Cyrus M Quigley Foundation Incorporated
Small Foundation, Consistent Spending, Limited Public Detail
EIN: 222547157 · Wilton, CT · Updated: 2026-04-04
Is Cyrus M Quigley Foundation Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cyrus M Quigley Foundation Incorporated directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Cyrus M Quigley Foundation Incorporated
Cyrus M Quigley Foundation Incorporated (EIN: 222547157) is a nonprofit organization based in Wilton, CT. The organization reported total revenue of $151K and total assets of $884K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cyrus M Quigley Foundation Incorporated'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 Cyrus M Quigley Foundation Incorporated with a Mission Score of 65 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: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, Cyrus M Quigley Foundation Incorporated allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Cyrus M Quigley Foundation Incorporated's IRS 990 filings:
- Lack of detailed program information makes it difficult to assess impact.
- No clear indication of executive compensation in the provided data.
- Limited public information beyond basic financial figures.
Strengths
The following positive indicators were identified for Cyrus M Quigley Foundation Incorporated:
- Consistent asset growth over the years.
- Relatively stable expense ratios.
- Low liability to asset ratio (l1 indicates minimal liabilities).
Frequently Asked Questions about Cyrus M Quigley Foundation Incorporated
Is Cyrus M Quigley Foundation Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Cyrus M Quigley Foundation Incorporated (EIN: 222547157) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Cyrus M Quigley Foundation Incorporated spend its money?
Cyrus M Quigley Foundation Incorporated directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cyrus M Quigley Foundation Incorporated tax-deductible?
Cyrus M Quigley Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 222547157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Cyrus M Quigley Foundation Incorporated do?
Cyrus M Quigley Foundation Incorporated is a nonprofit organization in the Unknown sector, located in Wilton, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Cyrus M Quigley Foundation Incorporated have?
Cyrus M Quigley Foundation Incorporated reported total revenue of $151,263. Based on 10 IRS 990 filings on record.
What are Cyrus M Quigley Foundation Incorporated's total assets?
Cyrus M Quigley Foundation Incorporated holds total assets of $884,149 as reported in IRS 990 filings.
Where is Cyrus M Quigley Foundation Incorporated located?
Cyrus M Quigley Foundation Incorporated is based in Wilton, Connecticut.
What is Cyrus M Quigley Foundation Incorporated's EIN?
Cyrus M Quigley Foundation Incorporated's Employer Identification Number (EIN) is 222547157. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Cyrus M Quigley Foundation Incorporated?
Cyrus M Quigley Foundation Incorporated is classified under NTEE code Unknown (Unknown).
Is Cyrus M Quigley Foundation Incorporated a registered 501(c)(3)?
Cyrus M Quigley Foundation Incorporated appears in IRS records (EIN: 222547157). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Cyrus M Quigley Foundation Incorporated file IRS Form 990?
Yes, Cyrus M Quigley Foundation Incorporated has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Cyrus M Quigley Foundation Incorporated's revenue in 2023?
In the 202312 filing period, Cyrus M Quigley Foundation Incorporated reported total revenue of $51,332, total expenses of $33,723, and net assets of $818,267.
Is Cyrus M Quigley Foundation Incorporated's revenue growing or declining?
Cyrus M Quigley Foundation Incorporated's revenue is declining. Revenue went from $65,902 (202212) to $51,332 (202312), a -22.1% change. Based on 10 filings on record.
What is Cyrus M Quigley Foundation Incorporated's most recent 990 filing?
The most recent IRS Form 990 filing for Cyrus M Quigley Foundation Incorporated covers tax period 202312. It shows revenue of $51,332, expenses of $33,723, total assets of $818,267, and liabilities of $1.
How much does Cyrus M Quigley Foundation Incorporated spend on programs vs administration?
Based on IRS 990 analysis, Cyrus M Quigley Foundation Incorporated allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Cyrus M Quigley Foundation Incorporated a trustworthy charity?
Based on AI analysis of IRS 990 data, Cyrus M Quigley Foundation Incorporated shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Cyrus M Quigley Foundation Incorporated?
The following concerns were identified: Lack of detailed program information makes it difficult to assess impact.. No clear indication of executive compensation in the provided data.. Limited public information beyond basic financial figures.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Cyrus M Quigley Foundation Incorporated's strengths?
Positive indicators for Cyrus M Quigley Foundation Incorporated include: Consistent asset growth over the years.. Relatively stable expense ratios.. Low liability to asset ratio (l1 indicates minimal liabilities).. These findings are derived from AI analysis of the organization's financial filings.
How does Cyrus M Quigley Foundation Incorporated compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'c0%' in the filings, does this indicate no fundraising costs or that fundraising costs are embedded elsewhere?
The 'c0%' likely indicates no specific fundraising expenses were separately reported, suggesting these costs are either negligible or absorbed within administrative expenses, which were $33,723 in 2023.
How does the foundation ensure its mission is being met without detailed program descriptions publicly available?
Without public program descriptions, it's challenging to ascertain how the foundation directly fulfills its mission. This information would typically be found on a dedicated website or in more detailed annual reports.
Filing History
IRS 990 filing history for Cyrus M Quigley Foundation Incorporated showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cyrus M Quigley Foundation Incorporated's revenue has grown by 168.9%, moving from $19K to $51K. Total assets increased by 269.7% over the same period, from $221K to $818K. Total functional expenses rose by 149.7%, from $14K to $34K. In its most recent filing year (2023), Cyrus M Quigley Foundation Incorporated reported a surplus of $18K, with revenue exceeding expenses. The organization holds $1 in liabilities against $818K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $818K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $34K | $818K | $1 | — | View 990 |
| 2022 | $66K | $44K | $801K | $1 | — | View 990 |
| 2021 | $384K | $34K | $779K | $1 | — | — |
| 2020 | $36K | $38K | $429K | $1 | — | — |
| 2019 | $76K | $26K | $470K | $1 | — | View 990 |
| 2015 | $37K | $19K | $313K | $1 | — | View 990 |
| 2014 | $36K | $17K | $317K | $1 | — | View 990 |
| 2013 | $38K | $16K | $292K | $1 | — | View 990 |
| 2012 | $21K | $13K | $248K | $1 | — | View 990 |
| 2011 | $19K | $14K | $221K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $34K, and assets of $818K (revenue -22.1% year-over-year).
- 2022: Revenue of $66K, expenses of $44K, and assets of $801K (revenue -82.8% year-over-year).
- 2021: Revenue of $384K, expenses of $34K, and assets of $779K (revenue +976.5% year-over-year).
- 2020: Revenue of $36K, expenses of $38K, and assets of $429K (revenue -53.0% year-over-year).
- 2019: Revenue of $76K, expenses of $26K, and assets of $470K (revenue +102.3% year-over-year).
- 2015: Revenue of $37K, expenses of $19K, and assets of $313K (revenue +2.7% year-over-year).
- 2014: Revenue of $36K, expenses of $17K, and assets of $317K (revenue -4.3% year-over-year).
- 2013: Revenue of $38K, expenses of $16K, and assets of $292K (revenue +84.3% year-over-year).
- 2012: Revenue of $21K, expenses of $13K, and assets of $248K (revenue +8.3% year-over-year).
- 2011: Revenue of $19K, expenses of $14K, and assets of $221K.
Data Sources and Methodology
This transparency report for Cyrus M Quigley Foundation Incorporated 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.