Castle Wood Terrace Inc
EIN: 581735494 · Duluth, GA · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Net Assets | $3.5M |
Is Castle Wood Terrace Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Castle Wood Terrace Inc
Castle Wood Terrace Inc (EIN: 581735494) is a nonprofit organization based in Duluth, GA, classified under NTEE code B90. The organization reported total revenue of $1.2M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Castle Wood Terrace Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Castle Wood Terrace Inc is a mid-size nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-110,006 |
| Total Assets | $4.0M |
| Total Liabilities | $474K |
| Net Assets | $3.5M |
| Operating Margin | -10.5% |
| Debt-to-Asset Ratio | 11.8% |
| Months of Reserves | 41.7 months |
Financial Health Grade: B
In 2023, Castle Wood Terrace Inc reported a deficit of $110K with expenses exceeding revenue, holds 41.7 months of operating reserves (strong position), has a debt-to-asset ratio of 11.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Castle Wood Terrace Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.8% | +2.5% | -2.6% |
| 2022 | +3.2% | +5.1% | -3.2% |
| 2021 | +3.2% | -1.7% | -3.0% |
| 2020 | +4.1% | +6.9% | -3.1% |
| 2019 | +3.5% | +3.6% | -2.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Castle Wood Terrace Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Castle Wood Terrace Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $110K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.8%.
Frequently Asked Questions about Castle Wood Terrace Inc
Is Castle Wood Terrace Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Castle Wood Terrace Inc (EIN: 581735494) insufficient data. 0 red flags identified, 0 strengths noted.
How does Castle Wood Terrace Inc spend its money?
Detailed spending breakdown data is not yet available for Castle Wood Terrace Inc. Check back for updated IRS 990 analysis.
Are donations to Castle Wood Terrace Inc tax-deductible?
Castle Wood Terrace Inc is registered as a tax-exempt nonprofit (EIN: 581735494). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Castle Wood Terrace Inc located?
Castle Wood Terrace Inc is headquartered in Duluth, Georgia and files with the IRS under EIN 581735494. It is classified under NTEE code B90.
How many years of IRS 990 filings does Castle Wood Terrace Inc have?
Castle Wood Terrace Inc 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Castle Wood Terrace Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Castle Wood Terrace Inc's revenue has grown by 76.2%, moving from $594K to $1.0M. Total assets decreased by 27.8% over the same period, from $5.6M to $4.0M. Total functional expenses rose by 58.4%, from $730K to $1.2M. In its most recent filing year (2023), Castle Wood Terrace Inc reported a deficit of $110K, with expenses exceeding revenue. The organization holds $474K in liabilities against $4.0M in assets (debt-to-asset ratio: 11.8%), resulting in net assets of $3.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.2M | $4.0M | $474K | — | View 990 |
| 2022 | $990K | $1.1M | $4.1M | $473K | — | View 990 |
| 2021 | $959K | $1.1M | $4.3M | $473K | — | View 990 |
| 2020 | $930K | $1.1M | $4.4M | $490K | — | View 990 |
| 2019 | $893K | $1.0M | $4.5M | $509K | — | View 990 |
| 2018 | $863K | $986K | $4.7M | $505K | — | View 990 |
| 2017 | $822K | $950K | $4.8M | $507K | — | View 990 |
| 2016 | $786K | $923K | $4.9M | $502K | — | View 990 |
| 2015 | $751K | $881K | $5.0M | $495K | — | View 990 |
| 2014 | $710K | $826K | $5.2M | $492K | — | View 990 |
| 2013 | $662K | $802K | $5.3M | $497K | — | View 990 |
| 2012 | $625K | $750K | $5.4M | $508K | — | View 990 |
| 2011 | $594K | $730K | $5.6M | $507K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.2M, and assets of $4.0M (revenue +5.8% year-over-year).
- 2022: Revenue of $990K, expenses of $1.1M, and assets of $4.1M (revenue +3.2% year-over-year).
- 2021: Revenue of $959K, expenses of $1.1M, and assets of $4.3M (revenue +3.2% year-over-year).
- 2020: Revenue of $930K, expenses of $1.1M, and assets of $4.4M (revenue +4.1% year-over-year).
- 2019: Revenue of $893K, expenses of $1.0M, and assets of $4.5M (revenue +3.5% year-over-year).
- 2018: Revenue of $863K, expenses of $986K, and assets of $4.7M (revenue +5.0% year-over-year).
- 2017: Revenue of $822K, expenses of $950K, and assets of $4.8M (revenue +4.6% year-over-year).
- 2016: Revenue of $786K, expenses of $923K, and assets of $4.9M (revenue +4.7% year-over-year).
- 2015: Revenue of $751K, expenses of $881K, and assets of $5.0M (revenue +5.7% year-over-year).
- 2014: Revenue of $710K, expenses of $826K, and assets of $5.2M (revenue +7.3% year-over-year).
- 2013: Revenue of $662K, expenses of $802K, and assets of $5.3M (revenue +5.9% year-over-year).
- 2012: Revenue of $625K, expenses of $750K, and assets of $5.4M (revenue +5.2% year-over-year).
- 2011: Revenue of $594K, expenses of $730K, and assets of $5.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Castle Wood Terrace Inc:
Data Sources and Methodology
This transparency report for Castle Wood Terrace 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.