Crest View South Inc

Crest View South Inc. consistently operates at a deficit with liabilities exceeding assets.

EIN: 205143361 · Gering, NE · NTEE: L20 · Updated: 2026-03-28

$112KRevenue

$553KAssets

35/100Mission Score (Poor)

L20

About Crest View South Inc

Crest View South Inc (EIN: 205143361) is a nonprofit organization based in Gering, NE, classified under NTEE code L20. The organization reported total revenue of $112K and total assets of $553K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crest View South Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Crest View South Inc. exhibits a concerning financial trend, consistently operating at a deficit over the past decade. In 2023, expenses of $99,229 significantly outstripped revenue of $62,883, leading to a further erosion of net assets. This pattern is not isolated, as evidenced by the 2022 figures where expenses ($64,714) also exceeded revenue ($41,716). The organization's liabilities have consistently been higher than its assets, with liabilities reaching $735,716 against assets of $582,112 in 2023, indicating a state of insolvency. While the organization reports 0% officer compensation, which suggests a focus on minimizing administrative overhead in that specific area, the overall financial health is precarious due to persistent operating losses and a negative net asset position. The consistent filing of IRS Form 990 demonstrates a commitment to transparency in reporting, but the underlying financial data raises significant questions about long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Crest View South Inc with a Mission Score of 35 out of 100 (Poor). 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: 75%
fundraising: 10%

According to IRS 990 filings, Crest View South Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is a positive sign for minimizing administrative costs in this area.

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 Crest View South Inc's IRS 990 filings:

Consistent operating deficits over multiple years (e.g., $99,229 expenses vs. $62,883 revenue in 2023).
Liabilities consistently exceed assets, indicating insolvency (e.g., $735,716 liabilities vs. $582,112 assets in 2023).
Declining asset base over time (from $756,270 in 2014 to $582,112 in 2023).
Revenue has not kept pace with expenses, leading to erosion of financial health.

Strengths

The following positive indicators were identified for Crest View South Inc:

Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Reports 0% officer compensation, indicating no executive compensation burden on the organization.

Frequently Asked Questions about Crest View South Inc

Is Crest View South Inc. financially sustainable?

Based on the consistent operating deficits and liabilities exceeding assets (e.g., $735,716 liabilities vs. $582,112 assets in 2023), the organization's financial sustainability is highly questionable.

What is the primary source of Crest View South Inc.'s revenue?

The provided data does not specify the primary source of revenue, only the total revenue figures for each period.

How does Crest View South Inc. plan to address its negative net asset position?

The IRS 990 data does not provide details on the organization's strategies to address its negative net asset position or consistent operating losses.

Filing History

IRS 990 filing history for Crest View South Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Crest View South Inc's revenue has grown by 163.8%, moving from $24K to $63K. Total assets decreased by 26.1% over the same period, from $788K to $582K. Total functional expenses rose by 139.4%, from $41K to $99K. In its most recent filing year (2023), Crest View South Inc reported a deficit of $36K, with expenses exceeding revenue. The organization holds $736K in liabilities against $582K in assets (debt-to-asset ratio: 126.4%), resulting in net assets of $-153,604.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$63K	$99K	$582K	$736K	—	—
2022	$42K	$65K	$603K	$721K	—	—
2021	$40K	$56K	$632K	$726K	—	—
2020	$41K	$68K	$653K	$731K	—	—
2019	$36K	$60K	$673K	$725K	—	View 990
2018	$34K	$56K	$685K	$726K	—	View 990
2017	$51K	$77K	$708K	$727K	—	View 990
2016	$45K	$60K	$723K	$717K	—	View 990
2015	$25K	$41K	$741K	$718K	—	View 990
2014	$24K	$40K	$756K	$718K	—	—
2013	$24K	$41K	$771K	$717K	—	—
2012	$24K	$41K	$788K	$716K	—	—

Year-by-Year Financial Summary

2023: Revenue of $63K, expenses of $99K, and assets of $582K (revenue +50.7% year-over-year).
2022: Revenue of $42K, expenses of $65K, and assets of $603K (revenue +4.7% year-over-year).
2021: Revenue of $40K, expenses of $56K, and assets of $632K (revenue -3.1% year-over-year).
2020: Revenue of $41K, expenses of $68K, and assets of $653K (revenue +13.8% year-over-year).
2019: Revenue of $36K, expenses of $60K, and assets of $673K (revenue +6.0% year-over-year).
2018: Revenue of $34K, expenses of $56K, and assets of $685K (revenue -33.3% year-over-year).
2017: Revenue of $51K, expenses of $77K, and assets of $708K (revenue +14.7% year-over-year).
2016: Revenue of $45K, expenses of $60K, and assets of $723K (revenue +77.8% year-over-year).
2015: Revenue of $25K, expenses of $41K, and assets of $741K (revenue +2.7% year-over-year).
2014: Revenue of $24K, expenses of $40K, and assets of $756K (revenue +1.2% year-over-year).
2013: Revenue of $24K, expenses of $41K, and assets of $771K (revenue +1.1% year-over-year).
2012: Revenue of $24K, expenses of $41K, and assets of $788K.

Data Sources and Methodology

This transparency report for Crest View South 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.