Cocaa Seminole Development Inc
EIN: 273616852 · Shawnee, OK · NTEE: L21
| Metric | Value |
|---|---|
| Total Revenue | $74K |
| Total Expenses | $122K |
| Net Assets | $-438,335 |
Is Cocaa Seminole Development Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cocaa Seminole Development Inc
Cocaa Seminole Development Inc (EIN: 273616852) is a nonprofit organization based in Shawnee, OK, classified under NTEE code L21. The organization reported total revenue of $74K and total assets of $767K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cocaa Seminole Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cocaa Seminole Development Inc is a micro nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $72K |
| Total Expenses | $122K |
| Surplus / Deficit | $-50,255 |
| Total Assets | $847K |
| Total Liabilities | $1.3M |
| Net Assets | $-438,335 |
| Operating Margin | -69.6% |
| Debt-to-Asset Ratio | 151.8% |
| Months of Reserves | 83.0 months |
Financial Health Grade: C
In 2023, Cocaa Seminole Development Inc reported a deficit of $50K with expenses exceeding revenue, holds 83.0 months of operating reserves (strong position), has a debt-to-asset ratio of 151.8% (high leverage).
Financial Trends
Over 10 years of filings (2013–2023), Cocaa Seminole Development Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +13.6% | -6.1% |
| 2022 | +5.1% | -6.7% | -4.7% |
| 2021 | +5.2% | +1.2% | -4.9% |
| 2020 | -1.0% | -2.1% | -4.5% |
| 2019 | -3.4% | +5.1% | -9.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cocaa Seminole Development 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 Cocaa Seminole Development 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 deficit of $50K, with expenses exceeding revenue.
- Debt-to-asset ratio: 151.8%.
Frequently Asked Questions about Cocaa Seminole Development Inc
Is Cocaa Seminole Development Inc a legitimate charity?
Cocaa Seminole Development Inc (EIN: 273616852) is a registered tax-exempt nonprofit based in Oklahoma. It has 10 years of IRS 990 filings on record. Total revenue: $74K. No red flags identified. Financial health grade: C.
How does Cocaa Seminole Development Inc spend its money?
Cocaa Seminole Development Inc reported $74K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cocaa Seminole Development Inc tax-deductible?
Cocaa Seminole Development Inc is registered as a tax-exempt nonprofit (EIN: 273616852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cocaa Seminole Development Inc located?
Cocaa Seminole Development Inc is headquartered in Shawnee, Oklahoma and files with the IRS under EIN 273616852. It is classified under NTEE code L21.
How many years of IRS 990 filings does Cocaa Seminole Development Inc have?
Cocaa Seminole Development Inc has 10 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 $74K in total revenue.
Filing History
IRS 990 filing history for Cocaa Seminole Development Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2023), Cocaa Seminole Development Inc's revenue has grown by 159.8%, moving from $28K to $72K. Total assets decreased by 37.2% over the same period, from $1.3M to $847K. Total functional expenses rose by 138.1%, from $51K to $122K. In its most recent filing year (2023), Cocaa Seminole Development Inc reported a deficit of $50K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $847K in assets (debt-to-asset ratio: 151.8%), resulting in net assets of $-438,335.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $72K | $122K | $847K | $1.3M | — | — |
| 2022 | $67K | $108K | $902K | $1.3M | — | — |
| 2021 | $63K | $116K | $946K | $1.3M | — | — |
| 2020 | $60K | $114K | $995K | $1.3M | — | View 990 |
| 2019 | $61K | $117K | $1.0M | $1.3M | — | View 990 |
| 2017 | $63K | $111K | $1.1M | $1.3M | — | View 990 |
| 2016 | $61K | $114K | $1.2M | $1.3M | — | View 990 |
| 2015 | $63K | $113K | $1.2M | $1.3M | — | View 990 |
| 2014 | $61K | $115K | $1.3M | $1.3M | — | View 990 |
| 2013 | $28K | $51K | $1.3M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $72K, expenses of $122K, and assets of $847K (revenue +8.5% year-over-year).
- 2022: Revenue of $67K, expenses of $108K, and assets of $902K (revenue +5.1% year-over-year).
- 2021: Revenue of $63K, expenses of $116K, and assets of $946K (revenue +5.2% year-over-year).
- 2020: Revenue of $60K, expenses of $114K, and assets of $995K (revenue -1.0% year-over-year).
- 2019: Revenue of $61K, expenses of $117K, and assets of $1.0M (revenue -3.4% year-over-year).
- 2017: Revenue of $63K, expenses of $111K, and assets of $1.1M (revenue +2.8% year-over-year).
- 2016: Revenue of $61K, expenses of $114K, and assets of $1.2M (revenue -2.0% year-over-year).
- 2015: Revenue of $63K, expenses of $113K, and assets of $1.2M (revenue +2.5% year-over-year).
- 2014: Revenue of $61K, expenses of $115K, and assets of $1.3M (revenue +119.6% year-over-year).
- 2013: Revenue of $28K, expenses of $51K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cocaa Seminole Development Inc:
Data Sources and Methodology
This transparency report for Cocaa Seminole Development 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.