Hamden Regional Youth Basketballleague Inc
Hamden Regional Youth Basketballleague consistently operates near break-even with no officer compensation and growing assets.
EIN: 204035617 · North Haven, CT · NTEE: N62 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $76K |
| Total Expenses | $74K |
| Program Spending | 90% |
| Net Assets | $24K |
| Transparency Score | 85/100 |
Is Hamden Regional Youth Basketballleague Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hamden Regional Youth Basketballleague Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hamden Regional Youth Basketballleague Inc
Hamden Regional Youth Basketballleague Inc (EIN: 204035617) is a nonprofit organization based in North Haven, CT, classified under NTEE code N62. The organization reported total revenue of $76K and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hamden Regional Youth Basketballleague Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hamden Regional Youth Basketballleague Inc is a micro nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $78K |
| Total Expenses | $74K |
| Surplus / Deficit | +$4K |
| Total Assets | $24K |
| Net Assets | $24K |
| Operating Margin | 5.7% |
| Months of Reserves | 3.9 months |
Financial Health Grade: A
In 2023, Hamden Regional Youth Basketballleague Inc reported a surplus of $4K with revenue exceeding expenses, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2012–2023), Hamden Regional Youth Basketballleague Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.1% | -17.3% | +236.4% |
| 2020 | +5.3% | +5.3% | -41.2% |
| 2019 | +0.2% | +3.3% | -28.0% |
| 2018 | -7.6% | +7.4% | -11.5% |
| 2017 | +12.5% | -9.6% | +109.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Hamden Regional Youth Basketballleague Inc with a Mission Score of 85 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
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Hamden Regional Youth Basketballleague 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led structure or extremely low administrative costs for leadership, which is highly efficient for a nonprofit of this size.
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 Hamden Regional Youth Basketballleague Inc:
- Consistent 0% officer compensation, indicating high efficiency and volunteer leadership.
- Consistently reports $0 in liabilities, demonstrating excellent financial management and no debt burden.
- Stable revenue stream, typically between $75,000 and $89,000 annually, showing consistent community support.
- Significant growth in assets to $54,449 in the latest period, improving financial reserves and stability.
- Operates near break-even, indicating responsible spending aligned with available resources.
Frequently Asked Questions about Hamden Regional Youth Basketballleague Inc
Is Hamden Regional Youth Basketballleague Inc a legitimate charity?
Hamden Regional Youth Basketballleague Inc (EIN: 204035617) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $76K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Hamden Regional Youth Basketballleague Inc spend its money?
Hamden Regional Youth Basketballleague Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Hamden Regional Youth Basketballleague Inc tax-deductible?
Hamden Regional Youth Basketballleague Inc is registered as a tax-exempt nonprofit (EIN: 204035617). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Hamden Regional Youth Basketballleague Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hamden Regional Youth Basketballleague Inc is above average for NTEE category N62 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hamden Regional Youth Basketballleague Inc located?
Hamden Regional Youth Basketballleague Inc is headquartered in North Haven, Connecticut and files with the IRS under EIN 204035617. It is classified under NTEE code N62.
How many years of IRS 990 filings does Hamden Regional Youth Basketballleague Inc have?
Hamden Regional Youth Basketballleague Inc 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 $76K in total revenue.
Is Hamden Regional Youth Basketballleague Inc a good charity?
Based on the available financial data, Hamden Regional Youth Basketballleague Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating that donations are not used for executive salaries, and it maintains minimal liabilities. Its assets have also shown recent growth, improving its financial stability.
How does the organization manage its expenses?
The organization manages its expenses very efficiently, consistently operating near its revenue levels. For example, in 2023, expenses were $73,575 against revenues of $78,062. The absence of officer compensation suggests a strong focus on program-related spending and minimal administrative overhead.
What is the trend in the organization's financial health?
The organization's financial health shows a positive trend, particularly with its assets increasing significantly to $54,449 in the latest period from much lower levels (e.g., $7,114 in 2020). This indicates improved financial reserves and stability, despite revenues and expenses remaining relatively consistent over time.
Filing History
IRS 990 filing history for Hamden Regional Youth Basketballleague Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), Hamden Regional Youth Basketballleague Inc's revenue has declined by 1.3%, moving from $79K to $78K. Total assets increased by 15.6% over the same period, from $21K to $24K. Total functional expenses fell by 3.8%, from $76K to $74K. In its most recent filing year (2023), Hamden Regional Youth Basketballleague Inc reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $78K | $74K | $24K | $0 | — | View 990 |
| 2020 | $84K | $89K | $7K | $0 | — | View 990 |
| 2019 | $80K | $84K | $12K | $0 | — | View 990 |
| 2018 | $80K | $82K | $17K | $0 | — | View 990 |
| 2017 | $86K | $76K | $19K | $0 | — | View 990 |
| 2016 | $77K | $84K | $9K | $0 | — | View 990 |
| 2015 | $87K | $88K | $17K | $0 | — | View 990 |
| 2014 | $86K | $87K | $18K | $0 | — | View 990 |
| 2013 | $85K | $87K | $19K | $0 | — | View 990 |
| 2012 | $79K | $76K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $78K, expenses of $74K, and assets of $24K (revenue -7.1% year-over-year).
- 2020: Revenue of $84K, expenses of $89K, and assets of $7K (revenue +5.3% year-over-year).
- 2019: Revenue of $80K, expenses of $84K, and assets of $12K (revenue +0.2% year-over-year).
- 2018: Revenue of $80K, expenses of $82K, and assets of $17K (revenue -7.6% year-over-year).
- 2017: Revenue of $86K, expenses of $76K, and assets of $19K (revenue +12.5% year-over-year).
- 2016: Revenue of $77K, expenses of $84K, and assets of $9K (revenue -12.1% year-over-year).
- 2015: Revenue of $87K, expenses of $88K, and assets of $17K (revenue +1.0% year-over-year).
- 2014: Revenue of $86K, expenses of $87K, and assets of $18K (revenue +1.4% year-over-year).
- 2013: Revenue of $85K, expenses of $87K, and assets of $19K (revenue +7.6% year-over-year).
- 2012: Revenue of $79K, expenses of $76K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hamden Regional Youth Basketballleague Inc:
Data Sources and Methodology
This transparency report for Hamden Regional Youth Basketballleague 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.