Connecticut Publicly Assisted Housing Resident Network Inc
Connecticut Publicly Assisted Housing Resident Network Inc. reports $0 revenue and assets in its latest filing, following years of near break-even operations.
EIN: 204000945 · Meriden, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $178K |
| Program Spending | 80% |
| Net Assets | $4K |
| Transparency Score | 65/100 |
Is Connecticut Publicly Assisted Housing Resident Network Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Publicly Assisted Housing Resident Network Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut Publicly Assisted Housing Resident Network Inc
Connecticut Publicly Assisted Housing Resident Network Inc (EIN: 204000945) is a nonprofit organization based in Meriden, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Publicly Assisted Housing Resident Network Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Publicly Assisted Housing Resident Network Inc is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $177K |
| Total Expenses | $178K |
| Surplus / Deficit | $-1,075 |
| Total Assets | $78K |
| Total Liabilities | $74K |
| Net Assets | $4K |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 94.7% |
| Months of Reserves | 5.2 months |
Financial Health Grade: C
In 2015, Connecticut Publicly Assisted Housing Resident Network Inc reported a deficit of $1K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 94.7% (high leverage).
Financial Trends
Over 5 years of filings (2011–2015), Connecticut Publicly Assisted Housing Resident Network Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +18.9% | +17.7% | -1.9% |
| 2014 | +45.2% | +46.6% | +111.3% |
| 2013 | -11.1% | -15.7% | -51.9% |
| 2012 | -15.6% | -6.4% | +7.7% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connecticut Publicly Assisted Housing Resident Network 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Connecticut Publicly Assisted Housing Resident Network Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 94.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting a volunteer-led organization or compensation levels below IRS reporting thresholds, which is favorable for a small nonprofit.
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 Publicly Assisted Housing Resident Network Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, indicating potential inactivity or cessation of operations.
- NTEE code is unknown, which can make it harder to categorize and compare the organization's mission and efficiency.
Strengths
The following positive indicators were identified for Connecticut Publicly Assisted Housing Resident Network Inc:
- Consistent reporting of 0% officer compensation, suggesting efficient use of funds at the leadership level.
- Historically operated near break-even, indicating responsible financial management in matching expenses to available revenue.
Frequently Asked Questions about Connecticut Publicly Assisted Housing Resident Network Inc
Is Connecticut Publicly Assisted Housing Resident Network Inc a legitimate charity?
Connecticut Publicly Assisted Housing Resident Network Inc (EIN: 204000945) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 2 strengths noted. Financial health grade: C.
How does Connecticut Publicly Assisted Housing Resident Network Inc spend its money?
Connecticut Publicly Assisted Housing Resident Network Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Connecticut Publicly Assisted Housing Resident Network Inc tax-deductible?
Connecticut Publicly Assisted Housing Resident Network Inc is registered as a tax-exempt nonprofit (EIN: 204000945). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Connecticut Publicly Assisted Housing Resident Network Inc's spending goes to programs?
Connecticut Publicly Assisted Housing Resident Network Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Connecticut Publicly Assisted Housing Resident Network Inc located?
Connecticut Publicly Assisted Housing Resident Network Inc is headquartered in Meriden, Connecticut and files with the IRS under EIN 204000945.
How many years of IRS 990 filings does Connecticut Publicly Assisted Housing Resident Network Inc have?
Connecticut Publicly Assisted Housing Resident Network Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Connecticut Publicly Assisted Housing Resident Network Inc. currently active?
The latest filing showing $0 revenue and assets suggests the organization may be inactive or undergoing significant restructuring. Further investigation into their current activities would be necessary.
What caused the sudden drop to $0 revenue and assets in the latest filing?
The IRS 990 data alone does not provide the reason for this significant change. It could be due to a temporary pause in operations, a decision to dissolve, or a reporting anomaly.
How did the organization manage its liabilities historically?
Historically, liabilities were substantial relative to assets (e.g., $73,751 liabilities vs. $77,847 assets in 2015), indicating a tight financial position, though assets generally exceeded liabilities.
Filing History
IRS 990 filing history for Connecticut Publicly Assisted Housing Resident Network Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Connecticut Publicly Assisted Housing Resident Network Inc's revenue has grown by 29.5%, moving from $137K to $177K. Total assets increased by 7.3% over the same period, from $73K to $78K. Total functional expenses rose by 36.2%, from $131K to $178K. In its most recent filing year (2015), Connecticut Publicly Assisted Housing Resident Network Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $74K in liabilities against $78K in assets (debt-to-asset ratio: 94.7%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $177K | $178K | $78K | $74K | — | View 990 |
| 2014 | $149K | $151K | $79K | $74K | — | View 990 |
| 2013 | $103K | $103K | $38K | $30K | — | View 990 |
| 2012 | $115K | $122K | $78K | $70K | — | View 990 |
| 2011 | $137K | $131K | $73K | $57K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $177K, expenses of $178K, and assets of $78K (revenue +18.9% year-over-year).
- 2014: Revenue of $149K, expenses of $151K, and assets of $79K (revenue +45.2% year-over-year).
- 2013: Revenue of $103K, expenses of $103K, and assets of $38K (revenue -11.1% year-over-year).
- 2012: Revenue of $115K, expenses of $122K, and assets of $78K (revenue -15.6% year-over-year).
- 2011: Revenue of $137K, expenses of $131K, and assets of $73K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Publicly Assisted Housing Resident Network Inc:
Data Sources and Methodology
This transparency report for Connecticut Publicly Assisted Housing Resident Network 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.