Touchstone Center For Crafts
EIN: 237258132 · Farmington, PA · NTEE: A400
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| Net Assets | $4.0M |
Is Touchstone Center For Crafts Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Touchstone Center For Crafts
Touchstone Center For Crafts (EIN: 237258132) is a nonprofit organization based in Farmington, PA, classified under NTEE code A400. The organization reported total revenue of $1.3M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Touchstone Center For Crafts's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Touchstone Center For Crafts is a mid-size nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $773K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-426,318 |
| Total Assets | $4.5M |
| Total Liabilities | $505K |
| Net Assets | $4.0M |
| Operating Margin | -55.2% |
| Debt-to-Asset Ratio | 11.3% |
| Months of Reserves | 44.9 months |
Financial Health Grade: B
In 2023, Touchstone Center For Crafts reported a deficit of $426K with expenses exceeding revenue, holds 44.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Touchstone Center For Crafts's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.0% | +9.9% | -4.2% |
| 2022 | +28.1% | +22.7% | +3.7% |
| 2021 | +72.6% | +44.9% | +4.1% |
| 2020 | +18.9% | -21.0% | +9.3% |
| 2019 | +0.4% | -11.5% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Touchstone Center For Crafts 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 Touchstone Center For Crafts 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 $426K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.3%.
Frequently Asked Questions about Touchstone Center For Crafts
Is Touchstone Center For Crafts a legitimate charity?
Touchstone Center For Crafts (EIN: 237258132) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does Touchstone Center For Crafts spend its money?
Touchstone Center For Crafts reported $1.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Touchstone Center For Crafts tax-deductible?
Touchstone Center For Crafts is registered as a tax-exempt nonprofit (EIN: 237258132). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Touchstone Center For Crafts located?
Touchstone Center For Crafts is headquartered in Farmington, Pennsylvania and files with the IRS under EIN 237258132. It is classified under NTEE code A400.
How many years of IRS 990 filings does Touchstone Center For Crafts have?
Touchstone Center For Crafts 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Touchstone Center For Crafts showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Touchstone Center For Crafts's revenue has grown by 116.6%, moving from $357K to $773K. Total assets increased by 36.2% over the same period, from $3.3M to $4.5M. Total functional expenses rose by 132.5%, from $516K to $1.2M. In its most recent filing year (2023), Touchstone Center For Crafts reported a deficit of $426K, with expenses exceeding revenue. The organization holds $505K in liabilities against $4.5M in assets (debt-to-asset ratio: 11.3%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $773K | $1.2M | $4.5M | $505K | — | — |
| 2022 | $1.5M | $1.1M | $4.7M | $360K | — | View 990 |
| 2021 | $1.2M | $889K | $4.5M | $363K | — | View 990 |
| 2020 | $673K | $614K | $4.3M | $500K | — | — |
| 2019 | $566K | $777K | $4.0M | $269K | — | View 990 |
| 2018 | $564K | $878K | $4.1M | $255K | — | View 990 |
| 2017 | $730K | $765K | $4.5M | $267K | — | — |
| 2016 | $665K | $751K | $4.5M | $254K | — | View 990 |
| 2015 | $592K | $785K | $4.6M | $270K | — | View 990 |
| 2014 | $884K | $919K | $4.6M | $20K | — | View 990 |
| 2013 | $999K | $824K | $4.6M | $11K | — | View 990 |
| 2012 | $1.7M | $614K | $4.4M | $138K | — | View 990 |
| 2011 | $357K | $516K | $3.3M | $137K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $773K, expenses of $1.2M, and assets of $4.5M (revenue -48.0% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.1M, and assets of $4.7M (revenue +28.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $889K, and assets of $4.5M (revenue +72.6% year-over-year).
- 2020: Revenue of $673K, expenses of $614K, and assets of $4.3M (revenue +18.9% year-over-year).
- 2019: Revenue of $566K, expenses of $777K, and assets of $4.0M (revenue +0.4% year-over-year).
- 2018: Revenue of $564K, expenses of $878K, and assets of $4.1M (revenue -22.8% year-over-year).
- 2017: Revenue of $730K, expenses of $765K, and assets of $4.5M (revenue +9.9% year-over-year).
- 2016: Revenue of $665K, expenses of $751K, and assets of $4.5M (revenue +12.3% year-over-year).
- 2015: Revenue of $592K, expenses of $785K, and assets of $4.6M (revenue -33.1% year-over-year).
- 2014: Revenue of $884K, expenses of $919K, and assets of $4.6M (revenue -11.5% year-over-year).
- 2013: Revenue of $999K, expenses of $824K, and assets of $4.6M (revenue -41.0% year-over-year).
- 2012: Revenue of $1.7M, expenses of $614K, and assets of $4.4M (revenue +374.2% year-over-year).
- 2011: Revenue of $357K, expenses of $516K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Touchstone Center For Crafts:
Data Sources and Methodology
This transparency report for Touchstone Center For Crafts 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.