Coco Point Fund
Coco Point Fund maintains strong asset base with no liabilities and zero reported officer compensation.
EIN: 132975806 · Chevy Chase, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $226K |
| Total Expenses | $79K |
| Program Spending | 75% |
| Net Assets | $1.3M |
| Transparency Score | 85/100 |
Is Coco Point Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Coco Point Fund directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Coco Point Fund
Coco Point Fund (EIN: 132975806) is a nonprofit organization based in Chevy Chase, MD. The organization reported total revenue of $226K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coco Point Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coco Point Fund is a small nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $79K |
| Surplus / Deficit | +$67K |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | 45.9% |
| Months of Reserves | 203.0 months |
Financial Health Grade: A
In 2023, Coco Point Fund reported a surplus of $67K with revenue exceeding expenses, holds 203.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Coco Point Fund's revenue has grown at a compound annual growth rate (CAGR) of 10.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | -1.0% | +5.3% |
| 2022 | -14.6% | -18.9% | +5.3% |
| 2021 | -43.3% | -44.1% | +6.1% |
| 2020 | -5.1% | -27.9% | +11.8% |
| 2019 | -54.1% | -66.9% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1979 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Coco Point Fund 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
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Coco Point Fund allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:
- The organization reported a surplus of $67K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either a fully volunteer-led organization or that compensation is handled outside the scope of these specific disclosures, which is a positive for perceived efficiency relative to the organization's size.
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 Coco Point Fund's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Significant year-over-year revenue volatility (e.g., $889,355 in 2017 vs. $146,837 in 2023)
Strengths
The following positive indicators were identified for Coco Point Fund:
- Consistent reporting of 0% officer compensation across all filings
- No reported liabilities across all 13 filings, indicating strong financial stability
- Consistent asset growth over time, from $257,740 in 2015 to $1,344,422 in 2023
- Expenses generally well below revenue, contributing to asset accumulation (e.g., 2023 expenses $79,484 vs. revenue $146,837)
Frequently Asked Questions about Coco Point Fund
Is Coco Point Fund a legitimate charity?
Coco Point Fund (EIN: 132975806) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $226K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Coco Point Fund spend its money?
Coco Point Fund directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Coco Point Fund tax-deductible?
Coco Point Fund is registered as a tax-exempt nonprofit (EIN: 132975806). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Coco Point Fund's spending goes to programs?
Coco Point Fund directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Coco Point Fund located?
Coco Point Fund is headquartered in Chevy Chase, Maryland and files with the IRS under EIN 132975806.
How many years of IRS 990 filings does Coco Point Fund have?
Coco Point Fund 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 $226K in total revenue.
What is the primary mission or program activity of the Coco Point Fund?
The provided data does not specify the NTEE code or a description of the organization's mission or program activities, making it difficult to assess its impact.
How does the Coco Point Fund manage its significant revenue fluctuations?
The organization has experienced substantial swings in annual revenue, from $33,999 in 2015 to $889,355 in 2017. This suggests a reliance on variable funding sources, which could impact long-term program planning.
What is the breakdown of the organization's expenses (program, administrative, fundraising)?
The provided IRS 990 data only gives total expenses, not a detailed breakdown. This limits the ability to fully assess spending efficiency and program focus.
Are there any related organizations or entities that might cover executive compensation?
With 0% officer compensation reported, it's worth investigating if executives are compensated through a related entity or if the leadership is entirely volunteer-based.
Filing History
IRS 990 filing history for Coco Point Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Coco Point Fund's revenue has grown by 234.6%, moving from $44K to $147K. Total assets increased by 349.3% over the same period, from $299K to $1.3M. Total functional expenses rose by 151.1%, from $32K to $79K. In its most recent filing year (2023), Coco Point Fund reported a surplus of $67K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $79K | $1.3M | $0 | — | — |
| 2022 | $144K | $80K | $1.3M | $0 | — | — |
| 2021 | $169K | $99K | $1.2M | $0 | — | View 990 |
| 2020 | $298K | $177K | $1.1M | $0 | — | View 990 |
| 2019 | $314K | $246K | $1.0M | $0 | — | View 990 |
| 2018 | $683K | $743K | $954K | $0 | — | View 990 |
| 2017 | $889K | $136K | $1.0M | $0 | — | View 990 |
| 2016 | $65K | $62K | $261K | $0 | — | View 990 |
| 2015 | $34K | $59K | $258K | $0 | — | View 990 |
| 2014 | $44K | $59K | $284K | $0 | — | View 990 |
| 2013 | $36K | $50K | $296K | $0 | — | View 990 |
| 2012 | $38K | $47K | $300K | $0 | — | View 990 |
| 2011 | $44K | $32K | $299K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $147K, expenses of $79K, and assets of $1.3M (revenue +1.8% year-over-year).
- 2022: Revenue of $144K, expenses of $80K, and assets of $1.3M (revenue -14.6% year-over-year).
- 2021: Revenue of $169K, expenses of $99K, and assets of $1.2M (revenue -43.3% year-over-year).
- 2020: Revenue of $298K, expenses of $177K, and assets of $1.1M (revenue -5.1% year-over-year).
- 2019: Revenue of $314K, expenses of $246K, and assets of $1.0M (revenue -54.1% year-over-year).
- 2018: Revenue of $683K, expenses of $743K, and assets of $954K (revenue -23.2% year-over-year).
- 2017: Revenue of $889K, expenses of $136K, and assets of $1.0M (revenue +1264.6% year-over-year).
- 2016: Revenue of $65K, expenses of $62K, and assets of $261K (revenue +91.7% year-over-year).
- 2015: Revenue of $34K, expenses of $59K, and assets of $258K (revenue -23.0% year-over-year).
- 2014: Revenue of $44K, expenses of $59K, and assets of $284K (revenue +23.4% year-over-year).
- 2013: Revenue of $36K, expenses of $50K, and assets of $296K (revenue -4.9% year-over-year).
- 2012: Revenue of $38K, expenses of $47K, and assets of $300K (revenue -14.2% year-over-year).
- 2011: Revenue of $44K, expenses of $32K, and assets of $299K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coco Point Fund:
Data Sources and Methodology
This transparency report for Coco Point Fund 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.