Leadership Greater Hartford Inc
EIN: 61167174 · Hartford, CT · NTEE: W70Z
| Metric | Value |
|---|---|
| Total Revenue | $771K |
| Total Expenses | $940K |
| Net Assets | $372K |
Is Leadership Greater Hartford Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Leadership Greater Hartford Inc
Leadership Greater Hartford Inc (EIN: 61167174) is a nonprofit organization based in Hartford, CT, classified under NTEE code W70Z. The organization reported total revenue of $771K and total assets of $308K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leadership Greater Hartford Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Leadership Greater Hartford Inc is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $680K |
| Total Expenses | $940K |
| Surplus / Deficit | $-259,745 |
| Total Assets | $545K |
| Total Liabilities | $173K |
| Net Assets | $372K |
| Operating Margin | -38.2% |
| Debt-to-Asset Ratio | 31.8% |
| Months of Reserves | 7.0 months |
Financial Health Grade: B
In 2023, Leadership Greater Hartford Inc reported a deficit of $260K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 31.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Leadership Greater Hartford Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.0% | +6.9% | -32.9% |
| 2022 | -6.6% | -1.2% | +39.5% |
| 2021 | -4.1% | -20.7% | +62.2% |
| 2020 | -2.6% | -9.3% | -21.1% |
| 2019 | -6.7% | +0.4% | -15.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Leadership Greater Hartford 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 Leadership Greater Hartford 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 deficit of $260K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.8%.
Frequently Asked Questions about Leadership Greater Hartford Inc
Is Leadership Greater Hartford Inc a legitimate charity?
Leadership Greater Hartford Inc (EIN: 61167174) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $771K. No red flags identified. Financial health grade: B.
How does Leadership Greater Hartford Inc spend its money?
Leadership Greater Hartford Inc reported $771K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Leadership Greater Hartford Inc tax-deductible?
Leadership Greater Hartford Inc is registered as a tax-exempt nonprofit (EIN: 61167174). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Leadership Greater Hartford Inc located?
Leadership Greater Hartford Inc is headquartered in Hartford, Connecticut and files with the IRS under EIN 61167174. It is classified under NTEE code W70Z.
How many years of IRS 990 filings does Leadership Greater Hartford Inc have?
Leadership Greater Hartford Inc 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 $771K in total revenue.
Filing History
IRS 990 filing history for Leadership Greater Hartford Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Leadership Greater Hartford Inc's revenue has declined by 39.2%, moving from $1.1M to $680K. Total assets increased by 38.7% over the same period, from $393K to $545K. Total functional expenses fell by 18.9%, from $1.2M to $940K. In its most recent filing year (2023), Leadership Greater Hartford Inc reported a deficit of $260K, with expenses exceeding revenue. The organization holds $173K in liabilities against $545K in assets (debt-to-asset ratio: 31.8%), resulting in net assets of $372K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $680K | $940K | $545K | $173K | — | — |
| 2022 | $1.0M | $879K | $812K | $180K | — | — |
| 2021 | $1.1M | $890K | $582K | $118K | — | View 990 |
| 2020 | $1.2M | $1.1M | $359K | $125K | — | View 990 |
| 2019 | $1.2M | $1.2M | $455K | $266K | — | View 990 |
| 2018 | $1.3M | $1.2M | $536K | $308K | — | View 990 |
| 2017 | $1.2M | $1.3M | $474K | $299K | — | View 990 |
| 2016 | $1.2M | $1.3M | $558K | $276K | — | View 990 |
| 2015 | $1.4M | $1.4M | $635K | $270K | — | View 990 |
| 2014 | $1.5M | $1.3M | $690K | $311K | — | View 990 |
| 2013 | $1.3M | $1.2M | $423K | $281K | — | View 990 |
| 2012 | $1.0M | $1.1M | $325K | $257K | — | View 990 |
| 2011 | $1.1M | $1.2M | $393K | $260K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $680K, expenses of $940K, and assets of $545K (revenue -35.0% year-over-year).
- 2022: Revenue of $1.0M, expenses of $879K, and assets of $812K (revenue -6.6% year-over-year).
- 2021: Revenue of $1.1M, expenses of $890K, and assets of $582K (revenue -4.1% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $359K (revenue -2.6% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $455K (revenue -6.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $536K (revenue +8.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $474K (revenue -4.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.3M, and assets of $558K (revenue -9.4% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $635K (revenue -8.3% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.3M, and assets of $690K (revenue +19.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.2M, and assets of $423K (revenue +20.7% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.1M, and assets of $325K (revenue -7.1% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $393K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Leadership Greater Hartford Inc:
Data Sources and Methodology
This transparency report for Leadership Greater Hartford 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.