Connecticut Polar Bears W H C Inc
Connecticut Polar Bears W H C Inc: Consistent Revenue Growth, but Financial Transparency Lacking
EIN: 222743930 · Monroe, CT · Updated: 2026-04-04
About Connecticut Polar Bears W H C Inc
Connecticut Polar Bears W H C Inc (EIN: 222743930) is a nonprofit organization based in Monroe, CT. The organization reported total revenue of $500K and total assets of $772K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Polar Bears W H C 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 Polar Bears W H C Inc with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Connecticut Polar Bears W H C Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Based on available filings, the organization reports 'c0%' for compensation, implying no reported executive compensation, which is unusual for an organization with revenues exceeding $500,000 in 2023.
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 Polar Bears W H C Inc's IRS 990 filings:
- Lack of detailed expense breakdown in financial filings.
- Unusually low or unreported executive compensation ('c0%') across all years, which may indicate compensation is being reported in other categories or is not being disclosed.
- No clear indication of program activities or impact beyond the organization's name.
- Significant fluctuations in revenue and expenses year-over-year without clear explanations.
- Net assets have grown significantly, but the utilization of these assets for program delivery is unclear.
Strengths
The following positive indicators were identified for Connecticut Polar Bears W H C Inc:
- Consistent revenue growth observed from $90,548 in 2018 to $500,432 in 2023, indicating increasing support.
- Healthy asset growth from $142,352 in 2018 to $771,665 in 2023.
- The organization has maintained a positive net asset position throughout the reported period.
- Low liabilities relative to assets, suggesting good financial stability.
- Long operational history with consistent filings since at least 2016.
Frequently Asked Questions about Connecticut Polar Bears W H C Inc
What does Connecticut Polar Bears W H C Inc do?
Connecticut Polar Bears W H C Inc is a nonprofit organization in the Unknown sector, located in Monroe, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Connecticut Polar Bears W H C Inc have?
Connecticut Polar Bears W H C Inc reported total revenue of $500,432. Based on 13 IRS 990 filings on record.
What are Connecticut Polar Bears W H C Inc's total assets?
Connecticut Polar Bears W H C Inc holds total assets of $771,665 as reported in IRS 990 filings.
Where is Connecticut Polar Bears W H C Inc located?
Connecticut Polar Bears W H C Inc is based in Monroe, Connecticut.
What is Connecticut Polar Bears W H C Inc's EIN?
Connecticut Polar Bears W H C Inc's Employer Identification Number (EIN) is 222743930. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connecticut Polar Bears W H C Inc?
Connecticut Polar Bears W H C Inc is classified under NTEE code Unknown (Unknown).
Is Connecticut Polar Bears W H C Inc a registered 501(c)(3)?
Connecticut Polar Bears W H C Inc appears in IRS records (EIN: 222743930). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Connecticut Polar Bears W H C Inc file IRS Form 990?
Yes, Connecticut Polar Bears W H C Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Connecticut Polar Bears W H C Inc's revenue in 2023?
In the 202308 filing period, Connecticut Polar Bears W H C Inc reported total revenue of $410,576, total expenses of $416,769, and net assets of $563,546.
Is Connecticut Polar Bears W H C Inc's revenue growing or declining?
Connecticut Polar Bears W H C Inc's revenue is growing. Revenue went from $293,243 (202208) to $410,576 (202308), a +40.0% change. Based on 13 filings on record.
What is Connecticut Polar Bears W H C Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Connecticut Polar Bears W H C Inc covers tax period 202308. It shows revenue of $410,576, expenses of $416,769, total assets of $563,546, and liabilities of $352,844.
How much does Connecticut Polar Bears W H C Inc spend on programs vs administration?
Based on IRS 990 analysis, Connecticut Polar Bears W H C Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Connecticut Polar Bears W H C Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Connecticut Polar Bears W H C Inc appears trustworthy. Mission Score: 75/100 (Good). 5 red flags identified. 5 strengths noted.
What are the red flags for Connecticut Polar Bears W H C Inc?
The following concerns were identified: Lack of detailed expense breakdown in financial filings.. Unusually low or unreported executive compensation ('c0%') across all years, which may indicate compensation is being reported in other categories or is not being disclosed.. No clear indication of program activities or impact beyond the organization's name.. Significant fluctuations in revenue and expenses year-over-year without clear explanations.. Net assets have grown significantly, but the utilization of these assets for program delivery is unclear.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Connecticut Polar Bears W H C Inc's strengths?
Positive indicators for Connecticut Polar Bears W H C Inc include: Consistent revenue growth observed from $90,548 in 2018 to $500,432 in 2023, indicating increasing support.. Healthy asset growth from $142,352 in 2018 to $771,665 in 2023.. The organization has maintained a positive net asset position throughout the reported period.. Low liabilities relative to assets, suggesting good financial stability.. Long operational history with consistent filings since at least 2016.. These findings are derived from AI analysis of the organization's financial filings.
How does Connecticut Polar Bears W H C Inc compensate executives?
Based on available filings, the organization reports 'c0%' for compensation, implying no reported executive compensation, which is unusual for an organization with revenues exceeding $500,000 in 2023. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Connecticut Polar Bears W H C Inc?
• The organization's financial filings do not provide a detailed breakdown of program, administrative, or fundraising expenses, making it difficult to assess spending efficiency. • No specific transparency report or annual impact report is readily available to the public. • The filings indicate 'c0%' for compensation, suggesting no reported compensation for key employees, which warrants further investigation. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the 'c0%' compensation reported in all filings, how does the organization compensate its leadership and staff, and what mechanisms are in place to ensure fair and reasonable compensation practices?
The consistent reporting of 'c0%' for compensation across all years suggests that either compensation is being reported under other expense categories (e.g., program expenses, administrative expenses) without specific disclosure, or key personnel are entirely volunteer-based. Without further detail, it's impossible to assess the fairness or reasonableness of compensation practices.
With revenues reaching $500,432 in 2023, what specific programs or initiatives are being funded, and how does the organization measure the impact and effectiveness of these programs?
The available data does not provide specific details on programs or their impact. While the name 'Connecticut Polar Bears W H C Inc' suggests involvement in women's hockey, the filings lack programmatic descriptions or metrics to evaluate the effectiveness of their activities.
How does the organization plan to enhance its financial transparency to provide stakeholders with a clearer understanding of its spending breakdown and the allocation of funds towards its mission?
To improve transparency, the organization could consider providing a more detailed functional expense breakdown in its IRS Form 990 filings, publishing an annual report that outlines program activities, impact metrics, and a clear financial summary, and explicitly disclosing executive compensation if applicable.
Filing History
IRS 990 filing history for Connecticut Polar Bears W H C Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Polar Bears W H C Inc's revenue has declined by 30.5%, moving from $591K to $411K. Total assets increased by 96.7% over the same period, from $287K to $564K. Total functional expenses fell by 15.4%, from $493K to $417K. In its most recent filing year (2023), Connecticut Polar Bears W H C Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $353K in liabilities against $564K in assets (debt-to-asset ratio: 62.6%), resulting in net assets of $211K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $411K | $417K | $564K | $353K | — | — |
| 2022 | $293K | $345K | $536K | $319K | — | View 990 |
| 2021 | $610K | $413K | $484K | $215K | — | View 990 |
| 2020 | $269K | $275K | $303K | $231K | — | — |
| 2019 | $220K | $231K | $191K | $112K | — | View 990 |
| 2018 | $91K | $129K | $142K | $52K | — | View 990 |
| 2017 | $91K | $119K | $178K | $49K | — | View 990 |
| 2016 | $220K | $288K | $215K | $57K | — | View 990 |
| 2015 | $291K | $370K | $354K | $128K | — | View 990 |
| 2014 | $419K | $453K | $438K | $134K | — | View 990 |
| 2013 | $554K | $485K | $500K | $161K | — | View 990 |
| 2012 | $726K | $608K | $424K | $154K | — | View 990 |
| 2011 | $591K | $493K | $287K | $134K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $411K, expenses of $417K, and assets of $564K (revenue +40.0% year-over-year).
- 2022: Revenue of $293K, expenses of $345K, and assets of $536K (revenue -51.9% year-over-year).
- 2021: Revenue of $610K, expenses of $413K, and assets of $484K (revenue +127.0% year-over-year).
- 2020: Revenue of $269K, expenses of $275K, and assets of $303K (revenue +22.3% year-over-year).
- 2019: Revenue of $220K, expenses of $231K, and assets of $191K (revenue +142.5% year-over-year).
- 2018: Revenue of $91K, expenses of $129K, and assets of $142K (revenue -0.3% year-over-year).
- 2017: Revenue of $91K, expenses of $119K, and assets of $178K (revenue -58.7% year-over-year).
- 2016: Revenue of $220K, expenses of $288K, and assets of $215K (revenue -24.3% year-over-year).
- 2015: Revenue of $291K, expenses of $370K, and assets of $354K (revenue -30.6% year-over-year).
- 2014: Revenue of $419K, expenses of $453K, and assets of $438K (revenue -24.4% year-over-year).
- 2013: Revenue of $554K, expenses of $485K, and assets of $500K (revenue -23.7% year-over-year).
- 2012: Revenue of $726K, expenses of $608K, and assets of $424K (revenue +22.8% year-over-year).
- 2011: Revenue of $591K, expenses of $493K, and assets of $287K.
Data Sources and Methodology
This transparency report for Connecticut Polar Bears W H C 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.