Nepalese Association Of Connecticut Company
EIN: 270538837 · West Hartford, CT · NTEE: A23
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $41K |
| Net Assets | $323K |
Is Nepalese Association Of Connecticut Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Nepalese Association Of Connecticut Company
Nepalese Association Of Connecticut Company (EIN: 270538837) is a nonprofit organization based in West Hartford, CT, classified under NTEE code A23. The organization reported total revenue of $61K and total assets of $337K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nepalese Association Of Connecticut Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nepalese Association Of Connecticut Company is a micro nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $41K |
| Surplus / Deficit | +$25K |
| Total Assets | $323K |
| Net Assets | $323K |
| Operating Margin | 37.8% |
| Months of Reserves | 94.1 months |
Financial Health Grade: A
In 2023, Nepalese Association Of Connecticut Company reported a surplus of $25K with revenue exceeding expenses, holds 94.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Nepalese Association Of Connecticut Company's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.0% | -100.0% | +72.1% |
| 2021 | +147.7% | +263.8% | +37.1% |
| 2020 | -55.7% | -79.8% | +20.3% |
| 2019 | +107.8% | +19.2% | +50.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Nepalese Association Of Connecticut Company 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 Nepalese Association Of Connecticut Company 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 $25K, with revenue exceeding expenses.
Frequently Asked Questions about Nepalese Association Of Connecticut Company
Is Nepalese Association Of Connecticut Company a legitimate charity?
Nepalese Association Of Connecticut Company (EIN: 270538837) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $61K. No red flags identified. Financial health grade: A.
How does Nepalese Association Of Connecticut Company spend its money?
Nepalese Association Of Connecticut Company reported $61K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Nepalese Association Of Connecticut Company tax-deductible?
Nepalese Association Of Connecticut Company is registered as a tax-exempt nonprofit (EIN: 270538837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Nepalese Association Of Connecticut Company located?
Nepalese Association Of Connecticut Company is headquartered in West Hartford, Connecticut and files with the IRS under EIN 270538837. It is classified under NTEE code A23.
How many years of IRS 990 filings does Nepalese Association Of Connecticut Company have?
Nepalese Association Of Connecticut Company 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 $61K in total revenue.
Filing History
IRS 990 filing history for Nepalese Association Of Connecticut Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Nepalese Association Of Connecticut Company's revenue has grown by 170.6%, moving from $24K to $66K. Total assets increased by 1790.1% over the same period, from $17K to $323K. Total functional expenses rose by 163.7%, from $16K to $41K. In its most recent filing year (2023), Nepalese Association Of Connecticut Company reported a surplus of $25K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66K | $41K | $323K | $0 | — | — |
| 2022 | $0 | $0 | $456K | $0 | — | View 990 |
| 2021 | $98K | $26K | $265K | $0 | — | — |
| 2020 | $40K | $7K | $193K | $194 | — | View 990 |
| 2019 | $89K | $36K | $160K | $0 | — | View 990 |
| 2018 | $43K | $30K | $107K | $0 | — | View 990 |
| 2017 | $49K | $33K | $94K | $0 | — | View 990 |
| 2016 | $32K | $28K | $78K | $0 | — | View 990 |
| 2015 | $104K | $78K | $73K | $0 | — | View 990 |
| 2014 | $36K | $31K | $46K | $0 | — | View 990 |
| 2013 | $43K | $27K | $40K | $0 | — | View 990 |
| 2012 | $26K | $18K | $25K | $0 | — | View 990 |
| 2011 | $24K | $16K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66K, expenses of $41K, and assets of $323K.
- 2022: Revenue of $0, expenses of $0, and assets of $456K (revenue -100.0% year-over-year).
- 2021: Revenue of $98K, expenses of $26K, and assets of $265K (revenue +147.7% year-over-year).
- 2020: Revenue of $40K, expenses of $7K, and assets of $193K (revenue -55.7% year-over-year).
- 2019: Revenue of $89K, expenses of $36K, and assets of $160K (revenue +107.8% year-over-year).
- 2018: Revenue of $43K, expenses of $30K, and assets of $107K (revenue -12.1% year-over-year).
- 2017: Revenue of $49K, expenses of $33K, and assets of $94K (revenue +50.7% year-over-year).
- 2016: Revenue of $32K, expenses of $28K, and assets of $78K (revenue -68.7% year-over-year).
- 2015: Revenue of $104K, expenses of $78K, and assets of $73K (revenue +189.3% year-over-year).
- 2014: Revenue of $36K, expenses of $31K, and assets of $46K (revenue -15.9% year-over-year).
- 2013: Revenue of $43K, expenses of $27K, and assets of $40K (revenue +64.7% year-over-year).
- 2012: Revenue of $26K, expenses of $18K, and assets of $25K (revenue +5.8% year-over-year).
- 2011: Revenue of $24K, expenses of $16K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nepalese Association Of Connecticut Company:
Data Sources and Methodology
This transparency report for Nepalese Association Of Connecticut Company 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.