Rc Craft Family Foundation
EIN: 261601075 · Fairhope, AL · NTEE: T22
Is Rc Craft Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rc Craft Family Foundation
Rc Craft Family Foundation (EIN: 261601075) is a nonprofit organization based in Fairhope, AL, classified under NTEE code T22. The organization reported total revenue of $88K and total assets of $689K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rc Craft Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Rc Craft Family Foundation 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 Rc Craft Family Foundation 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.
Frequently Asked Questions about Rc Craft Family Foundation
Is Rc Craft Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Rc Craft Family Foundation (EIN: 261601075) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rc Craft Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Rc Craft Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Rc Craft Family Foundation tax-deductible?
Rc Craft Family Foundation is registered as a tax-exempt nonprofit (EIN: 261601075). 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 Rc Craft Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rc Craft Family Foundation's revenue has declined by 79.1%, moving from $143K to $30K. Total assets decreased by 30.4% over the same period, from $1000K to $696K. Total functional expenses fell by 18.9%, from $77K to $63K. In its most recent filing year (2023), Rc Craft Family Foundation reported a deficit of $33K, with expenses exceeding revenue. The organization holds $1 in liabilities against $696K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $696K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $30K | $63K | $696K | $1 | — | — |
| 2022 | $31K | $61K | $729K | $1 | — | View 990 |
| 2021 | $71K | $155K | $759K | $1 | — | — |
| 2020 | $22K | $53K | $843K | $1 | — | — |
| 2019 | $43K | $155K | $873K | $1 | — | View 990 |
| 2015 | $13K | $50K | $696K | $1 | — | View 990 |
| 2014 | $16K | $42K | $733K | $1 | — | View 990 |
| 2013 | $5K | $53K | $759K | $1 | — | View 990 |
| 2012 | $-112,639 | $80K | $807K | $1 | — | View 990 |
| 2011 | $143K | $77K | $1000K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $30K, expenses of $63K, and assets of $696K (revenue -5.1% year-over-year).
- 2022: Revenue of $31K, expenses of $61K, and assets of $729K (revenue -55.5% year-over-year).
- 2021: Revenue of $71K, expenses of $155K, and assets of $759K (revenue +224.1% year-over-year).
- 2020: Revenue of $22K, expenses of $53K, and assets of $843K (revenue -48.8% year-over-year).
- 2019: Revenue of $43K, expenses of $155K, and assets of $873K (revenue +230.5% year-over-year).
- 2015: Revenue of $13K, expenses of $50K, and assets of $696K (revenue -20.9% year-over-year).
- 2014: Revenue of $16K, expenses of $42K, and assets of $733K (revenue +244.1% year-over-year).
- 2013: Revenue of $5K, expenses of $53K, and assets of $759K.
- 2012: Revenue of $-112,639, expenses of $80K, and assets of $807K (revenue -178.9% year-over-year).
- 2011: Revenue of $143K, expenses of $77K, and assets of $1000K.
Data Sources and Methodology
This transparency report for Rc Craft Family Foundation 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.