Connection Fund-liberty Inc is a 501(c)(3) organization based in Middletown, Connecticut, registered in 1996, with $567,276 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$567K
▲ 8.1% vs prior year
Human Services median: $293K
Expenses (FY2023)
$596K
Net assets
$2.2M
Employees
—
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 Connection Fund-liberty Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Connection Fund-liberty Inc: 44 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
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 Connection Fund-liberty Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Connection Fund-liberty Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $352K (FY2013) to $567K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-5.1%
Spent more than it raised in the latest fiscal year.
Total assets
$5.8M
Total liabilities
$3.6M
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $567,276▲8.1% | $596,413▼5.2% | $2,175,773▼1.3% | $5,789,608▼2.0% | 990 |
| 2022 | $524,805▲22.5% | $628,950▲3.3% | $2,204,910▼4.5% | $5,907,206▲0.6% | 990 |
| 2021 | $428,428▲5.2% | $608,595▲3.3% | $2,309,055▼7.2% | $5,873,914▼1.6% | 990 |
| 2020 | $407,188▼5.8% | $588,991▲6.5% | $2,489,222▼6.8% | $5,970,678▼1.0% | 990 |
| 2019 | $432,276▲0.1% | $553,232▼0.1% | $2,671,025▼4.3% | $6,032,834▼1.4% | 990 |
| 2018 | $431,828▲5.5% | $553,742▲4.2% | $2,791,981▼4.2% | $6,118,727▼1.2% | 990 |
| 2017 | $409,443▲4.2% | $531,393▲0.4% | $2,913,895▼4.0% | $6,190,443▼2.0% | 990 |
| 2016 | $392,948▲2.1% | $529,052▲0.5% | $3,035,845▼4.3% | $6,316,173▼2.7% | 990 |
| 2015 | $384,918▲4.2% | $526,406▼3.4% | $3,171,949▼4.3% | $6,494,258▼1.5% | 990 |
| 2014 | $369,345▲4.8% | $545,171▲3.0% | $3,313,437▼5.0% | $6,591,910▼1.3% | 990 |
| 2013 | $352,375 | $529,312▲548% | $3,489,263▲626% | $6,678,166▲786% | 990 |
| 2011 | — | $81,672▼10.1% | $480,822▲5.8% | $754,113▲2.8% | 990 |
| 2010 | — | $90,829▼9.5% | $454,494▲2.6% | $733,515▼4.1% | 990 |
| 2009 | — | $100,341 | $443,098 | $764,516 | 990 |
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.
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Data for Connection Fund-liberty Inc (EIN 06-1436605) 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.