Commonwealth Coast Conference Inc
EIN: 260776530 · Beverly, MA · NTEE: B90
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $322K |
| Net Assets | $168K |
Is Commonwealth Coast Conference Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Commonwealth Coast Conference Inc
Commonwealth Coast Conference Inc (EIN: 260776530) is a nonprofit organization based in Beverly, MA, classified under NTEE code B90. The organization reported total revenue of $404K and total assets of $401K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Commonwealth Coast Conference Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Commonwealth Coast Conference Inc is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $352K |
| Total Expenses | $322K |
| Surplus / Deficit | +$30K |
| Total Assets | $190K |
| Total Liabilities | $22K |
| Net Assets | $168K |
| Operating Margin | 8.6% |
| Debt-to-Asset Ratio | 11.5% |
| Months of Reserves | 7.1 months |
Financial Health Grade: A
In 2023, Commonwealth Coast Conference Inc reported a surplus of $30K with revenue exceeding expenses, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 11.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Commonwealth Coast Conference Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.1% | +9.4% | +24.0% |
| 2022 | +8.7% | +13.5% | +16.5% |
| 2021 | -0.1% | -18.0% | +91.0% |
| 2020 | +2.4% | +8.3% | -16.3% |
| 2019 | +2.6% | -1.7% | +17.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Commonwealth Coast Conference 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 Commonwealth Coast Conference 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 surplus of $30K, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.5%.
Frequently Asked Questions about Commonwealth Coast Conference Inc
Is Commonwealth Coast Conference Inc a legitimate charity?
Commonwealth Coast Conference Inc (EIN: 260776530) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $404K. No red flags identified. Financial health grade: A.
How does Commonwealth Coast Conference Inc spend its money?
Commonwealth Coast Conference Inc reported $404K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Commonwealth Coast Conference Inc tax-deductible?
Commonwealth Coast Conference Inc is registered as a tax-exempt nonprofit (EIN: 260776530). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Commonwealth Coast Conference Inc located?
Commonwealth Coast Conference Inc is headquartered in Beverly, Massachusetts and files with the IRS under EIN 260776530. It is classified under NTEE code B90.
How many years of IRS 990 filings does Commonwealth Coast Conference Inc have?
Commonwealth Coast Conference Inc has 13 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 $404K in total revenue.
Filing History
IRS 990 filing history for Commonwealth Coast Conference Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Commonwealth Coast Conference Inc's revenue has grown by 36%, moving from $259K to $352K. Total assets increased by 16.6% over the same period, from $163K to $190K. Total functional expenses rose by 9.1%, from $296K to $322K. In its most recent filing year (2023), Commonwealth Coast Conference Inc reported a surplus of $30K, with revenue exceeding expenses. The organization holds $22K in liabilities against $190K in assets (debt-to-asset ratio: 11.5%), resulting in net assets of $168K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $352K | $322K | $190K | $22K | — | — |
| 2022 | $329K | $295K | $153K | $15K | — | View 990 |
| 2021 | $303K | $260K | $131K | $28K | — | View 990 |
| 2020 | $303K | $317K | $69K | $9K | — | View 990 |
| 2019 | $296K | $292K | $82K | $9K | — | View 990 |
| 2018 | $289K | $298K | $70K | $0 | — | View 990 |
| 2017 | $316K | $291K | $80K | $955 | — | View 990 |
| 2016 | $260K | $258K | $54K | $286 | — | View 990 |
| 2015 | $249K | $259K | $52K | $118 | — | View 990 |
| 2014 | $251K | $251K | $62K | $16 | — | View 990 |
| 2013 | $239K | $269K | $62K | $263 | — | View 990 |
| 2012 | $235K | $238K | $94K | $3K | — | View 990 |
| 2011 | $259K | $296K | $163K | $69K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $352K, expenses of $322K, and assets of $190K (revenue +7.1% year-over-year).
- 2022: Revenue of $329K, expenses of $295K, and assets of $153K (revenue +8.7% year-over-year).
- 2021: Revenue of $303K, expenses of $260K, and assets of $131K (revenue -0.1% year-over-year).
- 2020: Revenue of $303K, expenses of $317K, and assets of $69K (revenue +2.4% year-over-year).
- 2019: Revenue of $296K, expenses of $292K, and assets of $82K (revenue +2.6% year-over-year).
- 2018: Revenue of $289K, expenses of $298K, and assets of $70K (revenue -8.7% year-over-year).
- 2017: Revenue of $316K, expenses of $291K, and assets of $80K (revenue +21.7% year-over-year).
- 2016: Revenue of $260K, expenses of $258K, and assets of $54K (revenue +4.5% year-over-year).
- 2015: Revenue of $249K, expenses of $259K, and assets of $52K (revenue -1.0% year-over-year).
- 2014: Revenue of $251K, expenses of $251K, and assets of $62K (revenue +4.9% year-over-year).
- 2013: Revenue of $239K, expenses of $269K, and assets of $62K (revenue +1.9% year-over-year).
- 2012: Revenue of $235K, expenses of $238K, and assets of $94K (revenue -9.4% year-over-year).
- 2011: Revenue of $259K, expenses of $296K, and assets of $163K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Commonwealth Coast Conference Inc:
Data Sources and Methodology
This transparency report for Commonwealth Coast Conference 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.