Is Coburg Village Inc Legit?

Strengths

Consistent financial surpluses, indicating sound fiscal management (e.g., $11,178,098 revenue vs. $10,647,376 expenses in 2023).
Strong asset base relative to liabilities, demonstrating long-term solvency (e.g., $41,667,418 assets vs. $24,383,091 liabilities in 2023).
Consistent filing of IRS Form 990s over 13 periods, indicating regulatory compliance and transparency.
No reported officer compensation, suggesting a high dedication of funds to the mission or a unique compensation structure.

Spending Breakdown

How Coburg Village Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Coburg Village Inc

Is Coburg Village Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Coburg Village Inc (EIN: 113211085) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Coburg Village Inc a good charity to donate to?

Coburg Village Inc has a Mission Score of 85/100. Revenue: $15.8M. Assets: $41.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Coburg Village Inc?

The Employer Identification Number (EIN) for Coburg Village Inc is 113211085. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Coburg Village Inc spend its money?

Coburg Village Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Coburg Village Inc's tax-exempt status?

You can verify Coburg Village Inc's tax-exempt status using EIN 113211085 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Coburg Village Inc. demonstrates consistent financial stability, with revenues generally exceeding expenses across its filing history. For instance, in 2023, revenue was $11,178,098 against expenses of $10,647,376, indicating a surplus. The organization maintains substantial assets, reported at $41,667,418 in 2023, significantly outweighing its liabilities of $24,383,091, which suggests a healthy balance sheet and strong long-term solvency. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. This practice, while unusual for organizations of this size, suggests that executive compensation may be handled through a related entity or is genuinely non-existent, which would be a strong positive for donor confidence.

The organization's spending efficiency appears robust, given the consistent surpluses and the absence of reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial health suggests that the majority of funds are likely directed towards its NTEE code L22Z mission (Continuing Care Retirement Communities). The consistent filing of IRS Form 990s over 13 periods further underscores a commitment to regulatory compliance and financial transparency, allowing for public scrutiny of its operations. The organization's ability to maintain significant assets and manage liabilities effectively points to sound financial management.

Verdict: Coburg Village Inc appears trustworthy

Red Flags