Starfish Connection Inc
EIN: 262410124 · Stamford, CT · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $79K |
| Total Expenses | $104K |
| Net Assets | $261K |
Is Starfish Connection Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Starfish Connection Inc
Starfish Connection Inc (EIN: 262410124) is a nonprofit organization based in Stamford, CT, classified under NTEE code B99. The organization reported total revenue of $79K and total assets of $199K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Starfish Connection Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Starfish Connection Inc is a micro nonprofit that has been operating for 18 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $104K |
| Surplus / Deficit | $-18,638 |
| Total Assets | $262K |
| Total Liabilities | $716 |
| Net Assets | $261K |
| Operating Margin | -21.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 30.1 months |
Financial Health Grade: B
In 2024, Starfish Connection Inc reported a deficit of $19K with expenses exceeding revenue, holds 30.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2024), Starfish Connection Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +15.1% | +13.1% | -6.4% |
| 2023 | -21.6% | +46.8% | -3.5% |
| 2022 | +23.9% | +36.6% | +24.4% |
| 2020 | -15.1% | -42.5% | +15.2% |
| 2019 | -9.9% | +3.3% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Starfish Connection 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 Starfish Connection 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Starfish Connection Inc
Is Starfish Connection Inc a legitimate charity?
Starfish Connection Inc (EIN: 262410124) is a registered tax-exempt nonprofit based in Connecticut. It has 12 years of IRS 990 filings on record. Total revenue: $79K. No red flags identified. Financial health grade: B.
How does Starfish Connection Inc spend its money?
Starfish Connection Inc reported $79K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Starfish Connection Inc tax-deductible?
Starfish Connection Inc is registered as a tax-exempt nonprofit (EIN: 262410124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Starfish Connection Inc located?
Starfish Connection Inc is headquartered in Stamford, Connecticut and files with the IRS under EIN 262410124. It is classified under NTEE code B99.
How many years of IRS 990 filings does Starfish Connection Inc have?
Starfish Connection 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 $79K in total revenue.
Filing History
IRS 990 filing history for Starfish Connection Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Starfish Connection Inc's revenue has grown by 21.3%, moving from $71K to $86K. Total assets increased by 285.4% over the same period, from $68K to $262K. Total functional expenses rose by 146.1%, from $42K to $104K. In its most recent filing year (2024), Starfish Connection Inc reported a deficit of $19K, with expenses exceeding revenue. The organization holds $716 in liabilities against $262K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $261K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $86K | $104K | $262K | $716 | — | — |
| 2023 | $75K | $92K | $280K | $8K | — | View 990 |
| 2022 | $95K | $63K | $290K | $0 | — | — |
| 2020 | $77K | $46K | $233K | $0 | — | View 990 |
| 2019 | $90K | $80K | $202K | $0 | — | View 990 |
| 2018 | $100K | $78K | $192K | $0 | — | — |
| 2017 | $133K | $93K | $169K | $0 | — | View 990 |
| 2016 | $81K | $81K | $128K | $0 | — | View 990 |
| 2015 | $78K | $71K | $128K | $0 | — | View 990 |
| 2014 | $84K | $49K | $121K | $0 | — | View 990 |
| 2013 | $75K | $56K | $87K | $0 | — | View 990 |
| 2012 | $71K | $42K | $68K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $86K, expenses of $104K, and assets of $262K (revenue +15.1% year-over-year).
- 2023: Revenue of $75K, expenses of $92K, and assets of $280K (revenue -21.6% year-over-year).
- 2022: Revenue of $95K, expenses of $63K, and assets of $290K (revenue +23.9% year-over-year).
- 2020: Revenue of $77K, expenses of $46K, and assets of $233K (revenue -15.1% year-over-year).
- 2019: Revenue of $90K, expenses of $80K, and assets of $202K (revenue -9.9% year-over-year).
- 2018: Revenue of $100K, expenses of $78K, and assets of $192K (revenue -24.8% year-over-year).
- 2017: Revenue of $133K, expenses of $93K, and assets of $169K (revenue +65.6% year-over-year).
- 2016: Revenue of $81K, expenses of $81K, and assets of $128K (revenue +3.3% year-over-year).
- 2015: Revenue of $78K, expenses of $71K, and assets of $128K (revenue -6.8% year-over-year).
- 2014: Revenue of $84K, expenses of $49K, and assets of $121K (revenue +11.2% year-over-year).
- 2013: Revenue of $75K, expenses of $56K, and assets of $87K (revenue +6.5% year-over-year).
- 2012: Revenue of $71K, expenses of $42K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Starfish Connection Inc:
Data Sources and Methodology
This transparency report for Starfish Connection 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.