Hartford Association For The Education Of Young Children Inc
Hartford Association For The Education Of Young Children Inc: Low Revenue, High Spending
EIN: 222655553 · Hartford, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $123K |
| Program Spending | 70% |
| Net Assets | $63K |
| Transparency Score | 45/100 |
Is Hartford Association For The Education Of Young Children Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hartford Association For The Education Of Young Children Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Hartford Association For The Education Of Young Children Inc
Hartford Association For The Education Of Young Children Inc (EIN: 222655553) 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 Association For The Education Of Young Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hartford Association For The Education Of Young Children Inc is a small nonprofit.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $118K |
| Total Expenses | $123K |
| Surplus / Deficit | $-4,106 |
| Total Assets | $63K |
| Net Assets | $63K |
| Operating Margin | -3.5% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2016, Hartford Association For The Education Of Young Children Inc reported a deficit of $4K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position).
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hartford Association For The Education Of Young Children Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Hartford Association For The Education Of Young Children Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific figures are available in the provided data for 2016.
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 Hartford Association For The Education Of Young Children Inc's IRS 990 filings:
- Zero reported revenue and assets in the provided 2016 data, despite reported expenses of $122,584.
- Lack of detailed financial information beyond basic IRS filings.
- No clear indication of program impact or activities for the reported expenses.
Strengths
The following positive indicators were identified for Hartford Association For The Education Of Young Children Inc:
- Focus on early childhood education, a critical area for community development.
Frequently Asked Questions about Hartford Association For The Education Of Young Children Inc
Is Hartford Association For The Education Of Young Children Inc a legitimate charity?
Hartford Association For The Education Of Young Children Inc (EIN: 222655553) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 45/100. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Hartford Association For The Education Of Young Children Inc spend its money?
Hartford Association For The Education Of Young Children Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Hartford Association For The Education Of Young Children Inc tax-deductible?
Hartford Association For The Education Of Young Children Inc is registered as a tax-exempt nonprofit (EIN: 222655553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hartford Association For The Education Of Young Children Inc's spending goes to programs?
Hartford Association For The Education Of Young Children Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Hartford Association For The Education Of Young Children Inc located?
Hartford Association For The Education Of Young Children Inc is headquartered in Hartford, Connecticut and files with the IRS under EIN 222655553.
What does Hartford Association For The Education Of Young Children Inc do?
Hartford Association For The Education Of Young Children Inc is a nonprofit organization in the Unknown sector, located in Hartford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Hartford Association For The Education Of Young Children Inc have?
Hartford Association For The Education Of Young Children Inc reported total revenue of N/A. Based on 1 IRS 990 filing on record.
What are Hartford Association For The Education Of Young Children Inc's total assets?
Hartford Association For The Education Of Young Children Inc holds total assets of N/A as reported in IRS 990 filings.
Where is Hartford Association For The Education Of Young Children Inc located?
Hartford Association For The Education Of Young Children Inc is based in Hartford, Connecticut.
What is Hartford Association For The Education Of Young Children Inc's EIN?
Hartford Association For The Education Of Young Children Inc's Employer Identification Number (EIN) is 222655553. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Hartford Association For The Education Of Young Children Inc?
Hartford Association For The Education Of Young Children Inc is classified under NTEE code Unknown (Unknown).
Is Hartford Association For The Education Of Young Children Inc a registered 501(c)(3)?
Hartford Association For The Education Of Young Children Inc appears in IRS records (EIN: 222655553). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Hartford Association For The Education Of Young Children Inc file IRS Form 990?
Yes, Hartford Association For The Education Of Young Children Inc has 1 IRS Form 990 filing on record. The most recent covers tax period 201606.
What was Hartford Association For The Education Of Young Children Inc's revenue in 2016?
In the 201606 filing period, Hartford Association For The Education Of Young Children Inc reported total revenue of $118,478, total expenses of $122,584, and net assets of $62,505.
What is Hartford Association For The Education Of Young Children Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Hartford Association For The Education Of Young Children Inc covers tax period 201606. It shows revenue of $118,478, expenses of $122,584, total assets of $62,505, and liabilities of N/A.
How much does Hartford Association For The Education Of Young Children Inc spend on programs vs administration?
Based on IRS 990 analysis, Hartford Association For The Education Of Young Children Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Hartford Association For The Education Of Young Children Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Hartford Association For The Education Of Young Children Inc shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 1 strength noted.
What are the red flags for Hartford Association For The Education Of Young Children Inc?
The following concerns were identified: Zero reported revenue and assets in the provided 2016 data, despite reported expenses of $122,584.. Lack of detailed financial information beyond basic IRS filings.. No clear indication of program impact or activities for the reported expenses.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Hartford Association For The Education Of Young Children Inc's strengths?
Positive indicators for Hartford Association For The Education Of Young Children Inc include: Focus on early childhood education, a critical area for community development.. These findings are derived from AI analysis of the organization's financial filings.
How does Hartford Association For The Education Of Young Children Inc compensate executives?
Executive compensation cannot be assessed as no specific figures are available in the provided data for 2016. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How did the organization incur $122,584 in expenses in 2016 with zero reported revenue and assets?
This discrepancy suggests potential issues with financial reporting or a reliance on non-cash contributions not reflected in the provided data. Further investigation into their funding sources and accounting practices is warranted.
Filing History
IRS 990 filing history for Hartford Association For The Education Of Young Children Inc showing financial trends over 1 year of public records:
In its most recent filing year (2016), Hartford Association For The Education Of Young Children Inc reported a deficit of $4K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $118K | $123K | $63K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hartford Association For The Education Of Young Children Inc:
Data Sources and Methodology
This transparency report for Hartford Association For The Education Of Young Children 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.