Hartford Areas Rally Together Inc
EIN: 60938125 · Hartford, CT
| Metric | Value |
|---|---|
| Total Expenses | $596K |
| Net Assets | $-92,540 |
Is Hartford Areas Rally Together Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hartford Areas Rally Together Inc
Hartford Areas Rally Together Inc (EIN: 60938125) is a nonprofit organization based in Hartford, 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 Hartford Areas Rally Together Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hartford Areas Rally Together Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 14.8%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $409K |
| Total Expenses | $596K |
| Surplus / Deficit | $-186,861 |
| Total Assets | $28K |
| Total Liabilities | $120K |
| Net Assets | $-92,540 |
| Operating Margin | -45.7% |
| Debt-to-Asset Ratio | 434.2% |
| Months of Reserves | 0.6 months |
Financial Health Grade: D
In 2014, Hartford Areas Rally Together Inc reported a deficit of $187K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 434.2% (high leverage).
Financial Trends
Over 4 years of filings (2011–2014), Hartford Areas Rally Together Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | -44.6% | -8.7% | -88.6% |
| 2013 | +69.0% | +15.3% | +150.0% |
| 2012 | +61.8% | +15.1% | -47.4% |
AI Analysis Pending
AI enrichment for Hartford Areas Rally Together Inc 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 Hartford Areas Rally Together Inc 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $187K, with expenses exceeding revenue.
- Debt-to-asset ratio: 434.2%.
Frequently Asked Questions about Hartford Areas Rally Together Inc
Is Hartford Areas Rally Together Inc a legitimate charity?
Hartford Areas Rally Together Inc (EIN: 60938125) is a registered tax-exempt nonprofit based in Connecticut. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: D.
How does Hartford Areas Rally Together Inc spend its money?
Hartford Areas Rally Together Inc reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Hartford Areas Rally Together Inc tax-deductible?
Hartford Areas Rally Together Inc is registered as a tax-exempt nonprofit (EIN: 60938125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hartford Areas Rally Together Inc located?
Hartford Areas Rally Together Inc is headquartered in Hartford, Connecticut and files with the IRS under EIN 60938125.
How many years of IRS 990 filings does Hartford Areas Rally Together Inc have?
Hartford Areas Rally Together Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Hartford Areas Rally Together Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Hartford Areas Rally Together Inc's revenue has grown by 51.5%, moving from $270K to $409K. Total assets decreased by 85% over the same period, from $185K to $28K. Total functional expenses rose by 21.1%, from $492K to $596K. In its most recent filing year (2014), Hartford Areas Rally Together Inc reported a deficit of $187K, with expenses exceeding revenue. The organization holds $120K in liabilities against $28K in assets (debt-to-asset ratio: 434.2%), resulting in net assets of $-92,540.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $409K | $596K | $28K | $120K | — | View 990 |
| 2013 | $738K | $653K | $243K | $149K | — | View 990 |
| 2012 | $437K | $566K | $97K | $88K | — | View 990 |
| 2011 | $270K | $492K | $185K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $409K, expenses of $596K, and assets of $28K (revenue -44.6% year-over-year).
- 2013: Revenue of $738K, expenses of $653K, and assets of $243K (revenue +69.0% year-over-year).
- 2012: Revenue of $437K, expenses of $566K, and assets of $97K (revenue +61.8% year-over-year).
- 2011: Revenue of $270K, expenses of $492K, and assets of $185K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hartford Areas Rally Together Inc:
Data Sources and Methodology
This transparency report for Hartford Areas Rally Together 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.