Creosote Council Iii Inc

Creosote Council Iii Inc. shows recent operating deficits and fluctuating asset base.

EIN: 200026821 · Butler, PA · NTEE: S41 · Updated: 2026-03-28

$654KRevenue

$128KAssets

70/100Mission Score (Good)

S41

About Creosote Council Iii Inc

Creosote Council Iii Inc (EIN: 200026821) is a nonprofit organization based in Butler, PA, classified under NTEE code S41. The organization reported total revenue of $654K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creosote Council Iii Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Creosote Council Iii Inc. demonstrates a fluctuating financial health over the past several years. In 2023, the organization reported revenue of $642,501 against expenses of $710,374, indicating a deficit for the year. This trend of expenses exceeding revenue is also observed in 2022 and 2021, suggesting a pattern of operating at a loss in recent periods. The organization's assets have also seen significant fluctuations, from a high of $654,365 in 2018 to a low of $33,247 in 2023, which could raise concerns about long-term financial stability if not addressed.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for efficiency. The organization's liabilities have also varied, reaching $142,233 in 2014 and $94,101 in 2023, which should be monitored relative to its asset base.

In terms of transparency, the consistent filing of IRS Form 990s over 13 periods is a strong positive. The absence of officer compensation is also a transparent practice. However, without more granular expense data, a complete picture of how funds are allocated to programs versus overhead remains somewhat opaque. The significant year-over-year changes in revenue and assets warrant closer examination to understand the underlying operational dynamics.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Creosote Council Iii Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Creosote Council Iii Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a strong positive for minimizing overhead.

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 Creosote Council Iii Inc's IRS 990 filings:

Consistent operating deficits in recent years (2021-2023)
Significant decline in assets from $654,365 in 2018 to $33,247 in 2023
High liabilities relative to assets in 2023 ($94,101 liabilities vs $33,247 assets)
Extreme revenue volatility, particularly the $2,560 reported in 2019

Strengths

The following positive indicators were identified for Creosote Council Iii Inc:

Consistent 0% officer compensation reported across all filings, indicating low executive overhead.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Periods of strong revenue generation, such as $974,017 in 2018 and $932,006 in 2022.

Frequently Asked Questions about Creosote Council Iii Inc

Why has Creosote Council Iii Inc. experienced operating deficits in recent years (2021-2023)?

The organization's expenses have exceeded its revenue in 2021 ($909,438 vs $856,635), 2022 ($1,050,515 vs $932,006), and 2023 ($710,374 vs $642,501), leading to net losses in these periods.

What caused the significant drop in assets from $654,365 in 2018 to $33,247 in 2023?

The provided data does not specify the exact reasons for the asset decline, but it could be due to asset sales, depreciation, or using assets to cover operating deficits.

How does the organization manage its liabilities, which reached $94,101 in 2023?

The liabilities in 2023 represent a significant portion of the organization's assets ($33,247), suggesting a potentially high debt-to-asset ratio that warrants further investigation into the nature and terms of these liabilities.

What is the reason for the extreme revenue fluctuation, such as $2,560 in 2019 compared to over $900,000 in other years?

The drastic drop in revenue to $2,560 in 2019, followed by a rebound, suggests an unusual event or reporting anomaly that would require further detail from the organization's filings to understand.

Filing History

IRS 990 filing history for Creosote Council Iii Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Creosote Council Iii Inc's revenue has grown by 52%, moving from $423K to $643K. Total assets decreased by 67.8% over the same period, from $103K to $33K. Total functional expenses rose by 6.8%, from $665K to $710K. In its most recent filing year (2023), Creosote Council Iii Inc reported a deficit of $68K, with expenses exceeding revenue. The organization holds $94K in liabilities against $33K in assets (debt-to-asset ratio: 283.0%), resulting in net assets of $-60,854.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$643K	$710K	$33K	$94K	—	—
2022	$932K	$1.1M	$90K	$83K	—	View 990
2021	$857K	$909K	$252K	$127K	—	View 990
2020	$511K	$492K	$259K	$81K	—	View 990
2019	$3K	$482K	$211K	$51K	—	View 990
2018	$974K	$434K	$654K	$15K	—	View 990
2017	$490K	$464K	$130K	$31K	—	View 990
2016	$910K	$896K	$99K	$26K	—	View 990
2015	$714K	$683K	$100K	$41K	—	View 990
2014	$368K	$354K	$170K	$142K	—	View 990
2013	$246K	$303K	$102K	$89K	—	View 990
2012	$620K	$515K	$235K	$165K	—	View 990
2011	$423K	$665K	$103K	$139K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $643K, expenses of $710K, and assets of $33K (revenue -31.1% year-over-year).
2022: Revenue of $932K, expenses of $1.1M, and assets of $90K (revenue +8.8% year-over-year).
2021: Revenue of $857K, expenses of $909K, and assets of $252K (revenue +67.7% year-over-year).
2020: Revenue of $511K, expenses of $492K, and assets of $259K (revenue +19853.9% year-over-year).
2019: Revenue of $3K, expenses of $482K, and assets of $211K (revenue -99.7% year-over-year).
2018: Revenue of $974K, expenses of $434K, and assets of $654K (revenue +98.8% year-over-year).
2017: Revenue of $490K, expenses of $464K, and assets of $130K (revenue -46.2% year-over-year).
2016: Revenue of $910K, expenses of $896K, and assets of $99K (revenue +27.5% year-over-year).
2015: Revenue of $714K, expenses of $683K, and assets of $100K (revenue +93.8% year-over-year).
2014: Revenue of $368K, expenses of $354K, and assets of $170K (revenue +49.6% year-over-year).
2013: Revenue of $246K, expenses of $303K, and assets of $102K (revenue -60.3% year-over-year).
2012: Revenue of $620K, expenses of $515K, and assets of $235K (revenue +46.8% year-over-year).
2011: Revenue of $423K, expenses of $665K, and assets of $103K.

Data Sources and Methodology

This transparency report for Creosote Council Iii 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.