Creek Bed Foundation
Creek Bed Foundation faces significant financial challenges with declining assets and frequent negative net income.
EIN: 207523180 · Fayetteville, TN · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $198K |
| Program Spending | 70% |
| Net Assets | $1.4M |
| Transparency Score | 45/100 |
Is Creek Bed Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Creek Bed Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Creek Bed Foundation
Creek Bed Foundation (EIN: 207523180) is a nonprofit organization based in Fayetteville, TN, classified under NTEE code T20. The organization reported total revenue of $1.7M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creek Bed Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creek Bed Foundation is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -103.6% | -54.1% | -14.0% |
| 2022 | +1785.2% | -3.7% | -27.0% |
| 2021 | -94.1% | -6.2% | -15.8% |
| 2020 | +177.2% | +87.0% | +6.1% |
| 2019 | +72.2% | -9.4% | -8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Creek Bed Foundation with a Mission Score of 45 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, Creek Bed Foundation 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led model or that executive compensation is not a significant financial outlay, which is positive for resource allocation.
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 Creek Bed Foundation's IRS 990 filings:
- Consistently negative net income in multiple periods (e.g., 2023, 2021, 2019, 2015, 2014, 2013, 2012, 2011).
- Significant and continuous decline in assets from $3,165,199 in 2011 to $1,373,730 in 2023.
- Negative revenue reported in 2023 ($-24,849), which is highly unusual and concerning for financial health.
Strengths
The following positive indicators were identified for Creek Bed Foundation:
- No reported officer compensation, indicating potential efficiency in leadership costs.
- Maintains substantial assets ($1,423,479 latest reported) despite financial challenges.
Frequently Asked Questions about Creek Bed Foundation
Is Creek Bed Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Creek Bed Foundation (EIN: 207523180) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Creek Bed Foundation spend its money?
Creek Bed Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Creek Bed Foundation tax-deductible?
Creek Bed Foundation is registered as a tax-exempt nonprofit (EIN: 207523180). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Creek Bed Foundation's spending goes to programs?
Creek Bed Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Creek Bed Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Creek Bed Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Creek Bed Foundation located?
Creek Bed Foundation is headquartered in Fayetteville, Tennessee and files with the IRS under EIN 207523180. It is classified under NTEE code T20.
How many years of IRS 990 filings does Creek Bed Foundation have?
Creek Bed Foundation has 10 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 $1.7M in total revenue.
How does Creek Bed Foundation sustain operations with frequent negative revenue and declining assets?
The consistent decline in assets from $3,165,199 in 2011 to $1,373,730 in 2023, coupled with periods of negative revenue (e.g., $-24,849 in 2023), suggests the organization may be drawing down reserves or relying on non-operating income sources not fully detailed in the provided summary.
What is the primary source of funding for Creek Bed Foundation, given its volatile revenue?
The revenue figures show significant fluctuations, from $-24,849 in 2023 to $698,362 in 2022. This volatility makes it difficult to pinpoint a stable primary funding source without more detailed revenue breakdowns from the 990 filings.
Why is officer compensation consistently reported as 0%?
A consistent 0% officer compensation could indicate a fully volunteer-run leadership or that compensation is structured in a way that isn't reported under 'Officer Comp' on the 990, which would require further investigation for full transparency.
Filing History
IRS 990 filing history for Creek Bed Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Creek Bed Foundation's revenue has declined by 344.9%, moving from $10K to $-24,849. Total assets decreased by 56.6% over the same period, from $3.2M to $1.4M. Total functional expenses fell by 19.7%, from $247K to $198K. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-24,849 | $198K | $1.4M | $1 | — | View 990 |
| 2022 | $698K | $431K | $1.6M | $1 | — | View 990 |
| 2021 | $37K | $448K | $2.2M | $1 | — | — |
| 2020 | $626K | $477K | $2.6M | $1 | — | — |
| 2019 | $226K | $255K | $2.4M | $1 | — | View 990 |
| 2015 | $131K | $282K | $2.7M | $1 | — | View 990 |
| 2014 | $34K | $427K | $2.8M | $1 | — | View 990 |
| 2013 | $28K | $139K | $3.0M | $1 | — | View 990 |
| 2012 | $15K | $337K | $2.7M | $1 | — | View 990 |
| 2011 | $10K | $247K | $3.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-24,849, expenses of $198K, and assets of $1.4M (revenue -103.6% year-over-year).
- 2022: Revenue of $698K, expenses of $431K, and assets of $1.6M (revenue +1785.2% year-over-year).
- 2021: Revenue of $37K, expenses of $448K, and assets of $2.2M (revenue -94.1% year-over-year).
- 2020: Revenue of $626K, expenses of $477K, and assets of $2.6M (revenue +177.2% year-over-year).
- 2019: Revenue of $226K, expenses of $255K, and assets of $2.4M (revenue +72.2% year-over-year).
- 2015: Revenue of $131K, expenses of $282K, and assets of $2.7M (revenue +281.4% year-over-year).
- 2014: Revenue of $34K, expenses of $427K, and assets of $2.8M (revenue +21.2% year-over-year).
- 2013: Revenue of $28K, expenses of $139K, and assets of $3.0M (revenue +86.6% year-over-year).
- 2012: Revenue of $15K, expenses of $337K, and assets of $2.7M (revenue +49.8% year-over-year).
- 2011: Revenue of $10K, expenses of $247K, and assets of $3.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creek Bed Foundation:
Data Sources and Methodology
This transparency report for Creek Bed Foundation 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.