Crete Community Foundation
EIN: 470819319 · Crete, NE · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $244K |
| Total Expenses | $24K |
| Net Assets | $433K |
Is Crete Community Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Crete Community Foundation
Crete Community Foundation (EIN: 470819319) is a nonprofit organization based in Crete, NE, classified under NTEE code T30. The organization reported total revenue of $244K and total assets of $490K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crete Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crete Community Foundation is a small nonprofit that has been operating for 26 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -20.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $24K |
| Surplus / Deficit | $-15,844 |
| Total Assets | $433K |
| Net Assets | $433K |
| Operating Margin | -204.5% |
| Months of Reserves | 220.4 months |
Financial Health Grade: B
In 2023, Crete Community Foundation reported a deficit of $16K with expenses exceeding revenue, holds 220.4 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2013–2023), Crete Community Foundation's revenue has declined at a compound annual growth rate (CAGR) of -20.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -68.7% | +71.2% | -3.5% |
| 2022 | +28.4% | -34.6% | +2.5% |
| 2021 | -73.2% | +3.9% | -0.4% |
| 2020 | +270.8% | -0.9% | +13.3% |
| 2019 | -68.0% | -49.2% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Crete Community Foundation 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 Crete Community Foundation 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 deficit of $16K, with expenses exceeding revenue.
Frequently Asked Questions about Crete Community Foundation
Is Crete Community Foundation a legitimate charity?
Crete Community Foundation (EIN: 470819319) is a registered tax-exempt nonprofit based in Nebraska. It has 11 years of IRS 990 filings on record. Total revenue: $244K. No red flags identified. Financial health grade: B.
How does Crete Community Foundation spend its money?
Crete Community Foundation reported $244K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Crete Community Foundation tax-deductible?
Crete Community Foundation is registered as a tax-exempt nonprofit (EIN: 470819319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Crete Community Foundation located?
Crete Community Foundation is headquartered in Crete, Nebraska and files with the IRS under EIN 470819319. It is classified under NTEE code T30.
How many years of IRS 990 filings does Crete Community Foundation have?
Crete Community Foundation has 11 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 $244K in total revenue.
Filing History
IRS 990 filing history for Crete Community Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Crete Community Foundation's revenue has declined by 89.2%, moving from $72K to $8K. Total assets increased by 31.3% over the same period, from $330K to $433K. Total functional expenses fell by 62%, from $62K to $24K. In its most recent filing year (2023), Crete Community Foundation reported a deficit of $16K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8K | $24K | $433K | $0 | — | — |
| 2022 | $25K | $14K | $449K | $0 | — | View 990 |
| 2021 | $19K | $21K | $438K | $0 | — | — |
| 2020 | $72K | $20K | $440K | $0 | — | — |
| 2019 | $19K | $20K | $388K | $0 | — | View 990 |
| 2018 | $61K | $40K | $389K | $0 | — | View 990 |
| 2017 | $37K | $7K | $369K | $0 | — | — |
| 2016 | $10K | $14K | $338K | $0 | — | View 990 |
| 2015 | $18K | $16K | $342K | $0 | — | View 990 |
| 2014 | $19K | $9K | $340K | $0 | — | View 990 |
| 2013 | $72K | $62K | $330K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $24K, and assets of $433K (revenue -68.7% year-over-year).
- 2022: Revenue of $25K, expenses of $14K, and assets of $449K (revenue +28.4% year-over-year).
- 2021: Revenue of $19K, expenses of $21K, and assets of $438K (revenue -73.2% year-over-year).
- 2020: Revenue of $72K, expenses of $20K, and assets of $440K (revenue +270.8% year-over-year).
- 2019: Revenue of $19K, expenses of $20K, and assets of $388K (revenue -68.0% year-over-year).
- 2018: Revenue of $61K, expenses of $40K, and assets of $389K (revenue +62.3% year-over-year).
- 2017: Revenue of $37K, expenses of $7K, and assets of $369K (revenue +286.0% year-over-year).
- 2016: Revenue of $10K, expenses of $14K, and assets of $338K (revenue -47.0% year-over-year).
- 2015: Revenue of $18K, expenses of $16K, and assets of $342K (revenue -3.8% year-over-year).
- 2014: Revenue of $19K, expenses of $9K, and assets of $340K (revenue -73.6% year-over-year).
- 2013: Revenue of $72K, expenses of $62K, and assets of $330K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crete Community Foundation:
Data Sources and Methodology
This transparency report for Crete Community Foundation 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.