Norfolk Connecticut Childrens Found Ation Inc
Norfolk Connecticut Childrens Foundation: Declining Revenue, High Administrative Costs
EIN: 222715950 · Norfolk, CT · Updated: 2026-04-04
Is Norfolk Connecticut Childrens Found Ation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norfolk Connecticut Childrens Found Ation Inc
Norfolk Connecticut Childrens Found Ation Inc (EIN: 222715950) is a nonprofit organization based in Norfolk, CT. The organization reported total revenue of $11K and total assets of $279K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norfolk Connecticut Childrens Found Ation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norfolk Connecticut Childrens Found Ation Inc is a micro nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $39K |
| Surplus / Deficit | $-6,292 |
| Total Assets | $277K |
| Total Liabilities | $1 |
| Net Assets | $277K |
| Operating Margin | -19.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 85.1 months |
Financial Health Grade: B
In 2023, Norfolk Connecticut Childrens Found Ation Inc reported a deficit of $6K with expenses exceeding revenue, holds 85.1 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), Norfolk Connecticut Childrens Found Ation Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +64.6% | -8.7% | +2.1% |
| 2022 | +34.1% | +9.0% | -22.2% |
| 2021 | -10.9% | -7.7% | -2.3% |
| 2020 | +42.3% | -7.9% | +3.8% |
| 2019 | -45.6% | +31.7% | +35.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Norfolk Connecticut Childrens Found Ation Inc with a Mission Score of 60 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Norfolk Connecticut Childrens Found Ation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0, which is positive for donor confidence, though the lack of program spending raises questions about the nature of the organization's activities.
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 Norfolk Connecticut Childrens Found Ation Inc's IRS 990 filings:
- Zero program spending reported across all available years (2013-2023), despite significant assets.
- Consistent operating deficits in recent years (e.g., 2023: revenue $32,797, expenses $39,089).
- Declining revenue trend from $21,546 in 2015 to $11,439 in 2023 (current data point, not from filings).
- Assets have decreased from $357,386 in 2020 to $277,299 in 2023.
Strengths
The following positive indicators were identified for Norfolk Connecticut Childrens Found Ation Inc:
- No executive compensation reported, indicating efficient use of funds in that area.
Frequently Asked Questions about Norfolk Connecticut Childrens Found Ation Inc
Is Norfolk Connecticut Childrens Found Ation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Norfolk Connecticut Childrens Found Ation Inc (EIN: 222715950) some concerns. Mission Score: 60/100. 4 red flags identified, 1 strength noted.
How does Norfolk Connecticut Childrens Found Ation Inc spend its money?
Detailed spending breakdown data is not yet available for Norfolk Connecticut Childrens Found Ation Inc. Check back for updated IRS 990 analysis.
Are donations to Norfolk Connecticut Childrens Found Ation Inc tax-deductible?
Norfolk Connecticut Childrens Found Ation Inc is registered as a tax-exempt nonprofit (EIN: 222715950). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Norfolk Connecticut Childrens Found Ation Inc do?
Norfolk Connecticut Childrens Found Ation Inc is a nonprofit organization in the Unknown sector, located in Norfolk, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Norfolk Connecticut Childrens Found Ation Inc have?
Norfolk Connecticut Childrens Found Ation Inc reported total revenue of $11,439. Based on 10 IRS 990 filings on record.
What are Norfolk Connecticut Childrens Found Ation Inc's total assets?
Norfolk Connecticut Childrens Found Ation Inc holds total assets of $279,236 as reported in IRS 990 filings.
Where is Norfolk Connecticut Childrens Found Ation Inc located?
Norfolk Connecticut Childrens Found Ation Inc is based in Norfolk, Connecticut.
What is Norfolk Connecticut Childrens Found Ation Inc's EIN?
Norfolk Connecticut Childrens Found Ation Inc's Employer Identification Number (EIN) is 222715950. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Norfolk Connecticut Childrens Found Ation Inc?
Norfolk Connecticut Childrens Found Ation Inc is classified under NTEE code Unknown (Unknown).
Is Norfolk Connecticut Childrens Found Ation Inc a registered 501(c)(3)?
Norfolk Connecticut Childrens Found Ation Inc appears in IRS records (EIN: 222715950). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Norfolk Connecticut Childrens Found Ation Inc file IRS Form 990?
Yes, Norfolk Connecticut Childrens Found Ation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Norfolk Connecticut Childrens Found Ation Inc's revenue in 2023?
In the 202312 filing period, Norfolk Connecticut Childrens Found Ation Inc reported total revenue of $32,797, total expenses of $39,089, and net assets of $277,299.
Is Norfolk Connecticut Childrens Found Ation Inc's revenue growing or declining?
Norfolk Connecticut Childrens Found Ation Inc's revenue is growing. Revenue went from $19,927 (202212) to $32,797 (202312), a +64.6% change. Based on 10 filings on record.
What is Norfolk Connecticut Childrens Found Ation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Norfolk Connecticut Childrens Found Ation Inc covers tax period 202312. It shows revenue of $32,797, expenses of $39,089, total assets of $277,299, and liabilities of $1.
Is Norfolk Connecticut Childrens Found Ation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Norfolk Connecticut Childrens Found Ation Inc shows mixed signals. Mission Score: 60/100 (Good). 4 red flags identified. 1 strength noted.
What are the red flags for Norfolk Connecticut Childrens Found Ation Inc?
The following concerns were identified: Zero program spending reported across all available years (2013-2023), despite significant assets.. Consistent operating deficits in recent years (e.g., 2023: revenue $32,797, expenses $39,089).. Declining revenue trend from $21,546 in 2015 to $11,439 in 2023 (current data point, not from filings).. Assets have decreased from $357,386 in 2020 to $277,299 in 2023.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Norfolk Connecticut Childrens Found Ation Inc's strengths?
Positive indicators for Norfolk Connecticut Childrens Found Ation Inc include: No executive compensation reported, indicating efficient use of funds in that area.. These findings are derived from AI analysis of the organization's financial filings.
How does Norfolk Connecticut Childrens Found Ation Inc compensate executives?
Executive compensation is consistently reported as $0, which is positive for donor confidence, though the lack of program spending raises questions about the nature of the organization's activities. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program spending and significant administrative expenses, what is the actual charitable purpose or activity of the Norfolk Connecticut Childrens Foundation Inc?
The filings consistently show 0% spending on programs, with all expenses categorized as administrative. This suggests the organization may not be directly engaging in charitable activities or providing services to children, despite its name and accumulated assets.
How does the organization sustain itself with consistent operating deficits and no reported program activities?
The organization appears to be drawing down its assets to cover administrative expenses, as evidenced by the decline in assets from $357,386 in 2020 to $277,299 in 2023, while reporting no program spending and often operating at a deficit.
Filing History
IRS 990 filing history for Norfolk Connecticut Childrens Found Ation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Norfolk Connecticut Childrens Found Ation Inc's revenue has grown by 836.3%, moving from $4K to $33K. Total assets increased by 14% over the same period, from $243K to $277K. Total functional expenses rose by 95.2%, from $20K to $39K. In its most recent filing year (2023), Norfolk Connecticut Childrens Found Ation Inc reported a deficit of $6K, with expenses exceeding revenue. The organization holds $1 in liabilities against $277K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $277K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $39K | $277K | $1 | — | — |
| 2022 | $20K | $43K | $272K | $1 | — | — |
| 2021 | $15K | $39K | $349K | $1 | — | — |
| 2020 | $17K | $43K | $357K | $1 | — | — |
| 2019 | $12K | $46K | $344K | $1 | — | View 990 |
| 2015 | $22K | $35K | $254K | $1 | — | View 990 |
| 2014 | $5K | $41K | $240K | $0 | — | View 990 |
| 2013 | $8K | $30K | $244K | $0 | — | View 990 |
| 2012 | $4K | $21K | $241K | $0 | — | View 990 |
| 2011 | $4K | $20K | $243K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $39K, and assets of $277K (revenue +64.6% year-over-year).
- 2022: Revenue of $20K, expenses of $43K, and assets of $272K (revenue +34.1% year-over-year).
- 2021: Revenue of $15K, expenses of $39K, and assets of $349K (revenue -10.9% year-over-year).
- 2020: Revenue of $17K, expenses of $43K, and assets of $357K (revenue +42.3% year-over-year).
- 2019: Revenue of $12K, expenses of $46K, and assets of $344K (revenue -45.6% year-over-year).
- 2015: Revenue of $22K, expenses of $35K, and assets of $254K (revenue +361.5% year-over-year).
- 2014: Revenue of $5K, expenses of $41K, and assets of $240K (revenue -39.7% year-over-year).
- 2013: Revenue of $8K, expenses of $30K, and assets of $244K (revenue +75.8% year-over-year).
- 2012: Revenue of $4K, expenses of $21K, and assets of $241K (revenue +25.7% year-over-year).
- 2011: Revenue of $4K, expenses of $20K, and assets of $243K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norfolk Connecticut Childrens Found Ation Inc:
Data Sources and Methodology
This transparency report for Norfolk Connecticut Childrens Found Ation 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.