Cobalt Community Research
EIN: 611548263 · Charlotte, MI · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $439K |
| Total Expenses | $298K |
| Net Assets | $210K |
Is Cobalt Community Research Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cobalt Community Research
Cobalt Community Research (EIN: 611548263) is a nonprofit organization based in Charlotte, MI, classified under NTEE code B99. The organization reported total revenue of $439K and total assets of $306K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cobalt Community Research's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cobalt Community Research is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $393K |
| Total Expenses | $298K |
| Surplus / Deficit | +$95K |
| Total Assets | $210K |
| Net Assets | $210K |
| Operating Margin | 24.1% |
| Months of Reserves | 8.5 months |
Financial Health Grade: A
In 2023, Cobalt Community Research reported a surplus of $95K with revenue exceeding expenses, holds 8.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Cobalt Community Research's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.9% | +16.4% | +82.3% |
| 2022 | +34.3% | +49.4% | +33.4% |
| 2021 | +7.2% | -1.5% | +11.9% |
| 2020 | +28.2% | +12.3% | +41.9% |
| 2019 | +21.2% | -22.2% | +14.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cobalt Community Research 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 Cobalt Community Research 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 $95K, with revenue exceeding expenses.
Frequently Asked Questions about Cobalt Community Research
Is Cobalt Community Research a legitimate charity?
Based on AI analysis of IRS 990 filings, Cobalt Community Research (EIN: 611548263) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cobalt Community Research spend its money?
Detailed spending breakdown data is not yet available for Cobalt Community Research. Check back for updated IRS 990 analysis.
Are donations to Cobalt Community Research tax-deductible?
Cobalt Community Research is registered as a tax-exempt nonprofit (EIN: 611548263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cobalt Community Research located?
Cobalt Community Research is headquartered in Charlotte, Michigan and files with the IRS under EIN 611548263. It is classified under NTEE code B99.
How many years of IRS 990 filings does Cobalt Community Research have?
Cobalt Community Research 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 $439K in total revenue.
Filing History
IRS 990 filing history for Cobalt Community Research showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cobalt Community Research's revenue has grown by 130.7%, moving from $171K to $393K. Total assets increased by 78.9% over the same period, from $118K to $210K. Total functional expenses rose by 103.4%, from $147K to $298K. In its most recent filing year (2023), Cobalt Community Research reported a surplus of $95K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $393K | $298K | $210K | $0 | — | — |
| 2022 | $285K | $256K | $115K | $0 | — | View 990 |
| 2021 | $212K | $172K | $87K | $0 | — | View 990 |
| 2020 | $198K | $174K | $77K | $7K | — | — |
| 2019 | $155K | $155K | $54K | $8K | — | View 990 |
| 2018 | $128K | $199K | $48K | $1K | — | View 990 |
| 2017 | $146K | $158K | $120K | $2K | — | View 990 |
| 2016 | $124K | $68K | $137K | $7K | — | View 990 |
| 2015 | $96K | $80K | $90K | $17K | — | View 990 |
| 2014 | $95K | $75K | $58K | $2K | — | View 990 |
| 2013 | $136K | $95K | $91K | $55K | — | View 990 |
| 2012 | $145K | $128K | $58K | $63K | — | View 990 |
| 2011 | $171K | $147K | $118K | $140K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $393K, expenses of $298K, and assets of $210K (revenue +37.9% year-over-year).
- 2022: Revenue of $285K, expenses of $256K, and assets of $115K (revenue +34.3% year-over-year).
- 2021: Revenue of $212K, expenses of $172K, and assets of $87K (revenue +7.2% year-over-year).
- 2020: Revenue of $198K, expenses of $174K, and assets of $77K (revenue +28.2% year-over-year).
- 2019: Revenue of $155K, expenses of $155K, and assets of $54K (revenue +21.2% year-over-year).
- 2018: Revenue of $128K, expenses of $199K, and assets of $48K (revenue -12.9% year-over-year).
- 2017: Revenue of $146K, expenses of $158K, and assets of $120K (revenue +17.8% year-over-year).
- 2016: Revenue of $124K, expenses of $68K, and assets of $137K (revenue +29.0% year-over-year).
- 2015: Revenue of $96K, expenses of $80K, and assets of $90K (revenue +1.0% year-over-year).
- 2014: Revenue of $95K, expenses of $75K, and assets of $58K (revenue -30.1% year-over-year).
- 2013: Revenue of $136K, expenses of $95K, and assets of $91K (revenue -6.1% year-over-year).
- 2012: Revenue of $145K, expenses of $128K, and assets of $58K (revenue -14.8% year-over-year).
- 2011: Revenue of $171K, expenses of $147K, and assets of $118K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cobalt Community Research:
Data Sources and Methodology
This transparency report for Cobalt Community Research 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.