Western Connecticut Health Network Affiliates Inc
Western Connecticut Health Network Affiliates Inc: Financial Health and Operational Transparency
EIN: 222594968 · Danbury, CT · Updated: 2026-04-04
Is Western Connecticut Health Network Affiliates Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Western Connecticut Health Network Affiliates Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Western Connecticut Health Network Affiliates Inc
Western Connecticut Health Network Affiliates Inc (EIN: 222594968) is a nonprofit organization based in Danbury, CT. The organization reported total revenue of $20.6M and total assets of $16.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western Connecticut Health Network Affiliates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western Connecticut Health Network Affiliates Inc is a large nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.8M |
| Total Expenses | $20.2M |
| Surplus / Deficit | $-2,379,957 |
| Total Assets | $12.9M |
| Total Liabilities | $18.7M |
| Net Assets | $-5,816,064 |
| Operating Margin | -13.4% |
| Debt-to-Asset Ratio | 145.2% |
| Months of Reserves | 7.7 months |
Financial Health Grade: C
In 2023, Western Connecticut Health Network Affiliates Inc reported a deficit of $2.4M with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 145.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Western Connecticut Health Network Affiliates Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.1% | -0.3% | +13.6% |
| 2022 | +2.8% | +19.5% | +20.3% |
| 2021 | +30.2% | +21.3% | +34.1% |
| 2020 | +33.2% | +27.4% | +103.7% |
| 2019 | -12.5% | -1.1% | -32.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Western Connecticut Health Network Affiliates Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Western Connecticut Health Network Affiliates Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 145.2%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's revenue and asset size, with no individual compensation standing out as excessively high in the available filings.
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.
Red Flags
The following concerns were identified during AI analysis of Western Connecticut Health Network Affiliates Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) observed across multiple years, for example, a deficit of $2,016,912 in 2023 and $3,463,233 in 2022, which could indicate long-term financial sustainability challenges.
- Significant increase in liabilities from $1,179,798 in 2019 to $18,693,232 in 2023, warranting further investigation into the nature of these obligations.
Strengths
The following positive indicators were identified for Western Connecticut Health Network Affiliates Inc:
- Substantial growth in total assets from $3,447,289 in 2019 to $12,877,168 in 2023, indicating an expanding resource base.
- Consistent revenue generation over the past several years, demonstrating a stable funding stream.
- The organization has maintained a positive net asset position despite operating deficits, suggesting a strong underlying financial foundation.
Frequently Asked Questions about Western Connecticut Health Network Affiliates Inc
Is Western Connecticut Health Network Affiliates Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Western Connecticut Health Network Affiliates Inc (EIN: 222594968) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Western Connecticut Health Network Affiliates Inc spend its money?
Western Connecticut Health Network Affiliates Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Western Connecticut Health Network Affiliates Inc tax-deductible?
Western Connecticut Health Network Affiliates Inc is registered as a tax-exempt nonprofit (EIN: 222594968). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Western Connecticut Health Network Affiliates Inc do?
Western Connecticut Health Network Affiliates Inc is a nonprofit organization in the Unknown sector, located in Danbury, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Western Connecticut Health Network Affiliates Inc have?
Western Connecticut Health Network Affiliates Inc reported total revenue of $20,571,176. Based on 13 IRS 990 filings on record.
What are Western Connecticut Health Network Affiliates Inc's total assets?
Western Connecticut Health Network Affiliates Inc holds total assets of $16,811,498 as reported in IRS 990 filings.
Where is Western Connecticut Health Network Affiliates Inc located?
Western Connecticut Health Network Affiliates Inc is based in Danbury, Connecticut.
What is Western Connecticut Health Network Affiliates Inc's EIN?
Western Connecticut Health Network Affiliates Inc's Employer Identification Number (EIN) is 222594968. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Western Connecticut Health Network Affiliates Inc?
Western Connecticut Health Network Affiliates Inc is classified under NTEE code Unknown (Unknown).
Is Western Connecticut Health Network Affiliates Inc a registered 501(c)(3)?
Western Connecticut Health Network Affiliates Inc appears in IRS records (EIN: 222594968). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Western Connecticut Health Network Affiliates Inc file IRS Form 990?
Yes, Western Connecticut Health Network Affiliates Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was Western Connecticut Health Network Affiliates Inc's revenue in 2023?
In the 202309 filing period, Western Connecticut Health Network Affiliates Inc reported total revenue of $17,789,170, total expenses of $20,169,127, and net assets of $12,877,168.
Is Western Connecticut Health Network Affiliates Inc's revenue growing or declining?
Western Connecticut Health Network Affiliates Inc's revenue is growing. Revenue went from $16,768,172 (202209) to $17,789,170 (202309), a +6.1% change. Based on 13 filings on record.
What is Western Connecticut Health Network Affiliates Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Western Connecticut Health Network Affiliates Inc covers tax period 202309. It shows revenue of $17,789,170, expenses of $20,169,127, total assets of $12,877,168, and liabilities of $18,693,232.
How much does Western Connecticut Health Network Affiliates Inc spend on programs vs administration?
Based on IRS 990 analysis, Western Connecticut Health Network Affiliates Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Western Connecticut Health Network Affiliates Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Western Connecticut Health Network Affiliates Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Western Connecticut Health Network Affiliates Inc?
The following concerns were identified: Consistent operating deficits (expenses exceeding revenue) observed across multiple years, for example, a deficit of $2,016,912 in 2023 and $3,463,233 in 2022, which could indicate long-term financial sustainability challenges.. Significant increase in liabilities from $1,179,798 in 2019 to $18,693,232 in 2023, warranting further investigation into the nature of these obligations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Western Connecticut Health Network Affiliates Inc's strengths?
Positive indicators for Western Connecticut Health Network Affiliates Inc include: Substantial growth in total assets from $3,447,289 in 2019 to $12,877,168 in 2023, indicating an expanding resource base.. Consistent revenue generation over the past several years, demonstrating a stable funding stream.. The organization has maintained a positive net asset position despite operating deficits, suggesting a strong underlying financial foundation.. These findings are derived from AI analysis of the organization's financial filings.
How does Western Connecticut Health Network Affiliates Inc compensate executives?
Executive compensation appears reasonable given the organization's revenue and asset size, with no individual compensation standing out as excessively high in the available filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Western Connecticut Health Network Affiliates Inc?
• The organization's 990 filings are publicly accessible, providing a basic level of financial transparency. • Detailed program descriptions and impact reports are not readily available, limiting insight into specific outcomes. • Executive compensation details are present in the filings, allowing for review. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What is driving the consistent operating deficits despite revenue growth, and how is the organization planning to address this trend to ensure long-term financial stability?
The provided data shows expenses consistently exceeding revenue, for instance, $20,169,127 in expenses versus $17,789,170 in revenue for 2023. Without further narrative or financial statements, the specific drivers (e.g., increased program costs, administrative overhead, or investment losses) are unclear. Addressing this would likely involve cost-cutting measures, increased fundraising, or strategic investment decisions.
What is the nature of the significant increase in liabilities from $1,179,798 in 2019 to $18,693,232 in 2023, and what are the implications for the organization's financial health?
The dramatic rise in liabilities suggests potential new debt, capital leases, or other long-term obligations. This could be related to expansion, facility improvements, or other strategic initiatives. While not inherently negative if managed well, it increases financial risk and requires a clear plan for repayment or management to avoid liquidity issues.
Filing History
IRS 990 filing history for Western Connecticut Health Network Affiliates Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Western Connecticut Health Network Affiliates Inc's revenue has grown by 13.8%, moving from $15.6M to $17.8M. Total assets increased by 147.7% over the same period, from $5.2M to $12.9M. Total functional expenses rose by 35.3%, from $14.9M to $20.2M. In its most recent filing year (2023), Western Connecticut Health Network Affiliates Inc reported a deficit of $2.4M, with expenses exceeding revenue. The organization holds $18.7M in liabilities against $12.9M in assets (debt-to-asset ratio: 145.2%), resulting in net assets of $-5,816,064.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.8M | $20.2M | $12.9M | $18.7M | — | View 990 |
| 2022 | $16.8M | $20.2M | $11.3M | $14.8M | — | View 990 |
| 2021 | $16.3M | $16.9M | $9.4M | $9.4M | — | — |
| 2020 | $12.5M | $14.0M | $7.0M | $6.2M | — | View 990 |
| 2019 | $9.4M | $11.0M | $3.4M | $1.2M | — | View 990 |
| 2018 | $10.7M | $11.1M | $5.1M | $1.2M | — | View 990 |
| 2017 | $12.4M | $13.5M | $5.5M | $1.3M | — | View 990 |
| 2016 | $13.8M | $13.4M | $5.8M | $524K | — | View 990 |
| 2015 | $12.5M | $13.7M | $5.6M | $737K | — | View 990 |
| 2014 | $13.1M | $12.7M | $7.0M | $1.0M | — | View 990 |
| 2013 | $13.3M | $12.9M | $6.5M | $549K | — | View 990 |
| 2012 | $14.7M | $13.8M | $6.4M | $901K | — | View 990 |
| 2011 | $15.6M | $14.9M | $5.2M | $681K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.8M, expenses of $20.2M, and assets of $12.9M (revenue +6.1% year-over-year).
- 2022: Revenue of $16.8M, expenses of $20.2M, and assets of $11.3M (revenue +2.8% year-over-year).
- 2021: Revenue of $16.3M, expenses of $16.9M, and assets of $9.4M (revenue +30.2% year-over-year).
- 2020: Revenue of $12.5M, expenses of $14.0M, and assets of $7.0M (revenue +33.2% year-over-year).
- 2019: Revenue of $9.4M, expenses of $11.0M, and assets of $3.4M (revenue -12.5% year-over-year).
- 2018: Revenue of $10.7M, expenses of $11.1M, and assets of $5.1M (revenue -13.1% year-over-year).
- 2017: Revenue of $12.4M, expenses of $13.5M, and assets of $5.5M (revenue -10.2% year-over-year).
- 2016: Revenue of $13.8M, expenses of $13.4M, and assets of $5.8M (revenue +9.9% year-over-year).
- 2015: Revenue of $12.5M, expenses of $13.7M, and assets of $5.6M (revenue -4.4% year-over-year).
- 2014: Revenue of $13.1M, expenses of $12.7M, and assets of $7.0M (revenue -1.7% year-over-year).
- 2013: Revenue of $13.3M, expenses of $12.9M, and assets of $6.5M (revenue -9.4% year-over-year).
- 2012: Revenue of $14.7M, expenses of $13.8M, and assets of $6.4M (revenue -5.9% year-over-year).
- 2011: Revenue of $15.6M, expenses of $14.9M, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Western Connecticut Health Network Affiliates Inc:
Data Sources and Methodology
This transparency report for Western Connecticut Health Network Affiliates 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.