Community Development Foundation Inc
EIN: 631252587 · Hamilton, AL · NTEE: S30
Is Community Development Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Community Development Foundation Inc
Community Development Foundation Inc (EIN: 631252587) is a nonprofit organization based in Hamilton, AL, classified under NTEE code S30. The organization reported total revenue of $112K and total assets of $423K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Development Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Development Foundation Inc is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $87K |
| Surplus / Deficit | +$15K |
| Total Assets | $356K |
| Net Assets | $356K |
| Operating Margin | 14.9% |
| Months of Reserves | 49.3 months |
Financial Health Grade: A
In 2023, Community Development Foundation Inc reported a surplus of $15K with revenue exceeding expenses, holds 49.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Community Development Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.0% | -31.5% | +4.5% |
| 2022 | -2.0% | +65.8% | -6.4% |
| 2021 | +0.1% | +1.1% | +8.6% |
| 2020 | +0.1% | -1.6% | +9.6% |
| 2019 | +0.2% | +10857.1% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Community Development Foundation 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 Community Development Foundation 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 $15K, with revenue exceeding expenses.
Frequently Asked Questions about Community Development Foundation Inc
Is Community Development Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Development Foundation Inc (EIN: 631252587) insufficient data. 0 red flags identified, 0 strengths noted.
How does Community Development Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Community Development Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Community Development Foundation Inc tax-deductible?
Community Development Foundation Inc is registered as a tax-exempt nonprofit (EIN: 631252587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Community Development Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Community Development Foundation Inc's revenue has grown by 1.5%, moving from $100K to $102K. Total assets increased by 241.1% over the same period, from $104K to $356K. Total functional expenses rose by 13.8%, from $76K to $87K. In its most recent filing year (2023), Community Development Foundation Inc reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $87K | $356K | $0 | — | View 990 |
| 2022 | $103K | $127K | $341K | $0 | — | View 990 |
| 2021 | $105K | $76K | $365K | $0 | — | — |
| 2020 | $105K | $76K | $336K | $0 | — | View 990 |
| 2019 | $105K | $77K | $306K | $0 | — | View 990 |
| 2018 | $105K | $700 | $278K | $0 | — | View 990 |
| 2017 | $99K | $0 | $249K | $0 | — | View 990 |
| 2016 | $100K | $76K | $226K | $0 | — | View 990 |
| 2015 | $100K | $76K | $202K | $0 | — | View 990 |
| 2014 | $100K | $76K | $182K | $0 | — | View 990 |
| 2013 | $100K | $77K | $161K | $0 | — | View 990 |
| 2012 | $102K | $80K | $135K | $0 | — | View 990 |
| 2011 | $100K | $76K | $104K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $87K, and assets of $356K (revenue -1.0% year-over-year).
- 2022: Revenue of $103K, expenses of $127K, and assets of $341K (revenue -2.0% year-over-year).
- 2021: Revenue of $105K, expenses of $76K, and assets of $365K (revenue +0.1% year-over-year).
- 2020: Revenue of $105K, expenses of $76K, and assets of $336K (revenue +0.1% year-over-year).
- 2019: Revenue of $105K, expenses of $77K, and assets of $306K (revenue +0.2% year-over-year).
- 2018: Revenue of $105K, expenses of $700, and assets of $278K (revenue +5.8% year-over-year).
- 2017: Revenue of $99K, expenses of $0, and assets of $249K (revenue -1.4% year-over-year).
- 2016: Revenue of $100K, expenses of $76K, and assets of $226K (revenue +0.0% year-over-year).
- 2015: Revenue of $100K, expenses of $76K, and assets of $202K (revenue +0.0% year-over-year).
- 2014: Revenue of $100K, expenses of $76K, and assets of $182K (revenue +0.0% year-over-year).
- 2013: Revenue of $100K, expenses of $77K, and assets of $161K (revenue -1.6% year-over-year).
- 2012: Revenue of $102K, expenses of $80K, and assets of $135K (revenue +1.4% year-over-year).
- 2011: Revenue of $100K, expenses of $76K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Development Foundation Inc:
Data Sources and Methodology
This transparency report for Community Development Foundation 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.