Connecticut Center For A New Economy Inc
Only null% goes to programs Declining revenue
Connecticut Center For A New Economy Inc is a 501(c)(3) organization based in Hartford, Connecticut, registered in 2000, with $1 in FY2022 revenue. CharityIndex grades it F.
30 Arbor St Unit 107, Hartford, CT, 06106 EIN 06-1582994 Since 2000
Revenue (FY2022)
$1
▼ 99.2% vs prior year
Community median: $184K
Expenses (FY2022)
$6,393
Net assets
$2,708
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Connecticut Center For A New Economy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating5 mo reserves · -639200% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Connecticut Center For A New Economy Inc: 5 mo reserves · -639200% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Connecticut Center For A New Economy Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FTransparency10% of the rating0 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Connecticut Center For A New Economy Inc: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 30 Arbor St Unit 107, Hartford, CT, 06106
- City
- Hartford
- State
- Connecticut
- Subcategory
- Economic Development
Financial trends
Revenue declined from $169K (FY2019) to $1 (FY2022) across 4 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $0Net assets $2,708
Operating margin
-639200.0%
Spent more than it raised in the latest fiscal year.
Total assets
$2,708
Total liabilities
$0
Net assets
$2,708
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $1▼99.2% | $6,393▼35.1% | $2,708▼70.2% | $2,708▼84.2% | 990EZ |
| 2021 | $118▼99.8% | $9,845▼91.7% | $9,100▼51.7% | $17,100▼37.3% | 990EZ |
| 2020 | $54,533▼67.8% | $117,909▲2.7% | $18,827▼77.1% | $27,281▼70.1% | 990EZ |
| 2019 | $169,273 | $114,813 | $82,203 | $91,342 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $6,735 total
1 grant to Connecticut Center For A New Economy Inc totaling $6,735, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Network For Good Inc | Unrestricted | 2014 | $6,735 |
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Frequently asked questions
- Is Connecticut Center For A New Economy Inc a legitimate nonprofit?
- Yes. Connecticut Center For A New Economy Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-1582994, based in Hartford, Connecticut. Donations are tax-deductible.
- What is Connecticut Center For A New Economy Inc's EIN?
- Connecticut Center For A New Economy Inc's Employer Identification Number (EIN) is 06-1582994.
- How much revenue does Connecticut Center For A New Economy Inc report?
- Connecticut Center For A New Economy Inc reported $1 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does Connecticut Center For A New Economy Inc have?
- CharityIndex grades Connecticut Center For A New Economy Inc F, based on financial health (reserves and operating margin).
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Data for Connecticut Center For A New Economy Inc (EIN 06-1582994) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.