Connecticut Street Rod Association Inc
Connecticut Street Rod Association: Consistent Revenue, High Program Spending
EIN: 223032480 · Wallingford, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $166K |
| Program Spending | 90% |
| Net Assets | $1.0M |
| Transparency Score | 75/100 |
Is Connecticut Street Rod Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Street Rod Association Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut Street Rod Association Inc
Connecticut Street Rod Association Inc (EIN: 223032480) is a nonprofit organization based in Wallingford, CT. The organization reported total revenue of $160K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Street Rod Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Street Rod Association Inc is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $166K |
| Surplus / Deficit | +$15K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 8.1% |
| Months of Reserves | 73.5 months |
Financial Health Grade: A
In 2023, Connecticut Street Rod Association Inc reported a surplus of $15K with revenue exceeding expenses, holds 73.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Connecticut Street Rod Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.1% | -11.6% | +1.5% |
| 2022 | -18.3% | +38.7% | -28.1% |
| 2021 | +122.7% | +35.5% | +4.7% |
| 2020 | -56.6% | -48.8% | -0.8% |
| 2019 | -12.1% | +2.8% | +0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Street Rod Association 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 Street Rod Association 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports zero compensation for officers, directors, trustees, and key employees across all available filings, suggesting a volunteer-led 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 Street Rod Association Inc's IRS 990 filings:
- Lack of detailed program descriptions or impact metrics in the provided data makes it difficult to assess effectiveness beyond financial ratios.
- The consistent reporting of 'c0%' for compensation to key personnel might warrant further investigation to understand how leadership is structured and compensated, if at all, for their time and effort.
Strengths
The following positive indicators were identified for Connecticut Street Rod Association Inc:
- High percentage of expenses consistently allocated to programs (implied by high 'p' score and low 'x' relative to 'r' in some years, though 'x' is total expenses).
- Stable revenue streams over several years, with revenues ranging from $88,687 to $248,556.
- Healthy asset base, consistently over $1,000,000, indicating financial stability.
- No reported lobbying expenses, suggesting a focus on direct mission activities.
Frequently Asked Questions about Connecticut Street Rod Association Inc
Is Connecticut Street Rod Association Inc a legitimate charity?
Connecticut Street Rod Association Inc (EIN: 223032480) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $160K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Connecticut Street Rod Association Inc spend its money?
Connecticut Street Rod Association Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Connecticut Street Rod Association Inc tax-deductible?
Connecticut Street Rod Association Inc is registered as a tax-exempt nonprofit (EIN: 223032480). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Connecticut Street Rod Association Inc's spending goes to programs?
Connecticut Street Rod Association Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Connecticut Street Rod Association Inc located?
Connecticut Street Rod Association Inc is headquartered in Wallingford, Connecticut and files with the IRS under EIN 223032480.
How many years of IRS 990 filings does Connecticut Street Rod Association Inc have?
Connecticut Street Rod Association 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 $160K in total revenue.
What does Connecticut Street Rod Association Inc do?
Connecticut Street Rod Association Inc is a nonprofit organization in the Unknown sector, located in Wallingford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Connecticut Street Rod Association Inc have?
Connecticut Street Rod Association Inc reported total revenue of $159,835. Based on 13 IRS 990 filings on record.
What are Connecticut Street Rod Association Inc's total assets?
Connecticut Street Rod Association Inc holds total assets of $1,000,134 as reported in IRS 990 filings.
Where is Connecticut Street Rod Association Inc located?
Connecticut Street Rod Association Inc is based in Wallingford, Connecticut.
What is Connecticut Street Rod Association Inc's EIN?
Connecticut Street Rod Association Inc's Employer Identification Number (EIN) is 223032480. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connecticut Street Rod Association Inc?
Connecticut Street Rod Association Inc is classified under NTEE code Unknown (Unknown).
Is Connecticut Street Rod Association Inc a registered 501(c)(3)?
Connecticut Street Rod Association Inc appears in IRS records (EIN: 223032480). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Connecticut Street Rod Association Inc file IRS Form 990?
Yes, Connecticut Street Rod Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Connecticut Street Rod Association Inc's revenue in 2023?
In the 202312 filing period, Connecticut Street Rod Association Inc reported total revenue of $180,885, total expenses of $166,168, and net assets of $1,017,244.
Is Connecticut Street Rod Association Inc's revenue growing or declining?
Connecticut Street Rod Association Inc's revenue is growing. Revenue went from $161,329 (202212) to $180,885 (202312), a +12.1% change. Based on 13 filings on record.
What is Connecticut Street Rod Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Connecticut Street Rod Association Inc covers tax period 202312. It shows revenue of $180,885, expenses of $166,168, total assets of $1,017,244, and liabilities of N/A.
How much does Connecticut Street Rod Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Connecticut Street Rod Association Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Connecticut Street Rod Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Connecticut Street Rod Association Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 4 strengths noted.
What are the red flags for Connecticut Street Rod Association Inc?
The following concerns were identified: Lack of detailed program descriptions or impact metrics in the provided data makes it difficult to assess effectiveness beyond financial ratios.. The consistent reporting of 'c0%' for compensation to key personnel might warrant further investigation to understand how leadership is structured and compensated, if at all, for their time and effort.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Connecticut Street Rod Association Inc's strengths?
Positive indicators for Connecticut Street Rod Association Inc include: High percentage of expenses consistently allocated to programs (implied by high 'p' score and low 'x' relative to 'r' in some years, though 'x' is total expenses).. Stable revenue streams over several years, with revenues ranging from $88,687 to $248,556.. Healthy asset base, consistently over $1,000,000, indicating financial stability.. No reported lobbying expenses, suggesting a focus on direct mission activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Connecticut Street Rod Association Inc compensate executives?
The organization consistently reports zero compensation for officers, directors, trustees, and key employees across all available filings, suggesting a volunteer-led structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 'c0%' for compensation, how does the organization sustain its operations and leadership without paid staff or executives?
The data suggests a volunteer-driven model. Further investigation into their operational structure would be needed to understand how administrative and programmatic tasks are managed without paid personnel.
What specific programs or activities does the Connecticut Street Rod Association Inc. undertake to fulfill its mission, given the high program spending but lack of detailed descriptions?
While the data indicates a strong commitment to programs through spending, the specific nature of these programs (e.g., events, community outreach, educational initiatives related to street rods) is not detailed in the provided financial summary. This would require reviewing their public website or other disclosures.
Filing History
IRS 990 filing history for Connecticut Street Rod Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Street Rod Association Inc's revenue has declined by 29.9%, moving from $258K to $181K. Total assets increased by 4.9% over the same period, from $970K to $1.0M. Total functional expenses fell by 19.6%, from $207K to $166K. In its most recent filing year (2023), Connecticut Street Rod Association Inc reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $166K | $1.0M | $0 | — | — |
| 2022 | $161K | $188K | $1.0M | $0 | — | — |
| 2021 | $197K | $135K | $1.4M | $0 | — | View 990 |
| 2020 | $89K | $100K | $1.3M | $0 | — | View 990 |
| 2019 | $204K | $195K | $1.3M | $0 | — | View 990 |
| 2018 | $233K | $190K | $1.3M | $0 | — | View 990 |
| 2017 | $249K | $224K | $1.3M | $0 | — | View 990 |
| 2016 | $227K | $194K | $1.3M | $0 | — | View 990 |
| 2015 | $263K | $199K | $1.2M | $0 | — | View 990 |
| 2014 | $270K | $218K | $1.2M | $0 | — | View 990 |
| 2013 | $282K | $205K | $1.1M | $0 | — | View 990 |
| 2012 | $273K | $201K | $1.0M | $0 | — | View 990 |
| 2011 | $258K | $207K | $970K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $166K, and assets of $1.0M (revenue +12.1% year-over-year).
- 2022: Revenue of $161K, expenses of $188K, and assets of $1.0M (revenue -18.3% year-over-year).
- 2021: Revenue of $197K, expenses of $135K, and assets of $1.4M (revenue +122.7% year-over-year).
- 2020: Revenue of $89K, expenses of $100K, and assets of $1.3M (revenue -56.6% year-over-year).
- 2019: Revenue of $204K, expenses of $195K, and assets of $1.3M (revenue -12.1% year-over-year).
- 2018: Revenue of $233K, expenses of $190K, and assets of $1.3M (revenue -6.4% year-over-year).
- 2017: Revenue of $249K, expenses of $224K, and assets of $1.3M (revenue +9.6% year-over-year).
- 2016: Revenue of $227K, expenses of $194K, and assets of $1.3M (revenue -13.7% year-over-year).
- 2015: Revenue of $263K, expenses of $199K, and assets of $1.2M (revenue -2.6% year-over-year).
- 2014: Revenue of $270K, expenses of $218K, and assets of $1.2M (revenue -4.5% year-over-year).
- 2013: Revenue of $282K, expenses of $205K, and assets of $1.1M (revenue +3.2% year-over-year).
- 2012: Revenue of $273K, expenses of $201K, and assets of $1.0M (revenue +6.0% year-over-year).
- 2011: Revenue of $258K, expenses of $207K, and assets of $970K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Street Rod Association Inc:
Data Sources and Methodology
This transparency report for Connecticut Street Rod Association 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.