C A S T Inc
CAST Inc: Consistent Revenue Growth, but Spending Breakdown Raises Questions
EIN: 222906484 · Manchester, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $247K |
| Total Expenses | $236K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $260K |
| Transparency Score | 65/100 |
Is C A S T Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
C A S T Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About C A S T Inc
C A S T Inc (EIN: 222906484) is a nonprofit organization based in Manchester, CT. The organization reported total revenue of $247K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of C A S T Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
C A S T Inc is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $221K |
| Total Expenses | $236K |
| Surplus / Deficit | $-15,162 |
| Total Assets | $265K |
| Total Liabilities | $6K |
| Net Assets | $260K |
| Operating Margin | -6.9% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 13.5 months |
Financial Health Grade: B
In 2023, C A S T Inc reported a deficit of $15K with expenses exceeding revenue, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), C A S T Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.0% | -0.8% | -8.4% |
| 2022 | +11.0% | +42.5% | -10.6% |
| 2021 | +61.4% | +44.9% | +1.0% |
| 2020 | -39.5% | -37.9% | -2.9% |
| 2019 | +1.4% | +9.0% | -3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 C A S T Inc with a Mission Score of 65 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: 70%
- fundraising: 15%
According to IRS 990 filings, C A S T Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization of this size and activity, potentially indicating services are provided pro bono or through an undisclosed related entity.
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 C A S T Inc's IRS 990 filings:
- Zero reported executive compensation ($0) across all years, despite increasing revenue and expenses, raises concerns about how leadership is compensated or if services are provided by an undisclosed related party.
- The 'nt' (nonprofit type) field is missing from the provided data, making it difficult to assess alignment with mission-specific benchmarks.
- Expenses consistently exceed revenue in several years (e.g., 2022: revenue $188,573 vs. expenses $237,683), which could lead to long-term financial instability if not addressed.
Strengths
The following positive indicators were identified for C A S T Inc:
- Consistent revenue growth from $105,282 in 2020 to $220,578 in 2023 demonstrates increasing support and operational capacity.
- Low liabilities, peaking at $14,690 in 2022 and $5,533 in 2023, indicate strong financial management and minimal debt burden.
- Assets have remained substantial, ranging from $265,335 to $353,700, providing a solid financial cushion.
Frequently Asked Questions about C A S T Inc
Is C A S T Inc a legitimate charity?
C A S T Inc (EIN: 222906484) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $247K. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does C A S T Inc spend its money?
C A S T Inc directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to C A S T Inc tax-deductible?
C A S T Inc is registered as a tax-exempt nonprofit (EIN: 222906484). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the C A S T Inc CEO make?
C A S T Inc's highest-compensated officer earns $0 annually. The organization reported $247K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of C A S T Inc's spending goes to programs?
C A S T Inc directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is C A S T Inc located?
C A S T Inc is headquartered in Manchester, Connecticut and files with the IRS under EIN 222906484.
How many years of IRS 990 filings does C A S T Inc have?
C A S T Inc has 13 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 $247K in total revenue.
What does C A S T Inc do?
C A S T Inc is a nonprofit organization in the Unknown sector, located in Manchester, Connecticut. It is classified under NTEE code Unknown.
How much revenue does C A S T Inc have?
C A S T Inc reported total revenue of $247,010. Based on 13 IRS 990 filings on record.
What are C A S T Inc's total assets?
C A S T Inc holds total assets of $237,658 as reported in IRS 990 filings.
Where is C A S T Inc located?
C A S T Inc is based in Manchester, Connecticut.
What is C A S T Inc's EIN?
C A S T Inc's Employer Identification Number (EIN) is 222906484. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is C A S T Inc?
C A S T Inc is classified under NTEE code Unknown (Unknown).
Is C A S T Inc a registered 501(c)(3)?
C A S T Inc appears in IRS records (EIN: 222906484). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does C A S T Inc file IRS Form 990?
Yes, C A S T Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was C A S T Inc's revenue in 2023?
In the 202309 filing period, C A S T Inc reported total revenue of $220,578, total expenses of $235,740, and net assets of $265,335.
Is C A S T Inc's revenue growing or declining?
C A S T Inc's revenue is growing. Revenue went from $188,573 (202209) to $220,578 (202309), a +17.0% change. Based on 13 filings on record.
What is C A S T Inc's most recent 990 filing?
The most recent IRS Form 990 filing for C A S T Inc covers tax period 202309. It shows revenue of $220,578, expenses of $235,740, total assets of $265,335, and liabilities of $5,533.
How much does C A S T Inc spend on programs vs administration?
Based on IRS 990 analysis, C A S T Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is C A S T Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, C A S T Inc shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for C A S T Inc?
The following concerns were identified: Zero reported executive compensation ($0) across all years, despite increasing revenue and expenses, raises concerns about how leadership is compensated or if services are provided by an undisclosed related party.. The 'nt' (nonprofit type) field is missing from the provided data, making it difficult to assess alignment with mission-specific benchmarks.. Expenses consistently exceed revenue in several years (e.g., 2022: revenue $188,573 vs. expenses $237,683), which could lead to long-term financial instability if not addressed.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are C A S T Inc's strengths?
Positive indicators for C A S T Inc include: Consistent revenue growth from $105,282 in 2020 to $220,578 in 2023 demonstrates increasing support and operational capacity.. Low liabilities, peaking at $14,690 in 2022 and $5,533 in 2023, indicate strong financial management and minimal debt burden.. Assets have remained substantial, ranging from $265,335 to $353,700, providing a solid financial cushion.. These findings are derived from AI analysis of the organization's financial filings.
How does C A S T Inc compensate executives?
Executive compensation is reported as $0 across all available filings, which is highly unusual for an organization of this size and activity, potentially indicating services are provided pro bono or through an undisclosed related entity. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue growth and operational expenses, how does CAST Inc sustain its operations without any reported compensation for its leadership?
The consistent reporting of $0 for officer, director, trustee, and key employee compensation across all years suggests that leadership may be entirely volunteer-based, compensated through an unlisted related entity, or that the organization's structure allows for significant pro bono contributions, which warrants further investigation into its operational model.
What is the specific nature of the 'x' (expenses) category, and how is it broken down, especially since it frequently exceeds 'r' (revenue)?
Without a detailed breakdown of expenses beyond the aggregate 'x' figure, it's challenging to determine if the excess spending over revenue in certain years is due to strategic investments, one-time costs, or an unsustainable operational model. A more granular view of program, administrative, and fundraising expenses would be crucial for a complete assessment.
Filing History
IRS 990 filing history for C A S T Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), C A S T Inc's revenue has grown by 82.9%, moving from $121K to $221K. Total assets increased by 16.3% over the same period, from $228K to $265K. Total functional expenses rose by 75.7%, from $134K to $236K. In its most recent filing year (2023), C A S T Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $6K in liabilities against $265K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $260K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $221K | $236K | $265K | $6K | — | View 990 |
| 2022 | $189K | $238K | $290K | $15K | — | View 990 |
| 2021 | $170K | $167K | $324K | $0 | — | View 990 |
| 2020 | $105K | $115K | $321K | $83 | — | View 990 |
| 2019 | $174K | $185K | $331K | $0 | — | View 990 |
| 2018 | $171K | $170K | $342K | $10 | — | View 990 |
| 2017 | $147K | $161K | $340K | $0 | — | View 990 |
| 2016 | $170K | $158K | $354K | $0 | — | View 990 |
| 2015 | $154K | $180K | $341K | $0 | — | View 990 |
| 2014 | $254K | $150K | $368K | $2K | — | View 990 |
| 2013 | $199K | $162K | $263K | $990 | — | View 990 |
| 2012 | $137K | $128K | $234K | $8K | — | View 990 |
| 2011 | $121K | $134K | $228K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $221K, expenses of $236K, and assets of $265K (revenue +17.0% year-over-year).
- 2022: Revenue of $189K, expenses of $238K, and assets of $290K (revenue +11.0% year-over-year).
- 2021: Revenue of $170K, expenses of $167K, and assets of $324K (revenue +61.4% year-over-year).
- 2020: Revenue of $105K, expenses of $115K, and assets of $321K (revenue -39.5% year-over-year).
- 2019: Revenue of $174K, expenses of $185K, and assets of $331K (revenue +1.4% year-over-year).
- 2018: Revenue of $171K, expenses of $170K, and assets of $342K (revenue +16.5% year-over-year).
- 2017: Revenue of $147K, expenses of $161K, and assets of $340K (revenue -13.4% year-over-year).
- 2016: Revenue of $170K, expenses of $158K, and assets of $354K (revenue +10.3% year-over-year).
- 2015: Revenue of $154K, expenses of $180K, and assets of $341K (revenue -39.3% year-over-year).
- 2014: Revenue of $254K, expenses of $150K, and assets of $368K (revenue +27.9% year-over-year).
- 2013: Revenue of $199K, expenses of $162K, and assets of $263K (revenue +45.1% year-over-year).
- 2012: Revenue of $137K, expenses of $128K, and assets of $234K (revenue +13.5% year-over-year).
- 2011: Revenue of $121K, expenses of $134K, and assets of $228K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for C A S T Inc:
Data Sources and Methodology
This transparency report for C A S T Inc 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.