Coon Rapids Bayard Educational Corporation
EIN: 421504497 · Coon Rapids, IA · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $45K |
| Net Assets | $66K |
Is Coon Rapids Bayard Educational Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Coon Rapids Bayard Educational Corporation
Coon Rapids Bayard Educational Corporation (EIN: 421504497) is a nonprofit organization based in Coon Rapids, IA, classified under NTEE code B11. The organization reported total revenue of $61K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coon Rapids Bayard Educational Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coon Rapids Bayard Educational Corporation is a micro nonprofit that has been operating for 26 years, with 12 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $45K |
| Surplus / Deficit | +$17K |
| Total Assets | $66K |
| Total Liabilities | $1 |
| Net Assets | $66K |
| Operating Margin | 27.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 17.5 months |
Financial Health Grade: A
In 2024, Coon Rapids Bayard Educational Corporation reported a surplus of $17K with revenue exceeding expenses, holds 17.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2024), Coon Rapids Bayard Educational Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +29.0% | -8.9% | +35.9% |
| 2023 | -9.6% | -3.8% | -2.2% |
| 2022 | +54.6% | +25.7% | +4.5% |
| 2021 | -35.7% | -6.9% | -11.7% |
| 2020 | +8.8% | +2.5% | +22.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Coon Rapids Bayard Educational 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 Coon Rapids Bayard Educational 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Coon Rapids Bayard Educational Corporation
Is Coon Rapids Bayard Educational Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Coon Rapids Bayard Educational Corporation (EIN: 421504497) insufficient data. 0 red flags identified, 0 strengths noted.
How does Coon Rapids Bayard Educational Corporation spend its money?
Detailed spending breakdown data is not yet available for Coon Rapids Bayard Educational Corporation. Check back for updated IRS 990 analysis.
Are donations to Coon Rapids Bayard Educational Corporation tax-deductible?
Coon Rapids Bayard Educational Corporation is registered as a tax-exempt nonprofit (EIN: 421504497). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Coon Rapids Bayard Educational Corporation located?
Coon Rapids Bayard Educational Corporation is headquartered in Coon Rapids, Iowa and files with the IRS under EIN 421504497. It is classified under NTEE code B11.
How many years of IRS 990 filings does Coon Rapids Bayard Educational Corporation have?
Coon Rapids Bayard Educational Corporation has 12 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 $61K in total revenue.
Filing History
IRS 990 filing history for Coon Rapids Bayard Educational Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2024), Coon Rapids Bayard Educational Corporation's revenue has grown by 5%, moving from $60K to $63K. Total assets increased by 52.6% over the same period, from $43K to $66K. Total functional expenses rose by 31.8%, from $34K to $45K. In its most recent filing year (2024), Coon Rapids Bayard Educational Corporation reported a surplus of $17K, with revenue exceeding expenses. The organization holds $1 in liabilities against $66K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $66K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $63K | $45K | $66K | $1 | — | — |
| 2023 | $49K | $50K | $49K | $1 | — | View 990 |
| 2022 | $54K | $52K | $50K | $1 | — | View 990 |
| 2021 | $35K | $41K | $47K | $1 | — | — |
| 2020 | $54K | $44K | $54K | $1 | — | — |
| 2019 | $50K | $43K | $44K | $1 | — | View 990 |
| 2018 | $79K | $116K | $37K | $1 | — | View 990 |
| 2015 | $14K | $28K | $19K | $0 | — | View 990 |
| 2014 | $15K | $14K | $33K | $0 | — | View 990 |
| 2013 | $22K | $19K | $32K | $0 | — | View 990 |
| 2012 | $11K | $26K | $29K | $0 | — | View 990 |
| 2011 | $60K | $34K | $43K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $63K, expenses of $45K, and assets of $66K (revenue +29.0% year-over-year).
- 2023: Revenue of $49K, expenses of $50K, and assets of $49K (revenue -9.6% year-over-year).
- 2022: Revenue of $54K, expenses of $52K, and assets of $50K (revenue +54.6% year-over-year).
- 2021: Revenue of $35K, expenses of $41K, and assets of $47K (revenue -35.7% year-over-year).
- 2020: Revenue of $54K, expenses of $44K, and assets of $54K (revenue +8.8% year-over-year).
- 2019: Revenue of $50K, expenses of $43K, and assets of $44K (revenue -36.9% year-over-year).
- 2018: Revenue of $79K, expenses of $116K, and assets of $37K (revenue +451.1% year-over-year).
- 2015: Revenue of $14K, expenses of $28K, and assets of $19K (revenue -6.2% year-over-year).
- 2014: Revenue of $15K, expenses of $14K, and assets of $33K (revenue -31.7% year-over-year).
- 2013: Revenue of $22K, expenses of $19K, and assets of $32K (revenue +95.1% year-over-year).
- 2012: Revenue of $11K, expenses of $26K, and assets of $29K (revenue -80.9% year-over-year).
- 2011: Revenue of $60K, expenses of $34K, and assets of $43K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coon Rapids Bayard Educational Corporation:
Data Sources and Methodology
This transparency report for Coon Rapids Bayard Educational 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.