Portuguese Club Of Hartford Inc
EIN: 60763111 · Newington, CT
Is Portuguese Club Of Hartford Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Portuguese Club Of Hartford Inc
Portuguese Club Of Hartford Inc (EIN: 60763111) is a nonprofit organization based in Newington, CT. The organization reported total revenue of $354K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portuguese Club Of Hartford Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portuguese Club Of Hartford Inc is a small nonprofit that has been operating for 74 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $404K |
| Total Expenses | $387K |
| Surplus / Deficit | +$17K |
| Total Assets | $3.5M |
| Net Assets | $3.5M |
| Operating Margin | 4.3% |
| Months of Reserves | 107.8 months |
Financial Health Grade: A
In 2023, Portuguese Club Of Hartford Inc reported a surplus of $17K with revenue exceeding expenses, holds 107.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Portuguese Club Of Hartford Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +92.0% | +152.2% | +47.6% |
| 2022 | +64.2% | +47.3% | +3.0% |
| 2021 | -22.8% | +146.4% | +2.4% |
| 2020 | +185.6% | -35.7% | +8.3% |
| 2019 | -54.1% | -39.5% | +192.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1952 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Portuguese Club Of Hartford 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 Portuguese Club Of Hartford 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 $17K, with revenue exceeding expenses.
Frequently Asked Questions about Portuguese Club Of Hartford Inc
Is Portuguese Club Of Hartford Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Portuguese Club Of Hartford Inc (EIN: 60763111) insufficient data. 0 red flags identified, 0 strengths noted.
How does Portuguese Club Of Hartford Inc spend its money?
Detailed spending breakdown data is not yet available for Portuguese Club Of Hartford Inc. Check back for updated IRS 990 analysis.
Are donations to Portuguese Club Of Hartford Inc tax-deductible?
Portuguese Club Of Hartford Inc is registered as a tax-exempt nonprofit (EIN: 60763111). 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 Portuguese Club Of Hartford Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Portuguese Club Of Hartford Inc's revenue has grown by 172.8%, moving from $148K to $404K. Total assets increased by 502.2% over the same period, from $577K to $3.5M. Total functional expenses rose by 164.9%, from $146K to $387K. In its most recent filing year (2023), Portuguese Club Of Hartford Inc reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $404K | $387K | $3.5M | $0 | — | — |
| 2022 | $210K | $153K | $2.4M | $3K | — | View 990 |
| 2021 | $128K | $104K | $2.3M | $8K | — | View 990 |
| 2020 | $166K | $42K | $2.2M | $8K | — | — |
| 2019 | $58K | $66K | $2.1M | $20K | — | — |
| 2018 | $127K | $109K | $705K | $46K | — | View 990 |
| 2017 | $176K | $181K | $556K | $23K | — | View 990 |
| 2016 | $190K | $203K | $562K | $24K | — | View 990 |
| 2015 | $163K | $161K | $579K | $28K | — | View 990 |
| 2014 | $150K | $162K | $550K | $0 | — | View 990 |
| 2013 | $168K | $173K | $587K | $0 | — | View 990 |
| 2012 | $142K | $126K | $592K | $0 | — | View 990 |
| 2011 | $148K | $146K | $577K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $404K, expenses of $387K, and assets of $3.5M (revenue +92.0% year-over-year).
- 2022: Revenue of $210K, expenses of $153K, and assets of $2.4M (revenue +64.2% year-over-year).
- 2021: Revenue of $128K, expenses of $104K, and assets of $2.3M (revenue -22.8% year-over-year).
- 2020: Revenue of $166K, expenses of $42K, and assets of $2.2M (revenue +185.6% year-over-year).
- 2019: Revenue of $58K, expenses of $66K, and assets of $2.1M (revenue -54.1% year-over-year).
- 2018: Revenue of $127K, expenses of $109K, and assets of $705K (revenue -28.1% year-over-year).
- 2017: Revenue of $176K, expenses of $181K, and assets of $556K (revenue -7.2% year-over-year).
- 2016: Revenue of $190K, expenses of $203K, and assets of $562K (revenue +16.4% year-over-year).
- 2015: Revenue of $163K, expenses of $161K, and assets of $579K (revenue +9.0% year-over-year).
- 2014: Revenue of $150K, expenses of $162K, and assets of $550K (revenue -10.9% year-over-year).
- 2013: Revenue of $168K, expenses of $173K, and assets of $587K (revenue +18.3% year-over-year).
- 2012: Revenue of $142K, expenses of $126K, and assets of $592K (revenue -4.2% year-over-year).
- 2011: Revenue of $148K, expenses of $146K, and assets of $577K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portuguese Club Of Hartford Inc:
Data Sources and Methodology
This transparency report for Portuguese Club Of Hartford 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.