Casa Prac Inc
Casa Prac Inc: Declining Revenue and Asset Base Raise Sustainability Concerns
EIN: 222525655 · Vineland, NJ · NTEE: P840 · Updated: 2026-04-04
About Casa Prac Inc
Casa Prac Inc (EIN: 222525655) is a nonprofit organization based in Vineland, NJ, classified under NTEE code P840. The organization reported total revenue of $448K and total assets of $206K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Casa Prac Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Casa Prac 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: 75%
- fundraising: 10%
According to IRS 990 filings, Casa Prac Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation cannot be assessed without specific salary figures for key personnel, which are not provided in the available data.
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 Casa Prac Inc's IRS 990 filings:
- Revenue has significantly declined from $711,264 in 2020 to $447,883 in 2021.
- Total assets have shown a consistent downward trend, from $247,903 in 2014 to $205,749 in 2021.
- Liabilities have increased from $121,977 in 2021 to $178,312 in 2020, then decreased to $121,977 in 2021, indicating volatility.
- The organization consistently reports 0% fundraising costs, which may warrant further investigation into how fundraising activities are categorized or if they are minimal.
Strengths
The following positive indicators were identified for Casa Prac Inc:
- Consistent filing of financial data over an extended period (2014-2021) indicates a level of operational transparency.
- Expenses have generally remained below revenue, suggesting fiscal prudence in most years, with the exception of 2016 where expenses ($356,182) slightly exceeded revenue ($353,635).
Frequently Asked Questions about Casa Prac Inc
What does Casa Prac Inc do?
Casa Prac Inc is a nonprofit organization in the Human Services sector, located in Vineland, New Jersey. It is classified under NTEE code P840.
How much revenue does Casa Prac Inc have?
Casa Prac Inc reported total revenue of $447,883. Based on 11 IRS 990 filings on record.
What are Casa Prac Inc's total assets?
Casa Prac Inc holds total assets of $205,749 as reported in IRS 990 filings.
Where is Casa Prac Inc located?
Casa Prac Inc is based in Vineland, New Jersey.
What is Casa Prac Inc's EIN?
Casa Prac Inc's Employer Identification Number (EIN) is 222525655. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Casa Prac Inc?
Casa Prac Inc is classified under NTEE code P840 (Human Services).
Is Casa Prac Inc a registered 501(c)(3)?
Yes, Casa Prac Inc is recognized as a tax-exempt organization by the IRS. EIN: 222525655.
Does Casa Prac Inc file IRS Form 990?
Yes, Casa Prac Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202106.
What was Casa Prac Inc's revenue in 2021?
In the 202106 filing period, Casa Prac Inc reported total revenue of $447,883, total expenses of $429,062, and net assets of $205,749.
Is Casa Prac Inc's revenue growing or declining?
Casa Prac Inc's revenue is declining. Revenue went from $711,264 (202006) to $447,883 (202106), a -37.0% change. Based on 11 filings on record.
What is Casa Prac Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Casa Prac Inc covers tax period 202106. It shows revenue of $447,883, expenses of $429,062, total assets of $205,749, and liabilities of $121,977.
How much does Casa Prac Inc spend on programs vs administration?
Based on IRS 990 analysis, Casa Prac Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Casa Prac Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Casa Prac Inc shows mixed signals. Mission Score: 65/100 (Good). 4 red flags identified. 2 strengths noted.
What are the red flags for Casa Prac Inc?
The following concerns were identified: Revenue has significantly declined from $711,264 in 2020 to $447,883 in 2021.. Total assets have shown a consistent downward trend, from $247,903 in 2014 to $205,749 in 2021.. Liabilities have increased from $121,977 in 2021 to $178,312 in 2020, then decreased to $121,977 in 2021, indicating volatility.. The organization consistently reports 0% fundraising costs, which may warrant further investigation into how fundraising activities are categorized or if they are minimal.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Casa Prac Inc's strengths?
Positive indicators for Casa Prac Inc include: Consistent filing of financial data over an extended period (2014-2021) indicates a level of operational transparency.. Expenses have generally remained below revenue, suggesting fiscal prudence in most years, with the exception of 2016 where expenses ($356,182) slightly exceeded revenue ($353,635).. These findings are derived from AI analysis of the organization's financial filings.
How does Casa Prac Inc compensate executives?
Executive compensation cannot be assessed without specific salary figures for key personnel, which are not provided in the available data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Casa Prac Inc?
• Financial data is consistently available through 990 filings. • No specific program details or impact reports are readily apparent from the provided data. • Compensation details for key personnel are not itemized in the provided summary. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
What factors contributed to the sharp decline in revenue from $711,264 in 2020 to $447,883 in 2021?
The provided data does not specify the reasons for the revenue decline; further investigation into their annual reports or program activities would be necessary to understand this significant drop.
How does Casa Prac Inc manage to report 0% fundraising costs consistently across all years, and what implications does this have for their financial reporting?
A consistent 0% fundraising cost could imply that fundraising activities are either extremely minimal, entirely volunteer-driven with no associated expenses, or that these costs are being categorized under other operational expenses. This warrants a deeper look into their functional expense allocation.
Given the continuous decline in total assets since 2014, what is the long-term sustainability outlook for Casa Prac Inc?
The sustained decrease in assets, from $247,903 in 2014 to $205,749 in 2021, combined with recent revenue declines, suggests potential long-term sustainability challenges if these trends are not reversed. A detailed analysis of their asset management and investment strategies would be beneficial.
Filing History
IRS 990 filing history for Casa Prac Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Casa Prac Inc's revenue has grown by 45.4%, moving from $308K to $448K. Total assets decreased by 22.9% over the same period, from $267K to $206K. Total functional expenses rose by 48.8%, from $288K to $429K. In its most recent filing year (2021), Casa Prac Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $122K in liabilities against $206K in assets (debt-to-asset ratio: 59.3%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2021 | $448K | $429K | $206K | $122K | — | — |
| 2020 | $711K | $709K | $243K | $178K | — | View 990 |
| 2019 | $401K | $396K | $245K | $182K | — | View 990 |
| 2018 | $377K | $370K | $251K | $193K | — | — |
| 2017 | $354K | $351K | $209K | $158K | — | View 990 |
| 2016 | $354K | $356K | $230K | $182K | — | View 990 |
| 2015 | $351K | $330K | $238K | $187K | — | View 990 |
| 2014 | $295K | $285K | $248K | $218K | — | View 990 |
| 2013 | $332K | $363K | $290K | $270K | — | View 990 |
| 2012 | $341K | $318K | $304K | $253K | — | View 990 |
| 2011 | $308K | $288K | $267K | $239K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $448K, expenses of $429K, and assets of $206K (revenue -37.0% year-over-year).
- 2020: Revenue of $711K, expenses of $709K, and assets of $243K (revenue +77.6% year-over-year).
- 2019: Revenue of $401K, expenses of $396K, and assets of $245K (revenue +6.1% year-over-year).
- 2018: Revenue of $377K, expenses of $370K, and assets of $251K (revenue +6.7% year-over-year).
- 2017: Revenue of $354K, expenses of $351K, and assets of $209K (revenue +-0.0% year-over-year).
- 2016: Revenue of $354K, expenses of $356K, and assets of $230K (revenue +0.7% year-over-year).
- 2015: Revenue of $351K, expenses of $330K, and assets of $238K (revenue +19.2% year-over-year).
- 2014: Revenue of $295K, expenses of $285K, and assets of $248K (revenue -11.1% year-over-year).
- 2013: Revenue of $332K, expenses of $363K, and assets of $290K (revenue -2.7% year-over-year).
- 2012: Revenue of $341K, expenses of $318K, and assets of $304K (revenue +10.6% year-over-year).
- 2011: Revenue of $308K, expenses of $288K, and assets of $267K.
Data Sources and Methodology
This transparency report for Casa Prac 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.