Croquet Foundation Of America Inc
Croquet Foundation Of America Inc shows strong revenue growth and asset accumulation in recent years, with no reported officer compensation.
EIN: 133008386 · West Palm Bch, FL · Updated: 2026-03-28
Is Croquet Foundation Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Croquet Foundation Of America Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Croquet Foundation Of America Inc
Croquet Foundation Of America Inc (EIN: 133008386) is a nonprofit organization based in West Palm Bch, FL. The organization reported total revenue of $2.0M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Croquet Foundation Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Croquet Foundation Of America Inc is a mid-size nonprofit that has been operating for 46 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$369K |
| Total Assets | $6.0M |
| Total Liabilities | $1.3M |
| Net Assets | $4.6M |
| Operating Margin | 26.9% |
| Debt-to-Asset Ratio | 21.9% |
| Months of Reserves | 71.3 months |
Financial Health Grade: A
In 2022, Croquet Foundation Of America Inc reported a surplus of $369K with revenue exceeding expenses, holds 71.3 months of operating reserves (strong position), has a debt-to-asset ratio of 21.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2011–2022), Croquet Foundation Of America Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +28.4% | +46.1% | +24.5% |
| 2021 | +46.1% | -24.7% | +5.9% |
| 2020 | -17.7% | -5.4% | +1.6% |
| 2019 | +10.0% | +8.9% | -1.8% |
| 2018 | +5.6% | +2.7% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Croquet Foundation Of America 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Croquet Foundation Of America Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $369K, with revenue exceeding expenses.
- Debt-to-asset ratio: 21.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be entirely volunteer-based or compensated below IRS reporting thresholds, which contributes to very low overhead in this area.
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 Croquet Foundation Of America Inc's IRS 990 filings:
- NTEE Code is unknown, which limits understanding of its specific programmatic focus and peer comparisons.
- Detailed breakdown of program, administrative, and fundraising expenses is not available in the summary data, making precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Croquet Foundation Of America Inc:
- Consistent revenue growth in recent years, with 2022 revenue at $1,370,715, up from $730,522 in 2020.
- Positive net income in recent periods (e.g., $368,735 surplus in 2022), indicating financial stability.
- Significant asset growth, reaching $5,950,005 in 2022 from $4,512,789 in 2020.
- No reported officer compensation, suggesting efficient use of funds or volunteer leadership.
- Long history of IRS 990 filings (12 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Croquet Foundation Of America Inc
Is Croquet Foundation Of America Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Croquet Foundation Of America Inc (EIN: 133008386) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Croquet Foundation Of America Inc spend its money?
Croquet Foundation Of America Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Croquet Foundation Of America Inc tax-deductible?
Croquet Foundation Of America Inc is registered as a tax-exempt nonprofit (EIN: 133008386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Croquet Foundation Of America Inc manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's executive leadership may be entirely volunteer-based, or that any compensation provided falls below the IRS reporting thresholds for officers, directors, trustees, and key employees. This structure can significantly reduce administrative costs.
What caused the significant increase in revenue from $730,522 in 2020 to $1,370,715 in 2022?
The provided data does not specify the exact reasons for the revenue increase. However, such a substantial jump often indicates successful fundraising campaigns, increased membership dues, significant grants, or growth in program-related income. Further analysis of the full 990 forms would be needed to identify the specific sources.
Are the liabilities of $1,303,791 in 2022 a concern given the assets of $5,950,005?
While liabilities increased in 2022, they represent approximately 21.9% of total assets ($1,303,791 / $5,950,005). This level of liabilities relative to assets is generally considered manageable and does not immediately raise a significant red flag, especially if they are related to long-term investments or program expansion.
Filing History
IRS 990 filing history for Croquet Foundation Of America Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Croquet Foundation Of America Inc's revenue has grown by 132.7%, moving from $589K to $1.4M. Total assets increased by 13% over the same period, from $5.3M to $6.0M. Total functional expenses rose by 25.5%, from $798K to $1.0M. In its most recent filing year (2022), Croquet Foundation Of America Inc reported a surplus of $369K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $6.0M in assets (debt-to-asset ratio: 21.9%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.4M | $1.0M | $6.0M | $1.3M | — | View 990 |
| 2021 | $1.1M | $686K | $4.8M | $504K | — | View 990 |
| 2020 | $731K | $911K | $4.5M | $490K | — | View 990 |
| 2019 | $888K | $962K | $4.4M | $277K | — | View 990 |
| 2018 | $807K | $884K | $4.5M | $283K | — | View 990 |
| 2017 | $765K | $860K | $4.6M | $298K | — | View 990 |
| 2016 | $984K | $790K | $4.7M | $322K | — | View 990 |
| 2015 | $830K | $866K | $4.9M | $748K | — | View 990 |
| 2014 | $721K | $814K | $4.9M | $733K | — | View 990 |
| 2013 | $718K | $823K | $5.0M | $731K | — | View 990 |
| 2012 | $570K | $731K | $5.1M | $772K | — | View 990 |
| 2011 | $589K | $798K | $5.3M | $736K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.4M, expenses of $1.0M, and assets of $6.0M (revenue +28.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $686K, and assets of $4.8M (revenue +46.1% year-over-year).
- 2020: Revenue of $731K, expenses of $911K, and assets of $4.5M (revenue -17.7% year-over-year).
- 2019: Revenue of $888K, expenses of $962K, and assets of $4.4M (revenue +10.0% year-over-year).
- 2018: Revenue of $807K, expenses of $884K, and assets of $4.5M (revenue +5.6% year-over-year).
- 2017: Revenue of $765K, expenses of $860K, and assets of $4.6M (revenue -22.3% year-over-year).
- 2016: Revenue of $984K, expenses of $790K, and assets of $4.7M (revenue +18.6% year-over-year).
- 2015: Revenue of $830K, expenses of $866K, and assets of $4.9M (revenue +15.2% year-over-year).
- 2014: Revenue of $721K, expenses of $814K, and assets of $4.9M (revenue +0.4% year-over-year).
- 2013: Revenue of $718K, expenses of $823K, and assets of $5.0M (revenue +25.9% year-over-year).
- 2012: Revenue of $570K, expenses of $731K, and assets of $5.1M (revenue -3.2% year-over-year).
- 2011: Revenue of $589K, expenses of $798K, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Croquet Foundation Of America Inc:
Data Sources and Methodology
This transparency report for Croquet Foundation Of America 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.