Katherine Conroy Tr Fbo Cong Church
Small Church Foundation with Inconsistent Financial Performance
EIN: 222756407 · Litchfield, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $67K |
| Total Expenses | $37K |
| Program Spending | 70% |
| Net Assets | $571K |
| Transparency Score | 60/100 |
Is Katherine Conroy Tr Fbo Cong Church Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Katherine Conroy Tr Fbo Cong Church directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Katherine Conroy Tr Fbo Cong Church
Katherine Conroy Tr Fbo Cong Church (EIN: 222756407) is a nonprofit organization based in Litchfield, CT. The organization reported total revenue of $67K and total assets of $566K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Katherine Conroy Tr Fbo Cong Church's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Katherine Conroy Tr Fbo Cong Church is a micro nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $37K |
| Surplus / Deficit | $-17,713 |
| Total Assets | $571K |
| Total Liabilities | $1 |
| Net Assets | $571K |
| Operating Margin | -92.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 185.4 months |
Financial Health Grade: B
In 2023, Katherine Conroy Tr Fbo Cong Church reported a deficit of $18K with expenses exceeding revenue, holds 185.4 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), Katherine Conroy Tr Fbo Cong Church's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -119.4% | +10.6% | -9.6% |
| 2021 | +432.2% | -15.7% | +6.1% |
| 2020 | -9.2% | +49.9% | -5.4% |
| 2019 | -29.6% | -14.8% | +4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
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 Katherine Conroy Tr Fbo Cong Church with a Mission Score of 60 out of 100 (Good). 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, Katherine Conroy Tr Fbo Cong Church allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no specific compensation figures are available in the provided data.
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 Katherine Conroy Tr Fbo Cong Church's IRS 990 filings:
- Significant fluctuations in revenue, including a negative revenue of -$15,511 in 2022, raise questions about financial stability.
- The provided data lacks specific details on program activities, making it difficult to assess the impact of spending.
Strengths
The following positive indicators were identified for Katherine Conroy Tr Fbo Cong Church:
- Consistent filing of financial data over many years demonstrates a commitment to transparency.
- The organization maintains a healthy asset base relative to its revenue, suggesting long-term stability.
Frequently Asked Questions about Katherine Conroy Tr Fbo Cong Church
Is Katherine Conroy Tr Fbo Cong Church a legitimate charity?
Katherine Conroy Tr Fbo Cong Church (EIN: 222756407) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $67K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Katherine Conroy Tr Fbo Cong Church spend its money?
Katherine Conroy Tr Fbo Cong Church directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Katherine Conroy Tr Fbo Cong Church tax-deductible?
Katherine Conroy Tr Fbo Cong Church is registered as a tax-exempt nonprofit (EIN: 222756407). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Katherine Conroy Tr Fbo Cong Church's spending goes to programs?
Katherine Conroy Tr Fbo Cong Church directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Katherine Conroy Tr Fbo Cong Church located?
Katherine Conroy Tr Fbo Cong Church is headquartered in Litchfield, Connecticut and files with the IRS under EIN 222756407.
How many years of IRS 990 filings does Katherine Conroy Tr Fbo Cong Church have?
Katherine Conroy Tr Fbo Cong Church has 10 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 $67K in total revenue.
What does Katherine Conroy Tr Fbo Cong Church do?
Katherine Conroy Tr Fbo Cong Church is a nonprofit organization in the Unknown sector, located in Litchfield, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Katherine Conroy Tr Fbo Cong Church have?
Katherine Conroy Tr Fbo Cong Church reported total revenue of $66,986. Based on 10 IRS 990 filings on record.
What are Katherine Conroy Tr Fbo Cong Church's total assets?
Katherine Conroy Tr Fbo Cong Church holds total assets of $566,160 as reported in IRS 990 filings.
Where is Katherine Conroy Tr Fbo Cong Church located?
Katherine Conroy Tr Fbo Cong Church is based in Litchfield, Connecticut.
What is Katherine Conroy Tr Fbo Cong Church's EIN?
Katherine Conroy Tr Fbo Cong Church's Employer Identification Number (EIN) is 222756407. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Katherine Conroy Tr Fbo Cong Church?
Katherine Conroy Tr Fbo Cong Church is classified under NTEE code Unknown (Unknown).
Is Katherine Conroy Tr Fbo Cong Church a registered 501(c)(3)?
Katherine Conroy Tr Fbo Cong Church appears in IRS records (EIN: 222756407). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Katherine Conroy Tr Fbo Cong Church file IRS Form 990?
Yes, Katherine Conroy Tr Fbo Cong Church has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Katherine Conroy Tr Fbo Cong Church's revenue in 2023?
In the 202312 filing period, Katherine Conroy Tr Fbo Cong Church reported total revenue of $19,258, total expenses of $36,971, and net assets of $571,301.
Is Katherine Conroy Tr Fbo Cong Church's revenue growing or declining?
Katherine Conroy Tr Fbo Cong Church's revenue is relatively stable. Revenue went from $-15,511 (202212) to $19,258 (202312), a 0.0% change. Based on 10 filings on record.
What is Katherine Conroy Tr Fbo Cong Church's most recent 990 filing?
The most recent IRS Form 990 filing for Katherine Conroy Tr Fbo Cong Church covers tax period 202312. It shows revenue of $19,258, expenses of $36,971, total assets of $571,301, and liabilities of $1.
How much does Katherine Conroy Tr Fbo Cong Church spend on programs vs administration?
Based on IRS 990 analysis, Katherine Conroy Tr Fbo Cong Church allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Katherine Conroy Tr Fbo Cong Church a trustworthy charity?
Based on AI analysis of IRS 990 data, Katherine Conroy Tr Fbo Cong Church shows mixed signals. Mission Score: 60/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Katherine Conroy Tr Fbo Cong Church?
The following concerns were identified: Significant fluctuations in revenue, including a negative revenue of -$15,511 in 2022, raise questions about financial stability.. The provided data lacks specific details on program activities, making it difficult to assess the impact of spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Katherine Conroy Tr Fbo Cong Church's strengths?
Positive indicators for Katherine Conroy Tr Fbo Cong Church include: Consistent filing of financial data over many years demonstrates a commitment to transparency.. The organization maintains a healthy asset base relative to its revenue, suggesting long-term stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Katherine Conroy Tr Fbo Cong Church compensate executives?
Executive compensation cannot be assessed as no specific compensation figures are available in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the negative revenue in 2022 (-$15,511) and the subsequent rebound to $19,258 in 2023, what were the specific factors contributing to this volatility, and what measures are in place to mitigate future revenue instability?
The provided data does not offer specific explanations for the revenue fluctuations. Further investigation into the organization's fundraising strategies and investment performance would be necessary to understand these changes.
Filing History
IRS 990 filing history for Katherine Conroy Tr Fbo Cong Church showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Katherine Conroy Tr Fbo Cong Church's revenue has declined by 51.4%, moving from $40K to $19K. Total assets decreased by 8.8% over the same period, from $626K to $571K. Total functional expenses rose by 0.4%, from $37K to $37K. In its most recent filing year (2023), Katherine Conroy Tr Fbo Cong Church reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1 in liabilities against $571K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $571K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $37K | $571K | $1 | — | — |
| 2022 | $-15,511 | $47K | $589K | $1 | — | — |
| 2021 | $80K | $42K | $652K | $1 | — | — |
| 2020 | $15K | $50K | $614K | $1 | — | — |
| 2019 | $17K | $33K | $649K | $0 | — | View 990 |
| 2015 | $23K | $39K | $623K | $1 | — | View 990 |
| 2014 | $18K | $41K | $639K | $1 | — | View 990 |
| 2013 | $52K | $40K | $648K | $0 | — | View 990 |
| 2012 | $49K | $35K | $638K | $0 | — | View 990 |
| 2011 | $40K | $37K | $626K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $37K, and assets of $571K.
- 2022: Revenue of $-15,511, expenses of $47K, and assets of $589K (revenue -119.4% year-over-year).
- 2021: Revenue of $80K, expenses of $42K, and assets of $652K (revenue +432.2% year-over-year).
- 2020: Revenue of $15K, expenses of $50K, and assets of $614K (revenue -9.2% year-over-year).
- 2019: Revenue of $17K, expenses of $33K, and assets of $649K (revenue -29.6% year-over-year).
- 2015: Revenue of $23K, expenses of $39K, and assets of $623K (revenue +28.5% year-over-year).
- 2014: Revenue of $18K, expenses of $41K, and assets of $639K (revenue -64.7% year-over-year).
- 2013: Revenue of $52K, expenses of $40K, and assets of $648K (revenue +5.5% year-over-year).
- 2012: Revenue of $49K, expenses of $35K, and assets of $638K (revenue +23.6% year-over-year).
- 2011: Revenue of $40K, expenses of $37K, and assets of $626K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Katherine Conroy Tr Fbo Cong Church:
Data Sources and Methodology
This transparency report for Katherine Conroy Tr Fbo Cong Church 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.