Crooker Foundation
Crooker Foundation consistently spends slightly more than its revenue, drawing down assets over time.
EIN: 110052007 · Freeport, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $35K |
| Total Expenses | $31K |
| Program Spending | 90% |
| Net Assets | $296K |
| Transparency Score | 85/100 |
Is Crooker Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Crooker Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Crooker Foundation
Crooker Foundation (EIN: 110052007) is a nonprofit organization based in Freeport, ME. The organization reported total revenue of $35K and total assets of $290K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crooker Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crooker Foundation is a micro nonprofit that has been operating for 36 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $30K |
| Total Expenses | $31K |
| Surplus / Deficit | $-592 |
| Total Assets | $297K |
| Total Liabilities | $1K |
| Net Assets | $296K |
| Operating Margin | -2.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 116.6 months |
Financial Health Grade: B
In 2023, Crooker Foundation reported a deficit of $592 with expenses exceeding revenue, holds 116.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Crooker Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | +-0.0% | -0.2% |
| 2022 | +62.1% | +2.4% | -0.1% |
| 2021 | +17.7% | +4.7% | -3.6% |
| 2020 | +14.1% | -1.7% | -4.0% |
| 2019 | -53.2% | -7.7% | -14.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Crooker Foundation 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, Crooker Foundation 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 deficit of $592, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation, which is a strong positive for minimizing administrative overhead.
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 Crooker Foundation's IRS 990 filings:
- Consistent decline in asset base due to expenses exceeding revenue
- NTEE Code is unknown, making it difficult to assess specific mission alignment without further information
Strengths
The following positive indicators were identified for Crooker Foundation:
- Zero officer compensation, indicating high efficiency in executive overhead
- Consistent IRS 990 filing history, demonstrating regulatory transparency
- Very low liabilities, indicating strong financial stability regarding debt
Frequently Asked Questions about Crooker Foundation
Is Crooker Foundation a legitimate charity?
Crooker Foundation (EIN: 110052007) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $35K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Crooker Foundation spend its money?
Crooker Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Crooker Foundation tax-deductible?
Crooker Foundation is registered as a tax-exempt nonprofit (EIN: 110052007). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Crooker Foundation located?
Crooker Foundation is headquartered in Freeport, Maine and files with the IRS under EIN 110052007.
How many years of IRS 990 filings does Crooker Foundation have?
Crooker Foundation has 10 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 $35K in total revenue.
Is Crooker Foundation a good charity?
As a private foundation, its 'goodness' is typically measured by its grant-making impact. Financially, it demonstrates excellent efficiency in executive compensation (0%) and consistent regulatory filing. Its spending pattern suggests it is actively distributing funds, even if it means drawing down its asset base.
Why are the assets declining?
The assets are declining because the foundation's expenses consistently exceed its revenue. For example, in 2023, revenue was $29,969 while expenses were $30,561. This pattern, observed over many years, indicates the foundation is distributing more than it earns annually, drawing down its principal.
What is the foundation's primary program focus?
Based solely on the provided IRS 990 data, the specific program focus (NTEE code) is unknown. To understand its primary program, one would need to review the full 990 forms for details on its grant recipients or activities.
Filing History
IRS 990 filing history for Crooker Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Crooker Foundation's revenue has grown by 43.1%, moving from $21K to $30K. Total assets decreased by 25.2% over the same period, from $397K to $297K. Total functional expenses rose by 67.7%, from $18K to $31K. In its most recent filing year (2023), Crooker Foundation reported a deficit of $592, with expenses exceeding revenue. The organization holds $1K in liabilities against $297K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $31K | $297K | $1K | — | — |
| 2022 | $30K | $31K | $298K | $1K | — | View 990 |
| 2021 | $19K | $30K | $298K | $1K | — | — |
| 2020 | $16K | $29K | $309K | $1K | — | — |
| 2019 | $14K | $29K | $322K | $1K | — | — |
| 2015 | $30K | $31K | $378K | $800 | — | View 990 |
| 2014 | $24K | $43K | $380K | $800 | — | View 990 |
| 2013 | $23K | $20K | $398K | $0 | — | View 990 |
| 2012 | $14K | $16K | $395K | $0 | — | View 990 |
| 2011 | $21K | $18K | $397K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $31K, and assets of $297K (revenue -0.6% year-over-year).
- 2022: Revenue of $30K, expenses of $31K, and assets of $298K (revenue +62.1% year-over-year).
- 2021: Revenue of $19K, expenses of $30K, and assets of $298K (revenue +17.7% year-over-year).
- 2020: Revenue of $16K, expenses of $29K, and assets of $309K (revenue +14.1% year-over-year).
- 2019: Revenue of $14K, expenses of $29K, and assets of $322K (revenue -53.2% year-over-year).
- 2015: Revenue of $30K, expenses of $31K, and assets of $378K (revenue +23.7% year-over-year).
- 2014: Revenue of $24K, expenses of $43K, and assets of $380K (revenue +5.8% year-over-year).
- 2013: Revenue of $23K, expenses of $20K, and assets of $398K (revenue +57.8% year-over-year).
- 2012: Revenue of $14K, expenses of $16K, and assets of $395K (revenue -31.6% year-over-year).
- 2011: Revenue of $21K, expenses of $18K, and assets of $397K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crooker Foundation:
Data Sources and Methodology
This transparency report for Crooker 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.