Culture Restoration Project Inc
EIN: 811394877 · Wilmington, DE · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $208K |
| Total Expenses | $213K |
| Net Assets | $250K |
Is Culture Restoration Project Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Culture Restoration Project Inc
Culture Restoration Project Inc (EIN: 811394877) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B90. The organization reported total revenue of $208K and total assets of $239K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Culture Restoration Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Culture Restoration Project Inc is a small nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2021–2024). Revenue has grown at a compound annual rate of -8.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $152K |
| Total Expenses | $213K |
| Surplus / Deficit | $-61,646 |
| Total Assets | $252K |
| Total Liabilities | $3K |
| Net Assets | $250K |
| Operating Margin | -40.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 14.2 months |
Financial Health Grade: B
In 2024, Culture Restoration Project Inc reported a deficit of $62K with expenses exceeding revenue, holds 14.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 4 years of filings (2021–2024), Culture Restoration Project Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -65.7% | -6.1% | -19.7% |
| 2023 | +260.1% | +52.7% | +182.1% |
| 2022 | -37.2% | +74.0% | -16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Culture Restoration Project 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 Culture Restoration Project 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 $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Culture Restoration Project Inc
Is Culture Restoration Project Inc a legitimate charity?
Culture Restoration Project Inc (EIN: 811394877) is a registered tax-exempt nonprofit based in Delaware. It has 4 years of IRS 990 filings on record. Total revenue: $208K. No red flags identified. Financial health grade: B.
How does Culture Restoration Project Inc spend its money?
Culture Restoration Project Inc reported $208K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Culture Restoration Project Inc tax-deductible?
Culture Restoration Project Inc is registered as a tax-exempt nonprofit (EIN: 811394877). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Culture Restoration Project Inc located?
Culture Restoration Project Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 811394877. It is classified under NTEE code B90.
How many years of IRS 990 filings does Culture Restoration Project Inc have?
Culture Restoration Project Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $208K in total revenue.
Filing History
IRS 990 filing history for Culture Restoration Project Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2021–2024), Culture Restoration Project Inc's revenue has declined by 22.4%, moving from $195K to $152K. Total assets increased by 88.9% over the same period, from $134K to $252K. Total functional expenses rose by 149.6%, from $85K to $213K. In its most recent filing year (2024), Culture Restoration Project Inc reported a deficit of $62K, with expenses exceeding revenue. The organization holds $3K in liabilities against $252K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $250K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $152K | $213K | $252K | $3K | — | — |
| 2023 | $441K | $227K | $314K | $2K | — | View 990 |
| 2022 | $123K | $149K | $111K | $9K | — | View 990 |
| 2021 | $195K | $85K | $134K | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $152K, expenses of $213K, and assets of $252K (revenue -65.7% year-over-year).
- 2023: Revenue of $441K, expenses of $227K, and assets of $314K (revenue +260.1% year-over-year).
- 2022: Revenue of $123K, expenses of $149K, and assets of $111K (revenue -37.2% year-over-year).
- 2021: Revenue of $195K, expenses of $85K, and assets of $134K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Culture Restoration Project Inc:
Data Sources and Methodology
This transparency report for Culture Restoration Project 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.