Federation Ccrc Operations Corp
EIN: 272296079 · Boca Raton, FL · NTEE: L22
Is Federation Ccrc Operations Corp Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Federation Ccrc Operations Corp
Federation Ccrc Operations Corp (EIN: 272296079) is a nonprofit organization based in Boca Raton, FL, classified under NTEE code L22. The organization reported total revenue of $55.9M and total assets of $342.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Federation Ccrc Operations Corp's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Federation Ccrc Operations Corp is a major nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $46.0M |
| Total Expenses | $57.3M |
| Surplus / Deficit | $-11,352,081 |
| Total Assets | $345.1M |
| Total Liabilities | $436.5M |
| Net Assets | $-91,385,615 |
| Operating Margin | -24.7% |
| Debt-to-Asset Ratio | 126.5% |
| Months of Reserves | 72.2 months |
Financial Health Grade: C
In 2023, Federation Ccrc Operations Corp reported a deficit of $11.4M with expenses exceeding revenue, holds 72.2 months of operating reserves (strong position), has a debt-to-asset ratio of 126.5% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.8% | +8.7% | -20.2% |
| 2022 | +4.2% | +21.5% | +16.0% |
| 2021 | -16.0% | +0.6% | +51.3% |
| 2020 | +20.5% | +0.7% | -0.6% |
| 2019 | +5.3% | +5.0% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Federation Ccrc Operations Corp 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 Federation Ccrc Operations Corp 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 126.5%.
Frequently Asked Questions about Federation Ccrc Operations Corp
Is Federation Ccrc Operations Corp a legitimate charity?
Based on AI analysis of IRS 990 filings, Federation Ccrc Operations Corp (EIN: 272296079) insufficient data. 0 red flags identified, 0 strengths noted.
How does Federation Ccrc Operations Corp spend its money?
Detailed spending breakdown data is not yet available for Federation Ccrc Operations Corp. Check back for updated IRS 990 analysis.
Are donations to Federation Ccrc Operations Corp tax-deductible?
Federation Ccrc Operations Corp is registered as a tax-exempt nonprofit (EIN: 272296079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Federation Ccrc Operations Corp showing financial trends over 12 years of public records:
Total assets increased by 2934.5% over the same period, from $11.4M to $345.1M. Total functional expenses rose by 86856.8%, from $66K to $57.3M. In its most recent filing year (2023), Federation Ccrc Operations Corp reported a deficit of $11.4M, with expenses exceeding revenue. The organization holds $436.5M in liabilities against $345.1M in assets (debt-to-asset ratio: 126.5%), resulting in net assets of $-91,385,615.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $46.0M | $57.3M | $345.1M | $436.5M | — | — |
| 2022 | $34.6M | $52.7M | $432.4M | $511.7M | — | View 990 |
| 2021 | $33.2M | $43.4M | $372.8M | $433.8M | — | View 990 |
| 2020 | $39.5M | $43.1M | $246.5M | $296.8M | — | — |
| 2019 | $32.8M | $42.8M | $248.0M | $294.8M | — | View 990 |
| 2018 | $31.2M | $40.8M | $249.5M | $281.0M | — | View 990 |
| 2017 | $20.7M | $37.5M | $255.6M | $277.1M | — | View 990 |
| 2016 | $4.6M | $8.7M | $354.6M | $359.0M | — | View 990 |
| 2015 | $12K | $476K | $227.7M | $228.2M | — | View 990 |
| 2014 | $36K | $604K | $213.6M | $213.6M | — | View 990 |
| 2013 | $0 | $279K | $18.5M | $18.8M | — | View 990 |
| 2012 | $0 | $66K | $11.4M | $11.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $46.0M, expenses of $57.3M, and assets of $345.1M (revenue +32.8% year-over-year).
- 2022: Revenue of $34.6M, expenses of $52.7M, and assets of $432.4M (revenue +4.2% year-over-year).
- 2021: Revenue of $33.2M, expenses of $43.4M, and assets of $372.8M (revenue -16.0% year-over-year).
- 2020: Revenue of $39.5M, expenses of $43.1M, and assets of $246.5M (revenue +20.5% year-over-year).
- 2019: Revenue of $32.8M, expenses of $42.8M, and assets of $248.0M (revenue +5.3% year-over-year).
- 2018: Revenue of $31.2M, expenses of $40.8M, and assets of $249.5M (revenue +50.9% year-over-year).
- 2017: Revenue of $20.7M, expenses of $37.5M, and assets of $255.6M (revenue +344.8% year-over-year).
- 2016: Revenue of $4.6M, expenses of $8.7M, and assets of $354.6M (revenue +40270.2% year-over-year).
- 2015: Revenue of $12K, expenses of $476K, and assets of $227.7M (revenue -68.2% year-over-year).
- 2014: Revenue of $36K, expenses of $604K, and assets of $213.6M.
- 2013: Revenue of $0, expenses of $279K, and assets of $18.5M.
- 2012: Revenue of $0, expenses of $66K, and assets of $11.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Federation Ccrc Operations Corp:
Data Sources and Methodology
This transparency report for Federation Ccrc Operations Corp 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.