Coolidge Apartments Corporation
EIN: 30344036 · White Riv Jct, VT · NTEE: L20
| Metric | Value |
|---|---|
| Total Revenue | $155K |
| Total Expenses | $168K |
| Net Assets | $-206,007 |
Is Coolidge Apartments Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Coolidge Apartments Corporation
Coolidge Apartments Corporation (EIN: 30344036) is a nonprofit organization based in White Riv Jct, VT, classified under NTEE code L20. The organization reported total revenue of $155K and total assets of $578K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coolidge Apartments Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coolidge Apartments Corporation is a small nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $168K |
| Surplus / Deficit | $-18,997 |
| Total Assets | $603K |
| Total Liabilities | $809K |
| Net Assets | $-206,007 |
| Operating Margin | -12.7% |
| Debt-to-Asset Ratio | 134.1% |
| Months of Reserves | 43.0 months |
Financial Health Grade: C
In 2023, Coolidge Apartments Corporation reported a deficit of $19K with expenses exceeding revenue, holds 43.0 months of operating reserves (strong position), has a debt-to-asset ratio of 134.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Coolidge Apartments Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | +4.0% | -2.8% |
| 2022 | +4.2% | +1.0% | -5.9% |
| 2021 | -5.1% | +13.2% | -1.9% |
| 2020 | +3.7% | +1.4% | +1.0% |
| 2019 | +5.5% | +0.6% | +0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Coolidge Apartments Corporation 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 Coolidge Apartments Corporation 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 $19K, with expenses exceeding revenue.
- Debt-to-asset ratio: 134.1%.
Frequently Asked Questions about Coolidge Apartments Corporation
Is Coolidge Apartments Corporation a legitimate charity?
Coolidge Apartments Corporation (EIN: 30344036) is a registered tax-exempt nonprofit based in Vermont. It has 13 years of IRS 990 filings on record. Total revenue: $155K. No red flags identified. Financial health grade: C.
How does Coolidge Apartments Corporation spend its money?
Coolidge Apartments Corporation reported $155K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Coolidge Apartments Corporation tax-deductible?
Coolidge Apartments Corporation is registered as a tax-exempt nonprofit (EIN: 30344036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Coolidge Apartments Corporation located?
Coolidge Apartments Corporation is headquartered in White Riv Jct, Vermont and files with the IRS under EIN 30344036. It is classified under NTEE code L20.
How many years of IRS 990 filings does Coolidge Apartments Corporation have?
Coolidge Apartments Corporation 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 $155K in total revenue.
Filing History
IRS 990 filing history for Coolidge Apartments Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Coolidge Apartments Corporation's revenue has grown by 53.9%, moving from $97K to $149K. Total assets decreased by 23.7% over the same period, from $791K to $603K. Total functional expenses rose by 56.1%, from $108K to $168K. In its most recent filing year (2023), Coolidge Apartments Corporation reported a deficit of $19K, with expenses exceeding revenue. The organization holds $809K in liabilities against $603K in assets (debt-to-asset ratio: 134.1%), resulting in net assets of $-206,007.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $149K | $168K | $603K | $809K | — | — |
| 2022 | $142K | $162K | $621K | $808K | — | View 990 |
| 2021 | $136K | $160K | $660K | $827K | — | View 990 |
| 2020 | $144K | $142K | $672K | $816K | — | View 990 |
| 2019 | $138K | $140K | $665K | $811K | — | View 990 |
| 2018 | $131K | $139K | $660K | $804K | — | View 990 |
| 2017 | $115K | $186K | $677K | $813K | — | View 990 |
| 2016 | $116K | $125K | $738K | $804K | — | View 990 |
| 2015 | $116K | $115K | $747K | $804K | — | View 990 |
| 2014 | $106K | $126K | $746K | $803K | — | View 990 |
| 2013 | $107K | $124K | $770K | $807K | — | View 990 |
| 2012 | $105K | $113K | $784K | $805K | — | View 990 |
| 2011 | $97K | $108K | $791K | $804K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $149K, expenses of $168K, and assets of $603K (revenue +5.2% year-over-year).
- 2022: Revenue of $142K, expenses of $162K, and assets of $621K (revenue +4.2% year-over-year).
- 2021: Revenue of $136K, expenses of $160K, and assets of $660K (revenue -5.1% year-over-year).
- 2020: Revenue of $144K, expenses of $142K, and assets of $672K (revenue +3.7% year-over-year).
- 2019: Revenue of $138K, expenses of $140K, and assets of $665K (revenue +5.5% year-over-year).
- 2018: Revenue of $131K, expenses of $139K, and assets of $660K (revenue +14.2% year-over-year).
- 2017: Revenue of $115K, expenses of $186K, and assets of $677K (revenue -0.8% year-over-year).
- 2016: Revenue of $116K, expenses of $125K, and assets of $738K (revenue -0.6% year-over-year).
- 2015: Revenue of $116K, expenses of $115K, and assets of $747K (revenue +10.0% year-over-year).
- 2014: Revenue of $106K, expenses of $126K, and assets of $746K (revenue -1.5% year-over-year).
- 2013: Revenue of $107K, expenses of $124K, and assets of $770K (revenue +2.1% year-over-year).
- 2012: Revenue of $105K, expenses of $113K, and assets of $784K (revenue +8.4% year-over-year).
- 2011: Revenue of $97K, expenses of $108K, and assets of $791K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coolidge Apartments Corporation:
Data Sources and Methodology
This transparency report for Coolidge Apartments Corporation 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.