Educational Community Inc
EIN: 30392088 · East Hartford, CT · NTEE: E60
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $212 |
| Net Assets | $571K |
Is Educational Community Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Educational Community Inc
Educational Community Inc (EIN: 30392088) is a nonprofit organization based in East Hartford, CT, classified under NTEE code E60. The organization reported total revenue of $1.2M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Educational Community Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Educational Community Inc is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 43.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $410K |
| Total Expenses | $212 |
| Surplus / Deficit | +$409K |
| Total Assets | $571K |
| Total Liabilities | $421 |
| Net Assets | $571K |
| Operating Margin | 99.9% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 32327.9 months |
Financial Health Grade: A
In 2023, Educational Community Inc reported a surplus of $409K with revenue exceeding expenses, holds 32327.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Educational Community Inc's revenue has grown at a compound annual growth rate (CAGR) of 43.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +157.6% | +0.0% | +118.5% |
| 2022 | +6.3% | -95.8% | -20.4% |
| 2021 | +2.4% | — | +32.8% |
| 2020 | -13.3% | -100.0% | +44.3% |
| 2019 | +381.3% | -74.7% | +990.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Educational Community 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 Educational Community 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 $409K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Educational Community Inc
Is Educational Community Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Educational Community Inc (EIN: 30392088) insufficient data. 0 red flags identified, 0 strengths noted.
How does Educational Community Inc spend its money?
Detailed spending breakdown data is not yet available for Educational Community Inc. Check back for updated IRS 990 analysis.
Are donations to Educational Community Inc tax-deductible?
Educational Community Inc is registered as a tax-exempt nonprofit (EIN: 30392088). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Educational Community Inc located?
Educational Community Inc is headquartered in East Hartford, Connecticut and files with the IRS under EIN 30392088. It is classified under NTEE code E60.
How many years of IRS 990 filings does Educational Community Inc have?
Educational Community Inc has 10 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Educational Community Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Educational Community Inc's revenue has grown by 7403.3%, moving from $5K to $410K. Total assets increased by 435.9% over the same period, from $107K to $571K. Total functional expenses fell by 99.4%, from $34K to $212. In its most recent filing year (2023), Educational Community Inc reported a surplus of $409K, with revenue exceeding expenses. The organization holds $421 in liabilities against $571K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $571K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $410K | $212 | $571K | $421 | — | View 990 |
| 2022 | $159K | $212 | $261K | $3K | — | View 990 |
| 2021 | $150K | $5K | $328K | $52K | — | View 990 |
| 2020 | $146K | $0 | $247K | $12K | — | — |
| 2019 | $168K | $203 | $171K | $2K | — | View 990 |
| 2015 | $35K | $802 | $16K | $2K | — | View 990 |
| 2014 | $26K | $969 | $26K | $2K | — | View 990 |
| 2013 | $10K | $1K | $37K | $725 | — | View 990 |
| 2012 | $173 | $0 | $67K | $2K | — | View 990 |
| 2011 | $5K | $34K | $107K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $410K, expenses of $212, and assets of $571K (revenue +157.6% year-over-year).
- 2022: Revenue of $159K, expenses of $212, and assets of $261K (revenue +6.3% year-over-year).
- 2021: Revenue of $150K, expenses of $5K, and assets of $328K (revenue +2.4% year-over-year).
- 2020: Revenue of $146K, expenses of $0, and assets of $247K (revenue -13.3% year-over-year).
- 2019: Revenue of $168K, expenses of $203, and assets of $171K (revenue +381.3% year-over-year).
- 2015: Revenue of $35K, expenses of $802, and assets of $16K (revenue +35.9% year-over-year).
- 2014: Revenue of $26K, expenses of $969, and assets of $26K (revenue +155.8% year-over-year).
- 2013: Revenue of $10K, expenses of $1K, and assets of $37K (revenue +5720.2% year-over-year).
- 2012: Revenue of $173, expenses of $0, and assets of $67K (revenue -96.8% year-over-year).
- 2011: Revenue of $5K, expenses of $34K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Educational Community Inc:
Data Sources and Methodology
This transparency report for Educational Community 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.