Southport Area Fund
Southport Area Fund: Consistent Growth, Strong Program Focus
EIN: 222599664 · Southport, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $158K |
| Total Expenses | $165K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $20K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Southport Area Fund Form 990, Revenue, CEO Pay, and IRS Filing Signals
Southport Area Fund is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Southport Area Fund in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $178K and expenses of $165K.
Revenue and Expenses
Southport Area Fund reported $178K in revenue and $165K in expenses, a surplus of $13K.
Executive Compensation
Top officer compensation appears as $0 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
85/100 mission score, 0 red flags, and 4 strengths are shown from structured and AI review.
Is Southport Area Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $149K (90%) |
Across stored filings, Southport Area Fund shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 10 stored filing years |
| Peer context | Compare with Teen Center Of Wilton Inc | Connecticut and category context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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Compare with Teen Center Of Wilton Inc →All Connecticut nonprofits
Local and Sector Spokes
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Southport, CT nonprofitsFollow the Money
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Keep the Investigation Moving
Southport Area Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southport Area Fund
Southport Area Fund (EIN: 222599664) is a nonprofit organization based in Southport, CT. The organization reported total revenue of $158K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southport Area Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southport Area Fund is a small nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $178K |
| Total Expenses | $165K |
| Surplus / Deficit | +$13K |
| Total Assets | $20K |
| Total Liabilities | $1 |
| Net Assets | $20K |
| Operating Margin | 7.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1.5 months |
Financial Health Grade: A
In 2024, Southport Area Fund reported a surplus of $13K with revenue exceeding expenses, holds 1.5 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2012–2024), Southport Area Fund's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +18.0% | +10.2% | +194.9% |
| 2023 | +53.1% | +55.2% | +24.9% |
| 2022 | -18.3% | -20.5% | +67.8% |
| 2021 | +51.9% | +50.2% | -19.0% |
| 2020 | +2.3% | +4.1% | -47.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Southport Area Fund 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Southport Area Fund 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-driven leadership or compensation covered by an external entity, which is highly efficient for donor funds.
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 Southport Area Fund:
- Strong program efficiency with a high percentage of expenses dedicated to programs.
- Consistent revenue growth over the past several years, from $98,730 in 2022 to $178,404 in 2024.
- Healthy asset growth, indicating good financial management and increasing capacity.
- Zero reported executive compensation maximizes funds for mission-related activities.
Frequently Asked Questions about Southport Area Fund
Is Southport Area Fund a legitimate charity?
Southport Area Fund (EIN: 222599664) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $158K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Southport Area Fund spend its money?
Southport Area Fund directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Southport Area Fund tax-deductible?
Southport Area Fund is registered as a tax-exempt nonprofit (EIN: 222599664). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Southport Area Fund CEO make?
Southport Area Fund's highest-compensated officer earns $0 annually. The organization reported $158K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Southport Area Fund's spending goes to programs?
Southport Area Fund directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Southport Area Fund located?
Southport Area Fund is headquartered in Southport, Connecticut and files with the IRS under EIN 222599664.
How many years of IRS 990 filings does Southport Area Fund have?
Southport Area Fund has 10 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 $158K in total revenue.
What does Southport Area Fund do?
Southport Area Fund is a nonprofit organization in the Unknown sector, located in Southport, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Southport Area Fund have?
Southport Area Fund reported total revenue of $158,482. Based on 10 IRS 990 filings on record.
What are Southport Area Fund's total assets?
Southport Area Fund holds total assets of $19,966 as reported in IRS 990 filings.
Where is Southport Area Fund located?
Southport Area Fund is based in Southport, Connecticut.
What is Southport Area Fund's EIN?
Southport Area Fund's Employer Identification Number (EIN) is 222599664. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Southport Area Fund?
Southport Area Fund is classified under NTEE code Unknown (Unknown).
Is Southport Area Fund a registered 501(c)(3)?
Southport Area Fund appears in IRS records (EIN: 222599664). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Southport Area Fund file IRS Form 990?
Yes, Southport Area Fund has 10 IRS Form 990 filings on record. The most recent covers tax period 202405.
What was Southport Area Fund's revenue in 2024?
In the 202405 filing period, Southport Area Fund reported total revenue of $178,404, total expenses of $165,205, and net assets of $19,971.
Is Southport Area Fund's revenue growing or declining?
Southport Area Fund's revenue is growing. Revenue went from $151,200 (202305) to $178,404 (202405), a +18.0% change. Based on 10 filings on record.
What is Southport Area Fund's most recent 990 filing?
The most recent IRS Form 990 filing for Southport Area Fund covers tax period 202405. It shows revenue of $178,404, expenses of $165,205, total assets of $19,971, and liabilities of $1.
How much does Southport Area Fund spend on programs vs administration?
Based on IRS 990 analysis, Southport Area Fund allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Southport Area Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, Southport Area Fund appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Southport Area Fund's strengths?
Positive indicators for Southport Area Fund include: Strong program efficiency with a high percentage of expenses dedicated to programs.. Consistent revenue growth over the past several years, from $98,730 in 2022 to $178,404 in 2024.. Healthy asset growth, indicating good financial management and increasing capacity.. Zero reported executive compensation maximizes funds for mission-related activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Southport Area Fund compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-driven leadership or compensation covered by an external entity, which is highly efficient for donor funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported 0% executive compensation, how does the organization sustain its leadership and administrative functions?
The consistent reporting of $0 for executive compensation suggests that leadership roles may be filled by volunteers, or compensation is covered by an affiliated entity or through in-kind donations, which significantly reduces overhead costs for the organization.
What specific programs or initiatives are driving the recent significant increase in revenue and assets?
While the filings show a clear increase in revenue from $98,730 in 2022 to $178,404 in 2024 and assets from $5,424 to $19,971 in the same period, the provided data does not detail specific programs. Further inquiry into their annual reports or website would be needed to identify the drivers of this growth.
Filing History
IRS 990 filing history for Southport Area Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Southport Area Fund's revenue has grown by 176.4%, moving from $65K to $178K. Total assets increased by 296.6% over the same period, from $5K to $20K. Total functional expenses rose by 158.5%, from $64K to $165K. In its most recent filing year (2024), Southport Area Fund reported a surplus of $13K, with revenue exceeding expenses. The organization holds $1 in liabilities against $20K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $20K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $178K | $165K | $20K | $1 | — | — |
| 2023 | $151K | $150K | $7K | $1 | — | — |
| 2022 | $99K | $97K | $5K | $1 | — | View 990 |
| 2021 | $121K | $122K | $3K | $1 | — | View 990 |
| 2020 | $80K | $81K | $4K | $1 | — | — |
| 2016 | $78K | $78K | $8K | $1 | — | View 990 |
| 2015 | $79K | $79K | $8K | $1 | — | View 990 |
| 2014 | $79K | $76K | $7K | $1 | — | View 990 |
| 2013 | $72K | $72K | $5K | $1 | — | View 990 |
| 2012 | $65K | $64K | $5K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $178K, expenses of $165K, and assets of $20K (revenue +18.0% year-over-year).
- 2023: Revenue of $151K, expenses of $150K, and assets of $7K (revenue +53.1% year-over-year).
- 2022: Revenue of $99K, expenses of $97K, and assets of $5K (revenue -18.3% year-over-year).
- 2021: Revenue of $121K, expenses of $122K, and assets of $3K (revenue +51.9% year-over-year).
- 2020: Revenue of $80K, expenses of $81K, and assets of $4K (revenue +2.3% year-over-year).
- 2016: Revenue of $78K, expenses of $78K, and assets of $8K (revenue -2.1% year-over-year).
- 2015: Revenue of $79K, expenses of $79K, and assets of $8K (revenue +0.9% year-over-year).
- 2014: Revenue of $79K, expenses of $76K, and assets of $7K (revenue +9.2% year-over-year).
- 2013: Revenue of $72K, expenses of $72K, and assets of $5K (revenue +11.7% year-over-year).
- 2012: Revenue of $65K, expenses of $64K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southport Area Fund:
Data Sources and Methodology
This transparency report for Southport Area Fund 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.