Western Connecticut Chapter National Railway Historical Societ

Western Connecticut Chapter National Railway Historical Society maintains stable finances with growing assets and no liabilities.

EIN: 10366432 · Norwalk, CT · Updated: 2026-03-27

$21KRevenue
$76KAssets
92/100Mission Score (Excellent)

Is Western Connecticut Chapter National Railway Historical Societ Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Western Connecticut Chapter National Railway Historical Societ directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Western Connecticut Chapter National Railway Historical Societ

Western Connecticut Chapter National Railway Historical Societ (EIN: 10366432) is a nonprofit organization based in Norwalk, CT. The organization reported total revenue of $21K and total assets of $76K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Connecticut Chapter National Railway Historical Societ's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Western Connecticut Chapter National Railway Historical Society demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. The organization has maintained a positive net income over the past decade, with assets steadily growing from $60,890 in 2015 to $74,983 in 2024. This growth, coupled with zero reported liabilities across all filings, indicates prudent financial management and a healthy balance sheet. The organization's revenue has fluctuated but generally shown an upward trend, reaching $14,682 in 2024, while expenses have remained well within its income. Spending efficiency appears high, primarily due to the complete absence of reported officer compensation, suggesting a volunteer-driven operational model. With total expenses in 2024 at $13,800 against revenue of $14,682, the organization is operating efficiently within its means. The lack of detailed expense breakdowns in the provided data makes a precise program vs. administrative spending analysis challenging, but the overall financial picture points to a lean operation focused on its objectives. The consistent filing of 990s over 13 periods also indicates a commitment to transparency. Overall, the organization exhibits sound financial health, responsible asset management, and a highly efficient operational structure, likely due to its volunteer leadership. Its consistent financial performance and lack of liabilities are strong indicators of its sustainability and dedication to its historical preservation mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Western Connecticut Chapter National Railway Historical Societ with a Mission Score of 92 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

According to IRS 990 filings, Western Connecticut Chapter National Railway Historical Societ allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which significantly contributes to its operational efficiency and allows more funds to be directed towards its mission.

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 Western Connecticut Chapter National Railway Historical Societ:

Frequently Asked Questions about Western Connecticut Chapter National Railway Historical Societ

Is Western Connecticut Chapter National Railway Historical Societ a legitimate charity?

Based on AI analysis of IRS 990 filings, Western Connecticut Chapter National Railway Historical Societ (EIN: 10366432) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

How does Western Connecticut Chapter National Railway Historical Societ spend its money?

Western Connecticut Chapter National Railway Historical Societ directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Western Connecticut Chapter National Railway Historical Societ tax-deductible?

Western Connecticut Chapter National Railway Historical Societ is registered as a tax-exempt nonprofit (EIN: 10366432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Western Connecticut Chapter National Railway Historical Society a good charity?

Based on its financial data, the Western Connecticut Chapter National Railway Historical Society appears to be a very good charity. It consistently operates with a surplus, has growing assets, zero liabilities, and no paid executive compensation, indicating high efficiency and a strong commitment to its mission.

How does the organization manage its assets?

The organization manages its assets very well, showing consistent growth from $60,890 in 2015 to $74,983 in 2024. This steady increase, coupled with zero liabilities, suggests conservative and effective financial stewardship.

What is the organization's financial trend?

The organization exhibits a stable and positive financial trend. Revenue has generally increased over the past decade, and expenses have consistently been lower than revenue, leading to a healthy accumulation of assets and no debt.

Filing History

IRS 990 filing history for Western Connecticut Chapter National Railway Historical Societ showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Western Connecticut Chapter National Railway Historical Societ's revenue has grown by 27.9%, moving from $11K to $15K. Total assets increased by 33.6% over the same period, from $56K to $75K. Total functional expenses rose by 48.1%, from $9K to $14K. In its most recent filing year (2024), Western Connecticut Chapter National Railway Historical Societ reported a surplus of $882, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2024 $15K $14K $75K $0
2023 $14K $13K $74K $0 View 990
2022 $11K $11K $73K $0 View 990
2021 $11K $11K $73K $0 View 990
2020 $11K $10K $72K $0 View 990
2019 $12K $11K $72K $0 View 990
2018 $13K $10K $71K $0 View 990
2017 $12K $9K $69K $0 View 990
2016 $12K $8K $65K $0 View 990
2015 $13K $10K $61K $0 View 990
2014 $13K $12K $58K $0 View 990
2013 $13K $11K $58K $0 View 990
2012 $11K $9K $56K $0 View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Western Connecticut Chapter National Railway Historical Societ 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.

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