Naugatuck Valley League Inc
Naugatuck Valley League Inc. frequently operates at a deficit with minimal assets.
EIN: 205526182 · Bristol, CT · NTEE: N60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $108K |
| Total Expenses | $131K |
| Program Spending | 80% |
| Net Assets | $1K |
| Transparency Score | 60/100 |
Is Naugatuck Valley League Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Naugatuck Valley League Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Naugatuck Valley League Inc
Naugatuck Valley League Inc (EIN: 205526182) is a nonprofit organization based in Bristol, CT, classified under NTEE code N60. The organization reported total revenue of $108K and total assets of $255 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Naugatuck Valley League Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Naugatuck Valley League Inc is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $131K |
| Surplus / Deficit | $-23,349 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | -21.8% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Naugatuck Valley League Inc reported a deficit of $23K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Naugatuck Valley League Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.2% | +19.0% | -95.6% |
| 2022 | +119.0% | +55.3% | -33.7% |
| 2021 | -59.0% | -18.3% | -41.6% |
| 2020 | -4.1% | -9.0% | +53.6% |
| 2019 | +6.8% | +6.7% | +79.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Naugatuck Valley League Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Naugatuck Valley League Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led organization. This is highly efficient for an organization of its size, as it directs all available funds towards operations rather than salaries.
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 Naugatuck Valley League Inc's IRS 990 filings:
- Frequent operational deficits (7 out of 10 years expenses exceeded revenue).
- Extremely low asset base ($255 in latest filing, $1,065 in 2023) relative to annual revenue.
- Significant decline in assets from $63,059 in 2020 to $255 in the latest period.
Strengths
The following positive indicators were identified for Naugatuck Valley League Inc:
- Consistent 0% officer compensation, indicating volunteer leadership and high efficiency in this area.
- Consistent filing of IRS 990 forms, demonstrating transparency.
- Stable revenue generation around $100,000 annually over the past decade.
Frequently Asked Questions about Naugatuck Valley League Inc
Is Naugatuck Valley League Inc a legitimate charity?
Naugatuck Valley League Inc (EIN: 205526182) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $108K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Naugatuck Valley League Inc spend its money?
Naugatuck Valley League Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Naugatuck Valley League Inc tax-deductible?
Naugatuck Valley League Inc is registered as a tax-exempt nonprofit (EIN: 205526182). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Naugatuck Valley League Inc's spending goes to programs?
Naugatuck Valley League Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Naugatuck Valley League Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Naugatuck Valley League Inc is above average for NTEE category N60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Naugatuck Valley League Inc located?
Naugatuck Valley League Inc is headquartered in Bristol, Connecticut and files with the IRS under EIN 205526182. It is classified under NTEE code N60.
How many years of IRS 990 filings does Naugatuck Valley League Inc have?
Naugatuck Valley League 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 $108K in total revenue.
Is Naugatuck Valley League Inc. financially stable?
No, the organization has frequently operated at a deficit, with expenses exceeding revenue in 7 of the last 10 reported periods, and its asset base is very low ($255 in the latest filing, $1,065 in 2023) relative to its annual operating budget.
How does Naugatuck Valley League Inc. fund its operations given the deficits?
The recurring deficits suggest the organization may be drawing down on prior year surpluses or relying on other unspecified funding sources to cover the gap between revenue and expenses. This is not explicitly detailed in the provided data.
What is the trend in the organization's assets?
Assets have fluctuated significantly, peaking at $63,059 in 2020 but declining sharply to $1,065 in 2023 and $255 in the latest filing, indicating a concerning depletion of reserves.
Filing History
IRS 990 filing history for Naugatuck Valley League Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Naugatuck Valley League Inc's revenue has grown by 18.3%, moving from $91K to $107K. Total assets decreased by 87.3% over the same period, from $8K to $1K. Total functional expenses rose by 53.5%, from $85K to $131K. In its most recent filing year (2023), Naugatuck Valley League Inc reported a deficit of $23K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $131K | $1K | $0 | — | View 990 |
| 2022 | $97K | $110K | $24K | $0 | — | View 990 |
| 2021 | $44K | $71K | $37K | $0 | — | View 990 |
| 2020 | $108K | $86K | $63K | $0 | — | View 990 |
| 2019 | $113K | $95K | $41K | $0 | — | View 990 |
| 2018 | $106K | $89K | $23K | $0 | — | View 990 |
| 2017 | $99K | $97K | $6K | $0 | — | View 990 |
| 2016 | $103K | $108K | $4K | $0 | — | View 990 |
| 2015 | $104K | $104K | $10K | $0 | — | View 990 |
| 2014 | $100K | $104K | $10K | $0 | — | View 990 |
| 2013 | $98K | $96K | $14K | $0 | — | View 990 |
| 2012 | $96K | $90K | $13K | $0 | — | View 990 |
| 2011 | $91K | $85K | $8K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $131K, and assets of $1K (revenue +10.2% year-over-year).
- 2022: Revenue of $97K, expenses of $110K, and assets of $24K (revenue +119.0% year-over-year).
- 2021: Revenue of $44K, expenses of $71K, and assets of $37K (revenue -59.0% year-over-year).
- 2020: Revenue of $108K, expenses of $86K, and assets of $63K (revenue -4.1% year-over-year).
- 2019: Revenue of $113K, expenses of $95K, and assets of $41K (revenue +6.8% year-over-year).
- 2018: Revenue of $106K, expenses of $89K, and assets of $23K (revenue +7.2% year-over-year).
- 2017: Revenue of $99K, expenses of $97K, and assets of $6K (revenue -3.8% year-over-year).
- 2016: Revenue of $103K, expenses of $108K, and assets of $4K (revenue -1.0% year-over-year).
- 2015: Revenue of $104K, expenses of $104K, and assets of $10K (revenue +3.6% year-over-year).
- 2014: Revenue of $100K, expenses of $104K, and assets of $10K (revenue +2.6% year-over-year).
- 2013: Revenue of $98K, expenses of $96K, and assets of $14K (revenue +1.3% year-over-year).
- 2012: Revenue of $96K, expenses of $90K, and assets of $13K (revenue +6.3% year-over-year).
- 2011: Revenue of $91K, expenses of $85K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Naugatuck Valley League Inc:
Data Sources and Methodology
This transparency report for Naugatuck Valley League 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.