Coopersville Farm Museum Inc
Coopersville Farm Museum Inc maintains stable finances with no executive compensation and growing assets.
EIN: 202297381 · Coopersville, MI · NTEE: A54 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $227K |
| Total Expenses | $112K |
| Program Spending | 90% |
| Net Assets | $938K |
| Transparency Score | 92/100 |
Is Coopersville Farm Museum Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Coopersville Farm Museum Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Coopersville Farm Museum Inc
Coopersville Farm Museum Inc (EIN: 202297381) is a nonprofit organization based in Coopersville, MI, classified under NTEE code A54. The organization reported total revenue of $227K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coopersville Farm Museum Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coopersville Farm Museum Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $131K |
| Total Expenses | $112K |
| Surplus / Deficit | +$19K |
| Total Assets | $937K |
| Net Assets | $938K |
| Operating Margin | 14.4% |
| Months of Reserves | 100.0 months |
Financial Health Grade: A
In 2023, Coopersville Farm Museum Inc reported a surplus of $19K with revenue exceeding expenses, holds 100.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Coopersville Farm Museum Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.4% | -14.7% | +1.8% |
| 2022 | -12.1% | +32.0% | -2.4% |
| 2021 | +30.9% | +8.7% | +0.1% |
| 2020 | -37.1% | -16.3% | +1.4% |
| 2019 | +24.1% | +4.6% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Coopersville Farm Museum Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Coopersville Farm Museum Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization or unpaid leadership, which is highly efficient for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Coopersville Farm Museum Inc's IRS 990 filings:
- Brief deficit in 2022, though quickly recovered
Strengths
The following positive indicators were identified for Coopersville Farm Museum Inc:
- Consistent 0% officer compensation, indicating high efficiency
- Steady growth in assets over the past decade, reaching $937,035 in 2023
- Generally operates with a financial surplus, demonstrating sustainability
- Low liabilities, indicating sound financial management and minimal debt
- Strong transparency with a consistent 13-period filing history
Frequently Asked Questions about Coopersville Farm Museum Inc
Is Coopersville Farm Museum Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Coopersville Farm Museum Inc (EIN: 202297381) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Coopersville Farm Museum Inc spend its money?
Coopersville Farm Museum Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Coopersville Farm Museum Inc tax-deductible?
Coopersville Farm Museum Inc is registered as a tax-exempt nonprofit (EIN: 202297381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Coopersville Farm Museum Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Coopersville Farm Museum Inc is above average for NTEE category A54 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Coopersville Farm Museum Inc located?
Coopersville Farm Museum Inc is headquartered in Coopersville, Michigan and files with the IRS under EIN 202297381. It is classified under NTEE code A54.
How many years of IRS 990 filings does Coopersville Farm Museum Inc have?
Coopersville Farm Museum Inc 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 $227K in total revenue.
Is Coopersville Farm Museum Inc a good charity?
Based on the provided data, Coopersville Farm Museum Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to efficiency with 0% officer compensation.
How does the museum manage to operate without officer compensation?
The consistent reporting of 0% officer compensation suggests that the museum is either entirely volunteer-run at the leadership level or that its officers are not compensated for their roles, relying on dedicated volunteers or pro bono service.
What is the trend in the museum's assets?
The museum's assets have shown a consistent upward trend, growing from $884,604 in 2016 to $937,035 in 2023, indicating sound financial management and accumulation of resources.
Did the museum experience financial difficulties in 2022?
Yes, in 2022, the museum experienced a deficit with expenses ($131,840) exceeding revenue ($103,166). However, it recovered in 2023 with a surplus.
Filing History
IRS 990 filing history for Coopersville Farm Museum Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Coopersville Farm Museum Inc's revenue has grown by 21.5%, moving from $108K to $131K. Total assets increased by 3.4% over the same period, from $906K to $937K. Total functional expenses rose by 21.4%, from $93K to $112K. In its most recent filing year (2023), Coopersville Farm Museum Inc reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $131K | $112K | $937K | $-635 | — | — |
| 2022 | $103K | $132K | $920K | $2K | — | — |
| 2021 | $117K | $100K | $943K | $13 | — | View 990 |
| 2020 | $90K | $92K | $942K | $17K | — | View 990 |
| 2019 | $142K | $110K | $929K | $1K | — | View 990 |
| 2018 | $115K | $105K | $904K | $9K | — | View 990 |
| 2017 | $115K | $103K | $895K | $9K | — | View 990 |
| 2016 | $103K | $109K | $885K | $11K | — | — |
| 2015 | $108K | $106K | $896K | $16K | — | View 990 |
| 2014 | $102K | $108K | $895K | $18K | — | View 990 |
| 2013 | $104K | $131K | $886K | $3K | — | View 990 |
| 2012 | $99K | $93K | $913K | $3K | — | View 990 |
| 2011 | $108K | $93K | $906K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $131K, expenses of $112K, and assets of $937K (revenue +27.4% year-over-year).
- 2022: Revenue of $103K, expenses of $132K, and assets of $920K (revenue -12.1% year-over-year).
- 2021: Revenue of $117K, expenses of $100K, and assets of $943K (revenue +30.9% year-over-year).
- 2020: Revenue of $90K, expenses of $92K, and assets of $942K (revenue -37.1% year-over-year).
- 2019: Revenue of $142K, expenses of $110K, and assets of $929K (revenue +24.1% year-over-year).
- 2018: Revenue of $115K, expenses of $105K, and assets of $904K (revenue +0.2% year-over-year).
- 2017: Revenue of $115K, expenses of $103K, and assets of $895K (revenue +11.1% year-over-year).
- 2016: Revenue of $103K, expenses of $109K, and assets of $885K (revenue -4.8% year-over-year).
- 2015: Revenue of $108K, expenses of $106K, and assets of $896K (revenue +6.2% year-over-year).
- 2014: Revenue of $102K, expenses of $108K, and assets of $895K (revenue -1.7% year-over-year).
- 2013: Revenue of $104K, expenses of $131K, and assets of $886K (revenue +4.8% year-over-year).
- 2012: Revenue of $99K, expenses of $93K, and assets of $913K (revenue -8.4% year-over-year).
- 2011: Revenue of $108K, expenses of $93K, and assets of $906K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coopersville Farm Museum Inc:
Data Sources and Methodology
This transparency report for Coopersville Farm Museum 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.