Safe Futures Inc
EIN: 60950718 · New London, CT · NTEE: P43Z
Is Safe Futures Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Safe Futures Inc
Safe Futures Inc (EIN: 60950718) is a nonprofit organization based in New London, CT, classified under NTEE code P43Z. The organization reported total revenue of $4.0M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Safe Futures Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Safe Futures 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 Safe Futures 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.
Frequently Asked Questions about Safe Futures Inc
Is Safe Futures Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Safe Futures Inc (EIN: 60950718) insufficient data. 0 red flags identified, 0 strengths noted.
How does Safe Futures Inc spend its money?
Detailed spending breakdown data is not yet available for Safe Futures Inc. Check back for updated IRS 990 analysis.
Are donations to Safe Futures Inc tax-deductible?
Safe Futures Inc is registered as a tax-exempt nonprofit (EIN: 60950718). 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 Safe Futures Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Safe Futures Inc's revenue has grown by 73.8%, moving from $1.7M to $2.9M. Total assets increased by 255% over the same period, from $1.8M to $6.3M. Total functional expenses rose by 114.7%, from $1.6M to $3.5M. In its most recent filing year (2023), Safe Futures Inc reported a deficit of $657K, with expenses exceeding revenue. The organization holds $2.8M in liabilities against $6.3M in assets (debt-to-asset ratio: 45.1%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $3.5M | $6.3M | $2.8M | — | — |
| 2022 | $3.2M | $3.2M | $4.9M | $831K | — | View 990 |
| 2021 | $3.1M | $3.1M | $4.5M | $383K | — | View 990 |
| 2020 | $3.2M | $2.8M | $4.4M | $381K | — | View 990 |
| 2019 | $3.3M | $2.3M | $3.9M | $269K | — | View 990 |
| 2018 | $2.3M | $2.1M | $2.8M | $244K | — | View 990 |
| 2017 | $2.4M | $2.0M | $2.6M | $371K | — | View 990 |
| 2016 | $2.2M | $1.9M | $2.2M | $387K | — | View 990 |
| 2015 | $2.0M | $1.9M | $2.0M | $389K | — | View 990 |
| 2014 | $2.0M | $1.8M | $1.9M | $383K | — | View 990 |
| 2013 | $1.7M | $1.8M | $1.7M | $389K | — | View 990 |
| 2012 | $1.7M | $1.7M | $1.7M | $373K | — | View 990 |
| 2011 | $1.7M | $1.6M | $1.8M | $392K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $3.5M, and assets of $6.3M (revenue -11.6% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.2M, and assets of $4.9M (revenue +5.7% year-over-year).
- 2021: Revenue of $3.1M, expenses of $3.1M, and assets of $4.5M (revenue -5.3% year-over-year).
- 2020: Revenue of $3.2M, expenses of $2.8M, and assets of $4.4M (revenue -2.5% year-over-year).
- 2019: Revenue of $3.3M, expenses of $2.3M, and assets of $3.9M (revenue +44.8% year-over-year).
- 2018: Revenue of $2.3M, expenses of $2.1M, and assets of $2.8M (revenue -3.3% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.0M, and assets of $2.6M (revenue +9.6% year-over-year).
- 2016: Revenue of $2.2M, expenses of $1.9M, and assets of $2.2M (revenue +9.8% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.9M, and assets of $2.0M (revenue -2.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.8M, and assets of $1.9M (revenue +17.1% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.8M, and assets of $1.7M (revenue +1.3% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $1.7M (revenue +3.5% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $1.8M.
Data Sources and Methodology
This transparency report for Safe Futures 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.