Connecticut Challenge Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,468,976 | 952,060 | 516,916 | 10.3 | 26% |
| 2011 | 1,943,689 | 1,364,065 | 579,624 | 12.6 | 25% |
| 2012 | 1,962,309 | 1,533,083 | 429,226 | 15.3 | 26% |
| 2013 | 2,147,306 | 1,986,964 | 160,342 | 12.7 | 29% |
| 2014 | 2,198,098 | 2,153,763 | 44,335 | 12.0 | 29% |
| 2015 | 2,643,522 | 2,554,576 | 88,946 | 10.5 | 27% |
| 2016 | 1,946,641 | 2,300,611 | −353,970 | 11.5 | 28% |
| 2017 | 1,997,759 | 2,198,254 | −200,495 | 8.1 | 30% |
| 2018 | 1,693,732 | 1,808,516 | −114,784 | 9.0 | 28% |
| 2019 | 1,391,602 | 1,628,901 | −237,299 | 8.6 | 22% |
| 2020 | −495,202 | 813,258 | −1,308,460 | 7.6 | 31% |
| 2021 | 547,286 | 604,912 | −57,626 | -12.9 | 34% |
| 2022 | 542,811 | 796,022 | −253,211 | -14.6 | 23% |
In its most recent public year (2022), this organization spent $253,211 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-14.6 months), down from 10.3 in 2010. Staff pay was 23% of spending. $6,049 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Connecticut Challenge Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works