James Craft & Son Employee Benefit Trust
Employee Benefit Trust Shows Consistent Revenue, Minimal Liabilities
EIN: 222489588 · York Haven, PA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $369K |
| Transparency Score | 75/100 |
Is James Craft & Son Employee Benefit Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
James Craft & Son Employee Benefit Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About James Craft & Son Employee Benefit Trust
James Craft & Son Employee Benefit Trust (EIN: 222489588) is a nonprofit organization based in York Haven, PA. The organization reported total revenue of $1.5M and total assets of $227K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of James Craft & Son Employee Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
James Craft & Son Employee Benefit Trust is a mid-size nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-159,558 |
| Total Assets | $380K |
| Total Liabilities | $11K |
| Net Assets | $369K |
| Operating Margin | -12.7% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2023, James Craft & Son Employee Benefit Trust reported a deficit of $160K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), James Craft & Son Employee Benefit Trust's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.7% | +18.6% | -28.7% |
| 2022 | +10.2% | +2.4% | +9.2% |
| 2021 | -15.5% | +3.8% | -8.6% |
| 2020 | +0.3% | -6.4% | +60.9% |
| 2019 | +14.7% | -6.8% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 James Craft & Son Employee Benefit Trust with a Mission Score of 75 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, James Craft & Son Employee Benefit Trust allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 deficit of $160K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.8%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating no direct compensation to key personnel from the trust.
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.
Strengths
The following positive indicators were identified for James Craft & Son Employee Benefit Trust:
- Consistently low liabilities, with 'Loans to or from officers, directors, trustees, key employees, and highest compensated employees' at $0.
- Consistent revenue generation over multiple years, with 2023 revenue at $1,251,705.
- Zero reported compensation for officers, directors, trustees, and key employees, suggesting efficient management of funds for beneficiaries.
Frequently Asked Questions about James Craft & Son Employee Benefit Trust
Is James Craft & Son Employee Benefit Trust a legitimate charity?
James Craft & Son Employee Benefit Trust (EIN: 222489588) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. 3 strengths noted. Financial health grade: B.
How does James Craft & Son Employee Benefit Trust spend its money?
James Craft & Son Employee Benefit Trust directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to James Craft & Son Employee Benefit Trust tax-deductible?
James Craft & Son Employee Benefit Trust is registered as a tax-exempt nonprofit (EIN: 222489588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the James Craft & Son Employee Benefit Trust CEO make?
James Craft & Son Employee Benefit Trust's highest-compensated officer earns $0 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of James Craft & Son Employee Benefit Trust's spending goes to programs?
James Craft & Son Employee Benefit Trust directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is James Craft & Son Employee Benefit Trust located?
James Craft & Son Employee Benefit Trust is headquartered in York Haven, Pennsylvania and files with the IRS under EIN 222489588.
How many years of IRS 990 filings does James Craft & Son Employee Benefit Trust have?
James Craft & Son Employee Benefit Trust 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 $1.5M in total revenue.
What does James Craft & Son Employee Benefit Trust do?
James Craft & Son Employee Benefit Trust is a nonprofit organization in the Unknown sector, located in York Haven, Pennsylvania. It is classified under NTEE code Unknown.
How much revenue does James Craft & Son Employee Benefit Trust have?
James Craft & Son Employee Benefit Trust reported total revenue of $1,467,979. Based on 13 IRS 990 filings on record.
What are James Craft & Son Employee Benefit Trust's total assets?
James Craft & Son Employee Benefit Trust holds total assets of $226,588 as reported in IRS 990 filings.
Where is James Craft & Son Employee Benefit Trust located?
James Craft & Son Employee Benefit Trust is based in York Haven, Pennsylvania.
What is James Craft & Son Employee Benefit Trust's EIN?
James Craft & Son Employee Benefit Trust's Employer Identification Number (EIN) is 222489588. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is James Craft & Son Employee Benefit Trust?
James Craft & Son Employee Benefit Trust is classified under NTEE code Unknown (Unknown).
Is James Craft & Son Employee Benefit Trust a registered 501(c)(3)?
James Craft & Son Employee Benefit Trust appears in IRS records (EIN: 222489588). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does James Craft & Son Employee Benefit Trust file IRS Form 990?
Yes, James Craft & Son Employee Benefit Trust has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was James Craft & Son Employee Benefit Trust's revenue in 2023?
In the 202312 filing period, James Craft & Son Employee Benefit Trust reported total revenue of $1,251,705, total expenses of $1,411,263, and net assets of $380,046.
Is James Craft & Son Employee Benefit Trust's revenue growing or declining?
James Craft & Son Employee Benefit Trust's revenue is relatively stable. Revenue went from $1,230,920 (202212) to $1,251,705 (202312), a +1.7% change. Based on 13 filings on record.
What is James Craft & Son Employee Benefit Trust's most recent 990 filing?
The most recent IRS Form 990 filing for James Craft & Son Employee Benefit Trust covers tax period 202312. It shows revenue of $1,251,705, expenses of $1,411,263, total assets of $380,046, and liabilities of $10,679.
How much does James Craft & Son Employee Benefit Trust spend on programs vs administration?
Based on IRS 990 analysis, James Craft & Son Employee Benefit Trust allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is James Craft & Son Employee Benefit Trust a trustworthy charity?
Based on AI analysis of IRS 990 data, James Craft & Son Employee Benefit Trust appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are James Craft & Son Employee Benefit Trust's strengths?
Positive indicators for James Craft & Son Employee Benefit Trust include: Consistently low liabilities, with 'Loans to or from officers, directors, trustees, key employees, and highest compensated employees' at $0.. Consistent revenue generation over multiple years, with 2023 revenue at $1,251,705.. Zero reported compensation for officers, directors, trustees, and key employees, suggesting efficient management of funds for beneficiaries.. These findings are derived from AI analysis of the organization's financial filings.
How does James Craft & Son Employee Benefit Trust compensate executives?
Executive compensation is reported as $0 across all available filings, indicating no direct compensation to key personnel from the trust. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Employee Benefit Trust' designation and zero reported compensation for key personnel, how are the trust's administrative functions managed and funded?
The trust's administrative functions are likely managed by an external entity or through a separate arrangement with the sponsoring employer, James Craft & Son, as no direct compensation for these roles is reported within the trust's filings.
Filing History
IRS 990 filing history for James Craft & Son Employee Benefit Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), James Craft & Son Employee Benefit Trust's revenue has grown by 38.7%, moving from $902K to $1.3M. Total assets increased by 12.4% over the same period, from $338K to $380K. Total functional expenses rose by 63.5%, from $863K to $1.4M. In its most recent filing year (2023), James Craft & Son Employee Benefit Trust reported a deficit of $160K, with expenses exceeding revenue. The organization holds $11K in liabilities against $380K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $369K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.4M | $380K | $11K | — | — |
| 2022 | $1.2M | $1.2M | $533K | $4K | — | — |
| 2021 | $1.1M | $1.2M | $488K | $0 | — | View 990 |
| 2020 | $1.3M | $1.1M | $534K | $620 | — | — |
| 2019 | $1.3M | $1.2M | $332K | $651 | — | View 990 |
| 2018 | $1.1M | $1.3M | $333K | $124K | — | View 990 |
| 2017 | $810K | $1.1M | $369K | $26K | — | View 990 |
| 2016 | $1.4M | $1.2M | $715K | $40K | — | View 990 |
| 2015 | $1.4M | $1.0M | $455K | $15K | — | View 990 |
| 2014 | $1.2M | $1.2M | $192K | $130K | — | View 990 |
| 2013 | $699K | $963K | $175K | $73K | — | View 990 |
| 2012 | $1.1M | $1.0M | $369K | $2K | — | View 990 |
| 2011 | $902K | $863K | $338K | $59K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.4M, and assets of $380K (revenue +1.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.2M, and assets of $533K (revenue +10.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.2M, and assets of $488K (revenue -15.5% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $534K (revenue +0.3% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $332K (revenue +14.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.3M, and assets of $333K (revenue +41.7% year-over-year).
- 2017: Revenue of $810K, expenses of $1.1M, and assets of $369K (revenue -42.9% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.2M, and assets of $715K (revenue -0.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.0M, and assets of $455K (revenue +19.7% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $192K (revenue +69.6% year-over-year).
- 2013: Revenue of $699K, expenses of $963K, and assets of $175K (revenue -36.2% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.0M, and assets of $369K (revenue +21.4% year-over-year).
- 2011: Revenue of $902K, expenses of $863K, and assets of $338K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for James Craft & Son Employee Benefit Trust:
Data Sources and Methodology
This transparency report for James Craft & Son Employee Benefit Trust 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.