Craft Lake City
EIN: 454095000 · Salt Lake Cty, UT · NTEE: A40
| Metric | Value |
|---|---|
| Total Revenue | $969K |
| Total Expenses | $900K |
| Net Assets | $264K |
Is Craft Lake City Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Craft Lake City
Craft Lake City (EIN: 454095000) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code A40. The organization reported total revenue of $969K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Craft Lake City's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Craft Lake City is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $794K |
| Total Expenses | $900K |
| Surplus / Deficit | $-105,659 |
| Total Assets | $270K |
| Total Liabilities | $6K |
| Net Assets | $264K |
| Operating Margin | -13.3% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Craft Lake City reported a deficit of $106K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Craft Lake City's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.8% | +42.2% | -28.4% |
| 2022 | -22.4% | -7.6% | +17.9% |
| 2021 | +132.3% | +99.8% | +152.6% |
| 2020 | -41.3% | -41.5% | +53.2% |
| 2019 | +7.2% | -0.3% | +329.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Craft Lake City 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 Craft Lake City 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $106K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Craft Lake City
Is Craft Lake City a legitimate charity?
Based on AI analysis of IRS 990 filings, Craft Lake City (EIN: 454095000) insufficient data. 0 red flags identified, 0 strengths noted.
How does Craft Lake City spend its money?
Detailed spending breakdown data is not yet available for Craft Lake City. Check back for updated IRS 990 analysis.
Are donations to Craft Lake City tax-deductible?
Craft Lake City is registered as a tax-exempt nonprofit (EIN: 454095000). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Craft Lake City located?
Craft Lake City is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 454095000. It is classified under NTEE code A40.
How many years of IRS 990 filings does Craft Lake City have?
Craft Lake City has 12 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 $969K in total revenue.
Filing History
IRS 990 filing history for Craft Lake City showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Craft Lake City's revenue has grown by 283.3%, moving from $207K to $794K. Total assets increased by 2019.5% over the same period, from $13K to $270K. Total functional expenses rose by 362%, from $195K to $900K. In its most recent filing year (2023), Craft Lake City reported a deficit of $106K, with expenses exceeding revenue. The organization holds $6K in liabilities against $270K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $264K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $794K | $900K | $270K | $6K | — | — |
| 2022 | $686K | $633K | $377K | $7K | — | — |
| 2021 | $884K | $685K | $320K | $3K | — | View 990 |
| 2020 | $381K | $343K | $127K | $8K | — | View 990 |
| 2019 | $648K | $586K | $83K | $2K | — | View 990 |
| 2018 | $605K | $588K | $19K | $635 | — | View 990 |
| 2017 | $444K | $493K | $6K | $4K | — | View 990 |
| 2016 | $564K | $583K | $52K | $918 | — | View 990 |
| 2015 | $422K | $397K | $75K | $4K | — | View 990 |
| 2014 | $342K | $330K | $45K | $12 | — | View 990 |
| 2013 | $248K | $226K | $37K | $3K | — | View 990 |
| 2012 | $207K | $195K | $13K | $322 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $794K, expenses of $900K, and assets of $270K (revenue +15.8% year-over-year).
- 2022: Revenue of $686K, expenses of $633K, and assets of $377K (revenue -22.4% year-over-year).
- 2021: Revenue of $884K, expenses of $685K, and assets of $320K (revenue +132.3% year-over-year).
- 2020: Revenue of $381K, expenses of $343K, and assets of $127K (revenue -41.3% year-over-year).
- 2019: Revenue of $648K, expenses of $586K, and assets of $83K (revenue +7.2% year-over-year).
- 2018: Revenue of $605K, expenses of $588K, and assets of $19K (revenue +36.2% year-over-year).
- 2017: Revenue of $444K, expenses of $493K, and assets of $6K (revenue -21.3% year-over-year).
- 2016: Revenue of $564K, expenses of $583K, and assets of $52K (revenue +33.5% year-over-year).
- 2015: Revenue of $422K, expenses of $397K, and assets of $75K (revenue +23.5% year-over-year).
- 2014: Revenue of $342K, expenses of $330K, and assets of $45K (revenue +38.1% year-over-year).
- 2013: Revenue of $248K, expenses of $226K, and assets of $37K (revenue +19.5% year-over-year).
- 2012: Revenue of $207K, expenses of $195K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Craft Lake City:
Data Sources and Methodology
This transparency report for Craft Lake City 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.