Crockett Foundation
Crockett Foundation faces persistent operating deficits and declining assets over the past decade.
EIN: 10471523 · Windham, ME · NTEE: T20J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $137K |
| Total Expenses | $131K |
| Program Spending | 70% |
| Net Assets | $769K |
| Transparency Score | 45/100 |
Is Crockett Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Crockett Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Crockett Foundation
Crockett Foundation (EIN: 10471523) is a nonprofit organization based in Windham, ME, classified under NTEE code T20J. The organization reported total revenue of $137K and total assets of $853K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crockett Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crockett Foundation is a small nonprofit that has been operating for 33 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $54K |
| Total Expenses | $131K |
| Surplus / Deficit | $-76,730 |
| Total Assets | $820K |
| Total Liabilities | $51K |
| Net Assets | $769K |
| Operating Margin | -141.9% |
| Debt-to-Asset Ratio | 6.2% |
| Months of Reserves | 75.3 months |
Financial Health Grade: B
In 2023, Crockett Foundation reported a deficit of $77K with expenses exceeding revenue, holds 75.3 months of operating reserves (strong position), has a debt-to-asset ratio of 6.2% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Crockett Foundation's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +524.8% | +31.0% | -28.5% |
| 2022 | -70.2% | +6.4% | -7.4% |
| 2020 | -149.5% | -13.9% | -9.4% |
| 2019 | -35.7% | +10.4% | -21.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Crockett Foundation with a Mission Score of 45 out of 100 (Fair). 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, Crockett Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $77K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.2%.
Executive Compensation Analysis
The Crockett Foundation reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly efficient in terms of leadership compensation.
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 Crockett Foundation's IRS 990 filings:
- Consistent operating deficits (e.g., 2023 revenue $54,057 vs. expenses $130,787)
- Significant decline in assets over time (from $1,505,151 in 2014 to $820,362 in 2023)
- Negative revenue reported in one period ($-4,650 in 2020)
- High expense-to-revenue ratio in multiple years (e.g., 2022 revenue $8,652 vs. expenses $99,874)
Strengths
The following positive indicators were identified for Crockett Foundation:
- 0% officer compensation reported across all filings, indicating no executive salary expenses.
- Long filing history (9 filings) suggests consistent reporting, aiding transparency.
Frequently Asked Questions about Crockett Foundation
Is Crockett Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Crockett Foundation (EIN: 10471523) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Crockett Foundation spend its money?
Crockett Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Crockett Foundation tax-deductible?
Crockett Foundation is registered as a tax-exempt nonprofit (EIN: 10471523). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Crockett Foundation's spending goes to programs?
Crockett Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Crockett Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Crockett Foundation is near average for NTEE category T20J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Crockett Foundation located?
Crockett Foundation is headquartered in Windham, Maine and files with the IRS under EIN 10471523. It is classified under NTEE code T20J.
How many years of IRS 990 filings does Crockett Foundation have?
Crockett Foundation has 9 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 $137K in total revenue.
Is Crockett Foundation financially sustainable given its consistent operating deficits?
The organization has consistently reported expenses exceeding revenue in most recent years (e.g., $130,787 expenses vs. $54,057 revenue in 2023), leading to a decline in assets from $1,505,151 in 2014 to $820,362 in 2023. This trend raises significant concerns about long-term financial sustainability without a substantial change in its financial model.
What is the primary cause of the significant decline in assets?
The decline in assets appears to be primarily driven by the consistent operating deficits, where annual expenses frequently outpace revenue. For instance, in 2022, revenue was only $8,652 while expenses were $99,874, necessitating the use of existing assets to cover the shortfall.
How does the organization cover its expenses when revenue is low?
When revenue is insufficient to cover expenses, the organization appears to draw upon its existing assets, as evidenced by the decreasing asset base over time. In some periods, liabilities have also increased, suggesting borrowing or deferred payments.
Filing History
IRS 990 filing history for Crockett Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Crockett Foundation's revenue has grown by 513.2%, moving from $9K to $54K. Total assets decreased by 23.6% over the same period, from $1.1M to $820K. Total functional expenses rose by 163.4%, from $50K to $131K. In its most recent filing year (2023), Crockett Foundation reported a deficit of $77K, with expenses exceeding revenue. The organization holds $51K in liabilities against $820K in assets (debt-to-asset ratio: 6.2%), resulting in net assets of $769K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $54K | $131K | $820K | $51K | — | — |
| 2022 | $9K | $100K | $1.1M | $301K | — | View 990 |
| 2021 | $29K | $94K | $1.2M | $301K | — | View 990 |
| 2020 | $-4,650 | $101K | $1.0M | $909 | — | View 990 |
| 2019 | $9K | $117K | $1.1M | $-2 | — | View 990 |
| 2015 | $15K | $106K | $1.4M | $442 | — | View 990 |
| 2014 | $298K | $97K | $1.5M | $1K | — | View 990 |
| 2012 | $176K | $53K | $1.3M | $397 | — | View 990 |
| 2011 | $9K | $50K | $1.1M | $349 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $54K, expenses of $131K, and assets of $820K (revenue +524.8% year-over-year).
- 2022: Revenue of $9K, expenses of $100K, and assets of $1.1M (revenue -70.2% year-over-year).
- 2021: Revenue of $29K, expenses of $94K, and assets of $1.2M.
- 2020: Revenue of $-4,650, expenses of $101K, and assets of $1.0M (revenue -149.5% year-over-year).
- 2019: Revenue of $9K, expenses of $117K, and assets of $1.1M (revenue -35.7% year-over-year).
- 2015: Revenue of $15K, expenses of $106K, and assets of $1.4M (revenue -95.1% year-over-year).
- 2014: Revenue of $298K, expenses of $97K, and assets of $1.5M (revenue +69.1% year-over-year).
- 2012: Revenue of $176K, expenses of $53K, and assets of $1.3M (revenue +1901.4% year-over-year).
- 2011: Revenue of $9K, expenses of $50K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crockett Foundation:
Data Sources and Methodology
This transparency report for Crockett 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.