Irish American Community Center Venice Place
EIN: 61050332 · East Haven, CT · NTEE: A230
| Metric | Value |
|---|---|
| Total Revenue | $246K |
| Total Expenses | $128K |
| Net Assets | $724K |
Is Irish American Community Center Venice Place Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Irish American Community Center Venice Place
Irish American Community Center Venice Place (EIN: 61050332) is a nonprofit organization based in East Haven, CT, classified under NTEE code A230. The organization reported total revenue of $246K and total assets of $762K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Irish American Community Center Venice Place's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Irish American Community Center Venice Place is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $128K |
| Surplus / Deficit | +$19K |
| Total Assets | $753K |
| Total Liabilities | $29K |
| Net Assets | $724K |
| Operating Margin | 12.9% |
| Debt-to-Asset Ratio | 3.9% |
| Months of Reserves | 70.5 months |
Financial Health Grade: A
In 2023, Irish American Community Center Venice Place reported a surplus of $19K with revenue exceeding expenses, holds 70.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Irish American Community Center Venice Place's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.0% | -8.3% | +3.4% |
| 2022 | -5.3% | +46.6% | -2.8% |
| 2021 | +55.7% | -8.6% | +2.5% |
| 2020 | -44.4% | -32.9% | -2.7% |
| 2019 | -31.8% | -25.0% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Irish American Community Center Venice Place 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 Irish American Community Center Venice Place 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 $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.9%.
Frequently Asked Questions about Irish American Community Center Venice Place
Is Irish American Community Center Venice Place a legitimate charity?
Based on AI analysis of IRS 990 filings, Irish American Community Center Venice Place (EIN: 61050332) insufficient data. 0 red flags identified, 0 strengths noted.
How does Irish American Community Center Venice Place spend its money?
Detailed spending breakdown data is not yet available for Irish American Community Center Venice Place. Check back for updated IRS 990 analysis.
Are donations to Irish American Community Center Venice Place tax-deductible?
Irish American Community Center Venice Place is registered as a tax-exempt nonprofit (EIN: 61050332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Irish American Community Center Venice Place located?
Irish American Community Center Venice Place is headquartered in East Haven, Connecticut and files with the IRS under EIN 61050332. It is classified under NTEE code A230.
How many years of IRS 990 filings does Irish American Community Center Venice Place have?
Irish American Community Center Venice Place 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 $246K in total revenue.
Filing History
IRS 990 filing history for Irish American Community Center Venice Place showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Irish American Community Center Venice Place's revenue has grown by 2.8%, moving from $143K to $147K. Total assets increased by 1.5% over the same period, from $742K to $753K. Total functional expenses fell by 31.1%, from $186K to $128K. In its most recent filing year (2023), Irish American Community Center Venice Place reported a surplus of $19K, with revenue exceeding expenses. The organization holds $29K in liabilities against $753K in assets (debt-to-asset ratio: 3.9%), resulting in net assets of $724K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $128K | $753K | $29K | — | — |
| 2022 | $113K | $140K | $728K | $24K | — | View 990 |
| 2021 | $120K | $95K | $749K | $18K | — | View 990 |
| 2020 | $77K | $104K | $731K | $25K | — | — |
| 2019 | $138K | $155K | $752K | $18K | — | View 990 |
| 2018 | $203K | $207K | $751K | $0 | — | View 990 |
| 2017 | $189K | $173K | $756K | $0 | — | View 990 |
| 2016 | $205K | $148K | $740K | $0 | — | View 990 |
| 2015 | $144K | $156K | $683K | $0 | — | View 990 |
| 2014 | $151K | $158K | $694K | $0 | — | View 990 |
| 2013 | $127K | $169K | $712K | $0 | — | View 990 |
| 2012 | $150K | $154K | $745K | $0 | — | View 990 |
| 2011 | $143K | $186K | $742K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147K, expenses of $128K, and assets of $753K (revenue +30.0% year-over-year).
- 2022: Revenue of $113K, expenses of $140K, and assets of $728K (revenue -5.3% year-over-year).
- 2021: Revenue of $120K, expenses of $95K, and assets of $749K (revenue +55.7% year-over-year).
- 2020: Revenue of $77K, expenses of $104K, and assets of $731K (revenue -44.4% year-over-year).
- 2019: Revenue of $138K, expenses of $155K, and assets of $752K (revenue -31.8% year-over-year).
- 2018: Revenue of $203K, expenses of $207K, and assets of $751K (revenue +7.5% year-over-year).
- 2017: Revenue of $189K, expenses of $173K, and assets of $756K (revenue -8.1% year-over-year).
- 2016: Revenue of $205K, expenses of $148K, and assets of $740K (revenue +42.1% year-over-year).
- 2015: Revenue of $144K, expenses of $156K, and assets of $683K (revenue -4.6% year-over-year).
- 2014: Revenue of $151K, expenses of $158K, and assets of $694K (revenue +18.9% year-over-year).
- 2013: Revenue of $127K, expenses of $169K, and assets of $712K (revenue -15.2% year-over-year).
- 2012: Revenue of $150K, expenses of $154K, and assets of $745K (revenue +4.7% year-over-year).
- 2011: Revenue of $143K, expenses of $186K, and assets of $742K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Irish American Community Center Venice Place:
Data Sources and Methodology
This transparency report for Irish American Community Center Venice Place 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.