Neighborhood Studios Of Fairfield County Inc
EIN: 60993269 · Bridgeport, CT · NTEE: A250
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $907K |
| Net Assets | $-339,465 |
Is Neighborhood Studios Of Fairfield County Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Neighborhood Studios Of Fairfield County Inc
Neighborhood Studios Of Fairfield County Inc (EIN: 60993269) is a nonprofit organization based in Bridgeport, CT, classified under NTEE code A250. The organization reported total revenue of $1.0M and total assets of $320K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Neighborhood Studios Of Fairfield County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Neighborhood Studios Of Fairfield County Inc is a mid-size nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $921K |
| Total Expenses | $907K |
| Surplus / Deficit | +$14K |
| Total Assets | $374K |
| Total Liabilities | $714K |
| Net Assets | $-339,465 |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 190.7% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2023, Neighborhood Studios Of Fairfield County Inc reported a surplus of $14K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 190.7% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Neighborhood Studios Of Fairfield County Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.5% | +11.1% | -3.3% |
| 2022 | +46.6% | +28.3% | +9.2% |
| 2021 | +18.3% | +0.3% | +26.6% |
| 2020 | -36.5% | -25.5% | +49.1% |
| 2019 | +36.6% | +10.5% | -28.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Neighborhood Studios Of Fairfield County 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 Neighborhood Studios Of Fairfield County 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 surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 190.7%.
Frequently Asked Questions about Neighborhood Studios Of Fairfield County Inc
Is Neighborhood Studios Of Fairfield County Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Neighborhood Studios Of Fairfield County Inc (EIN: 60993269) insufficient data. 0 red flags identified, 0 strengths noted.
How does Neighborhood Studios Of Fairfield County Inc spend its money?
Detailed spending breakdown data is not yet available for Neighborhood Studios Of Fairfield County Inc. Check back for updated IRS 990 analysis.
Are donations to Neighborhood Studios Of Fairfield County Inc tax-deductible?
Neighborhood Studios Of Fairfield County Inc is registered as a tax-exempt nonprofit (EIN: 60993269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Neighborhood Studios Of Fairfield County Inc located?
Neighborhood Studios Of Fairfield County Inc is headquartered in Bridgeport, Connecticut and files with the IRS under EIN 60993269. It is classified under NTEE code A250.
How many years of IRS 990 filings does Neighborhood Studios Of Fairfield County Inc have?
Neighborhood Studios Of Fairfield County 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 $1.0M in total revenue.
Filing History
IRS 990 filing history for Neighborhood Studios Of Fairfield County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Neighborhood Studios Of Fairfield County Inc's revenue has declined by 50.3%, moving from $1.9M to $921K. Total assets decreased by 52.7% over the same period, from $792K to $374K. Total functional expenses fell by 31.1%, from $1.3M to $907K. In its most recent filing year (2023), Neighborhood Studios Of Fairfield County Inc reported a surplus of $14K, with revenue exceeding expenses. The organization holds $714K in liabilities against $374K in assets (debt-to-asset ratio: 190.7%), resulting in net assets of $-339,465.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $921K | $907K | $374K | $714K | — | View 990 |
| 2022 | $899K | $816K | $387K | $740K | — | View 990 |
| 2021 | $613K | $636K | $355K | $790K | — | View 990 |
| 2020 | $518K | $634K | $280K | $693K | — | View 990 |
| 2019 | $816K | $851K | $188K | $484K | — | View 990 |
| 2018 | $598K | $770K | $264K | $525K | — | View 990 |
| 2017 | $954K | $963K | $315K | $404K | — | View 990 |
| 2016 | $898K | $989K | $381K | $462K | — | View 990 |
| 2015 | $1.0M | $1.1M | $423K | $413K | — | View 990 |
| 2014 | $999K | $1.2M | $528K | $439K | — | View 990 |
| 2013 | $1.1M | $1.2M | $603K | $359K | — | View 990 |
| 2012 | $1.3M | $1.4M | $708K | $386K | — | View 990 |
| 2011 | $1.9M | $1.3M | $792K | $292K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $921K, expenses of $907K, and assets of $374K (revenue +2.5% year-over-year).
- 2022: Revenue of $899K, expenses of $816K, and assets of $387K (revenue +46.6% year-over-year).
- 2021: Revenue of $613K, expenses of $636K, and assets of $355K (revenue +18.3% year-over-year).
- 2020: Revenue of $518K, expenses of $634K, and assets of $280K (revenue -36.5% year-over-year).
- 2019: Revenue of $816K, expenses of $851K, and assets of $188K (revenue +36.6% year-over-year).
- 2018: Revenue of $598K, expenses of $770K, and assets of $264K (revenue -37.4% year-over-year).
- 2017: Revenue of $954K, expenses of $963K, and assets of $315K (revenue +6.3% year-over-year).
- 2016: Revenue of $898K, expenses of $989K, and assets of $381K (revenue -10.7% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $423K (revenue +0.6% year-over-year).
- 2014: Revenue of $999K, expenses of $1.2M, and assets of $528K (revenue -12.8% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.2M, and assets of $603K (revenue -10.0% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $708K (revenue -31.4% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.3M, and assets of $792K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Neighborhood Studios Of Fairfield County Inc:
Data Sources and Methodology
This transparency report for Neighborhood Studios Of Fairfield County 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.