Community Treasures

Community Treasures maintains stable operations with expenses slightly exceeding revenue in recent years, and no reported officer compensation.

EIN: 201352278 · Friday Harbor, WA · NTEE: C27 · Updated: 2026-03-28

$536KRevenue

$86KAssets

92/100Mission Score (Excellent)

C27

About Community Treasures

Community Treasures (EIN: 201352278) is a nonprofit organization based in Friday Harbor, WA, classified under NTEE code C27. The organization reported total revenue of $536K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Treasures's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Community Treasures demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade, indicating growth in its operations. In the most recent filing (202312), the organization reported revenues of $527,621 against expenses of $553,251, resulting in a slight deficit for the year. This trend of expenses closely matching or slightly exceeding revenue has been observed in several recent periods, such as 202212 and 202012, suggesting tight financial management or a strategy to spend down available funds to support programs. The organization's assets have fluctuated but remained relatively stable in recent years, with $86,530 reported in 202312, providing a modest buffer. The consistent reporting of 0% officer compensation across all filings indicates a strong commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and public trust. Overall, Community Treasures appears to be a financially stable organization, effectively managing its resources to deliver on its mission, though it operates with relatively thin margins.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Community Treasures with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Community Treasures allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Community Treasures reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure, which is highly commendable for a nonprofit of its size, ensuring more funds are directed to its mission.

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 Community Treasures's IRS 990 filings:

Expenses slightly exceeding revenue in recent periods (e.g., 202312 expenses of $553,251 against revenue of $527,621), which could lead to drawing down reserves if not managed.

Strengths

The following positive indicators were identified for Community Treasures:

Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
Significant revenue growth over the past decade, from $3,280 in 201312 to $527,621 in 202312, demonstrating increasing impact and support.
Strong program focus, as evidenced by the estimated high program spending ratio.
Stable asset base, with $86,530 in assets in 202312, providing some financial resilience.

Frequently Asked Questions about Community Treasures

Is Community Treasures a good charity?

Based on the available data, Community Treasures appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to its mission. While expenses have slightly exceeded revenue in some recent years, this could reflect strategic spending on programs rather than financial mismanagement. Its program spending ratio is estimated to be very high.

How has Community Treasures' revenue grown over time?

Community Treasures has experienced significant revenue growth, increasing from $3,280 in 201312 to $527,621 in 202312, demonstrating substantial expansion in its operations and funding over the past decade.

What is Community Treasures' financial stability?

Community Treasures shows reasonable financial stability. While it has operated with slight deficits in some recent years (e.g., 202312 with $527,621 revenue vs. $553,251 expenses), its assets of $86,530 in 202312 provide a modest reserve. The consistent growth in revenue and assets over the long term suggests a sustainable operational model.

Filing History

IRS 990 filing history for Community Treasures showing financial trends over 11 years of public records:

Total assets increased by 501.1% over the same period, from $14K to $87K. In its most recent filing year (2023), Community Treasures reported a deficit of $26K, with expenses exceeding revenue. The organization holds $42K in liabilities against $87K in assets (debt-to-asset ratio: 48.5%), resulting in net assets of $45K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$528K	$553K	$87K	$42K	—	—
2022	$526K	$538K	$100K	$30K	—	—
2021	$499K	$435K	$102K	$19K	—	View 990
2020	$315K	$319K	$61K	$43K	—	—
2019	$254K	$254K	$33K	$14K	—	View 990
2018	$230K	$231K	$34K	$10K	—	View 990
2016	$44K	$25K	$68K	$18K	—	View 990
2015	$23K	$21K	$41K	$12K	—	View 990
2014	$51K	$18K	$35K	$7K	—	View 990
2013	$3K	$47	$20K	$22K	—	View 990
2012	$-4,557	$0	$14K	$19K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $528K, expenses of $553K, and assets of $87K (revenue +0.4% year-over-year).
2022: Revenue of $526K, expenses of $538K, and assets of $100K (revenue +5.3% year-over-year).
2021: Revenue of $499K, expenses of $435K, and assets of $102K (revenue +58.6% year-over-year).
2020: Revenue of $315K, expenses of $319K, and assets of $61K (revenue +24.1% year-over-year).
2019: Revenue of $254K, expenses of $254K, and assets of $33K (revenue +10.5% year-over-year).
2018: Revenue of $230K, expenses of $231K, and assets of $34K (revenue +415.8% year-over-year).
2016: Revenue of $44K, expenses of $25K, and assets of $68K (revenue +92.8% year-over-year).
2015: Revenue of $23K, expenses of $21K, and assets of $41K (revenue -54.8% year-over-year).
2014: Revenue of $51K, expenses of $18K, and assets of $35K (revenue +1455.8% year-over-year).
2013: Revenue of $3K, expenses of $47, and assets of $20K.
2012: Revenue of $-4,557, expenses of $0, and assets of $14K.

Data Sources and Methodology

This transparency report for Community Treasures 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.