Connecticut Hospitality Educational Association Inc
Connecticut Hospitality Educational Association Inc. maintains strong financial health with zero officer compensation and consistent asset growth.
EIN: 100000594 · Wethersfield, CT · NTEE: B03 · Updated: 2026-03-27
Is Connecticut Hospitality Educational Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Hospitality Educational Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut Hospitality Educational Association Inc
Connecticut Hospitality Educational Association Inc (EIN: 100000594) is a nonprofit organization based in Wethersfield, CT, classified under NTEE code B03. The organization reported total revenue of $116K and total assets of $246K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Hospitality Educational Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connecticut Hospitality Educational Association Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Connecticut Hospitality Educational Association 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with assets reaching $265,370.
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 Hospitality Educational Association Inc:
- Zero officer compensation across all filings, indicating volunteer leadership.
- Consistent asset growth, demonstrating strong financial management.
- Zero liabilities reported, signifying a debt-free operation.
- Expenses consistently below revenue in most periods, leading to surpluses.
- Regular and consistent IRS 990 filing history, indicating transparency.
Frequently Asked Questions about Connecticut Hospitality Educational Association Inc
Is Connecticut Hospitality Educational Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Connecticut Hospitality Educational Association Inc (EIN: 100000594) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Connecticut Hospitality Educational Association Inc spend its money?
Connecticut Hospitality Educational Association Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Connecticut Hospitality Educational Association Inc tax-deductible?
Connecticut Hospitality Educational Association Inc is registered as a tax-exempt nonprofit (EIN: 100000594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Connecticut Hospitality Educational Association Inc. a good charity?
Based on the provided financial data, the Connecticut Hospitality Educational Association Inc. appears to be a very good charity. They consistently report 0% officer compensation, have no liabilities, and show consistent asset growth, indicating strong financial health and a commitment to their mission.
How does the organization manage its finances without paid officers?
The organization's ability to operate and grow its assets without paid officers suggests a highly dedicated volunteer board and efficient operational management, likely leveraging volunteer efforts for administrative and programmatic functions.
What caused the significant revenue spike in 2021?
The data does not specify the exact cause, but a revenue spike from $206,588 in 2020 to $609,690 in 2021 could be due to a large grant, a successful fundraising event, or a significant increase in program fees or membership dues during that period.
Are there any concerns about the organization's long-term sustainability given revenue fluctuations?
While revenue has fluctuated, the organization has consistently maintained a positive net income (revenue exceeding expenses) in most years and has zero liabilities, which suggests a resilient financial model. The consistent asset growth also provides a buffer against potential future revenue dips.
Filing History
IRS 990 filing history for Connecticut Hospitality Educational Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Hospitality Educational Association Inc's revenue has grown by 360%, moving from $31K to $141K. Total assets increased by 1147.4% over the same period, from $21K to $265K. Total functional expenses rose by 466.1%, from $17K to $95K. In its most recent filing year (2023), Connecticut Hospitality Educational Association Inc reported a surplus of $46K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $141K | $95K | $265K | $0 | — | — |
| 2022 | $132K | $91K | $219K | $0 | — | — |
| 2021 | $610K | $547K | $178K | $0 | — | View 990 |
| 2020 | $207K | $161K | $115K | $0 | — | — |
| 2019 | $40K | $33K | $70K | $0 | — | View 990 |
| 2018 | $49K | $26K | $63K | $0 | — | View 990 |
| 2017 | $39K | $28K | $39K | $0 | — | View 990 |
| 2016 | $53K | $40K | $29K | $0 | — | View 990 |
| 2015 | $32K | $42K | $17K | $449 | — | View 990 |
| 2014 | $43K | $44K | $26K | $0 | — | View 990 |
| 2013 | $35K | $33K | $27K | $0 | — | View 990 |
| 2012 | $30K | $27K | $24K | $0 | — | View 990 |
| 2011 | $31K | $17K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $141K, expenses of $95K, and assets of $265K (revenue +7.1% year-over-year).
- 2022: Revenue of $132K, expenses of $91K, and assets of $219K (revenue -78.4% year-over-year).
- 2021: Revenue of $610K, expenses of $547K, and assets of $178K (revenue +195.1% year-over-year).
- 2020: Revenue of $207K, expenses of $161K, and assets of $115K (revenue +416.6% year-over-year).
- 2019: Revenue of $40K, expenses of $33K, and assets of $70K (revenue -19.2% year-over-year).
- 2018: Revenue of $49K, expenses of $26K, and assets of $63K (revenue +28.3% year-over-year).
- 2017: Revenue of $39K, expenses of $28K, and assets of $39K (revenue -26.9% year-over-year).
- 2016: Revenue of $53K, expenses of $40K, and assets of $29K (revenue +64.6% year-over-year).
- 2015: Revenue of $32K, expenses of $42K, and assets of $17K (revenue -26.2% year-over-year).
- 2014: Revenue of $43K, expenses of $44K, and assets of $26K (revenue +22.3% year-over-year).
- 2013: Revenue of $35K, expenses of $33K, and assets of $27K (revenue +18.9% year-over-year).
- 2012: Revenue of $30K, expenses of $27K, and assets of $24K (revenue -2.9% year-over-year).
- 2011: Revenue of $31K, expenses of $17K, and assets of $21K.
Data Sources and Methodology
This transparency report for Connecticut Hospitality Educational Association 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.