Center For The Creative Arts Inc
EIN: 510255687 · Yorklyn, DE · NTEE: A250
| Metric | Value |
|---|---|
| Total Revenue | $664K |
| Total Expenses | $524K |
| Net Assets | $574K |
Is Center For The Creative Arts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Center For The Creative Arts Inc
Center For The Creative Arts Inc (EIN: 510255687) is a nonprofit organization based in Yorklyn, DE, classified under NTEE code A250. The organization reported total revenue of $664K and total assets of $917K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Center For The Creative Arts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Center For The Creative Arts Inc is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $553K |
| Total Expenses | $524K |
| Surplus / Deficit | +$29K |
| Total Assets | $771K |
| Total Liabilities | $196K |
| Net Assets | $574K |
| Operating Margin | 5.2% |
| Debt-to-Asset Ratio | 25.5% |
| Months of Reserves | 17.6 months |
Financial Health Grade: A
In 2023, Center For The Creative Arts Inc reported a surplus of $29K with revenue exceeding expenses, holds 17.6 months of operating reserves (strong position), has a debt-to-asset ratio of 25.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Center For The Creative Arts Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.3% | +24.6% | -2.0% |
| 2022 | -18.3% | +11.9% | +23.0% |
| 2021 | +78.9% | +9.8% | +100.5% |
| 2020 | +18.0% | -10.3% | +5.3% |
| 2019 | -0.2% | -22.1% | -14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Center For The Creative Arts 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 Center For The Creative Arts 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 surplus of $29K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.5%.
Frequently Asked Questions about Center For The Creative Arts Inc
Is Center For The Creative Arts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Center For The Creative Arts Inc (EIN: 510255687) insufficient data. 0 red flags identified, 0 strengths noted.
How does Center For The Creative Arts Inc spend its money?
Detailed spending breakdown data is not yet available for Center For The Creative Arts Inc. Check back for updated IRS 990 analysis.
Are donations to Center For The Creative Arts Inc tax-deductible?
Center For The Creative Arts Inc is registered as a tax-exempt nonprofit (EIN: 510255687). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Center For The Creative Arts Inc located?
Center For The Creative Arts Inc is headquartered in Yorklyn, Delaware and files with the IRS under EIN 510255687. It is classified under NTEE code A250.
How many years of IRS 990 filings does Center For The Creative Arts Inc have?
Center For The Creative Arts 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 $664K in total revenue.
Filing History
IRS 990 filing history for Center For The Creative Arts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Center For The Creative Arts Inc's revenue has grown by 36.2%, moving from $406K to $553K. Total assets decreased by 44.7% over the same period, from $1.4M to $771K. Total functional expenses fell by 11.2%, from $590K to $524K. In its most recent filing year (2023), Center For The Creative Arts Inc reported a surplus of $29K, with revenue exceeding expenses. The organization holds $196K in liabilities against $771K in assets (debt-to-asset ratio: 25.5%), resulting in net assets of $574K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $553K | $524K | $771K | $196K | — | — |
| 2022 | $566K | $421K | $787K | $256K | — | View 990 |
| 2021 | $692K | $376K | $639K | $251K | — | View 990 |
| 2020 | $387K | $342K | $319K | $247K | — | — |
| 2019 | $328K | $382K | $303K | $275K | — | View 990 |
| 2018 | $329K | $490K | $352K | $271K | — | View 990 |
| 2017 | $324K | $489K | $517K | $274K | — | View 990 |
| 2016 | $364K | $537K | $740K | $283K | — | View 990 |
| 2015 | $619K | $560K | $917K | $286K | — | View 990 |
| 2014 | $394K | $540K | $988K | $416K | — | View 990 |
| 2013 | $440K | $568K | $1.1M | $296K | — | View 990 |
| 2012 | $430K | $565K | $1.2M | $306K | — | View 990 |
| 2011 | $406K | $590K | $1.4M | $329K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $553K, expenses of $524K, and assets of $771K (revenue -2.3% year-over-year).
- 2022: Revenue of $566K, expenses of $421K, and assets of $787K (revenue -18.3% year-over-year).
- 2021: Revenue of $692K, expenses of $376K, and assets of $639K (revenue +78.9% year-over-year).
- 2020: Revenue of $387K, expenses of $342K, and assets of $319K (revenue +18.0% year-over-year).
- 2019: Revenue of $328K, expenses of $382K, and assets of $303K (revenue -0.2% year-over-year).
- 2018: Revenue of $329K, expenses of $490K, and assets of $352K (revenue +1.6% year-over-year).
- 2017: Revenue of $324K, expenses of $489K, and assets of $517K (revenue -11.0% year-over-year).
- 2016: Revenue of $364K, expenses of $537K, and assets of $740K (revenue -41.3% year-over-year).
- 2015: Revenue of $619K, expenses of $560K, and assets of $917K (revenue +56.9% year-over-year).
- 2014: Revenue of $394K, expenses of $540K, and assets of $988K (revenue -10.3% year-over-year).
- 2013: Revenue of $440K, expenses of $568K, and assets of $1.1M (revenue +2.4% year-over-year).
- 2012: Revenue of $430K, expenses of $565K, and assets of $1.2M (revenue +5.8% year-over-year).
- 2011: Revenue of $406K, expenses of $590K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Center For The Creative Arts Inc:
Data Sources and Methodology
This transparency report for Center For The Creative Arts 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.