Plumb Hill Playing Fields Inc
Plumb Hill Playing Fields Inc. shows strong financial recovery and growth in 2023 with zero executive compensation.
EIN: 200683691 · Litchfield, CT · NTEE: N11 · Updated: 2026-03-28
Is Plumb Hill Playing Fields Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plumb Hill Playing Fields Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plumb Hill Playing Fields Inc
Plumb Hill Playing Fields Inc (EIN: 200683691) is a nonprofit organization based in Litchfield, CT, classified under NTEE code N11. The organization reported total revenue of $32K and total assets of $452K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plumb Hill Playing Fields Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plumb Hill Playing Fields Inc is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $280K |
| Total Expenses | $170K |
| Surplus / Deficit | +$110K |
| Total Assets | $645K |
| Net Assets | $645K |
| Operating Margin | 39.4% |
| Months of Reserves | 45.6 months |
Financial Health Grade: A
In 2023, Plumb Hill Playing Fields Inc reported a surplus of $110K with revenue exceeding expenses, holds 45.6 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Plumb Hill Playing Fields Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +141.8% | +91.7% | +20.6% |
| 2022 | +28.4% | -10.3% | +5.1% |
| 2021 | -20.5% | -19.0% | -1.5% |
| 2020 | +17.0% | -29.1% | -1.6% |
| 2019 | -6.7% | +8.3% | -12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Plumb Hill Playing Fields Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Plumb Hill Playing Fields Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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:
- The organization reported a surplus of $110K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for an organization 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.
Strengths
The following positive indicators were identified for Plumb Hill Playing Fields Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Zero liabilities reported in all available filings, demonstrating strong financial management and stability.
- Significant revenue growth and positive net income in the most recent filing (202312), with revenue of $279,905 exceeding expenses of $169,568.
- Strong asset base, with assets rebounding to $644,886 in 202312.
- High transparency through consistent IRS 990 filings.
Frequently Asked Questions about Plumb Hill Playing Fields Inc
Is Plumb Hill Playing Fields Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Plumb Hill Playing Fields Inc (EIN: 200683691) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Plumb Hill Playing Fields Inc spend its money?
Plumb Hill Playing Fields Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Plumb Hill Playing Fields Inc tax-deductible?
Plumb Hill Playing Fields Inc is registered as a tax-exempt nonprofit (EIN: 200683691). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Plumb Hill Playing Fields Inc. a good charity?
Based on the provided data, Plumb Hill Playing Fields Inc. appears to be a very good charity. They consistently report 0% officer compensation, have no liabilities, and in their most recent filing (202312), revenue significantly exceeded expenses ($279,905 vs. $169,568), indicating strong financial health and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has shown fluctuations. While assets declined from a peak of $936,920 in 201412 to $508,379 in 202112, the most recent period (202312) shows a strong rebound with assets reaching $644,886 and a significant surplus of revenue over expenses, indicating a positive trend.
What is the organization's approach to executive compensation?
Plumb Hill Playing Fields Inc. has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation across all 13 available filings. This means no salaries are paid to officers, ensuring more funds are available for program services.
Filing History
IRS 990 filing history for Plumb Hill Playing Fields Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Plumb Hill Playing Fields Inc's revenue has grown by 418.3%, moving from $54K to $280K. Total assets decreased by 51.2% over the same period, from $1.3M to $645K. Total functional expenses fell by 7%, from $182K to $170K. In its most recent filing year (2023), Plumb Hill Playing Fields Inc reported a surplus of $110K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $280K | $170K | $645K | $0 | — | — |
| 2022 | $116K | $88K | $535K | $0 | — | View 990 |
| 2021 | $90K | $99K | $508K | $0 | — | — |
| 2020 | $113K | $122K | $516K | $0 | — | — |
| 2019 | $97K | $172K | $524K | $0 | — | View 990 |
| 2018 | $104K | $159K | $599K | $0 | — | View 990 |
| 2017 | $95K | $145K | $654K | $0 | — | View 990 |
| 2016 | $58K | $156K | $705K | $0 | — | View 990 |
| 2015 | $58K | $192K | $803K | $0 | — | View 990 |
| 2014 | $57K | $167K | $937K | $0 | — | View 990 |
| 2013 | $57K | $206K | $1.0M | $0 | — | View 990 |
| 2012 | $58K | $184K | $1.2M | $0 | — | View 990 |
| 2011 | $54K | $182K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $280K, expenses of $170K, and assets of $645K (revenue +141.8% year-over-year).
- 2022: Revenue of $116K, expenses of $88K, and assets of $535K (revenue +28.4% year-over-year).
- 2021: Revenue of $90K, expenses of $99K, and assets of $508K (revenue -20.5% year-over-year).
- 2020: Revenue of $113K, expenses of $122K, and assets of $516K (revenue +17.0% year-over-year).
- 2019: Revenue of $97K, expenses of $172K, and assets of $524K (revenue -6.7% year-over-year).
- 2018: Revenue of $104K, expenses of $159K, and assets of $599K (revenue +9.9% year-over-year).
- 2017: Revenue of $95K, expenses of $145K, and assets of $654K (revenue +61.6% year-over-year).
- 2016: Revenue of $58K, expenses of $156K, and assets of $705K (revenue +0.8% year-over-year).
- 2015: Revenue of $58K, expenses of $192K, and assets of $803K (revenue +1.4% year-over-year).
- 2014: Revenue of $57K, expenses of $167K, and assets of $937K (revenue +0.1% year-over-year).
- 2013: Revenue of $57K, expenses of $206K, and assets of $1.0M (revenue -1.3% year-over-year).
- 2012: Revenue of $58K, expenses of $184K, and assets of $1.2M (revenue +7.3% year-over-year).
- 2011: Revenue of $54K, expenses of $182K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plumb Hill Playing Fields Inc:
Data Sources and Methodology
This transparency report for Plumb Hill Playing Fields 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.