Ion Bank Foundation Inc
Naugatuck, Connecticut
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Above Average
How This Organization Compares
Compared to 20 peers in Philanthropy, Voluntarism & Grantmaking with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
10 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $836,609↓56% | $1,324,628↑22% | $13,950,608↑10% | |
| 2022 | $1,897,788↓5% | $1,085,944↓3% | $12,682,584↓15% | — |
| 2021 | $2,003,640↑14% | $1,123,495↑5% | $14,896,142↑19% | — |
| 2020 | $1,757,790↑23% | $1,066,571↑27% | $12,512,750↓2% | — |
| 2019 | $1,432,509↑125% | $836,665↑50% | $12,774,125↑46% | — |
| 2015 | $638,064↓38% | $558,720↓1% | $8,732,028↑15% | — |
| 2014 | $1,035,406↑9% | $563,133↓9% | $7,579,303↑8% | — |
| 2013 | $952,693↓70% | $621,271↑36% | $7,017,697↑4% | — |
| 2012 | $3,193,540↑606% | $455,311↓2% | $6,770,852↑68% | — |
| 2011 | $452,410 | $464,342 | $4,032,623 | — |
Frequently Asked Questions
What does Ion Bank Foundation Inc do?▼
Ion Bank Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit organization based in Connecticut. It is classified under NTEE code T22Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Ion Bank Foundation Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Ion Bank Foundation Inc has a score of 61/100 (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 Ion Bank Foundation Inc generate?▼
Revenue data for Ion Bank Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.
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