Newington Rotary Chairites Inc
EIN: 271243037 · Newington, CT · NTEE: T123
Is Newington Rotary Chairites Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Newington Rotary Chairites Inc
Newington Rotary Chairites Inc (EIN: 271243037) is a nonprofit organization based in Newington, CT, classified under NTEE code T123. The organization reported total revenue of $68K and total assets of $138K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newington Rotary Chairites Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newington Rotary Chairites Inc is a micro nonprofit that has been operating for 15 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $44K |
| Surplus / Deficit | +$3K |
| Total Assets | $128K |
| Net Assets | $128K |
| Operating Margin | 5.7% |
| Months of Reserves | 35.2 months |
Financial Health Grade: A
In 2023, Newington Rotary Chairites Inc reported a surplus of $3K with revenue exceeding expenses, holds 35.2 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2014–2023), Newington Rotary Chairites Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.3% | -17.4% | +2.1% |
| 2022 | +36.7% | +22.1% | +6.6% |
| 2020 | -9.0% | -12.7% | +1.8% |
| 2019 | +18.9% | +39.2% | +80.7% |
| 2016 | -25.9% | +53.1% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Newington Rotary Chairites 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 Newington Rotary Chairites 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 $3K, with revenue exceeding expenses.
Frequently Asked Questions about Newington Rotary Chairites Inc
Is Newington Rotary Chairites Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Newington Rotary Chairites Inc (EIN: 271243037) insufficient data. 0 red flags identified, 0 strengths noted.
How does Newington Rotary Chairites Inc spend its money?
Detailed spending breakdown data is not yet available for Newington Rotary Chairites Inc. Check back for updated IRS 990 analysis.
Are donations to Newington Rotary Chairites Inc tax-deductible?
Newington Rotary Chairites Inc is registered as a tax-exempt nonprofit (EIN: 271243037). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Newington Rotary Chairites Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Newington Rotary Chairites Inc's revenue has grown by 58.8%, moving from $29K to $46K. Total assets increased by 400.3% over the same period, from $26K to $128K. Total functional expenses rose by 168.5%, from $16K to $44K. In its most recent filing year (2023), Newington Rotary Chairites Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46K | $44K | $128K | $0 | — | View 990 |
| 2022 | $62K | $53K | $125K | $0 | — | View 990 |
| 2020 | $45K | $43K | $118K | $0 | — | View 990 |
| 2019 | $50K | $50K | $115K | $0 | — | View 990 |
| 2016 | $42K | $36K | $64K | $0 | — | View 990 |
| 2015 | $57K | $23K | $58K | $0 | — | View 990 |
| 2014 | $29K | $16K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46K, expenses of $44K, and assets of $128K (revenue -25.3% year-over-year).
- 2022: Revenue of $62K, expenses of $53K, and assets of $125K (revenue +36.7% year-over-year).
- 2020: Revenue of $45K, expenses of $43K, and assets of $118K (revenue -9.0% year-over-year).
- 2019: Revenue of $50K, expenses of $50K, and assets of $115K (revenue +18.9% year-over-year).
- 2016: Revenue of $42K, expenses of $36K, and assets of $64K (revenue -25.9% year-over-year).
- 2015: Revenue of $57K, expenses of $23K, and assets of $58K (revenue +94.3% year-over-year).
- 2014: Revenue of $29K, expenses of $16K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newington Rotary Chairites Inc:
Data Sources and Methodology
This transparency report for Newington Rotary Chairites 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.