Codefi Foundation On Rural Innovation
EIN: 812556748 · Cape Girardeau, MO · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $2.4M |
| Net Assets | $252K |
Is Codefi Foundation On Rural Innovation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Codefi Foundation On Rural Innovation
Codefi Foundation On Rural Innovation (EIN: 812556748) is a nonprofit organization based in Cape Girardeau, MO, classified under NTEE code S30. The organization reported total revenue of $3.1M and total assets of $251K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Codefi Foundation On Rural Innovation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Codefi Foundation On Rural Innovation is a mid-size nonprofit that has been operating for 8 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 63.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-207,584 |
| Total Assets | $431K |
| Total Liabilities | $179K |
| Net Assets | $252K |
| Operating Margin | -9.5% |
| Debt-to-Asset Ratio | 41.5% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2023, Codefi Foundation On Rural Innovation reported a deficit of $208K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 41.5% (moderate leverage).
Financial Trends
Over 8 years of filings (2016–2023), Codefi Foundation On Rural Innovation's revenue has grown at a compound annual growth rate (CAGR) of 63.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.9% | +20.7% | -6.5% |
| 2022 | +80.2% | +52.9% | -12.6% |
| 2021 | -16.9% | +6.2% | -34.6% |
| 2020 | +94.5% | +129.8% | +15.7% |
| 2019 | +44.3% | +70.3% | +25.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Codefi Foundation On Rural Innovation 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 Codefi Foundation On Rural Innovation 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 $208K, with expenses exceeding revenue.
- Debt-to-asset ratio: 41.5%.
Frequently Asked Questions about Codefi Foundation On Rural Innovation
Is Codefi Foundation On Rural Innovation a legitimate charity?
Based on AI analysis of IRS 990 filings, Codefi Foundation On Rural Innovation (EIN: 812556748) insufficient data. 0 red flags identified, 0 strengths noted.
How does Codefi Foundation On Rural Innovation spend its money?
Detailed spending breakdown data is not yet available for Codefi Foundation On Rural Innovation. Check back for updated IRS 990 analysis.
Are donations to Codefi Foundation On Rural Innovation tax-deductible?
Codefi Foundation On Rural Innovation is registered as a tax-exempt nonprofit (EIN: 812556748). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Codefi Foundation On Rural Innovation located?
Codefi Foundation On Rural Innovation is headquartered in Cape Girardeau, Missouri and files with the IRS under EIN 812556748. It is classified under NTEE code S30.
How many years of IRS 990 filings does Codefi Foundation On Rural Innovation have?
Codefi Foundation On Rural Innovation has 8 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 $3.1M in total revenue.
Filing History
IRS 990 filing history for Codefi Foundation On Rural Innovation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Codefi Foundation On Rural Innovation's revenue has grown by 3030.4%, moving from $70K to $2.2M. Total assets increased by 729.4% over the same period, from $52K to $431K. Total functional expenses rose by 7556.6%, from $31K to $2.4M. In its most recent filing year (2023), Codefi Foundation On Rural Innovation reported a deficit of $208K, with expenses exceeding revenue. The organization holds $179K in liabilities against $431K in assets (debt-to-asset ratio: 41.5%), resulting in net assets of $252K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.4M | $431K | $179K | — | — |
| 2022 | $1.9M | $2.0M | $460K | $770 | — | View 990 |
| 2021 | $1.1M | $1.3M | $527K | $5K | — | View 990 |
| 2020 | $1.3M | $1.2M | $806K | $52K | — | View 990 |
| 2019 | $662K | $533K | $697K | $3K | — | View 990 |
| 2018 | $458K | $313K | $556K | $1K | — | View 990 |
| 2017 | $644K | $273K | $435K | $25K | — | View 990 |
| 2016 | $70K | $31K | $52K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.4M, and assets of $431K (revenue +13.9% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.0M, and assets of $460K (revenue +80.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.3M, and assets of $527K (revenue -16.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.2M, and assets of $806K (revenue +94.5% year-over-year).
- 2019: Revenue of $662K, expenses of $533K, and assets of $697K (revenue +44.3% year-over-year).
- 2018: Revenue of $458K, expenses of $313K, and assets of $556K (revenue -28.8% year-over-year).
- 2017: Revenue of $644K, expenses of $273K, and assets of $435K (revenue +818.3% year-over-year).
- 2016: Revenue of $70K, expenses of $31K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Codefi Foundation On Rural Innovation:
Data Sources and Methodology
This transparency report for Codefi Foundation On Rural Innovation 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.