Danbury War Memorial Assoc Inc
EIN: 60672060 · Danbury, CT · NTEE: W30Z
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $716K |
| Net Assets | $2.0M |
Is Danbury War Memorial Assoc Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Danbury War Memorial Assoc Inc
Danbury War Memorial Assoc Inc (EIN: 60672060) is a nonprofit organization based in Danbury, CT, classified under NTEE code W30Z. The organization reported total revenue of $2.4M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Danbury War Memorial Assoc Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Danbury War Memorial Assoc Inc is a mid-size nonprofit that has been operating for 71 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $807K |
| Total Expenses | $716K |
| Surplus / Deficit | +$90K |
| Total Assets | $2.0M |
| Net Assets | $2.0M |
| Operating Margin | 11.2% |
| Months of Reserves | 33.0 months |
Financial Health Grade: A
In 2023, Danbury War Memorial Assoc Inc reported a surplus of $90K with revenue exceeding expenses, holds 33.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Danbury War Memorial Assoc Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.9% | +31.4% | +4.8% |
| 2022 | +30.3% | +11.1% | +2.6% |
| 2021 | +0.5% | -1.0% | -0.1% |
| 2020 | -16.4% | -7.0% | -1.0% |
| 2019 | -40.6% | -0.4% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1230 |
| IRS Ruling Date | 1955 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Danbury War Memorial Assoc Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Danbury War Memorial Assoc Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $90K, with revenue exceeding expenses.
Frequently Asked Questions about Danbury War Memorial Assoc Inc
Is Danbury War Memorial Assoc Inc a legitimate charity?
Danbury War Memorial Assoc Inc (EIN: 60672060) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. Financial health grade: A.
How does Danbury War Memorial Assoc Inc spend its money?
Danbury War Memorial Assoc Inc reported $2.4M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Danbury War Memorial Assoc Inc tax-deductible?
Danbury War Memorial Assoc Inc is registered as a tax-exempt nonprofit (EIN: 60672060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Danbury War Memorial Assoc Inc located?
Danbury War Memorial Assoc Inc is headquartered in Danbury, Connecticut and files with the IRS under EIN 60672060. It is classified under NTEE code W30Z.
How many years of IRS 990 filings does Danbury War Memorial Assoc Inc have?
Danbury War Memorial Assoc 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 $2.4M in total revenue.
Filing History
IRS 990 filing history for Danbury War Memorial Assoc Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Danbury War Memorial Assoc Inc's revenue has grown by 95.4%, moving from $413K to $807K. Total assets increased by 143.9% over the same period, from $808K to $2.0M. Total functional expenses rose by 81.2%, from $395K to $716K. In its most recent filing year (2023), Danbury War Memorial Assoc Inc reported a surplus of $90K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $807K | $716K | $2.0M | $0 | — | View 990 |
| 2022 | $594K | $545K | $1.9M | $0 | — | View 990 |
| 2021 | $455K | $491K | $1.8M | $34K | — | — |
| 2020 | $453K | $496K | $1.8M | $29K | — | View 990 |
| 2019 | $542K | $534K | $1.9M | $4K | — | View 990 |
| 2018 | $912K | $536K | $1.8M | $4K | — | View 990 |
| 2017 | $568K | $497K | $1.5M | $4K | — | View 990 |
| 2016 | $1.2M | $505K | $1.4M | $24K | — | View 990 |
| 2015 | $555K | $493K | $738K | $0 | — | View 990 |
| 2014 | $416K | $492K | $676K | $0 | — | View 990 |
| 2013 | $468K | $472K | $752K | $0 | — | View 990 |
| 2012 | $418K | $471K | $755K | $0 | — | View 990 |
| 2011 | $413K | $395K | $808K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $807K, expenses of $716K, and assets of $2.0M (revenue +35.9% year-over-year).
- 2022: Revenue of $594K, expenses of $545K, and assets of $1.9M (revenue +30.3% year-over-year).
- 2021: Revenue of $455K, expenses of $491K, and assets of $1.8M (revenue +0.5% year-over-year).
- 2020: Revenue of $453K, expenses of $496K, and assets of $1.8M (revenue -16.4% year-over-year).
- 2019: Revenue of $542K, expenses of $534K, and assets of $1.9M (revenue -40.6% year-over-year).
- 2018: Revenue of $912K, expenses of $536K, and assets of $1.8M (revenue +60.6% year-over-year).
- 2017: Revenue of $568K, expenses of $497K, and assets of $1.5M (revenue -51.0% year-over-year).
- 2016: Revenue of $1.2M, expenses of $505K, and assets of $1.4M (revenue +109.1% year-over-year).
- 2015: Revenue of $555K, expenses of $493K, and assets of $738K (revenue +33.3% year-over-year).
- 2014: Revenue of $416K, expenses of $492K, and assets of $676K (revenue -11.1% year-over-year).
- 2013: Revenue of $468K, expenses of $472K, and assets of $752K (revenue +11.9% year-over-year).
- 2012: Revenue of $418K, expenses of $471K, and assets of $755K (revenue +1.4% year-over-year).
- 2011: Revenue of $413K, expenses of $395K, and assets of $808K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Danbury War Memorial Assoc Inc:
Data Sources and Methodology
This transparency report for Danbury War Memorial Assoc 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.