The Centurion Foundation Inc
EIN: 582235068 · Atlanta, GA
| Metric | Value |
|---|---|
| Total Revenue | $14.8M |
| Total Expenses | $8.3M |
| Net Assets | $-2,541 |
Is The Centurion Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Centurion Foundation Inc
The Centurion Foundation Inc (EIN: 582235068) is a nonprofit organization based in Atlanta, GA. The organization reported total revenue of $14.8M and total assets of $851.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Centurion Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Centurion Foundation Inc is a large nonprofit that has been operating for 6 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 49.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.0M |
| Total Expenses | $8.3M |
| Surplus / Deficit | $-255,886 |
| Total Assets | $479.3M |
| Total Liabilities | $479.3M |
| Net Assets | $-2,541 |
| Operating Margin | -3.2% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 695.0 months |
Financial Health Grade: C
In 2023, The Centurion Foundation Inc reported a deficit of $256K with expenses exceeding revenue, holds 695.0 months of operating reserves (strong position), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), The Centurion Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 49.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | +6.8% | +106.2% |
| 2022 | +31.7% | +41.9% | +20.3% |
| 2021 | +883.1% | +625.9% | +1400.7% |
| 2019 | -42.1% | -25.2% | -4.6% |
| 2018 | -30.3% | -30.3% | -49.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Centurion Foundation 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 The Centurion Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $256K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about The Centurion Foundation Inc
Is The Centurion Foundation Inc a legitimate charity?
The Centurion Foundation Inc (EIN: 582235068) is a registered tax-exempt nonprofit based in Georgia. It has 12 years of IRS 990 filings on record. Total revenue: $14.8M. No red flags identified. Financial health grade: C.
How does The Centurion Foundation Inc spend its money?
The Centurion Foundation Inc reported $14.8M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Centurion Foundation Inc tax-deductible?
The Centurion Foundation Inc is registered as a tax-exempt nonprofit (EIN: 582235068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Centurion Foundation Inc located?
The Centurion Foundation Inc is headquartered in Atlanta, Georgia and files with the IRS under EIN 582235068.
How many years of IRS 990 filings does The Centurion Foundation Inc have?
The Centurion Foundation Inc has 12 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 $14.8M in total revenue.
Filing History
IRS 990 filing history for The Centurion Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), The Centurion Foundation Inc's revenue has grown by 12494.7%, moving from $64K to $8.0M. Total assets increased by 2698.4% over the same period, from $17.1M to $479.3M. Total functional expenses rose by 69687.2%, from $12K to $8.3M. In its most recent filing year (2023), The Centurion Foundation Inc reported a deficit of $256K, with expenses exceeding revenue. The organization holds $479.3M in liabilities against $479.3M in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $-2,541.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.0M | $8.3M | $479.3M | $479.3M | — | View 990 |
| 2022 | $7.6M | $7.7M | $232.4M | $232.1M | — | View 990 |
| 2021 | $5.8M | $5.5M | $193.2M | $192.8M | — | View 990 |
| 2019 | $586K | $752K | $12.9M | $12.8M | — | View 990 |
| 2018 | $1.0M | $1.0M | $13.5M | $13.3M | — | View 990 |
| 2017 | $1.5M | $1.4M | $26.9M | $26.7M | — | View 990 |
| 2016 | $1.5M | $1.5M | $27.7M | $27.5M | — | View 990 |
| 2015 | $1.5M | $1.5M | $28.5M | $28.3M | — | View 990 |
| 2014 | $1.6M | $1.6M | $29.2M | $29.0M | — | View 990 |
| 2013 | $1.6M | $1.6M | $29.9M | $29.7M | — | View 990 |
| 2012 | $32K | $11K | $30.6M | $30.4M | — | View 990 |
| 2011 | $64K | $12K | $17.1M | $17.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.0M, expenses of $8.3M, and assets of $479.3M (revenue +5.7% year-over-year).
- 2022: Revenue of $7.6M, expenses of $7.7M, and assets of $232.4M (revenue +31.7% year-over-year).
- 2021: Revenue of $5.8M, expenses of $5.5M, and assets of $193.2M (revenue +883.1% year-over-year).
- 2019: Revenue of $586K, expenses of $752K, and assets of $12.9M (revenue -42.1% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.0M, and assets of $13.5M (revenue -30.3% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $26.9M (revenue -3.8% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.5M, and assets of $27.7M (revenue -2.5% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.5M, and assets of $28.5M (revenue -2.4% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.6M, and assets of $29.2M (revenue -2.2% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $29.9M (revenue +4949.7% year-over-year).
- 2012: Revenue of $32K, expenses of $11K, and assets of $30.6M (revenue -49.6% year-over-year).
- 2011: Revenue of $64K, expenses of $12K, and assets of $17.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Centurion Foundation Inc:
Data Sources and Methodology
This transparency report for The Centurion Foundation 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.