Claywood Event Center Inc
EIN: 812467979 · Nappanee, IN · NTEE: X20
Is Claywood Event Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Claywood Event Center Inc
Claywood Event Center Inc (EIN: 812467979) is a nonprofit organization based in Nappanee, IN, classified under NTEE code X20. The organization reported total revenue of $189K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Claywood Event Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Claywood Event Center Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -16.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $162K |
| Surplus / Deficit | +$13K |
| Total Assets | $1.1M |
| Total Liabilities | $500K |
| Net Assets | $642K |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 43.8% |
| Months of Reserves | 84.9 months |
Financial Health Grade: A
In 2023, Claywood Event Center Inc reported a surplus of $13K with revenue exceeding expenses, holds 84.9 months of operating reserves (strong position), has a debt-to-asset ratio of 43.8% (moderate leverage).
Financial Trends
Over 7 years of filings (2017–2023), Claywood Event Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.5% | +7.1% | -5.7% |
| 2022 | +0.1% | -7.2% | -6.2% |
| 2021 | +5.0% | +1.3% | -6.0% |
| 2020 | -3.2% | +8.1% | -4.9% |
| 2019 | +75.6% | +49.7% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Claywood Event Center 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 Claywood Event Center 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 $13K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.8%.
Frequently Asked Questions about Claywood Event Center Inc
Is Claywood Event Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Claywood Event Center Inc (EIN: 812467979) insufficient data. 0 red flags identified, 0 strengths noted.
How does Claywood Event Center Inc spend its money?
Detailed spending breakdown data is not yet available for Claywood Event Center Inc. Check back for updated IRS 990 analysis.
Are donations to Claywood Event Center Inc tax-deductible?
Claywood Event Center Inc is registered as a tax-exempt nonprofit (EIN: 812467979). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Claywood Event Center Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Claywood Event Center Inc's revenue has declined by 66.6%, moving from $523K to $175K. Total assets increased by 47.7% over the same period, from $774K to $1.1M. Total functional expenses rose by 4147%, from $4K to $162K. In its most recent filing year (2023), Claywood Event Center Inc reported a surplus of $13K, with revenue exceeding expenses. The organization holds $500K in liabilities against $1.1M in assets (debt-to-asset ratio: 43.8%), resulting in net assets of $642K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $162K | $1.1M | $500K | — | — |
| 2022 | $185K | $151K | $1.2M | $583K | — | — |
| 2021 | $185K | $162K | $1.3M | $697K | — | — |
| 2020 | $176K | $160K | $1.4M | $802K | — | — |
| 2019 | $182K | $148K | $1.4M | $888K | — | View 990 |
| 2018 | $104K | $99K | $1.5M | $997K | — | View 990 |
| 2017 | $523K | $4K | $774K | $254K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $162K, and assets of $1.1M (revenue -5.5% year-over-year).
- 2022: Revenue of $185K, expenses of $151K, and assets of $1.2M (revenue +0.1% year-over-year).
- 2021: Revenue of $185K, expenses of $162K, and assets of $1.3M (revenue +5.0% year-over-year).
- 2020: Revenue of $176K, expenses of $160K, and assets of $1.4M (revenue -3.2% year-over-year).
- 2019: Revenue of $182K, expenses of $148K, and assets of $1.4M (revenue +75.6% year-over-year).
- 2018: Revenue of $104K, expenses of $99K, and assets of $1.5M (revenue -80.2% year-over-year).
- 2017: Revenue of $523K, expenses of $4K, and assets of $774K.
Data Sources and Methodology
This transparency report for Claywood Event Center 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.