Craven Smart Start Inc
EIN: 562105879 · New Bern, NC · NTEE: B012
Is Craven Smart Start Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Craven Smart Start Inc
Craven Smart Start Inc (EIN: 562105879) is a nonprofit organization based in New Bern, NC, classified under NTEE code B012. The organization reported total revenue of $1.6M and total assets of $98K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Craven Smart Start Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Craven Smart Start Inc is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-9,570 |
| Total Assets | $67K |
| Total Liabilities | $10K |
| Net Assets | $57K |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 14.8% |
| Months of Reserves | 0.6 months |
Financial Health Grade: C
In 2023, Craven Smart Start Inc reported a deficit of $10K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 14.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Craven Smart Start Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.6% | +3.2% | -4.1% |
| 2022 | +3.2% | +4.8% | -18.4% |
| 2021 | -9.9% | -14.8% | -4.7% |
| 2020 | -1.5% | +9.7% | -39.6% |
| 2019 | +7.9% | +5.0% | +109.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Craven Smart Start 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 Craven Smart Start 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.8%.
Frequently Asked Questions about Craven Smart Start Inc
Is Craven Smart Start Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Craven Smart Start Inc (EIN: 562105879) insufficient data. 0 red flags identified, 0 strengths noted.
How does Craven Smart Start Inc spend its money?
Detailed spending breakdown data is not yet available for Craven Smart Start Inc. Check back for updated IRS 990 analysis.
Are donations to Craven Smart Start Inc tax-deductible?
Craven Smart Start Inc is registered as a tax-exempt nonprofit (EIN: 562105879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Craven Smart Start Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Craven Smart Start Inc's revenue has declined by 19.6%, moving from $1.7M to $1.3M. Total assets increased by 130.6% over the same period, from $29K to $67K. Total functional expenses fell by 21.1%, from $1.7M to $1.3M. In its most recent filing year (2023), Craven Smart Start Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $10K in liabilities against $67K in assets (debt-to-asset ratio: 14.8%), resulting in net assets of $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $67K | $10K | — | — |
| 2022 | $1.3M | $1.3M | $70K | $3K | — | View 990 |
| 2021 | $1.2M | $1.2M | $86K | $5K | — | — |
| 2020 | $1.4M | $1.5M | $90K | $15K | — | View 990 |
| 2019 | $1.4M | $1.3M | $149K | $2K | — | View 990 |
| 2018 | $1.3M | $1.3M | $71K | $2K | — | View 990 |
| 2017 | $1.2M | $1.3M | $33K | $3K | — | View 990 |
| 2016 | $1.2M | $1.2M | $45K | $2K | — | View 990 |
| 2015 | $1.3M | $1.3M | $50K | $6K | — | View 990 |
| 2014 | $1.4M | $1.4M | $54K | $2K | — | View 990 |
| 2013 | $1.4M | $1.4M | $41K | $5K | — | View 990 |
| 2012 | $1.4M | $1.4M | $44K | $5K | — | View 990 |
| 2011 | $1.7M | $1.7M | $29K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $67K (revenue +3.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $70K (revenue +3.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.2M, and assets of $86K (revenue -9.9% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.5M, and assets of $90K (revenue -1.5% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $149K (revenue +7.9% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $71K (revenue +4.5% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $33K (revenue +0.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $45K (revenue -7.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $50K (revenue -3.7% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.4M, and assets of $54K (revenue +1.9% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.4M, and assets of $41K (revenue -2.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $44K (revenue -15.4% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.7M, and assets of $29K.
Data Sources and Methodology
This transparency report for Craven Smart Start 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.