Claudias & Eddies Place Nfp
Claudias & Eddies Place Nfp experiences revenue growth but faces a deficit and increased liabilities in 2023.
EIN: 208936995 · Hazel Crest, IL · NTEE: F20 · Updated: 2026-03-28
Is Claudias & Eddies Place Nfp Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Claudias & Eddies Place Nfp directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Claudias & Eddies Place Nfp
Claudias & Eddies Place Nfp (EIN: 208936995) is a nonprofit organization based in Hazel Crest, IL, classified under NTEE code F20. The organization reported total revenue of $388K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Claudias & Eddies Place Nfp'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 Claudias & Eddies Place Nfp with a Mission Score of 75 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, Claudias & Eddies Place Nfp 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
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is a strong positive for minimizing administrative overhead.
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 Claudias & Eddies Place Nfp's IRS 990 filings:
- Liabilities ($105,057) exceeding assets ($73,118) in 2023, indicating potential solvency concerns.
- Operating deficit in 2023, with expenses ($404,522) surpassing revenue ($388,331).
- Lack of detailed program spending breakdown in available data, making impact assessment challenging.
Strengths
The following positive indicators were identified for Claudias & Eddies Place Nfp:
- Consistent revenue growth over the past decade, from $101,220 in 2015 to $388,331 in 2023.
- Reported 0% officer compensation across all filings, indicating low executive overhead.
- Long operational history with 14 IRS 990 filings, suggesting stability and commitment.
- Positive net income in most years prior to 2023, demonstrating historical financial management.
Frequently Asked Questions about Claudias & Eddies Place Nfp
Is Claudias & Eddies Place Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Claudias & Eddies Place Nfp (EIN: 208936995) some concerns. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
How does Claudias & Eddies Place Nfp spend its money?
Claudias & Eddies Place Nfp directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Claudias & Eddies Place Nfp tax-deductible?
Claudias & Eddies Place Nfp is registered as a tax-exempt nonprofit (EIN: 208936995). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in liabilities to $105,057 in 2023, especially given assets of $73,118?
The 2023 filing shows liabilities significantly increased from $12,730 in 2022 to $105,057, surpassing the organization's total assets. This could indicate new debt, deferred revenue, or other short-term obligations that need to be understood for a complete financial picture.
How does Claudias & Eddies Place Nfp manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests a highly dedicated volunteer leadership or that key personnel are compensated through other means not classified as officer compensation, which is unusual for an organization with nearly $400,000 in annual revenue.
What specific programs does Claudias & Eddies Place Nfp fund with its revenue?
While the NTEE code F20 indicates 'Residential Care & Adult Day Programs', the filings do not provide detailed breakdowns of program spending, making it difficult to assess the specific impact of their activities.
What is the plan to address the 2023 operating deficit where expenses ($404,522) exceeded revenue ($388,331)?
The organization incurred a deficit in 2023, which, if continued, could impact its long-term sustainability. Understanding the cause and the strategy to return to a surplus is crucial.
Filing History
IRS 990 filing history for Claudias & Eddies Place Nfp showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Claudias & Eddies Place Nfp's revenue has grown by 1331.3%, moving from $27K to $388K. Total assets increased by 456887.5% over the same period, from $16 to $73K. Total functional expenses rose by 1223.1%, from $31K to $405K. In its most recent filing year (2023), Claudias & Eddies Place Nfp reported a deficit of $16K, with expenses exceeding revenue. The organization holds $105K in liabilities against $73K in assets (debt-to-asset ratio: 143.7%), resulting in net assets of $-31,939.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $388K | $405K | $73K | $105K | — | — |
| 2022 | $371K | $339K | $85K | $13K | — | View 990 |
| 2021 | $342K | $284K | $60K | $19K | — | View 990 |
| 2020 | $271K | $266K | $67K | $927 | — | View 990 |
| 2019 | $185K | $169K | $65K | $3K | — | View 990 |
| 2018 | $141K | $119K | $54K | $8K | — | View 990 |
| 2017 | $145K | $120K | $33K | $10K | — | View 990 |
| 2016 | $117K | $113K | $4K | $0 | — | View 990 |
| 2015 | $101K | $111K | $5K | $4K | — | View 990 |
| 2014 | $123K | $116K | $8K | $0 | — | View 990 |
| 2013 | $149K | $135K | $8K | $7K | — | View 990 |
| 2012 | $68K | $73K | $130 | $13K | — | — |
| 2011 | $43K | $47K | $168 | $8K | — | View 990 |
| 2010 | $27K | $31K | $16 | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $388K, expenses of $405K, and assets of $73K (revenue +4.8% year-over-year).
- 2022: Revenue of $371K, expenses of $339K, and assets of $85K (revenue +8.4% year-over-year).
- 2021: Revenue of $342K, expenses of $284K, and assets of $60K (revenue +26.2% year-over-year).
- 2020: Revenue of $271K, expenses of $266K, and assets of $67K (revenue +46.7% year-over-year).
- 2019: Revenue of $185K, expenses of $169K, and assets of $65K (revenue +30.8% year-over-year).
- 2018: Revenue of $141K, expenses of $119K, and assets of $54K (revenue -2.6% year-over-year).
- 2017: Revenue of $145K, expenses of $120K, and assets of $33K (revenue +23.6% year-over-year).
- 2016: Revenue of $117K, expenses of $113K, and assets of $4K (revenue +15.8% year-over-year).
- 2015: Revenue of $101K, expenses of $111K, and assets of $5K (revenue -17.8% year-over-year).
- 2014: Revenue of $123K, expenses of $116K, and assets of $8K (revenue -17.6% year-over-year).
- 2013: Revenue of $149K, expenses of $135K, and assets of $8K (revenue +120.8% year-over-year).
- 2012: Revenue of $68K, expenses of $73K, and assets of $130 (revenue +55.6% year-over-year).
- 2011: Revenue of $43K, expenses of $47K, and assets of $168 (revenue +60.2% year-over-year).
- 2010: Revenue of $27K, expenses of $31K, and assets of $16.
Data Sources and Methodology
This transparency report for Claudias & Eddies Place Nfp 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.