Caravel Academy Athletic Boosters Assoc
Caravel Academy Athletic Boosters Assoc: Declining Revenue and Assets Raise Concerns
EIN: 222598972 · Bear, DE · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Expenses | $18K |
| Program Spending | 80% |
| Net Assets | $18K |
| Transparency Score | 60/100 |
Is Caravel Academy Athletic Boosters Assoc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Caravel Academy Athletic Boosters Assoc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Caravel Academy Athletic Boosters Assoc
Caravel Academy Athletic Boosters Assoc (EIN: 222598972) is a nonprofit organization based in Bear, DE. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Caravel Academy Athletic Boosters Assoc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Caravel Academy Athletic Boosters Assoc is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -17.8%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $18K |
| Surplus / Deficit | $-10,891 |
| Total Assets | $18K |
| Net Assets | $18K |
| Operating Margin | -146.4% |
| Months of Reserves | 11.9 months |
Financial Health Grade: B
In 2016, Caravel Academy Athletic Boosters Assoc reported a deficit of $11K with expenses exceeding revenue, holds 11.9 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2016), Caravel Academy Athletic Boosters Assoc's revenue has declined at a compound annual growth rate (CAGR) of -17.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -72.4% | -40.2% | -37.4% |
| 2015 | +37.8% | +42.0% | -11.3% |
| 2014 | -39.7% | -19.6% | -5.9% |
| 2013 | +30.0% | +16.0% | +19.0% |
| 2012 | +25.5% | -26.1% | +6.6% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Caravel Academy Athletic Boosters Assoc 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Caravel Academy Athletic Boosters Assoc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11K, with expenses exceeding revenue.
Executive Compensation Analysis
Based on available filings, there is no indication of highly compensated officers, suggesting executive compensation is minimal or non-existent.
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 Caravel Academy Athletic Boosters Assoc's IRS 990 filings:
- Revenue has significantly declined from $32,407 in 2013 to $7,440 in 2016.
- Assets have decreased from $34,911 in 2013 to $18,252 in 2016.
- Expenses have consistently exceeded revenue in multiple years (e.g., 2015: revenue $26,914, expenses $30,637; 2016: revenue $7,440, expenses $18,331).
Strengths
The following positive indicators were identified for Caravel Academy Athletic Boosters Assoc:
- Focus on supporting athletic programs for Caravel Academy.
- Historically maintained a positive asset base, though declining.
Frequently Asked Questions about Caravel Academy Athletic Boosters Assoc
Is Caravel Academy Athletic Boosters Assoc a legitimate charity?
Caravel Academy Athletic Boosters Assoc (EIN: 222598972) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 60/100. It has 6 years of IRS 990 filings on record. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Caravel Academy Athletic Boosters Assoc spend its money?
Caravel Academy Athletic Boosters Assoc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Caravel Academy Athletic Boosters Assoc tax-deductible?
Caravel Academy Athletic Boosters Assoc is registered as a tax-exempt nonprofit (EIN: 222598972). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Caravel Academy Athletic Boosters Assoc's spending goes to programs?
Caravel Academy Athletic Boosters Assoc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Caravel Academy Athletic Boosters Assoc located?
Caravel Academy Athletic Boosters Assoc is headquartered in Bear, Delaware and files with the IRS under EIN 222598972.
How many years of IRS 990 filings does Caravel Academy Athletic Boosters Assoc have?
Caravel Academy Athletic Boosters Assoc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What does Caravel Academy Athletic Boosters Assoc do?
Caravel Academy Athletic Boosters Assoc is a nonprofit organization in the Unknown sector, located in Bear, Delaware. It is classified under NTEE code Unknown.
How much revenue does Caravel Academy Athletic Boosters Assoc have?
Caravel Academy Athletic Boosters Assoc reported total revenue of N/A. Based on 6 IRS 990 filings on record.
What are Caravel Academy Athletic Boosters Assoc's total assets?
Caravel Academy Athletic Boosters Assoc holds total assets of N/A as reported in IRS 990 filings.
Where is Caravel Academy Athletic Boosters Assoc located?
Caravel Academy Athletic Boosters Assoc is based in Bear, Delaware.
What is Caravel Academy Athletic Boosters Assoc's EIN?
Caravel Academy Athletic Boosters Assoc's Employer Identification Number (EIN) is 222598972. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Caravel Academy Athletic Boosters Assoc?
Caravel Academy Athletic Boosters Assoc is classified under NTEE code Unknown (Unknown).
Is Caravel Academy Athletic Boosters Assoc a registered 501(c)(3)?
Caravel Academy Athletic Boosters Assoc appears in IRS records (EIN: 222598972). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Caravel Academy Athletic Boosters Assoc file IRS Form 990?
Yes, Caravel Academy Athletic Boosters Assoc has 6 IRS Form 990 filings on record. The most recent covers tax period 201608.
What was Caravel Academy Athletic Boosters Assoc's revenue in 2016?
In the 201608 filing period, Caravel Academy Athletic Boosters Assoc reported total revenue of $7,440, total expenses of $18,331, and net assets of $18,252.
Is Caravel Academy Athletic Boosters Assoc's revenue growing or declining?
Caravel Academy Athletic Boosters Assoc's revenue is declining. Revenue went from $26,914 (201508) to $7,440 (201608), a -72.4% change. Based on 6 filings on record.
What is Caravel Academy Athletic Boosters Assoc's most recent 990 filing?
The most recent IRS Form 990 filing for Caravel Academy Athletic Boosters Assoc covers tax period 201608. It shows revenue of $7,440, expenses of $18,331, total assets of $18,252, and liabilities of N/A.
How much does Caravel Academy Athletic Boosters Assoc spend on programs vs administration?
Based on IRS 990 analysis, Caravel Academy Athletic Boosters Assoc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Caravel Academy Athletic Boosters Assoc a trustworthy charity?
Based on AI analysis of IRS 990 data, Caravel Academy Athletic Boosters Assoc shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Caravel Academy Athletic Boosters Assoc?
The following concerns were identified: Revenue has significantly declined from $32,407 in 2013 to $7,440 in 2016.. Assets have decreased from $34,911 in 2013 to $18,252 in 2016.. Expenses have consistently exceeded revenue in multiple years (e.g., 2015: revenue $26,914, expenses $30,637; 2016: revenue $7,440, expenses $18,331).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Caravel Academy Athletic Boosters Assoc's strengths?
Positive indicators for Caravel Academy Athletic Boosters Assoc include: Focus on supporting athletic programs for Caravel Academy.. Historically maintained a positive asset base, though declining.. These findings are derived from AI analysis of the organization's financial filings.
How does Caravel Academy Athletic Boosters Assoc compensate executives?
Based on available filings, there is no indication of highly compensated officers, suggesting executive compensation is minimal or non-existent. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What specific programs or initiatives are being funded by the organization, and how are these impacting Caravel Academy's athletic department?
The available data does not specify the exact programs or initiatives funded. Further inquiry into their operational activities would be needed to understand their impact on Caravel Academy's athletics.
Given the consistent decline in revenue and assets, what strategies are being implemented to ensure the long-term financial sustainability of the organization?
The provided data does not detail any specific strategies for financial sustainability. The trend suggests a need for a robust fundraising plan or a re-evaluation of operational costs to prevent further decline.
Filing History
IRS 990 filing history for Caravel Academy Athletic Boosters Assoc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Caravel Academy Athletic Boosters Assoc's revenue has declined by 62.5%, moving from $20K to $7K. Total assets decreased by 33.7% over the same period, from $28K to $18K. Total functional expenses fell by 41.4%, from $31K to $18K. In its most recent filing year (2016), Caravel Academy Athletic Boosters Assoc reported a deficit of $11K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $7K | $18K | $18K | $0 | — | — |
| 2015 | $27K | $31K | $29K | $0 | — | View 990 |
| 2014 | $20K | $22K | $33K | $0 | — | View 990 |
| 2013 | $32K | $27K | $35K | $0 | — | View 990 |
| 2012 | $25K | $23K | $29K | $0 | — | View 990 |
| 2011 | $20K | $31K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $7K, expenses of $18K, and assets of $18K (revenue -72.4% year-over-year).
- 2015: Revenue of $27K, expenses of $31K, and assets of $29K (revenue +37.8% year-over-year).
- 2014: Revenue of $20K, expenses of $22K, and assets of $33K (revenue -39.7% year-over-year).
- 2013: Revenue of $32K, expenses of $27K, and assets of $35K (revenue +30.0% year-over-year).
- 2012: Revenue of $25K, expenses of $23K, and assets of $29K (revenue +25.5% year-over-year).
- 2011: Revenue of $20K, expenses of $31K, and assets of $28K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Caravel Academy Athletic Boosters Assoc:
Data Sources and Methodology
This transparency report for Caravel Academy Athletic Boosters Assoc 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.