Norwalk Community Benefit Fund Inc
EIN: 364732208 · Norwalk, CT · NTEE: M20
| Metric | Value |
|---|---|
| Total Revenue | $95K |
| Total Expenses | $113K |
| Net Assets | $40K |
Is Norwalk Community Benefit Fund Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Norwalk Community Benefit Fund Inc
Norwalk Community Benefit Fund Inc (EIN: 364732208) is a nonprofit organization based in Norwalk, CT, classified under NTEE code M20. The organization reported total revenue of $95K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Norwalk Community Benefit Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Norwalk Community Benefit Fund Inc is a micro nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $113K |
| Surplus / Deficit | +$10K |
| Total Assets | $40K |
| Net Assets | $40K |
| Operating Margin | 7.8% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Norwalk Community Benefit Fund Inc reported a surplus of $10K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2012–2023), Norwalk Community Benefit Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2122.4% | +944.0% | +31.0% |
| 2022 | +78571.4% | +918.5% | -14.7% |
| 2021 | -100.0% | -98.7% | -2.8% |
| 2020 | +23.9% | +28.0% | -1.5% |
| 2019 | +171.9% | +148.6% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Norwalk Community Benefit Fund 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 Norwalk Community Benefit Fund 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 $10K, with revenue exceeding expenses.
Frequently Asked Questions about Norwalk Community Benefit Fund Inc
Is Norwalk Community Benefit Fund Inc a legitimate charity?
Norwalk Community Benefit Fund Inc (EIN: 364732208) is a registered tax-exempt nonprofit based in Connecticut. It has 12 years of IRS 990 filings on record. Total revenue: $95K. No red flags identified. Financial health grade: A.
How does Norwalk Community Benefit Fund Inc spend its money?
Norwalk Community Benefit Fund Inc reported $95K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Norwalk Community Benefit Fund Inc tax-deductible?
Norwalk Community Benefit Fund Inc is registered as a tax-exempt nonprofit (EIN: 364732208). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Norwalk Community Benefit Fund Inc located?
Norwalk Community Benefit Fund Inc is headquartered in Norwalk, Connecticut and files with the IRS under EIN 364732208. It is classified under NTEE code M20.
How many years of IRS 990 filings does Norwalk Community Benefit Fund Inc have?
Norwalk Community Benefit Fund Inc has 12 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 $95K in total revenue.
Filing History
IRS 990 filing history for Norwalk Community Benefit Fund Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Norwalk Community Benefit Fund Inc's revenue has grown by 180.8%, moving from $44K to $122K. Total assets increased by 79.1% over the same period, from $23K to $40K. Total functional expenses rose by 437.2%, from $21K to $113K. In its most recent filing year (2023), Norwalk Community Benefit Fund Inc reported a surplus of $10K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $113K | $40K | $0 | — | — |
| 2022 | $6K | $11K | $31K | $0 | — | View 990 |
| 2021 | $7 | $1K | $36K | $0 | — | View 990 |
| 2020 | $81K | $82K | $37K | $0 | — | View 990 |
| 2019 | $65K | $64K | $38K | $0 | — | View 990 |
| 2018 | $24K | $26K | $36K | $0 | — | View 990 |
| 2017 | $74K | $55K | $38K | $0 | — | View 990 |
| 2016 | $38K | $51K | $18K | $0 | — | View 990 |
| 2015 | $35K | $31K | $32K | $0 | — | View 990 |
| 2014 | $23K | $28K | $28K | $0 | — | View 990 |
| 2013 | $21K | $33K | $32K | $0 | — | View 990 |
| 2012 | $44K | $21K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $113K, and assets of $40K (revenue +2122.4% year-over-year).
- 2022: Revenue of $6K, expenses of $11K, and assets of $31K (revenue +78571.4% year-over-year).
- 2021: Revenue of $7, expenses of $1K, and assets of $36K (revenue -100.0% year-over-year).
- 2020: Revenue of $81K, expenses of $82K, and assets of $37K (revenue +23.9% year-over-year).
- 2019: Revenue of $65K, expenses of $64K, and assets of $38K (revenue +171.9% year-over-year).
- 2018: Revenue of $24K, expenses of $26K, and assets of $36K (revenue -67.7% year-over-year).
- 2017: Revenue of $74K, expenses of $55K, and assets of $38K (revenue +97.4% year-over-year).
- 2016: Revenue of $38K, expenses of $51K, and assets of $18K (revenue +7.4% year-over-year).
- 2015: Revenue of $35K, expenses of $31K, and assets of $32K (revenue +52.3% year-over-year).
- 2014: Revenue of $23K, expenses of $28K, and assets of $28K (revenue +12.3% year-over-year).
- 2013: Revenue of $21K, expenses of $33K, and assets of $32K (revenue -52.9% year-over-year).
- 2012: Revenue of $44K, expenses of $21K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Norwalk Community Benefit Fund Inc:
Data Sources and Methodology
This transparency report for Norwalk Community Benefit Fund 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.