Connecticut Pardon Team Inc
Connecticut Pardon Team Inc maintains stable finances with no reported officer compensation.
EIN: 204324453 · Norwich, CT · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $120K |
| Total Expenses | $104K |
| Program Spending | 85% |
| Net Assets | $32K |
| Transparency Score | 85/100 |
Is Connecticut Pardon Team Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Pardon Team Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut Pardon Team Inc
Connecticut Pardon Team Inc (EIN: 204324453) is a nonprofit organization based in Norwich, CT, classified under NTEE code P99. The organization reported total revenue of $120K and total assets of $35K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Pardon Team Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Pardon Team Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $98K |
| Total Expenses | $104K |
| Surplus / Deficit | $-6,534 |
| Total Assets | $32K |
| Net Assets | $32K |
| Operating Margin | -6.7% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Connecticut Pardon Team Inc reported a deficit of $7K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Connecticut Pardon Team Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.6% | +12.0% | -17.1% |
| 2022 | +3.7% | +18.4% | +1.0% |
| 2021 | +15.4% | +13.3% | +10.2% |
| 2020 | -7.5% | -16.6% | +95.0% |
| 2019 | -1.0% | -2.6% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Pardon Team 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: 85%
- fundraising: 5%
According to IRS 990 filings, Connecticut Pardon Team 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 deficit of $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit 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.
Strengths
The following positive indicators were identified for Connecticut Pardon Team Inc:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs.
- Stable revenue generation over a long period, suggesting reliable funding.
- Modest but consistent asset growth, building financial reserves.
- Minimal to zero liabilities in recent years, indicating strong financial health.
- Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
Frequently Asked Questions about Connecticut Pardon Team Inc
Is Connecticut Pardon Team Inc a legitimate charity?
Connecticut Pardon Team Inc (EIN: 204324453) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $120K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Connecticut Pardon Team Inc spend its money?
Connecticut Pardon Team Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Connecticut Pardon Team Inc tax-deductible?
Connecticut Pardon Team Inc is registered as a tax-exempt nonprofit (EIN: 204324453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Connecticut Pardon Team Inc's spending goes to programs?
Connecticut Pardon Team Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Connecticut Pardon Team Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Connecticut Pardon Team Inc is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Connecticut Pardon Team Inc located?
Connecticut Pardon Team Inc is headquartered in Norwich, Connecticut and files with the IRS under EIN 204324453. It is classified under NTEE code P99.
How many years of IRS 990 filings does Connecticut Pardon Team Inc have?
Connecticut Pardon Team 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 $120K in total revenue.
Is Connecticut Pardon Team Inc a good charity?
Based on the provided data, Connecticut Pardon Team Inc appears to be a well-managed charity. It consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries. Its financial history shows stable revenue and asset growth, with minimal liabilities.
How has the organization's financial health changed over time?
The organization's financial health has remained relatively stable, with revenues consistently in the range of $80,000-$100,000 annually. Assets have shown modest growth from around $16,000 in 2018 to over $31,000 in 2023, while liabilities have been consistently low or zero in recent years, indicating prudent financial management.
What is the trend in the organization's assets?
The organization's assets have generally increased over the past few years, from $16,369 in 2018 to $31,566 in 2023, demonstrating a positive trend in building its financial reserves.
Filing History
IRS 990 filing history for Connecticut Pardon Team Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Pardon Team Inc's revenue has grown by 21.9%, moving from $80K to $98K. Total assets increased by 63.3% over the same period, from $19K to $32K. Total functional expenses rose by 55.6%, from $67K to $104K. In its most recent filing year (2023), Connecticut Pardon Team Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $98K | $104K | $32K | $0 | — | View 990 |
| 2022 | $93K | $93K | $38K | $0 | — | View 990 |
| 2021 | $90K | $78K | $38K | $0 | — | — |
| 2020 | $78K | $69K | $34K | $8K | — | — |
| 2019 | $84K | $83K | $18K | $0 | — | View 990 |
| 2018 | $85K | $85K | $16K | $0 | — | View 990 |
| 2017 | $96K | $94K | $16K | $0 | — | View 990 |
| 2016 | $105K | $110K | $14K | $0 | — | View 990 |
| 2015 | $103K | $113K | $20K | $0 | — | View 990 |
| 2014 | $104K | $98K | $32K | $2K | — | View 990 |
| 2013 | $104K | $97K | $31K | $7K | — | View 990 |
| 2012 | $84K | $86K | $26K | $10K | — | View 990 |
| 2011 | $80K | $67K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $98K, expenses of $104K, and assets of $32K (revenue +4.6% year-over-year).
- 2022: Revenue of $93K, expenses of $93K, and assets of $38K (revenue +3.7% year-over-year).
- 2021: Revenue of $90K, expenses of $78K, and assets of $38K (revenue +15.4% year-over-year).
- 2020: Revenue of $78K, expenses of $69K, and assets of $34K (revenue -7.5% year-over-year).
- 2019: Revenue of $84K, expenses of $83K, and assets of $18K (revenue -1.0% year-over-year).
- 2018: Revenue of $85K, expenses of $85K, and assets of $16K (revenue -11.5% year-over-year).
- 2017: Revenue of $96K, expenses of $94K, and assets of $16K (revenue -8.1% year-over-year).
- 2016: Revenue of $105K, expenses of $110K, and assets of $14K (revenue +1.8% year-over-year).
- 2015: Revenue of $103K, expenses of $113K, and assets of $20K (revenue -0.9% year-over-year).
- 2014: Revenue of $104K, expenses of $98K, and assets of $32K (revenue -0.7% year-over-year).
- 2013: Revenue of $104K, expenses of $97K, and assets of $31K (revenue +24.8% year-over-year).
- 2012: Revenue of $84K, expenses of $86K, and assets of $26K (revenue +4.6% year-over-year).
- 2011: Revenue of $80K, expenses of $67K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Pardon Team Inc:
Data Sources and Methodology
This transparency report for Connecticut Pardon Team 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.