Family Service Of Greater Waterbury
EIN: 60646627 · Waterbury, CT
| Metric | Value |
|---|---|
| Total Expenses | $2.2M |
| Net Assets | $986K |
Is Family Service Of Greater Waterbury Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Family Service Of Greater Waterbury
Family Service Of Greater Waterbury (EIN: 60646627) is a nonprofit organization based in Waterbury, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Family Service Of Greater Waterbury's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Family Service Of Greater Waterbury is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -9.6%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-101,688 |
| Total Assets | $2.0M |
| Total Liabilities | $978K |
| Net Assets | $986K |
| Operating Margin | -4.9% |
| Debt-to-Asset Ratio | 49.8% |
| Months of Reserves | 10.8 months |
Financial Health Grade: B
In 2015, Family Service Of Greater Waterbury reported a deficit of $102K with expenses exceeding revenue, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 49.8% (moderate leverage).
Financial Trends
Over 5 years of filings (2011–2015), Family Service Of Greater Waterbury's revenue has declined at a compound annual growth rate (CAGR) of -9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -2.7% | -3.2% | -8.1% |
| 2014 | +3.8% | +1.7% | -4.3% |
| 2013 | -26.5% | -31.3% | -5.6% |
| 2012 | -9.9% | -6.2% | -20.2% |
AI Analysis Pending
AI enrichment for Family Service Of Greater Waterbury 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 Family Service Of Greater Waterbury 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $102K, with expenses exceeding revenue.
- Debt-to-asset ratio: 49.8%.
Frequently Asked Questions about Family Service Of Greater Waterbury
Is Family Service Of Greater Waterbury a legitimate charity?
Family Service Of Greater Waterbury (EIN: 60646627) is a registered tax-exempt nonprofit based in Connecticut. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Family Service Of Greater Waterbury spend its money?
Family Service Of Greater Waterbury reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Family Service Of Greater Waterbury tax-deductible?
Family Service Of Greater Waterbury is registered as a tax-exempt nonprofit (EIN: 60646627). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Family Service Of Greater Waterbury located?
Family Service Of Greater Waterbury is headquartered in Waterbury, Connecticut and files with the IRS under EIN 60646627.
How many years of IRS 990 filings does Family Service Of Greater Waterbury have?
Family Service Of Greater Waterbury has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Family Service Of Greater Waterbury showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Family Service Of Greater Waterbury's revenue has declined by 33.2%, moving from $3.1M to $2.1M. Total assets decreased by 33.8% over the same period, from $3.0M to $2.0M. Total functional expenses fell by 36.6%, from $3.4M to $2.2M. In its most recent filing year (2015), Family Service Of Greater Waterbury reported a deficit of $102K, with expenses exceeding revenue. The organization holds $978K in liabilities against $2.0M in assets (debt-to-asset ratio: 49.8%), resulting in net assets of $986K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $2.1M | $2.2M | $2.0M | $978K | — | View 990 |
| 2014 | $2.1M | $2.3M | $2.1M | $1.0M | — | View 990 |
| 2013 | $2.1M | $2.2M | $2.2M | $1.0M | — | View 990 |
| 2012 | $2.8M | $3.2M | $2.4M | $1.0M | — | View 990 |
| 2011 | $3.1M | $3.4M | $3.0M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $2.1M, expenses of $2.2M, and assets of $2.0M (revenue -2.7% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.3M, and assets of $2.1M (revenue +3.8% year-over-year).
- 2013: Revenue of $2.1M, expenses of $2.2M, and assets of $2.2M (revenue -26.5% year-over-year).
- 2012: Revenue of $2.8M, expenses of $3.2M, and assets of $2.4M (revenue -9.9% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.4M, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Family Service Of Greater Waterbury:
Data Sources and Methodology
This transparency report for Family Service Of Greater Waterbury 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.