Incarnation Center Incorporated
Incarnation Center maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 135657791 · Ivoryton, CT · NTEE: N200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $4.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $11.1M |
| Transparency Score | 88/100 |
Is Incarnation Center Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Incarnation Center Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Incarnation Center Incorporated
Incarnation Center Incorporated (EIN: 135657791) is a nonprofit organization based in Ivoryton, CT, classified under NTEE code N200. The organization reported total revenue of $5.7M and total assets of $13.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Incarnation Center Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Incarnation Center Incorporated is a mid-size nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.8M |
| Surplus / Deficit | $-90,819 |
| Total Assets | $11.2M |
| Total Liabilities | $183K |
| Net Assets | $11.1M |
| Operating Margin | -1.9% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 28.2 months |
Financial Health Grade: B
In 2023, Incarnation Center Incorporated reported a deficit of $91K with expenses exceeding revenue, holds 28.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Incarnation Center Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +9.7% | -0.3% |
| 2022 | +5.1% | +38.9% | -6.4% |
| 2021 | +61.7% | +4.5% | +10.0% |
| 2020 | -36.7% | -26.9% | -0.5% |
| 2019 | +4.0% | +1.6% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1790 |
| IRS Ruling Date | 1949 |
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 Incarnation Center Incorporated with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Incarnation Center Incorporated allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $91K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $4 million. This suggests either a fully volunteer executive leadership or compensation structured in a way that is not reported as officer compensation on the 990, warranting further inquiry.
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 Incarnation Center Incorporated's IRS 990 filings:
- Consistent 0% officer compensation may obscure actual executive remuneration if not truly volunteer-based.
Strengths
The following positive indicators were identified for Incarnation Center Incorporated:
- Consistent asset growth from $9.8M in 2014 to $11.2M in 2023, indicating financial stability.
- Low and stable liabilities, typically under $500,000, demonstrating fiscal prudence.
- Strong financial recovery post-2020 pandemic impact, with revenues returning to pre-pandemic levels.
- No reported officer compensation, suggesting high efficiency in leadership costs or volunteer leadership.
Frequently Asked Questions about Incarnation Center Incorporated
Is Incarnation Center Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Incarnation Center Incorporated (EIN: 135657791) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Incarnation Center Incorporated spend its money?
Incarnation Center Incorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Incarnation Center Incorporated tax-deductible?
Incarnation Center Incorporated is registered as a tax-exempt nonprofit (EIN: 135657791). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Incarnation Center Incorporated CEO make?
Incarnation Center Incorporated's highest-compensated officer earns $4 annually. The organization reported $5.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Incarnation Center Incorporated's spending goes to programs?
Incarnation Center Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Incarnation Center Incorporated compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Incarnation Center Incorporated is above average for NTEE category N200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Incarnation Center Incorporated located?
Incarnation Center Incorporated is headquartered in Ivoryton, Connecticut and files with the IRS under EIN 135657791. It is classified under NTEE code N200.
How many years of IRS 990 filings does Incarnation Center Incorporated have?
Incarnation Center Incorporated has 13 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 $5.7M in total revenue.
How does Incarnation Center fund its executive leadership if officer compensation is consistently 0%?
The IRS 990 filings consistently show 0% officer compensation. This could mean executive leadership is entirely volunteer-based, or their compensation is categorized differently (e.g., as general salaries if they are not considered 'officers' for reporting purposes), which would require reviewing the full 990 forms for detailed salary breakdowns.
What caused the significant revenue drop in 2020?
Revenue dropped from $4,202,537 in 2019 to $2,659,384 in 2020. This period coincides with the onset of the COVID-19 pandemic, which likely impacted the organization's ability to conduct its programs and generate revenue, especially for a recreational center.
Is the organization's slight deficit in 2023 a concern?
In 2023, expenses ($4,782,324) slightly exceeded revenue ($4,691,505). While a deficit, it is minor in the context of the organization's overall financial health and robust asset base of $11,235,854. It does not appear to be a significant concern based on the available data.
Filing History
IRS 990 filing history for Incarnation Center Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Incarnation Center Incorporated's revenue has grown by 39.4%, moving from $3.4M to $4.7M. Total assets increased by 33.1% over the same period, from $8.4M to $11.2M. Total functional expenses rose by 40.5%, from $3.4M to $4.8M. In its most recent filing year (2023), Incarnation Center Incorporated reported a deficit of $91K, with expenses exceeding revenue. The organization holds $183K in liabilities against $11.2M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $11.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.8M | $11.2M | $183K | — | — |
| 2022 | $4.5M | $4.4M | $11.3M | $192K | — | View 990 |
| 2021 | $4.3M | $3.1M | $12.0M | $226K | — | View 990 |
| 2020 | $2.7M | $3.0M | $10.9M | $493K | — | View 990 |
| 2019 | $4.2M | $4.1M | $11.0M | $229K | — | View 990 |
| 2018 | $4.0M | $4.0M | $10.9M | $204K | — | View 990 |
| 2017 | $4.0M | $4.0M | $10.6M | $199K | — | View 990 |
| 2016 | $3.9M | $3.7M | $10.2M | $183K | — | View 990 |
| 2015 | $3.8M | $3.6M | $9.9M | $217K | — | View 990 |
| 2014 | $3.6M | $3.5M | $9.8M | $190K | — | View 990 |
| 2013 | $3.6M | $3.5M | $9.5M | $206K | — | View 990 |
| 2012 | $3.5M | $3.3M | $9.0M | $229K | — | View 990 |
| 2011 | $3.4M | $3.4M | $8.4M | $232K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.8M, and assets of $11.2M (revenue +3.8% year-over-year).
- 2022: Revenue of $4.5M, expenses of $4.4M, and assets of $11.3M (revenue +5.1% year-over-year).
- 2021: Revenue of $4.3M, expenses of $3.1M, and assets of $12.0M (revenue +61.7% year-over-year).
- 2020: Revenue of $2.7M, expenses of $3.0M, and assets of $10.9M (revenue -36.7% year-over-year).
- 2019: Revenue of $4.2M, expenses of $4.1M, and assets of $11.0M (revenue +4.0% year-over-year).
- 2018: Revenue of $4.0M, expenses of $4.0M, and assets of $10.9M (revenue +2.0% year-over-year).
- 2017: Revenue of $4.0M, expenses of $4.0M, and assets of $10.6M (revenue +2.6% year-over-year).
- 2016: Revenue of $3.9M, expenses of $3.7M, and assets of $10.2M (revenue +1.6% year-over-year).
- 2015: Revenue of $3.8M, expenses of $3.6M, and assets of $9.9M (revenue +6.4% year-over-year).
- 2014: Revenue of $3.6M, expenses of $3.5M, and assets of $9.8M (revenue -0.4% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.5M, and assets of $9.5M (revenue +2.5% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.3M, and assets of $9.0M (revenue +4.1% year-over-year).
- 2011: Revenue of $3.4M, expenses of $3.4M, and assets of $8.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Incarnation Center Incorporated:
Data Sources and Methodology
This transparency report for Incarnation Center Incorporated 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.