Danbury Grassroots Academy Inc
Danbury Grassroots Academy Inc shows consistent financial growth and zero reported officer compensation over a decade.
EIN: 204929313 · Danbury, CT · NTEE: B80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $412K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.5M |
| Transparency Score | 92/100 |
Is Danbury Grassroots Academy Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Danbury Grassroots Academy Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Danbury Grassroots Academy Inc
Danbury Grassroots Academy Inc (EIN: 204929313) is a nonprofit organization based in Danbury, CT, classified under NTEE code B80. The organization reported total revenue of $1.1M and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Danbury Grassroots Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Danbury Grassroots Academy Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $633K |
| Total Expenses | $412K |
| Surplus / Deficit | +$222K |
| Total Assets | $1.6M |
| Total Liabilities | $10K |
| Net Assets | $1.5M |
| Operating Margin | 35.0% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 45.2 months |
Financial Health Grade: A
In 2023, Danbury Grassroots Academy Inc reported a surplus of $222K with revenue exceeding expenses, holds 45.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Danbury Grassroots Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.2% | -13.2% | +25.4% |
| 2022 | +0.5% | +25.4% | -5.4% |
| 2021 | +51.8% | +15.3% | +16.8% |
| 2020 | -26.0% | -6.2% | +4.9% |
| 2019 | +24.0% | +20.2% | +27.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Danbury Grassroots Academy Inc with a Mission Score of 92 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, Danbury Grassroots Academy 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 $222K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer categories, which is highly unusual for an organization with over $1 million in annual revenue and assets, and suggests a strong commitment to directing funds towards its mission.
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 Danbury Grassroots Academy Inc's IRS 990 filings:
- Unusually low reported liabilities, which could indicate some financial activities are not fully captured or a highly conservative financial approach.
- Consistent 0% officer compensation for an organization of this size might warrant further inquiry to understand how leadership is sustained and compensated, if at all, to ensure long-term stability.
Strengths
The following positive indicators were identified for Danbury Grassroots Academy Inc:
- Strong program spending efficiency, as evidenced by consistent surpluses and asset growth relative to expenses.
- Excellent financial stability with consistently growing assets, from $519,098 in 2014 to $1,551,713 in 2023.
- Very low liabilities, indicating minimal debt and strong fiscal management.
- Consistent revenue growth over the past decade, demonstrating increasing support and capacity.
- Zero reported officer compensation, suggesting a high dedication of resources to the mission.
Frequently Asked Questions about Danbury Grassroots Academy Inc
Is Danbury Grassroots Academy Inc a legitimate charity?
Danbury Grassroots Academy Inc (EIN: 204929313) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Danbury Grassroots Academy Inc spend its money?
Danbury Grassroots Academy Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Danbury Grassroots Academy Inc tax-deductible?
Danbury Grassroots Academy Inc is registered as a tax-exempt nonprofit (EIN: 204929313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Danbury Grassroots Academy Inc CEO make?
Danbury Grassroots Academy Inc's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Danbury Grassroots Academy Inc's spending goes to programs?
Danbury Grassroots Academy Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Danbury Grassroots Academy Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Danbury Grassroots Academy Inc is above average for NTEE category B80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Danbury Grassroots Academy Inc located?
Danbury Grassroots Academy Inc is headquartered in Danbury, Connecticut and files with the IRS under EIN 204929313. It is classified under NTEE code B80.
How many years of IRS 990 filings does Danbury Grassroots Academy Inc have?
Danbury Grassroots Academy 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 $1.1M in total revenue.
Is Danbury Grassroots Academy Inc a good charity?
Based on its financial data, Danbury Grassroots Academy Inc appears to be a very good charity. It consistently generates surpluses, has a growing asset base (from $519,098 in 2014 to $1,551,713 in 2023), and reports 0% officer compensation, indicating a strong focus on program delivery and fiscal responsibility.
How has the organization's financial health changed over time?
The organization has shown consistent and significant financial growth over the past decade. Revenue has increased from $291,558 in 2014 to $633,388 in 2023, and assets have nearly tripled from $519,098 to $1,551,713 in the same period, demonstrating robust financial health and sustainability.
What is the organization's approach to executive compensation?
Danbury Grassroots Academy Inc reports 0% officer compensation in all available IRS 990 filings. This suggests that its leadership is either entirely volunteer or compensated through means not classified as officer compensation, which is a rare and positive indicator of resource allocation directly to its mission.
Filing History
IRS 990 filing history for Danbury Grassroots Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Danbury Grassroots Academy Inc's revenue has grown by 267.6%, moving from $172K to $633K. Total assets increased by 409.4% over the same period, from $305K to $1.6M. Total functional expenses rose by 262.8%, from $113K to $412K. In its most recent filing year (2023), Danbury Grassroots Academy Inc reported a surplus of $222K, with revenue exceeding expenses. The organization holds $10K in liabilities against $1.6M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $633K | $412K | $1.6M | $10K | — | — |
| 2022 | $536K | $474K | $1.2M | $17K | — | View 990 |
| 2021 | $533K | $378K | $1.3M | $6K | — | View 990 |
| 2020 | $351K | $328K | $1.1M | $0 | — | — |
| 2019 | $474K | $350K | $1.1M | $16K | — | View 990 |
| 2018 | $382K | $291K | $835K | $393 | — | View 990 |
| 2017 | $398K | $256K | $808K | $227 | — | — |
| 2016 | $283K | $225K | $644K | $10K | — | View 990 |
| 2015 | $285K | $223K | $562K | $10K | — | View 990 |
| 2014 | $292K | $195K | $519K | $0 | — | View 990 |
| 2013 | $251K | $183K | $421K | $0 | — | View 990 |
| 2012 | $212K | $172K | $352K | $0 | — | View 990 |
| 2011 | $172K | $113K | $305K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $633K, expenses of $412K, and assets of $1.6M (revenue +18.2% year-over-year).
- 2022: Revenue of $536K, expenses of $474K, and assets of $1.2M (revenue +0.5% year-over-year).
- 2021: Revenue of $533K, expenses of $378K, and assets of $1.3M (revenue +51.8% year-over-year).
- 2020: Revenue of $351K, expenses of $328K, and assets of $1.1M (revenue -26.0% year-over-year).
- 2019: Revenue of $474K, expenses of $350K, and assets of $1.1M (revenue +24.0% year-over-year).
- 2018: Revenue of $382K, expenses of $291K, and assets of $835K (revenue -4.0% year-over-year).
- 2017: Revenue of $398K, expenses of $256K, and assets of $808K (revenue +40.9% year-over-year).
- 2016: Revenue of $283K, expenses of $225K, and assets of $644K (revenue -0.8% year-over-year).
- 2015: Revenue of $285K, expenses of $223K, and assets of $562K (revenue -2.2% year-over-year).
- 2014: Revenue of $292K, expenses of $195K, and assets of $519K (revenue +16.2% year-over-year).
- 2013: Revenue of $251K, expenses of $183K, and assets of $421K (revenue +18.6% year-over-year).
- 2012: Revenue of $212K, expenses of $172K, and assets of $352K (revenue +22.8% year-over-year).
- 2011: Revenue of $172K, expenses of $113K, and assets of $305K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Danbury Grassroots Academy Inc:
Data Sources and Methodology
This transparency report for Danbury Grassroots Academy 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.