Cohesion Central Inc
Cohesion Central Inc. frequently operates at a deficit, with expenses exceeding revenue in multiple years, despite fluctuating but often substantial revenue.
EIN: 161261903 · Las Vegas, NV · NTEE: B03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $296K |
| Total Expenses | $335K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $200,000, |
| Net Assets | $270K |
| Transparency Score | 65/100 |
Is Cohesion Central Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cohesion Central Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Cohesion Central Inc
Cohesion Central Inc (EIN: 161261903) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code B03. The organization reported total revenue of $296K and total assets of $310K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cohesion Central Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cohesion Central Inc is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $320K |
| Total Expenses | $335K |
| Surplus / Deficit | $-14,972 |
| Total Assets | $271K |
| Total Liabilities | $493 |
| Net Assets | $270K |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 9.7 months |
Financial Health Grade: B
In 2023, Cohesion Central Inc reported a deficit of $15K with expenses exceeding revenue, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Cohesion Central Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.2% | +90.4% | -6.2% |
| 2022 | +365.2% | +522.2% | -2.5% |
| 2021 | +51.4% | +24.6% | +3.5% |
| 2020 | -91.8% | -91.8% | +0.5% |
| 2019 | -5.5% | -17.4% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
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 Cohesion Central Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Cohesion Central Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Cohesion Central Inc. consistently reports 0% officer compensation across all seven available IRS 990 filings, which is unusual for an organization with annual revenues frequently exceeding $200,000, suggesting either entirely volunteer leadership or compensation structured in a way not reported as officer pay.
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 Cohesion Central Inc's IRS 990 filings:
- Frequent operating deficits, with expenses exceeding revenue in multiple years (e.g., 2023, 2022, 2018, 2017).
- Consistent reporting of 0% officer compensation across all filings, which is unusual for an organization of this size and revenue.
- Significant fluctuation in annual revenue, indicating potential instability in funding sources.
- Increase in liabilities to $493 in 2023, warranting further scrutiny.
Strengths
The following positive indicators were identified for Cohesion Central Inc:
- Consistent filing of IRS Form 990s over seven periods, indicating compliance and transparency in reporting.
- Relatively stable asset base, generally between $270,000 and $300,000, providing some financial cushion.
- Demonstrated ability to generate substantial revenue, with a high of $320,159 in 2023.
Frequently Asked Questions about Cohesion Central Inc
Is Cohesion Central Inc a legitimate charity?
Cohesion Central Inc (EIN: 161261903) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 65/100. It has 7 years of IRS 990 filings on record. Total revenue: $296K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Cohesion Central Inc spend its money?
Cohesion Central Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Cohesion Central Inc tax-deductible?
Cohesion Central Inc is registered as a tax-exempt nonprofit (EIN: 161261903). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cohesion Central Inc CEO make?
Cohesion Central Inc's highest-compensated officer earns $200,000, annually. The organization reported $296K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Cohesion Central Inc's spending goes to programs?
Cohesion Central Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Cohesion Central Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Cohesion Central Inc is above average for NTEE category B03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cohesion Central Inc located?
Cohesion Central Inc is headquartered in Las Vegas, Nevada and files with the IRS under EIN 161261903. It is classified under NTEE code B03.
How many years of IRS 990 filings does Cohesion Central Inc have?
Cohesion Central Inc has 7 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 $296K in total revenue.
Is Cohesion Central Inc. financially sustainable given its frequent operating deficits?
Cohesion Central Inc. has frequently reported expenses exceeding revenue, such as in 2023 ($335,131 expenses vs. $320,159 revenue) and 2022 ($176,007 expenses vs. $167,473 revenue). This pattern suggests a reliance on accumulated assets or other funding sources to cover operational costs, raising questions about long-term financial sustainability without a clear strategy to consistently generate surplus revenue.
How does Cohesion Central Inc. manage to operate without reporting any officer compensation?
All seven IRS 990 filings for Cohesion Central Inc. report 0% officer compensation. This could indicate that the organization is entirely run by unpaid volunteers, or that executive services are provided through a separate entity or pro bono, which would not be reflected as direct officer compensation on the 990.
What caused the significant increase in liabilities in 2023?
Cohesion Central Inc.'s liabilities increased significantly to $493 in 2023, compared to much lower figures in previous years (e.g., $3,458 in 2022, $2,394 in 2021). The specific reasons for this increase are not detailed in the summary data but warrant further investigation into the organization's financial obligations.
What is the breakdown of Cohesion Central Inc.'s expenses into program, administrative, and fundraising categories?
The provided IRS 990 summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories. Without this information, it is difficult to precisely assess the organization's spending efficiency and how much of its budget directly supports its mission.
Filing History
IRS 990 filing history for Cohesion Central Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Cohesion Central Inc's revenue has grown by 39.9%, moving from $229K to $320K. Total assets decreased by 11.9% over the same period, from $308K to $271K. Total functional expenses rose by 40.2%, from $239K to $335K. In its most recent filing year (2023), Cohesion Central Inc reported a deficit of $15K, with expenses exceeding revenue. The organization holds $493 in liabilities against $271K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $270K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $320K | $335K | $271K | $493 | — | View 990 |
| 2022 | $167K | $176K | $289K | $3K | — | View 990 |
| 2021 | $36K | $28K | $296K | $2K | — | View 990 |
| 2020 | $24K | $23K | $286K | $205 | — | — |
| 2019 | $289K | $277K | $285K | $0 | — | View 990 |
| 2018 | $305K | $336K | $274K | $544 | — | View 990 |
| 2017 | $229K | $239K | $308K | $4K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $320K, expenses of $335K, and assets of $271K (revenue +91.2% year-over-year).
- 2022: Revenue of $167K, expenses of $176K, and assets of $289K (revenue +365.2% year-over-year).
- 2021: Revenue of $36K, expenses of $28K, and assets of $296K (revenue +51.4% year-over-year).
- 2020: Revenue of $24K, expenses of $23K, and assets of $286K (revenue -91.8% year-over-year).
- 2019: Revenue of $289K, expenses of $277K, and assets of $285K (revenue -5.5% year-over-year).
- 2018: Revenue of $305K, expenses of $336K, and assets of $274K (revenue +33.5% year-over-year).
- 2017: Revenue of $229K, expenses of $239K, and assets of $308K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cohesion Central Inc:
Data Sources and Methodology
This transparency report for Cohesion Central 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.