Causewave Community Partners Inc
Causewave Community Partners experiences significant revenue volatility and deficit spending in 2022 after strong 2021 growth.
EIN: 160741816 · Rochester, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $1.2M |
| Program Spending | 75% |
| Net Assets | $752K |
| Transparency Score | 70/100 |
Is Causewave Community Partners Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Causewave Community Partners Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Causewave Community Partners Inc
Causewave Community Partners Inc (EIN: 160741816) is a nonprofit organization based in Rochester, NY. The organization reported total revenue of $2.6M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Causewave Community Partners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Causewave Community Partners Inc is a mid-size nonprofit that has been operating for 74 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $725K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-473,479 |
| Total Assets | $829K |
| Total Liabilities | $77K |
| Net Assets | $752K |
| Operating Margin | -65.3% |
| Debt-to-Asset Ratio | 9.3% |
| Months of Reserves | 8.3 months |
Financial Health Grade: B
In 2022, Causewave Community Partners Inc reported a deficit of $473K with expenses exceeding revenue, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 9.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Causewave Community Partners Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -59.1% | +8.9% | -41.9% |
| 2021 | +57.5% | +3.0% | +78.4% |
| 2020 | +18.2% | +11.2% | +45.2% |
| 2019 | +1.4% | +11.2% | -8.9% |
| 2018 | -4.2% | +11.6% | +30.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1952 |
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 Causewave Community Partners Inc with a Mission Score of 70 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, Causewave Community Partners 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.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $473K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.3%.
Executive Compensation Analysis
Causewave Community Partners consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or compensation structured in a way that is not reported in this specific category on the 990.
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 Causewave Community Partners Inc's IRS 990 filings:
- Significant revenue volatility, with a sharp decline from $1,774,359 in 2021 to $725,248 in 2022.
- Deficit spending in 2022, where expenses ($1,198,727) significantly exceeded revenue ($725,248) by $473,479.
- Deficit spending in 2019, where expenses ($960,956) exceeded revenue ($953,085).
Strengths
The following positive indicators were identified for Causewave Community Partners Inc:
- Consistent IRS 990 filing history over 12 periods, indicating good compliance.
- No reported officer compensation, suggesting potential for low administrative overhead in that specific category.
- Demonstrated capacity for significant revenue generation, as seen in the $1,774,359 revenue in 2021.
Frequently Asked Questions about Causewave Community Partners Inc
Is Causewave Community Partners Inc a legitimate charity?
Causewave Community Partners Inc (EIN: 160741816) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.6M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Causewave Community Partners Inc spend its money?
Causewave Community Partners Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Causewave Community Partners Inc tax-deductible?
Causewave Community Partners Inc is registered as a tax-exempt nonprofit (EIN: 160741816). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Causewave Community Partners Inc's spending goes to programs?
Causewave Community Partners Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Causewave Community Partners Inc located?
Causewave Community Partners Inc is headquartered in Rochester, New York and files with the IRS under EIN 160741816.
How many years of IRS 990 filings does Causewave Community Partners Inc have?
Causewave Community Partners Inc has 12 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 $2.6M in total revenue.
What caused the significant revenue drop from $1,774,359 in 2021 to $725,248 in 2022?
The IRS 990 data shows a substantial decrease in revenue, but the specific reasons for this fluctuation are not detailed in the summary provided and would require reviewing the full 990 forms for explanations like changes in grants, contributions, or program service revenue.
How does Causewave Community Partners Inc fund its executive leadership if officer compensation is consistently 0%?
The consistent reporting of 0% officer compensation suggests that either the organization's leadership is entirely volunteer-based, or their compensation is categorized differently within the 990, such as through independent contractor fees or other salaries, which would require a deeper dive into the full financial statements.
What is the organization's strategy for addressing periods of deficit spending, such as the $473,479 deficit in 2022?
The provided data indicates that expenses exceeded revenue in 2022 and 2019. The organization's strategy for managing these deficits, whether through reserves, future fundraising, or expense reductions, is not detailed in this summary and would be crucial for assessing long-term financial health.
Filing History
IRS 990 filing history for Causewave Community Partners Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Causewave Community Partners Inc's revenue has grown by 74.2%, moving from $416K to $725K. Total assets increased by 276.6% over the same period, from $220K to $829K. Total functional expenses rose by 157.3%, from $466K to $1.2M. In its most recent filing year (2022), Causewave Community Partners Inc reported a deficit of $473K, with expenses exceeding revenue. The organization holds $77K in liabilities against $829K in assets (debt-to-asset ratio: 9.3%), resulting in net assets of $752K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $725K | $1.2M | $829K | $77K | — | View 990 |
| 2021 | $1.8M | $1.1M | $1.4M | $189K | — | View 990 |
| 2020 | $1.1M | $1.1M | $800K | $243K | — | View 990 |
| 2019 | $953K | $961K | $551K | $62K | — | View 990 |
| 2018 | $940K | $864K | $605K | $116K | — | View 990 |
| 2017 | $981K | $774K | $465K | $47K | — | View 990 |
| 2016 | $717K | $734K | $237K | $37K | — | View 990 |
| 2015 | $659K | $642K | $275K | $63K | — | View 990 |
| 2014 | $660K | $614K | $265K | $69K | — | View 990 |
| 2013 | $447K | $482K | $206K | $58K | — | View 990 |
| 2012 | $433K | $444K | $189K | $14K | — | View 990 |
| 2011 | $416K | $466K | $220K | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $725K, expenses of $1.2M, and assets of $829K (revenue -59.1% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.1M, and assets of $1.4M (revenue +57.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $800K (revenue +18.2% year-over-year).
- 2019: Revenue of $953K, expenses of $961K, and assets of $551K (revenue +1.4% year-over-year).
- 2018: Revenue of $940K, expenses of $864K, and assets of $605K (revenue -4.2% year-over-year).
- 2017: Revenue of $981K, expenses of $774K, and assets of $465K (revenue +36.9% year-over-year).
- 2016: Revenue of $717K, expenses of $734K, and assets of $237K (revenue +8.8% year-over-year).
- 2015: Revenue of $659K, expenses of $642K, and assets of $275K (revenue -0.2% year-over-year).
- 2014: Revenue of $660K, expenses of $614K, and assets of $265K (revenue +47.5% year-over-year).
- 2013: Revenue of $447K, expenses of $482K, and assets of $206K (revenue +3.2% year-over-year).
- 2012: Revenue of $433K, expenses of $444K, and assets of $189K (revenue +4.1% year-over-year).
- 2011: Revenue of $416K, expenses of $466K, and assets of $220K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Causewave Community Partners Inc:
Data Sources and Methodology
This transparency report for Causewave Community Partners 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.