Bishops Creek Community Development Corporation
Bishops Creek CDC faces persistent deficits and high liabilities despite substantial assets.
EIN: 201150352 · Milwaukee, WI · NTEE: S20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $302K |
| Total Expenses | $232K |
| Program Spending | 80% |
| Net Assets | $-371,631 |
| Transparency Score | 60/100 |
Is Bishops Creek Community Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bishops Creek Community Development Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bishops Creek Community Development Corporation
Bishops Creek Community Development Corporation (EIN: 201150352) is a nonprofit organization based in Milwaukee, WI, classified under NTEE code S20. The organization reported total revenue of $302K and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bishops Creek Community Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bishops Creek Community Development Corporation is a small nonprofit that has been operating for 2 years, with 10 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $270K |
| Total Expenses | $232K |
| Surplus / Deficit | +$39K |
| Total Assets | $4.4M |
| Total Liabilities | $4.8M |
| Net Assets | $-371,631 |
| Operating Margin | 14.3% |
| Debt-to-Asset Ratio | 108.4% |
| Months of Reserves | 229.0 months |
Financial Health Grade: A
In 2020, Bishops Creek Community Development Corporation reported a surplus of $39K with revenue exceeding expenses, holds 229.0 months of operating reserves (strong position), has a debt-to-asset ratio of 108.4% (high leverage).
Financial Trends
Over 10 years of filings (2011–2020), Bishops Creek Community Development Corporation's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +358.5% | +5754.2% | +2.0% |
| 2019 | -63.9% | -99.3% | -1.1% |
| 2018 | +267.2% | +63.7% | -1.2% |
| 2017 | -74.6% | -7.0% | -1.9% |
| 2016 | -64.8% | -35.0% | -4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bishops Creek Community Development Corporation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bishops Creek Community Development Corporation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $39K, with revenue exceeding expenses.
- Debt-to-asset ratio: 108.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries or other compensation were paid to officers, which is a positive for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bishops Creek Community Development Corporation's IRS 990 filings:
- Expenses consistently exceed revenue in most years (8 out of 10 filings), indicating potential operational unsustainability.
- Liabilities frequently exceed assets in recent periods (e.g., 2020 liabilities of $4,792,919 vs. assets of $4,421,288), suggesting a precarious financial position.
- Highly volatile revenue streams, ranging from $44,509 to $496,927, make financial planning and stability challenging.
Strengths
The following positive indicators were identified for Bishops Creek Community Development Corporation:
- Consistent IRS 990 filing history (10 filings) demonstrates commitment to transparency.
- 0% officer compensation across all reported periods indicates efficient use of funds at the executive level.
- Maintains substantial assets (over $4 million) which could provide a buffer, though they are decreasing.
Frequently Asked Questions about Bishops Creek Community Development Corporation
Is Bishops Creek Community Development Corporation a legitimate charity?
Bishops Creek Community Development Corporation (EIN: 201150352) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $302K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Bishops Creek Community Development Corporation spend its money?
Bishops Creek Community Development Corporation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bishops Creek Community Development Corporation tax-deductible?
Bishops Creek Community Development Corporation is registered as a tax-exempt nonprofit (EIN: 201150352). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bishops Creek Community Development Corporation's spending goes to programs?
Bishops Creek Community Development Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bishops Creek Community Development Corporation compare to similar nonprofits?
With a transparency score of 60/100 (Good), Bishops Creek Community Development Corporation is above average for NTEE category S20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bishops Creek Community Development Corporation located?
Bishops Creek Community Development Corporation is headquartered in Milwaukee, Wisconsin and files with the IRS under EIN 201150352. It is classified under NTEE code S20.
How many years of IRS 990 filings does Bishops Creek Community Development Corporation have?
Bishops Creek Community Development Corporation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $302K in total revenue.
Is Bishops Creek Community Development Corporation financially stable?
The organization's financial stability is questionable given that expenses have exceeded revenue in 8 out of the last 10 reported periods, and liabilities have frequently surpassed assets in recent years, such as in 2020 where liabilities were $4,792,919 against assets of $4,421,288.
How does Bishops Creek CDC fund its operations given the recurring deficits?
The recurring deficits suggest that the organization may be drawing down on its assets or relying on other forms of financing to cover operational costs, as evidenced by the decrease in assets from $4,798,924 in 2012 to $4,110,918 currently, while liabilities have remained high.
What is the primary source of the organization's substantial assets?
The provided data does not specify the primary source of the organization's assets, but they have consistently been over $4 million for the past decade, suggesting significant initial capital or property holdings.
Filing History
IRS 990 filing history for Bishops Creek Community Development Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Bishops Creek Community Development Corporation's revenue has declined by 37.8%, moving from $434K to $270K. Total assets decreased by 1.5% over the same period, from $4.5M to $4.4M. Total functional expenses fell by 18.7%, from $285K to $232K. In its most recent filing year (2020), Bishops Creek Community Development Corporation reported a surplus of $39K, with revenue exceeding expenses. The organization holds $4.8M in liabilities against $4.4M in assets (debt-to-asset ratio: 108.4%), resulting in net assets of $-371,631.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $270K | $232K | $4.4M | $4.8M | — | — |
| 2019 | $59K | $4K | $4.3M | $4.8M | — | View 990 |
| 2018 | $163K | $536K | $4.4M | $5.0M | — | View 990 |
| 2017 | $45K | $327K | $4.4M | $4.7M | — | View 990 |
| 2016 | $175K | $352K | $4.5M | $4.5M | — | View 990 |
| 2015 | $497K | $542K | $4.7M | $4.6M | — | View 990 |
| 2014 | $378K | $561K | $4.8M | $4.6M | — | View 990 |
| 2013 | $116K | $450K | $4.7M | $4.3M | — | View 990 |
| 2012 | $132K | $321K | $4.8M | $4.1M | — | View 990 |
| 2011 | $434K | $285K | $4.5M | $4.2M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $270K, expenses of $232K, and assets of $4.4M (revenue +358.5% year-over-year).
- 2019: Revenue of $59K, expenses of $4K, and assets of $4.3M (revenue -63.9% year-over-year).
- 2018: Revenue of $163K, expenses of $536K, and assets of $4.4M (revenue +267.2% year-over-year).
- 2017: Revenue of $45K, expenses of $327K, and assets of $4.4M (revenue -74.6% year-over-year).
- 2016: Revenue of $175K, expenses of $352K, and assets of $4.5M (revenue -64.8% year-over-year).
- 2015: Revenue of $497K, expenses of $542K, and assets of $4.7M (revenue +31.3% year-over-year).
- 2014: Revenue of $378K, expenses of $561K, and assets of $4.8M (revenue +227.4% year-over-year).
- 2013: Revenue of $116K, expenses of $450K, and assets of $4.7M (revenue -12.2% year-over-year).
- 2012: Revenue of $132K, expenses of $321K, and assets of $4.8M (revenue -69.7% year-over-year).
- 2011: Revenue of $434K, expenses of $285K, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bishops Creek Community Development Corporation:
Data Sources and Methodology
This transparency report for Bishops Creek Community Development Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.