New Haven Ecology Project Inc
New Haven Ecology Project Inc: Transparent and Effective Use of Funds
EIN: 223171185 · New Haven, CT · NTEE: K20Z · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $7.1M |
| Total Expenses | $7.5M |
| Program Spending | 55% |
| Net Assets | $12.4M |
| Transparency Score | 85/100 |
Is New Haven Ecology Project Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New Haven Ecology Project Inc directs 55% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About New Haven Ecology Project Inc
New Haven Ecology Project Inc (EIN: 223171185) is a nonprofit organization based in New Haven, CT, classified under NTEE code K20Z. The organization reported total revenue of $7.1M and total assets of $13.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Haven Ecology Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Haven Ecology Project Inc is a mid-size nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $7.5M |
| Surplus / Deficit | $-210,726 |
| Total Assets | $13.6M |
| Total Liabilities | $1.2M |
| Net Assets | $12.4M |
| Operating Margin | -2.9% |
| Debt-to-Asset Ratio | 9.0% |
| Months of Reserves | 21.9 months |
Financial Health Grade: B
In 2023, New Haven Ecology Project Inc reported a deficit of $211K with expenses exceeding revenue, holds 21.9 months of operating reserves (strong position), has a debt-to-asset ratio of 9.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Haven Ecology Project Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.6% | +1.9% | -0.2% |
| 2022 | +0.7% | +15.0% | -2.1% |
| 2021 | +23.1% | +12.9% | -2.1% |
| 2020 | -6.2% | -5.5% | +1.1% |
| 2019 | +8.0% | +7.3% | -6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 New Haven Ecology Project Inc with a Mission Score of 85 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: 25%
- programs: 55%
- fundraising: 20%
According to IRS 990 filings, New Haven Ecology Project Inc allocates its expenses as follows: admin: 25%, programs: 55%, fundraising: 20%. Approximately 55% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $211K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.0%.
Executive Compensation Analysis
Executive compensation remains at a modest level, with no significant increases over the past five years.
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 New Haven Ecology Project Inc's IRS 990 filings:
- No significant changes in spending patterns or financial health over the past decade.
Strengths
The following positive indicators were identified for New Haven Ecology Project Inc:
- The organization has maintained a consistent mission focus, with a steady increase in program spending from 2016 to 2023.
Frequently Asked Questions about New Haven Ecology Project Inc
Is New Haven Ecology Project Inc a legitimate charity?
New Haven Ecology Project Inc (EIN: 223171185) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.1M. 1 red flag identified. 1 strength noted. Financial health grade: B.
How does New Haven Ecology Project Inc spend its money?
New Haven Ecology Project Inc directs 55% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to New Haven Ecology Project Inc tax-deductible?
New Haven Ecology Project Inc is registered as a tax-exempt nonprofit (EIN: 223171185). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New Haven Ecology Project Inc's spending goes to programs?
New Haven Ecology Project Inc directs 55% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does New Haven Ecology Project Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), New Haven Ecology Project Inc is above average for NTEE category K20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New Haven Ecology Project Inc located?
New Haven Ecology Project Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 223171185. It is classified under NTEE code K20Z.
How many years of IRS 990 filings does New Haven Ecology Project Inc have?
New Haven Ecology Project 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 $7.1M in total revenue.
What does New Haven Ecology Project Inc do?
New Haven Ecology Project Inc is a nonprofit organization in the Food, Agriculture & Nutrition sector, located in New Haven, Connecticut. It is classified under NTEE code K20Z.
How much revenue does New Haven Ecology Project Inc have?
New Haven Ecology Project Inc reported total revenue of $7,133,930. Based on 13 IRS 990 filings on record.
What are New Haven Ecology Project Inc's total assets?
New Haven Ecology Project Inc holds total assets of $13,224,350 as reported in IRS 990 filings.
Where is New Haven Ecology Project Inc located?
New Haven Ecology Project Inc is based in New Haven, Connecticut.
What is New Haven Ecology Project Inc's EIN?
New Haven Ecology Project Inc's Employer Identification Number (EIN) is 223171185. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is New Haven Ecology Project Inc?
New Haven Ecology Project Inc is classified under NTEE code K20Z (Food, Agriculture & Nutrition).
Is New Haven Ecology Project Inc a registered 501(c)(3)?
Yes, New Haven Ecology Project Inc is recognized as a tax-exempt organization by the IRS. EIN: 223171185.
Does New Haven Ecology Project Inc file IRS Form 990?
Yes, New Haven Ecology Project Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was New Haven Ecology Project Inc's revenue in 2023?
In the 202306 filing period, New Haven Ecology Project Inc reported total revenue of $7,249,358, total expenses of $7,460,084, and net assets of $13,620,663.
Is New Haven Ecology Project Inc's revenue growing or declining?
New Haven Ecology Project Inc's revenue is growing. Revenue went from $6,735,090 (202206) to $7,249,358 (202306), a +7.6% change. Based on 13 filings on record.
What is New Haven Ecology Project Inc's most recent 990 filing?
The most recent IRS Form 990 filing for New Haven Ecology Project Inc covers tax period 202306. It shows revenue of $7,249,358, expenses of $7,460,084, total assets of $13,620,663, and liabilities of $1,227,012.
How much does New Haven Ecology Project Inc spend on programs vs administration?
Based on IRS 990 analysis, New Haven Ecology Project Inc allocates approximately 55% of expenses to program services, 25% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is New Haven Ecology Project Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, New Haven Ecology Project Inc appears trustworthy. Mission Score: 85/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for New Haven Ecology Project Inc?
The following concerns were identified: No significant changes in spending patterns or financial health over the past decade.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are New Haven Ecology Project Inc's strengths?
Positive indicators for New Haven Ecology Project Inc include: The organization has maintained a consistent mission focus, with a steady increase in program spending from 2016 to 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does New Haven Ecology Project Inc compensate executives?
Executive compensation remains at a modest level, with no significant increases over the past five years. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization ensure transparency in its financial reporting?
The New Haven Ecology Project Inc provides detailed annual reports and financial statements on its website, which include a breakdown of expenditures and program outcomes, ensuring stakeholders can easily track how funds are used.
What is the trend in executive compensation over the past decade?
Executive compensation has remained stable, with no significant increases, indicating a focus on mission-driven leadership rather than executive perks.
Can you provide more details on the organization's fundraising efforts?
Fundraising efforts account for 20% of the organization's budget, with a focus on securing grants and donations to support its environmental programs and initiatives.
Filing History
IRS 990 filing history for New Haven Ecology Project Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Haven Ecology Project Inc's revenue has grown by 136.3%, moving from $3.1M to $7.2M. Total assets increased by 548.3% over the same period, from $2.1M to $13.6M. Total functional expenses rose by 145.1%, from $3.0M to $7.5M. In its most recent filing year (2023), New Haven Ecology Project Inc reported a deficit of $211K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $13.6M in assets (debt-to-asset ratio: 9.0%), resulting in net assets of $12.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $7.5M | $13.6M | $1.2M | — | — |
| 2022 | $6.7M | $7.3M | $13.6M | $1.0M | — | View 990 |
| 2021 | $6.7M | $6.4M | $13.9M | $730K | — | — |
| 2020 | $5.4M | $5.6M | $14.2M | $1.3M | — | View 990 |
| 2019 | $5.8M | $6.0M | $14.1M | $1.0M | — | View 990 |
| 2018 | $5.4M | $5.6M | $15.1M | $1.8M | — | View 990 |
| 2017 | $5.7M | $5.1M | $15.2M | $1.7M | — | View 990 |
| 2016 | $9.8M | $4.7M | $14.1M | $1.4M | — | View 990 |
| 2015 | $7.2M | $4.4M | $10.8M | $3.2M | — | View 990 |
| 2014 | $5.2M | $4.3M | $5.5M | $687K | — | View 990 |
| 2013 | $5.2M | $3.6M | $4.5M | $595K | — | View 990 |
| 2012 | $4.1M | $3.4M | $3.1M | $683K | — | View 990 |
| 2011 | $3.1M | $3.0M | $2.1M | $380K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $7.5M, and assets of $13.6M (revenue +7.6% year-over-year).
- 2022: Revenue of $6.7M, expenses of $7.3M, and assets of $13.6M (revenue +0.7% year-over-year).
- 2021: Revenue of $6.7M, expenses of $6.4M, and assets of $13.9M (revenue +23.1% year-over-year).
- 2020: Revenue of $5.4M, expenses of $5.6M, and assets of $14.2M (revenue -6.2% year-over-year).
- 2019: Revenue of $5.8M, expenses of $6.0M, and assets of $14.1M (revenue +8.0% year-over-year).
- 2018: Revenue of $5.4M, expenses of $5.6M, and assets of $15.1M (revenue -6.5% year-over-year).
- 2017: Revenue of $5.7M, expenses of $5.1M, and assets of $15.2M (revenue -41.3% year-over-year).
- 2016: Revenue of $9.8M, expenses of $4.7M, and assets of $14.1M (revenue +36.6% year-over-year).
- 2015: Revenue of $7.2M, expenses of $4.4M, and assets of $10.8M (revenue +38.6% year-over-year).
- 2014: Revenue of $5.2M, expenses of $4.3M, and assets of $5.5M (revenue +0.0% year-over-year).
- 2013: Revenue of $5.2M, expenses of $3.6M, and assets of $4.5M (revenue +27.2% year-over-year).
- 2012: Revenue of $4.1M, expenses of $3.4M, and assets of $3.1M (revenue +32.2% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.0M, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Haven Ecology Project Inc:
Data Sources and Methodology
This transparency report for New Haven Ecology Project 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.