Crestview Club Corporation
Crestview Club Corporation: Consistent Revenue, Declining Assets, and High Liabilities
EIN: 221592380 · New Providnce, NJ · Updated: 2026-04-04
Is Crestview Club Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Crestview Club Corporation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Crestview Club Corporation
Crestview Club Corporation (EIN: 221592380) is a nonprofit organization based in New Providnce, NJ. The organization reported total revenue of $548K and total assets of $541K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crestview Club Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Crestview Club Corporation with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Crestview Club Corporation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Without specific executive compensation figures from filings, a detailed assessment is not possible; however, the 'l' field (likely liabilities or loans) shows consistent six-figure amounts, peaking at $160,904 in 2023, which could indirectly relate to operational costs including salaries.
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 Crestview Club Corporation's IRS 990 filings:
- Total assets ('a') have steadily declined from $797,182 in 2017 to $545,144 in 2023, suggesting potential long-term financial erosion.
- Liabilities ('l') are consistently high, ranging from $137,456 to $160,904, representing a significant portion of assets and potentially indicating reliance on debt or other obligations.
- The organization consistently reports 0% for 'c' (likely cash or cash equivalent percentage), which could indicate poor liquidity management or a different accounting method.
Strengths
The following positive indicators were identified for Crestview Club Corporation:
- Consistent revenue generation ('r') over the years, generally staying above $400,000, indicates a stable funding base.
- Expenses ('x') are generally managed below revenue, with a few exceptions, suggesting operational control.
- The organization has maintained operations for at least 8 years based on the provided data, showing longevity.
Frequently Asked Questions about Crestview Club Corporation
Is Crestview Club Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Crestview Club Corporation (EIN: 221592380) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Crestview Club Corporation spend its money?
Crestview Club Corporation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Crestview Club Corporation tax-deductible?
Crestview Club Corporation is registered as a tax-exempt nonprofit (EIN: 221592380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Crestview Club Corporation do?
Crestview Club Corporation is a nonprofit organization in the Unknown sector, located in New Providnce, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Crestview Club Corporation have?
Crestview Club Corporation reported total revenue of $547,539. Based on 13 IRS 990 filings on record.
What are Crestview Club Corporation's total assets?
Crestview Club Corporation holds total assets of $540,851 as reported in IRS 990 filings.
Where is Crestview Club Corporation located?
Crestview Club Corporation is based in New Providnce, New Jersey.
What is Crestview Club Corporation's EIN?
Crestview Club Corporation's Employer Identification Number (EIN) is 221592380. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Crestview Club Corporation?
Crestview Club Corporation is classified under NTEE code Unknown (Unknown).
Is Crestview Club Corporation a registered 501(c)(3)?
Crestview Club Corporation appears in IRS records (EIN: 221592380). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Crestview Club Corporation file IRS Form 990?
Yes, Crestview Club Corporation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Crestview Club Corporation's revenue in 2023?
In the 202312 filing period, Crestview Club Corporation reported total revenue of $521,384, total expenses of $647,140, and net assets of $545,144.
Is Crestview Club Corporation's revenue growing or declining?
Crestview Club Corporation's revenue is declining. Revenue went from $550,934 (202212) to $521,384 (202312), a -5.4% change. Based on 13 filings on record.
What is Crestview Club Corporation's most recent 990 filing?
The most recent IRS Form 990 filing for Crestview Club Corporation covers tax period 202312. It shows revenue of $521,384, expenses of $647,140, total assets of $545,144, and liabilities of $160,904.
How much does Crestview Club Corporation spend on programs vs administration?
Based on IRS 990 analysis, Crestview Club Corporation allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Crestview Club Corporation a trustworthy charity?
Based on AI analysis of IRS 990 data, Crestview Club Corporation shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Crestview Club Corporation?
The following concerns were identified: Total assets ('a') have steadily declined from $797,182 in 2017 to $545,144 in 2023, suggesting potential long-term financial erosion.. Liabilities ('l') are consistently high, ranging from $137,456 to $160,904, representing a significant portion of assets and potentially indicating reliance on debt or other obligations.. The organization consistently reports 0% for 'c' (likely cash or cash equivalent percentage), which could indicate poor liquidity management or a different accounting method.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Crestview Club Corporation's strengths?
Positive indicators for Crestview Club Corporation include: Consistent revenue generation ('r') over the years, generally staying above $400,000, indicates a stable funding base.. Expenses ('x') are generally managed below revenue, with a few exceptions, suggesting operational control.. The organization has maintained operations for at least 8 years based on the provided data, showing longevity.. These findings are derived from AI analysis of the organization's financial filings.
How does Crestview Club Corporation compensate executives?
Without specific executive compensation figures from filings, a detailed assessment is not possible; however, the 'l' field (likely liabilities or loans) shows consistent six-figure amounts, peaking at $160,904 in 2023, which could indirectly relate to operational costs including salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue but declining assets and high liabilities, what is the long-term financial strategy of Crestview Club Corporation to ensure sustainability?
The data suggests a potential strategy focused on maintaining operational revenue while possibly divesting assets or managing a high debt load. Further details on asset utilization and liability management would be needed to fully understand their long-term financial health and sustainability plan.
Filing History
IRS 990 filing history for Crestview Club Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Crestview Club Corporation's revenue has grown by 26.1%, moving from $413K to $521K. Total assets decreased by 14.9% over the same period, from $640K to $545K. Total functional expenses rose by 67.5%, from $386K to $647K. In its most recent filing year (2023), Crestview Club Corporation reported a deficit of $126K, with expenses exceeding revenue. The organization holds $161K in liabilities against $545K in assets (debt-to-asset ratio: 29.5%), resulting in net assets of $384K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $521K | $647K | $545K | $161K | — | View 990 |
| 2022 | $551K | $603K | $642K | $142K | — | View 990 |
| 2021 | $554K | $565K | $717K | $138K | — | View 990 |
| 2020 | $390K | $369K | $741K | $154K | — | — |
| 2019 | $430K | $467K | $693K | $137K | — | View 990 |
| 2018 | $425K | $477K | $730K | $149K | — | View 990 |
| 2017 | $472K | $430K | $797K | $155K | — | View 990 |
| 2016 | $440K | $411K | $746K | $155K | — | View 990 |
| 2015 | $426K | $397K | $713K | $150K | — | View 990 |
| 2014 | $436K | $423K | $704K | $167K | — | View 990 |
| 2013 | $443K | $400K | $673K | $150K | — | View 990 |
| 2012 | $389K | $420K | $613K | $141K | — | View 990 |
| 2011 | $413K | $386K | $640K | $141K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $521K, expenses of $647K, and assets of $545K (revenue -5.4% year-over-year).
- 2022: Revenue of $551K, expenses of $603K, and assets of $642K (revenue -0.6% year-over-year).
- 2021: Revenue of $554K, expenses of $565K, and assets of $717K (revenue +42.2% year-over-year).
- 2020: Revenue of $390K, expenses of $369K, and assets of $741K (revenue -9.3% year-over-year).
- 2019: Revenue of $430K, expenses of $467K, and assets of $693K (revenue +1.0% year-over-year).
- 2018: Revenue of $425K, expenses of $477K, and assets of $730K (revenue -9.9% year-over-year).
- 2017: Revenue of $472K, expenses of $430K, and assets of $797K (revenue +7.4% year-over-year).
- 2016: Revenue of $440K, expenses of $411K, and assets of $746K (revenue +3.1% year-over-year).
- 2015: Revenue of $426K, expenses of $397K, and assets of $713K (revenue -2.1% year-over-year).
- 2014: Revenue of $436K, expenses of $423K, and assets of $704K (revenue -1.6% year-over-year).
- 2013: Revenue of $443K, expenses of $400K, and assets of $673K (revenue +13.7% year-over-year).
- 2012: Revenue of $389K, expenses of $420K, and assets of $613K (revenue -5.9% year-over-year).
- 2011: Revenue of $413K, expenses of $386K, and assets of $640K.
Data Sources and Methodology
This transparency report for Crestview Club Corporation 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.