Cognition Of Davie County
EIN: 830624246 · Mocksville, NC · NTEE: A52
Is Cognition Of Davie County Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cognition Of Davie County
Cognition Of Davie County (EIN: 830624246) is a nonprofit organization based in Mocksville, NC, classified under NTEE code A52. The organization reported total revenue of $276K and total assets of $460K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cognition Of Davie County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cognition Of Davie County is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $141K |
| Total Expenses | $203K |
| Surplus / Deficit | $-62,217 |
| Total Assets | $378K |
| Total Liabilities | $1K |
| Net Assets | $376K |
| Operating Margin | -44.2% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 22.3 months |
Financial Health Grade: B
In 2023, Cognition Of Davie County reported a deficit of $62K with expenses exceeding revenue, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Cognition Of Davie County's revenue has declined at a compound annual growth rate (CAGR) of -13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.6% | +13.0% | -13.9% |
| 2022 | +94.2% | +88.4% | +1.1% |
| 2021 | -71.7% | -30.5% | -2.4% |
| 2020 | +31.0% | +708.7% | +47.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cognition Of Davie County 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 Cognition Of Davie County 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 $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Cognition Of Davie County
Is Cognition Of Davie County a legitimate charity?
Based on AI analysis of IRS 990 filings, Cognition Of Davie County (EIN: 830624246) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cognition Of Davie County spend its money?
Detailed spending breakdown data is not yet available for Cognition Of Davie County. Check back for updated IRS 990 analysis.
Are donations to Cognition Of Davie County tax-deductible?
Cognition Of Davie County is registered as a tax-exempt nonprofit (EIN: 830624246). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Cognition Of Davie County showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Cognition Of Davie County's revenue has declined by 44.9%, moving from $256K to $141K. Total assets increased by 25.5% over the same period, from $301K to $378K. Total functional expenses rose by 1096.9%, from $17K to $203K. In its most recent filing year (2023), Cognition Of Davie County reported a deficit of $62K, with expenses exceeding revenue. The organization holds $1K in liabilities against $378K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $376K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $141K | $203K | $378K | $1K | — | — |
| 2022 | $184K | $180K | $438K | $0 | — | View 990 |
| 2021 | $95K | $95K | $434K | $0 | — | — |
| 2020 | $335K | $137K | $444K | $20K | — | — |
| 2019 | $256K | $17K | $301K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $141K, expenses of $203K, and assets of $378K (revenue -23.6% year-over-year).
- 2022: Revenue of $184K, expenses of $180K, and assets of $438K (revenue +94.2% year-over-year).
- 2021: Revenue of $95K, expenses of $95K, and assets of $434K (revenue -71.7% year-over-year).
- 2020: Revenue of $335K, expenses of $137K, and assets of $444K (revenue +31.0% year-over-year).
- 2019: Revenue of $256K, expenses of $17K, and assets of $301K.
Data Sources and Methodology
This transparency report for Cognition Of Davie County 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.