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.