Cadmus Corporation
Cadmus Corporation experiences an unexplained, massive revenue and asset surge after years of modest financial activity.
EIN: 20360785 · Wilton, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $606K |
| Total Expenses | $16K |
| Program Spending | 80% |
| Net Assets | $35K |
| Transparency Score | 65/100 |
Is Cadmus Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cadmus Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cadmus Corporation
Cadmus Corporation (EIN: 20360785) is a nonprofit organization based in Wilton, NH. The organization reported total revenue of $606K and total assets of $736K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cadmus Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cadmus Corporation is a small nonprofit that has been operating for 44 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -9.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $21K |
| Total Expenses | $16K |
| Surplus / Deficit | +$5K |
| Total Assets | $35K |
| Net Assets | $35K |
| Operating Margin | 23.8% |
| Months of Reserves | 26.5 months |
Financial Health Grade: A
In 2021, Cadmus Corporation reported a surplus of $5K with revenue exceeding expenses, holds 26.5 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2021), Cadmus Corporation's revenue has declined at a compound annual growth rate (CAGR) of -9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -30.6% | -44.7% | +16.5% |
| 2020 | +116.3% | +105.2% | +4.5% |
| 2019 | +177.4% | +148.1% | -0.4% |
| 2018 | -75.4% | -72.1% | -2.2% |
| 2017 | +58.8% | +61.5% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
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 Cadmus Corporation 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: 80%
- fundraising: 5%
According to IRS 990 filings, Cadmus 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5K, with revenue exceeding expenses.
Executive Compensation Analysis
Cadmus Corporation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is unusual for an organization with its reported asset base.
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 Cadmus Corporation's IRS 990 filings:
- Unexplained, massive revenue spike (from ~$20k to ~$600k) without corresponding historical context.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency assessment difficult.
- NTEE code is unknown, hindering understanding of organizational purpose.
Strengths
The following positive indicators were identified for Cadmus Corporation:
- Consistently reports zero liabilities, indicating strong financial solvency.
- Zero officer compensation suggests a highly lean or volunteer-driven leadership structure.
- Stable asset base (prior to the latest period) with no reported debt.
Frequently Asked Questions about Cadmus Corporation
Is Cadmus Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cadmus Corporation (EIN: 20360785) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Cadmus Corporation spend its money?
Cadmus Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cadmus Corporation tax-deductible?
Cadmus Corporation is registered as a tax-exempt nonprofit (EIN: 20360785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cadmus Corporation's spending goes to programs?
Cadmus Corporation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Cadmus Corporation located?
Cadmus Corporation is headquartered in Wilton, New Hampshire and files with the IRS under EIN 20360785.
How many years of IRS 990 filings does Cadmus Corporation have?
Cadmus Corporation has 11 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 $606K in total revenue.
What is the source of the $606,499 in latest revenue, and is it a recurring source?
The provided data does not specify the source of this significant revenue increase. Given the historical revenue figures, this represents an extraordinary anomaly that requires further inquiry into the nature of these funds (e.g., a large one-time grant, asset sale, or a new major program).
How does Cadmus Corporation operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which would require further detail to understand.
What are the specific programs Cadmus Corporation delivers?
The provided financial data does not detail the specific programs or activities of Cadmus Corporation. An NTEE code is also unknown, making it difficult to ascertain its mission without additional information.
What caused the significant increase in assets to $736,067?
The substantial increase in assets from a historical average of around $30,000 to over $736,000 in the latest period is directly correlated with the revenue spike. Without further information, it's unclear if this represents cash reserves, new property, or other investments.
Filing History
IRS 990 filing history for Cadmus Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Cadmus Corporation's revenue has declined by 62.3%, moving from $55K to $21K. Total assets increased by 114.2% over the same period, from $16K to $35K. Total functional expenses fell by 69%, from $51K to $16K. In its most recent filing year (2021), Cadmus Corporation reported a surplus of $5K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $21K | $16K | $35K | $0 | — | View 990 |
| 2020 | $30K | $29K | $30K | $0 | — | View 990 |
| 2019 | $14K | $14K | $29K | $0 | — | View 990 |
| 2018 | $5K | $6K | $29K | $0 | — | View 990 |
| 2017 | $20K | $20K | $30K | $0 | — | View 990 |
| 2016 | $13K | $13K | $30K | $0 | — | View 990 |
| 2015 | $18K | $20K | $29K | $0 | — | View 990 |
| 2014 | $12K | $12K | $31K | $0 | — | View 990 |
| 2013 | $16K | $11K | $31K | $0 | — | View 990 |
| 2012 | $16K | $6K | $26K | $0 | — | View 990 |
| 2011 | $55K | $51K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $21K, expenses of $16K, and assets of $35K (revenue -30.6% year-over-year).
- 2020: Revenue of $30K, expenses of $29K, and assets of $30K (revenue +116.3% year-over-year).
- 2019: Revenue of $14K, expenses of $14K, and assets of $29K (revenue +177.4% year-over-year).
- 2018: Revenue of $5K, expenses of $6K, and assets of $29K (revenue -75.4% year-over-year).
- 2017: Revenue of $20K, expenses of $20K, and assets of $30K (revenue +58.8% year-over-year).
- 2016: Revenue of $13K, expenses of $13K, and assets of $30K (revenue -29.9% year-over-year).
- 2015: Revenue of $18K, expenses of $20K, and assets of $29K (revenue +55.6% year-over-year).
- 2014: Revenue of $12K, expenses of $12K, and assets of $31K (revenue -27.7% year-over-year).
- 2013: Revenue of $16K, expenses of $11K, and assets of $31K (revenue +4.4% year-over-year).
- 2012: Revenue of $16K, expenses of $6K, and assets of $26K (revenue -71.8% year-over-year).
- 2011: Revenue of $55K, expenses of $51K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cadmus Corporation:
Data Sources and Methodology
This transparency report for Cadmus 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.