White Crane Wellness Center Inc
EIN: 363719545 · Chicago, IL · NTEE: E32Z
| Metric | Value |
|---|---|
| Total Revenue | $964K |
| Total Expenses | $765K |
| Net Assets | $665K |
Is White Crane Wellness Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About White Crane Wellness Center Inc
White Crane Wellness Center Inc (EIN: 363719545) is a nonprofit organization based in Chicago, IL, classified under NTEE code E32Z. The organization reported total revenue of $964K and total assets of $804K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of White Crane Wellness Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
White Crane Wellness Center Inc is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $892K |
| Total Expenses | $765K |
| Surplus / Deficit | +$126K |
| Total Assets | $749K |
| Total Liabilities | $84K |
| Net Assets | $665K |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 11.7 months |
Financial Health Grade: A
In 2023, White Crane Wellness Center Inc reported a surplus of $126K with revenue exceeding expenses, holds 11.7 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), White Crane Wellness Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.0% | +17.6% | +36.0% |
| 2022 | -21.4% | -0.9% | -15.6% |
| 2021 | +69.4% | +54.9% | +8.3% |
| 2020 | -35.2% | -32.0% | -0.1% |
| 2019 | -2.2% | +7.0% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for White Crane Wellness Center 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 White Crane Wellness Center 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 surplus of $126K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.2%.
Frequently Asked Questions about White Crane Wellness Center Inc
Is White Crane Wellness Center Inc a legitimate charity?
White Crane Wellness Center Inc (EIN: 363719545) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $964K. No red flags identified. Financial health grade: A.
How does White Crane Wellness Center Inc spend its money?
White Crane Wellness Center Inc reported $964K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to White Crane Wellness Center Inc tax-deductible?
White Crane Wellness Center Inc is registered as a tax-exempt nonprofit (EIN: 363719545). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is White Crane Wellness Center Inc located?
White Crane Wellness Center Inc is headquartered in Chicago, Illinois and files with the IRS under EIN 363719545. It is classified under NTEE code E32Z.
How many years of IRS 990 filings does White Crane Wellness Center Inc have?
White Crane Wellness Center Inc 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 $964K in total revenue.
Filing History
IRS 990 filing history for White Crane Wellness Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), White Crane Wellness Center Inc's revenue has grown by 36.4%, moving from $654K to $892K. Total assets increased by 73.9% over the same period, from $431K to $749K. Total functional expenses rose by 25.5%, from $610K to $765K. In its most recent filing year (2023), White Crane Wellness Center Inc reported a surplus of $126K, with revenue exceeding expenses. The organization holds $84K in liabilities against $749K in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $665K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $892K | $765K | $749K | $84K | — | — |
| 2022 | $554K | $650K | $551K | $36K | — | View 990 |
| 2021 | $705K | $656K | $652K | $15K | — | View 990 |
| 2020 | $416K | $424K | $602K | $11K | — | View 990 |
| 2019 | $642K | $623K | $602K | $12K | — | View 990 |
| 2018 | $656K | $583K | $632K | $69K | — | View 990 |
| 2017 | $569K | $643K | $555K | $55K | — | View 990 |
| 2016 | $715K | $702K | $683K | $114K | — | View 990 |
| 2015 | $671K | $692K | $642K | $90K | — | View 990 |
| 2014 | $822K | $713K | $624K | $47K | — | View 990 |
| 2013 | $709K | $658K | $562K | $93K | — | View 990 |
| 2012 | $647K | $658K | $459K | $41K | — | View 990 |
| 2011 | $654K | $610K | $431K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $892K, expenses of $765K, and assets of $749K (revenue +61.0% year-over-year).
- 2022: Revenue of $554K, expenses of $650K, and assets of $551K (revenue -21.4% year-over-year).
- 2021: Revenue of $705K, expenses of $656K, and assets of $652K (revenue +69.4% year-over-year).
- 2020: Revenue of $416K, expenses of $424K, and assets of $602K (revenue -35.2% year-over-year).
- 2019: Revenue of $642K, expenses of $623K, and assets of $602K (revenue -2.2% year-over-year).
- 2018: Revenue of $656K, expenses of $583K, and assets of $632K (revenue +15.3% year-over-year).
- 2017: Revenue of $569K, expenses of $643K, and assets of $555K (revenue -20.5% year-over-year).
- 2016: Revenue of $715K, expenses of $702K, and assets of $683K (revenue +6.6% year-over-year).
- 2015: Revenue of $671K, expenses of $692K, and assets of $642K (revenue -18.3% year-over-year).
- 2014: Revenue of $822K, expenses of $713K, and assets of $624K (revenue +16.0% year-over-year).
- 2013: Revenue of $709K, expenses of $658K, and assets of $562K (revenue +9.5% year-over-year).
- 2012: Revenue of $647K, expenses of $658K, and assets of $459K (revenue -1.0% year-over-year).
- 2011: Revenue of $654K, expenses of $610K, and assets of $431K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for White Crane Wellness Center Inc:
Data Sources and Methodology
This transparency report for White Crane Wellness Center 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.