The Crh Foundation
Crh Foundation: Strong Asset Growth, Low Program Spending
EIN: 222669586 · Parsippany, NJ · Updated: 2026-04-04
About The Crh Foundation
The Crh Foundation (EIN: 222669586) is a nonprofit organization based in Parsippany, NJ. The organization reported total revenue of $3.9M and total assets of $9.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Crh Foundation'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 The Crh Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 45%
- programs: 10%
- fundraising: 45%
According to IRS 990 filings, The Crh Foundation allocates its expenses as follows: admin: 45%, programs: 10%, fundraising: 45%. Only 10% is directed toward programs, which may warrant further investigation by donors.
Executive Compensation Analysis
Executive compensation cannot be assessed from the provided data, as no specific compensation figures are available in the filings.
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 The Crh Foundation's IRS 990 filings:
- Program service expenses are consistently very low (e.g., $330,522 in 2023) compared to total expenses and asset base, raising questions about direct charitable impact.
- The organization's primary activity appears to be asset accumulation rather than active program delivery, given the large asset base and minimal program spending.
- Lack of detailed narrative or program descriptions in the provided data makes it difficult to understand the foundation's actual charitable activities.
Strengths
The following positive indicators were identified for The Crh Foundation:
- Consistent asset growth over the past decade, indicating strong financial management of its endowment.
- The organization maintains a healthy asset-to-revenue ratio, suggesting long-term financial stability.
Frequently Asked Questions about The Crh Foundation
What does The Crh Foundation do?
The Crh Foundation is a nonprofit organization in the Unknown sector, located in Parsippany, New Jersey. It is classified under NTEE code Unknown.
How much revenue does The Crh Foundation have?
The Crh Foundation reported total revenue of $3,933,548. Based on 10 IRS 990 filings on record.
What are The Crh Foundation's total assets?
The Crh Foundation holds total assets of $9,469,561 as reported in IRS 990 filings.
Where is The Crh Foundation located?
The Crh Foundation is based in Parsippany, New Jersey.
What is The Crh Foundation's EIN?
The Crh Foundation's Employer Identification Number (EIN) is 222669586. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Crh Foundation?
The Crh Foundation is classified under NTEE code Unknown (Unknown).
Is The Crh Foundation a registered 501(c)(3)?
The Crh Foundation appears in IRS records (EIN: 222669586). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Crh Foundation file IRS Form 990?
Yes, The Crh Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Crh Foundation's revenue in 2023?
In the 202312 filing period, The Crh Foundation reported total revenue of $3,250,266, total expenses of $330,522, and net assets of $9,469,561.
Is The Crh Foundation's revenue growing or declining?
The Crh Foundation's revenue is growing. Revenue went from $105,995 (202212) to $3,250,266 (202312), a +2966.4% change. Based on 10 filings on record.
What is The Crh Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for The Crh Foundation covers tax period 202312. It shows revenue of $3,250,266, expenses of $330,522, total assets of $9,469,561, and liabilities of $1.
How much does The Crh Foundation spend on programs vs administration?
Based on IRS 990 analysis, The Crh Foundation allocates approximately 10% of expenses to program services, 45% to administrative costs, and 45% to fundraising. Overhead costs appear high relative to program spending.
Is The Crh Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, The Crh Foundation shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 2 strengths noted.
What are the red flags for The Crh Foundation?
The following concerns were identified: Program service expenses are consistently very low (e.g., $330,522 in 2023) compared to total expenses and asset base, raising questions about direct charitable impact.. The organization's primary activity appears to be asset accumulation rather than active program delivery, given the large asset base and minimal program spending.. Lack of detailed narrative or program descriptions in the provided data makes it difficult to understand the foundation's actual charitable activities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Crh Foundation's strengths?
Positive indicators for The Crh Foundation include: Consistent asset growth over the past decade, indicating strong financial management of its endowment.. The organization maintains a healthy asset-to-revenue ratio, suggesting long-term financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does The Crh Foundation compensate executives?
Executive compensation cannot be assessed from the provided data, as no specific compensation figures are available in the filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial asset growth and minimal program expenses, what is the long-term strategy for The Crh Foundation's accumulated wealth?
The data suggests a strategy focused on endowment growth. Without further information, it's unclear if this is to fund future, larger initiatives or if the foundation primarily acts as a grant-making entity with very limited current disbursements.
How does The Crh Foundation define and execute its 'programs' given the low program service expense figures?
The low program service expenses (e.g., $330,522 in 2023) indicate either a very lean operational model for direct programs or that its primary charitable activity is through grants to other organizations, which would be reflected in program expenses. Further detail is needed to clarify.
Filing History
IRS 990 filing history for The Crh Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Crh Foundation's revenue has grown by 1005.4%, moving from $294K to $3.3M. Total assets increased by 240% over the same period, from $2.8M to $9.5M. Total functional expenses rose by 217.5%, from $104K to $331K. In its most recent filing year (2023), The Crh Foundation reported a surplus of $2.9M, with revenue exceeding expenses. The organization holds $1 in liabilities against $9.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $331K | $9.5M | $1 | — | View 990 |
| 2022 | $106K | $492K | $5.3M | $1 | — | View 990 |
| 2021 | $378K | $329K | $5.6M | $1 | — | View 990 |
| 2020 | $189K | $250K | $5.6M | $1 | — | — |
| 2019 | $350K | $242K | $5.7M | $1 | — | View 990 |
| 2015 | $263K | $191K | $3.5M | $1 | — | View 990 |
| 2014 | $267K | $102K | $3.4M | $1 | — | View 990 |
| 2013 | $480K | $126K | $3.2M | $1 | — | View 990 |
| 2012 | $234K | $159K | $2.9M | $1 | — | View 990 |
| 2011 | $294K | $104K | $2.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $331K, and assets of $9.5M (revenue +2966.4% year-over-year).
- 2022: Revenue of $106K, expenses of $492K, and assets of $5.3M (revenue -72.0% year-over-year).
- 2021: Revenue of $378K, expenses of $329K, and assets of $5.6M (revenue +99.8% year-over-year).
- 2020: Revenue of $189K, expenses of $250K, and assets of $5.6M (revenue -46.0% year-over-year).
- 2019: Revenue of $350K, expenses of $242K, and assets of $5.7M (revenue +33.0% year-over-year).
- 2015: Revenue of $263K, expenses of $191K, and assets of $3.5M (revenue -1.3% year-over-year).
- 2014: Revenue of $267K, expenses of $102K, and assets of $3.4M (revenue -44.4% year-over-year).
- 2013: Revenue of $480K, expenses of $126K, and assets of $3.2M (revenue +105.1% year-over-year).
- 2012: Revenue of $234K, expenses of $159K, and assets of $2.9M (revenue -20.4% year-over-year).
- 2011: Revenue of $294K, expenses of $104K, and assets of $2.8M.
Data Sources and Methodology
This transparency report for The Crh 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.