Crown And Scholar Inc
Crown And Scholar Inc's revenue and assets have sharply declined since 2016, raising financial sustainability concerns.
EIN: 201820671 · Madison, MS · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $45K |
| Program Spending | 85% |
| Net Assets | $1K |
| Transparency Score | 60/100 |
Is Crown And Scholar Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Crown And Scholar Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Crown And Scholar Inc
Crown And Scholar Inc (EIN: 201820671) is a nonprofit organization based in Madison, MS, classified under NTEE code B82. The organization reported total revenue of $50K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crown And Scholar Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crown And Scholar Inc is a micro nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -18.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $45K |
| Surplus / Deficit | +$5K |
| Total Assets | $1K |
| Total Liabilities | $2 |
| Net Assets | $1K |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2023, Crown And Scholar Inc reported a surplus of $5K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Crown And Scholar Inc's revenue has declined at a compound annual growth rate (CAGR) of -18.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -53.7% | -85.8% | -98.7% |
| 2021 | -62.5% | +15.4% | -71.1% |
| 2020 | -63.1% | -61.1% | +16.1% |
| 2019 | +4.8% | +0.5% | +33.3% |
| 2018 | -10.1% | -8.6% | +29.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Crown And Scholar Inc with a Mission Score of 60 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Crown And Scholar Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $5K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officer salaries were paid, which is highly favorable for 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 Crown And Scholar Inc's IRS 990 filings:
- Significant and sustained decline in revenue from $848,640 in 2016 to $49,980 in 2023.
- Dramatic decrease in assets from $332,060 in 2020 to $1,223 in 2023, indicating potential financial instability.
- Expenses exceeding revenue in multiple periods (e.g., 2021: $313,656 expenses vs. $107,892 revenue; 2016: $855,221 expenses vs. $848,640 revenue), suggesting reliance on reserves or other funding sources.
Strengths
The following positive indicators were identified for Crown And Scholar Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds by not allocating to executive salaries.
- Low liabilities reported across most periods, suggesting good debt management.
- Regular and consistent IRS 990 filing history (12 filings), demonstrating transparency.
Frequently Asked Questions about Crown And Scholar Inc
Is Crown And Scholar Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Crown And Scholar Inc (EIN: 201820671) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Crown And Scholar Inc spend its money?
Crown And Scholar Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Crown And Scholar Inc tax-deductible?
Crown And Scholar Inc is registered as a tax-exempt nonprofit (EIN: 201820671). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Crown And Scholar Inc's spending goes to programs?
Crown And Scholar Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Crown And Scholar Inc compare to similar nonprofits?
With a transparency score of 60/100 (Good), Crown And Scholar Inc is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Crown And Scholar Inc located?
Crown And Scholar Inc is headquartered in Madison, Mississippi and files with the IRS under EIN 201820671. It is classified under NTEE code B82.
How many years of IRS 990 filings does Crown And Scholar Inc have?
Crown And Scholar 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 $50K in total revenue.
What caused the significant decline in revenue and assets for Crown And Scholar Inc since 2016?
The provided data shows a consistent downward trend in revenue from $848,640 in 2016 to $49,980 in 2023, and assets from $332,060 in 2020 to $1,223 in 2023. The specific reasons for this decline are not detailed in the IRS 990 data and would require further inquiry.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be voluntary, compensated through other means not reported as officer compensation, or the organization's structure does not involve paid officers in the traditional sense. This is a notable financial characteristic.
What is the current scope of Crown And Scholar Inc's programs given its reduced financial scale?
With 2023 expenses at $44,567 and assets at $1,223, the organization's operational capacity and program reach are likely significantly smaller than in previous years when expenses exceeded $600,000 annually. The specific impact on program scope is not detailed in the filings.
Filing History
IRS 990 filing history for Crown And Scholar Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Crown And Scholar Inc's revenue has declined by 91.7%, moving from $606K to $50K. Total assets decreased by 92.7% over the same period, from $17K to $1K. Total functional expenses fell by 92.4%, from $589K to $45K. In its most recent filing year (2023), Crown And Scholar Inc reported a surplus of $5K, with revenue exceeding expenses. The organization holds $2 in liabilities against $1K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50K | $45K | $1K | $2 | — | — |
| 2021 | $108K | $314K | $96K | $0 | — | — |
| 2020 | $288K | $272K | $332K | $28K | — | — |
| 2019 | $781K | $699K | $286K | $0 | — | View 990 |
| 2018 | $745K | $696K | $214K | $0 | — | View 990 |
| 2017 | $828K | $761K | $165K | $0 | — | — |
| 2016 | $849K | $855K | $98K | $0 | — | View 990 |
| 2015 | $833K | $838K | $105K | $0 | — | View 990 |
| 2014 | $802K | $767K | $449K | $0 | — | View 990 |
| 2013 | $654K | $660K | $413K | $0 | — | View 990 |
| 2012 | $1.0M | $638K | $420K | $0 | — | View 990 |
| 2011 | $606K | $589K | $17K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50K, expenses of $45K, and assets of $1K (revenue -53.7% year-over-year).
- 2021: Revenue of $108K, expenses of $314K, and assets of $96K (revenue -62.5% year-over-year).
- 2020: Revenue of $288K, expenses of $272K, and assets of $332K (revenue -63.1% year-over-year).
- 2019: Revenue of $781K, expenses of $699K, and assets of $286K (revenue +4.8% year-over-year).
- 2018: Revenue of $745K, expenses of $696K, and assets of $214K (revenue -10.1% year-over-year).
- 2017: Revenue of $828K, expenses of $761K, and assets of $165K (revenue -2.4% year-over-year).
- 2016: Revenue of $849K, expenses of $855K, and assets of $98K (revenue +1.9% year-over-year).
- 2015: Revenue of $833K, expenses of $838K, and assets of $105K (revenue +3.8% year-over-year).
- 2014: Revenue of $802K, expenses of $767K, and assets of $449K (revenue +22.7% year-over-year).
- 2013: Revenue of $654K, expenses of $660K, and assets of $413K (revenue -37.2% year-over-year).
- 2012: Revenue of $1.0M, expenses of $638K, and assets of $420K (revenue +71.9% year-over-year).
- 2011: Revenue of $606K, expenses of $589K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crown And Scholar Inc:
Data Sources and Methodology
This transparency report for Crown And Scholar 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.