Cohort Sistas Inc
EIN: 861674110 · Newark, DE · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $72K |
| Total Expenses | $248K |
| Net Assets | $7K |
Is Cohort Sistas Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cohort Sistas Inc
Cohort Sistas Inc (EIN: 861674110) is a nonprofit organization based in Newark, DE, classified under NTEE code B99. The organization reported total revenue of $72K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cohort Sistas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cohort Sistas 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 386.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $248K |
| Surplus / Deficit | $-8,579 |
| Total Assets | $8K |
| Total Liabilities | $1K |
| Net Assets | $7K |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 13.4% |
| Months of Reserves | 0.4 months |
Financial Health Grade: C
In 2023, Cohort Sistas Inc reported a deficit of $9K with expenses exceeding revenue, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 13.4% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Cohort Sistas Inc's revenue has grown at a compound annual growth rate (CAGR) of 386.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +386.1% | +928.7% | -86.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cohort Sistas 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 Cohort Sistas 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.4%.
Frequently Asked Questions about Cohort Sistas Inc
Is Cohort Sistas Inc a legitimate charity?
Cohort Sistas Inc (EIN: 861674110) is a registered tax-exempt nonprofit based in Delaware. It has 2 years of IRS 990 filings on record. Total revenue: $72K. No red flags identified. Financial health grade: C.
How does Cohort Sistas Inc spend its money?
Cohort Sistas Inc reported $72K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cohort Sistas Inc tax-deductible?
Cohort Sistas Inc is registered as a tax-exempt nonprofit (EIN: 861674110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cohort Sistas Inc located?
Cohort Sistas Inc is headquartered in Newark, Delaware and files with the IRS under EIN 861674110. It is classified under NTEE code B99.
How many years of IRS 990 filings does Cohort Sistas Inc have?
Cohort Sistas 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 $72K in total revenue.
Filing History
IRS 990 filing history for Cohort Sistas Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Cohort Sistas Inc's revenue has grown by 386.1%, moving from $49K to $240K. Total assets decreased by 86% over the same period, from $59K to $8K. Total functional expenses rose by 928.7%, from $24K to $248K. In its most recent filing year (2023), Cohort Sistas Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1K in liabilities against $8K in assets (debt-to-asset ratio: 13.4%), resulting in net assets of $7K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $248K | $8K | $1K | — | — |
| 2022 | $49K | $24K | $59K | $867 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cohort Sistas Inc:
Data Sources and Methodology
This transparency report for Cohort Sistas 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.