Josephine And Louise Cranefoundation
Josephine And Louise Cranefoundation maintains substantial assets and zero reported officer compensation, demonstrating strong financial health and efficiency.
EIN: 208970284 · Falmouth, MA · NTEE: T22 · Updated: 2026-03-28
Is Josephine And Louise Cranefoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Josephine And Louise Cranefoundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Josephine And Louise Cranefoundation
Josephine And Louise Cranefoundation (EIN: 208970284) is a nonprofit organization based in Falmouth, MA, classified under NTEE code T22. The organization reported total revenue of $20.5M and total assets of $57.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Josephine And Louise Cranefoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Josephine And Louise Cranefoundation with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Josephine And Louise Cranefoundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual and suggests a volunteer-led or extremely lean administrative structure.
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 Josephine And Louise Cranefoundation's IRS 990 filings:
- Significant year-over-year revenue volatility, which could impact long-term planning if not managed by asset base.
Strengths
The following positive indicators were identified for Josephine And Louise Cranefoundation:
- Zero reported officer compensation across all filings, indicating extremely low administrative overhead.
- Substantial asset base of $57,535,734, providing long-term financial stability.
- Consistently low liabilities, often $1, reflecting excellent financial management.
- High program spending efficiency due to minimal administrative and fundraising costs.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about Josephine And Louise Cranefoundation
Is Josephine And Louise Cranefoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Josephine And Louise Cranefoundation (EIN: 208970284) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Josephine And Louise Cranefoundation spend its money?
Josephine And Louise Cranefoundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Josephine And Louise Cranefoundation tax-deductible?
Josephine And Louise Cranefoundation is registered as a tax-exempt nonprofit (EIN: 208970284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Josephine And Louise Cranefoundation a good charity?
Based on its financial data, the Josephine And Louise Cranefoundation appears to be a very good charity. It has substantial assets ($57,535,734), consistently low liabilities, and most notably, reports 0% officer compensation, meaning virtually all expenses are directed towards its mission or operational overhead without executive salary costs.
How does the foundation manage its administrative costs?
The foundation manages its administrative costs exceptionally well, evidenced by the consistent reporting of 0% officer compensation. This suggests a highly efficient, possibly volunteer-driven, administrative model, allowing a very high proportion of its funds to be allocated to programmatic activities.
What is the trend in the foundation's revenue and expenses?
The foundation's revenue has been volatile, ranging from $1.95 million in 2020 to $10.83 million in 2021, and $5.40 million in 2023. Expenses have been more stable, generally between $3.5 million and $5.8 million annually, indicating consistent operational spending despite revenue fluctuations.
Filing History
IRS 990 filing history for Josephine And Louise Cranefoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Josephine And Louise Cranefoundation's revenue has grown by 103%, moving from $2.7M to $5.4M. Total assets decreased by 6.2% over the same period, from $51.1M to $47.9M. Total functional expenses rose by 52.6%, from $3.6M to $5.5M. In its most recent filing year (2023), Josephine And Louise Cranefoundation reported a deficit of $136K, with expenses exceeding revenue. The organization holds $1 in liabilities against $47.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $47.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $5.4M | $5.5M | $47.9M | $1 | — | View 990 |
| 2022 | $3.3M | $5.8M | $48.0M | $1 | — | View 990 |
| 2021 | $10.8M | $5.2M | $50.6M | $15K | — | View 990 |
| 2020 | $2.0M | $4.8M | $44.9M | $1 | — | View 990 |
| 2019 | $3.7M | $4.3M | $47.7M | $0 | — | View 990 |
| 2015 | $4.3M | $4.2M | $50.5M | $0 | — | View 990 |
| 2014 | $4.5M | $4.1M | $50.3M | $0 | — | View 990 |
| 2013 | $3.8M | $3.7M | $50.0M | $0 | — | View 990 |
| 2012 | $2.4M | $3.6M | $49.9M | $0 | — | View 990 |
| 2011 | $2.7M | $3.6M | $51.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.4M, expenses of $5.5M, and assets of $47.9M (revenue +64.4% year-over-year).
- 2022: Revenue of $3.3M, expenses of $5.8M, and assets of $48.0M (revenue -69.7% year-over-year).
- 2021: Revenue of $10.8M, expenses of $5.2M, and assets of $50.6M (revenue +454.4% year-over-year).
- 2020: Revenue of $2.0M, expenses of $4.8M, and assets of $44.9M (revenue -47.7% year-over-year).
- 2019: Revenue of $3.7M, expenses of $4.3M, and assets of $47.7M (revenue -13.4% year-over-year).
- 2015: Revenue of $4.3M, expenses of $4.2M, and assets of $50.5M (revenue -3.1% year-over-year).
- 2014: Revenue of $4.5M, expenses of $4.1M, and assets of $50.3M (revenue +17.4% year-over-year).
- 2013: Revenue of $3.8M, expenses of $3.7M, and assets of $50.0M (revenue +56.9% year-over-year).
- 2012: Revenue of $2.4M, expenses of $3.6M, and assets of $49.9M (revenue -9.2% year-over-year).
- 2011: Revenue of $2.7M, expenses of $3.6M, and assets of $51.1M.
Data Sources and Methodology
This transparency report for Josephine And Louise Cranefoundation 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.