Coraopolis Community Development Corporation Inc
Coraopolis Community Development Corporation Inc shows strong asset growth and zero executive compensation, despite fluctuating revenues.
EIN: 205398661 · Coraopolis, PA · NTEE: P20 · Updated: 2026-03-28
Is Coraopolis Community Development Corporation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Coraopolis Community Development Corporation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Coraopolis Community Development Corporation Inc
Coraopolis Community Development Corporation Inc (EIN: 205398661) is a nonprofit organization based in Coraopolis, PA, classified under NTEE code P20. The organization reported total revenue of $1.1M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coraopolis Community Development Corporation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Coraopolis Community Development Corporation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Coraopolis Community Development Corporation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly commendable for an organization of its size with over $1 million in latest revenue.
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 Coraopolis Community Development Corporation Inc's IRS 990 filings:
- Significant year-over-year revenue fluctuations, indicating potential funding instability (e.g., $1.48M in 2022 to $0.51M in 2023).
- Expenses ($531,898) slightly exceeded revenue ($511,810) in the latest reporting period (202312).
Strengths
The following positive indicators were identified for Coraopolis Community Development Corporation Inc:
- Consistent 0% officer compensation across all filings, demonstrating excellent financial transparency and efficiency.
- Strong asset growth from $452,008 in 2016 to $3,340,179 currently, indicating financial stability and capacity.
- Positive net assets, with assets significantly exceeding liabilities in most periods (e.g., $2,677,944 assets vs. $714,343 liabilities in 2023).
Frequently Asked Questions about Coraopolis Community Development Corporation Inc
Is Coraopolis Community Development Corporation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Coraopolis Community Development Corporation Inc (EIN: 205398661) some concerns. Mission Score: 92/100. 2 red flags identified, 3 strengths noted.
How does Coraopolis Community Development Corporation Inc spend its money?
Coraopolis Community Development Corporation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Coraopolis Community Development Corporation Inc tax-deductible?
Coraopolis Community Development Corporation Inc is registered as a tax-exempt nonprofit (EIN: 205398661). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Coraopolis Community Development Corporation Inc a good charity?
Based on the provided data, Coraopolis Community Development Corporation Inc appears to be a good charity. They demonstrate strong financial health with significant asset growth, consistently report 0% officer compensation, and their spending efficiency is likely high given the lack of executive salaries.
How has the organization's revenue trended over time?
The organization's revenue has shown significant fluctuations, growing from $69,411 in 2018 to a peak of $1,486,838 in 2022, then decreasing to $511,810 in 2023. This indicates a variable funding environment.
What is the organization's approach to executive compensation?
Coraopolis Community Development Corporation Inc has consistently reported 0% officer compensation across all eight available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries.
Filing History
IRS 990 filing history for Coraopolis Community Development Corporation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Coraopolis Community Development Corporation Inc's revenue has grown by 56.2%, moving from $328K to $512K. Total assets increased by 492.5% over the same period, from $452K to $2.7M. Total functional expenses rose by 1522.5%, from $33K to $532K. In its most recent filing year (2023), Coraopolis Community Development Corporation Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $714K in liabilities against $2.7M in assets (debt-to-asset ratio: 26.7%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $512K | $532K | $2.7M | $714K | — | — |
| 2022 | $1.5M | $507K | $2.3M | $299K | — | View 990 |
| 2021 | $647K | $346K | $1.2M | $196K | — | View 990 |
| 2020 | $553K | $287K | $922K | $222K | — | — |
| 2019 | $138K | $107K | $585K | $150K | — | View 990 |
| 2018 | $69K | $69K | $554K | $150K | — | View 990 |
| 2017 | $101K | $72K | $576K | $174K | — | View 990 |
| 2016 | $328K | $33K | $452K | $79K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $512K, expenses of $532K, and assets of $2.7M (revenue -65.6% year-over-year).
- 2022: Revenue of $1.5M, expenses of $507K, and assets of $2.3M (revenue +129.9% year-over-year).
- 2021: Revenue of $647K, expenses of $346K, and assets of $1.2M (revenue +17.0% year-over-year).
- 2020: Revenue of $553K, expenses of $287K, and assets of $922K (revenue +301.7% year-over-year).
- 2019: Revenue of $138K, expenses of $107K, and assets of $585K (revenue +98.3% year-over-year).
- 2018: Revenue of $69K, expenses of $69K, and assets of $554K (revenue -31.6% year-over-year).
- 2017: Revenue of $101K, expenses of $72K, and assets of $576K (revenue -69.0% year-over-year).
- 2016: Revenue of $328K, expenses of $33K, and assets of $452K.
Data Sources and Methodology
This transparency report for Coraopolis Community Development Corporation 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.