Walter Hubbard Tr U Para 31
EIN: 66035777 · Waterbury, CT
| Metric | Value |
|---|---|
| Total Revenue | $32K |
| Total Expenses | $22K |
| Net Assets | $230K |
Is Walter Hubbard Tr U Para 31 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Walter Hubbard Tr U Para 31
Walter Hubbard Tr U Para 31 (EIN: 66035777) is a nonprofit organization based in Waterbury, CT. The organization reported total revenue of $32K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walter Hubbard Tr U Para 31's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walter Hubbard Tr U Para 31 is a micro nonprofit, with 4 years of IRS 990 filings on record (2021–2024). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $22K |
| Surplus / Deficit | $-4,190 |
| Total Assets | $230K |
| Total Liabilities | $1 |
| Net Assets | $230K |
| Operating Margin | -23.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 127.1 months |
Financial Health Grade: B
In 2024, Walter Hubbard Tr U Para 31 reported a deficit of $4K with expenses exceeding revenue, holds 127.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2021–2024), Walter Hubbard Tr U Para 31's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -0.9% | -13.3% | -1.8% |
| 2023 | -39.8% | -19.4% | -3.1% |
| 2022 | +62.9% | +77.2% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Walter Hubbard Tr U Para 31 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 Walter Hubbard Tr U Para 31 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Walter Hubbard Tr U Para 31
Is Walter Hubbard Tr U Para 31 a legitimate charity?
Walter Hubbard Tr U Para 31 (EIN: 66035777) is a registered tax-exempt nonprofit based in Connecticut. It has 4 years of IRS 990 filings on record. Total revenue: $32K. No red flags identified. Financial health grade: B.
How does Walter Hubbard Tr U Para 31 spend its money?
Walter Hubbard Tr U Para 31 reported $32K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Walter Hubbard Tr U Para 31 tax-deductible?
Walter Hubbard Tr U Para 31 is registered as a tax-exempt nonprofit (EIN: 66035777). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Walter Hubbard Tr U Para 31 located?
Walter Hubbard Tr U Para 31 is headquartered in Waterbury, Connecticut and files with the IRS under EIN 66035777.
How many years of IRS 990 filings does Walter Hubbard Tr U Para 31 have?
Walter Hubbard Tr U Para 31 has 4 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 $32K in total revenue.
Filing History
IRS 990 filing history for Walter Hubbard Tr U Para 31 showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2021–2024), Walter Hubbard Tr U Para 31's revenue has declined by 2.9%, moving from $18K to $18K. Total assets decreased by 5.5% over the same period, from $244K to $230K. Total functional expenses rose by 23.8%, from $18K to $22K. In its most recent filing year (2024), Walter Hubbard Tr U Para 31 reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $230K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $230K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $18K | $22K | $230K | $1 | — | — |
| 2023 | $18K | $25K | $235K | $1 | — | View 990 |
| 2022 | $29K | $31K | $242K | $1 | — | — |
| 2021 | $18K | $18K | $244K | $1 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $18K, expenses of $22K, and assets of $230K (revenue -0.9% year-over-year).
- 2023: Revenue of $18K, expenses of $25K, and assets of $235K (revenue -39.8% year-over-year).
- 2022: Revenue of $29K, expenses of $31K, and assets of $242K (revenue +62.9% year-over-year).
- 2021: Revenue of $18K, expenses of $18K, and assets of $244K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walter Hubbard Tr U Para 31:
Data Sources and Methodology
This transparency report for Walter Hubbard Tr U Para 31 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.