Is Cradle Beach Inc Legit?

Quick charity verification for Cradle Beach Inc (EIN: 160743025)

Verdict: Cradle Beach Inc appears trustworthy

85/100Mission Score

$2.6MRevenue

$6.8MAssets

2Red Flags

4Strengths

Red Flags

Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported in other categories or through other entities, or that leadership is entirely volunteer-based.
Periods of deficit spending, such as in 202310 where expenses ($2,315,551) exceeded revenue ($2,237,793), warrant monitoring.

Strengths

Strong asset base, with assets consistently exceeding liabilities, indicating good long-term financial health.
Consistent filing of IRS 990s over 13 periods demonstrates strong transparency.
No reported officer compensation, suggesting a high degree of volunteer leadership or very efficient use of funds in this area.
NTEE code N200 (Recreational & Sports Camps) indicates a clear program focus, supported by generally stable finances.

Spending Breakdown

How Cradle Beach Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Cradle Beach Inc

Is Cradle Beach Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Cradle Beach Inc (EIN: 160743025) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Cradle Beach Inc a good charity to donate to?

Cradle Beach Inc has a Mission Score of 85/100. Revenue: $2.6M. Assets: $6.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cradle Beach Inc?

The Employer Identification Number (EIN) for Cradle Beach Inc is 160743025. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Cradle Beach Inc spend its money?

Cradle Beach Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cradle Beach Inc's tax-exempt status?

You can verify Cradle Beach Inc's tax-exempt status using EIN 160743025 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Cradle Beach Inc. demonstrates a generally stable financial position, with assets consistently exceeding liabilities over the past decade. While revenue has fluctuated, ranging from a low of $1,620,517 in 2020 to a high of $3,288,374 in 2015, the organization has managed its expenses, often keeping them below or close to revenue. For instance, in 202210, revenue was $2,203,794 against expenses of $2,023,163, indicating a surplus. However, there have been periods of deficit spending, such as in 202310 where expenses ($2,315,551) slightly exceeded revenue ($2,237,793).

The organization's financial health appears sound, with total assets of $6,774,004 as of the latest filing. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this area, which is a positive indicator for spending efficiency. The NTEE code N200 (Recreational & Sports Camps) suggests a program-focused mission, and the financial data generally supports the capacity to deliver on this mission, although specific program spending ratios would provide a more detailed picture of efficiency.

Transparency is good given the consistent filing of IRS Form 990s over 13 periods, providing a comprehensive historical financial record. The absence of reported officer compensation is a notable point for transparency and efficiency. While the overall financial picture is positive, continued monitoring of expense management relative to revenue, especially during periods of declining revenue, would be prudent.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.