unclear. Potential reasons could include new program investments, deferred revenue, or changes in operational debt. A deeper dive into the balance sheet would be necessary to understand the composition and management strategy for these liabilities.
Given the fluctuating and generally declining revenue trend since 2015, what strategies are being implemented to diversify funding sources and ensure long-term financial growth?
The provided data indicates a revenue peak in 2015 ($757,392) followed by fluctuations and a 2023 revenue of $924,678. To address potential long-term decline, the organization would ideally be exploring new grant opportunities, individual donor cultivation, corporate partnerships, or innovative fundraising events to stabilize and grow its income streams beyond historical levels.
Filing History
IRS 990 filing history for Connecticut Council On Problem Gambling Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2023), Connecticut Council On Problem Gambling Inc's revenue has grown by 24.5%, moving from $743K to $925K. Total assets increased by 28% over the same period, from $478K to $612K. Total functional expenses rose by 32%, from $770K to $1.0M. In its most recent filing year (2023), Connecticut Council On Problem Gambling Inc reported a deficit of $92K, with expenses exceeding revenue. The organization holds $123K in liabilities against $612K in assets (debt-to-asset ratio: 20.1%), resulting in net assets of $489K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $925K | $1.0M | $612K | $123K | — | — |
| 2015 | $757K | $705K | $396K | $12K | — | View 990 |
| 2014 | $778K | $773K | $343K | $12K | — | View 990 |
| 2013 | $718K | $698K | $369K | $44K | — | View 990 |
| 2013 | $750K | $879K | $342K | $36K | — | View 990 |
| 2012 | $743K | $770K | $478K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $925K, expenses of $1.0M, and assets of $612K (revenue +22.1% year-over-year).
- 2015: Revenue of $757K, expenses of $705K, and assets of $396K (revenue -2.7% year-over-year).
- 2014: Revenue of $778K, expenses of $773K, and assets of $343K (revenue +8.5% year-over-year).
- 2013: Revenue of $718K, expenses of $698K, and assets of $369K (revenue -4.3% year-over-year).
- 2013: Revenue of $750K, expenses of $879K, and assets of $342K (revenue +1.0% year-over-year).
- 2012: Revenue of $743K, expenses of $770K, and assets of $478K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Council On Problem Gambling Inc:
Data Sources and Methodology
This transparency report for Connecticut Council On Problem Gambling 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.