Howard And Bess Chapman Charitable Corporation
Howard And Bess Chapman Charitable Corporation consistently distributes more than its annual revenue from a stable asset base.
EIN: 161373396 · West Hartford, CT · Updated: 2026-03-28
Is Howard And Bess Chapman Charitable Corporation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Howard And Bess Chapman Charitable Corporation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Howard And Bess Chapman Charitable Corporation
Howard And Bess Chapman Charitable Corporation (EIN: 161373396) is a nonprofit organization based in West Hartford, CT. The organization reported total revenue of $275K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Howard And Bess Chapman Charitable Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Howard And Bess Chapman Charitable Corporation is a small nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $130K |
| Total Expenses | $176K |
| Surplus / Deficit | $-46,697 |
| Total Assets | $2.6M |
| Total Liabilities | $250 |
| Net Assets | $2.6M |
| Operating Margin | -36.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 175.0 months |
Financial Health Grade: B
In 2023, Howard And Bess Chapman Charitable Corporation reported a deficit of $47K with expenses exceeding revenue, holds 175.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Howard And Bess Chapman Charitable Corporation's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.3% | -6.9% | -1.8% |
| 2022 | +4.3% | +1.8% | -2.6% |
| 2021 | -31.7% | +5.4% | -2.6% |
| 2020 | -14.1% | +0.4% | -0.3% |
| 2019 | +66.1% | +0.5% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Howard And Bess Chapman Charitable Corporation 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Howard And Bess Chapman Charitable Corporation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly efficient for a nonprofit of its 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 Howard And Bess Chapman Charitable Corporation:
- Consistent history of IRS 990 filings, indicating transparency.
- 0% officer compensation reported across all filings, suggesting high efficiency.
- Very low liabilities, indicating strong financial health and management.
- Stable asset base, demonstrating long-term financial planning for charitable giving.
Frequently Asked Questions about Howard And Bess Chapman Charitable Corporation
Is Howard And Bess Chapman Charitable Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Howard And Bess Chapman Charitable Corporation (EIN: 161373396) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Howard And Bess Chapman Charitable Corporation spend its money?
Howard And Bess Chapman Charitable Corporation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Howard And Bess Chapman Charitable Corporation tax-deductible?
Howard And Bess Chapman Charitable Corporation is registered as a tax-exempt nonprofit (EIN: 161373396). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Howard And Bess Chapman Charitable Corporation a good charity?
Based on the available data, the organization appears to be a well-managed private foundation with a consistent history of grant-making. Its lack of officer compensation and low liabilities are positive indicators. However, without specific details on its grant recipients or administrative expenses, a full assessment of its impact is limited.
What is the primary financial activity of this organization?
The primary financial activity appears to be distributing funds from its endowment. The organization consistently incurs more expenses than its annual revenue, drawing down its assets over time, which is typical for a grant-making private foundation.
How has the organization's asset base changed over time?
The organization's assets have gradually decreased from a high of $2,829,629 in 2014 to $2,571,028 in 2023, reflecting its strategy of spending more than its annual income.
Filing History
IRS 990 filing history for Howard And Bess Chapman Charitable Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Howard And Bess Chapman Charitable Corporation's revenue has declined by 37.7%, moving from $208K to $130K. Total assets increased by 10.8% over the same period, from $2.3M to $2.6M. Total functional expenses fell by 1.1%, from $178K to $176K. In its most recent filing year (2023), Howard And Bess Chapman Charitable Corporation reported a deficit of $47K, with expenses exceeding revenue. The organization holds $250 in liabilities against $2.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $130K | $176K | $2.6M | $250 | — | View 990 |
| 2022 | $121K | $189K | $2.6M | $250 | — | View 990 |
| 2021 | $116K | $186K | $2.7M | $250 | — | View 990 |
| 2020 | $169K | $177K | $2.8M | $250 | — | View 990 |
| 2019 | $197K | $176K | $2.8M | $250 | — | View 990 |
| 2015 | $119K | $175K | $2.8M | $250 | — | View 990 |
| 2014 | $481K | $195K | $2.8M | $663 | — | View 990 |
| 2013 | $403K | $179K | $2.5M | $4K | — | View 990 |
| 2012 | $189K | $189K | $2.3M | $4K | — | View 990 |
| 2011 | $208K | $178K | $2.3M | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $130K, expenses of $176K, and assets of $2.6M (revenue +7.3% year-over-year).
- 2022: Revenue of $121K, expenses of $189K, and assets of $2.6M (revenue +4.3% year-over-year).
- 2021: Revenue of $116K, expenses of $186K, and assets of $2.7M (revenue -31.7% year-over-year).
- 2020: Revenue of $169K, expenses of $177K, and assets of $2.8M (revenue -14.1% year-over-year).
- 2019: Revenue of $197K, expenses of $176K, and assets of $2.8M (revenue +66.1% year-over-year).
- 2015: Revenue of $119K, expenses of $175K, and assets of $2.8M (revenue -75.4% year-over-year).
- 2014: Revenue of $481K, expenses of $195K, and assets of $2.8M (revenue +19.4% year-over-year).
- 2013: Revenue of $403K, expenses of $179K, and assets of $2.5M (revenue +112.8% year-over-year).
- 2012: Revenue of $189K, expenses of $189K, and assets of $2.3M (revenue -9.0% year-over-year).
- 2011: Revenue of $208K, expenses of $178K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Howard And Bess Chapman Charitable Corporation:
Data Sources and Methodology
This transparency report for Howard And Bess Chapman Charitable Corporation 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.