Comer Science And Education Foundation
EIN: 364244783 · Waukesha, WI · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $8.7M |
| Net Assets | $48.1M |
Is Comer Science And Education Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Comer Science And Education Foundation
Comer Science And Education Foundation (EIN: 364244783) is a nonprofit organization based in Waukesha, WI, classified under NTEE code T20. The organization reported total revenue of $4.6M and total assets of $68.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Comer Science And Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Comer Science And Education Foundation is a mid-size nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $8.7M |
| Surplus / Deficit | $-6,115,083 |
| Total Assets | $65.8M |
| Total Liabilities | $17.7M |
| Net Assets | $48.1M |
| Operating Margin | -236.7% |
| Debt-to-Asset Ratio | 26.9% |
| Months of Reserves | 90.8 months |
Financial Health Grade: B
In 2023, Comer Science And Education Foundation reported a deficit of $6.1M with expenses exceeding revenue, holds 90.8 months of operating reserves (strong position), has a debt-to-asset ratio of 26.9% (moderate leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.6% | -15.6% | -9.5% |
| 2022 | +5.5% | +39.7% | -7.8% |
| 2021 | -34.8% | -15.7% | -5.3% |
| 2020 | -3.8% | +18.6% | -5.1% |
| 2019 | +3.6% | +20.4% | -23.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Comer Science And Education 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 Comer Science And Education 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.9%.
Frequently Asked Questions about Comer Science And Education Foundation
Is Comer Science And Education Foundation a legitimate charity?
Comer Science And Education Foundation (EIN: 364244783) is a registered tax-exempt nonprofit based in Wisconsin. It has 10 years of IRS 990 filings on record. Total revenue: $4.6M. No red flags identified. Financial health grade: B.
How does Comer Science And Education Foundation spend its money?
Comer Science And Education Foundation reported $4.6M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Comer Science And Education Foundation tax-deductible?
Comer Science And Education Foundation is registered as a tax-exempt nonprofit (EIN: 364244783). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Comer Science And Education Foundation located?
Comer Science And Education Foundation is headquartered in Waukesha, Wisconsin and files with the IRS under EIN 364244783. It is classified under NTEE code T20.
How many years of IRS 990 filings does Comer Science And Education Foundation have?
Comer Science And Education Foundation has 10 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 $4.6M in total revenue.
Filing History
IRS 990 filing history for Comer Science And Education Foundation showing financial trends over 10 years of public records:
Total assets decreased by 51.2% over the same period, from $134.9M to $65.8M. Total functional expenses fell by 16.5%, from $10.4M to $8.7M. In its most recent filing year (2023), Comer Science And Education Foundation reported a deficit of $6.1M, with expenses exceeding revenue. The organization holds $17.7M in liabilities against $65.8M in assets (debt-to-asset ratio: 26.9%), resulting in net assets of $48.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $8.7M | $65.8M | $17.7M | — | — |
| 2022 | $2.1M | $10.3M | $72.7M | $19.3M | — | View 990 |
| 2021 | $2.0M | $7.4M | $78.9M | $17.9M | — | View 990 |
| 2020 | $3.0M | $8.8M | $83.3M | $17.9M | — | View 990 |
| 2019 | $3.1M | $7.4M | $87.8M | $16.7M | — | — |
| 2015 | $3.0M | $6.1M | $114.7M | $29.7M | — | View 990 |
| 2014 | $3.2M | $7.9M | $118.4M | $30.2M | — | View 990 |
| 2013 | $3.5M | $8.2M | $123.5M | $30.5M | — | View 990 |
| 2012 | $4.3M | $9.6M | $129.0M | $34.0M | — | View 990 |
| 2011 | $-1,793,232 | $10.4M | $134.9M | $34.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $8.7M, and assets of $65.8M (revenue +24.6% year-over-year).
- 2022: Revenue of $2.1M, expenses of $10.3M, and assets of $72.7M (revenue +5.5% year-over-year).
- 2021: Revenue of $2.0M, expenses of $7.4M, and assets of $78.9M (revenue -34.8% year-over-year).
- 2020: Revenue of $3.0M, expenses of $8.8M, and assets of $83.3M (revenue -3.8% year-over-year).
- 2019: Revenue of $3.1M, expenses of $7.4M, and assets of $87.8M (revenue +3.6% year-over-year).
- 2015: Revenue of $3.0M, expenses of $6.1M, and assets of $114.7M (revenue -4.0% year-over-year).
- 2014: Revenue of $3.2M, expenses of $7.9M, and assets of $118.4M (revenue -10.1% year-over-year).
- 2013: Revenue of $3.5M, expenses of $8.2M, and assets of $123.5M (revenue -18.9% year-over-year).
- 2012: Revenue of $4.3M, expenses of $9.6M, and assets of $129.0M.
- 2011: Revenue of $-1,793,232, expenses of $10.4M, and assets of $134.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Comer Science And Education Foundation:
Data Sources and Methodology
This transparency report for Comer Science And Education 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.