Estonian American National Council Inc
Estonian American National Council Inc maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 135622310 · Monroe, CT · NTEE: Q33Z · Updated: 2026-03-28
Is Estonian American National Council Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Estonian American National Council Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Estonian American National Council Inc
Estonian American National Council Inc (EIN: 135622310) is a nonprofit organization based in Monroe, CT, classified under NTEE code Q33Z. The organization reported total revenue of $158K and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Estonian American National Council Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Estonian American National Council Inc with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Estonian American National Council Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is a highly positive sign for efficiency and ensures that all funds are directed towards operational and programmatic activities.
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 Estonian American National Council Inc's IRS 990 filings:
- Inconsistent revenue streams leading to significant year-over-year fluctuations
- Expenses occasionally exceeding revenue in multiple periods (e.g., 2020, 2017, 2016, 2014, 2013)
Strengths
The following positive indicators were identified for Estonian American National Council Inc:
- Consistent asset growth over the past decade, from $2.3 million to over $3 million
- Zero officer compensation reported across all filings, indicating high efficiency and dedication of funds to mission
- Low and stable liabilities, demonstrating strong financial management
- Strong asset base relative to annual operating expenses
Frequently Asked Questions about Estonian American National Council Inc
Is Estonian American National Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Estonian American National Council Inc (EIN: 135622310) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Estonian American National Council Inc spend its money?
Estonian American National Council Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Estonian American National Council Inc tax-deductible?
Estonian American National Council Inc is registered as a tax-exempt nonprofit (EIN: 135622310). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Estonian American National Council Inc financially stable?
Yes, the organization appears financially stable. Its assets have consistently grown, reaching over $3 million in 2023, significantly outweighing its liabilities which have remained low (e.g., $21,543 in 2023).
Does Estonian American National Council Inc pay its executives?
No, the organization consistently reports 0% officer compensation in all available IRS 990 filings, indicating no salaries are paid to its executives.
How has the organization's revenue trended?
Revenue has fluctuated significantly over the past decade, ranging from a low of $152,913 in 2013 to a high of $575,338 in 2018 and $532,241 in 2021, before settling at $388,363 in 2023.
Are the organization's expenses under control?
Expenses have also fluctuated, sometimes exceeding revenue (e.g., $258,612 expenses vs. $177,709 revenue in 2020). However, the overall growth in assets suggests that these periods of higher expenses are managed and do not threaten long-term solvency.
Filing History
IRS 990 filing history for Estonian American National Council Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Estonian American National Council Inc's revenue has grown by 389.3%, moving from $79K to $388K. Total assets increased by 80% over the same period, from $1.7M to $3.1M. Total functional expenses rose by 190.3%, from $104K to $303K. In its most recent filing year (2023), Estonian American National Council Inc reported a surplus of $86K, with revenue exceeding expenses. The organization holds $22K in liabilities against $3.1M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $388K | $303K | $3.1M | $22K | — | — |
| 2021 | $532K | $244K | $3.2M | $14K | — | View 990 |
| 2020 | $178K | $259K | $2.5M | $14K | — | View 990 |
| 2019 | $415K | $331K | $2.4M | $10K | — | — |
| 2018 | $575K | $307K | $2.3M | $8K | — | View 990 |
| 2017 | $262K | $266K | $2.5M | $7K | — | — |
| 2016 | $171K | $351K | $2.3M | $21K | — | View 990 |
| 2015 | $272K | $224K | $2.3M | $23K | — | View 990 |
| 2014 | $175K | $299K | $2.4M | $9K | — | View 990 |
| 2013 | $153K | $237K | $2.4M | $6K | — | View 990 |
| 2012 | $882K | $269K | $2.3M | $0 | — | View 990 |
| 2011 | $149K | $229K | $1.7M | $110K | — | View 990 |
| 2010 | $79K | $104K | $1.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $388K, expenses of $303K, and assets of $3.1M (revenue -27.0% year-over-year).
- 2021: Revenue of $532K, expenses of $244K, and assets of $3.2M (revenue +199.5% year-over-year).
- 2020: Revenue of $178K, expenses of $259K, and assets of $2.5M (revenue -57.2% year-over-year).
- 2019: Revenue of $415K, expenses of $331K, and assets of $2.4M (revenue -27.9% year-over-year).
- 2018: Revenue of $575K, expenses of $307K, and assets of $2.3M (revenue +119.3% year-over-year).
- 2017: Revenue of $262K, expenses of $266K, and assets of $2.5M (revenue +53.4% year-over-year).
- 2016: Revenue of $171K, expenses of $351K, and assets of $2.3M (revenue -37.2% year-over-year).
- 2015: Revenue of $272K, expenses of $224K, and assets of $2.3M (revenue +55.4% year-over-year).
- 2014: Revenue of $175K, expenses of $299K, and assets of $2.4M (revenue +14.7% year-over-year).
- 2013: Revenue of $153K, expenses of $237K, and assets of $2.4M (revenue -82.7% year-over-year).
- 2012: Revenue of $882K, expenses of $269K, and assets of $2.3M (revenue +491.2% year-over-year).
- 2011: Revenue of $149K, expenses of $229K, and assets of $1.7M (revenue +88.0% year-over-year).
- 2010: Revenue of $79K, expenses of $104K, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Estonian American National Council 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.