Crescent Ridge Academy Inc
EIN: 610730086 · Crescent Spgs, KY · NTEE: B21Z
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.7M |
| Net Assets | $438K |
Is Crescent Ridge Academy Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Crescent Ridge Academy Inc
Crescent Ridge Academy Inc (EIN: 610730086) is a nonprofit organization based in Crescent Spgs, KY, classified under NTEE code B21Z. The organization reported total revenue of $1.7M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crescent Ridge Academy Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crescent Ridge Academy Inc is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$103K |
| Total Assets | $1.3M |
| Total Liabilities | $831K |
| Net Assets | $438K |
| Operating Margin | 5.7% |
| Debt-to-Asset Ratio | 65.5% |
| Months of Reserves | 8.9 months |
Financial Health Grade: A
In 2023, Crescent Ridge Academy Inc reported a surplus of $103K with revenue exceeding expenses, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 65.5% (high leverage).
Financial Trends
Over 13 years of filings (2012–2023), Crescent Ridge Academy Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.5% | +10.0% | +12.6% |
| 2022 | +29.8% | +48.9% | +11.6% |
| 2021 | -16.8% | -7.1% | +45.9% |
| 2020 | +27.1% | +9.2% | +61.1% |
| 2019 | +16.0% | +16.8% | +91.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Crescent Ridge Academy 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 Crescent Ridge Academy 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 surplus of $103K, with revenue exceeding expenses.
- Debt-to-asset ratio: 65.5%.
Frequently Asked Questions about Crescent Ridge Academy Inc
Is Crescent Ridge Academy Inc a legitimate charity?
Crescent Ridge Academy Inc (EIN: 610730086) is a registered tax-exempt nonprofit based in Kentucky. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: A.
How does Crescent Ridge Academy Inc spend its money?
Crescent Ridge Academy Inc reported $1.7M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Crescent Ridge Academy Inc tax-deductible?
Crescent Ridge Academy Inc is registered as a tax-exempt nonprofit (EIN: 610730086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Crescent Ridge Academy Inc located?
Crescent Ridge Academy Inc is headquartered in Crescent Spgs, Kentucky and files with the IRS under EIN 610730086. It is classified under NTEE code B21Z.
How many years of IRS 990 filings does Crescent Ridge Academy Inc have?
Crescent Ridge Academy 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Crescent Ridge Academy Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Crescent Ridge Academy Inc's revenue has grown by 304.3%, moving from $450K to $1.8M. Total assets increased by 544.3% over the same period, from $197K to $1.3M. Total functional expenses rose by 273.5%, from $459K to $1.7M. In its most recent filing year (2023), Crescent Ridge Academy Inc reported a surplus of $103K, with revenue exceeding expenses. The organization holds $831K in liabilities against $1.3M in assets (debt-to-asset ratio: 65.5%), resulting in net assets of $438K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.7M | $1.3M | $831K | — | — |
| 2022 | $1.5M | $1.6M | $1.1M | $796K | — | View 990 |
| 2021 | $1.2M | $1.0M | $1.0M | $664K | — | — |
| 2020 | $1.4M | $1.1M | $692K | $492K | — | View 990 |
| 2019 | $1.1M | $1.0M | $430K | $536K | — | View 990 |
| 2018 | $973K | $884K | $225K | $428K | — | View 990 |
| 2017 | $865K | $855K | $93K | $386K | — | View 990 |
| 2016 | $786K | $840K | $175K | $478K | — | View 990 |
| 2015 | $816K | $866K | $273K | $523K | — | View 990 |
| 2014 | $782K | $851K | $345K | $544K | — | — |
| 2013 | $782K | $851K | $345K | $544K | — | View 990 |
| 2013 | $550K | $657K | $379K | $505K | — | View 990 |
| 2012 | $450K | $459K | $197K | $216K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.7M, and assets of $1.3M (revenue +17.5% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.6M, and assets of $1.1M (revenue +29.8% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.0M, and assets of $1.0M (revenue -16.8% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.1M, and assets of $692K (revenue +27.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $430K (revenue +16.0% year-over-year).
- 2018: Revenue of $973K, expenses of $884K, and assets of $225K (revenue +12.5% year-over-year).
- 2017: Revenue of $865K, expenses of $855K, and assets of $93K (revenue +10.0% year-over-year).
- 2016: Revenue of $786K, expenses of $840K, and assets of $175K (revenue -3.6% year-over-year).
- 2015: Revenue of $816K, expenses of $866K, and assets of $273K (revenue +4.2% year-over-year).
- 2014: Revenue of $782K, expenses of $851K, and assets of $345K (revenue +0.0% year-over-year).
- 2013: Revenue of $782K, expenses of $851K, and assets of $345K (revenue +42.3% year-over-year).
- 2013: Revenue of $550K, expenses of $657K, and assets of $379K (revenue +22.3% year-over-year).
- 2012: Revenue of $450K, expenses of $459K, and assets of $197K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crescent Ridge Academy Inc:
Data Sources and Methodology
This transparency report for Crescent Ridge Academy 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.