Sunny Reach Property Owners Association Inc
EIN: 237050682 · West Hartford, CT · NTEE: S22
| Metric | Value |
|---|---|
| Total Revenue | $134K |
| Total Expenses | $38K |
| Net Assets | $228K |
Is Sunny Reach Property Owners Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sunny Reach Property Owners Association Inc
Sunny Reach Property Owners Association Inc (EIN: 237050682) is a nonprofit organization based in West Hartford, CT, classified under NTEE code S22. The organization reported total revenue of $134K and total assets of $313K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sunny Reach Property Owners Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sunny Reach Property Owners Association Inc is a small nonprofit that has been operating for 14 years, with 2 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $38K |
| Surplus / Deficit | +$30K |
| Total Assets | $228K |
| Net Assets | $228K |
| Operating Margin | 43.8% |
| Months of Reserves | 72.0 months |
Financial Health Grade: A
In 2023, Sunny Reach Property Owners Association Inc reported a surplus of $30K with revenue exceeding expenses, holds 72.0 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2011–2023), Sunny Reach Property Owners Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +238.7% | +90.1% | +84.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sunny Reach Property Owners Association 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 Sunny Reach Property Owners Association 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $30K, with revenue exceeding expenses.
Frequently Asked Questions about Sunny Reach Property Owners Association Inc
Is Sunny Reach Property Owners Association Inc a legitimate charity?
Sunny Reach Property Owners Association Inc (EIN: 237050682) is a registered tax-exempt nonprofit based in Connecticut. It has 2 years of IRS 990 filings on record. Total revenue: $134K. No red flags identified. Financial health grade: A.
How does Sunny Reach Property Owners Association Inc spend its money?
Sunny Reach Property Owners Association Inc reported $134K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sunny Reach Property Owners Association Inc tax-deductible?
Sunny Reach Property Owners Association Inc is registered as a tax-exempt nonprofit (EIN: 237050682). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sunny Reach Property Owners Association Inc located?
Sunny Reach Property Owners Association Inc is headquartered in West Hartford, Connecticut and files with the IRS under EIN 237050682. It is classified under NTEE code S22.
How many years of IRS 990 filings does Sunny Reach Property Owners Association Inc have?
Sunny Reach Property Owners Association Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $134K in total revenue.
Filing History
IRS 990 filing history for Sunny Reach Property Owners Association Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2023), Sunny Reach Property Owners Association Inc's revenue has grown by 238.7%, moving from $20K to $67K. Total assets increased by 84.7% over the same period, from $123K to $228K. Total functional expenses rose by 90.1%, from $20K to $38K. In its most recent filing year (2023), Sunny Reach Property Owners Association Inc reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $38K | $228K | $0 | — | — |
| 2011 | $20K | $20K | $123K | $112K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sunny Reach Property Owners Association Inc:
Data Sources and Methodology
This transparency report for Sunny Reach Property Owners Association 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.