Coosa River Basin Initiative
EIN: 582031305 · Rome, GA · NTEE: C30Z
Is Coosa River Basin Initiative Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Coosa River Basin Initiative
Coosa River Basin Initiative (EIN: 582031305) is a nonprofit organization based in Rome, GA, classified under NTEE code C30Z. The organization reported total revenue of $500K and total assets of $348K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coosa River Basin Initiative's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coosa River Basin Initiative is a small nonprofit that has been operating for 33 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $928K |
| Total Expenses | $843K |
| Surplus / Deficit | +$85K |
| Total Assets | $303K |
| Total Liabilities | $6K |
| Net Assets | $297K |
| Operating Margin | 9.1% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Coosa River Basin Initiative reported a surplus of $85K with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Coosa River Basin Initiative's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +105.0% | +79.7% | +38.8% |
| 2022 | +104.3% | +184.4% | -5.5% |
| 2021 | +81.4% | +18.1% | +21.6% |
| 2020 | -6.4% | -7.3% | -5.2% |
| 2019 | -52.0% | -0.2% | -9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Coosa River Basin Initiative 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 Coosa River Basin Initiative 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 $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Coosa River Basin Initiative
Is Coosa River Basin Initiative a legitimate charity?
Based on AI analysis of IRS 990 filings, Coosa River Basin Initiative (EIN: 582031305) insufficient data. 0 red flags identified, 0 strengths noted.
How does Coosa River Basin Initiative spend its money?
Detailed spending breakdown data is not yet available for Coosa River Basin Initiative. Check back for updated IRS 990 analysis.
Are donations to Coosa River Basin Initiative tax-deductible?
Coosa River Basin Initiative is registered as a tax-exempt nonprofit (EIN: 582031305). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Coosa River Basin Initiative showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Coosa River Basin Initiative's revenue has grown by 385.3%, moving from $191K to $928K. Total assets increased by 283.1% over the same period, from $79K to $303K. Total functional expenses rose by 480.8%, from $145K to $843K. In its most recent filing year (2023), Coosa River Basin Initiative reported a surplus of $85K, with revenue exceeding expenses. The organization holds $6K in liabilities against $303K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $297K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $928K | $843K | $303K | $6K | — | — |
| 2022 | $453K | $469K | $218K | $6K | — | View 990 |
| 2021 | $222K | $165K | $231K | $3K | — | View 990 |
| 2020 | $122K | $140K | $190K | $18K | — | — |
| 2019 | $130K | $151K | $200K | $11K | — | View 990 |
| 2018 | $272K | $151K | $221K | $11K | — | View 990 |
| 2017 | $120K | $153K | $78K | $4K | — | View 990 |
| 2015 | $154K | $209K | $100K | $3K | — | View 990 |
| 2012 | $146K | $147K | $79K | $3K | — | View 990 |
| 2011 | $191K | $145K | $79K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $928K, expenses of $843K, and assets of $303K (revenue +105.0% year-over-year).
- 2022: Revenue of $453K, expenses of $469K, and assets of $218K (revenue +104.3% year-over-year).
- 2021: Revenue of $222K, expenses of $165K, and assets of $231K (revenue +81.4% year-over-year).
- 2020: Revenue of $122K, expenses of $140K, and assets of $190K (revenue -6.4% year-over-year).
- 2019: Revenue of $130K, expenses of $151K, and assets of $200K (revenue -52.0% year-over-year).
- 2018: Revenue of $272K, expenses of $151K, and assets of $221K (revenue +125.9% year-over-year).
- 2017: Revenue of $120K, expenses of $153K, and assets of $78K (revenue -22.0% year-over-year).
- 2015: Revenue of $154K, expenses of $209K, and assets of $100K (revenue +5.8% year-over-year).
- 2012: Revenue of $146K, expenses of $147K, and assets of $79K (revenue -23.9% year-over-year).
- 2011: Revenue of $191K, expenses of $145K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coosa River Basin Initiative:
Data Sources and Methodology
This transparency report for Coosa River Basin Initiative 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.