Cool Ground Inc
EIN: 274464297 · S Burlington, VT · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $257K |
| Total Expenses | $289K |
| Net Assets | $82K |
Is Cool Ground Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cool Ground Inc
Cool Ground Inc (EIN: 274464297) is a nonprofit organization based in S Burlington, VT, classified under NTEE code P20. The organization reported total revenue of $257K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cool Ground Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cool Ground Inc is a small nonprofit that has been operating for 14 years, with 2 years of IRS 990 filings on record (2023–2024). Revenue has grown at a compound annual rate of 66.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $260K |
| Total Expenses | $289K |
| Surplus / Deficit | $-29,212 |
| Total Assets | $82K |
| Net Assets | $82K |
| Operating Margin | -11.3% |
| Months of Reserves | 3.4 months |
Financial Health Grade: B
In 2024, Cool Ground Inc reported a deficit of $29K with expenses exceeding revenue, holds 3.4 months of operating reserves (adequate).
Financial Trends
Over 2 years of filings (2023–2024), Cool Ground Inc's revenue has grown at a compound annual growth rate (CAGR) of 66.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +66.5% | +124.7% | +199.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cool Ground 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 Cool Ground 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
Frequently Asked Questions about Cool Ground Inc
Is Cool Ground Inc a legitimate charity?
Cool Ground Inc (EIN: 274464297) is a registered tax-exempt nonprofit based in Vermont. It has 2 years of IRS 990 filings on record. Total revenue: $257K. No red flags identified. Financial health grade: B.
How does Cool Ground Inc spend its money?
Cool Ground Inc reported $257K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cool Ground Inc tax-deductible?
Cool Ground Inc is registered as a tax-exempt nonprofit (EIN: 274464297). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cool Ground Inc located?
Cool Ground Inc is headquartered in S Burlington, Vermont and files with the IRS under EIN 274464297. It is classified under NTEE code P20.
How many years of IRS 990 filings does Cool Ground Inc have?
Cool Ground Inc has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $257K in total revenue.
Filing History
IRS 990 filing history for Cool Ground Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2023–2024), Cool Ground Inc's revenue has grown by 66.5%, moving from $156K to $260K. Total assets increased by 199.4% over the same period, from $27K to $82K. Total functional expenses rose by 124.7%, from $128K to $289K. In its most recent filing year (2024), Cool Ground Inc reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $260K | $289K | $82K | $0 | — | — |
| 2023 | $156K | $128K | $27K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cool Ground Inc:
Data Sources and Methodology
This transparency report for Cool Ground 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.