Eastern Connecticut Land Bank Inc
EIN: 843728285 · Central Vlg, CT · NTEE: C20
| Metric | Value |
|---|---|
| Total Revenue | $58K |
| Total Expenses | $186 |
| Net Assets | $63K |
Is Eastern Connecticut Land Bank Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eastern Connecticut Land Bank Inc
Eastern Connecticut Land Bank Inc (EIN: 843728285) is a nonprofit organization based in Central Vlg, CT, classified under NTEE code C20. The organization reported total revenue of $58K and total assets of $63K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern Connecticut Land Bank Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastern Connecticut Land Bank Inc is a micro nonprofit that has been operating for 6 years, with 2 years of IRS 990 filings on record (2019–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $186 |
| Surplus / Deficit | +$58K |
| Total Assets | $63K |
| Net Assets | $63K |
| Operating Margin | 99.7% |
| Months of Reserves | 4077.9 months |
Financial Health Grade: A
In 2023, Eastern Connecticut Land Bank Inc reported a surplus of $58K with revenue exceeding expenses, holds 4077.9 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eastern Connecticut Land Bank 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 Eastern Connecticut Land Bank 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 $58K, with revenue exceeding expenses.
Frequently Asked Questions about Eastern Connecticut Land Bank Inc
Is Eastern Connecticut Land Bank Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern Connecticut Land Bank Inc (EIN: 843728285) insufficient data. 0 red flags identified, 0 strengths noted.
How does Eastern Connecticut Land Bank Inc spend its money?
Detailed spending breakdown data is not yet available for Eastern Connecticut Land Bank Inc. Check back for updated IRS 990 analysis.
Are donations to Eastern Connecticut Land Bank Inc tax-deductible?
Eastern Connecticut Land Bank Inc is registered as a tax-exempt nonprofit (EIN: 843728285). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eastern Connecticut Land Bank Inc located?
Eastern Connecticut Land Bank Inc is headquartered in Central Vlg, Connecticut and files with the IRS under EIN 843728285. It is classified under NTEE code C20.
How many years of IRS 990 filings does Eastern Connecticut Land Bank Inc have?
Eastern Connecticut Land Bank Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $58K in total revenue.
Filing History
IRS 990 filing history for Eastern Connecticut Land Bank Inc showing financial trends over 2 years of public records:
Total assets increased by 6320700% over the same period, from $1 to $63K. In its most recent filing year (2023), Eastern Connecticut Land Bank Inc reported a surplus of $58K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $58K | $186 | $63K | $0 | — | — |
| 2019 | $0 | $0 | $1 | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastern Connecticut Land Bank Inc:
Data Sources and Methodology
This transparency report for Eastern Connecticut Land Bank 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.