Colip Family Foundation
EIN: 43619630 · Norton, KS
| Metric | Value |
|---|---|
| Total Expenses | $14K |
| Net Assets | $310K |
Is Colip Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colip Family Foundation
Colip Family Foundation (EIN: 43619630) is a nonprofit organization based in Norton, KS. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colip Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colip Family Foundation is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2016). Revenue has grown at a compound annual rate of -67.6%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $14K |
| Surplus / Deficit | $-12,385 |
| Total Assets | $310K |
| Net Assets | $310K |
| Operating Margin | -653.6% |
| Months of Reserves | 260.7 months |
Financial Health Grade: B
In 2016, Colip Family Foundation reported a deficit of $12K with expenses exceeding revenue, holds 260.7 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2011–2016), Colip Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -67.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -3.4% | -75.9% | -3.8% |
| 2015 | -26.7% | -75.8% | -15.1% |
| 2014 | -89.7% | -12.7% | -39.0% |
| 2013 | -89.4% | +42.9% | -29.1% |
| 2012 | -53.6% | +14.6% | +5.9% |
AI Analysis Pending
AI enrichment for Colip Family Foundation 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 Colip Family Foundation 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $12K, with expenses exceeding revenue.
Frequently Asked Questions about Colip Family Foundation
Is Colip Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Colip Family Foundation (EIN: 43619630) insufficient data. 0 red flags identified, 0 strengths noted.
How does Colip Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Colip Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Colip Family Foundation tax-deductible?
Colip Family Foundation is registered as a tax-exempt nonprofit (EIN: 43619630). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Colip Family Foundation located?
Colip Family Foundation is headquartered in Norton, Kansas and files with the IRS under EIN 43619630.
How many years of IRS 990 filings does Colip Family Foundation have?
Colip Family Foundation has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Colip Family Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2016), Colip Family Foundation's revenue has declined by 99.6%, moving from $529K to $2K. Total assets decreased by 62.6% over the same period, from $829K to $310K. Total functional expenses fell by 91.7%, from $172K to $14K. In its most recent filing year (2016), Colip Family Foundation reported a deficit of $12K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $2K | $14K | $310K | $0 | — | — |
| 2015 | $2K | $59K | $323K | $0 | — | View 990 |
| 2014 | $3K | $245K | $380K | $0 | — | View 990 |
| 2013 | $26K | $281K | $623K | $0 | — | View 990 |
| 2012 | $246K | $197K | $877K | $0 | — | View 990 |
| 2011 | $529K | $172K | $829K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $2K, expenses of $14K, and assets of $310K (revenue -3.4% year-over-year).
- 2015: Revenue of $2K, expenses of $59K, and assets of $323K (revenue -26.7% year-over-year).
- 2014: Revenue of $3K, expenses of $245K, and assets of $380K (revenue -89.7% year-over-year).
- 2013: Revenue of $26K, expenses of $281K, and assets of $623K (revenue -89.4% year-over-year).
- 2012: Revenue of $246K, expenses of $197K, and assets of $877K (revenue -53.6% year-over-year).
- 2011: Revenue of $529K, expenses of $172K, and assets of $829K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colip Family Foundation:
Data Sources and Methodology
This transparency report for Colip Family Foundation 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.