Utopia & Queen Of Sheba Benevolent
EIN: 61517636 · Hartford, CT · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $79K |
| Net Assets | $1.3M |
Is Utopia & Queen Of Sheba Benevolent Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Utopia & Queen Of Sheba Benevolent
Utopia & Queen Of Sheba Benevolent (EIN: 61517636) is a nonprofit organization based in Hartford, CT, classified under NTEE code T30. The organization reported total revenue of $69K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Utopia & Queen Of Sheba Benevolent's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Utopia & Queen Of Sheba Benevolent is a micro nonprofit that has been operating for 28 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $79K |
| Surplus / Deficit | $-49,297 |
| Total Assets | $1.3M |
| Total Liabilities | $65K |
| Net Assets | $1.3M |
| Operating Margin | -164.4% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 200.1 months |
Financial Health Grade: B
In 2023, Utopia & Queen Of Sheba Benevolent reported a deficit of $49K with expenses exceeding revenue, holds 200.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Utopia & Queen Of Sheba Benevolent's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.6% | +194.4% | -5.6% |
| 2022 | -27.7% | +3.1% | +2.4% |
| 2021 | +44.3% | +6.4% | +578.3% |
| 2020 | -43.0% | -24.2% | -4.1% |
| 2018 | -5.3% | -18.2% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Utopia & Queen Of Sheba Benevolent 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 Utopia & Queen Of Sheba Benevolent 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 deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.9%.
Frequently Asked Questions about Utopia & Queen Of Sheba Benevolent
Is Utopia & Queen Of Sheba Benevolent a legitimate charity?
Utopia & Queen Of Sheba Benevolent (EIN: 61517636) is a registered tax-exempt nonprofit based in Connecticut. It has 12 years of IRS 990 filings on record. Total revenue: $69K. No red flags identified. Financial health grade: B.
How does Utopia & Queen Of Sheba Benevolent spend its money?
Utopia & Queen Of Sheba Benevolent reported $69K 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 Utopia & Queen Of Sheba Benevolent tax-deductible?
Utopia & Queen Of Sheba Benevolent is registered as a tax-exempt nonprofit (EIN: 61517636). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Utopia & Queen Of Sheba Benevolent located?
Utopia & Queen Of Sheba Benevolent is headquartered in Hartford, Connecticut and files with the IRS under EIN 61517636. It is classified under NTEE code T30.
How many years of IRS 990 filings does Utopia & Queen Of Sheba Benevolent have?
Utopia & Queen Of Sheba Benevolent 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 $69K in total revenue.
Filing History
IRS 990 filing history for Utopia & Queen Of Sheba Benevolent showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Utopia & Queen Of Sheba Benevolent's revenue has declined by 57.7%, moving from $71K to $30K. Total assets increased by 573.6% over the same period, from $196K to $1.3M. Total functional expenses rose by 113.4%, from $37K to $79K. In its most recent filing year (2023), Utopia & Queen Of Sheba Benevolent reported a deficit of $49K, with expenses exceeding revenue. The organization holds $65K in liabilities against $1.3M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $79K | $1.3M | $65K | — | — |
| 2022 | $22K | $27K | $1.4M | $67K | — | — |
| 2021 | $30K | $26K | $1.4M | $3K | — | — |
| 2020 | $21K | $25K | $202K | $80K | — | View 990 |
| 2018 | $37K | $32K | $210K | $89K | — | — |
| 2017 | $39K | $40K | $200K | $83K | — | View 990 |
| 2016 | $41K | $31K | $200K | $83K | — | View 990 |
| 2015 | $46K | $24K | $188K | $81K | — | View 990 |
| 2014 | $53K | $44K | $181K | $96K | — | View 990 |
| 2013 | $43K | $42K | $194K | $118K | — | View 990 |
| 2012 | $50K | $53K | $202K | $125K | — | View 990 |
| 2011 | $71K | $37K | $196K | $135K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $79K, and assets of $1.3M (revenue +37.6% year-over-year).
- 2022: Revenue of $22K, expenses of $27K, and assets of $1.4M (revenue -27.7% year-over-year).
- 2021: Revenue of $30K, expenses of $26K, and assets of $1.4M (revenue +44.3% year-over-year).
- 2020: Revenue of $21K, expenses of $25K, and assets of $202K (revenue -43.0% year-over-year).
- 2018: Revenue of $37K, expenses of $32K, and assets of $210K (revenue -5.3% year-over-year).
- 2017: Revenue of $39K, expenses of $40K, and assets of $200K (revenue -6.4% year-over-year).
- 2016: Revenue of $41K, expenses of $31K, and assets of $200K (revenue -10.4% year-over-year).
- 2015: Revenue of $46K, expenses of $24K, and assets of $188K (revenue -12.0% year-over-year).
- 2014: Revenue of $53K, expenses of $44K, and assets of $181K (revenue +23.1% year-over-year).
- 2013: Revenue of $43K, expenses of $42K, and assets of $194K (revenue -15.2% year-over-year).
- 2012: Revenue of $50K, expenses of $53K, and assets of $202K (revenue -29.0% year-over-year).
- 2011: Revenue of $71K, expenses of $37K, and assets of $196K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Utopia & Queen Of Sheba Benevolent:
Data Sources and Methodology
This transparency report for Utopia & Queen Of Sheba Benevolent 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.