Cogdell Properties Inc
Cogdell Properties Inc consistently reports revenue matching expenses with minimal assets and no officer compensation.
EIN: 136065198 · Newark, DE · Updated: 2026-03-28
Is Cogdell Properties Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cogdell Properties Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cogdell Properties Inc
Cogdell Properties Inc (EIN: 136065198) is a nonprofit organization based in Newark, DE. The organization reported total revenue of $2K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cogdell Properties Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cogdell Properties Inc is a micro nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -22.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $39K |
| Surplus / Deficit | +$0 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | 0.0% |
| Months of Reserves | 0.3 months |
Financial Health Grade: B
In 2023, Cogdell Properties Inc reported a surplus of $0 with revenue exceeding expenses, holds 0.3 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Cogdell Properties Inc's revenue has declined at a compound annual growth rate (CAGR) of -22.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -91.4% | -91.4% | +0.0% |
| 2022 | +298.1% | +298.1% | +0.0% |
| 2021 | +206.4% | +206.4% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
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 Cogdell Properties Inc with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Cogdell Properties Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $0, with revenue exceeding expenses.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through means not reported as officer compensation on the 990, which is highly unusual for an organization handling significant revenue in some years (e.g., $1,055,285 in 2014).
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 Cogdell Properties Inc's IRS 990 filings:
- Consistent reporting of $0 revenue and expenses in multiple years (e.g., 2019, 2018, 2017) without clear explanation.
- Revenue precisely matching expenses in all active years, which is highly unusual and could indicate a pass-through entity without detailed program reporting.
- Consistently minimal assets ($1,000) despite significant revenue in some periods (e.g., $1,055,285 in 2014), raising questions about financial stability or operational model.
- Unknown NTEE code and lack of detailed expense breakdown make it impossible to assess program effectiveness or administrative overhead.
- Consistent 0% officer compensation, which is unusual for an organization handling substantial funds, potentially indicating undisclosed compensation mechanisms or a fully volunteer-run structure that is not fully transparent.
Strengths
The following positive indicators were identified for Cogdell Properties Inc:
- Zero liabilities reported across all filings, indicating no debt burden.
- No officer compensation reported, suggesting a highly lean or volunteer-driven leadership structure.
- Consistent filing of IRS 990 forms, indicating compliance with reporting requirements.
Frequently Asked Questions about Cogdell Properties Inc
Is Cogdell Properties Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cogdell Properties Inc (EIN: 136065198) some concerns. Mission Score: 50/100. 5 red flags identified, 3 strengths noted.
How does Cogdell Properties Inc spend its money?
Cogdell Properties Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cogdell Properties Inc tax-deductible?
Cogdell Properties Inc is registered as a tax-exempt nonprofit (EIN: 136065198). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the specific mission or program activity of Cogdell Properties Inc?
The NTEE code is unknown, and the provided financial data does not detail program activities, making it impossible to determine the organization's specific mission or how its funds are used beyond the fact that revenue equals expenses.
Why does Cogdell Properties Inc report $0 revenue and expenses in some years?
The filings for periods 201912, 201812, and 201712 show $0 revenue and $0 expenses, which could indicate periods of inactivity, a change in reporting requirements, or a specific operational model that results in no financial transactions during those years.
How does Cogdell Properties Inc operate with only $1,000 in assets consistently?
The consistent reporting of only $1,000 in assets across all filings, despite handling revenues over $1 million in some years (e.g., $1,055,285 in 2014), suggests a pass-through entity model where funds are received and disbursed quickly without accumulating significant reserves or capital.
Are there any related organizations or entities that handle the operational aspects or compensation for Cogdell Properties Inc?
Given the consistent $0 officer compensation and minimal assets, it's possible that operational support or compensation for key personnel is managed by a related entity, but this cannot be determined from the provided 990 data.
Filing History
IRS 990 filing history for Cogdell Properties Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cogdell Properties Inc's revenue has declined by 95.1%, moving from $804K to $39K. Total assets increased by 0% over the same period, from $1K to $1K. Total functional expenses fell by 95.1%, from $804K to $39K. In its most recent filing year (2023), Cogdell Properties Inc reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $39K | $1K | $0 | — | — |
| 2022 | $457K | $457K | $1K | $0 | — | View 990 |
| 2021 | $115K | $115K | $1K | $0 | — | View 990 |
| 2020 | $37K | $37K | $1K | $0 | — | — |
| 2019 | $0 | $0 | $1K | $0 | — | View 990 |
| 2018 | $0 | $0 | $1K | $0 | — | View 990 |
| 2017 | $0 | $0 | $1K | $0 | — | View 990 |
| 2016 | $285K | $285K | $1K | $0 | — | View 990 |
| 2015 | $509K | $509K | $1K | $0 | — | View 990 |
| 2014 | $1.1M | $1.1M | $1K | $0 | — | View 990 |
| 2013 | $1.0M | $1.0M | $1K | $0 | — | View 990 |
| 2012 | $1.2M | $1.2M | $1K | $0 | — | View 990 |
| 2011 | $804K | $804K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $39K, and assets of $1K (revenue -91.4% year-over-year).
- 2022: Revenue of $457K, expenses of $457K, and assets of $1K (revenue +298.1% year-over-year).
- 2021: Revenue of $115K, expenses of $115K, and assets of $1K (revenue +206.4% year-over-year).
- 2020: Revenue of $37K, expenses of $37K, and assets of $1K.
- 2019: Revenue of $0, expenses of $0, and assets of $1K.
- 2018: Revenue of $0, expenses of $0, and assets of $1K.
- 2017: Revenue of $0, expenses of $0, and assets of $1K (revenue -100.0% year-over-year).
- 2016: Revenue of $285K, expenses of $285K, and assets of $1K (revenue -43.9% year-over-year).
- 2015: Revenue of $509K, expenses of $509K, and assets of $1K (revenue -51.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $1K (revenue +3.9% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.0M, and assets of $1K (revenue -14.5% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $1K (revenue +47.8% year-over-year).
- 2011: Revenue of $804K, expenses of $804K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cogdell Properties Inc:
Data Sources and Methodology
This transparency report for Cogdell Properties 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.