Cab Calloway School Fund
Cab Calloway School Fund shows consistent growth and zero executive compensation over a decade.
EIN: 200581573 · Wilmington, DE · NTEE: B82 · Updated: 2026-03-28
Is Cab Calloway School Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cab Calloway School Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cab Calloway School Fund
Cab Calloway School Fund (EIN: 200581573) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B82. The organization reported total revenue of $531K and total assets of $363K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cab Calloway School Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cab Calloway School Fund is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $354K |
| Total Expenses | $397K |
| Surplus / Deficit | $-43,594 |
| Total Assets | $306K |
| Total Liabilities | $13K |
| Net Assets | $293K |
| Operating Margin | -12.3% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 9.2 months |
Financial Health Grade: B
In 2023, Cab Calloway School Fund reported a deficit of $44K with expenses exceeding revenue, holds 9.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2023), Cab Calloway School Fund's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.9% | +15.2% | -9.0% |
| 2022 | +6.7% | +26.0% | +16.6% |
| 2021 | +87.7% | +56.4% | +33.3% |
| 2020 | -29.0% | -40.1% | +18.8% |
| 2019 | -29.1% | -6.0% | -8.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Cab Calloway School Fund with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Cab Calloway School Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filing periods, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with revenues ranging from $79,148 to $392,615.
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.
Strengths
The following positive indicators were identified for Cab Calloway School Fund:
- Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
- Healthy growth in assets, from $103,102 in 2015 to $306,073 in 2023, demonstrating financial stability.
- Low liabilities across all filing periods, suggesting responsible financial management and minimal debt.
- Consistent filing of IRS Form 990s over 13 periods, indicating strong transparency.
- Positive net assets in most years, with assets generally exceeding liabilities.
Frequently Asked Questions about Cab Calloway School Fund
Is Cab Calloway School Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Cab Calloway School Fund (EIN: 200581573) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Cab Calloway School Fund spend its money?
Cab Calloway School Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cab Calloway School Fund tax-deductible?
Cab Calloway School Fund is registered as a tax-exempt nonprofit (EIN: 200581573). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cab Calloway School Fund a good charity?
Based on the available IRS 990 data, the Cab Calloway School Fund appears to be a good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. Its assets have grown steadily, and it maintains low liabilities, suggesting sound financial management.
How has the organization's revenue trended over time?
The organization's revenue has shown a general upward trend, with fluctuations. It increased from $79,148 in 2015 to $353,566 in 2023, with a peak of $392,615 in 2022, demonstrating growth in its financial capacity.
What is the organization's approach to executive compensation?
The Cab Calloway School Fund has a highly efficient approach to executive compensation, reporting 0% officer compensation across all 13 available filings. This means no salaries are paid to officers, maximizing funds available for programs and operations.
Filing History
IRS 990 filing history for Cab Calloway School Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Cab Calloway School Fund's revenue has grown by 32%, moving from $268K to $354K. Total assets increased by 25.6% over the same period, from $244K to $306K. Total functional expenses rose by 37.1%, from $290K to $397K. In its most recent filing year (2023), Cab Calloway School Fund reported a deficit of $44K, with expenses exceeding revenue. The organization holds $13K in liabilities against $306K in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $293K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $354K | $397K | $306K | $13K | — | View 990 |
| 2022 | $393K | $345K | $336K | $0 | — | View 990 |
| 2021 | $368K | $274K | $288K | $0 | — | View 990 |
| 2020 | $196K | $175K | $216K | $22K | — | View 990 |
| 2019 | $276K | $292K | $182K | $9K | — | View 990 |
| 2018 | $389K | $311K | $198K | $8K | — | View 990 |
| 2017 | $269K | $272K | $118K | $7K | — | View 990 |
| 2016 | $365K | $294K | $172K | $58K | — | View 990 |
| 2015 | $79K | $127K | $103K | $10K | — | View 990 |
| 2015 | $242K | $332K | $141K | $0 | — | View 990 |
| 2014 | $256K | $211K | $231K | $0 | — | View 990 |
| 2013 | $241K | $299K | $186K | $0 | — | View 990 |
| 2012 | $268K | $290K | $244K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $354K, expenses of $397K, and assets of $306K (revenue -9.9% year-over-year).
- 2022: Revenue of $393K, expenses of $345K, and assets of $336K (revenue +6.7% year-over-year).
- 2021: Revenue of $368K, expenses of $274K, and assets of $288K (revenue +87.7% year-over-year).
- 2020: Revenue of $196K, expenses of $175K, and assets of $216K (revenue -29.0% year-over-year).
- 2019: Revenue of $276K, expenses of $292K, and assets of $182K (revenue -29.1% year-over-year).
- 2018: Revenue of $389K, expenses of $311K, and assets of $198K (revenue +44.5% year-over-year).
- 2017: Revenue of $269K, expenses of $272K, and assets of $118K (revenue -26.1% year-over-year).
- 2016: Revenue of $365K, expenses of $294K, and assets of $172K (revenue +360.6% year-over-year).
- 2015: Revenue of $79K, expenses of $127K, and assets of $103K (revenue -67.3% year-over-year).
- 2015: Revenue of $242K, expenses of $332K, and assets of $141K (revenue -5.6% year-over-year).
- 2014: Revenue of $256K, expenses of $211K, and assets of $231K (revenue +6.2% year-over-year).
- 2013: Revenue of $241K, expenses of $299K, and assets of $186K (revenue -9.9% year-over-year).
- 2012: Revenue of $268K, expenses of $290K, and assets of $244K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cab Calloway School Fund:
Data Sources and Methodology
This transparency report for Cab Calloway School Fund 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.