Friends Of The Westport Center For Senior Activities Inc

Friends Of The Westport Center For Senior Activities Inc maintains stable assets and zero liabilities with no officer compensation.

EIN: 113707982 · Westport, CT · NTEE: P81 · Updated: 2026-03-28

$57KRevenue
$229KAssets
92/100Mission Score (Excellent)
P81

Is Friends Of The Westport Center For Senior Activities Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Friends Of The Westport Center For Senior Activities Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Friends Of The Westport Center For Senior Activities Inc

Friends Of The Westport Center For Senior Activities Inc (EIN: 113707982) is a nonprofit organization based in Westport, CT, classified under NTEE code P81. The organization reported total revenue of $57K and total assets of $229K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Westport Center For Senior Activities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
MicroSize Classification
13Years of Filings
MixedRevenue Trajectory

Friends Of The Westport Center For Senior Activities Inc is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.6%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$66K
Total Expenses$66K
Surplus / Deficit+$612
Total Assets$211K
Net Assets$211K
Operating Margin0.9%
Months of Reserves38.5 months

Financial Health Grade: A

In 2024, Friends Of The Westport Center For Senior Activities Inc reported a surplus of $612 with revenue exceeding expenses, holds 38.5 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2012–2024), Friends Of The Westport Center For Senior Activities Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.

YearRevenue ChangeExpense ChangeAsset Change
2024+120.9%+50.6%+4.1%
2023-63.2%+36.3%-6.3%
2022+92.8%-22.9%+29.8%
2021+32.1%-21.9%+0.5%
2020-83.0%-75.1%-11.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Friends Of The Westport Center For Senior Activities Inc demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. The organization's latest filing (202406) shows revenue of $66,389 and expenses of $65,777, indicating a near break-even operation for that period. Over the past five years, revenue has fluctuated significantly, from a high of $81,626 in 202206 to a low of $30,058 in 202306, suggesting reliance on variable funding sources. However, the organization consistently maintains zero liabilities, which is a strong indicator of financial prudence and low risk. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that the organization is primarily volunteer-run or has very low administrative overhead related to executive salaries, allowing a greater proportion of funds to be directed towards its mission. While a detailed breakdown of program versus administrative expenses isn't provided in the summary data, the absence of officer compensation is a positive sign for efficiency. Transparency is high, with 13 years of consistent IRS 990 filings available. The consistent reporting of zero liabilities and zero officer compensation across all periods enhances trust and indicates a straightforward financial structure. The organization's ability to maintain a positive asset balance, growing from $59,031 in 201506 to $210,831 in 202406, further underscores its sound financial management and long-term viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of The Westport Center For Senior Activities Inc with a Mission Score of 92 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

According to IRS 990 filings, Friends Of The Westport Center For Senior Activities 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.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$66KTotal Revenue
$66KTotal Expenses
$211KTotal Assets
$211KNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization operates without paid officers or that any compensation is negligible and not reported as such. This is highly favorable for directing funds to programs.

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 Friends Of The Westport Center For Senior Activities Inc:

Frequently Asked Questions about Friends Of The Westport Center For Senior Activities Inc

Is Friends Of The Westport Center For Senior Activities Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Friends Of The Westport Center For Senior Activities Inc (EIN: 113707982) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

How does Friends Of The Westport Center For Senior Activities Inc spend its money?

Friends Of The Westport Center For Senior Activities Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Friends Of The Westport Center For Senior Activities Inc tax-deductible?

Friends Of The Westport Center For Senior Activities Inc is registered as a tax-exempt nonprofit (EIN: 113707982). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Friends Of The Westport Center For Senior Activities Inc a good charity?

Based on the available financial data, Friends Of The Westport Center For Senior Activities Inc appears to be a well-managed and efficient charity. It consistently maintains zero liabilities, has grown its assets over time, and reports 0% officer compensation, suggesting a strong focus on its mission and low administrative overhead.

How does the organization manage its liabilities?

The organization consistently reports $0 in liabilities across all 13 available IRS 990 filings, indicating excellent financial management and a very low-risk financial profile.

What is the trend in the organization's assets?

The organization's assets have shown a positive growth trend, increasing from $59,031 in 201506 to $210,831 in 202406, demonstrating sound financial stewardship and accumulation of resources.

How stable is the organization's revenue?

Revenue has fluctuated significantly year-to-year, ranging from $30,058 in 202306 to $193,199 in 201806. While variable, the organization has consistently managed expenses to maintain a positive financial position and asset growth.

Filing History

IRS 990 filing history for Friends Of The Westport Center For Senior Activities Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Friends Of The Westport Center For Senior Activities Inc's revenue has grown by 52.7%, moving from $43K to $66K. Total assets increased by 275.5% over the same period, from $56K to $211K. Total functional expenses rose by 118.8%, from $30K to $66K. In its most recent filing year (2024), Friends Of The Westport Center For Senior Activities Inc reported a surplus of $612, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $66K $66K $211K $0
2023 $30K $44K $202K $0 View 990
2022 $82K $32K $216K $0
2021 $42K $42K $166K $0
2020 $32K $53K $166K $0 View 990
2019 $189K $214K $187K $0 View 990
2018 $193K $48K $220K $0 View 990
2017 $42K $27K $75K $0 View 990
2016 $39K $38K $60K $0 View 990
2015 $43K $36K $59K $0 View 990
2014 $37K $43K $52K $0 View 990
2013 $33K $31K $59K $0 View 990
2012 $43K $30K $56K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Friends Of The Westport Center For Senior Activities Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Friends Of The Westport Center For Senior Activities 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.

Other Nonprofits in Connecticut

Explore more nonprofits based in Connecticut with AI-powered transparency reports.

View all Connecticut nonprofits →

Similar Organizations (NTEE P81)

Other nonprofits classified under NTEE code P81.

View all P81 nonprofits →

Related Nonprofits

Browse by State