Newtown Bridle Lands Association Inc
Newtown Bridle Lands Association: Stable Finances, Low Program Spending
EIN: 223018112 · Newtown, CT · Updated: 2026-04-04
Is Newtown Bridle Lands Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Newtown Bridle Lands Association Inc directs 10% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Newtown Bridle Lands Association Inc
Newtown Bridle Lands Association Inc (EIN: 223018112) is a nonprofit organization based in Newtown, CT. The organization reported total revenue of $115K and total assets of $208K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Newtown Bridle Lands Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Newtown Bridle Lands Association Inc is a small nonprofit that has been operating for 36 years, with 2 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $8K |
| Surplus / Deficit | +$75K |
| Total Assets | $188K |
| Net Assets | $188K |
| Operating Margin | 90.1% |
| Months of Reserves | 276.1 months |
Financial Health Grade: A
In 2023, Newtown Bridle Lands Association Inc reported a surplus of $75K with revenue exceeding expenses, holds 276.1 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2011–2023), Newtown Bridle Lands Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 28.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1999.0% | -43.6% | +235.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1990 |
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 Newtown Bridle Lands Association Inc 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
- admin: 45%
- programs: 10%
- fundraising: 45%
According to IRS 990 filings, Newtown Bridle Lands Association Inc allocates its expenses as follows: admin: 45%, programs: 10%, fundraising: 45%. Only 10% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $75K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not detailed in the provided data, making it impossible to assess specific figures.
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 Newtown Bridle Lands Association Inc's IRS 990 filings:
- Only 10% of spending is allocated to programs, indicating a low direct impact relative to administrative and fundraising costs.
- Significant portion of revenue (45%) is spent on fundraising, which may be inefficient for a local organization.
- Lack of detailed program information makes it difficult to understand the organization's actual activities and impact.
Strengths
The following positive indicators were identified for Newtown Bridle Lands Association Inc:
- Consistent revenue generation, with reported revenue of $82,680 in 2023.
- Healthy asset base, with $187,704 in assets reported in 2023.
- No reported liabilities, indicating strong financial solvency.
Frequently Asked Questions about Newtown Bridle Lands Association Inc
Is Newtown Bridle Lands Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Newtown Bridle Lands Association Inc (EIN: 223018112) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Newtown Bridle Lands Association Inc spend its money?
Newtown Bridle Lands Association Inc directs 10% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Newtown Bridle Lands Association Inc tax-deductible?
Newtown Bridle Lands Association Inc is registered as a tax-exempt nonprofit (EIN: 223018112). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Newtown Bridle Lands Association Inc do?
Newtown Bridle Lands Association Inc is a nonprofit organization in the Unknown sector, located in Newtown, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Newtown Bridle Lands Association Inc have?
Newtown Bridle Lands Association Inc reported total revenue of $114,584. Based on 2 IRS 990 filings on record.
What are Newtown Bridle Lands Association Inc's total assets?
Newtown Bridle Lands Association Inc holds total assets of $208,250 as reported in IRS 990 filings.
Where is Newtown Bridle Lands Association Inc located?
Newtown Bridle Lands Association Inc is based in Newtown, Connecticut.
What is Newtown Bridle Lands Association Inc's EIN?
Newtown Bridle Lands Association Inc's Employer Identification Number (EIN) is 223018112. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Newtown Bridle Lands Association Inc?
Newtown Bridle Lands Association Inc is classified under NTEE code Unknown (Unknown).
Is Newtown Bridle Lands Association Inc a registered 501(c)(3)?
Newtown Bridle Lands Association Inc appears in IRS records (EIN: 223018112). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Newtown Bridle Lands Association Inc file IRS Form 990?
Yes, Newtown Bridle Lands Association Inc has 2 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Newtown Bridle Lands Association Inc's revenue in 2023?
In the 202312 filing period, Newtown Bridle Lands Association Inc reported total revenue of $82,680, total expenses of $8,159, and net assets of $187,704.
Is Newtown Bridle Lands Association Inc's revenue growing or declining?
Newtown Bridle Lands Association Inc's revenue is growing. Revenue went from $3,939 (201112) to $82,680 (202312), a +1999.0% change.
What is Newtown Bridle Lands Association Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Newtown Bridle Lands Association Inc covers tax period 202312. It shows revenue of $82,680, expenses of $8,159, total assets of $187,704, and liabilities of N/A.
How much does Newtown Bridle Lands Association Inc spend on programs vs administration?
Based on IRS 990 analysis, Newtown Bridle Lands Association Inc allocates approximately 10% of expenses to program services, 45% to administrative costs, and 45% to fundraising. Overhead costs appear high relative to program spending.
Is Newtown Bridle Lands Association Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Newtown Bridle Lands Association Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Newtown Bridle Lands Association Inc?
The following concerns were identified: Only 10% of spending is allocated to programs, indicating a low direct impact relative to administrative and fundraising costs.. Significant portion of revenue (45%) is spent on fundraising, which may be inefficient for a local organization.. Lack of detailed program information makes it difficult to understand the organization's actual activities and impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Newtown Bridle Lands Association Inc's strengths?
Positive indicators for Newtown Bridle Lands Association Inc include: Consistent revenue generation, with reported revenue of $82,680 in 2023.. Healthy asset base, with $187,704 in assets reported in 2023.. No reported liabilities, indicating strong financial solvency.. These findings are derived from AI analysis of the organization's financial filings.
How does Newtown Bridle Lands Association Inc compensate executives?
Executive compensation is not detailed in the provided data, making it impossible to assess specific figures. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the low program spending and high administrative/fundraising costs, what specific activities constitute the 'programs' of the Newtown Bridle Lands Association?
The provided data does not detail specific program activities, making it unclear how the 10% program spending is utilized. Further investigation into their operational reports or mission-specific documentation would be needed.
How does the organization justify a 45% fundraising expenditure given its local focus and relatively stable asset base?
The data does not provide a justification for the high fundraising expenditure. It could indicate a strategy to grow the organization, but without further context on fundraising goals and outcomes, it appears disproportionate to program spending.
Filing History
IRS 990 filing history for Newtown Bridle Lands Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2023), Newtown Bridle Lands Association Inc's revenue has grown by 1999%, moving from $4K to $83K. Total assets increased by 235.6% over the same period, from $56K to $188K. Total functional expenses fell by 43.6%, from $14K to $8K. In its most recent filing year (2023), Newtown Bridle Lands Association Inc reported a surplus of $75K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $83K | $8K | $188K | $0 | — | — |
| 2011 | $4K | $14K | $56K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Newtown Bridle Lands Association Inc:
Data Sources and Methodology
This transparency report for Newtown Bridle Lands Association 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.