Eastern Connecticut Association Of Realtors Charitable And Education
Eastern Connecticut Association Of Realtors Charitable And Education shows consistent revenue growth and no executive compensation.
EIN: 113681923 · Norwich, CT · NTEE: P12 · Updated: 2026-03-28
Is Eastern Connecticut Association Of Realtors Charitable And Education Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eastern Connecticut Association Of Realtors Charitable And Education directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eastern Connecticut Association Of Realtors Charitable And Education
Eastern Connecticut Association Of Realtors Charitable And Education (EIN: 113681923) is a nonprofit organization based in Norwich, CT, classified under NTEE code P12. The organization reported total revenue of $36K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Connecticut Association Of Realtors Charitable And Education's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastern Connecticut Association Of Realtors Charitable And Education is a micro nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $30K |
| Surplus / Deficit | +$6K |
| Total Assets | $37K |
| Total Liabilities | $5K |
| Net Assets | $31K |
| Operating Margin | 15.9% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 14.7 months |
Financial Health Grade: A
In 2023, Eastern Connecticut Association Of Realtors Charitable And Education reported a surplus of $6K with revenue exceeding expenses, holds 14.7 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Eastern Connecticut Association Of Realtors Charitable And Education's revenue has grown at a compound annual growth rate (CAGR) of 12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.2% | +13.7% | +2.2% |
| 2022 | +17.0% | +26.4% | +38.1% |
| 2021 | +23.4% | +19.3% | +18.8% |
| 2020 | -28.6% | -31.8% | -21.0% |
| 2019 | +27.3% | +13.0% | +20.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Eastern Connecticut Association Of Realtors Charitable And Education with a Mission Score of 85 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: 15%
- programs: 85%
- fundraising: 0%
According to IRS 990 filings, Eastern Connecticut Association Of Realtors Charitable And Education allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size with revenues around $30,000-$35,000.
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 Eastern Connecticut Association Of Realtors Charitable And Education:
- Consistent revenue growth (from $12,099 in 2014 to $35,561 in 2023)
- No reported officer compensation (0% across all filings)
- Consistent operating surplus (e.g., $5,653 surplus in 2023)
- Growing asset base ($6,490 in 2014 to $36,558 in 2023)
- Regular IRS 990 filing history (13 filings)
Frequently Asked Questions about Eastern Connecticut Association Of Realtors Charitable And Education
Is Eastern Connecticut Association Of Realtors Charitable And Education a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Connecticut Association Of Realtors Charitable And Education (EIN: 113681923) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Eastern Connecticut Association Of Realtors Charitable And Education spend its money?
Eastern Connecticut Association Of Realtors Charitable And Education directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eastern Connecticut Association Of Realtors Charitable And Education tax-deductible?
Eastern Connecticut Association Of Realtors Charitable And Education is registered as a tax-exempt nonprofit (EIN: 113681923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Eastern Connecticut Association Of Realtors Charitable And Education a good charity?
Based on the available data, the organization appears to be a good charity. It demonstrates consistent financial growth, operates with a surplus, has growing assets, and reports 0% officer compensation, suggesting efficient use of funds.
How has the organization's revenue changed over time?
The organization's revenue has shown a strong upward trend, increasing from $12,099 in 2014 to $35,561 in 2023, indicating healthy growth and increased capacity.
What is the organization's financial stability?
The organization exhibits good financial stability, consistently operating with a surplus (e.g., $35,561 revenue vs. $29,908 expenses in 2023) and growing its assets from $6,490 in 2014 to $36,558 in 2023.
Filing History
IRS 990 filing history for Eastern Connecticut Association Of Realtors Charitable And Education showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eastern Connecticut Association Of Realtors Charitable And Education's revenue has grown by 322.3%, moving from $8K to $36K. Total assets increased by 173.2% over the same period, from $13K to $37K. Total functional expenses rose by 201.7%, from $10K to $30K. In its most recent filing year (2023), Eastern Connecticut Association Of Realtors Charitable And Education reported a surplus of $6K, with revenue exceeding expenses. The organization holds $5K in liabilities against $37K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36K | $30K | $37K | $5K | — | — |
| 2022 | $31K | $26K | $36K | $10K | — | View 990 |
| 2021 | $26K | $21K | $26K | $5K | — | — |
| 2020 | $21K | $17K | $22K | $6K | — | — |
| 2019 | $30K | $26K | $28K | $16K | — | View 990 |
| 2018 | $23K | $23K | $23K | $15K | — | View 990 |
| 2017 | $24K | $23K | $23K | $16K | — | View 990 |
| 2016 | $5K | $5K | $26K | $19K | — | View 990 |
| 2015 | $18K | $17K | $7K | $0 | — | View 990 |
| 2014 | $12K | $12K | $6K | $0 | — | View 990 |
| 2013 | $20K | $22K | $6K | $0 | — | View 990 |
| 2012 | $15K | $20K | $8K | $0 | — | View 990 |
| 2011 | $8K | $10K | $13K | $300 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36K, expenses of $30K, and assets of $37K (revenue +16.2% year-over-year).
- 2022: Revenue of $31K, expenses of $26K, and assets of $36K (revenue +17.0% year-over-year).
- 2021: Revenue of $26K, expenses of $21K, and assets of $26K (revenue +23.4% year-over-year).
- 2020: Revenue of $21K, expenses of $17K, and assets of $22K (revenue -28.6% year-over-year).
- 2019: Revenue of $30K, expenses of $26K, and assets of $28K (revenue +27.3% year-over-year).
- 2018: Revenue of $23K, expenses of $23K, and assets of $23K (revenue -1.1% year-over-year).
- 2017: Revenue of $24K, expenses of $23K, and assets of $23K (revenue +339.1% year-over-year).
- 2016: Revenue of $5K, expenses of $5K, and assets of $26K (revenue -69.5% year-over-year).
- 2015: Revenue of $18K, expenses of $17K, and assets of $7K (revenue +45.3% year-over-year).
- 2014: Revenue of $12K, expenses of $12K, and assets of $6K (revenue -39.1% year-over-year).
- 2013: Revenue of $20K, expenses of $22K, and assets of $6K (revenue +28.1% year-over-year).
- 2012: Revenue of $15K, expenses of $20K, and assets of $8K (revenue +84.0% year-over-year).
- 2011: Revenue of $8K, expenses of $10K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastern Connecticut Association Of Realtors Charitable And Education:
Data Sources and Methodology
This transparency report for Eastern Connecticut Association Of Realtors Charitable And Education 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.