Fairfield County Bar Association Inc
Fairfield County Bar Association: Stable Finances, Low Overhead
EIN: 222485157 · Stamford, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $258K |
| Total Expenses | $259K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $309K |
| Transparency Score | 75/100 |
Is Fairfield County Bar Association Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fairfield County Bar Association Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fairfield County Bar Association Inc
Fairfield County Bar Association Inc (EIN: 222485157) is a nonprofit organization based in Stamford, CT. The organization reported total revenue of $258K and total assets of $311K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fairfield County Bar Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fairfield County Bar Association Inc is a small 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 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $248K |
| Total Expenses | $259K |
| Surplus / Deficit | $-10,298 |
| Total Assets | $313K |
| Total Liabilities | $4K |
| Net Assets | $309K |
| Operating Margin | -4.1% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 14.5 months |
Financial Health Grade: B
In 2023, Fairfield County Bar Association Inc reported a deficit of $10K with expenses exceeding revenue, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fairfield County Bar Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | +14.0% | -3.0% |
| 2022 | -2.0% | +5.0% | +8.1% |
| 2021 | -5.9% | -10.0% | +15.1% |
| 2020 | -16.6% | -19.6% | +13.9% |
| 2019 | -6.6% | -2.4% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Fairfield County Bar Association Inc with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Fairfield County Bar Association Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure, which is highly efficient.
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.
Strengths
The following positive indicators were identified for Fairfield County Bar Association Inc:
- Consistent revenue and asset base over several years, indicating financial stability.
- Very low administrative and fundraising costs, maximizing resources for programs.
- No reported executive compensation, demonstrating a commitment to minimizing overhead.
- Positive net assets, growing from $158,356 in 2017 to $313,048 in 2023.
Frequently Asked Questions about Fairfield County Bar Association Inc
Is Fairfield County Bar Association Inc a legitimate charity?
Fairfield County Bar Association Inc (EIN: 222485157) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $258K. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Fairfield County Bar Association Inc spend its money?
Fairfield County Bar Association Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Fairfield County Bar Association Inc tax-deductible?
Fairfield County Bar Association Inc is registered as a tax-exempt nonprofit (EIN: 222485157). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fairfield County Bar Association Inc CEO make?
Fairfield County Bar Association Inc's highest-compensated officer earns $0 annually. The organization reported $258K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fairfield County Bar Association Inc's spending goes to programs?
Fairfield County Bar Association Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Fairfield County Bar Association Inc located?
Fairfield County Bar Association Inc is headquartered in Stamford, Connecticut and files with the IRS under EIN 222485157.
How many years of IRS 990 filings does Fairfield County Bar Association Inc have?
Fairfield County Bar Association 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 $258K in total revenue.
What does Fairfield County Bar Association Inc do?
Fairfield County Bar Association Inc is a nonprofit organization in the Unknown sector, located in Stamford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Fairfield County Bar Association Inc have?
Fairfield County Bar Association Inc reported total revenue of $257,825. Based on 13 IRS 990 filings on record.
What are Fairfield County Bar Association Inc's total assets?
Fairfield County Bar Association Inc holds total assets of $310,523 as reported in IRS 990 filings.
Where is Fairfield County Bar Association Inc located?
Fairfield County Bar Association Inc is based in Stamford, Connecticut.
What is Fairfield County Bar Association Inc's EIN?
Fairfield County Bar Association Inc's Employer Identification Number (EIN) is 222485157. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Fairfield County Bar Association Inc?
Fairfield County Bar Association Inc is classified under NTEE code Unknown (Unknown).
Is Fairfield County Bar Association Inc a registered 501(c)(3)?
Fairfield County Bar Association Inc appears in IRS records (EIN: 222485157). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Fairfield County Bar Association Inc file IRS Form 990?
Yes, Fairfield County Bar Association Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Fairfield County Bar Association Inc's revenue in 2023?
In the 202308 filing period, Fairfield County Bar Association Inc reported total revenue of $248,497, total expenses of $258,795, and net assets of $313,048.
Is Fairfield County Bar Association Inc's revenue growing or declining?
Fairfield County Bar Association Inc's revenue is relatively stable. Revenue went from $250,678 (202208) to $248,497 (202308), a -0.9% change. Based on 13 filings on record.
What is Fairfield County Bar Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Fairfield County Bar Association Inc covers tax period 202308. It shows revenue of $248,497, expenses of $258,795, total assets of $313,048, and liabilities of $4,326.
How much does Fairfield County Bar Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Fairfield County Bar Association Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Fairfield County Bar Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Fairfield County Bar Association Inc appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are Fairfield County Bar Association Inc's strengths?
Positive indicators for Fairfield County Bar Association Inc include: Consistent revenue and asset base over several years, indicating financial stability.. Very low administrative and fundraising costs, maximizing resources for programs.. No reported executive compensation, demonstrating a commitment to minimizing overhead.. Positive net assets, growing from $158,356 in 2017 to $313,048 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Fairfield County Bar Association Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or very low-cost leadership structure, which is highly efficient. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Fairfield County Bar Association Inc?
• The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, as per their Form 990 filings. • Detailed financial statements are publicly available through their Form 990s, showing consistent revenue and expense reporting. • The organization's legal expenses are minimal, indicating a low likelihood of compliance issues. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the Fairfield County Bar Association Inc. manage to operate with $0 reported executive compensation?
The organization likely relies heavily on volunteer leadership from its members, which is common for professional associations. This structure allows them to allocate nearly all their revenue to programs and operational expenses rather than salaries for top executives.
What is the primary driver of the organization's consistent positive net assets despite fluctuating revenues?
The consistent control over expenses, particularly the absence of executive compensation and generally low administrative costs, allows the organization to retain a significant portion of its revenue as net assets, even when total revenues vary year-to-year. For example, in 2023, with revenues of $248,497 and expenses of $258,795, the slight deficit was offset by prior years' surpluses, maintaining a healthy asset base of $313,048.
Filing History
IRS 990 filing history for Fairfield County Bar Association Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fairfield County Bar Association Inc's revenue has grown by 4.4%, moving from $238K to $248K. Total assets increased by 67.1% over the same period, from $187K to $313K. Total functional expenses rose by 0.6%, from $257K to $259K. In its most recent filing year (2023), Fairfield County Bar Association Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $4K in liabilities against $313K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $309K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $248K | $259K | $313K | $4K | — | — |
| 2022 | $251K | $227K | $323K | $4K | — | View 990 |
| 2021 | $256K | $216K | $299K | $3K | — | View 990 |
| 2020 | $272K | $240K | $260K | $4K | — | — |
| 2019 | $326K | $299K | $228K | $4K | — | View 990 |
| 2018 | $349K | $306K | $201K | $3K | — | View 990 |
| 2017 | $280K | $297K | $158K | $3K | — | View 990 |
| 2016 | $305K | $300K | $175K | $3K | — | View 990 |
| 2015 | $304K | $301K | $171K | $4K | — | View 990 |
| 2014 | $278K | $292K | $170K | $5K | — | View 990 |
| 2013 | $279K | $286K | $183K | $4K | — | View 990 |
| 2012 | $266K | $265K | $189K | $4K | — | View 990 |
| 2011 | $238K | $257K | $187K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $248K, expenses of $259K, and assets of $313K (revenue -0.9% year-over-year).
- 2022: Revenue of $251K, expenses of $227K, and assets of $323K (revenue -2.0% year-over-year).
- 2021: Revenue of $256K, expenses of $216K, and assets of $299K (revenue -5.9% year-over-year).
- 2020: Revenue of $272K, expenses of $240K, and assets of $260K (revenue -16.6% year-over-year).
- 2019: Revenue of $326K, expenses of $299K, and assets of $228K (revenue -6.6% year-over-year).
- 2018: Revenue of $349K, expenses of $306K, and assets of $201K (revenue +24.6% year-over-year).
- 2017: Revenue of $280K, expenses of $297K, and assets of $158K (revenue -8.2% year-over-year).
- 2016: Revenue of $305K, expenses of $300K, and assets of $175K (revenue +0.2% year-over-year).
- 2015: Revenue of $304K, expenses of $301K, and assets of $171K (revenue +9.3% year-over-year).
- 2014: Revenue of $278K, expenses of $292K, and assets of $170K (revenue -0.4% year-over-year).
- 2013: Revenue of $279K, expenses of $286K, and assets of $183K (revenue +5.1% year-over-year).
- 2012: Revenue of $266K, expenses of $265K, and assets of $189K (revenue +11.6% year-over-year).
- 2011: Revenue of $238K, expenses of $257K, and assets of $187K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fairfield County Bar Association Inc:
Data Sources and Methodology
This transparency report for Fairfield County Bar Association 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.