Connecticut Youth Leadership Project Inc
Connecticut Youth Leadership Project shows strong recent financial growth and zero officer compensation.
EIN: 141905684 · Danbury, CT · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $181K |
| Total Expenses | $45K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $180,807. |
| Net Assets | $103K |
| Transparency Score | 90/100 |
Is Connecticut Youth Leadership Project Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Connecticut Youth Leadership Project Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Connecticut Youth Leadership Project Inc
Connecticut Youth Leadership Project Inc (EIN: 141905684) is a nonprofit organization based in Danbury, CT, classified under NTEE code B82. The organization reported total revenue of $181K and total assets of $166K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Youth Leadership Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Youth Leadership Project Inc is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97K |
| Total Expenses | $45K |
| Surplus / Deficit | +$52K |
| Total Assets | $103K |
| Net Assets | $103K |
| Operating Margin | 53.5% |
| Months of Reserves | 27.3 months |
Financial Health Grade: A
In 2023, Connecticut Youth Leadership Project Inc reported a surplus of $52K with revenue exceeding expenses, holds 27.3 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Connecticut Youth Leadership Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +92.1% | +65.1% | +102.0% |
| 2022 | +89.7% | +24.7% | +78.2% |
| 2021 | -41.7% | -12.3% | +24.1% |
| 2020 | -24.4% | -70.6% | -36.7% |
| 2019 | -10.6% | +5.1% | -39.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Youth Leadership Project Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Connecticut Youth Leadership Project Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $52K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteers and all funds are directed towards its mission, which is highly commendable for an organization of its size with latest revenue of $180,807.
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.
Strengths
The following positive indicators were identified for Connecticut Youth Leadership Project Inc:
- Consistent revenue and asset growth in recent years (e.g., 2021-2023).
- 0% officer compensation reported across all filings, indicating volunteer leadership.
- Operating with a significant surplus in recent periods (e.g., 2023: Revenue $97,134, Expenses $45,183).
- Elimination of liabilities in recent filings (e.g., $0 liabilities in 2023, 2022, 2020).
- Improved financial stability after periods of expenses exceeding revenue.
Frequently Asked Questions about Connecticut Youth Leadership Project Inc
Is Connecticut Youth Leadership Project Inc a legitimate charity?
Connecticut Youth Leadership Project Inc (EIN: 141905684) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $181K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Connecticut Youth Leadership Project Inc spend its money?
Connecticut Youth Leadership Project Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Connecticut Youth Leadership Project Inc tax-deductible?
Connecticut Youth Leadership Project Inc is registered as a tax-exempt nonprofit (EIN: 141905684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Connecticut Youth Leadership Project Inc CEO make?
Connecticut Youth Leadership Project Inc's highest-compensated officer earns $180,807. annually. The organization reported $181K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Connecticut Youth Leadership Project Inc's spending goes to programs?
Connecticut Youth Leadership Project Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Connecticut Youth Leadership Project Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Connecticut Youth Leadership Project Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Connecticut Youth Leadership Project Inc located?
Connecticut Youth Leadership Project Inc is headquartered in Danbury, Connecticut and files with the IRS under EIN 141905684. It is classified under NTEE code B82.
How many years of IRS 990 filings does Connecticut Youth Leadership Project Inc have?
Connecticut Youth Leadership Project Inc has 12 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 $181K in total revenue.
Is Connecticut Youth Leadership Project Inc a good charity?
Based on the provided data, the Connecticut Youth Leadership Project Inc appears to be a good charity. It demonstrates strong financial health, consistent growth in revenue and assets, and a notable commitment to directing all funds to its mission by reporting 0% officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved. It moved from periods where expenses exceeded revenue (e.g., 2019, 2018, 2016) to consistently operating with a surplus in recent years (e.g., 2023 revenue $97,134 vs. expenses $45,183). Assets have also grown substantially, from $28,565 in 2021 to $102,860 in 2023.
What is the trend in the organization's assets and liabilities?
Assets have shown a strong upward trend in recent years, increasing from $28,565 in 2021 to $102,860 in 2023. Liabilities have been significantly reduced, with the organization reporting $0 in liabilities for the 2023, 2022, and 2020 periods, indicating strong financial management.
Filing History
IRS 990 filing history for Connecticut Youth Leadership Project Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Connecticut Youth Leadership Project Inc's revenue has grown by 19.8%, moving from $81K to $97K. Total assets decreased by 0% over the same period, from $103K to $103K. Total functional expenses fell by 45.1%, from $82K to $45K. In its most recent filing year (2023), Connecticut Youth Leadership Project Inc reported a surplus of $52K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97K | $45K | $103K | $0 | — | View 990 |
| 2022 | $51K | $27K | $51K | $0 | — | View 990 |
| 2021 | $27K | $22K | $29K | $850 | — | View 990 |
| 2020 | $46K | $25K | $23K | $0 | — | View 990 |
| 2019 | $61K | $85K | $36K | $34K | — | View 990 |
| 2018 | $68K | $81K | $60K | $33K | — | View 990 |
| 2017 | $76K | $76K | $74K | $34K | — | View 990 |
| 2016 | $47K | $75K | $72K | $32K | — | View 990 |
| 2015 | $83K | $71K | $96K | $28K | — | View 990 |
| 2014 | $50K | $79K | $83K | $27K | — | View 990 |
| 2013 | $69K | $80K | $88K | $4K | — | View 990 |
| 2012 | $81K | $82K | $103K | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97K, expenses of $45K, and assets of $103K (revenue +92.1% year-over-year).
- 2022: Revenue of $51K, expenses of $27K, and assets of $51K (revenue +89.7% year-over-year).
- 2021: Revenue of $27K, expenses of $22K, and assets of $29K (revenue -41.7% year-over-year).
- 2020: Revenue of $46K, expenses of $25K, and assets of $23K (revenue -24.4% year-over-year).
- 2019: Revenue of $61K, expenses of $85K, and assets of $36K (revenue -10.6% year-over-year).
- 2018: Revenue of $68K, expenses of $81K, and assets of $60K (revenue -10.5% year-over-year).
- 2017: Revenue of $76K, expenses of $76K, and assets of $74K (revenue +61.4% year-over-year).
- 2016: Revenue of $47K, expenses of $75K, and assets of $72K (revenue -43.7% year-over-year).
- 2015: Revenue of $83K, expenses of $71K, and assets of $96K (revenue +65.8% year-over-year).
- 2014: Revenue of $50K, expenses of $79K, and assets of $83K (revenue -27.6% year-over-year).
- 2013: Revenue of $69K, expenses of $80K, and assets of $88K (revenue -14.4% year-over-year).
- 2012: Revenue of $81K, expenses of $82K, and assets of $103K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Youth Leadership Project Inc:
Data Sources and Methodology
This transparency report for Connecticut Youth Leadership Project 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.