Quick charity verification for Cronus Usa Inc (EIN: 203005849)
Verdict: Cronus Usa Inc appears trustworthy
85/100Mission Score
$3.8MRevenue
$2.6MAssets
1Red Flags
4Strengths
Red Flags
Significant deficit in 2021 (Revenue $154,418 vs. Expenses $446,749) indicates a period of financial strain, though the organization has since recovered.
Strengths
Consistent revenue growth in recent years (e.g., $2,384,701 in 2022 to $2,806,227 in 2023).
No reported officer compensation across all filings, indicating high efficiency in executive pay.
Strong asset growth, reaching $1,867,385 in 2023, suggesting good financial management and resource accumulation.
Healthy operating surplus in recent years (e.g., $315,072 in 2023 and $577,561 in 2022).
Spending Breakdown
How Cronus Usa Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Cronus Usa Inc
Is Cronus Usa Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cronus Usa Inc (EIN: 203005849) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Cronus Usa Inc a good charity to donate to?
Cronus Usa Inc has a Mission Score of 85/100. Revenue: $3.8M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cronus Usa Inc?
The Employer Identification Number (EIN) for Cronus Usa Inc is 203005849. 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 Cronus Usa Inc spend its money?
Cronus Usa Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cronus Usa Inc's tax-exempt status?
You can verify Cronus Usa Inc's tax-exempt status using EIN 203005849 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
Cronus Usa Inc demonstrates a generally positive financial trajectory, with recent years showing significant growth in both revenue and assets. In 2023, the organization reported revenue of $2,806,227 against expenses of $2,491,155, indicating a healthy operating surplus. This growth is a continuation of a trend from 2022, where revenue was $2,384,701 and expenses were $1,807,140. The organization's assets have also grown substantially, reaching $1,867,385 in 2023 from $1,553,872 in 2022, suggesting effective asset management and accumulation of resources.
However, a notable dip in revenue and a deficit occurred in 2021, with revenue at $154,418 and expenses at $446,749. While this period stands out, the organization has since recovered strongly. A key aspect of their financial health and transparency is the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership or very low administrative overhead related to executive pay. This practice enhances donor confidence and suggests a focus on mission-related spending.
Overall, Cronus Usa Inc appears to be a financially stable and growing organization, particularly in the most recent two years. Their consistent lack of reported officer compensation is a significant positive for transparency and efficiency. While there was a challenging year in 2021, the subsequent rebound and sustained growth in revenue and assets point to resilient financial management.