West Hartford Art League Inc
EIN: 60721830 · West Hartford, CT · NTEE: A99Z
| Metric | Value |
|---|---|
| Total Revenue | $432K |
| Total Expenses | $331K |
| Net Assets | $333K |
Is West Hartford Art League Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About West Hartford Art League Inc
West Hartford Art League Inc (EIN: 60721830) is a nonprofit organization based in West Hartford, CT, classified under NTEE code A99Z. The organization reported total revenue of $432K and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Hartford Art League Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
West Hartford Art League Inc is a small nonprofit that has been operating for 86 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $358K |
| Total Expenses | $331K |
| Surplus / Deficit | +$27K |
| Total Assets | $397K |
| Total Liabilities | $64K |
| Net Assets | $333K |
| Operating Margin | 7.6% |
| Debt-to-Asset Ratio | 16.1% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, West Hartford Art League Inc reported a surplus of $27K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 16.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), West Hartford Art League Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | +2.1% | +9.3% |
| 2022 | +0.4% | +9.3% | +7.7% |
| 2021 | +38.8% | +0.8% | +18.4% |
| 2020 | -28.0% | -1.9% | -2.8% |
| 2019 | +22.4% | +2.4% | +31.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1940 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for West Hartford Art League 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 West Hartford Art League 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 $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.1%.
Frequently Asked Questions about West Hartford Art League Inc
Is West Hartford Art League Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, West Hartford Art League Inc (EIN: 60721830) insufficient data. 0 red flags identified, 0 strengths noted.
How does West Hartford Art League Inc spend its money?
Detailed spending breakdown data is not yet available for West Hartford Art League Inc. Check back for updated IRS 990 analysis.
Are donations to West Hartford Art League Inc tax-deductible?
West Hartford Art League Inc is registered as a tax-exempt nonprofit (EIN: 60721830). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is West Hartford Art League Inc located?
West Hartford Art League Inc is headquartered in West Hartford, Connecticut and files with the IRS under EIN 60721830. It is classified under NTEE code A99Z.
How many years of IRS 990 filings does West Hartford Art League Inc have?
West Hartford Art League 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 $432K in total revenue.
Filing History
IRS 990 filing history for West Hartford Art League Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), West Hartford Art League Inc's revenue has grown by 30.2%, moving from $275K to $358K. Total assets increased by 88.7% over the same period, from $210K to $397K. Total functional expenses rose by 18.1%, from $280K to $331K. In its most recent filing year (2023), West Hartford Art League Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $64K in liabilities against $397K in assets (debt-to-asset ratio: 16.1%), resulting in net assets of $333K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $358K | $331K | $397K | $64K | — | View 990 |
| 2022 | $358K | $324K | $363K | $57K | — | View 990 |
| 2021 | $356K | $296K | $337K | $65K | — | View 990 |
| 2020 | $257K | $294K | $285K | $72K | — | View 990 |
| 2019 | $356K | $300K | $293K | $43K | — | View 990 |
| 2018 | $291K | $293K | $223K | $29K | — | View 990 |
| 2017 | $313K | $289K | $230K | $34K | — | View 990 |
| 2016 | $296K | $276K | $204K | $33K | — | View 990 |
| 2015 | $304K | $300K | $211K | $60K | — | View 990 |
| 2014 | $283K | $284K | $204K | $56K | — | View 990 |
| 2013 | $220K | $247K | $205K | $56K | — | View 990 |
| 2012 | $275K | $280K | $210K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $358K, expenses of $331K, and assets of $397K (revenue +0.2% year-over-year).
- 2022: Revenue of $358K, expenses of $324K, and assets of $363K (revenue +0.4% year-over-year).
- 2021: Revenue of $356K, expenses of $296K, and assets of $337K (revenue +38.8% year-over-year).
- 2020: Revenue of $257K, expenses of $294K, and assets of $285K (revenue -28.0% year-over-year).
- 2019: Revenue of $356K, expenses of $300K, and assets of $293K (revenue +22.4% year-over-year).
- 2018: Revenue of $291K, expenses of $293K, and assets of $223K (revenue -7.1% year-over-year).
- 2017: Revenue of $313K, expenses of $289K, and assets of $230K (revenue +5.8% year-over-year).
- 2016: Revenue of $296K, expenses of $276K, and assets of $204K (revenue -2.7% year-over-year).
- 2015: Revenue of $304K, expenses of $300K, and assets of $211K (revenue +7.5% year-over-year).
- 2014: Revenue of $283K, expenses of $284K, and assets of $204K (revenue +28.9% year-over-year).
- 2013: Revenue of $220K, expenses of $247K, and assets of $205K (revenue -20.2% year-over-year).
- 2012: Revenue of $275K, expenses of $280K, and assets of $210K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for West Hartford Art League Inc:
Data Sources and Methodology
This transparency report for West Hartford Art League 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.