Corbin Senior Activity Center
EIN: 911001680 · Spokane, WA · NTEE: P810
| Metric | Value |
|---|---|
| Total Revenue | $651K |
| Total Expenses | $938K |
| Net Assets | $802K |
Is Corbin Senior Activity Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Corbin Senior Activity Center
Corbin Senior Activity Center (EIN: 911001680) is a nonprofit organization based in Spokane, WA, classified under NTEE code P810. The organization reported total revenue of $651K and total assets of $829K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Corbin Senior Activity Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Corbin Senior Activity Center is a small nonprofit that has been operating for 56 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $836K |
| Total Expenses | $938K |
| Surplus / Deficit | $-102,056 |
| Total Assets | $846K |
| Total Liabilities | $44K |
| Net Assets | $802K |
| Operating Margin | -12.2% |
| Debt-to-Asset Ratio | 5.2% |
| Months of Reserves | 10.8 months |
Financial Health Grade: B
In 2022, Corbin Senior Activity Center reported a deficit of $102K with expenses exceeding revenue, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 5.2% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Corbin Senior Activity Center's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +221.8% | +170.4% | -23.6% |
| 2021 | +28.7% | +52.4% | -3.0% |
| 2020 | -37.3% | -37.3% | -1.5% |
| 2019 | -12.0% | +1.7% | -1.5% |
| 2018 | -53.7% | -18.8% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Corbin Senior Activity Center 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 Corbin Senior Activity Center 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $102K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.2%.
Frequently Asked Questions about Corbin Senior Activity Center
Is Corbin Senior Activity Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Corbin Senior Activity Center (EIN: 911001680) insufficient data. 0 red flags identified, 0 strengths noted.
How does Corbin Senior Activity Center spend its money?
Detailed spending breakdown data is not yet available for Corbin Senior Activity Center. Check back for updated IRS 990 analysis.
Are donations to Corbin Senior Activity Center tax-deductible?
Corbin Senior Activity Center is registered as a tax-exempt nonprofit (EIN: 911001680). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Corbin Senior Activity Center located?
Corbin Senior Activity Center is headquartered in Spokane, Washington and files with the IRS under EIN 911001680. It is classified under NTEE code P810.
How many years of IRS 990 filings does Corbin Senior Activity Center have?
Corbin Senior Activity Center 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 $651K in total revenue.
Filing History
IRS 990 filing history for Corbin Senior Activity Center showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Corbin Senior Activity Center's revenue has grown by 111.2%, moving from $396K to $836K. Total assets increased by 13.8% over the same period, from $744K to $846K. Total functional expenses rose by 135.2%, from $399K to $938K. In its most recent filing year (2022), Corbin Senior Activity Center reported a deficit of $102K, with expenses exceeding revenue. The organization holds $44K in liabilities against $846K in assets (debt-to-asset ratio: 5.2%), resulting in net assets of $802K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $836K | $938K | $846K | $44K | — | View 990 |
| 2021 | $260K | $347K | $1.1M | $113K | — | View 990 |
| 2020 | $202K | $228K | $1.1M | $60K | — | View 990 |
| 2019 | $322K | $363K | $1.2M | $51K | — | View 990 |
| 2018 | $366K | $357K | $1.2M | $27K | — | View 990 |
| 2017 | $790K | $440K | $1.2M | $30K | — | — |
| 2016 | $481K | $451K | $890K | $101K | — | View 990 |
| 2015 | $423K | $380K | $862K | $104K | — | View 990 |
| 2014 | $543K | $543K | $864K | $148K | — | View 990 |
| 2013 | $393K | $396K | $810K | $94K | — | View 990 |
| 2012 | $433K | $402K | $750K | $31K | — | View 990 |
| 2011 | $396K | $399K | $744K | $56K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $836K, expenses of $938K, and assets of $846K (revenue +221.8% year-over-year).
- 2021: Revenue of $260K, expenses of $347K, and assets of $1.1M (revenue +28.7% year-over-year).
- 2020: Revenue of $202K, expenses of $228K, and assets of $1.1M (revenue -37.3% year-over-year).
- 2019: Revenue of $322K, expenses of $363K, and assets of $1.2M (revenue -12.0% year-over-year).
- 2018: Revenue of $366K, expenses of $357K, and assets of $1.2M (revenue -53.7% year-over-year).
- 2017: Revenue of $790K, expenses of $440K, and assets of $1.2M (revenue +64.2% year-over-year).
- 2016: Revenue of $481K, expenses of $451K, and assets of $890K (revenue +13.8% year-over-year).
- 2015: Revenue of $423K, expenses of $380K, and assets of $862K (revenue -22.1% year-over-year).
- 2014: Revenue of $543K, expenses of $543K, and assets of $864K (revenue +38.2% year-over-year).
- 2013: Revenue of $393K, expenses of $396K, and assets of $810K (revenue -9.3% year-over-year).
- 2012: Revenue of $433K, expenses of $402K, and assets of $750K (revenue +9.5% year-over-year).
- 2011: Revenue of $396K, expenses of $399K, and assets of $744K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Corbin Senior Activity Center:
Data Sources and Methodology
This transparency report for Corbin Senior Activity Center 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.