Greater Hartford Automobile Dealers Association Foundation Inc

Nonprofit profile at a glance

EIN
061201236
IRS 990-PF coverage
2016–2024
Forms available
Form 990-PF 2024
Location
Hartford, CT, USA
Phone
8602932500
Rating
90
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$96,555
Expenses
$70,321

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Greater Hartford Automobile Dealers Association Foundation Inc is a nonprofit. Location: Hartford, CT. EIN 061201236.

What it reported funding in 2024

The foundation reported 25 filed grant rows totaling $57,500. The stated grant purposes included services over 175 individuals with disabilities in day, employment, residential, recreation, and advocacy services. funds to support art program., foster love of and pursuit of music through comprehensive education for all ages, abilities & income levels, and military ball sponsorship, plus 22 other reported purposes.

Operating model

Revenue model
Donor-supported. 70% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 98% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 82
  • Transparency: 100
  • Compliance: 94
  • Endowment Health: 50

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 69th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 81.8%; rating input score 82; 57th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Foundation activity disclosures: 17 of 19 controls in place; rating input score 89
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Individual grants for travel, study or similar purposes: Pass
    • Grants outside qualifying charitable organization categories: Fail
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 17.2; rating input score 50; 50th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 50th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 9 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 26 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Endowment Health: Endowment-health comparison scored 50/100.
  • Review — Compliance: Foundation activity disclosures: 2 of 19 not reported.