OYouth DevelopmentEIN: 472267166· Ruling Year: 2018

Bags Foundation Ct Inc

Waterbury, Connecticut

BHealth Score
57B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

💰
$1.2M
Total Revenue
📊
$1.2M
Total Expenses
🏦
$27K
Net Assets
📋
$111K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+66.5%
Year-over-year change (2021 → 2022)
Net Margin
+3.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.02
Net assets divided by total expenses
Liabilities-to-Assets
80.2%
Total liabilities as % of total assets

Filing History

8 filings on record
YearRevenueExpensesAssets
2022$1,209,12666%$1,170,17159%$137,9835%
2021$726,215110%$737,811111%$131,94336%
2020$346,49015%$349,01922%$205,825435%
2019$300,7647%$285,8755%$38,466
2018$324,28211586%$301,725$38,3161281%
2017$2,775$0$2,775277400%
2016$0$0$1
2015$0$0$1

Frequently Asked Questions

What does Bags Foundation Ct Inc do?

Bags Foundation Ct Inc is a youth development nonprofit organization based in Connecticut. It is classified under NTEE code O50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Bags Foundation Ct Inc financially healthy?

Based on our 9-metric Financial Health Score model, Bags Foundation Ct Inc has a score of 57/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Bags Foundation Ct Inc generate?

Bags Foundation Ct Inc reports $2.6M in annual revenue and holds $1.5M in total assets, based on IRS filings.

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