Society Of Nepalese In America
EIN: 454753056 · Branford, CT · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $42K |
| Total Expenses | $86K |
| Net Assets | $39K |
Is Society Of Nepalese In America Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Society Of Nepalese In America
Society Of Nepalese In America (EIN: 454753056) is a nonprofit organization based in Branford, CT, classified under NTEE code B60. The organization reported total revenue of $42K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Society Of Nepalese In America's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Society Of Nepalese In America is a micro nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $86K |
| Surplus / Deficit | $-5,232 |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | -6.4% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2023, Society Of Nepalese In America reported a deficit of $5K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate).
Financial Trends
Over 8 years of filings (2015–2023), Society Of Nepalese In America's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +237.8% | +473.0% | -11.8% |
| 2022 | +297.2% | +890.3% | +25.2% |
| 2021 | -65.3% | -93.3% | +14.6% |
| 2020 | +16.9% | +42.3% | -14.8% |
| 2019 | -12.7% | +69.0% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Society Of Nepalese In America 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 Society Of Nepalese In America 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 deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Society Of Nepalese In America
Is Society Of Nepalese In America a legitimate charity?
Society Of Nepalese In America (EIN: 454753056) is a registered tax-exempt nonprofit based in Connecticut. It has 8 years of IRS 990 filings on record. Total revenue: $42K. No red flags identified. Financial health grade: B.
How does Society Of Nepalese In America spend its money?
Society Of Nepalese In America reported $42K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Society Of Nepalese In America tax-deductible?
Society Of Nepalese In America is registered as a tax-exempt nonprofit (EIN: 454753056). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Society Of Nepalese In America located?
Society Of Nepalese In America is headquartered in Branford, Connecticut and files with the IRS under EIN 454753056. It is classified under NTEE code B60.
How many years of IRS 990 filings does Society Of Nepalese In America have?
Society Of Nepalese In America has 8 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 $42K in total revenue.
Filing History
IRS 990 filing history for Society Of Nepalese In America showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2023), Society Of Nepalese In America's revenue has declined by 14.5%, moving from $95K to $81K. Total assets increased by 26.2% over the same period, from $31K to $39K. Total functional expenses rose by 6.3%, from $81K to $86K. In its most recent filing year (2023), Society Of Nepalese In America reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $86K | $39K | $0 | — | — |
| 2022 | $24K | $15K | $44K | $0 | — | View 990 |
| 2021 | $6K | $2K | $35K | $0 | — | — |
| 2020 | $17K | $23K | $31K | $0 | — | View 990 |
| 2019 | $15K | $16K | $36K | $0 | — | View 990 |
| 2018 | $17K | $9K | $37K | $0 | — | View 990 |
| 2016 | $14K | $17K | $28K | $0 | — | View 990 |
| 2015 | $95K | $81K | $31K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $86K, and assets of $39K (revenue +237.8% year-over-year).
- 2022: Revenue of $24K, expenses of $15K, and assets of $44K (revenue +297.2% year-over-year).
- 2021: Revenue of $6K, expenses of $2K, and assets of $35K (revenue -65.3% year-over-year).
- 2020: Revenue of $17K, expenses of $23K, and assets of $31K (revenue +16.9% year-over-year).
- 2019: Revenue of $15K, expenses of $16K, and assets of $36K (revenue -12.7% year-over-year).
- 2018: Revenue of $17K, expenses of $9K, and assets of $37K (revenue +24.6% year-over-year).
- 2016: Revenue of $14K, expenses of $17K, and assets of $28K (revenue -85.6% year-over-year).
- 2015: Revenue of $95K, expenses of $81K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Society Of Nepalese In America:
Data Sources and Methodology
This transparency report for Society Of Nepalese In America 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.