Crsvlv College Preparatory Inc
EIN: 831324996 · N Las Vegas, NV · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $253K |
| Total Expenses | $754K |
| Net Assets | $8.4M |
Is Crsvlv College Preparatory Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Crsvlv College Preparatory Inc
Crsvlv College Preparatory Inc (EIN: 831324996) is a nonprofit organization based in N Las Vegas, NV, classified under NTEE code B11. The organization reported total revenue of $253K and total assets of $22.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crsvlv College Preparatory Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crsvlv College Preparatory Inc is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of -42.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $245K |
| Total Expenses | $754K |
| Surplus / Deficit | $-509,057 |
| Total Assets | $23.1M |
| Total Liabilities | $14.7M |
| Net Assets | $8.4M |
| Operating Margin | -207.8% |
| Debt-to-Asset Ratio | 63.7% |
| Months of Reserves | 367.3 months |
Financial Health Grade: C
In 2024, Crsvlv College Preparatory Inc reported a deficit of $509K with expenses exceeding revenue, holds 367.3 months of operating reserves (strong position), has a debt-to-asset ratio of 63.7% (high leverage).
Financial Trends
Over 6 years of filings (2019–2024), Crsvlv College Preparatory Inc's revenue has declined at a compound annual growth rate (CAGR) of -42.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.1% | +0.0% | -2.2% |
| 2023 | +2.1% | +-0.0% | -2.1% |
| 2022 | +2.2% | -1.0% | -2.1% |
| 2021 | -96.9% | +24.1% | -2.1% |
| 2020 | +94.6% | — | +21.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Crsvlv College Preparatory Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Crsvlv College Preparatory Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $509K, with expenses exceeding revenue.
- Debt-to-asset ratio: 63.7%.
Frequently Asked Questions about Crsvlv College Preparatory Inc
Is Crsvlv College Preparatory Inc a legitimate charity?
Crsvlv College Preparatory Inc (EIN: 831324996) is a registered tax-exempt nonprofit based in Nevada. It has 6 years of IRS 990 filings on record. Total revenue: $253K. No red flags identified. Financial health grade: C.
How does Crsvlv College Preparatory Inc spend its money?
Crsvlv College Preparatory Inc reported $253K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Crsvlv College Preparatory Inc tax-deductible?
Crsvlv College Preparatory Inc is registered as a tax-exempt nonprofit (EIN: 831324996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Crsvlv College Preparatory Inc located?
Crsvlv College Preparatory Inc is headquartered in N Las Vegas, Nevada and files with the IRS under EIN 831324996. It is classified under NTEE code B11.
How many years of IRS 990 filings does Crsvlv College Preparatory Inc have?
Crsvlv College Preparatory Inc has 6 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 $253K in total revenue.
Filing History
IRS 990 filing history for Crsvlv College Preparatory Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2019–2024), Crsvlv College Preparatory Inc's revenue has declined by 93.5%, moving from $3.8M to $245K. Total assets increased by 11.5% over the same period, from $20.7M to $23.1M. In its most recent filing year (2024), Crsvlv College Preparatory Inc reported a deficit of $509K, with expenses exceeding revenue. The organization holds $14.7M in liabilities against $23.1M in assets (debt-to-asset ratio: 63.7%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $245K | $754K | $23.1M | $14.7M | — | — |
| 2023 | $240K | $754K | $23.6M | $14.7M | — | View 990 |
| 2022 | $235K | $754K | $24.1M | $14.7M | — | View 990 |
| 2021 | $230K | $761K | $24.6M | $14.7M | — | View 990 |
| 2020 | $7.3M | $614K | $25.2M | $14.7M | — | View 990 |
| 2019 | $3.8M | $0 | $20.7M | $16.9M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $245K, expenses of $754K, and assets of $23.1M (revenue +2.1% year-over-year).
- 2023: Revenue of $240K, expenses of $754K, and assets of $23.6M (revenue +2.1% year-over-year).
- 2022: Revenue of $235K, expenses of $754K, and assets of $24.1M (revenue +2.2% year-over-year).
- 2021: Revenue of $230K, expenses of $761K, and assets of $24.6M (revenue -96.9% year-over-year).
- 2020: Revenue of $7.3M, expenses of $614K, and assets of $25.2M (revenue +94.6% year-over-year).
- 2019: Revenue of $3.8M, expenses of $0, and assets of $20.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crsvlv College Preparatory Inc:
Data Sources and Methodology
This transparency report for Crsvlv College Preparatory 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.