Cone Automatic Machine Company Charitable Foundation
EIN: 36004866 · Ascutney, VT
| Metric | Value |
|---|---|
| Total Revenue | $315K |
| Total Expenses | $85K |
| Net Assets | $705K |
Is Cone Automatic Machine Company Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cone Automatic Machine Company Charitable Foundation
Cone Automatic Machine Company Charitable Foundation (EIN: 36004866) is a nonprofit organization based in Ascutney, VT. The organization reported total revenue of $315K and total assets of $658K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cone Automatic Machine Company Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cone Automatic Machine Company Charitable Foundation is a small nonprofit that has been operating for 72 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $39K |
| Total Expenses | $85K |
| Surplus / Deficit | $-46,389 |
| Total Assets | $705K |
| Total Liabilities | $1 |
| Net Assets | $705K |
| Operating Margin | -120.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 99.7 months |
Financial Health Grade: B
In 2023, Cone Automatic Machine Company Charitable Foundation reported a deficit of $46K with expenses exceeding revenue, holds 99.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Cone Automatic Machine Company Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -41.0% | +1.9% | -6.2% |
| 2022 | +7.2% | +7.3% | -5.6% |
| 2021 | +80.4% | +38.6% | -2.1% |
| 2020 | -0.1% | -10.4% | -11.5% |
| 2015 | -81.8% | +12.8% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1954 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cone Automatic Machine Company Charitable 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 Cone Automatic Machine Company Charitable 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 $46K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Cone Automatic Machine Company Charitable Foundation
Is Cone Automatic Machine Company Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cone Automatic Machine Company Charitable Foundation (EIN: 36004866) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cone Automatic Machine Company Charitable Foundation spend its money?
Detailed spending breakdown data is not yet available for Cone Automatic Machine Company Charitable Foundation. Check back for updated IRS 990 analysis.
Are donations to Cone Automatic Machine Company Charitable Foundation tax-deductible?
Cone Automatic Machine Company Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 36004866). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cone Automatic Machine Company Charitable Foundation located?
Cone Automatic Machine Company Charitable Foundation is headquartered in Ascutney, Vermont and files with the IRS under EIN 36004866.
How many years of IRS 990 filings does Cone Automatic Machine Company Charitable Foundation have?
Cone Automatic Machine Company Charitable Foundation has 9 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 $315K in total revenue.
Filing History
IRS 990 filing history for Cone Automatic Machine Company Charitable Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Cone Automatic Machine Company Charitable Foundation's revenue has declined by 37.5%, moving from $62K to $39K. Total assets decreased by 16.4% over the same period, from $844K to $705K. Total functional expenses rose by 90.8%, from $45K to $85K. In its most recent filing year (2023), Cone Automatic Machine Company Charitable Foundation reported a deficit of $46K, with expenses exceeding revenue. The organization holds $1 in liabilities against $705K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $705K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $39K | $85K | $705K | $1 | — | View 990 |
| 2022 | $65K | $83K | $752K | $1 | — | View 990 |
| 2021 | $61K | $78K | $797K | $1 | — | — |
| 2020 | $34K | $56K | $814K | $1 | — | View 990 |
| 2015 | $34K | $63K | $919K | $1 | — | View 990 |
| 2014 | $186K | $55K | $948K | $1 | — | View 990 |
| 2013 | $34K | $70K | $817K | $1 | — | View 990 |
| 2012 | $67K | $58K | $854K | $1 | — | View 990 |
| 2011 | $62K | $45K | $844K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $39K, expenses of $85K, and assets of $705K (revenue -41.0% year-over-year).
- 2022: Revenue of $65K, expenses of $83K, and assets of $752K (revenue +7.2% year-over-year).
- 2021: Revenue of $61K, expenses of $78K, and assets of $797K (revenue +80.4% year-over-year).
- 2020: Revenue of $34K, expenses of $56K, and assets of $814K (revenue -0.1% year-over-year).
- 2015: Revenue of $34K, expenses of $63K, and assets of $919K (revenue -81.8% year-over-year).
- 2014: Revenue of $186K, expenses of $55K, and assets of $948K (revenue +454.7% year-over-year).
- 2013: Revenue of $34K, expenses of $70K, and assets of $817K (revenue -49.8% year-over-year).
- 2012: Revenue of $67K, expenses of $58K, and assets of $854K (revenue +8.4% year-over-year).
- 2011: Revenue of $62K, expenses of $45K, and assets of $844K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cone Automatic Machine Company Charitable Foundation:
Data Sources and Methodology
This transparency report for Cone Automatic Machine Company Charitable 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.