Southern Connecticut Chinese School Inc
Southern Connecticut Chinese School Inc. maintains stable assets despite declining revenue and operates with no reported officer compensation.
EIN: 204180579 · New Haven, CT · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $102K |
| Program Spending | 90% |
| Net Assets | $319K |
| Transparency Score | 85/100 |
Is Southern Connecticut Chinese School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southern Connecticut Chinese School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southern Connecticut Chinese School Inc
Southern Connecticut Chinese School Inc (EIN: 204180579) is a nonprofit organization based in New Haven, CT, classified under NTEE code B24. The organization reported total revenue of $105K and total assets of $314K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southern Connecticut Chinese School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southern Connecticut Chinese School Inc is a small nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $88K |
| Total Expenses | $102K |
| Surplus / Deficit | $-14,193 |
| Total Assets | $319K |
| Total Liabilities | $548 |
| Net Assets | $319K |
| Operating Margin | -16.1% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 37.5 months |
Financial Health Grade: B
In 2023, Southern Connecticut Chinese School Inc reported a deficit of $14K with expenses exceeding revenue, holds 37.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Southern Connecticut Chinese School Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.0% | -4.4% | -3.5% |
| 2022 | -38.8% | -41.6% | +17.8% |
| 2021 | -3.8% | -14.4% | +12.9% |
| 2019 | -17.6% | +5.6% | -6.8% |
| 2018 | -1.6% | -7.7% | +11.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
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 Southern Connecticut Chinese School Inc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Southern Connecticut Chinese School Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led executive team, which is highly efficient and directs more funds towards its mission.
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.
Red Flags
The following concerns were identified during AI analysis of Southern Connecticut Chinese School Inc's IRS 990 filings:
- Significant decline in revenue from $242,543 in 2017 to $88,044 in 2023, which could impact long-term sustainability if not reversed.
- Expenses exceeded revenue in the 202306 period ($102,237 expenses vs. $88,044 revenue), leading to a deficit for that year.
Strengths
The following positive indicators were identified for Southern Connecticut Chinese School Inc:
- Consistent financial reporting with 12 IRS 990 filings, indicating strong transparency.
- Zero reported officer compensation across all filings, demonstrating highly efficient use of funds and volunteer leadership.
- Healthy asset base of $319,473 in 2023, providing a strong financial cushion.
- Low liabilities throughout its history, indicating good financial management and minimal debt.
Frequently Asked Questions about Southern Connecticut Chinese School Inc
Is Southern Connecticut Chinese School Inc a legitimate charity?
Southern Connecticut Chinese School Inc (EIN: 204180579) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $105K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Southern Connecticut Chinese School Inc spend its money?
Southern Connecticut Chinese School Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Southern Connecticut Chinese School Inc tax-deductible?
Southern Connecticut Chinese School Inc is registered as a tax-exempt nonprofit (EIN: 204180579). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Southern Connecticut Chinese School Inc's spending goes to programs?
Southern Connecticut Chinese School Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southern Connecticut Chinese School Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Southern Connecticut Chinese School Inc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southern Connecticut Chinese School Inc located?
Southern Connecticut Chinese School Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 204180579. It is classified under NTEE code B24.
How many years of IRS 990 filings does Southern Connecticut Chinese School Inc have?
Southern Connecticut Chinese School 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 $105K in total revenue.
Is Southern Connecticut Chinese School Inc. financially stable?
Yes, the organization appears financially stable with assets of $319,473 in 2023, significantly exceeding its latest annual revenue of $88,044 and maintaining low liabilities.
Why has the organization's revenue declined significantly since 2017?
Revenue has decreased from $242,543 in 2017 to $88,044 in 2023. The IRS 990 data alone does not specify the reasons for this decline, but it is a notable trend that could impact future operations.
How efficient is Southern Connecticut Chinese School Inc. with its spending?
The organization demonstrates high spending efficiency, particularly by reporting 0% officer compensation across all filings, suggesting a very high proportion of expenses are directed towards program services and minimal administrative overhead.
Filing History
IRS 990 filing history for Southern Connecticut Chinese School Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Southern Connecticut Chinese School Inc's revenue has declined by 49%, moving from $173K to $88K. Total assets increased by 171.9% over the same period, from $117K to $319K. Total functional expenses fell by 26.9%, from $140K to $102K. In its most recent filing year (2023), Southern Connecticut Chinese School Inc reported a deficit of $14K, with expenses exceeding revenue. The organization holds $548 in liabilities against $319K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $319K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $88K | $102K | $319K | $548 | — | View 990 |
| 2022 | $116K | $107K | $331K | $6K | — | View 990 |
| 2021 | $189K | $183K | $281K | $369 | — | — |
| 2019 | $197K | $214K | $249K | $13K | — | View 990 |
| 2018 | $239K | $203K | $267K | $14K | — | View 990 |
| 2017 | $243K | $220K | $239K | $19K | — | View 990 |
| 2016 | $220K | $213K | $221K | $24K | — | View 990 |
| 2015 | $205K | $202K | $195K | $4K | — | View 990 |
| 2014 | $223K | $189K | $221K | $31K | — | View 990 |
| 2013 | $226K | $191K | $161K | $22K | — | View 990 |
| 2012 | $216K | $158K | $149K | $23K | — | View 990 |
| 2011 | $173K | $140K | $117K | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $88K, expenses of $102K, and assets of $319K (revenue -24.0% year-over-year).
- 2022: Revenue of $116K, expenses of $107K, and assets of $331K (revenue -38.8% year-over-year).
- 2021: Revenue of $189K, expenses of $183K, and assets of $281K (revenue -3.8% year-over-year).
- 2019: Revenue of $197K, expenses of $214K, and assets of $249K (revenue -17.6% year-over-year).
- 2018: Revenue of $239K, expenses of $203K, and assets of $267K (revenue -1.6% year-over-year).
- 2017: Revenue of $243K, expenses of $220K, and assets of $239K (revenue +10.4% year-over-year).
- 2016: Revenue of $220K, expenses of $213K, and assets of $221K (revenue +7.4% year-over-year).
- 2015: Revenue of $205K, expenses of $202K, and assets of $195K (revenue -8.4% year-over-year).
- 2014: Revenue of $223K, expenses of $189K, and assets of $221K (revenue -1.2% year-over-year).
- 2013: Revenue of $226K, expenses of $191K, and assets of $161K (revenue +4.7% year-over-year).
- 2012: Revenue of $216K, expenses of $158K, and assets of $149K (revenue +25.1% year-over-year).
- 2011: Revenue of $173K, expenses of $140K, and assets of $117K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southern Connecticut Chinese School Inc:
Data Sources and Methodology
This transparency report for Southern Connecticut Chinese School 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.