The Business Council of Fairfield Connecticut Foundation Inc
Nonprofit profile at a glance
- EIN
- 060986055
- IRS 990-EZ coverage
- 2009–2020
- Forms available
- Form 990 2019, Form 990-EZ 2020
- Location
- Stamford, CT, USA
- Phone
- 2034254200
- Rating confidence
- Limited
- Sector
- Federated Giving Programs
Reported finances
- Revenue
- $0
- Expenses
- $286
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- JOHN R CIULLA (CHAIRMAN)
- JAMES E FITZGERALD JR (VICE CHAIRMAN)
- PAMELA K ELKOW (SECRETARY/TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization's purpose was to provide funds for educational and charitable projects, linking educational and other non-profit organizations.
What it reported doing in 2020
The organization ceased operations effective march 31, 2020, and liquidated its assets during the fiscal year.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 18.2% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 7.7% per year; rating input score 100; 87th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $286 in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2009 to 2020
- Contacts: How to reach this organization
- Related organizations: 1 filed related-organization link
- 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.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.