Connecticut Society Of Professional Journalists Foundation Inc
Connecticut SPJ Foundation: Small Revenue, Consistent Assets, No Executive Compensation
EIN: 222892838 · Woodbridge, CT · Updated: 2026-04-04
About Connecticut Society Of Professional Journalists Foundation Inc
Connecticut Society Of Professional Journalists Foundation Inc (EIN: 222892838) is a nonprofit organization based in Woodbridge, CT. The organization reported total revenue of $6K and total assets of $149K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Society Of Professional Journalists Foundation 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 Society Of Professional Journalists Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Connecticut Society Of Professional Journalists Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 a volunteer-led or very lean operational structure.
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 Society Of Professional Journalists Foundation Inc's IRS 990 filings:
- Revenue has shown a declining trend from $23,342 in 2016 to $4,874 in 2023, which could impact future program sustainability.
Strengths
The following positive indicators were identified for Connecticut Society Of Professional Journalists Foundation Inc:
- Consistent asset base (around $130k-$160k) despite fluctuating revenues, suggesting sound financial management.
- Zero executive compensation demonstrates a strong commitment to directing funds towards programs.
- Low administrative and fundraising expenses, indicating efficient operations.
Frequently Asked Questions about Connecticut Society Of Professional Journalists Foundation Inc
What does Connecticut Society Of Professional Journalists Foundation Inc do?
Connecticut Society Of Professional Journalists Foundation Inc is a nonprofit organization in the Unknown sector, located in Woodbridge, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Connecticut Society Of Professional Journalists Foundation Inc have?
Connecticut Society Of Professional Journalists Foundation Inc reported total revenue of $6,329. Based on 12 IRS 990 filings on record.
What are Connecticut Society Of Professional Journalists Foundation Inc's total assets?
Connecticut Society Of Professional Journalists Foundation Inc holds total assets of $149,464 as reported in IRS 990 filings.
Where is Connecticut Society Of Professional Journalists Foundation Inc located?
Connecticut Society Of Professional Journalists Foundation Inc is based in Woodbridge, Connecticut.
What is Connecticut Society Of Professional Journalists Foundation Inc's EIN?
Connecticut Society Of Professional Journalists Foundation Inc's Employer Identification Number (EIN) is 222892838. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connecticut Society Of Professional Journalists Foundation Inc?
Connecticut Society Of Professional Journalists Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Connecticut Society Of Professional Journalists Foundation Inc a registered 501(c)(3)?
Connecticut Society Of Professional Journalists Foundation Inc appears in IRS records (EIN: 222892838). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Connecticut Society Of Professional Journalists Foundation Inc file IRS Form 990?
Yes, Connecticut Society Of Professional Journalists Foundation Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Connecticut Society Of Professional Journalists Foundation Inc's revenue in 2023?
In the 202306 filing period, Connecticut Society Of Professional Journalists Foundation Inc reported total revenue of $4,874, total expenses of $9,291, and net assets of $144,923.
Is Connecticut Society Of Professional Journalists Foundation Inc's revenue growing or declining?
Connecticut Society Of Professional Journalists Foundation Inc's revenue is declining. Revenue went from $9,178 (202206) to $4,874 (202306), a -46.9% change. Based on 12 filings on record.
What is Connecticut Society Of Professional Journalists Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Connecticut Society Of Professional Journalists Foundation Inc covers tax period 202306. It shows revenue of $4,874, expenses of $9,291, total assets of $144,923, and liabilities of N/A.
How much does Connecticut Society Of Professional Journalists Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Connecticut Society Of Professional Journalists Foundation Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Connecticut Society Of Professional Journalists Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Connecticut Society Of Professional Journalists Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for Connecticut Society Of Professional Journalists Foundation Inc?
The following concerns were identified: Revenue has shown a declining trend from $23,342 in 2016 to $4,874 in 2023, which could impact future program sustainability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Connecticut Society Of Professional Journalists Foundation Inc's strengths?
Positive indicators for Connecticut Society Of Professional Journalists Foundation Inc include: Consistent asset base (around $130k-$160k) despite fluctuating revenues, suggesting sound financial management.. Zero executive compensation demonstrates a strong commitment to directing funds towards programs.. Low administrative and fundraising expenses, indicating efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Connecticut Society Of Professional Journalists Foundation Inc compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or very lean operational structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the declining revenue trend, what strategies are in place to ensure the long-term financial viability and continued support for programs?
While filings show consistent assets, the significant drop in revenue from $23,342 in 2016 to $4,874 in 2023 suggests a need for new fundraising initiatives or diversification of income streams to maintain program levels without drawing down assets.
Filing History
IRS 990 filing history for Connecticut Society Of Professional Journalists Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Connecticut Society Of Professional Journalists Foundation Inc's revenue has grown by 10.6%, moving from $4K to $5K. Total assets decreased by 12.8% over the same period, from $166K to $145K. Total functional expenses rose by 54.9%, from $6K to $9K. In its most recent filing year (2023), Connecticut Society Of Professional Journalists Foundation Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $9K | $145K | $0 | — | View 990 |
| 2022 | $9K | $9K | $138K | $0 | — | — |
| 2021 | $11K | $10K | $166K | $0 | — | View 990 |
| 2020 | $5K | $14K | $134K | $0 | — | View 990 |
| 2019 | $5K | $7K | $140K | $0 | — | View 990 |
| 2018 | $8K | $8K | $142K | $0 | — | View 990 |
| 2017 | $14K | $7K | $135K | $0 | — | View 990 |
| 2016 | $23K | $7K | $117K | $0 | — | View 990 |
| 2015 | $16K | $8K | $127K | $0 | — | View 990 |
| 2014 | $86 | $6K | $119K | $0 | — | View 990 |
| 2013 | $6K | $7K | $125K | $0 | — | View 990 |
| 2012 | $4K | $6K | $166K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $9K, and assets of $145K (revenue -46.9% year-over-year).
- 2022: Revenue of $9K, expenses of $9K, and assets of $138K (revenue -17.8% year-over-year).
- 2021: Revenue of $11K, expenses of $10K, and assets of $166K (revenue +108.3% year-over-year).
- 2020: Revenue of $5K, expenses of $14K, and assets of $134K (revenue +1.4% year-over-year).
- 2019: Revenue of $5K, expenses of $7K, and assets of $140K (revenue -32.2% year-over-year).
- 2018: Revenue of $8K, expenses of $8K, and assets of $142K (revenue -44.4% year-over-year).
- 2017: Revenue of $14K, expenses of $7K, and assets of $135K (revenue -39.9% year-over-year).
- 2016: Revenue of $23K, expenses of $7K, and assets of $117K (revenue +47.2% year-over-year).
- 2015: Revenue of $16K, expenses of $8K, and assets of $127K (revenue +18336.0% year-over-year).
- 2014: Revenue of $86, expenses of $6K, and assets of $119K (revenue -98.7% year-over-year).
- 2013: Revenue of $6K, expenses of $7K, and assets of $125K (revenue +46.0% year-over-year).
- 2012: Revenue of $4K, expenses of $6K, and assets of $166K.
Data Sources and Methodology
This transparency report for Connecticut Society Of Professional Journalists Foundation 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.