Cradling New Life Inc
EIN: 473661860 · Des Moines, IA · NTEE: G98
| Metric | Value |
|---|---|
| Total Revenue | $101K |
| Total Expenses | $133K |
| Net Assets | $199K |
Is Cradling New Life Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cradling New Life Inc
Cradling New Life Inc (EIN: 473661860) is a nonprofit organization based in Des Moines, IA, classified under NTEE code G98. The organization reported total revenue of $101K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cradling New Life Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cradling New Life Inc is a small nonprofit that has been operating for 11 years, with 6 years of IRS 990 filings on record (2015–2024). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $136K |
| Total Expenses | $133K |
| Surplus / Deficit | +$3K |
| Total Assets | $199K |
| Net Assets | $199K |
| Operating Margin | 2.5% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2024, Cradling New Life Inc reported a surplus of $3K with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2015–2024), Cradling New Life Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +71.5% | +124.4% | +1.7% |
| 2023 | +40.0% | +158.0% | +11.5% |
| 2022 | -25.1% | +302.6% | +23.9% |
| 2021 | +79.6% | -83.1% | +97.9% |
| 2020 | +10.9% | +1183.5% | +102.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cradling New Life 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 Cradling New Life 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Frequently Asked Questions about Cradling New Life Inc
Is Cradling New Life Inc a legitimate charity?
Cradling New Life Inc (EIN: 473661860) is a registered tax-exempt nonprofit based in Iowa. It has 6 years of IRS 990 filings on record. Total revenue: $101K. No red flags identified. Financial health grade: A.
How does Cradling New Life Inc spend its money?
Cradling New Life Inc reported $101K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cradling New Life Inc tax-deductible?
Cradling New Life Inc is registered as a tax-exempt nonprofit (EIN: 473661860). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cradling New Life Inc located?
Cradling New Life Inc is headquartered in Des Moines, Iowa and files with the IRS under EIN 473661860. It is classified under NTEE code G98.
How many years of IRS 990 filings does Cradling New Life Inc have?
Cradling New Life Inc has 6 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 $101K in total revenue.
Filing History
IRS 990 filing history for Cradling New Life Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2024), Cradling New Life Inc's revenue has grown by 258.5%, moving from $38K to $136K. Total assets increased by 462.1% over the same period, from $35K to $199K. Total functional expenses rose by 4967.9%, from $3K to $133K. In its most recent filing year (2024), Cradling New Life Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $136K | $133K | $199K | $0 | — | — |
| 2023 | $79K | $59K | $195K | $0 | — | View 990 |
| 2022 | $57K | $23K | $175K | $0 | — | View 990 |
| 2021 | $76K | $6K | $141K | $0 | — | — |
| 2020 | $42K | $34K | $71K | $0 | — | View 990 |
| 2015 | $38K | $3K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $136K, expenses of $133K, and assets of $199K (revenue +71.5% year-over-year).
- 2023: Revenue of $79K, expenses of $59K, and assets of $195K (revenue +40.0% year-over-year).
- 2022: Revenue of $57K, expenses of $23K, and assets of $175K (revenue -25.1% year-over-year).
- 2021: Revenue of $76K, expenses of $6K, and assets of $141K (revenue +79.6% year-over-year).
- 2020: Revenue of $42K, expenses of $34K, and assets of $71K (revenue +10.9% year-over-year).
- 2015: Revenue of $38K, expenses of $3K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cradling New Life Inc:
Data Sources and Methodology
This transparency report for Cradling New Life 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.