Lawyers Concerned For Lawyers Connecticut Inc
Lawyers Concerned For Lawyers Connecticut Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.
EIN: 202889316 · Rocky Hill, CT · NTEE: F20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $324K |
| Total Expenses | $293K |
| Program Spending | 85% |
| Net Assets | $309K |
| Transparency Score | 88/100 |
Is Lawyers Concerned For Lawyers Connecticut Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lawyers Concerned For Lawyers Connecticut Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lawyers Concerned For Lawyers Connecticut Inc
Lawyers Concerned For Lawyers Connecticut Inc (EIN: 202889316) is a nonprofit organization based in Rocky Hill, CT, classified under NTEE code F20. The organization reported total revenue of $324K and total assets of $352K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lawyers Concerned For Lawyers Connecticut Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lawyers Concerned For Lawyers Connecticut Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $337K |
| Total Expenses | $293K |
| Surplus / Deficit | +$44K |
| Total Assets | $323K |
| Total Liabilities | $14K |
| Net Assets | $309K |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 13.2 months |
Financial Health Grade: A
In 2024, Lawyers Concerned For Lawyers Connecticut Inc reported a surplus of $44K with revenue exceeding expenses, holds 13.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Lawyers Concerned For Lawyers Connecticut Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.0% | +10.5% | +7.4% |
| 2023 | +2.4% | -1.0% | +46.5% |
| 2022 | +9.4% | +14.6% | +34.4% |
| 2021 | +31.6% | +4.2% | +29.4% |
| 2020 | +0.4% | -10.3% | +14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Lawyers Concerned For Lawyers Connecticut Inc 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, Lawyers Concerned For Lawyers Connecticut Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $44K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive team or that executive salaries are categorized under other expense lines, which could be a point of inquiry for full transparency.
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 Lawyers Concerned For Lawyers Connecticut Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Officer compensation consistently reported as 0%, which might obscure executive pay if categorized elsewhere
Strengths
The following positive indicators were identified for Lawyers Concerned For Lawyers Connecticut Inc:
- Consistent revenue growth (e.g., $221,895 in 2020 to $336,990 in 2024)
- Healthy asset accumulation (e.g., $118,166 in 2020 to $323,111 in 2024)
- Expenses consistently below revenue, indicating sound financial management
- Low liabilities across all filing periods
- No reported officer compensation, suggesting a lean operational structure or volunteer leadership
Frequently Asked Questions about Lawyers Concerned For Lawyers Connecticut Inc
Is Lawyers Concerned For Lawyers Connecticut Inc a legitimate charity?
Lawyers Concerned For Lawyers Connecticut Inc (EIN: 202889316) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 88/100. It has 14 years of IRS 990 filings on record. Total revenue: $324K. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Lawyers Concerned For Lawyers Connecticut Inc spend its money?
Lawyers Concerned For Lawyers Connecticut Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lawyers Concerned For Lawyers Connecticut Inc tax-deductible?
Lawyers Concerned For Lawyers Connecticut Inc is registered as a tax-exempt nonprofit (EIN: 202889316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lawyers Concerned For Lawyers Connecticut Inc's spending goes to programs?
Lawyers Concerned For Lawyers Connecticut Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Lawyers Concerned For Lawyers Connecticut Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Lawyers Concerned For Lawyers Connecticut Inc is above average for NTEE category F20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Lawyers Concerned For Lawyers Connecticut Inc located?
Lawyers Concerned For Lawyers Connecticut Inc is headquartered in Rocky Hill, Connecticut and files with the IRS under EIN 202889316. It is classified under NTEE code F20.
How many years of IRS 990 filings does Lawyers Concerned For Lawyers Connecticut Inc have?
Lawyers Concerned For Lawyers Connecticut Inc has 14 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 $324K in total revenue.
Is Lawyers Concerned For Lawyers Connecticut Inc financially stable?
Yes, the organization demonstrates strong financial stability with consistent revenue growth (from $221,895 in 2020 to $336,990 in 2024) and a healthy increase in assets (from $118,166 in 2020 to $323,111 in 2024), while maintaining low liabilities.
How does the organization manage its expenses relative to its income?
The organization consistently manages its expenses below its revenue. For example, in 2024, revenue was $336,990 and expenses were $293,133, resulting in a surplus that contributes to asset growth.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, increasing from $103,266 in 2019 to $323,111 in 2024, indicating effective financial management and accumulation of reserves.
Filing History
IRS 990 filing history for Lawyers Concerned For Lawyers Connecticut Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Lawyers Concerned For Lawyers Connecticut Inc's revenue has grown by 71.5%, moving from $197K to $337K. Total assets increased by 244.7% over the same period, from $94K to $323K. Total functional expenses rose by 52.8%, from $192K to $293K. In its most recent filing year (2024), Lawyers Concerned For Lawyers Connecticut Inc reported a surplus of $44K, with revenue exceeding expenses. The organization holds $14K in liabilities against $323K in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $309K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $337K | $293K | $323K | $14K | — | — |
| 2023 | $327K | $265K | $301K | $36K | — | View 990 |
| 2022 | $320K | $268K | $205K | $2K | — | View 990 |
| 2021 | $292K | $234K | $153K | $1K | — | — |
| 2020 | $222K | $224K | $118K | $24K | — | View 990 |
| 2019 | $221K | $250K | $103K | $7K | — | View 990 |
| 2018 | $213K | $234K | $125K | $0 | — | View 990 |
| 2017 | $213K | $246K | $149K | $4K | — | View 990 |
| 2016 | $213K | $227K | $182K | $4K | — | View 990 |
| 2015 | $213K | $207K | $195K | $2K | — | View 990 |
| 2014 | $227K | $196K | $189K | $2K | — | View 990 |
| 2013 | $220K | $190K | $158K | $3K | — | View 990 |
| 2012 | $203K | $190K | $127K | $66K | — | View 990 |
| 2011 | $197K | $192K | $94K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $337K, expenses of $293K, and assets of $323K (revenue +3.0% year-over-year).
- 2023: Revenue of $327K, expenses of $265K, and assets of $301K (revenue +2.4% year-over-year).
- 2022: Revenue of $320K, expenses of $268K, and assets of $205K (revenue +9.4% year-over-year).
- 2021: Revenue of $292K, expenses of $234K, and assets of $153K (revenue +31.6% year-over-year).
- 2020: Revenue of $222K, expenses of $224K, and assets of $118K (revenue +0.4% year-over-year).
- 2019: Revenue of $221K, expenses of $250K, and assets of $103K (revenue +3.7% year-over-year).
- 2018: Revenue of $213K, expenses of $234K, and assets of $125K (revenue +0.1% year-over-year).
- 2017: Revenue of $213K, expenses of $246K, and assets of $149K (revenue -0.1% year-over-year).
- 2016: Revenue of $213K, expenses of $227K, and assets of $182K (revenue +0.2% year-over-year).
- 2015: Revenue of $213K, expenses of $207K, and assets of $195K (revenue -6.3% year-over-year).
- 2014: Revenue of $227K, expenses of $196K, and assets of $189K (revenue +3.2% year-over-year).
- 2013: Revenue of $220K, expenses of $190K, and assets of $158K (revenue +8.2% year-over-year).
- 2012: Revenue of $203K, expenses of $190K, and assets of $127K (revenue +3.5% year-over-year).
- 2011: Revenue of $197K, expenses of $192K, and assets of $94K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lawyers Concerned For Lawyers Connecticut Inc:
Data Sources and Methodology
This transparency report for Lawyers Concerned For Lawyers Connecticut 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.