Coburg Village Inc

Coburg Village Inc. consistently generates surpluses and reports no officer compensation, maintaining strong assets.

EIN: 113211085 · Scarsdale, NY · NTEE: L22Z · Updated: 2026-03-28

$15.8MRevenue
$12.1MGross Revenue
$41.9MAssets
85/100Mission Score (Excellent)
L22Z
Coburg Village Inc Financial Summary
MetricValue
Total Revenue$15.8M
Total Expenses$10.6M
Program Spending90%
CEO/Top Officer Pay$10
Net Assets$17.3M
Transparency Score85/100

Is Coburg Village Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Coburg Village Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Coburg Village Inc

Coburg Village Inc (EIN: 113211085) is a nonprofit organization based in Scarsdale, NY, classified under NTEE code L22Z. The organization reported total revenue of $15.8M and total assets of $41.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coburg Village Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Coburg Village Inc is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$11.2M
Total Expenses$10.6M
Surplus / Deficit+$531K
Total Assets$41.7M
Total Liabilities$24.4M
Net Assets$17.3M
Operating Margin4.7%
Debt-to-Asset Ratio58.5%
Months of Reserves47.0 months

Financial Health Grade: A

In 2023, Coburg Village Inc reported a surplus of $531K with revenue exceeding expenses, holds 47.0 months of operating reserves (strong position), has a debt-to-asset ratio of 58.5% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Coburg Village Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-22.3%+1.8%-4.3%
2022+38.4%+7.5%-0.9%
2021-1.0%+5.3%-1.0%
2020-0.1%-6.5%-0.1%
2019-0.4%+0.6%-3.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Coburg Village Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Coburg Village Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$11.2MTotal Revenue
$10.6MTotal Expenses
$41.7MTotal Assets
$24.4MTotal Liabilities
$17.3MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with annual revenues exceeding $10 million and substantial assets. This suggests either that executive roles are entirely volunteer-based, compensation is paid by a related entity, or it is not reported in a standard manner on the 990 summary, which warrants further investigation for full transparency.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Coburg Village Inc's IRS 990 filings:

Strengths

The following positive indicators were identified for Coburg Village Inc:

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) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Coburg Village Inc spend its money?

Coburg Village Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Coburg Village Inc tax-deductible?

Coburg Village Inc is registered as a tax-exempt nonprofit (EIN: 113211085). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Coburg Village Inc CEO make?

Coburg Village Inc's highest-compensated officer earns $10 annually. The organization reported $15.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Coburg Village Inc's spending goes to programs?

Coburg Village Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Coburg Village Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Coburg Village Inc is above average for NTEE category L22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Coburg Village Inc located?

Coburg Village Inc is headquartered in Scarsdale, New York and files with the IRS under EIN 113211085. It is classified under NTEE code L22Z.

How many years of IRS 990 filings does Coburg Village Inc have?

Coburg Village 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 $15.8M in total revenue.

Is Coburg Village Inc. a good charity?

Based on the provided data, Coburg Village Inc. appears to be a financially sound organization with consistent surpluses and substantial assets. The reported 0% officer compensation is a strong positive indicator for mission focus, though it warrants further inquiry to understand the full compensation structure if any executives are employed.

How does Coburg Village Inc. manage its executive compensation?

The IRS 990 data consistently reports 0% officer compensation across all filings. This is highly unusual for an organization of its size and suggests that either executives are unpaid volunteers, or their compensation is handled through a different mechanism not reflected in this summary data, such as a management company or related entity.

What is the trend in Coburg Village Inc.'s financial health?

Coburg Village Inc. has consistently maintained a positive financial position, with revenues generally exceeding expenses and a healthy asset-to-liability ratio. While revenue and asset figures have fluctuated slightly, the overall trend indicates stable financial management and solvency.

Filing History

IRS 990 filing history for Coburg Village Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Coburg Village Inc's revenue has grown by 53%, moving from $7.3M to $11.2M. Total assets increased by 22.1% over the same period, from $34.1M to $41.7M. Total functional expenses rose by 50.7%, from $7.1M to $10.6M. In its most recent filing year (2023), Coburg Village Inc reported a surplus of $531K, with revenue exceeding expenses. The organization holds $24.4M in liabilities against $41.7M in assets (debt-to-asset ratio: 58.5%), resulting in net assets of $17.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $11.2M $10.6M $41.7M $24.4M
2022 $14.4M $10.5M $43.5M $26.5M
2021 $10.4M $9.7M $43.9M $33.5M View 990
2020 $10.5M $9.2M $44.3M $31.1M View 990
2019 $10.5M $9.9M $44.4M $30.9M View 990
2018 $10.6M $9.8M $46.1M $31.6M View 990
2017 $10.7M $9.3M $46.5M $32.8M View 990
2016 $10.4M $9.5M $46.2M $34.1M View 990
2015 $10.2M $9.5M $45.9M $34.9M View 990
2014 $9.9M $9.4M $46.0M $35.7M View 990
2013 $8.7M $8.2M $46.5M $36.5M View 990
2012 $7.6M $6.9M $49.7M $41.1M View 990
2011 $7.3M $7.1M $34.1M $25.2M View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Coburg Village Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Coburg Village 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.

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