Crucible Project
Crucible Project shows stable revenue growth and no reported officer compensation, but has experienced periods of deficit spending.
EIN: 203918105 · San Antonio, TX · NTEE: F60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.2M |
| Program Spending | 80% |
| Net Assets | $135K |
| Transparency Score | 85/100 |
Is Crucible Project Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Crucible Project directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Crucible Project
Crucible Project (EIN: 203918105) is a nonprofit organization based in San Antonio, TX, classified under NTEE code F60. The organization reported total revenue of $1.4M and total assets of $303K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Crucible Project's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Crucible Project is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 13.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$108K |
| Total Assets | $413K |
| Total Liabilities | $278K |
| Net Assets | $135K |
| Operating Margin | 8.3% |
| Debt-to-Asset Ratio | 67.4% |
| Months of Reserves | 4.2 months |
Financial Health Grade: A
In 2024, Crucible Project reported a surplus of $108K with revenue exceeding expenses, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 67.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2024), Crucible Project's revenue has grown at a compound annual growth rate (CAGR) of 13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +19.8% | +0.9% | +46.0% |
| 2023 | +4.1% | +6.8% | -31.0% |
| 2022 | +10.1% | +13.1% | +20.0% |
| 2021 | -8.8% | -10.5% | -24.4% |
| 2020 | -7.1% | +6.7% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Crucible Project 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, Crucible Project 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $108K, with revenue exceeding expenses.
- Debt-to-asset ratio: 67.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through mechanisms not classified as officer compensation on the IRS 990.
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 Crucible Project's IRS 990 filings:
- Occasional deficit spending (e.g., 202306 expenses exceeded revenue by $95,451)
- Increasing liabilities over time, reaching $278,407 in 202406
Strengths
The following positive indicators were identified for Crucible Project:
- Consistent revenue growth over the past decade, from $441,917 in 201506 to $1,296,845 in 202406
- No reported officer compensation, indicating efficient use of funds or volunteer leadership
- Significant growth in assets over time, from $90,577 in 201506 to $413,364 in 202406
- Generally positive net income in recent years (e.g., $107,848 surplus in 202406)
Frequently Asked Questions about Crucible Project
Is Crucible Project a legitimate charity?
Crucible Project (EIN: 203918105) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.4M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Crucible Project spend its money?
Crucible Project directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Crucible Project tax-deductible?
Crucible Project is registered as a tax-exempt nonprofit (EIN: 203918105). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Crucible Project's spending goes to programs?
Crucible Project directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Crucible Project compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Crucible Project is above average for NTEE category F60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Crucible Project located?
Crucible Project is headquartered in San Antonio, Texas and files with the IRS under EIN 203918105. It is classified under NTEE code F60.
How many years of IRS 990 filings does Crucible Project have?
Crucible Project has 13 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 $1.4M in total revenue.
Is Crucible Project financially stable?
Yes, generally. While there have been periods of deficit spending (e.g., 202306 with expenses exceeding revenue by $95,451), recent filings show revenues exceeding expenses (e.g., 202406 with a surplus of $107,848), and assets have grown significantly over the past decade.
How does Crucible Project compensate its leadership?
The IRS 990 filings consistently report 0% officer compensation, suggesting that executive leadership is either volunteer-based or compensated through means not categorized as officer compensation on the form, which would require further inquiry.
Has Crucible Project's financial health improved over time?
Yes, overall. Revenue has grown from $441,917 in 201506 to $1,296,845 in 202406, and assets have increased from $90,577 to $413,364 in the same period, indicating significant growth and improved financial capacity.
Filing History
IRS 990 filing history for Crucible Project showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Crucible Project's revenue has grown by 406.3%, moving from $256K to $1.3M. Total assets increased by 964.5% over the same period, from $39K to $413K. Total functional expenses rose by 351.1%, from $264K to $1.2M. In its most recent filing year (2024), Crucible Project reported a surplus of $108K, with revenue exceeding expenses. The organization holds $278K in liabilities against $413K in assets (debt-to-asset ratio: 67.4%), resulting in net assets of $135K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.3M | $1.2M | $413K | $278K | — | View 990 |
| 2023 | $1.1M | $1.2M | $283K | $256K | — | View 990 |
| 2022 | $1.0M | $1.1M | $410K | $288K | — | View 990 |
| 2021 | $944K | $975K | $342K | $156K | — | View 990 |
| 2020 | $1.0M | $1.1M | $452K | $236K | — | View 990 |
| 2019 | $1.1M | $1.0M | $400K | $130K | — | View 990 |
| 2018 | $941K | $949K | $286K | $111K | — | View 990 |
| 2016 | $622K | $557K | $171K | $49K | — | View 990 |
| 2015 | $442K | $483K | $91K | $34K | — | View 990 |
| 2014 | $415K | $431K | $109K | $11K | — | View 990 |
| 2013 | $379K | $368K | $126K | $12K | — | View 990 |
| 2012 | $323K | $271K | $90K | $-10,206 | — | View 990 |
| 2011 | $256K | $264K | $39K | $-10,039 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.3M, expenses of $1.2M, and assets of $413K (revenue +19.8% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $283K (revenue +4.1% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.1M, and assets of $410K (revenue +10.1% year-over-year).
- 2021: Revenue of $944K, expenses of $975K, and assets of $342K (revenue -8.8% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $452K (revenue -7.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $400K (revenue +18.5% year-over-year).
- 2018: Revenue of $941K, expenses of $949K, and assets of $286K (revenue +51.3% year-over-year).
- 2016: Revenue of $622K, expenses of $557K, and assets of $171K (revenue +40.8% year-over-year).
- 2015: Revenue of $442K, expenses of $483K, and assets of $91K (revenue +6.4% year-over-year).
- 2014: Revenue of $415K, expenses of $431K, and assets of $109K (revenue +9.6% year-over-year).
- 2013: Revenue of $379K, expenses of $368K, and assets of $126K (revenue +17.4% year-over-year).
- 2012: Revenue of $323K, expenses of $271K, and assets of $90K (revenue +26.1% year-over-year).
- 2011: Revenue of $256K, expenses of $264K, and assets of $39K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Crucible Project:
Data Sources and Methodology
This transparency report for Crucible Project 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.