Creative Advancement Centers Inc
EIN: 582061227 · Duncan, SC · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $98K |
| Total Expenses | $115K |
| Net Assets | $43K |
Is Creative Advancement Centers Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Creative Advancement Centers Inc
Creative Advancement Centers Inc (EIN: 582061227) is a nonprofit organization based in Duncan, SC, classified under NTEE code B99. The organization reported total revenue of $98K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creative Advancement Centers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creative Advancement Centers Inc is a micro nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $96K |
| Total Expenses | $115K |
| Surplus / Deficit | $-18,677 |
| Total Assets | $43K |
| Net Assets | $43K |
| Operating Margin | -19.4% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2023, Creative Advancement Centers Inc reported a deficit of $19K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.0% | +3.3% | -30.1% |
| 2022 | -21.8% | +22.7% | -32.8% |
| 2021 | -3.0% | +38.5% | +18.5% |
| 2020 | +28.6% | -45.6% | +130.6% |
| 2019 | -37.1% | +10.2% | -52.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Creative Advancement Centers 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 Creative Advancement Centers 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 $19K, with expenses exceeding revenue.
Frequently Asked Questions about Creative Advancement Centers Inc
Is Creative Advancement Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Creative Advancement Centers Inc (EIN: 582061227) insufficient data. 0 red flags identified, 0 strengths noted.
How does Creative Advancement Centers Inc spend its money?
Detailed spending breakdown data is not yet available for Creative Advancement Centers Inc. Check back for updated IRS 990 analysis.
Are donations to Creative Advancement Centers Inc tax-deductible?
Creative Advancement Centers Inc is registered as a tax-exempt nonprofit (EIN: 582061227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Creative Advancement Centers Inc located?
Creative Advancement Centers Inc is headquartered in Duncan, South Carolina and files with the IRS under EIN 582061227. It is classified under NTEE code B99.
How many years of IRS 990 filings does Creative Advancement Centers Inc have?
Creative Advancement Centers 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 $98K in total revenue.
Filing History
IRS 990 filing history for Creative Advancement Centers Inc showing financial trends over 13 years of public records:
Total assets increased by 29.1% over the same period, from $34K to $43K. Total functional expenses rose by 927.3%, from $11K to $115K. In its most recent filing year (2023), Creative Advancement Centers Inc reported a deficit of $19K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $96K | $115K | $43K | $0 | — | View 990 |
| 2022 | $82K | $111K | $62K | $0 | — | View 990 |
| 2021 | $105K | $91K | $92K | $1K | — | — |
| 2020 | $108K | $65K | $78K | $1K | — | — |
| 2019 | $84K | $120K | $34K | $0 | — | View 990 |
| 2018 | $134K | $109K | $71K | $1K | — | View 990 |
| 2017 | $125K | $121K | $47K | $1K | — | View 990 |
| 2016 | $105K | $106K | $42K | $1K | — | View 990 |
| 2015 | $107K | $126K | $44K | $2K | — | View 990 |
| 2014 | $123K | $132K | $63K | $1K | — | View 990 |
| 2013 | $159K | $151K | $72K | $1K | — | View 990 |
| 2012 | $156K | $128K | $64K | $898 | — | View 990 |
| 2011 | $-59,652 | $11K | $34K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $96K, expenses of $115K, and assets of $43K (revenue +17.0% year-over-year).
- 2022: Revenue of $82K, expenses of $111K, and assets of $62K (revenue -21.8% year-over-year).
- 2021: Revenue of $105K, expenses of $91K, and assets of $92K (revenue -3.0% year-over-year).
- 2020: Revenue of $108K, expenses of $65K, and assets of $78K (revenue +28.6% year-over-year).
- 2019: Revenue of $84K, expenses of $120K, and assets of $34K (revenue -37.1% year-over-year).
- 2018: Revenue of $134K, expenses of $109K, and assets of $71K (revenue +6.7% year-over-year).
- 2017: Revenue of $125K, expenses of $121K, and assets of $47K (revenue +19.5% year-over-year).
- 2016: Revenue of $105K, expenses of $106K, and assets of $42K (revenue -1.5% year-over-year).
- 2015: Revenue of $107K, expenses of $126K, and assets of $44K (revenue -13.5% year-over-year).
- 2014: Revenue of $123K, expenses of $132K, and assets of $63K (revenue -22.5% year-over-year).
- 2013: Revenue of $159K, expenses of $151K, and assets of $72K (revenue +1.7% year-over-year).
- 2012: Revenue of $156K, expenses of $128K, and assets of $64K.
- 2011: Revenue of $-59,652, expenses of $11K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creative Advancement Centers Inc:
Data Sources and Methodology
This transparency report for Creative Advancement Centers 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.