Edgewood Corners Inc
EIN: 61464648 · New Haven, CT · NTEE: S31Z
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $27K |
| Net Assets | $128K |
Is Edgewood Corners Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Edgewood Corners Inc
Edgewood Corners Inc (EIN: 61464648) is a nonprofit organization based in New Haven, CT, classified under NTEE code S31Z. The organization reported total revenue of $61K and total assets of $127K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edgewood Corners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edgewood Corners Inc is a micro nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2010–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $27K |
| Surplus / Deficit | $-3,441 |
| Total Assets | $128K |
| Net Assets | $128K |
| Operating Margin | -14.5% |
| Months of Reserves | 56.4 months |
Financial Health Grade: B
In 2023, Edgewood Corners Inc reported a deficit of $3K with expenses exceeding revenue, holds 56.4 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.1% | -23.4% | -2.6% |
| 2020 | -103.8% | -100.0% | -2.1% |
| 2019 | +134.9% | -4.8% | +67.3% |
| 2018 | -16.0% | -26.3% | +14.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Edgewood Corners 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 Edgewood Corners 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 deficit of $3K, with expenses exceeding revenue.
Frequently Asked Questions about Edgewood Corners Inc
Is Edgewood Corners Inc a legitimate charity?
Edgewood Corners Inc (EIN: 61464648) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $61K. No red flags identified. Financial health grade: B.
How does Edgewood Corners Inc spend its money?
Edgewood Corners Inc reported $61K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Edgewood Corners Inc tax-deductible?
Edgewood Corners Inc is registered as a tax-exempt nonprofit (EIN: 61464648). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Edgewood Corners Inc located?
Edgewood Corners Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 61464648. It is classified under NTEE code S31Z.
How many years of IRS 990 filings does Edgewood Corners Inc have?
Edgewood Corners 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 $61K in total revenue.
Filing History
IRS 990 filing history for Edgewood Corners Inc showing financial trends over 13 years of public records:
Total assets increased by 25.3% over the same period, from $102K to $128K. Total functional expenses fell by 58.4%, from $65K to $27K. In its most recent filing year (2023), Edgewood Corners Inc reported a deficit of $3K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $27K | $128K | $0 | — | — |
| 2022 | $27K | $36K | $131K | $0 | — | View 990 |
| 2020 | $-5,639 | $0 | $260K | $0 | — | — |
| 2019 | $147K | $40K | $265K | $0 | — | View 990 |
| 2018 | $62K | $42K | $159K | $0 | — | View 990 |
| 2017 | $74K | $57K | $138K | $0 | — | View 990 |
| 2016 | $24K | $19K | $121K | $0 | — | View 990 |
| 2015 | $38K | $78K | $117K | $0 | — | View 990 |
| 2014 | $117K | $160K | $157K | $0 | — | View 990 |
| 2013 | $141K | $135K | $201K | $0 | — | View 990 |
| 2012 | $142K | $162K | $194K | $0 | — | View 990 |
| 2011 | $164K | $51K | $214K | $0 | — | View 990 |
| 2010 | $-1,096 | $65K | $102K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $27K, and assets of $128K (revenue -13.1% year-over-year).
- 2022: Revenue of $27K, expenses of $36K, and assets of $131K.
- 2020: Revenue of $-5,639, expenses of $0, and assets of $260K (revenue -103.8% year-over-year).
- 2019: Revenue of $147K, expenses of $40K, and assets of $265K (revenue +134.9% year-over-year).
- 2018: Revenue of $62K, expenses of $42K, and assets of $159K (revenue -16.0% year-over-year).
- 2017: Revenue of $74K, expenses of $57K, and assets of $138K (revenue +215.9% year-over-year).
- 2016: Revenue of $24K, expenses of $19K, and assets of $121K (revenue -38.1% year-over-year).
- 2015: Revenue of $38K, expenses of $78K, and assets of $117K (revenue -67.5% year-over-year).
- 2014: Revenue of $117K, expenses of $160K, and assets of $157K (revenue -17.2% year-over-year).
- 2013: Revenue of $141K, expenses of $135K, and assets of $201K (revenue -0.9% year-over-year).
- 2012: Revenue of $142K, expenses of $162K, and assets of $194K (revenue -13.0% year-over-year).
- 2011: Revenue of $164K, expenses of $51K, and assets of $214K.
- 2010: Revenue of $-1,096, expenses of $65K, and assets of $102K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edgewood Corners Inc:
Data Sources and Methodology
This transparency report for Edgewood Corners 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.