Creative Corridors Coalition
EIN: 272760328 · Winston Salem, NC · NTEE: S21
| Metric | Value |
|---|---|
| Total Revenue | $257K |
| Total Expenses | $130K |
| Net Assets | $61K |
Is Creative Corridors Coalition Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Creative Corridors Coalition
Creative Corridors Coalition (EIN: 272760328) is a nonprofit organization based in Winston Salem, NC, classified under NTEE code S21. The organization reported total revenue of $257K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creative Corridors Coalition's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creative Corridors Coalition is a small nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $130K |
| Surplus / Deficit | +$23K |
| Total Assets | $77K |
| Total Liabilities | $16K |
| Net Assets | $61K |
| Operating Margin | 15.0% |
| Debt-to-Asset Ratio | 20.7% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2023, Creative Corridors Coalition reported a surplus of $23K with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 20.7% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2023), Creative Corridors Coalition's revenue has declined at a compound annual growth rate (CAGR) of -9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +120.9% | +20.7% | +100.8% |
| 2022 | -68.8% | -30.0% | -49.9% |
| 2020 | -100.0% | -98.1% | -58.0% |
| 2019 | +747.6% | +5323.0% | -55.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Creative Corridors Coalition 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 Corridors Coalition 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 surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.7%.
Frequently Asked Questions about Creative Corridors Coalition
Is Creative Corridors Coalition a legitimate charity?
Based on AI analysis of IRS 990 filings, Creative Corridors Coalition (EIN: 272760328) insufficient data. 0 red flags identified, 0 strengths noted.
How does Creative Corridors Coalition spend its money?
Detailed spending breakdown data is not yet available for Creative Corridors Coalition. Check back for updated IRS 990 analysis.
Are donations to Creative Corridors Coalition tax-deductible?
Creative Corridors Coalition is registered as a tax-exempt nonprofit (EIN: 272760328). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Creative Corridors Coalition located?
Creative Corridors Coalition is headquartered in Winston Salem, North Carolina and files with the IRS under EIN 272760328. It is classified under NTEE code S21.
How many years of IRS 990 filings does Creative Corridors Coalition have?
Creative Corridors Coalition 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 $257K in total revenue.
Filing History
IRS 990 filing history for Creative Corridors Coalition showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Creative Corridors Coalition's revenue has declined by 68.7%, moving from $488K to $153K. Total assets decreased by 19.2% over the same period, from $95K to $77K. Total functional expenses fell by 68.1%, from $407K to $130K. In its most recent filing year (2023), Creative Corridors Coalition reported a surplus of $23K, with revenue exceeding expenses. The organization holds $16K in liabilities against $77K in assets (debt-to-asset ratio: 20.7%), resulting in net assets of $61K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $153K | $130K | $77K | $16K | — | — |
| 2022 | $69K | $108K | $38K | $263 | — | View 990 |
| 2021 | $221K | $154K | $76K | $0 | — | — |
| 2020 | $0 | $7K | $9K | $0 | — | View 990 |
| 2019 | $331K | $363K | $21K | $5K | — | View 990 |
| 2018 | $39K | $7K | $47K | $0 | — | View 990 |
| 2016 | $934K | $2.8M | $73K | $11K | — | View 990 |
| 2015 | $2.1M | $381K | $2.0M | $9K | — | View 990 |
| 2014 | $147K | $10K | $183K | $0 | — | View 990 |
| 2013 | $113K | $70K | $54K | $7K | — | View 990 |
| 2012 | $20K | $109K | $6K | $2K | — | View 990 |
| 2011 | $488K | $407K | $95K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $153K, expenses of $130K, and assets of $77K (revenue +120.9% year-over-year).
- 2022: Revenue of $69K, expenses of $108K, and assets of $38K (revenue -68.8% year-over-year).
- 2021: Revenue of $221K, expenses of $154K, and assets of $76K.
- 2020: Revenue of $0, expenses of $7K, and assets of $9K (revenue -100.0% year-over-year).
- 2019: Revenue of $331K, expenses of $363K, and assets of $21K (revenue +747.6% year-over-year).
- 2018: Revenue of $39K, expenses of $7K, and assets of $47K (revenue -95.8% year-over-year).
- 2016: Revenue of $934K, expenses of $2.8M, and assets of $73K (revenue -56.4% year-over-year).
- 2015: Revenue of $2.1M, expenses of $381K, and assets of $2.0M (revenue +1360.8% year-over-year).
- 2014: Revenue of $147K, expenses of $10K, and assets of $183K (revenue +30.1% year-over-year).
- 2013: Revenue of $113K, expenses of $70K, and assets of $54K (revenue +476.7% year-over-year).
- 2012: Revenue of $20K, expenses of $109K, and assets of $6K (revenue -96.0% year-over-year).
- 2011: Revenue of $488K, expenses of $407K, and assets of $95K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creative Corridors Coalition:
Data Sources and Methodology
This transparency report for Creative Corridors Coalition 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.