Coeur Community Closet Inc
EIN: 843736051 · Hayden Lake, ID · NTEE: P30
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $13K |
| Net Assets | $15K |
Is Coeur Community Closet Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Coeur Community Closet Inc
Coeur Community Closet Inc (EIN: 843736051) is a nonprofit organization based in Hayden Lake, ID, classified under NTEE code P30. The organization reported total revenue of $10K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coeur Community Closet Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coeur Community Closet Inc is a micro nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -65.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $13K |
| Surplus / Deficit | $-3,005 |
| Total Assets | $15K |
| Total Liabilities | $1 |
| Net Assets | $15K |
| Operating Margin | -31.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 14.3 months |
Financial Health Grade: B
In 2023, Coeur Community Closet Inc reported a deficit of $3K with expenses exceeding revenue, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Coeur Community Closet Inc's revenue has declined at a compound annual growth rate (CAGR) of -65.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -65.8% | +26.5% | -16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Coeur Community Closet 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 Coeur Community Closet 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 $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Coeur Community Closet Inc
Is Coeur Community Closet Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Coeur Community Closet Inc (EIN: 843736051) insufficient data. 0 red flags identified, 0 strengths noted.
How does Coeur Community Closet Inc spend its money?
Detailed spending breakdown data is not yet available for Coeur Community Closet Inc. Check back for updated IRS 990 analysis.
Are donations to Coeur Community Closet Inc tax-deductible?
Coeur Community Closet Inc is registered as a tax-exempt nonprofit (EIN: 843736051). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Coeur Community Closet Inc located?
Coeur Community Closet Inc is headquartered in Hayden Lake, Idaho and files with the IRS under EIN 843736051. It is classified under NTEE code P30.
How many years of IRS 990 filings does Coeur Community Closet Inc have?
Coeur Community Closet Inc has 2 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 $10K in total revenue.
Filing History
IRS 990 filing history for Coeur Community Closet Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Coeur Community Closet Inc's revenue has declined by 65.8%, moving from $28K to $10K. Total assets decreased by 16.6% over the same period, from $18K to $15K. Total functional expenses rose by 26.5%, from $10K to $13K. In its most recent filing year (2023), Coeur Community Closet Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $15K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10K | $13K | $15K | $1 | — | — |
| 2022 | $28K | $10K | $18K | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coeur Community Closet Inc:
Data Sources and Methodology
This transparency report for Coeur Community Closet 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.