Ccrc Development Corporation
Ccrc Development Corporation faces significant operating deficits and high liabilities, raising sustainability concerns.
EIN: 203537708 · Oviedo, FL · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.7M |
| Total Expenses | $12.1M |
| Program Spending | 70% |
| Net Assets | $-20,603,980 |
| Transparency Score | 45/100 |
Search Intent Cockpit
Ccrc Development Corporation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Ccrc Development Corporation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Ccrc Development Corporation in one place.
Form 990 Filing Summary
9 filing years are available, with latest revenue of $6.2M and expenses of $12.1M.
Revenue and Expenses
Ccrc Development Corporation reported $6.2M in revenue and $12.1M in expenses, a deficit of $5.9M.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
45/100 mission score, 4 red flags, and 2 strengths are shown from structured and AI review.
Is Ccrc Development Corporation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $8.5M (70%) |
Across stored filings, Ccrc Development Corporation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 4 red flags identified |
| Mission spend | 70% to programs | Good |
| Financial durability | Grade C | 9 stored filing years |
| Peer context | Compare with Cornelia Warren Community Assn Inc | Florida and Category L context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Cornelia Warren Community Assn Inc →All Florida nonprofits
All Category L
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Oviedo, FL nonprofitsCategory L in Florida
Human Services in Florida
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Category L spending
Best Category L charities in Florida
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Pensacola Beach Elementary School Charter School
Pensacola Bch, FL · $1.2M revenue · Score 92/100
Compare side-by-sideReaching U A Foundation For Uruguay
Key Biscayne, FL · $1.7M revenue · Score 90/100
Compare side-by-sideCornelia Warren Community Assn Inc
Vero Beach, FL · $1.6M revenue · Score 90/100
Compare side-by-sideFlorida Assisted Living Affiliation
Tallahassee, FL · $1.3M revenue · Score 90/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Ccrc Development Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Ccrc Development Corporation
Ccrc Development Corporation (EIN: 203537708) is a nonprofit organization based in Oviedo, FL, classified under NTEE code L22. The organization reported total revenue of $23.7M and total assets of $169.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ccrc Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ccrc Development Corporation is a large nonprofit that has been operating for 12 years, with 9 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 103.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $12.1M |
| Surplus / Deficit | $-5,857,484 |
| Total Assets | $212.0M |
| Total Liabilities | $232.6M |
| Net Assets | $-20,603,980 |
| Operating Margin | -93.9% |
| Debt-to-Asset Ratio | 109.7% |
| Months of Reserves | 210.4 months |
Financial Health Grade: C
In 2022, Ccrc Development Corporation reported a deficit of $5.9M with expenses exceeding revenue, holds 210.4 months of operating reserves (strong position), has a debt-to-asset ratio of 109.7% (high leverage).
Financial Trends
Over 9 years of filings (2015–2022), Ccrc Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 103.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +146543.7% | +437.4% | +17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Ccrc Development Corporation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Ccrc Development Corporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5.9M, with expenses exceeding revenue.
- Debt-to-asset ratio: 109.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no compensation was paid to officers, directors, or trustees, which is a strong positive for financial efficiency in this area.
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 Ccrc Development Corporation's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue, e.g., $12M expenses vs. $6.2M revenue in 2022).
- Liabilities frequently exceed assets (e.g., $232.5M liabilities vs. $211.9M assets in 2022), indicating a highly leveraged financial position.
- Zero revenue reported for multiple years (2018-2020) while still incurring significant expenses.
- Significant fluctuations in assets and liabilities without clear corresponding revenue generation.
Strengths
The following positive indicators were identified for Ccrc Development Corporation:
- Consistently reports 0% officer compensation, indicating efficient use of funds in executive pay.
- Engaged in a capital-intensive mission (Housing Development) which can have significant community impact.
Frequently Asked Questions about Ccrc Development Corporation
Is Ccrc Development Corporation a legitimate charity?
Ccrc Development Corporation (EIN: 203537708) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 45/100. It has 9 years of IRS 990 filings on record. Total revenue: $23.7M. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Ccrc Development Corporation spend its money?
Ccrc Development Corporation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Ccrc Development Corporation tax-deductible?
Ccrc Development Corporation is registered as a tax-exempt nonprofit (EIN: 203537708). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ccrc Development Corporation's spending goes to programs?
Ccrc Development Corporation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Ccrc Development Corporation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Ccrc Development Corporation is near average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ccrc Development Corporation located?
Ccrc Development Corporation is headquartered in Oviedo, Florida and files with the IRS under EIN 203537708. It is classified under NTEE code L22.
How many years of IRS 990 filings does Ccrc Development Corporation have?
Ccrc Development Corporation has 9 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 $23.7M in total revenue.
Is Ccrc Development Corporation financially sustainable given its consistent operating deficits?
The organization has consistently reported expenses exceeding revenue in recent years (e.g., $12M expenses vs. $6.2M revenue in 2022), which raises significant concerns about its long-term financial sustainability without substantial external support or a change in financial strategy.
What is the nature of the large liabilities reported by the organization?
The organization consistently reports very high liabilities, often exceeding its assets (e.g., $232.5M liabilities vs. $211.9M assets in 2022). Given its NTEE code (Housing Development), these likely relate to mortgages, construction loans, or other debt associated with property development and management.
How does the organization cover its operating deficits?
The provided data does not specify how the organization covers its operating deficits. It could be through drawing down reserves, new debt, or other non-operating income sources not detailed in the summary.
Why was there zero revenue reported for several years (2018-2020)?
The filings show zero revenue for periods 201812, 201912, and 202012. This is unusual for an active organization and could indicate a period of dormancy, a change in reporting, or that revenue was recognized in a different entity or period not captured here.
Filing History
IRS 990 filing history for Ccrc Development Corporation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2022), Ccrc Development Corporation's revenue has grown by 14398.6%, moving from $43K to $6.2M. Total assets increased by 36503.8% over the same period, from $579K to $212.0M. In its most recent filing year (2022), Ccrc Development Corporation reported a deficit of $5.9M, with expenses exceeding revenue. The organization holds $232.6M in liabilities against $212.0M in assets (debt-to-asset ratio: 109.7%), resulting in net assets of $-20,603,980.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $6.2M | $12.1M | $212.0M | $232.6M | — | View 990 |
| 2021 | $4K | $2.3M | $181.0M | $191.8M | — | View 990 |
| 2020 | $0 | $2.0M | $177.0M | $185.6M | — | — |
| 2019 | $0 | $2.7M | $171.1M | $177.7M | — | View 990 |
| 2018 | $0 | $2.0M | $21.3M | $24.6M | — | View 990 |
| 2017 | $0 | $0 | $17.9M | $17.6M | — | View 990 |
| 2016 | $15K | $2K | $15.7M | $15.3M | — | View 990 |
| 2015 | $259K | $0 | $954K | $651K | — | View 990 |
| 2015 | $43K | $0 | $579K | $536K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $6.2M, expenses of $12.1M, and assets of $212.0M (revenue +146543.7% year-over-year).
- 2021: Revenue of $4K, expenses of $2.3M, and assets of $181.0M.
- 2020: Revenue of $0, expenses of $2.0M, and assets of $177.0M.
- 2019: Revenue of $0, expenses of $2.7M, and assets of $171.1M.
- 2018: Revenue of $0, expenses of $2.0M, and assets of $21.3M.
- 2017: Revenue of $0, expenses of $0, and assets of $17.9M (revenue -100.0% year-over-year).
- 2016: Revenue of $15K, expenses of $2K, and assets of $15.7M (revenue -94.2% year-over-year).
- 2015: Revenue of $259K, expenses of $0, and assets of $954K (revenue +503.3% year-over-year).
- 2015: Revenue of $43K, expenses of $0, and assets of $579K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ccrc Development Corporation:
Data Sources and Methodology
This transparency report for Ccrc Development Corporation 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.