Connecticut Family Theatre Inc
Connecticut Family Theatre Inc operates with tight margins and significant liabilities relative to its modest assets.
EIN: 205956830 · West Hartford, CT · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $107K |
| Total Expenses | $125K |
| Program Spending | 85% |
| Net Assets | $-39,910 |
| Transparency Score | 65/100 |
Is Connecticut Family Theatre Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Family Theatre Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut Family Theatre Inc
Connecticut Family Theatre Inc (EIN: 205956830) is a nonprofit organization based in West Hartford, CT, classified under NTEE code A65. The organization reported total revenue of $107K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Family Theatre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Family Theatre Inc is a small nonprofit that has been operating for 19 years, with 16 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $125K |
| Total Expenses | $125K |
| Surplus / Deficit | +$124 |
| Total Assets | $12K |
| Total Liabilities | $52K |
| Net Assets | $-39,910 |
| Operating Margin | 0.1% |
| Debt-to-Asset Ratio | 435.1% |
| Months of Reserves | 1.1 months |
Financial Health Grade: B
In 2023, Connecticut Family Theatre Inc reported a surplus of $124 with revenue exceeding expenses, holds 1.1 months of operating reserves (limited), has a debt-to-asset ratio of 435.1% (high leverage).
Financial Trends
Over 16 years of filings (2009–2023), Connecticut Family Theatre Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.1% | -10.9% | +20.3% |
| 2022 | +68.1% | +46.1% | -23.9% |
| 2021 | +67.7% | -5.6% | -15.5% |
| 2020 | -57.4% | -13.4% | +48.8% |
| 2019 | +9.3% | +9.2% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Family Theatre Inc with a Mission Score of 65 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Connecticut Family Theatre Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $124, with revenue exceeding expenses.
- Debt-to-asset ratio: 435.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization or one with no paid officers, which is highly efficient in terms of leadership costs for an organization of its size.
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 Family Theatre Inc's IRS 990 filings:
- Significant liabilities relative to assets (e.g., $51,820 liabilities vs. $11,910 assets in 2023)
- Frequent operating deficits or extremely tight margins (e.g., 2021: $84,545 revenue, $95,935 expenses; 2020: $50,415 revenue, $101,651 expenses)
- Modest and fluctuating asset base, indicating limited financial reserves.
Strengths
The following positive indicators were identified for Connecticut Family Theatre Inc:
- Zero executive compensation, indicating efficient use of funds at the leadership level.
- Consistent filing history, demonstrating transparency in reporting.
- Long operational history (16 filings), suggesting sustained community presence.
Frequently Asked Questions about Connecticut Family Theatre Inc
Is Connecticut Family Theatre Inc a legitimate charity?
Connecticut Family Theatre Inc (EIN: 205956830) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 16 years of IRS 990 filings on record. Total revenue: $107K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Connecticut Family Theatre Inc spend its money?
Connecticut Family Theatre Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Connecticut Family Theatre Inc tax-deductible?
Connecticut Family Theatre Inc is registered as a tax-exempt nonprofit (EIN: 205956830). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Connecticut Family Theatre Inc's spending goes to programs?
Connecticut Family Theatre Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Connecticut Family Theatre Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Connecticut Family Theatre Inc is above average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Connecticut Family Theatre Inc located?
Connecticut Family Theatre Inc is headquartered in West Hartford, Connecticut and files with the IRS under EIN 205956830. It is classified under NTEE code A65.
How many years of IRS 990 filings does Connecticut Family Theatre Inc have?
Connecticut Family Theatre Inc has 16 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 $107K in total revenue.
Is Connecticut Family Theatre Inc financially stable?
The organization's financial stability is questionable due to consistently tight operating margins and significant liabilities ($51,820 in 2023) that far exceed its modest assets ($11,910 in 2023).
How does the organization manage its expenses?
Connecticut Family Theatre Inc consistently spends nearly all its revenue, with expenses often closely matching or exceeding income, suggesting a 'break-even' operational model that leaves little room for building reserves.
What is the trend in the organization's liabilities?
Liabilities have been substantial and increasing in recent years, reaching $51,820 in 2023 and $55,144 in 2022, a significant increase from $0 in 2019 and $1,209 in 2018.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-based leadership structure.
Filing History
IRS 990 filing history for Connecticut Family Theatre Inc showing financial trends over 16 years of public records:
Over 16 years of IRS 990 filings (2009–2023), Connecticut Family Theatre Inc's revenue has grown by 113.9%, moving from $58K to $125K. Total assets increased by 318.2% over the same period, from $3K to $12K. Total functional expenses rose by 107.3%, from $60K to $125K. In its most recent filing year (2023), Connecticut Family Theatre Inc reported a surplus of $124, with revenue exceeding expenses. The organization holds $52K in liabilities against $12K in assets (debt-to-asset ratio: 435.1%), resulting in net assets of $-39,910.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $125K | $125K | $12K | $52K | — | — |
| 2022 | $142K | $140K | $10K | $55K | — | View 990 |
| 2021 | $85K | $96K | $13K | $57K | — | View 990 |
| 2020 | $50K | $102K | $15K | $58K | — | View 990 |
| 2019 | $118K | $117K | $10K | $0 | — | View 990 |
| 2018 | $108K | $108K | $11K | $1K | — | View 990 |
| 2017 | $100K | $95K | $9K | $0 | — | View 990 |
| 2016 | $72K | $75K | $1 | $3K | — | View 990 |
| 2015 | $114K | $116K | $1 | $355 | — | View 990 |
| 2014 | $139K | $138K | $2K | $492 | — | View 990 |
| 2013 | $122K | $120K | $4K | $4K | — | View 990 |
| 2012 | $98K | $97K | $2K | $4K | — | View 990 |
| 2011 | $68K | $68K | $504 | $3K | — | View 990 |
| 2010 | $48K | $49K | $1K | $4K | — | View 990 |
| 2009 | $11K | $12K | $2K | $4K | — | View 990 |
| 2009 | $58K | $60K | $3K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $125K, expenses of $125K, and assets of $12K (revenue -12.1% year-over-year).
- 2022: Revenue of $142K, expenses of $140K, and assets of $10K (revenue +68.1% year-over-year).
- 2021: Revenue of $85K, expenses of $96K, and assets of $13K (revenue +67.7% year-over-year).
- 2020: Revenue of $50K, expenses of $102K, and assets of $15K (revenue -57.4% year-over-year).
- 2019: Revenue of $118K, expenses of $117K, and assets of $10K (revenue +9.3% year-over-year).
- 2018: Revenue of $108K, expenses of $108K, and assets of $11K (revenue +8.2% year-over-year).
- 2017: Revenue of $100K, expenses of $95K, and assets of $9K (revenue +38.3% year-over-year).
- 2016: Revenue of $72K, expenses of $75K, and assets of $1 (revenue -36.7% year-over-year).
- 2015: Revenue of $114K, expenses of $116K, and assets of $1 (revenue -17.9% year-over-year).
- 2014: Revenue of $139K, expenses of $138K, and assets of $2K (revenue +13.9% year-over-year).
- 2013: Revenue of $122K, expenses of $120K, and assets of $4K (revenue +25.3% year-over-year).
- 2012: Revenue of $98K, expenses of $97K, and assets of $2K (revenue +42.9% year-over-year).
- 2011: Revenue of $68K, expenses of $68K, and assets of $504 (revenue +40.8% year-over-year).
- 2010: Revenue of $48K, expenses of $49K, and assets of $1K (revenue +349.2% year-over-year).
- 2009: Revenue of $11K, expenses of $12K, and assets of $2K (revenue -81.5% year-over-year).
- 2009: Revenue of $58K, expenses of $60K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Family Theatre Inc:
Data Sources and Methodology
This transparency report for Connecticut Family Theatre 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.