Creston Neighborhood Association
EIN: 382247669 · Grand Rapids, MI · NTEE: S22Z
| Metric | Value |
|---|---|
| Total Revenue | $206K |
| Total Expenses | $159K |
| Net Assets | $190K |
Is Creston Neighborhood Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Creston Neighborhood Association
Creston Neighborhood Association (EIN: 382247669) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code S22Z. The organization reported total revenue of $206K and total assets of $201K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Creston Neighborhood Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Creston Neighborhood Association is a small nonprofit that has been operating for 47 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $201K |
| Total Expenses | $159K |
| Surplus / Deficit | +$42K |
| Total Assets | $206K |
| Total Liabilities | $16K |
| Net Assets | $190K |
| Operating Margin | 21.0% |
| Debt-to-Asset Ratio | 7.8% |
| Months of Reserves | 15.6 months |
Financial Health Grade: A
In 2023, Creston Neighborhood Association reported a surplus of $42K with revenue exceeding expenses, holds 15.6 months of operating reserves (strong position), has a debt-to-asset ratio of 7.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Creston Neighborhood Association's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.4% | +22.2% | +17.5% |
| 2022 | -15.3% | -4.1% | +0.9% |
| 2021 | -40.5% | -41.1% | -6.5% |
| 2020 | +94.8% | +104.8% | +17.0% |
| 2019 | +44.7% | +11.5% | -10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Creston Neighborhood Association 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 Creston Neighborhood Association 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 $42K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.8%.
Frequently Asked Questions about Creston Neighborhood Association
Is Creston Neighborhood Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Creston Neighborhood Association (EIN: 382247669) insufficient data. 0 red flags identified, 0 strengths noted.
How does Creston Neighborhood Association spend its money?
Detailed spending breakdown data is not yet available for Creston Neighborhood Association. Check back for updated IRS 990 analysis.
Are donations to Creston Neighborhood Association tax-deductible?
Creston Neighborhood Association is registered as a tax-exempt nonprofit (EIN: 382247669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Creston Neighborhood Association located?
Creston Neighborhood Association is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 382247669. It is classified under NTEE code S22Z.
How many years of IRS 990 filings does Creston Neighborhood Association have?
Creston Neighborhood Association has 14 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 $206K in total revenue.
Filing History
IRS 990 filing history for Creston Neighborhood Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Creston Neighborhood Association's revenue has grown by 44.1%, moving from $140K to $201K. Total assets decreased by 56.8% over the same period, from $476K to $206K. Total functional expenses rose by 23.5%, from $129K to $159K. In its most recent filing year (2023), Creston Neighborhood Association reported a surplus of $42K, with revenue exceeding expenses. The organization holds $16K in liabilities against $206K in assets (debt-to-asset ratio: 7.8%), resulting in net assets of $190K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $201K | $159K | $206K | $16K | — | — |
| 2022 | $126K | $130K | $175K | $18K | — | View 990 |
| 2021 | $149K | $136K | $174K | $14K | — | View 990 |
| 2020 | $250K | $230K | $186K | $32K | — | — |
| 2019 | $128K | $112K | $159K | $18K | — | View 990 |
| 2018 | $89K | $101K | $177K | $19K | — | View 990 |
| 2017 | $77K | $78K | $226K | $24K | — | View 990 |
| 2016 | $104K | $90K | $260K | $23K | — | View 990 |
| 2015 | $97K | $105K | $283K | $25K | — | View 990 |
| 2014 | $81K | $104K | $323K | $23K | — | View 990 |
| 2013 | $117K | $104K | $384K | $26K | — | View 990 |
| 2012 | $148K | $161K | $410K | $31K | — | View 990 |
| 2011 | $139K | $158K | $427K | $34K | — | View 990 |
| 2010 | $140K | $129K | $476K | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $201K, expenses of $159K, and assets of $206K (revenue +59.4% year-over-year).
- 2022: Revenue of $126K, expenses of $130K, and assets of $175K (revenue -15.3% year-over-year).
- 2021: Revenue of $149K, expenses of $136K, and assets of $174K (revenue -40.5% year-over-year).
- 2020: Revenue of $250K, expenses of $230K, and assets of $186K (revenue +94.8% year-over-year).
- 2019: Revenue of $128K, expenses of $112K, and assets of $159K (revenue +44.7% year-over-year).
- 2018: Revenue of $89K, expenses of $101K, and assets of $177K (revenue +15.5% year-over-year).
- 2017: Revenue of $77K, expenses of $78K, and assets of $226K (revenue -26.3% year-over-year).
- 2016: Revenue of $104K, expenses of $90K, and assets of $260K (revenue +7.0% year-over-year).
- 2015: Revenue of $97K, expenses of $105K, and assets of $283K (revenue +20.0% year-over-year).
- 2014: Revenue of $81K, expenses of $104K, and assets of $323K (revenue -30.4% year-over-year).
- 2013: Revenue of $117K, expenses of $104K, and assets of $384K (revenue -21.3% year-over-year).
- 2012: Revenue of $148K, expenses of $161K, and assets of $410K (revenue +6.8% year-over-year).
- 2011: Revenue of $139K, expenses of $158K, and assets of $427K (revenue -0.7% year-over-year).
- 2010: Revenue of $140K, expenses of $129K, and assets of $476K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Creston Neighborhood Association:
Data Sources and Methodology
This transparency report for Creston Neighborhood Association 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.