Duncaster Residents Association
Duncaster Residents Association: Consistent Revenue, Stable Operations
EIN: 222574407 · Bloomfield, CT · NTEE: L50Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $219K |
| Program Spending | 85% |
| Net Assets | $85K |
| Transparency Score | 75/100 |
Is Duncaster Residents Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Duncaster Residents Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Duncaster Residents Association
Duncaster Residents Association (EIN: 222574407) is a nonprofit organization based in Bloomfield, CT, classified under NTEE code L50Z. The organization reported total revenue of $164K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Duncaster Residents Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Duncaster Residents Association is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $202K |
| Total Expenses | $219K |
| Surplus / Deficit | $-17,120 |
| Total Assets | $85K |
| Net Assets | $85K |
| Operating Margin | -8.5% |
| Months of Reserves | 4.6 months |
Financial Health Grade: B
In 2023, Duncaster Residents Association reported a deficit of $17K with expenses exceeding revenue, holds 4.6 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Duncaster Residents Association's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.3% | +3.5% | -16.8% |
| 2022 | +69.8% | +25.2% | +41.0% |
| 2021 | -39.1% | -18.3% | -27.3% |
| 2020 | -3.9% | -16.8% | +36.0% |
| 2019 | -2.2% | +4.9% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Duncaster Residents Association with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Duncaster Residents Association 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 deficit of $17K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it falls below the Form 990 reporting threshold for highly compensated individuals.
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 Duncaster Residents Association:
- Consistent revenue streams over multiple years, averaging around $220,000 annually.
- Healthy asset base, consistently above $70,000, indicating financial stability.
- Low fundraising costs, suggesting efficient donor engagement or reliance on stable funding sources.
Frequently Asked Questions about Duncaster Residents Association
Is Duncaster Residents Association a legitimate charity?
Duncaster Residents Association (EIN: 222574407) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $164K. No red flags identified. 3 strengths noted. Financial health grade: B.
How does Duncaster Residents Association spend its money?
Duncaster Residents Association directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Duncaster Residents Association tax-deductible?
Duncaster Residents Association is registered as a tax-exempt nonprofit (EIN: 222574407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Duncaster Residents Association's spending goes to programs?
Duncaster Residents Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Duncaster Residents Association compare to similar nonprofits?
With a transparency score of 75/100 (Good), Duncaster Residents Association is above average for NTEE category L50Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Duncaster Residents Association located?
Duncaster Residents Association is headquartered in Bloomfield, Connecticut and files with the IRS under EIN 222574407. It is classified under NTEE code L50Z.
How many years of IRS 990 filings does Duncaster Residents Association have?
Duncaster Residents Association 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 $164K in total revenue.
What does Duncaster Residents Association do?
Duncaster Residents Association is a nonprofit organization in the Housing & Shelter sector, located in Bloomfield, Connecticut. It is classified under NTEE code L50Z.
How much revenue does Duncaster Residents Association have?
Duncaster Residents Association reported total revenue of $163,609. Based on 13 IRS 990 filings on record.
What are Duncaster Residents Association's total assets?
Duncaster Residents Association holds total assets of $74,940 as reported in IRS 990 filings.
Where is Duncaster Residents Association located?
Duncaster Residents Association is based in Bloomfield, Connecticut.
What is Duncaster Residents Association's EIN?
Duncaster Residents Association's Employer Identification Number (EIN) is 222574407. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Duncaster Residents Association?
Duncaster Residents Association is classified under NTEE code L50Z (Housing & Shelter).
Is Duncaster Residents Association a registered 501(c)(3)?
Yes, Duncaster Residents Association is recognized as a tax-exempt organization by the IRS. EIN: 222574407.
Does Duncaster Residents Association file IRS Form 990?
Yes, Duncaster Residents Association has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Duncaster Residents Association's revenue in 2023?
In the 202309 filing period, Duncaster Residents Association reported total revenue of $202,060, total expenses of $219,180, and net assets of $84,663.
Is Duncaster Residents Association's revenue growing or declining?
Duncaster Residents Association's revenue is declining. Revenue went from $241,426 (202209) to $202,060 (202309), a -16.3% change. Based on 13 filings on record.
What is Duncaster Residents Association's most recent 990 filing?
The most recent IRS Form 990 filing for Duncaster Residents Association covers tax period 202309. It shows revenue of $202,060, expenses of $219,180, total assets of $84,663, and liabilities of N/A.
How much does Duncaster Residents Association spend on programs vs administration?
Based on IRS 990 analysis, Duncaster Residents Association allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Duncaster Residents Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Duncaster Residents Association appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Duncaster Residents Association's strengths?
Positive indicators for Duncaster Residents Association include: Consistent revenue streams over multiple years, averaging around $220,000 annually.. Healthy asset base, consistently above $70,000, indicating financial stability.. Low fundraising costs, suggesting efficient donor engagement or reliance on stable funding sources.. These findings are derived from AI analysis of the organization's financial filings.
How does Duncaster Residents Association compensate executives?
Executive compensation is not reported in the provided data, suggesting it falls below the Form 990 reporting threshold for highly compensated individuals. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the primary source of revenue for the Duncaster Residents Association, given the consistent revenue and lack of significant fundraising expenses?
The consistent revenue and minimal fundraising expenses suggest that the Duncaster Residents Association primarily relies on membership dues, resident fees, or direct contributions from the Duncaster community rather than broad public fundraising campaigns.
Filing History
IRS 990 filing history for Duncaster Residents Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Duncaster Residents Association's revenue has grown by 34.5%, moving from $150K to $202K. Total assets increased by 114.6% over the same period, from $39K to $85K. Total functional expenses rose by 38.7%, from $158K to $219K. In its most recent filing year (2023), Duncaster Residents Association reported a deficit of $17K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $202K | $219K | $85K | $0 | — | View 990 |
| 2022 | $241K | $212K | $102K | $0 | — | View 990 |
| 2021 | $142K | $169K | $72K | $0 | — | View 990 |
| 2020 | $233K | $207K | $99K | $0 | — | — |
| 2019 | $243K | $249K | $73K | $0 | — | View 990 |
| 2018 | $248K | $237K | $79K | $0 | — | View 990 |
| 2017 | $232K | $217K | $68K | $0 | — | View 990 |
| 2016 | $221K | $220K | $51K | $0 | — | — |
| 2015 | $212K | $212K | $51K | $0 | — | — |
| 2014 | $169K | $165K | $51K | $0 | — | View 990 |
| 2013 | $155K | $144K | $47K | $0 | — | View 990 |
| 2012 | $156K | $157K | $38K | $0 | — | View 990 |
| 2011 | $150K | $158K | $39K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $202K, expenses of $219K, and assets of $85K (revenue -16.3% year-over-year).
- 2022: Revenue of $241K, expenses of $212K, and assets of $102K (revenue +69.8% year-over-year).
- 2021: Revenue of $142K, expenses of $169K, and assets of $72K (revenue -39.1% year-over-year).
- 2020: Revenue of $233K, expenses of $207K, and assets of $99K (revenue -3.9% year-over-year).
- 2019: Revenue of $243K, expenses of $249K, and assets of $73K (revenue -2.2% year-over-year).
- 2018: Revenue of $248K, expenses of $237K, and assets of $79K (revenue +7.0% year-over-year).
- 2017: Revenue of $232K, expenses of $217K, and assets of $68K (revenue +5.3% year-over-year).
- 2016: Revenue of $221K, expenses of $220K, and assets of $51K (revenue +4.3% year-over-year).
- 2015: Revenue of $212K, expenses of $212K, and assets of $51K (revenue +25.2% year-over-year).
- 2014: Revenue of $169K, expenses of $165K, and assets of $51K (revenue +9.3% year-over-year).
- 2013: Revenue of $155K, expenses of $144K, and assets of $47K (revenue -0.9% year-over-year).
- 2012: Revenue of $156K, expenses of $157K, and assets of $38K (revenue +3.8% year-over-year).
- 2011: Revenue of $150K, expenses of $158K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Duncaster Residents Association:
Data Sources and Methodology
This transparency report for Duncaster Residents Association 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.