Craft Emergency Relief Fund Inc
Craft Emergency Relief Fund Inc maintains strong assets and consistent revenue with no reported officer compensation.
EIN: 133273980 · Montpelier, VT · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $3.7M |
| Transparency Score | 90/100 |
Is Craft Emergency Relief Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Craft Emergency Relief Fund Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Craft Emergency Relief Fund Inc
Craft Emergency Relief Fund Inc (EIN: 133273980) is a nonprofit organization based in Montpelier, VT, classified under NTEE code T30. The organization reported total revenue of $2.8M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Craft Emergency Relief Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Craft Emergency Relief Fund Inc is a mid-size nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-39,188 |
| Total Assets | $3.8M |
| Total Liabilities | $78K |
| Net Assets | $3.7M |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 22.0 months |
Financial Health Grade: B
In 2023, Craft Emergency Relief Fund Inc reported a deficit of $39K with expenses exceeding revenue, holds 22.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Craft Emergency Relief Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.6% | +8.7% | +4.8% |
| 2022 | +19.5% | +5.2% | +1.7% |
| 2021 | -30.0% | -21.1% | +6.8% |
| 2020 | +92.1% | +112.9% | +43.8% |
| 2019 | +5.2% | -24.0% | +31.9% |
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 Craft Emergency Relief Fund Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Craft Emergency Relief Fund Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $39K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of this size with over $2 million in annual expenses. This suggests either a fully volunteer executive leadership or that compensation is reported under other expense categories, which could impact transparency.
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 Craft Emergency Relief Fund Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation for complete transparency.
Strengths
The following positive indicators were identified for Craft Emergency Relief Fund Inc:
- Strong and consistent asset growth, reaching $3,853,657 in the latest period.
- Relatively low liabilities compared to assets, indicating good financial health.
- Consistent revenue generation, often exceeding $2 million annually in recent years.
- No reported officer compensation, potentially indicating high efficiency in directing funds to mission (though requiring further clarification).
Frequently Asked Questions about Craft Emergency Relief Fund Inc
Is Craft Emergency Relief Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Craft Emergency Relief Fund Inc (EIN: 133273980) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Craft Emergency Relief Fund Inc spend its money?
Craft Emergency Relief Fund Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Craft Emergency Relief Fund Inc tax-deductible?
Craft Emergency Relief Fund Inc is registered as a tax-exempt nonprofit (EIN: 133273980). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Craft Emergency Relief Fund Inc CEO make?
Craft Emergency Relief Fund Inc's highest-compensated officer earns $2 annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Craft Emergency Relief Fund Inc's spending goes to programs?
Craft Emergency Relief Fund Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Craft Emergency Relief Fund Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Craft Emergency Relief Fund Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Craft Emergency Relief Fund Inc located?
Craft Emergency Relief Fund Inc is headquartered in Montpelier, Vermont and files with the IRS under EIN 133273980. It is classified under NTEE code T30.
How many years of IRS 990 filings does Craft Emergency Relief Fund Inc have?
Craft Emergency Relief Fund 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 $2.8M in total revenue.
How does Craft Emergency Relief Fund Inc manage to report 0% officer compensation across all filings?
The consistent reporting of 0% officer compensation is highly unusual for an organization with annual expenses exceeding $2 million. This could indicate a fully volunteer executive team, or that executive compensation is categorized differently within the 990, such as under 'salaries and wages' for all employees rather than specifically for officers, which would require deeper scrutiny of the full 990 forms for clarification.
What is the organization's specific program spending ratio?
While specific program spending ratios are not directly provided in the summary data, the overall financial health and the absence of reported officer compensation suggest a high proportion of expenses are likely directed towards programs. A detailed analysis of the full 990 would be needed to calculate the precise program spending percentage.
Has the organization experienced significant financial fluctuations?
Revenue has fluctuated, with a peak of $2,985,922 in 2020 and a low of $600,270 in 2016, but has generally remained above $1.5 million in recent years, indicating a resilient funding base. Assets have shown consistent growth, from $1,415,208 in 2016 to $3,853,657 in the latest period, demonstrating financial stability and growth.
Filing History
IRS 990 filing history for Craft Emergency Relief Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Craft Emergency Relief Fund Inc's revenue has grown by 158.9%, moving from $775K to $2.0M. Total assets increased by 300.5% over the same period, from $938K to $3.8M. Total functional expenses rose by 196.5%, from $690K to $2.0M. In its most recent filing year (2023), Craft Emergency Relief Fund Inc reported a deficit of $39K, with expenses exceeding revenue. The organization holds $78K in liabilities against $3.8M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.0M | $3.8M | $78K | — | View 990 |
| 2022 | $2.5M | $1.9M | $3.6M | $92K | — | View 990 |
| 2021 | $2.1M | $1.8M | $3.5M | $69K | — | View 990 |
| 2020 | $3.0M | $2.3M | $3.3M | $271K | — | View 990 |
| 2019 | $1.6M | $1.1M | $2.3M | $67K | — | View 990 |
| 2018 | $1.5M | $1.4M | $1.7M | $40K | — | View 990 |
| 2017 | $1.2M | $975K | $1.7M | $48K | — | View 990 |
| 2016 | $600K | $923K | $1.4M | $56K | — | View 990 |
| 2015 | $1.0M | $865K | $1.7M | $57K | — | View 990 |
| 2014 | $1.4M | $798K | $1.6M | $43K | — | View 990 |
| 2013 | $760K | $786K | $962K | $59K | — | View 990 |
| 2012 | $679K | $711K | $967K | $48K | — | View 990 |
| 2011 | $775K | $690K | $938K | $53K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $3.8M (revenue -19.6% year-over-year).
- 2022: Revenue of $2.5M, expenses of $1.9M, and assets of $3.6M (revenue +19.5% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.8M, and assets of $3.5M (revenue -30.0% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.3M, and assets of $3.3M (revenue +92.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.1M, and assets of $2.3M (revenue +5.2% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.4M, and assets of $1.7M (revenue +25.3% year-over-year).
- 2017: Revenue of $1.2M, expenses of $975K, and assets of $1.7M (revenue +96.5% year-over-year).
- 2016: Revenue of $600K, expenses of $923K, and assets of $1.4M (revenue -40.2% year-over-year).
- 2015: Revenue of $1.0M, expenses of $865K, and assets of $1.7M (revenue -30.4% year-over-year).
- 2014: Revenue of $1.4M, expenses of $798K, and assets of $1.6M (revenue +89.7% year-over-year).
- 2013: Revenue of $760K, expenses of $786K, and assets of $962K (revenue +12.0% year-over-year).
- 2012: Revenue of $679K, expenses of $711K, and assets of $967K (revenue -12.4% year-over-year).
- 2011: Revenue of $775K, expenses of $690K, and assets of $938K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Craft Emergency Relief Fund Inc:
Data Sources and Methodology
This transparency report for Craft Emergency Relief Fund 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.