Friends Of The Center For American Studies Society
EIN: 262048114 · New Haven, CT · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $53K |
| Total Expenses | $102K |
| Net Assets | $37K |
Is Friends Of The Center For American Studies Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of The Center For American Studies Society
Friends Of The Center For American Studies Society (EIN: 262048114) is a nonprofit organization based in New Haven, CT, classified under NTEE code B12. The organization reported total revenue of $53K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Center For American Studies Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Center For American Studies Society is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $102K |
| Surplus / Deficit | $-179 |
| Total Assets | $37K |
| Total Liabilities | $1 |
| Net Assets | $37K |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2023, Friends Of The Center For American Studies Society reported a deficit of $179 with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Friends Of The Center For American Studies Society's revenue has declined at a compound annual growth rate (CAGR) of -8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.6% | +11.8% | -0.5% |
| 2022 | +171.2% | +139.5% | +2.5% |
| 2021 | +13.0% | — | -10.1% |
| 2020 | -39.4% | -100.0% | +279.3% |
| 2019 | +125.8% | +22531.6% | -66.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of The Center For American Studies Society 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 Friends Of The Center For American Studies Society 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $179, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Friends Of The Center For American Studies Society
Is Friends Of The Center For American Studies Society a legitimate charity?
Friends Of The Center For American Studies Society (EIN: 262048114) is a registered tax-exempt nonprofit based in Connecticut. It has 10 years of IRS 990 filings on record. Total revenue: $53K. No red flags identified. Financial health grade: B.
How does Friends Of The Center For American Studies Society spend its money?
Friends Of The Center For American Studies Society reported $53K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friends Of The Center For American Studies Society tax-deductible?
Friends Of The Center For American Studies Society is registered as a tax-exempt nonprofit (EIN: 262048114). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of The Center For American Studies Society located?
Friends Of The Center For American Studies Society is headquartered in New Haven, Connecticut and files with the IRS under EIN 262048114. It is classified under NTEE code B12.
How many years of IRS 990 filings does Friends Of The Center For American Studies Society have?
Friends Of The Center For American Studies Society has 10 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 $53K in total revenue.
Filing History
IRS 990 filing history for Friends Of The Center For American Studies Society showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Friends Of The Center For American Studies Society's revenue has declined by 66.1%, moving from $300K to $102K. Total assets decreased by 88.7% over the same period, from $332K to $37K. Total functional expenses fell by 65.1%, from $292K to $102K. In its most recent filing year (2023), Friends Of The Center For American Studies Society reported a deficit of $179, with expenses exceeding revenue. The organization holds $1 in liabilities against $37K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $37K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $102K | $37K | $1 | — | View 990 |
| 2022 | $92K | $91K | $38K | $1 | — | — |
| 2021 | $34K | $38K | $37K | $1 | — | View 990 |
| 2020 | $30K | $0 | $41K | $1 | — | — |
| 2019 | $50K | $43K | $11K | $1 | — | — |
| 2015 | $22K | $190 | $32K | $1 | — | View 990 |
| 2014 | $100K | $110K | $10K | $1 | — | View 990 |
| 2013 | $1 | $185K | $20K | $1 | — | View 990 |
| 2012 | $201K | $327K | $206K | $0 | — | View 990 |
| 2011 | $300K | $292K | $332K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $102K, and assets of $37K (revenue +10.6% year-over-year).
- 2022: Revenue of $92K, expenses of $91K, and assets of $38K (revenue +171.2% year-over-year).
- 2021: Revenue of $34K, expenses of $38K, and assets of $37K (revenue +13.0% year-over-year).
- 2020: Revenue of $30K, expenses of $0, and assets of $41K (revenue -39.4% year-over-year).
- 2019: Revenue of $50K, expenses of $43K, and assets of $11K (revenue +125.8% year-over-year).
- 2015: Revenue of $22K, expenses of $190, and assets of $32K (revenue -78.1% year-over-year).
- 2014: Revenue of $100K, expenses of $110K, and assets of $10K (revenue +9999900.0% year-over-year).
- 2013: Revenue of $1, expenses of $185K, and assets of $20K (revenue -100.0% year-over-year).
- 2012: Revenue of $201K, expenses of $327K, and assets of $206K (revenue -32.9% year-over-year).
- 2011: Revenue of $300K, expenses of $292K, and assets of $332K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Center For American Studies Society:
Data Sources and Methodology
This transparency report for Friends Of The Center For American Studies Society 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.