Craddock Center Inc
Craddock Center Inc maintains strong asset growth and zero officer compensation, indicating efficient resource allocation.
EIN: 10597551 · Cherry Log, GA · NTEE: P20 · Updated: 2026-03-26
Is Craddock Center Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Craddock Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Craddock Center Inc
Craddock Center Inc (EIN: 10597551) is a nonprofit organization based in Cherry Log, GA, classified under NTEE code P20. The organization reported total revenue of $438K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Craddock Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Craddock Center Inc is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $417K |
| Total Expenses | $315K |
| Surplus / Deficit | +$103K |
| Total Assets | $1.8M |
| Total Liabilities | $13K |
| Net Assets | $1.8M |
| Operating Margin | 24.7% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 70.3 months |
Financial Health Grade: A
In 2024, Craddock Center Inc reported a surplus of $103K with revenue exceeding expenses, holds 70.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Craddock Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +42.5% | +12.5% | +15.9% |
| 2023 | -7.5% | +7.6% | +5.3% |
| 2022 | +23.8% | +31.5% | -0.9% |
| 2021 | -11.3% | -34.2% | +27.7% |
| 2020 | +15.3% | -9.5% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2003 |
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 Craddock Center Inc 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, Craddock Center Inc 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $103K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization with over $2 million in assets and nearly $440,000 in annual revenue.
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.
Strengths
The following positive indicators were identified for Craddock Center Inc:
- Consistent asset growth, from $1,083,065 in 2015 to $2,030,019 currently.
- Zero officer compensation reported across all 14 filings, indicating volunteer leadership.
- Expenses consistently lower than revenue in most recent periods, allowing for reserve building (e.g., 202407: Expenses $314,512 vs. Revenue $417,453).
- Low liabilities relative to assets, indicating strong financial health and minimal debt.
- Strong program focus due to minimal administrative and fundraising overhead implied by 0% officer compensation.
Frequently Asked Questions about Craddock Center Inc
Is Craddock Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Craddock Center Inc (EIN: 10597551) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Craddock Center Inc spend its money?
Craddock Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Craddock Center Inc tax-deductible?
Craddock Center Inc is registered as a tax-exempt nonprofit (EIN: 10597551). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Craddock Center Inc a good charity?
Based on the available IRS 990 data, Craddock Center Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings, suggesting a high proportion of funds are directed to programs.
How has Craddock Center Inc's financial stability changed over time?
Craddock Center Inc has shown consistent financial stability and growth. Its assets have steadily increased from $1,083,065 in 2015 to $2,030,019 currently, while liabilities have remained very low, indicating a healthy balance sheet and strong financial management.
What is Craddock Center Inc's approach to executive compensation?
Craddock Center Inc's approach to executive compensation is highly conservative, with 0% reported officer compensation in all available filings. This indicates that the organization's leadership is likely volunteer-based, maximizing the funds available for its programs.
Filing History
IRS 990 filing history for Craddock Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Craddock Center Inc's revenue has grown by 12.5%, moving from $371K to $417K. Total assets increased by 201.9% over the same period, from $610K to $1.8M. Total functional expenses fell by 2.4%, from $322K to $315K. In its most recent filing year (2024), Craddock Center Inc reported a surplus of $103K, with revenue exceeding expenses. The organization holds $13K in liabilities against $1.8M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $417K | $315K | $1.8M | $13K | — | — |
| 2023 | $293K | $279K | $1.6M | $13K | — | View 990 |
| 2022 | $317K | $260K | $1.5M | $9K | — | View 990 |
| 2021 | $256K | $198K | $1.5M | $12K | — | View 990 |
| 2020 | $288K | $300K | $1.2M | $17K | — | View 990 |
| 2019 | $250K | $332K | $1.2M | $3K | — | View 990 |
| 2018 | $304K | $288K | $1.3M | $3K | — | View 990 |
| 2017 | $272K | $307K | $1.3M | $6K | — | View 990 |
| 2016 | $480K | $281K | $1.3M | $5K | — | View 990 |
| 2015 | $557K | $258K | $1.1M | $9K | — | View 990 |
| 2014 | $107K | $120K | $767K | $8K | — | View 990 |
| 2013 | $310K | $242K | $779K | $14K | — | View 990 |
| 2012 | $305K | $296K | $618K | $2K | — | View 990 |
| 2011 | $371K | $322K | $610K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $417K, expenses of $315K, and assets of $1.8M (revenue +42.5% year-over-year).
- 2023: Revenue of $293K, expenses of $279K, and assets of $1.6M (revenue -7.5% year-over-year).
- 2022: Revenue of $317K, expenses of $260K, and assets of $1.5M (revenue +23.8% year-over-year).
- 2021: Revenue of $256K, expenses of $198K, and assets of $1.5M (revenue -11.3% year-over-year).
- 2020: Revenue of $288K, expenses of $300K, and assets of $1.2M (revenue +15.3% year-over-year).
- 2019: Revenue of $250K, expenses of $332K, and assets of $1.2M (revenue -17.9% year-over-year).
- 2018: Revenue of $304K, expenses of $288K, and assets of $1.3M (revenue +11.9% year-over-year).
- 2017: Revenue of $272K, expenses of $307K, and assets of $1.3M (revenue -43.3% year-over-year).
- 2016: Revenue of $480K, expenses of $281K, and assets of $1.3M (revenue -13.8% year-over-year).
- 2015: Revenue of $557K, expenses of $258K, and assets of $1.1M (revenue +422.2% year-over-year).
- 2014: Revenue of $107K, expenses of $120K, and assets of $767K (revenue -65.6% year-over-year).
- 2013: Revenue of $310K, expenses of $242K, and assets of $779K (revenue +1.7% year-over-year).
- 2012: Revenue of $305K, expenses of $296K, and assets of $618K (revenue -17.8% year-over-year).
- 2011: Revenue of $371K, expenses of $322K, and assets of $610K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Craddock Center Inc:
Data Sources and Methodology
This transparency report for Craddock 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.