Coon Rapids Development Group
EIN: 421493044 · Coon Rapids, IA · NTEE: S32
| Metric | Value |
|---|---|
| Total Revenue | $81K |
| Total Expenses | $38K |
| Net Assets | $531K |
Is Coon Rapids Development Group 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 Development Group
Coon Rapids Development Group (EIN: 421493044) is a nonprofit organization based in Coon Rapids, IA, classified under NTEE code S32. The organization reported total revenue of $81K and total assets of $576K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coon Rapids Development Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coon Rapids Development Group is a micro nonprofit that has been operating for 24 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 41.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $145K |
| Total Expenses | $38K |
| Surplus / Deficit | +$107K |
| Total Assets | $563K |
| Total Liabilities | $32K |
| Net Assets | $531K |
| Operating Margin | 73.6% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 176.1 months |
Financial Health Grade: A
In 2023, Coon Rapids Development Group reported a surplus of $107K with revenue exceeding expenses, holds 176.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Coon Rapids Development Group's revenue has grown at a compound annual growth rate (CAGR) of 41.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +84.8% | +188.5% | +6.9% |
| 2022 | +15.2% | -63.0% | +2.5% |
| 2021 | -48.6% | -51.4% | -8.4% |
| 2020 | +56.1% | +114.1% | +1.4% |
| 2019 | -29.7% | -21.6% | -4.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Coon Rapids Development Group 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 Development Group 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 $107K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.7%.
Frequently Asked Questions about Coon Rapids Development Group
Is Coon Rapids Development Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Coon Rapids Development Group (EIN: 421493044) insufficient data. 0 red flags identified, 0 strengths noted.
How does Coon Rapids Development Group spend its money?
Detailed spending breakdown data is not yet available for Coon Rapids Development Group. Check back for updated IRS 990 analysis.
Are donations to Coon Rapids Development Group tax-deductible?
Coon Rapids Development Group is registered as a tax-exempt nonprofit (EIN: 421493044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Coon Rapids Development Group located?
Coon Rapids Development Group is headquartered in Coon Rapids, Iowa and files with the IRS under EIN 421493044. It is classified under NTEE code S32.
How many years of IRS 990 filings does Coon Rapids Development Group have?
Coon Rapids Development Group has 8 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 $81K in total revenue.
Filing History
IRS 990 filing history for Coon Rapids Development Group showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Coon Rapids Development Group's revenue has grown by 1010.5%, moving from $13K to $145K. Total assets decreased by 6.7% over the same period, from $604K to $563K. Total functional expenses fell by 14.8%, from $45K to $38K. In its most recent filing year (2023), Coon Rapids Development Group reported a surplus of $107K, with revenue exceeding expenses. The organization holds $32K in liabilities against $563K in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $531K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $145K | $38K | $563K | $32K | — | — |
| 2022 | $79K | $13K | $527K | $103K | — | View 990 |
| 2021 | $68K | $36K | $514K | $155K | — | View 990 |
| 2020 | $133K | $74K | $561K | $234K | — | — |
| 2019 | $85K | $35K | $553K | $285K | — | — |
| 2018 | $121K | $44K | $577K | $359K | — | View 990 |
| 2017 | $70K | $64K | $545K | $405K | — | — |
| 2016 | $13K | $45K | $604K | $469K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $145K, expenses of $38K, and assets of $563K (revenue +84.8% year-over-year).
- 2022: Revenue of $79K, expenses of $13K, and assets of $527K (revenue +15.2% year-over-year).
- 2021: Revenue of $68K, expenses of $36K, and assets of $514K (revenue -48.6% year-over-year).
- 2020: Revenue of $133K, expenses of $74K, and assets of $561K (revenue +56.1% year-over-year).
- 2019: Revenue of $85K, expenses of $35K, and assets of $553K (revenue -29.7% year-over-year).
- 2018: Revenue of $121K, expenses of $44K, and assets of $577K (revenue +72.8% year-over-year).
- 2017: Revenue of $70K, expenses of $64K, and assets of $545K (revenue +434.5% year-over-year).
- 2016: Revenue of $13K, expenses of $45K, and assets of $604K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coon Rapids Development Group:
Data Sources and Methodology
This transparency report for Coon Rapids Development Group 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.