Casa Corridor Of East Tennessee
Casa Corridor Of East Tennessee shows improving financial stability with growing assets and no executive compensation.
EIN: 208726704 · Athens, TN · NTEE: P43 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $300K |
| Total Expenses | $231K |
| Program Spending | 85% |
| Net Assets | $30K |
| Transparency Score | 90/100 |
Is Casa Corridor Of East Tennessee Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Casa Corridor Of East Tennessee directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Casa Corridor Of East Tennessee
Casa Corridor Of East Tennessee (EIN: 208726704) is a nonprofit organization based in Athens, TN, classified under NTEE code P43. The organization reported total revenue of $300K and total assets of $43K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casa Corridor Of East Tennessee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Casa Corridor Of East Tennessee is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $271K |
| Total Expenses | $231K |
| Surplus / Deficit | +$40K |
| Total Assets | $36K |
| Total Liabilities | $6K |
| Net Assets | $30K |
| Operating Margin | 14.9% |
| Debt-to-Asset Ratio | 16.7% |
| Months of Reserves | 1.9 months |
Financial Health Grade: A
In 2023, Casa Corridor Of East Tennessee reported a surplus of $40K with revenue exceeding expenses, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 16.7% (very low leverage).
Financial Trends
Over 13 years of filings (2010–2023), Casa Corridor Of East Tennessee's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.2% | -16.6% | +234.0% |
| 2022 | +2.5% | -3.5% | +284.9% |
| 2021 | +30.2% | +14.4% | -78.4% |
| 2020 | -6.5% | +11.6% | +74.2% |
| 2019 | +21.9% | +13.4% | +34.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
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 Casa Corridor Of East Tennessee with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Casa Corridor Of East Tennessee allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $40K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization operates without paid officers, which is highly unusual for an organization of its revenue size and suggests a volunteer-led or very lean administrative structure.
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 Casa Corridor Of East Tennessee:
- Consistent growth in net assets, from $1 in 2014 to $43,349 currently.
- Zero reported officer compensation across all filings, indicating efficient use of funds.
- Significant reduction in liabilities from $38,182 in 2020 to $6,032 in 2023.
- Positive net income in recent periods, with revenue exceeding expenses (e.g., $271,270 revenue vs. $230,880 expenses in 202306).
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Casa Corridor Of East Tennessee
Is Casa Corridor Of East Tennessee a legitimate charity?
Based on AI analysis of IRS 990 filings, Casa Corridor Of East Tennessee (EIN: 208726704) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Casa Corridor Of East Tennessee spend its money?
Casa Corridor Of East Tennessee directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Casa Corridor Of East Tennessee tax-deductible?
Casa Corridor Of East Tennessee is registered as a tax-exempt nonprofit (EIN: 208726704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Casa Corridor Of East Tennessee's spending goes to programs?
Casa Corridor Of East Tennessee directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Casa Corridor Of East Tennessee compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Casa Corridor Of East Tennessee is above average for NTEE category P43 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Casa Corridor Of East Tennessee located?
Casa Corridor Of East Tennessee is headquartered in Athens, Tennessee and files with the IRS under EIN 208726704. It is classified under NTEE code P43.
How many years of IRS 990 filings does Casa Corridor Of East Tennessee have?
Casa Corridor Of East Tennessee 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 $300K in total revenue.
Is Casa Corridor Of East Tennessee financially stable?
Yes, the organization shows improving financial stability. Assets have grown from $1 in 2014 to $43,349 currently, and liabilities have significantly decreased from $38,182 in 2020 to $6,032 in 2023.
How does Casa Corridor Of East Tennessee manage executive compensation?
The organization reports 0% officer compensation across all 13 available filings, indicating a volunteer-led executive structure or that executive functions are performed without direct salary.
What is the trend in the organization's revenue?
Revenue has generally been consistent, fluctuating between approximately $115,000 and $299,000 over the past decade, with the latest reported revenue at $299,593.
Are the organization's expenses under control?
Yes, in the latest period (202306), expenses ($230,880) were significantly lower than revenue ($271,270), contributing to a positive net income and asset growth.
Filing History
IRS 990 filing history for Casa Corridor Of East Tennessee showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Casa Corridor Of East Tennessee's revenue has grown by 103.5%, moving from $133K to $271K. Total assets increased by 1456.9% over the same period, from $2K to $36K. Total functional expenses rose by 72.6%, from $134K to $231K. In its most recent filing year (2023), Casa Corridor Of East Tennessee reported a surplus of $40K, with revenue exceeding expenses. The organization holds $6K in liabilities against $36K in assets (debt-to-asset ratio: 16.7%), resulting in net assets of $30K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $271K | $231K | $36K | $6K | — | — |
| 2022 | $292K | $277K | $11K | $20K | — | View 990 |
| 2021 | $285K | $287K | $3K | $30K | — | — |
| 2020 | $219K | $251K | $13K | $38K | — | View 990 |
| 2019 | $234K | $225K | $7K | $1K | — | View 990 |
| 2018 | $192K | $198K | $6K | $9K | — | View 990 |
| 2017 | $199K | $199K | $6K | $3K | — | View 990 |
| 2016 | $169K | $170K | $4K | $0 | — | View 990 |
| 2015 | $193K | $185K | $4K | $0 | — | View 990 |
| 2014 | $116K | $120K | $1 | $3K | — | View 990 |
| 2013 | $114K | $114K | $1K | $0 | — | View 990 |
| 2012 | $125K | $126K | $848 | $0 | — | View 990 |
| 2010 | $133K | $134K | $2K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $271K, expenses of $231K, and assets of $36K (revenue -7.2% year-over-year).
- 2022: Revenue of $292K, expenses of $277K, and assets of $11K (revenue +2.5% year-over-year).
- 2021: Revenue of $285K, expenses of $287K, and assets of $3K (revenue +30.2% year-over-year).
- 2020: Revenue of $219K, expenses of $251K, and assets of $13K (revenue -6.5% year-over-year).
- 2019: Revenue of $234K, expenses of $225K, and assets of $7K (revenue +21.9% year-over-year).
- 2018: Revenue of $192K, expenses of $198K, and assets of $6K (revenue -3.2% year-over-year).
- 2017: Revenue of $199K, expenses of $199K, and assets of $6K (revenue +17.2% year-over-year).
- 2016: Revenue of $169K, expenses of $170K, and assets of $4K (revenue -12.0% year-over-year).
- 2015: Revenue of $193K, expenses of $185K, and assets of $4K (revenue +66.1% year-over-year).
- 2014: Revenue of $116K, expenses of $120K, and assets of $1 (revenue +1.4% year-over-year).
- 2013: Revenue of $114K, expenses of $114K, and assets of $1K (revenue -8.3% year-over-year).
- 2012: Revenue of $125K, expenses of $126K, and assets of $848 (revenue -6.5% year-over-year).
- 2010: Revenue of $133K, expenses of $134K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Casa Corridor Of East Tennessee:
Data Sources and Methodology
This transparency report for Casa Corridor Of East Tennessee 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.