Education Enrichment Fund Of Thomaston Inc
EIN: 61238009 · Thomaston, CT
| Metric | Value |
|---|---|
| Total Revenue | $16K |
| Total Expenses | $6K |
| Net Assets | $288K |
Is Education Enrichment Fund Of Thomaston Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Education Enrichment Fund Of Thomaston Inc
Education Enrichment Fund Of Thomaston Inc (EIN: 61238009) is a nonprofit organization based in Thomaston, CT. The organization reported total revenue of $16K and total assets of $299K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Education Enrichment Fund Of Thomaston Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Education Enrichment Fund Of Thomaston Inc is a micro nonprofit that has been operating for 36 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31K |
| Total Expenses | $6K |
| Surplus / Deficit | +$24K |
| Total Assets | $288K |
| Net Assets | $288K |
| Operating Margin | 78.7% |
| Months of Reserves | 532.7 months |
Financial Health Grade: A
In 2023, Education Enrichment Fund Of Thomaston Inc reported a surplus of $24K with revenue exceeding expenses, holds 532.7 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Education Enrichment Fund Of Thomaston Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +126.2% | +8.6% | +2.9% |
| 2022 | +6.8% | -72.3% | -1.2% |
| 2021 | -3.9% | +927.2% | +9.0% |
| 2020 | +0.7% | +19.4% | -1.9% |
| 2019 | -4.5% | -77.3% | +25.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Education Enrichment Fund Of Thomaston 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 Education Enrichment Fund Of Thomaston 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 $24K, with revenue exceeding expenses.
Frequently Asked Questions about Education Enrichment Fund Of Thomaston Inc
Is Education Enrichment Fund Of Thomaston Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Education Enrichment Fund Of Thomaston Inc (EIN: 61238009) insufficient data. 0 red flags identified, 0 strengths noted.
How does Education Enrichment Fund Of Thomaston Inc spend its money?
Detailed spending breakdown data is not yet available for Education Enrichment Fund Of Thomaston Inc. Check back for updated IRS 990 analysis.
Are donations to Education Enrichment Fund Of Thomaston Inc tax-deductible?
Education Enrichment Fund Of Thomaston Inc is registered as a tax-exempt nonprofit (EIN: 61238009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Education Enrichment Fund Of Thomaston Inc located?
Education Enrichment Fund Of Thomaston Inc is headquartered in Thomaston, Connecticut and files with the IRS under EIN 61238009.
How many years of IRS 990 filings does Education Enrichment Fund Of Thomaston Inc have?
Education Enrichment Fund Of Thomaston Inc has 14 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 $16K in total revenue.
Filing History
IRS 990 filing history for Education Enrichment Fund Of Thomaston Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Education Enrichment Fund Of Thomaston Inc's revenue has grown by 29.7%, moving from $24K to $31K. Total assets increased by 29.4% over the same period, from $223K to $288K. Total functional expenses fell by 55.9%, from $15K to $6K. In its most recent filing year (2023), Education Enrichment Fund Of Thomaston Inc reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31K | $6K | $288K | $0 | — | — |
| 2022 | $13K | $6K | $280K | $0 | — | View 990 |
| 2021 | $13K | $22K | $284K | $0 | — | — |
| 2020 | $13K | $2K | $260K | $0 | — | View 990 |
| 2019 | $13K | $2K | $265K | $0 | — | View 990 |
| 2018 | $14K | $8K | $212K | $0 | — | View 990 |
| 2017 | $4 | $2K | $220K | $0 | — | View 990 |
| 2016 | $587 | $2K | $206K | $0 | — | View 990 |
| 2015 | $403 | $25K | $199K | $0 | — | View 990 |
| 2014 | $552 | $3K | $246K | $0 | — | View 990 |
| 2013 | $12K | $11K | $253K | $0 | — | View 990 |
| 2012 | $15K | $11K | $229K | $0 | — | View 990 |
| 2011 | $23K | $11K | $218K | $0 | — | — |
| 2010 | $24K | $15K | $223K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31K, expenses of $6K, and assets of $288K (revenue +126.2% year-over-year).
- 2022: Revenue of $13K, expenses of $6K, and assets of $280K (revenue +6.8% year-over-year).
- 2021: Revenue of $13K, expenses of $22K, and assets of $284K (revenue -3.9% year-over-year).
- 2020: Revenue of $13K, expenses of $2K, and assets of $260K (revenue +0.7% year-over-year).
- 2019: Revenue of $13K, expenses of $2K, and assets of $265K (revenue -4.5% year-over-year).
- 2018: Revenue of $14K, expenses of $8K, and assets of $212K (revenue +341450.0% year-over-year).
- 2017: Revenue of $4, expenses of $2K, and assets of $220K (revenue -99.3% year-over-year).
- 2016: Revenue of $587, expenses of $2K, and assets of $206K (revenue +45.7% year-over-year).
- 2015: Revenue of $403, expenses of $25K, and assets of $199K (revenue -27.0% year-over-year).
- 2014: Revenue of $552, expenses of $3K, and assets of $246K (revenue -95.3% year-over-year).
- 2013: Revenue of $12K, expenses of $11K, and assets of $253K (revenue -19.2% year-over-year).
- 2012: Revenue of $15K, expenses of $11K, and assets of $229K (revenue -36.3% year-over-year).
- 2011: Revenue of $23K, expenses of $11K, and assets of $218K (revenue -2.2% year-over-year).
- 2010: Revenue of $24K, expenses of $15K, and assets of $223K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Education Enrichment Fund Of Thomaston Inc:
Data Sources and Methodology
This transparency report for Education Enrichment Fund Of Thomaston 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.