Cranshaw Corporation
Cranshaw Corporation faces significant financial deficit in 2023 with revenue plummeting to $122,007 against $814,599 in expenses.
EIN: 136110555 · Pennington, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $815K |
| Program Spending | 70% |
| Net Assets | $3.9M |
| Transparency Score | 55/100 |
Is Cranshaw Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cranshaw Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Cranshaw Corporation
Cranshaw Corporation (EIN: 136110555) is a nonprofit organization based in Pennington, NJ. The organization reported total revenue of $2.0M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cranshaw Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cranshaw Corporation is a mid-size nonprofit that has been operating for 70 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $122K |
| Total Expenses | $815K |
| Surplus / Deficit | $-692,592 |
| Total Assets | $3.9M |
| Total Liabilities | $1 |
| Net Assets | $3.9M |
| Operating Margin | -567.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 56.8 months |
Financial Health Grade: B
In 2023, Cranshaw Corporation reported a deficit of $693K with expenses exceeding revenue, holds 56.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Cranshaw Corporation's revenue has declined at a compound annual growth rate (CAGR) of -9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -90.1% | +21.4% | -15.2% |
| 2022 | +2.5% | -2.6% | +14.2% |
| 2021 | +15.2% | +32.1% | +14.9% |
| 2020 | +26.2% | +24.3% | +17.9% |
| 2019 | +264.5% | +18.2% | +16.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1956 |
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 Cranshaw Corporation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Cranshaw Corporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $693K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported across all available filings, suggesting either a volunteer-led organization or that executive compensation is categorized differently, which limits transparency regarding leadership costs relative to the organization's size and revenue fluctuations.
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 Cranshaw Corporation's IRS 990 filings:
- Significant financial deficit in 2023 ($122,007 revenue vs. $814,599 expenses).
- Inconsistent revenue generation with sharp fluctuations year-over-year.
- Expenses frequently exceeding revenue in multiple filing periods (e.g., 2023, 2018, 2015, 2012).
- Unusual consistent reporting of $1 in liabilities across several recent filings.
- Lack of reported officer compensation, impacting transparency regarding leadership costs.
Strengths
The following positive indicators were identified for Cranshaw Corporation:
- Consistent growth in assets over the long term, reaching $3,853,846 in 2023.
- History of over a decade of IRS 990 filings, indicating ongoing operations.
Frequently Asked Questions about Cranshaw Corporation
Is Cranshaw Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cranshaw Corporation (EIN: 136110555) some concerns. Mission Score: 55/100. 5 red flags identified, 2 strengths noted.
How does Cranshaw Corporation spend its money?
Cranshaw Corporation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cranshaw Corporation tax-deductible?
Cranshaw Corporation is registered as a tax-exempt nonprofit (EIN: 136110555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cranshaw Corporation's spending goes to programs?
Cranshaw Corporation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Cranshaw Corporation located?
Cranshaw Corporation is headquartered in Pennington, New Jersey and files with the IRS under EIN 136110555.
How many years of IRS 990 filings does Cranshaw Corporation have?
Cranshaw Corporation has 11 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 $2.0M in total revenue.
Is Cranshaw Corporation a good charity?
Based on the provided data, Cranshaw Corporation's financial health is inconsistent, with a significant deficit in 2023 ($122,007 revenue vs. $814,599 expenses). While assets have grown, the lack of detailed spending breakdowns and officer compensation makes a full assessment of 'goodness' challenging. Further investigation into their program activities and expense allocation is needed.
Why is there no officer compensation reported?
The consistent reporting of 0% officer compensation across all filings could indicate that the organization is primarily volunteer-run at the executive level, or that compensation is reported under other expense categories, which would reduce transparency regarding leadership costs.
What caused the sharp decline in revenue in 2023?
The provided data does not specify the reasons for the dramatic drop in revenue from $1,236,131 in 2022 to $122,007 in 2023. This significant decrease warrants further inquiry into funding sources and operational changes.
What is the significance of $1 in liabilities for several years?
The consistent reporting of $1 in liabilities from 2019 to 2023 is highly unusual for an organization of this size. It could indicate a specific accounting practice, a reporting error, or a unique financial structure that requires clarification for a complete understanding of the organization's financial position.
Filing History
IRS 990 filing history for Cranshaw Corporation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Cranshaw Corporation's revenue has declined by 68.2%, moving from $384K to $122K. Total assets increased by 24.7% over the same period, from $3.1M to $3.9M. Total functional expenses rose by 167.6%, from $304K to $815K. In its most recent filing year (2023), Cranshaw Corporation reported a deficit of $693K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $122K | $815K | $3.9M | $1 | — | View 990 |
| 2022 | $1.2M | $671K | $4.5M | $1 | — | View 990 |
| 2021 | $1.2M | $689K | $4.0M | $1 | — | View 990 |
| 2020 | $1.0M | $521K | $3.5M | $1 | — | — |
| 2019 | $829K | $420K | $2.9M | $1 | — | View 990 |
| 2018 | $228K | $355K | $2.5M | $1 | — | View 990 |
| 2015 | $137K | $324K | $3.0M | $1 | — | View 990 |
| 2014 | $587K | $415K | $3.1M | $0 | — | View 990 |
| 2013 | $401K | $314K | $3.0M | $0 | — | View 990 |
| 2012 | $399K | $466K | $2.9M | $0 | — | — |
| 2011 | $384K | $304K | $3.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $122K, expenses of $815K, and assets of $3.9M (revenue -90.1% year-over-year).
- 2022: Revenue of $1.2M, expenses of $671K, and assets of $4.5M (revenue +2.5% year-over-year).
- 2021: Revenue of $1.2M, expenses of $689K, and assets of $4.0M (revenue +15.2% year-over-year).
- 2020: Revenue of $1.0M, expenses of $521K, and assets of $3.5M (revenue +26.2% year-over-year).
- 2019: Revenue of $829K, expenses of $420K, and assets of $2.9M (revenue +264.5% year-over-year).
- 2018: Revenue of $228K, expenses of $355K, and assets of $2.5M (revenue +66.6% year-over-year).
- 2015: Revenue of $137K, expenses of $324K, and assets of $3.0M (revenue -76.7% year-over-year).
- 2014: Revenue of $587K, expenses of $415K, and assets of $3.1M (revenue +46.3% year-over-year).
- 2013: Revenue of $401K, expenses of $314K, and assets of $3.0M (revenue +0.6% year-over-year).
- 2012: Revenue of $399K, expenses of $466K, and assets of $2.9M (revenue +3.8% year-over-year).
- 2011: Revenue of $384K, expenses of $304K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cranshaw Corporation:
Data Sources and Methodology
This transparency report for Cranshaw Corporation 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.