Cronus Usa Inc
Cronus Usa Inc shows strong revenue growth and no reported officer compensation in recent years, recovering from a 2021 deficit.
EIN: 203005849 · Puyallup, WA · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $2.5M |
| Program Spending | 90% |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Cronus Usa Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cronus Usa Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cronus Usa Inc
Cronus Usa Inc (EIN: 203005849) is a nonprofit organization based in Puyallup, WA, classified under NTEE code S41. The organization reported total revenue of $3.8M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cronus Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cronus Usa Inc is a mid-size nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$315K |
| Total Assets | $1.9M |
| Total Liabilities | $2K |
| Net Assets | $1.9M |
| Operating Margin | 11.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2023, Cronus Usa Inc reported a surplus of $315K with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Cronus Usa Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.7% | +37.9% | +20.2% |
| 2022 | +1444.3% | +304.5% | +59.5% |
| 2021 | -67.3% | +234.1% | -23.0% |
| 2020 | -65.5% | -91.0% | +36.6% |
| 2019 | -34.7% | -3.5% | -14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Cronus Usa Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Cronus Usa Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $315K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Cronus Usa Inc consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for donor trust and resource allocation to programs.
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 Cronus Usa Inc's IRS 990 filings:
- Significant deficit in 2021 (Revenue $154,418 vs. Expenses $446,749) indicates a period of financial strain, though the organization has since recovered.
Strengths
The following positive indicators were identified for Cronus Usa Inc:
- Consistent revenue growth in recent years (e.g., $2,384,701 in 2022 to $2,806,227 in 2023).
- No reported officer compensation across all filings, indicating high efficiency in executive pay.
- Strong asset growth, reaching $1,867,385 in 2023, suggesting good financial management and resource accumulation.
- Healthy operating surplus in recent years (e.g., $315,072 in 2023 and $577,561 in 2022).
Frequently Asked Questions about Cronus Usa Inc
Is Cronus Usa Inc a legitimate charity?
Cronus Usa Inc (EIN: 203005849) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $3.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Cronus Usa Inc spend its money?
Cronus Usa Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Cronus Usa Inc tax-deductible?
Cronus Usa Inc is registered as a tax-exempt nonprofit (EIN: 203005849). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Cronus Usa Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Cronus Usa Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cronus Usa Inc located?
Cronus Usa Inc is headquartered in Puyallup, Washington and files with the IRS under EIN 203005849. It is classified under NTEE code S41.
How many years of IRS 990 filings does Cronus Usa Inc have?
Cronus Usa Inc has 12 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 $3.8M in total revenue.
Is Cronus Usa Inc financially stable?
Yes, Cronus Usa Inc appears financially stable, especially in the most recent two years. Their revenue grew from $2,384,701 in 2022 to $2,806,227 in 2023, and assets increased from $1,553,872 to $1,867,385 in the same period, demonstrating a positive financial trend.
How does Cronus Usa Inc manage executive compensation?
Cronus Usa Inc consistently reports 0% officer compensation in all available IRS 990 filings, suggesting a strong commitment to minimizing administrative costs related to executive pay and potentially relying on volunteer leadership.
Did Cronus Usa Inc experience any financial difficulties?
Yes, Cronus Usa Inc experienced a significant financial dip in 2021, reporting revenue of $154,418 against expenses of $446,749, resulting in a deficit. However, they have shown a strong recovery in subsequent years.
What is the trend in Cronus Usa Inc's assets?
Cronus Usa Inc's assets have shown significant growth, particularly in recent years, increasing from $973,927 in 2021 to $1,553,872 in 2022, and further to $1,867,385 in 2023, indicating effective resource accumulation.
Filing History
IRS 990 filing history for Cronus Usa Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Cronus Usa Inc's revenue has grown by 189.8%, moving from $968K to $2.8M. Total assets increased by 441.7% over the same period, from $345K to $1.9M. Total functional expenses rose by 162.1%, from $950K to $2.5M. In its most recent filing year (2023), Cronus Usa Inc reported a surplus of $315K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.9M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $2.5M | $1.9M | $2K | — | — |
| 2022 | $2.4M | $1.8M | $1.6M | $3K | — | View 990 |
| 2021 | $154K | $447K | $974K | $732 | — | View 990 |
| 2020 | $473K | $134K | $1.3M | $71 | — | View 990 |
| 2019 | $1.4M | $1.5M | $927K | $0 | — | View 990 |
| 2018 | $2.1M | $1.5M | $1.1M | $33K | — | View 990 |
| 2017 | $1.4M | $1.2M | $493K | $4K | — | View 990 |
| 2016 | $1.2M | $1.1M | $326K | $520 | — | View 990 |
| 2015 | $921K | $976K | $260K | $2K | — | View 990 |
| 2014 | $962K | $889K | $314K | $0 | — | View 990 |
| 2013 | $846K | $950K | $240K | $0 | — | View 990 |
| 2012 | $968K | $950K | $345K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $2.5M, and assets of $1.9M (revenue +17.7% year-over-year).
- 2022: Revenue of $2.4M, expenses of $1.8M, and assets of $1.6M (revenue +1444.3% year-over-year).
- 2021: Revenue of $154K, expenses of $447K, and assets of $974K (revenue -67.3% year-over-year).
- 2020: Revenue of $473K, expenses of $134K, and assets of $1.3M (revenue -65.5% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.5M, and assets of $927K (revenue -34.7% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.5M, and assets of $1.1M (revenue +48.8% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $493K (revenue +21.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $326K (revenue +26.0% year-over-year).
- 2015: Revenue of $921K, expenses of $976K, and assets of $260K (revenue -4.3% year-over-year).
- 2014: Revenue of $962K, expenses of $889K, and assets of $314K (revenue +13.8% year-over-year).
- 2013: Revenue of $846K, expenses of $950K, and assets of $240K (revenue -12.6% year-over-year).
- 2012: Revenue of $968K, expenses of $950K, and assets of $345K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cronus Usa Inc:
Data Sources and Methodology
This transparency report for Cronus Usa 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.