Cccp Community Trust
Cccp Community Trust frequently operates at a deficit, with expenses exceeding revenue in 7 of the last 10 years, despite no reported officer compensation.
EIN: 10554275 · Charlotte, NC · NTEE: A60 · Updated: 2026-03-28
Is Cccp Community Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cccp Community Trust directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cccp Community Trust
Cccp Community Trust (EIN: 10554275) is a nonprofit organization based in Charlotte, NC, classified under NTEE code A60. The organization reported total revenue of $3.9M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cccp Community Trust'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 Cccp Community Trust 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: 80%
- fundraising: 5%
According to IRS 990 filings, Cccp Community Trust allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Cccp Community Trust consistently reports 0% officer compensation across all 13 filings, indicating that no compensation is paid to its officers, which is highly unusual for an organization of its size with latest revenue of $3,876,031 and assets of $4,361,263.
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 Cccp Community Trust's IRS 990 filings:
- Frequent operational deficits: Expenses exceeded revenue in 7 out of the last 10 reported periods, including a $915,114 deficit in 2023.
- Significant revenue fluctuations: Revenue has varied widely, from a low of $716,256 in 2014 to a high of $5,842,596 in 2021, indicating potential instability in funding sources.
- Unusual 0% officer compensation: While positive for efficiency, it's highly uncommon for an organization of this scale to report no officer compensation, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Cccp Community Trust:
- Consistent IRS 990 filing history: 13 filings demonstrate a commitment to transparency and compliance.
- No reported officer compensation: This indicates a strong commitment to minimizing executive overhead and maximizing resources for the mission.
- Significant asset growth: Total assets have grown to $4,361,263, providing a financial buffer despite operational deficits.
- Mission-aligned NTEE code: A60 (Community Development Corporations) suggests a clear focus on community benefit.
Frequently Asked Questions about Cccp Community Trust
Is Cccp Community Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Cccp Community Trust (EIN: 10554275) some concerns. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
How does Cccp Community Trust spend its money?
Cccp Community Trust directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cccp Community Trust tax-deductible?
Cccp Community Trust is registered as a tax-exempt nonprofit (EIN: 10554275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cccp Community Trust a good charity?
Cccp Community Trust shows dedication to its mission through its NTEE code (Community Development Corporations) and zero reported officer compensation. However, its frequent operational deficits, where expenses exceeded revenue in 7 out of the last 10 years, raise concerns about long-term financial sustainability. Donors should consider if these deficits are part of a strategic plan or indicate financial instability.
Why does Cccp Community Trust frequently run a deficit?
The filings show that Cccp Community Trust's expenses have exceeded its revenue in multiple periods, including a significant deficit of over $900,000 in 2023 ($2,758,404 revenue vs. $3,673,518 expenses). The reasons for these recurring deficits are not detailed in the provided summary but could stem from ambitious program spending, fluctuating grant cycles, or challenges in fundraising.
How does Cccp Community Trust manage its finances with no officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size. This could mean that leadership roles are filled by volunteers, or compensation is structured in a way that isn't reported as 'officer compensation' on the 990, such as through a management company or as general staff salaries. Further investigation into their operational structure would be needed to understand this.
Filing History
IRS 990 filing history for Cccp Community Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cccp Community Trust's revenue has grown by 535.3%, moving from $434K to $2.8M. Total assets increased by 3693.4% over the same period, from $61K to $2.3M. Total functional expenses rose by 741.5%, from $437K to $3.7M. In its most recent filing year (2023), Cccp Community Trust reported a deficit of $915K, with expenses exceeding revenue. The organization holds $499K in liabilities against $2.3M in assets (debt-to-asset ratio: 21.7%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $3.7M | $2.3M | $499K | — | View 990 |
| 2022 | $3.5M | $4.7M | $2.3M | $277K | — | View 990 |
| 2021 | $5.8M | $5.0M | $3.0M | $298K | — | View 990 |
| 2020 | $2.2M | $1.8M | $2.9M | $1.1M | — | View 990 |
| 2019 | $3.6M | $3.9M | $1.8M | $301K | — | View 990 |
| 2018 | $2.1M | $2.1M | $2.0M | $203K | — | View 990 |
| 2017 | $1.8M | $1.8M | $1.9M | $161K | — | View 990 |
| 2016 | $1.1M | $1.7M | $2.0M | $186K | — | View 990 |
| 2015 | $1.9M | $1.3M | $2.7M | $285K | — | View 990 |
| 2014 | $716K | $1.1M | $2.2M | $356K | — | View 990 |
| 2013 | $860K | $861K | $2.3M | $52K | — | View 990 |
| 2012 | $3.2M | $622K | $2.7M | $399K | — | View 990 |
| 2011 | $434K | $437K | $61K | $349K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $3.7M, and assets of $2.3M (revenue -20.9% year-over-year).
- 2022: Revenue of $3.5M, expenses of $4.7M, and assets of $2.3M (revenue -40.3% year-over-year).
- 2021: Revenue of $5.8M, expenses of $5.0M, and assets of $3.0M (revenue +167.0% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.8M, and assets of $2.9M (revenue -38.9% year-over-year).
- 2019: Revenue of $3.6M, expenses of $3.9M, and assets of $1.8M (revenue +69.7% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.1M, and assets of $2.0M (revenue +16.7% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.8M, and assets of $1.9M (revenue +61.2% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.7M, and assets of $2.0M (revenue -39.6% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.3M, and assets of $2.7M (revenue +159.0% year-over-year).
- 2014: Revenue of $716K, expenses of $1.1M, and assets of $2.2M (revenue -16.7% year-over-year).
- 2013: Revenue of $860K, expenses of $861K, and assets of $2.3M (revenue -72.8% year-over-year).
- 2012: Revenue of $3.2M, expenses of $622K, and assets of $2.7M (revenue +628.8% year-over-year).
- 2011: Revenue of $434K, expenses of $437K, and assets of $61K.
Data Sources and Methodology
This transparency report for Cccp Community Trust 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.