Employee After-tax Contribution Veba Trust For Connecticut College is a 501(c)(9) organization based in Charlotte, North Carolina, registered in 2009, with $391,914 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$392K
▲ 31.5% vs prior year
Membership median: $185K
Expenses (FY2024)
$176K
Net assets
$1.0M
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 Employee After-tax Contribution Veba Trust For Connecticut College— 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 Employee After-tax Contribution Veba Trust For Connecticut College: 70 mo reserves · +55% 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 Employee After-tax Contribution Veba Trust For Connecticut College— 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 Employee After-tax Contribution Veba Trust For Connecticut College: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $119K (FY2013) to $392K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
55.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.0M
Total liabilities
$0
Net assets
$1.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $391,914▲31.5% | $175,500▲0.8% | $1,021,108▲17.5% | $1,021,108▲17.5% | 990 |
| 2023 | $298,036▼6.8% | $174,118▼7.1% | $869,215▲30.0% | $869,215▲30.0% | 990 |
| 2022 | $319,916▲0.1% | $187,493▲6.9% | $668,642▲0.1% | $668,642▲0.1% | 990 |
| 2021 | $319,527▲19.2% | $175,414▼2.6% | $667,664▲26.8% | $667,664▲26.8% | 990 |
| 2020 | $267,953▲20.3% | $180,118▲5.8% | $526,564▲29.5% | $526,564▲29.5% | 990 |
| 2019 | $222,661▲1.3% | $170,254▲7.3% | $406,700▲30.3% | $406,700▲30.3% | 990 |
| 2018 | $219,904▲28.4% | $158,632▲8.5% | $312,015▲9.0% | $312,015▲9.0% | 990 |
| 2017 | $171,286▲9.4% | $146,204▲19.7% | $286,251▲20.2% | $286,251▲20.2% | 990 |
| 2016 | $156,633▲12.0% | $122,159▲6.9% | $238,230▲19.0% | $238,230▲19.0% | 990 |
| 2015 | $139,829▲5.2% | $114,283▲9.3% | $200,255▲7.6% | $200,255▲7.6% | 990 |
| 2014 | $132,943▲11.9% | $104,518▲17.6% | $186,110▲16.2% | $186,110▲16.2% | 990 |
| 2013 | $118,786 | $88,886▼0.2% | $160,174▲33.6% | $160,174▲33.6% | 990 |
| 2012 | — | $89,083 | $119,925 | $119,925 | 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 Employee After-tax Contribution Veba Trust For Connecticut College (EIN 04-7025786) 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.