Connecticut Society Of Eye Physicians
EIN: 237452113 · Litchfield, CT
Is Connecticut Society Of Eye Physicians Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Connecticut Society Of Eye Physicians
Connecticut Society Of Eye Physicians (EIN: 237452113) is a nonprofit organization based in Litchfield, CT. The organization reported total revenue of $299K and total assets of $387K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Society Of Eye Physicians's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Society Of Eye Physicians is a small nonprofit that has been operating for 3 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $346K |
| Total Expenses | $378K |
| Surplus / Deficit | $-32,041 |
| Total Assets | $426K |
| Total Liabilities | $3K |
| Net Assets | $422K |
| Operating Margin | -9.3% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 13.5 months |
Financial Health Grade: B
In 2024, Connecticut Society Of Eye Physicians reported a deficit of $32K with expenses exceeding revenue, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2024), Connecticut Society Of Eye Physicians's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -11.9% | +3.4% | -11.8% |
| 2023 | +82.9% | +95.6% | -1.1% |
| 2021 | -52.1% | -55.1% | +7.8% |
| 2020 | +2.0% | -1.8% | +10.3% |
| 2019 | +2.6% | +9.5% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Connecticut Society Of Eye Physicians has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Connecticut Society Of Eye Physicians with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Connecticut Society Of Eye Physicians
Is Connecticut Society Of Eye Physicians a legitimate charity?
Based on AI analysis of IRS 990 filings, Connecticut Society Of Eye Physicians (EIN: 237452113) insufficient data. 0 red flags identified, 0 strengths noted.
How does Connecticut Society Of Eye Physicians spend its money?
Detailed spending breakdown data is not yet available for Connecticut Society Of Eye Physicians. Check back for updated IRS 990 analysis.
Are donations to Connecticut Society Of Eye Physicians tax-deductible?
Connecticut Society Of Eye Physicians is registered as a tax-exempt nonprofit (EIN: 237452113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Connecticut Society Of Eye Physicians showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Connecticut Society Of Eye Physicians's revenue has grown by 25.2%, moving from $276K to $346K. Total assets increased by 164.1% over the same period, from $161K to $426K. Total functional expenses rose by 13.1%, from $334K to $378K. In its most recent filing year (2024), Connecticut Society Of Eye Physicians reported a deficit of $32K, with expenses exceeding revenue. The organization holds $3K in liabilities against $426K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $422K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $346K | $378K | $426K | $3K | — | — |
| 2023 | $392K | $365K | $483K | $28K | — | — |
| 2021 | $214K | $187K | $488K | $35K | — | — |
| 2020 | $447K | $416K | $453K | $27K | — | — |
| 2019 | $438K | $424K | $410K | $6K | — | View 990 |
| 2018 | $427K | $387K | $396K | $6K | — | — |
| 2017 | $470K | $376K | $354K | $4K | — | View 990 |
| 2016 | $418K | $395K | $257K | $0 | — | View 990 |
| 2015 | $342K | $437K | $229K | $0 | — | View 990 |
| 2014 | $381K | $354K | $244K | $0 | — | View 990 |
| 2013 | $386K | $378K | $202K | $0 | — | View 990 |
| 2012 | $338K | $290K | $195K | $-1,129 | — | View 990 |
| 2011 | $276K | $334K | $161K | $247 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $346K, expenses of $378K, and assets of $426K (revenue -11.9% year-over-year).
- 2023: Revenue of $392K, expenses of $365K, and assets of $483K (revenue +82.9% year-over-year).
- 2021: Revenue of $214K, expenses of $187K, and assets of $488K (revenue -52.1% year-over-year).
- 2020: Revenue of $447K, expenses of $416K, and assets of $453K (revenue +2.0% year-over-year).
- 2019: Revenue of $438K, expenses of $424K, and assets of $410K (revenue +2.6% year-over-year).
- 2018: Revenue of $427K, expenses of $387K, and assets of $396K (revenue -9.1% year-over-year).
- 2017: Revenue of $470K, expenses of $376K, and assets of $354K (revenue +12.5% year-over-year).
- 2016: Revenue of $418K, expenses of $395K, and assets of $257K (revenue +22.4% year-over-year).
- 2015: Revenue of $342K, expenses of $437K, and assets of $229K (revenue -10.3% year-over-year).
- 2014: Revenue of $381K, expenses of $354K, and assets of $244K (revenue -1.3% year-over-year).
- 2013: Revenue of $386K, expenses of $378K, and assets of $202K (revenue +14.3% year-over-year).
- 2012: Revenue of $338K, expenses of $290K, and assets of $195K (revenue +22.4% year-over-year).
- 2011: Revenue of $276K, expenses of $334K, and assets of $161K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Society Of Eye Physicians:
Data Sources and Methodology
This transparency report for Connecticut Society Of Eye Physicians 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.