Fellowship Commons Whalley Inc
Fellowship Commons Whalley Inc. consistently operates at a deficit, leading to a gradual decline in assets over the past decade.
EIN: 204445251 · New Haven, CT · NTEE: I21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $311K |
| Total Expenses | $335K |
| Program Spending | 80% |
| Net Assets | $3.1M |
| Transparency Score | 65/100 |
Is Fellowship Commons Whalley Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fellowship Commons Whalley Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fellowship Commons Whalley Inc
Fellowship Commons Whalley Inc (EIN: 204445251) is a nonprofit organization based in New Haven, CT, classified under NTEE code I21. The organization reported total revenue of $311K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fellowship Commons Whalley Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fellowship Commons Whalley Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $319K |
| Total Expenses | $335K |
| Surplus / Deficit | $-16,352 |
| Total Assets | $3.1M |
| Total Liabilities | $20K |
| Net Assets | $3.1M |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 111.5 months |
Financial Health Grade: B
In 2024, Fellowship Commons Whalley Inc reported a deficit of $16K with expenses exceeding revenue, holds 111.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Fellowship Commons Whalley Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.5% | -3.4% | -0.7% |
| 2023 | +34.3% | +8.8% | -1.1% |
| 2022 | +2.4% | -1.2% | -3.0% |
| 2021 | -1.7% | +4.1% | -2.9% |
| 2020 | +0.2% | -3.5% | -2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Fellowship Commons Whalley Inc with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Fellowship Commons Whalley Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries, which is a positive sign for resource allocation given the organization's size and financial position.
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 Fellowship Commons Whalley Inc's IRS 990 filings:
- Consistent operational deficits: Expenses have exceeded revenue in every reported period for the last decade.
- Declining asset base: Assets have decreased by over $730,000 from 2015 to 2024.
- Revenue stagnation: Annual revenue has remained relatively flat, hovering around $200,000-$300,000, while expenses have often been higher.
Strengths
The following positive indicators were identified for Fellowship Commons Whalley Inc:
- Zero executive compensation: Officers are not compensated, indicating a strong commitment to directing funds towards the mission.
- Low and stable liabilities: Liabilities have remained consistently low, typically under $30,000, suggesting good debt management.
- Consistent filing history: The organization has a strong record of 13 IRS 990 filings, demonstrating transparency.
Frequently Asked Questions about Fellowship Commons Whalley Inc
Is Fellowship Commons Whalley Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fellowship Commons Whalley Inc (EIN: 204445251) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Fellowship Commons Whalley Inc spend its money?
Fellowship Commons Whalley Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fellowship Commons Whalley Inc tax-deductible?
Fellowship Commons Whalley Inc is registered as a tax-exempt nonprofit (EIN: 204445251). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Fellowship Commons Whalley Inc's spending goes to programs?
Fellowship Commons Whalley Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Fellowship Commons Whalley Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Fellowship Commons Whalley Inc is above average for NTEE category I21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fellowship Commons Whalley Inc located?
Fellowship Commons Whalley Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 204445251. It is classified under NTEE code I21.
How many years of IRS 990 filings does Fellowship Commons Whalley Inc have?
Fellowship Commons Whalley 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 $311K in total revenue.
Is Fellowship Commons Whalley Inc. financially sustainable?
The organization has consistently reported expenses exceeding revenue for over a decade, leading to a decline in assets from $3.8M in 2015 to $3.1M in 2024. This trend suggests potential long-term sustainability challenges if not addressed.
How does the lack of officer compensation impact the organization?
The reported 0% officer compensation across all filings means that leadership is not drawing salaries, which can free up funds for program activities and indicates a strong commitment to the mission, especially given the organization's operational deficits.
What is the trend in the organization's assets?
The organization's assets have steadily decreased from $3,845,368 in 2015 to $3,112,835 in 2024, a decline of over $730,000, primarily due to consistent operational losses where expenses exceed revenue.
Filing History
IRS 990 filing history for Fellowship Commons Whalley Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Fellowship Commons Whalley Inc's revenue has grown by 46.7%, moving from $217K to $319K. Total assets decreased by 24.9% over the same period, from $4.1M to $3.1M. Total functional expenses rose by 9.5%, from $306K to $335K. In its most recent filing year (2024), Fellowship Commons Whalley Inc reported a deficit of $16K, with expenses exceeding revenue. The organization holds $20K in liabilities against $3.1M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $319K | $335K | $3.1M | $20K | — | — |
| 2023 | $305K | $347K | $3.1M | $27K | — | View 990 |
| 2022 | $227K | $319K | $3.2M | $20K | — | View 990 |
| 2021 | $222K | $323K | $3.3M | $26K | — | View 990 |
| 2020 | $225K | $310K | $3.4M | $22K | — | View 990 |
| 2019 | $225K | $321K | $3.4M | $20K | — | View 990 |
| 2018 | $215K | $293K | $3.5M | $18K | — | — |
| 2017 | $219K | $324K | $3.6M | $25K | — | View 990 |
| 2016 | $215K | $330K | $3.7M | $22K | — | View 990 |
| 2015 | $221K | $318K | $3.8M | $22K | — | View 990 |
| 2014 | $215K | $320K | $3.9M | $20K | — | View 990 |
| 2013 | $218K | $294K | $4.0M | $19K | — | View 990 |
| 2012 | $217K | $306K | $4.1M | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $319K, expenses of $335K, and assets of $3.1M (revenue +4.5% year-over-year).
- 2023: Revenue of $305K, expenses of $347K, and assets of $3.1M (revenue +34.3% year-over-year).
- 2022: Revenue of $227K, expenses of $319K, and assets of $3.2M (revenue +2.4% year-over-year).
- 2021: Revenue of $222K, expenses of $323K, and assets of $3.3M (revenue -1.7% year-over-year).
- 2020: Revenue of $225K, expenses of $310K, and assets of $3.4M (revenue +0.2% year-over-year).
- 2019: Revenue of $225K, expenses of $321K, and assets of $3.4M (revenue +4.6% year-over-year).
- 2018: Revenue of $215K, expenses of $293K, and assets of $3.5M (revenue -1.8% year-over-year).
- 2017: Revenue of $219K, expenses of $324K, and assets of $3.6M (revenue +1.7% year-over-year).
- 2016: Revenue of $215K, expenses of $330K, and assets of $3.7M (revenue -2.8% year-over-year).
- 2015: Revenue of $221K, expenses of $318K, and assets of $3.8M (revenue +2.9% year-over-year).
- 2014: Revenue of $215K, expenses of $320K, and assets of $3.9M (revenue -1.1% year-over-year).
- 2013: Revenue of $218K, expenses of $294K, and assets of $4.0M (revenue +0.2% year-over-year).
- 2012: Revenue of $217K, expenses of $306K, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fellowship Commons Whalley Inc:
Data Sources and Methodology
This transparency report for Fellowship Commons Whalley 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.