Cobblestone Foundation Incorporated
EIN: 851375002 · Farmington, NY · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $127K |
| Net Assets | $429K |
Is Cobblestone Foundation Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cobblestone Foundation Incorporated
Cobblestone Foundation Incorporated (EIN: 851375002) is a nonprofit organization based in Farmington, NY, classified under NTEE code P20. The organization reported total revenue of $2.2M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cobblestone Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cobblestone Foundation Incorporated is a mid-size nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $205K |
| Total Expenses | $127K |
| Surplus / Deficit | +$78K |
| Total Assets | $429K |
| Net Assets | $429K |
| Operating Margin | 37.9% |
| Months of Reserves | 40.6 months |
Financial Health Grade: A
In 2023, Cobblestone Foundation Incorporated reported a surplus of $78K with revenue exceeding expenses, holds 40.6 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Cobblestone Foundation Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.9% | -37.5% | +47.0% |
| 2022 | -17.8% | +179.4% | -19.4% |
| 2021 | -14.0% | +3895.8% | +71.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cobblestone Foundation Incorporated 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 Cobblestone Foundation Incorporated 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 $78K, with revenue exceeding expenses.
Frequently Asked Questions about Cobblestone Foundation Incorporated
Is Cobblestone Foundation Incorporated a legitimate charity?
Cobblestone Foundation Incorporated (EIN: 851375002) is a registered tax-exempt nonprofit based in New York. It has 4 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: A.
How does Cobblestone Foundation Incorporated spend its money?
Cobblestone Foundation Incorporated reported $2.2M in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cobblestone Foundation Incorporated tax-deductible?
Cobblestone Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 851375002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cobblestone Foundation Incorporated located?
Cobblestone Foundation Incorporated is headquartered in Farmington, New York and files with the IRS under EIN 851375002. It is classified under NTEE code P20.
How many years of IRS 990 filings does Cobblestone Foundation Incorporated have?
Cobblestone Foundation Incorporated has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.2M in total revenue.
Filing History
IRS 990 filing history for Cobblestone Foundation Incorporated showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Cobblestone Foundation Incorporated's revenue has declined by 4%, moving from $213K to $205K. Total assets increased by 103.2% over the same period, from $211K to $429K. Total functional expenses rose by 6874.2%, from $2K to $127K. In its most recent filing year (2023), Cobblestone Foundation Incorporated reported a surplus of $78K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $205K | $127K | $429K | $0 | — | View 990 |
| 2022 | $151K | $203K | $292K | $0 | — | — |
| 2021 | $183K | $73K | $363K | $0 | — | View 990 |
| 2020 | $213K | $2K | $211K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $205K, expenses of $127K, and assets of $429K (revenue +35.9% year-over-year).
- 2022: Revenue of $151K, expenses of $203K, and assets of $292K (revenue -17.8% year-over-year).
- 2021: Revenue of $183K, expenses of $73K, and assets of $363K (revenue -14.0% year-over-year).
- 2020: Revenue of $213K, expenses of $2K, and assets of $211K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cobblestone Foundation Incorporated:
Data Sources and Methodology
This transparency report for Cobblestone Foundation Incorporated 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.