Cepa Management Corporation
Cepa Management Corporation frequently operates at a deficit, with fluctuating revenues and assets.
EIN: 205284568 · Pell City, AL · NTEE: A60 · Updated: 2026-03-28
Is Cepa Management Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cepa Management Corporation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cepa Management Corporation
Cepa Management Corporation (EIN: 205284568) is a nonprofit organization based in Pell City, AL, classified under NTEE code A60. The organization reported total revenue of $227K and total assets of $63K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cepa Management Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cepa Management Corporation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $191K |
| Total Expenses | $257K |
| Surplus / Deficit | $-66,411 |
| Total Assets | $18K |
| Total Liabilities | $4K |
| Net Assets | $14K |
| Operating Margin | -34.8% |
| Debt-to-Asset Ratio | 22.4% |
| Months of Reserves | 0.9 months |
Financial Health Grade: C
In 2023, Cepa Management Corporation reported a deficit of $66K with expenses exceeding revenue, holds 0.9 months of operating reserves (limited), has a debt-to-asset ratio of 22.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cepa Management Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.1% | -9.7% | -78.3% |
| 2022 | +98.5% | +33.2% | +99.4% |
| 2021 | -24.5% | -0.3% | -33.8% |
| 2020 | +85.0% | +68.4% | +129.2% |
| 2019 | -8.9% | +2.0% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Cepa Management Corporation with a Mission Score of 65 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, Cepa Management Corporation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $66K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either a volunteer-led executive team or that compensation is not reported under this category, which suggests a highly cost-efficient leadership structure relative to its size.
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 Cepa Management Corporation's IRS 990 filings:
- Frequent operational deficits (e.g., 2023, 2021, 2017, 2016, 2015, 2014)
- Significant fluctuation and recent sharp decline in assets (from $84,064 in 2022 to $18,218 in 2023)
- Inconsistent revenue streams over the past decade, making financial planning challenging
Strengths
The following positive indicators were identified for Cepa Management Corporation:
- Consistent IRS 990 filing history, indicating transparency commitment
- 0% reported officer compensation, suggesting efficient leadership costs
- Long operational history (13 filings provided)
Frequently Asked Questions about Cepa Management Corporation
Is Cepa Management Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cepa Management Corporation (EIN: 205284568) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Cepa Management Corporation spend its money?
Cepa Management Corporation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cepa Management Corporation tax-deductible?
Cepa Management Corporation is registered as a tax-exempt nonprofit (EIN: 205284568). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Cepa Management Corporation cover its recurring operational deficits?
The provided data shows that expenses frequently exceed revenue (e.g., $257,035 expenses vs. $190,624 revenue in 2023). This suggests the organization may be relying on prior year surpluses, grants, or other non-operating income not detailed in the summary to cover these gaps.
What is the specific nature of Cepa Management Corporation's programs given its NTEE code A60?
The NTEE code A60 indicates Community Improvement & Capacity Building. This typically involves activities like community development, neighborhood revitalization, or providing support to other nonprofits. Further details would require reviewing the full 990 forms.
Why did the organization's assets drop significantly from $84,064 in 2022 to $18,218 in 2023?
This substantial decrease in assets could be due to significant capital expenditures, asset depreciation, or the use of reserves to cover operational deficits. A detailed review of the 2023 filing's balance sheet would be necessary to understand the specific reasons.
Filing History
IRS 990 filing history for Cepa Management Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cepa Management Corporation's revenue has grown by 57.5%, moving from $121K to $191K. Total assets decreased by 74.2% over the same period, from $71K to $18K. Total functional expenses rose by 120.4%, from $117K to $257K. In its most recent filing year (2023), Cepa Management Corporation reported a deficit of $66K, with expenses exceeding revenue. The organization holds $4K in liabilities against $18K in assets (debt-to-asset ratio: 22.4%), resulting in net assets of $14K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $191K | $257K | $18K | $4K | — | View 990 |
| 2022 | $353K | $285K | $84K | $4K | — | View 990 |
| 2021 | $178K | $214K | $42K | $30K | — | View 990 |
| 2020 | $236K | $214K | $64K | $16K | — | View 990 |
| 2019 | $128K | $127K | $28K | $2K | — | View 990 |
| 2018 | $140K | $125K | $28K | $2K | — | View 990 |
| 2017 | $146K | $150K | $14K | $4K | — | View 990 |
| 2016 | $91K | $102K | $20K | $5K | — | View 990 |
| 2015 | $105K | $108K | $27K | $779 | — | View 990 |
| 2014 | $116K | $135K | $30K | $781 | — | View 990 |
| 2013 | $109K | $112K | $49K | $783 | — | View 990 |
| 2012 | $102K | $121K | $52K | $2K | — | View 990 |
| 2011 | $121K | $117K | $71K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $191K, expenses of $257K, and assets of $18K (revenue -46.1% year-over-year).
- 2022: Revenue of $353K, expenses of $285K, and assets of $84K (revenue +98.5% year-over-year).
- 2021: Revenue of $178K, expenses of $214K, and assets of $42K (revenue -24.5% year-over-year).
- 2020: Revenue of $236K, expenses of $214K, and assets of $64K (revenue +85.0% year-over-year).
- 2019: Revenue of $128K, expenses of $127K, and assets of $28K (revenue -8.9% year-over-year).
- 2018: Revenue of $140K, expenses of $125K, and assets of $28K (revenue -4.0% year-over-year).
- 2017: Revenue of $146K, expenses of $150K, and assets of $14K (revenue +61.1% year-over-year).
- 2016: Revenue of $91K, expenses of $102K, and assets of $20K (revenue -13.5% year-over-year).
- 2015: Revenue of $105K, expenses of $108K, and assets of $27K (revenue -9.7% year-over-year).
- 2014: Revenue of $116K, expenses of $135K, and assets of $30K (revenue +5.8% year-over-year).
- 2013: Revenue of $109K, expenses of $112K, and assets of $49K (revenue +7.2% year-over-year).
- 2012: Revenue of $102K, expenses of $121K, and assets of $52K (revenue -15.7% year-over-year).
- 2011: Revenue of $121K, expenses of $117K, and assets of $71K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cepa Management Corporation:
Data Sources and Methodology
This transparency report for Cepa Management 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.