Ct Breast Health Initiative Inc
Ct Breast Health Initiative Inc maintains stable finances and zero officer compensation, directing funds to its mission.
EIN: 200495573 · New Britain, CT · NTEE: G30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $416K |
| Total Expenses | $301K |
| Program Spending | 80% |
| Net Assets | $511K |
| Transparency Score | 90/100 |
Is Ct Breast Health Initiative Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ct Breast Health Initiative Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ct Breast Health Initiative Inc
Ct Breast Health Initiative Inc (EIN: 200495573) is a nonprofit organization based in New Britain, CT, classified under NTEE code G30. The organization reported total revenue of $416K and total assets of $613K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ct Breast Health Initiative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ct Breast Health Initiative Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $342K |
| Total Expenses | $301K |
| Surplus / Deficit | +$41K |
| Total Assets | $587K |
| Total Liabilities | $77K |
| Net Assets | $511K |
| Operating Margin | 12.0% |
| Debt-to-Asset Ratio | 13.0% |
| Months of Reserves | 23.4 months |
Financial Health Grade: A
In 2023, Ct Breast Health Initiative Inc reported a surplus of $41K with revenue exceeding expenses, holds 23.4 months of operating reserves (strong position), has a debt-to-asset ratio of 13.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ct Breast Health Initiative Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.3% | +65.7% | +15.2% |
| 2022 | +34.2% | +35.5% | +5.9% |
| 2021 | +46.2% | -17.1% | -0.4% |
| 2020 | -66.7% | -62.4% | -12.6% |
| 2019 | +1.1% | +14.2% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Ct Breast Health Initiative 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: 80%
- fundraising: 10%
According to IRS 990 filings, Ct Breast Health Initiative Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.0%.
Executive Compensation Analysis
Executive compensation for officers has consistently been reported as 0% across all available filings, indicating a volunteer-led executive team or that compensation falls below reporting thresholds, which is a positive sign for donor confidence and resource allocation to programs.
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 Ct Breast Health Initiative Inc's IRS 990 filings:
- Occasional deficit spending in past years (e.g., 2014, 2015, 2017, 2019) where expenses exceeded revenue.
Strengths
The following positive indicators were identified for Ct Breast Health Initiative Inc:
- Consistent 0% officer compensation, indicating efficient use of funds.
- Growing asset base, from $483,305 in 2020 to $613,332 in the latest period, demonstrating financial stability.
- Positive net income in recent years (e.g., 2023: $41,109 surplus; 2022: $95,767 surplus), allowing for reinvestment in mission.
- Long history of IRS 990 filings (13 filings), indicating strong transparency and compliance.
Frequently Asked Questions about Ct Breast Health Initiative Inc
Is Ct Breast Health Initiative Inc a legitimate charity?
Ct Breast Health Initiative Inc (EIN: 200495573) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $416K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Ct Breast Health Initiative Inc spend its money?
Ct Breast Health Initiative Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Ct Breast Health Initiative Inc tax-deductible?
Ct Breast Health Initiative Inc is registered as a tax-exempt nonprofit (EIN: 200495573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ct Breast Health Initiative Inc's spending goes to programs?
Ct Breast Health Initiative Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ct Breast Health Initiative Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Ct Breast Health Initiative Inc is above average for NTEE category G30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ct Breast Health Initiative Inc located?
Ct Breast Health Initiative Inc is headquartered in New Britain, Connecticut and files with the IRS under EIN 200495573. It is classified under NTEE code G30.
How many years of IRS 990 filings does Ct Breast Health Initiative Inc have?
Ct Breast Health Initiative 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 $416K in total revenue.
Is Ct Breast Health Initiative Inc a good charity?
Based on the provided data, Ct Breast Health Initiative Inc appears to be a good charity. They consistently report 0% officer compensation, maintain a healthy asset base, and direct a significant portion of their expenses towards their mission, as suggested by their operational surpluses in recent years.
How has the organization's financial health changed over time?
The organization has shown growth in revenue and assets since 2020, recovering from some periods of deficit spending in earlier years (e.g., 2014, 2015, 2017, 2019). Their assets have grown from $483,305 in 2020 to $613,332 in the latest period, indicating improving financial health.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a strong commitment to minimizing administrative overhead at the executive level and maximizing resources for programmatic activities.
Filing History
IRS 990 filing history for Ct Breast Health Initiative Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ct Breast Health Initiative Inc's revenue has declined by 38.4%, moving from $556K to $342K. Total assets decreased by 4.8% over the same period, from $617K to $587K. Total functional expenses fell by 43.6%, from $534K to $301K. In its most recent filing year (2023), Ct Breast Health Initiative Inc reported a surplus of $41K, with revenue exceeding expenses. The organization holds $77K in liabilities against $587K in assets (debt-to-asset ratio: 13.0%), resulting in net assets of $511K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $342K | $301K | $587K | $77K | — | View 990 |
| 2022 | $278K | $182K | $510K | $39K | — | View 990 |
| 2021 | $207K | $134K | $482K | $106K | — | View 990 |
| 2020 | $141K | $162K | $483K | $185K | — | — |
| 2019 | $425K | $431K | $553K | $230K | — | View 990 |
| 2018 | $420K | $377K | $501K | $175K | — | View 990 |
| 2017 | $442K | $455K | $543K | $259K | — | View 990 |
| 2016 | $418K | $416K | $524K | $229K | — | View 990 |
| 2015 | $466K | $524K | $523K | $231K | — | View 990 |
| 2014 | $506K | $644K | $604K | $255K | — | View 990 |
| 2013 | $641K | $738K | $685K | $199K | — | View 990 |
| 2012 | $722K | $582K | $725K | $143K | — | View 990 |
| 2011 | $556K | $534K | $617K | $176K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $342K, expenses of $301K, and assets of $587K (revenue +23.3% year-over-year).
- 2022: Revenue of $278K, expenses of $182K, and assets of $510K (revenue +34.2% year-over-year).
- 2021: Revenue of $207K, expenses of $134K, and assets of $482K (revenue +46.2% year-over-year).
- 2020: Revenue of $141K, expenses of $162K, and assets of $483K (revenue -66.7% year-over-year).
- 2019: Revenue of $425K, expenses of $431K, and assets of $553K (revenue +1.1% year-over-year).
- 2018: Revenue of $420K, expenses of $377K, and assets of $501K (revenue -4.9% year-over-year).
- 2017: Revenue of $442K, expenses of $455K, and assets of $543K (revenue +5.7% year-over-year).
- 2016: Revenue of $418K, expenses of $416K, and assets of $524K (revenue -10.3% year-over-year).
- 2015: Revenue of $466K, expenses of $524K, and assets of $523K (revenue -8.0% year-over-year).
- 2014: Revenue of $506K, expenses of $644K, and assets of $604K (revenue -21.0% year-over-year).
- 2013: Revenue of $641K, expenses of $738K, and assets of $685K (revenue -11.2% year-over-year).
- 2012: Revenue of $722K, expenses of $582K, and assets of $725K (revenue +29.8% year-over-year).
- 2011: Revenue of $556K, expenses of $534K, and assets of $617K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ct Breast Health Initiative Inc:
Data Sources and Methodology
This transparency report for Ct Breast Health Initiative 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.