Iquilt Partnership Inc
EIN: 451744906 · Hartford, CT · NTEE: S20
| Metric | Value |
|---|---|
| Total Revenue | $907K |
| Total Expenses | $697K |
| Net Assets | $510K |
Is Iquilt Partnership Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iquilt Partnership Inc
Iquilt Partnership Inc (EIN: 451744906) is a nonprofit organization based in Hartford, CT, classified under NTEE code S20. The organization reported total revenue of $907K and total assets of $570K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iquilt Partnership Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iquilt Partnership Inc is a small nonprofit that has been operating for 15 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $834K |
| Total Expenses | $697K |
| Surplus / Deficit | +$137K |
| Total Assets | $569K |
| Total Liabilities | $59K |
| Net Assets | $510K |
| Operating Margin | 16.4% |
| Debt-to-Asset Ratio | 10.4% |
| Months of Reserves | 9.8 months |
Financial Health Grade: A
In 2023, Iquilt Partnership Inc reported a surplus of $137K with revenue exceeding expenses, holds 9.8 months of operating reserves (strong position), has a debt-to-asset ratio of 10.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Iquilt Partnership Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +140.7% | +28.8% | +37.0% |
| 2022 | +32.8% | +22.5% | -32.5% |
| 2021 | -30.2% | -37.1% | -23.9% |
| 2020 | -63.6% | -12.8% | -29.9% |
| 2019 | +34.6% | +47.9% | +28.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iquilt Partnership 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 Iquilt Partnership 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $137K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.4%.
Frequently Asked Questions about Iquilt Partnership Inc
Is Iquilt Partnership Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Iquilt Partnership Inc (EIN: 451744906) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iquilt Partnership Inc spend its money?
Detailed spending breakdown data is not yet available for Iquilt Partnership Inc. Check back for updated IRS 990 analysis.
Are donations to Iquilt Partnership Inc tax-deductible?
Iquilt Partnership Inc is registered as a tax-exempt nonprofit (EIN: 451744906). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iquilt Partnership Inc located?
Iquilt Partnership Inc is headquartered in Hartford, Connecticut and files with the IRS under EIN 451744906. It is classified under NTEE code S20.
How many years of IRS 990 filings does Iquilt Partnership Inc have?
Iquilt Partnership Inc has 12 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 $907K in total revenue.
Filing History
IRS 990 filing history for Iquilt Partnership Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Iquilt Partnership Inc's revenue has declined by 51.9%, moving from $1.7M to $834K. Total assets decreased by 39.2% over the same period, from $937K to $569K. Total functional expenses fell by 33.7%, from $1.1M to $697K. In its most recent filing year (2023), Iquilt Partnership Inc reported a surplus of $137K, with revenue exceeding expenses. The organization holds $59K in liabilities against $569K in assets (debt-to-asset ratio: 10.4%), resulting in net assets of $510K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $834K | $697K | $569K | $59K | — | — |
| 2022 | $346K | $541K | $416K | $42K | — | View 990 |
| 2021 | $261K | $442K | $615K | $48K | — | View 990 |
| 2020 | $374K | $702K | $809K | $60K | — | View 990 |
| 2019 | $1.0M | $805K | $1.2M | $78K | — | View 990 |
| 2018 | $762K | $544K | $896K | $41K | — | View 990 |
| 2017 | $780K | $561K | $701K | $64K | — | View 990 |
| 2016 | $571K | $701K | $482K | $64K | — | View 990 |
| 2015 | $933K | $782K | $575K | $28K | — | View 990 |
| 2014 | $1.1M | $1.2M | $488K | $93K | — | View 990 |
| 2013 | $901K | $1.2M | $720K | $232K | — | View 990 |
| 2012 | $1.7M | $1.1M | $937K | $131K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $834K, expenses of $697K, and assets of $569K (revenue +140.7% year-over-year).
- 2022: Revenue of $346K, expenses of $541K, and assets of $416K (revenue +32.8% year-over-year).
- 2021: Revenue of $261K, expenses of $442K, and assets of $615K (revenue -30.2% year-over-year).
- 2020: Revenue of $374K, expenses of $702K, and assets of $809K (revenue -63.6% year-over-year).
- 2019: Revenue of $1.0M, expenses of $805K, and assets of $1.2M (revenue +34.6% year-over-year).
- 2018: Revenue of $762K, expenses of $544K, and assets of $896K (revenue -2.3% year-over-year).
- 2017: Revenue of $780K, expenses of $561K, and assets of $701K (revenue +36.6% year-over-year).
- 2016: Revenue of $571K, expenses of $701K, and assets of $482K (revenue -38.8% year-over-year).
- 2015: Revenue of $933K, expenses of $782K, and assets of $575K (revenue -15.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.2M, and assets of $488K (revenue +22.7% year-over-year).
- 2013: Revenue of $901K, expenses of $1.2M, and assets of $720K (revenue -48.0% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.1M, and assets of $937K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iquilt Partnership Inc:
Data Sources and Methodology
This transparency report for Iquilt Partnership 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.