Columbian Realty Corporation Of Cr Anston
Columbian Realty Corporation: Declining Revenue and Unclear Mission
EIN: 222928366 · Cranston, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $83K |
| Net Assets | $427K |
| Transparency Score | 20/100 |
Is Columbian Realty Corporation Of Cr Anston Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Columbian Realty Corporation Of Cr Anston
Columbian Realty Corporation Of Cr Anston (EIN: 222928366) is a nonprofit organization based in Cranston, RI. The organization reported total revenue of $110K and total assets of $461K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbian Realty Corporation Of Cr Anston's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Columbian Realty Corporation Of Cr Anston is a small nonprofit that has been operating for 38 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 27.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $83K |
| Surplus / Deficit | +$31K |
| Total Assets | $451K |
| Total Liabilities | $24K |
| Net Assets | $427K |
| Operating Margin | 27.0% |
| Debt-to-Asset Ratio | 5.3% |
| Months of Reserves | 65.3 months |
Financial Health Grade: A
In 2023, Columbian Realty Corporation Of Cr Anston reported a surplus of $31K with revenue exceeding expenses, holds 65.3 months of operating reserves (strong position), has a debt-to-asset ratio of 5.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Columbian Realty Corporation Of Cr Anston's revenue has grown at a compound annual growth rate (CAGR) of 27.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.2% | +9.2% | +6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Columbian Realty Corporation Of Cr Anston with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Columbian Realty Corporation Of Cr Anston allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.3%.
Executive Compensation Analysis
Executive compensation cannot be assessed as no compensation data ('c') is provided in the filings, consistently showing 0%.
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 Columbian Realty Corporation Of Cr Anston's IRS 990 filings:
- Consistent negative revenue in multiple years (e.g., -$9,491 in 2020, -$12,061 in 2018) suggests potential operational issues or unusual accounting practices.
- The 'nt' field being '?' indicates a lack of transparency regarding the organization's core activities or mission.
- Zero reported expenses ('x') in several years (e.g., 2019, 2018, 2017) is highly unusual for an active organization and raises concerns about financial reporting accuracy.
- The absence of any reported compensation ('c') for all years provided, while possible, is uncommon for an organization with assets of over $400,000.
- The significant drop in revenue from $324,838 in 2015 to negative figures in subsequent years without clear explanation is a major red flag.
Strengths
The following positive indicators were identified for Columbian Realty Corporation Of Cr Anston:
- The organization maintains substantial assets, with $460,718 in 2023, indicating a solid asset base despite revenue challenges.
Frequently Asked Questions about Columbian Realty Corporation Of Cr Anston
Is Columbian Realty Corporation Of Cr Anston a legitimate charity?
Based on AI analysis of IRS 990 filings, Columbian Realty Corporation Of Cr Anston (EIN: 222928366) significant concerns. Mission Score: 20/100. 5 red flags identified, 1 strength noted.
How does Columbian Realty Corporation Of Cr Anston spend its money?
Detailed spending breakdown data is not yet available for Columbian Realty Corporation Of Cr Anston. Check back for updated IRS 990 analysis.
Are donations to Columbian Realty Corporation Of Cr Anston tax-deductible?
Columbian Realty Corporation Of Cr Anston is registered as a tax-exempt nonprofit (EIN: 222928366). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Columbian Realty Corporation Of Cr Anston located?
Columbian Realty Corporation Of Cr Anston is headquartered in Cranston, Rhode Island and files with the IRS under EIN 222928366.
How many years of IRS 990 filings does Columbian Realty Corporation Of Cr Anston have?
Columbian Realty Corporation Of Cr Anston has 12 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 $110K in total revenue.
What does Columbian Realty Corporation Of Cr Anston do?
Columbian Realty Corporation Of Cr Anston is a nonprofit organization in the Unknown sector, located in Cranston, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Columbian Realty Corporation Of Cr Anston have?
Columbian Realty Corporation Of Cr Anston reported total revenue of $109,944. Based on 12 IRS 990 filings on record.
What are Columbian Realty Corporation Of Cr Anston's total assets?
Columbian Realty Corporation Of Cr Anston holds total assets of $460,718 as reported in IRS 990 filings.
Where is Columbian Realty Corporation Of Cr Anston located?
Columbian Realty Corporation Of Cr Anston is based in Cranston, Rhode Island.
What is Columbian Realty Corporation Of Cr Anston's EIN?
Columbian Realty Corporation Of Cr Anston's Employer Identification Number (EIN) is 222928366. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Columbian Realty Corporation Of Cr Anston?
Columbian Realty Corporation Of Cr Anston is classified under NTEE code Unknown (Unknown).
Is Columbian Realty Corporation Of Cr Anston a registered 501(c)(3)?
Columbian Realty Corporation Of Cr Anston appears in IRS records (EIN: 222928366). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Columbian Realty Corporation Of Cr Anston file IRS Form 990?
Yes, Columbian Realty Corporation Of Cr Anston has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Columbian Realty Corporation Of Cr Anston's revenue in 2023?
In the 202312 filing period, Columbian Realty Corporation Of Cr Anston reported total revenue of $113,524, total expenses of $82,911, and net assets of $451,459.
Is Columbian Realty Corporation Of Cr Anston's revenue growing or declining?
Columbian Realty Corporation Of Cr Anston's revenue is growing. Revenue went from $81,565 (202212) to $113,524 (202312), a +39.2% change. Based on 12 filings on record.
What is Columbian Realty Corporation Of Cr Anston's most recent 990 filing?
The most recent IRS Form 990 filing for Columbian Realty Corporation Of Cr Anston covers tax period 202312. It shows revenue of $113,524, expenses of $82,911, total assets of $451,459, and liabilities of $24,072.
Is Columbian Realty Corporation Of Cr Anston a trustworthy charity?
Based on AI analysis of IRS 990 data, Columbian Realty Corporation Of Cr Anston has notable concerns. Mission Score: 20/100 (Poor). 5 red flags identified. 1 strength noted.
What are the red flags for Columbian Realty Corporation Of Cr Anston?
The following concerns were identified: Consistent negative revenue in multiple years (e.g., -$9,491 in 2020, -$12,061 in 2018) suggests potential operational issues or unusual accounting practices.. The 'nt' field being '?' indicates a lack of transparency regarding the organization's core activities or mission.. Zero reported expenses ('x') in several years (e.g., 2019, 2018, 2017) is highly unusual for an active organization and raises concerns about financial reporting accuracy.. The absence of any reported compensation ('c') for all years provided, while possible, is uncommon for an organization with assets of over $400,000.. The significant drop in revenue from $324,838 in 2015 to negative figures in subsequent years without clear explanation is a major red flag.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Columbian Realty Corporation Of Cr Anston's strengths?
Positive indicators for Columbian Realty Corporation Of Cr Anston include: The organization maintains substantial assets, with $460,718 in 2023, indicating a solid asset base despite revenue challenges.. These findings are derived from AI analysis of the organization's financial filings.
How does Columbian Realty Corporation Of Cr Anston compensate executives?
Executive compensation cannot be assessed as no compensation data ('c') is provided in the filings, consistently showing 0%. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent negative revenue and zero reported expenses in several years, what are the primary activities or financial mechanisms sustaining Columbian Realty Corporation of Cranston?
The data suggests the organization may be primarily holding assets rather than engaging in active revenue-generating or programmatic activities, or there are significant gaps in the provided financial reporting that obscure its true operations. The consistent asset base despite revenue fluctuations points towards asset management or holding rather than active program delivery.
How does an organization with '?' for its nonprofit type and zero reported expenses justify its nonprofit status and maintain its asset base?
Without a clear nonprofit type or reported expenses, it's difficult to ascertain the organization's charitable purpose or how it fulfills its mission. It might be a holding entity for another nonprofit, or its activities are not reflected in the provided expense data, which warrants further investigation into its tax filings and operational structure.
Filing History
IRS 990 filing history for Columbian Realty Corporation Of Cr Anston showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Columbian Realty Corporation Of Cr Anston's revenue has grown by 1678.5%, moving from $6K to $114K. Total assets increased by 163.4% over the same period, from $171K to $451K. In its most recent filing year (2023), Columbian Realty Corporation Of Cr Anston reported a surplus of $31K, with revenue exceeding expenses. The organization holds $24K in liabilities against $451K in assets (debt-to-asset ratio: 5.3%), resulting in net assets of $427K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $114K | $83K | $451K | $24K | — | — |
| 2022 | $82K | $76K | $425K | $28K | — | — |
| 2020 | $-9,491 | $0 | $431K | $41K | — | — |
| 2019 | $-9,158 | $0 | $443K | $43K | — | View 990 |
| 2018 | $-12,061 | $0 | $454K | $45K | — | View 990 |
| 2017 | $-16,174 | $0 | $467K | $46K | — | View 990 |
| 2016 | $-39,696 | $0 | $480K | $43K | — | View 990 |
| 2015 | $325K | $0 | $477K | $0 | — | View 990 |
| 2014 | $4K | $0 | $165K | $13K | — | View 990 |
| 2013 | $3K | $0 | $165K | $17K | — | View 990 |
| 2012 | $8K | $0 | $165K | $20K | — | View 990 |
| 2011 | $6K | $0 | $171K | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $114K, expenses of $83K, and assets of $451K (revenue +39.2% year-over-year).
- 2022: Revenue of $82K, expenses of $76K, and assets of $425K.
- 2020: Revenue of $-9,491, expenses of $0, and assets of $431K.
- 2019: Revenue of $-9,158, expenses of $0, and assets of $443K.
- 2018: Revenue of $-12,061, expenses of $0, and assets of $454K.
- 2017: Revenue of $-16,174, expenses of $0, and assets of $467K.
- 2016: Revenue of $-39,696, expenses of $0, and assets of $480K (revenue -112.2% year-over-year).
- 2015: Revenue of $325K, expenses of $0, and assets of $477K (revenue +7426.4% year-over-year).
- 2014: Revenue of $4K, expenses of $0, and assets of $165K (revenue +61.2% year-over-year).
- 2013: Revenue of $3K, expenses of $0, and assets of $165K (revenue -64.9% year-over-year).
- 2012: Revenue of $8K, expenses of $0, and assets of $165K (revenue +19.5% year-over-year).
- 2011: Revenue of $6K, expenses of $0, and assets of $171K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Columbian Realty Corporation Of Cr Anston:
Data Sources and Methodology
This transparency report for Columbian Realty Corporation Of Cr Anston 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.