Colman Development Corporation
EIN: 237252001 · Colman, SD
| Metric | Value |
|---|---|
| Total Expenses | $40K |
| Net Assets | $100K |
Is Colman Development Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Colman Development Corporation
Colman Development Corporation (EIN: 237252001) is a nonprofit organization based in Colman, SD. 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 Colman Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colman Development Corporation is a small nonprofit that has been operating for 52 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 34.1%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $104K |
| Total Expenses | $40K |
| Surplus / Deficit | +$65K |
| Total Assets | $100K |
| Net Assets | $100K |
| Operating Margin | 62.0% |
| Months of Reserves | 30.2 months |
Financial Health Grade: A
In 2015, Colman Development Corporation reported a surplus of $65K with revenue exceeding expenses, holds 30.2 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Colman Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 34.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +197.9% | +1.6% | +184.5% |
| 2014 | -4.4% | -6.0% | -10.2% |
| 2013 | +12.1% | +29.3% | -11.1% |
| 2012 | +1.2% | +4.2% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Colman Development Corporation 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 Colman Development Corporation 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $65K, with revenue exceeding expenses.
Frequently Asked Questions about Colman Development Corporation
Is Colman Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Colman Development Corporation (EIN: 237252001) insufficient data. 0 red flags identified, 0 strengths noted.
How does Colman Development Corporation spend its money?
Detailed spending breakdown data is not yet available for Colman Development Corporation. Check back for updated IRS 990 analysis.
Are donations to Colman Development Corporation tax-deductible?
Colman Development Corporation is registered as a tax-exempt nonprofit (EIN: 237252001). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Colman Development Corporation located?
Colman Development Corporation is headquartered in Colman, South Dakota and files with the IRS under EIN 237252001.
How many years of IRS 990 filings does Colman Development Corporation have?
Colman Development Corporation has 5 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 Colman Development Corporation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Colman Development Corporation's revenue has grown by 223.2%, moving from $32K to $104K. Total assets increased by 130.4% over the same period, from $43K to $100K. Total functional expenses rose by 28.6%, from $31K to $40K. In its most recent filing year (2015), Colman Development Corporation reported a surplus of $65K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $104K | $40K | $100K | $0 | — | View 990 |
| 2014 | $35K | $39K | $35K | $0 | — | View 990 |
| 2013 | $37K | $41K | $39K | $0 | — | View 990 |
| 2012 | $33K | $32K | $44K | $0 | — | View 990 |
| 2011 | $32K | $31K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $104K, expenses of $40K, and assets of $100K (revenue +197.9% year-over-year).
- 2014: Revenue of $35K, expenses of $39K, and assets of $35K (revenue -4.4% year-over-year).
- 2013: Revenue of $37K, expenses of $41K, and assets of $39K (revenue +12.1% year-over-year).
- 2012: Revenue of $33K, expenses of $32K, and assets of $44K (revenue +1.2% year-over-year).
- 2011: Revenue of $32K, expenses of $31K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Colman Development Corporation:
Data Sources and Methodology
This transparency report for Colman Development Corporation 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.