Newell D Hale Foundation Datedapril 18 2007

Newell D Hale Foundation shows declining assets and inconsistent financial performance with zero officer compensation.

EIN: 208864136 · Pomfret Ctr, CT · NTEE: T22 · Updated: 2026-03-28

$577KRevenue
$293KAssets
65/100Mission Score (Good)
T22

Is Newell D Hale Foundation Datedapril 18 2007 Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Newell D Hale Foundation Datedapril 18 2007 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Newell D Hale Foundation Datedapril 18 2007

Newell D Hale Foundation Datedapril 18 2007 (EIN: 208864136) is a nonprofit organization based in Pomfret Ctr, CT, classified under NTEE code T22. The organization reported total revenue of $577K and total assets of $293K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newell D Hale Foundation Datedapril 18 2007's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Newell D Hale Foundation Datedapril 18 2007 is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$43K
Total Expenses$337K
Surplus / Deficit$-294,024
Total Assets$240K
Total Liabilities$1
Net Assets$240K
Operating Margin-681.1%
Debt-to-Asset Ratio0.0%
Months of Reserves8.5 months

Financial Health Grade: B

In 2023, Newell D Hale Foundation Datedapril 18 2007 reported a deficit of $294K with expenses exceeding revenue, holds 8.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Newell D Hale Foundation Datedapril 18 2007's revenue has declined at a compound annual growth rate (CAGR) of -15.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-86.3%+17.2%-56.6%
2022-14.2%-41.4%+0.7%
2021-28.1%+27.9%-18.4%
2020+309.1%+319.0%+23.3%
2019-86.2%-96.5%-31.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Newell D Hale Foundation Datedapril 18 2007 exhibits inconsistent financial performance over the past decade. While the organization reported $577,171 in latest revenue, its recent filings show significant fluctuations. For instance, in 2023, revenue was $43,172 against expenses of $337,196, indicating a substantial deficit. This contrasts sharply with 2022, where revenue of $315,517 exceeded expenses of $287,751. The foundation's assets have also seen a considerable decline, from a high of $2,539,511 in 2014 to $239,829 in 2023, raising questions about long-term financial stability and asset management. The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator of efficient use of funds for its mission rather than executive salaries. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, it's challenging to fully assess spending efficiency. The significant expense in 2015 ($2,648,996) compared to revenue ($904,878) also warrants further investigation into the nature of these expenditures. Transparency appears to be adequate in terms of filing its IRS 990s, with 10 filings available. The consistent reporting of minimal liabilities ($0 or $1) suggests a healthy balance sheet in that regard. However, the dramatic swings in revenue and expenses, coupled with the decline in assets, suggest a need for more detailed financial explanations to fully understand the foundation's operational strategy and financial health.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Newell D Hale Foundation Datedapril 18 2007 with a Mission Score of 65 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

According to IRS 990 filings, Newell D Hale Foundation Datedapril 18 2007 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:

$43KTotal Revenue
$337KTotal Expenses
$240KTotal Assets
$1Total Liabilities
$240KNet Assets

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly favorable for a nonprofit of its size.

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 Newell D Hale Foundation Datedapril 18 2007's IRS 990 filings:

Strengths

The following positive indicators were identified for Newell D Hale Foundation Datedapril 18 2007:

Frequently Asked Questions about Newell D Hale Foundation Datedapril 18 2007

Is Newell D Hale Foundation Datedapril 18 2007 a legitimate charity?

Based on AI analysis of IRS 990 filings, Newell D Hale Foundation Datedapril 18 2007 (EIN: 208864136) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

How does Newell D Hale Foundation Datedapril 18 2007 spend its money?

Newell D Hale Foundation Datedapril 18 2007 directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Newell D Hale Foundation Datedapril 18 2007 tax-deductible?

Newell D Hale Foundation Datedapril 18 2007 is registered as a tax-exempt nonprofit (EIN: 208864136). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Why have the organization's assets declined so significantly from $2,539,511 in 2014 to $239,829 in 2023?

The provided data does not specify the reasons for the asset decline, but it is a substantial reduction that warrants further investigation into investment performance, asset distribution, or significant expenditures not covered by revenue.

What caused the large expense of $2,648,996 in 2015, which far exceeded the revenue of $904,878 for that period?

The data does not provide a breakdown of expenses, so the nature of this large expenditure is unclear. It could represent a significant program investment, a one-time capital expense, or a substantial loss.

How does the organization manage its operations with such fluctuating revenues and occasional large deficits, such as in 2023 where expenses were $337,196 against revenue of $43,172?

The organization likely relies on its existing assets or prior year surpluses to cover deficits. The significant asset base in earlier years may have provided a buffer, but the continued decline suggests this strategy may not be sustainable long-term without consistent revenue generation.

Filing History

IRS 990 filing history for Newell D Hale Foundation Datedapril 18 2007 showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Newell D Hale Foundation Datedapril 18 2007's revenue has declined by 87.4%, moving from $343K to $43K. Total assets decreased by 88.2% over the same period, from $2.0M to $240K. Total functional expenses rose by 136.9%, from $142K to $337K. In its most recent filing year (2023), Newell D Hale Foundation Datedapril 18 2007 reported a deficit of $294K, with expenses exceeding revenue. The organization holds $1 in liabilities against $240K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $240K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $43K $337K $240K $1
2022 $316K $288K $553K $1 View 990
2021 $368K $491K $549K $1 View 990
2020 $511K $384K $672K $1
2019 $125K $92K $545K $1
2015 $905K $2.6M $795K $1 View 990
2014 $307K $182K $2.5M $0 View 990
2013 $344K $31K $2.4M $0 View 990
2012 $360K $285K $2.1M $1 View 990
2011 $343K $142K $2.0M $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Newell D Hale Foundation Datedapril 18 2007:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Newell D Hale Foundation Datedapril 18 2007 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.

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