Staying Put In New Canaan Inc
Staying Put In New Canaan Inc shows consistent asset growth and zero officer compensation over a decade.
EIN: 208465004 · New Canaan, CT · NTEE: P80 · Updated: 2026-03-28
Is Staying Put In New Canaan Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Staying Put In New Canaan Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Staying Put In New Canaan Inc
Staying Put In New Canaan Inc (EIN: 208465004) is a nonprofit organization based in New Canaan, CT, classified under NTEE code P80. The organization reported total revenue of $472K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Staying Put In New Canaan Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Staying Put In New Canaan Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $407K |
| Total Expenses | $382K |
| Surplus / Deficit | +$25K |
| Total Assets | $1.3M |
| Total Liabilities | $10K |
| Net Assets | $1.3M |
| Operating Margin | 6.2% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 41.7 months |
Financial Health Grade: A
In 2023, Staying Put In New Canaan Inc reported a surplus of $25K with revenue exceeding expenses, holds 41.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Staying Put In New Canaan Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.1% | -1.7% | +8.7% |
| 2022 | -6.2% | -4.9% | -14.3% |
| 2021 | +2.6% | +12.6% | +12.3% |
| 2020 | +21.9% | +2.3% | +9.2% |
| 2019 | -12.1% | +0.7% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Staying Put In New Canaan Inc with a Mission Score of 95 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, Staying Put In New Canaan 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 surplus of $25K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Staying Put In New Canaan Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
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 Staying Put In New Canaan Inc:
- Consistent 0% officer compensation, indicating high efficiency and mission focus.
- Steady growth in assets, from $974,745 in 2014 to $1,832,223 currently.
- Low and stable liabilities over the past decade, demonstrating financial prudence.
- Consistent revenue generation, with the latest reported revenue at $471,651.
- Long history of IRS 990 filings (14 periods), indicating strong transparency and compliance.
Frequently Asked Questions about Staying Put In New Canaan Inc
Is Staying Put In New Canaan Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Staying Put In New Canaan Inc (EIN: 208465004) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Staying Put In New Canaan Inc spend its money?
Staying Put In New Canaan Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Staying Put In New Canaan Inc tax-deductible?
Staying Put In New Canaan Inc is registered as a tax-exempt nonprofit (EIN: 208465004). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Staying Put In New Canaan Inc a good charity?
Based on the provided data, Staying Put In New Canaan Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by reporting 0% officer compensation over many years.
How has Staying Put In New Canaan Inc's financial health changed over time?
Staying Put In New Canaan Inc has shown consistent financial growth. Its assets have nearly doubled from $974,745 in 2014 to $1,832,223 currently, and revenue has generally trended upwards, indicating stable and improving financial health.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly conservative, with 0% officer compensation reported across all 14 available filings. This means no funds are used for executive salaries, directing more resources to its mission.
Filing History
IRS 990 filing history for Staying Put In New Canaan Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Staying Put In New Canaan Inc's revenue has grown by 33%, moving from $306K to $407K. Total assets increased by 181.8% over the same period, from $471K to $1.3M. Total functional expenses rose by 92.2%, from $199K to $382K. In its most recent filing year (2023), Staying Put In New Canaan Inc reported a surplus of $25K, with revenue exceeding expenses. The organization holds $10K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $407K | $382K | $1.3M | $10K | — | View 990 |
| 2022 | $363K | $388K | $1.2M | $15K | — | View 990 |
| 2021 | $387K | $408K | $1.4M | $9K | — | View 990 |
| 2020 | $377K | $363K | $1.3M | $59K | — | View 990 |
| 2019 | $309K | $355K | $1.2M | $17K | — | View 990 |
| 2018 | $352K | $352K | $1.2M | $19K | — | View 990 |
| 2017 | $316K | $303K | $1.1M | $15K | — | View 990 |
| 2016 | $317K | $306K | $1.0M | $17K | — | View 990 |
| 2015 | $325K | $284K | $1.0M | $9K | — | View 990 |
| 2014 | $418K | $272K | $975K | $5K | — | View 990 |
| 2013 | $339K | $236K | $802K | $5K | — | View 990 |
| 2012 | $378K | $218K | $697K | $11K | — | View 990 |
| 2011 | $167K | $113K | $528K | $5K | — | View 990 |
| 2010 | $306K | $199K | $471K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $407K, expenses of $382K, and assets of $1.3M (revenue +12.1% year-over-year).
- 2022: Revenue of $363K, expenses of $388K, and assets of $1.2M (revenue -6.2% year-over-year).
- 2021: Revenue of $387K, expenses of $408K, and assets of $1.4M (revenue +2.6% year-over-year).
- 2020: Revenue of $377K, expenses of $363K, and assets of $1.3M (revenue +21.9% year-over-year).
- 2019: Revenue of $309K, expenses of $355K, and assets of $1.2M (revenue -12.1% year-over-year).
- 2018: Revenue of $352K, expenses of $352K, and assets of $1.2M (revenue +11.5% year-over-year).
- 2017: Revenue of $316K, expenses of $303K, and assets of $1.1M (revenue -0.2% year-over-year).
- 2016: Revenue of $317K, expenses of $306K, and assets of $1.0M (revenue -2.6% year-over-year).
- 2015: Revenue of $325K, expenses of $284K, and assets of $1.0M (revenue -22.1% year-over-year).
- 2014: Revenue of $418K, expenses of $272K, and assets of $975K (revenue +23.3% year-over-year).
- 2013: Revenue of $339K, expenses of $236K, and assets of $802K (revenue -10.5% year-over-year).
- 2012: Revenue of $378K, expenses of $218K, and assets of $697K (revenue +126.3% year-over-year).
- 2011: Revenue of $167K, expenses of $113K, and assets of $528K (revenue -45.3% year-over-year).
- 2010: Revenue of $306K, expenses of $199K, and assets of $471K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Staying Put In New Canaan Inc:
Data Sources and Methodology
This transparency report for Staying Put In New Canaan 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.