Quick charity verification for Cultural Resources Inc (EIN: 10502001)
Verdict: Cultural Resources Inc has notable concerns
20/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Zero revenue and assets in the latest filing, indicating potential dormancy or closure.
Consistent decline in revenue over multiple years, from $66,281 in 2011 to $0.
Expenses frequently exceeded revenue in prior operational years (e.g., 2012, 2013, 2014).
Strengths
Historically reported 0% officer compensation, suggesting a volunteer-driven or highly efficient leadership structure regarding executive pay.
AI Transparency Report
Cultural Resources Inc. appears to be in a state of financial decline, as evidenced by its latest filing showing $0 in revenue and assets. This follows a consistent downward trend in revenue from $66,281 in 2011 to $15,412 in 2014, and ultimately to zero. The organization consistently spent more than it earned in most reported periods, with expenses exceeding revenue in 2012, 2013, and 2014. While the organization has historically reported zero officer compensation, which can be a positive sign for donor confidence, the current lack of financial activity raises significant concerns about its operational viability and future. The absence of any reported assets or liabilities in the latest period suggests a complete cessation of financial operations.