Cradle Beach Inc
Cradle Beach Inc. maintains stable assets and no reported officer compensation amidst fluctuating revenues.
EIN: 160743025 · Angola, NY · NTEE: N200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.3M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $6.0M |
| Transparency Score | 85/100 |
Is Cradle Beach Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cradle Beach Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cradle Beach Inc
Cradle Beach Inc (EIN: 160743025) is a nonprofit organization based in Angola, NY, classified under NTEE code N200. The organization reported total revenue of $2.6M and total assets of $6.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cradle Beach Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cradle Beach Inc is a mid-size nonprofit that has been operating for 84 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-77,758 |
| Total Assets | $6.2M |
| Total Liabilities | $272K |
| Net Assets | $6.0M |
| Operating Margin | -3.5% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 32.3 months |
Financial Health Grade: B
In 2023, Cradle Beach Inc reported a deficit of $78K with expenses exceeding revenue, holds 32.3 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cradle Beach Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.5% | +14.5% | -1.0% |
| 2022 | +11.0% | +27.1% | -4.1% |
| 2021 | +22.5% | -16.6% | -1.5% |
| 2020 | -34.7% | -27.9% | -8.3% |
| 2019 | +1.4% | +0.9% | -0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1942 |
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 Cradle Beach Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Cradle Beach Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $78K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
Cradle Beach Inc. consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, which is highly unusual for an organization of its size with annual revenues exceeding $2 million.
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 Cradle Beach Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported in other categories or through other entities, or that leadership is entirely volunteer-based.
- Periods of deficit spending, such as in 202310 where expenses ($2,315,551) exceeded revenue ($2,237,793), warrant monitoring.
Strengths
The following positive indicators were identified for Cradle Beach Inc:
- Strong asset base, with assets consistently exceeding liabilities, indicating good long-term financial health.
- Consistent filing of IRS 990s over 13 periods demonstrates strong transparency.
- No reported officer compensation, suggesting a high degree of volunteer leadership or very efficient use of funds in this area.
- NTEE code N200 (Recreational & Sports Camps) indicates a clear program focus, supported by generally stable finances.
Frequently Asked Questions about Cradle Beach Inc
Is Cradle Beach Inc a legitimate charity?
Cradle Beach Inc (EIN: 160743025) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Cradle Beach Inc spend its money?
Cradle Beach Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Cradle Beach Inc tax-deductible?
Cradle Beach Inc is registered as a tax-exempt nonprofit (EIN: 160743025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cradle Beach Inc CEO make?
Cradle Beach Inc's highest-compensated officer earns $2 annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cradle Beach Inc's spending goes to programs?
Cradle Beach Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cradle Beach Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cradle Beach Inc is above average for NTEE category N200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cradle Beach Inc located?
Cradle Beach Inc is headquartered in Angola, New York and files with the IRS under EIN 160743025. It is classified under NTEE code N200.
How many years of IRS 990 filings does Cradle Beach Inc have?
Cradle Beach Inc has 13 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 $2.6M in total revenue.
Is Cradle Beach Inc. financially stable?
Yes, Cradle Beach Inc. appears financially stable. Its assets have consistently exceeded liabilities over the past decade, with current assets at $6,774,004 and liabilities significantly lower. While revenue and expenses fluctuate, the organization generally manages its finances well.
Does Cradle Beach Inc. pay its officers?
According to all available IRS 990 filings, Cradle Beach Inc. reports 0% officer compensation, meaning no compensation is paid to its officers.
How has Cradle Beach Inc.'s revenue trended over time?
Cradle Beach Inc.'s revenue has fluctuated over the past decade, peaking at $3,288,374 in 2015 and dipping to $1,620,517 in 2020. The latest reported revenue is $2,563,517, showing recovery from the 2020 low.
Filing History
IRS 990 filing history for Cradle Beach Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cradle Beach Inc's revenue has grown by 39.8%, moving from $1.6M to $2.2M. Total assets increased by 42.1% over the same period, from $4.4M to $6.2M. Total functional expenses rose by 54%, from $1.5M to $2.3M. In its most recent filing year (2023), Cradle Beach Inc reported a deficit of $78K, with expenses exceeding revenue. The organization holds $272K in liabilities against $6.2M in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.3M | $6.2M | $272K | — | View 990 |
| 2022 | $2.2M | $2.0M | $6.3M | $325K | — | View 990 |
| 2021 | $2.0M | $1.6M | $6.6M | $497K | — | View 990 |
| 2020 | $1.6M | $1.9M | $6.7M | $1.0M | — | View 990 |
| 2019 | $2.5M | $2.6M | $7.3M | $1.1M | — | View 990 |
| 2018 | $2.4M | $2.6M | $7.3M | $1.1M | — | View 990 |
| 2017 | $2.7M | $2.5M | $7.6M | $1.2M | — | View 990 |
| 2016 | $3.2M | $2.7M | $7.0M | $1.1M | — | View 990 |
| 2015 | $3.3M | $2.4M | $5.7M | $288K | — | View 990 |
| 2014 | $2.3M | $2.2M | $4.9M | $263K | — | View 990 |
| 2013 | $1.8M | $1.9M | $4.8M | $331K | — | View 990 |
| 2012 | $1.7M | $1.6M | $4.8M | $309K | — | View 990 |
| 2011 | $1.6M | $1.5M | $4.4M | $141K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.3M, and assets of $6.2M (revenue +1.5% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.0M, and assets of $6.3M (revenue +11.0% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.6M, and assets of $6.6M (revenue +22.5% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.9M, and assets of $6.7M (revenue -34.7% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.6M, and assets of $7.3M (revenue +1.4% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.6M, and assets of $7.3M (revenue -9.7% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.5M, and assets of $7.6M (revenue -16.5% year-over-year).
- 2016: Revenue of $3.2M, expenses of $2.7M, and assets of $7.0M (revenue -1.2% year-over-year).
- 2015: Revenue of $3.3M, expenses of $2.4M, and assets of $5.7M (revenue +46.0% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.2M, and assets of $4.9M (revenue +28.1% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.9M, and assets of $4.8M (revenue +1.7% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.6M, and assets of $4.8M (revenue +8.1% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.5M, and assets of $4.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cradle Beach Inc:
Data Sources and Methodology
This transparency report for Cradle Beach 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.