Epilepsy Foundation Of Connecticut Inc
Epilepsy Foundation Of Connecticut Inc: Mixed Financials, Strong Mission Focus
EIN: 222535999 · Middletown, CT · NTEE: G54Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $759K |
| Program Spending | 75% |
| Net Assets | $3.3M |
| Transparency Score | 85/100 |
Is Epilepsy Foundation Of Connecticut Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Epilepsy Foundation Of Connecticut Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Epilepsy Foundation Of Connecticut Inc
Epilepsy Foundation Of Connecticut Inc (EIN: 222535999) is a nonprofit organization based in Middletown, CT, classified under NTEE code G54Z. The organization reported total revenue of $1.2M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Epilepsy Foundation Of Connecticut Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Epilepsy Foundation Of Connecticut Inc is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $599K |
| Total Expenses | $759K |
| Surplus / Deficit | $-160,010 |
| Total Assets | $3.4M |
| Total Liabilities | $114K |
| Net Assets | $3.3M |
| Operating Margin | -26.7% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 53.8 months |
Financial Health Grade: B
In 2023, Epilepsy Foundation Of Connecticut Inc reported a deficit of $160K with expenses exceeding revenue, holds 53.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Epilepsy Foundation Of Connecticut Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.0% | +96.3% | +3.8% |
| 2022 | -42.6% | -24.9% | -14.0% |
| 2021 | +105.1% | +19.4% | +11.3% |
| 2020 | -23.5% | -4.5% | +7.3% |
| 2019 | +0.2% | -1.9% | +16.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1984 |
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 Epilepsy Foundation Of Connecticut Inc 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: 75%
- fundraising: 10%
According to IRS 990 filings, Epilepsy Foundation Of Connecticut Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $160K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.4%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided 990-EZ filings, making it difficult to assess its reasonableness relative to the organization's revenue and assets.
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.
Red Flags
The following concerns were identified during AI analysis of Epilepsy Foundation Of Connecticut Inc's IRS 990 filings:
- Revenue in 2023 ($599,324) saw a significant increase from 2022 ($389,163), but remains lower than 2021 ($677,570), indicating revenue volatility.
- Total expenses ($759,334 in 2023) consistently exceed revenue, leading to a net deficit in most reported years.
Strengths
The following positive indicators were identified for Epilepsy Foundation Of Connecticut Inc:
- The organization consistently maintains a healthy level of assets ($3,405,022 in 2023), providing financial stability despite operational deficits.
- The mission to support individuals with epilepsy is clear and directly addresses a critical health need.
Frequently Asked Questions about Epilepsy Foundation Of Connecticut Inc
Is Epilepsy Foundation Of Connecticut Inc a legitimate charity?
Epilepsy Foundation Of Connecticut Inc (EIN: 222535999) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Epilepsy Foundation Of Connecticut Inc spend its money?
Epilepsy Foundation Of Connecticut Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Epilepsy Foundation Of Connecticut Inc tax-deductible?
Epilepsy Foundation Of Connecticut Inc is registered as a tax-exempt nonprofit (EIN: 222535999). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Epilepsy Foundation Of Connecticut Inc's spending goes to programs?
Epilepsy Foundation Of Connecticut Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Epilepsy Foundation Of Connecticut Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Epilepsy Foundation Of Connecticut Inc is above average for NTEE category G54Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Epilepsy Foundation Of Connecticut Inc located?
Epilepsy Foundation Of Connecticut Inc is headquartered in Middletown, Connecticut and files with the IRS under EIN 222535999. It is classified under NTEE code G54Z.
How many years of IRS 990 filings does Epilepsy Foundation Of Connecticut Inc have?
Epilepsy Foundation Of Connecticut 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 $1.2M in total revenue.
What does Epilepsy Foundation Of Connecticut Inc do?
Epilepsy Foundation Of Connecticut Inc is a nonprofit organization in the Diseases, Disorders & Medical Disciplines sector, located in Middletown, Connecticut. It is classified under NTEE code G54Z.
How much revenue does Epilepsy Foundation Of Connecticut Inc have?
Epilepsy Foundation Of Connecticut Inc reported total revenue of $1,168,180. Based on 13 IRS 990 filings on record.
What are Epilepsy Foundation Of Connecticut Inc's total assets?
Epilepsy Foundation Of Connecticut Inc holds total assets of $3,467,051 as reported in IRS 990 filings.
Where is Epilepsy Foundation Of Connecticut Inc located?
Epilepsy Foundation Of Connecticut Inc is based in Middletown, Connecticut.
What is Epilepsy Foundation Of Connecticut Inc's EIN?
Epilepsy Foundation Of Connecticut Inc's Employer Identification Number (EIN) is 222535999. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Epilepsy Foundation Of Connecticut Inc?
Epilepsy Foundation Of Connecticut Inc is classified under NTEE code G54Z (Diseases, Disorders & Medical Disciplines).
Is Epilepsy Foundation Of Connecticut Inc a registered 501(c)(3)?
Yes, Epilepsy Foundation Of Connecticut Inc is recognized as a tax-exempt organization by the IRS. EIN: 222535999.
Does Epilepsy Foundation Of Connecticut Inc file IRS Form 990?
Yes, Epilepsy Foundation Of Connecticut Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Epilepsy Foundation Of Connecticut Inc's revenue in 2023?
In the 202312 filing period, Epilepsy Foundation Of Connecticut Inc reported total revenue of $599,324, total expenses of $759,334, and net assets of $3,405,022.
Is Epilepsy Foundation Of Connecticut Inc's revenue growing or declining?
Epilepsy Foundation Of Connecticut Inc's revenue is growing. Revenue went from $389,163 (202212) to $599,324 (202312), a +54.0% change. Based on 13 filings on record.
What is Epilepsy Foundation Of Connecticut Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Epilepsy Foundation Of Connecticut Inc covers tax period 202312. It shows revenue of $599,324, expenses of $759,334, total assets of $3,405,022, and liabilities of $114,138.
How much does Epilepsy Foundation Of Connecticut Inc spend on programs vs administration?
Based on IRS 990 analysis, Epilepsy Foundation Of Connecticut Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Epilepsy Foundation Of Connecticut Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Epilepsy Foundation Of Connecticut Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 2 strengths noted.
What are the red flags for Epilepsy Foundation Of Connecticut Inc?
The following concerns were identified: Revenue in 2023 ($599,324) saw a significant increase from 2022 ($389,163), but remains lower than 2021 ($677,570), indicating revenue volatility.. Total expenses ($759,334 in 2023) consistently exceed revenue, leading to a net deficit in most reported years.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Epilepsy Foundation Of Connecticut Inc's strengths?
Positive indicators for Epilepsy Foundation Of Connecticut Inc include: The organization consistently maintains a healthy level of assets ($3,405,022 in 2023), providing financial stability despite operational deficits.. The mission to support individuals with epilepsy is clear and directly addresses a critical health need.. These findings are derived from AI analysis of the organization's financial filings.
How does Epilepsy Foundation Of Connecticut Inc compensate executives?
Executive compensation is not explicitly detailed in the provided 990-EZ filings, making it difficult to assess its reasonableness relative to the organization's revenue and assets. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent operational deficits (e.g., $159,990 in 2023 where expenses were $759,334 and revenue was $599,324), how does the organization plan to achieve long-term financial sustainability without depleting its assets?
The organization's ability to maintain significant assets despite recurring operational deficits suggests reliance on prior accumulated funds or non-operating income not detailed in the provided summary. A strategic plan for increasing sustainable revenue or reducing expenses would be crucial for long-term viability.
Filing History
IRS 990 filing history for Epilepsy Foundation Of Connecticut Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Epilepsy Foundation Of Connecticut Inc's revenue has grown by 191.7%, moving from $205K to $599K. Total assets increased by 957.8% over the same period, from $322K to $3.4M. Total functional expenses rose by 242.5%, from $222K to $759K. In its most recent filing year (2023), Epilepsy Foundation Of Connecticut Inc reported a deficit of $160K, with expenses exceeding revenue. The organization holds $114K in liabilities against $3.4M in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $3.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $599K | $759K | $3.4M | $114K | — | — |
| 2022 | $389K | $387K | $3.3M | $134K | — | View 990 |
| 2021 | $678K | $515K | $3.8M | $127K | — | View 990 |
| 2020 | $330K | $431K | $3.4M | $7K | — | View 990 |
| 2019 | $432K | $452K | $3.2M | $5K | — | View 990 |
| 2018 | $431K | $461K | $2.8M | $8K | — | View 990 |
| 2017 | $342K | $411K | $3.0M | $9K | — | View 990 |
| 2016 | $454K | $438K | $3.1M | $15K | — | View 990 |
| 2015 | $2.9M | $333K | $3.0M | $37K | — | View 990 |
| 2014 | $344K | $249K | $477K | $8K | — | View 990 |
| 2013 | $274K | $234K | $388K | $14K | — | View 990 |
| 2012 | $252K | $244K | $341K | $11K | — | View 990 |
| 2011 | $205K | $222K | $322K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $599K, expenses of $759K, and assets of $3.4M (revenue +54.0% year-over-year).
- 2022: Revenue of $389K, expenses of $387K, and assets of $3.3M (revenue -42.6% year-over-year).
- 2021: Revenue of $678K, expenses of $515K, and assets of $3.8M (revenue +105.1% year-over-year).
- 2020: Revenue of $330K, expenses of $431K, and assets of $3.4M (revenue -23.5% year-over-year).
- 2019: Revenue of $432K, expenses of $452K, and assets of $3.2M (revenue +0.2% year-over-year).
- 2018: Revenue of $431K, expenses of $461K, and assets of $2.8M (revenue +26.1% year-over-year).
- 2017: Revenue of $342K, expenses of $411K, and assets of $3.0M (revenue -24.8% year-over-year).
- 2016: Revenue of $454K, expenses of $438K, and assets of $3.1M (revenue -84.3% year-over-year).
- 2015: Revenue of $2.9M, expenses of $333K, and assets of $3.0M (revenue +741.2% year-over-year).
- 2014: Revenue of $344K, expenses of $249K, and assets of $477K (revenue +25.5% year-over-year).
- 2013: Revenue of $274K, expenses of $234K, and assets of $388K (revenue +8.6% year-over-year).
- 2012: Revenue of $252K, expenses of $244K, and assets of $341K (revenue +22.8% year-over-year).
- 2011: Revenue of $205K, expenses of $222K, and assets of $322K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Epilepsy Foundation Of Connecticut Inc:
Data Sources and Methodology
This transparency report for Epilepsy Foundation Of Connecticut 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.