Cornucopia Family Foundation
Cornucopia Family Foundation shows consistent revenue growth and strong asset accumulation with zero reported officer compensation.
EIN: 208080952 · Grand Rapids, MI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $774K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $4.2M |
| Transparency Score | 95/100 |
Is Cornucopia Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cornucopia Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cornucopia Family Foundation
Cornucopia Family Foundation (EIN: 208080952) is a nonprofit organization based in Grand Rapids, MI, classified under NTEE code T22. The organization reported total revenue of $1.1M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornucopia Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cornucopia Family Foundation is a mid-size nonprofit that has been operating for 19 years, with 8 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $774K |
| Surplus / Deficit | +$722K |
| Total Assets | $4.2M |
| Total Liabilities | $1 |
| Net Assets | $4.2M |
| Operating Margin | 48.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 64.5 months |
Financial Health Grade: A
In 2023, Cornucopia Family Foundation reported a surplus of $722K with revenue exceeding expenses, holds 64.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2023), Cornucopia Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 17.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.7% | -13.5% | +21.0% |
| 2022 | +265.4% | +29.8% | +13.5% |
| 2021 | -8.6% | +17.9% | -7.7% |
| 2020 | -2.4% | +6.6% | +5.3% |
| 2019 | +156.9% | -0.4% | +27.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Cornucopia Family Foundation with a Mission Score of 95 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, Cornucopia Family Foundation 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 $722K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that no salaries are paid to officers. This is highly unusual for an organization with over $1 million in annual revenue and suggests a volunteer-led executive structure or that compensation is covered by an external entity, which significantly reduces administrative overhead.
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 Cornucopia Family Foundation's IRS 990 filings:
- Lack of detailed public breakdown of program vs. administrative vs. fundraising expenses beyond officer compensation.
Strengths
The following positive indicators were identified for Cornucopia Family Foundation:
- Consistent revenue growth, reaching $1,495,207 in 2023.
- Strong asset accumulation, growing to $4,158,578 in 2023.
- Zero reported officer compensation across all filing periods, indicating high efficiency.
- Minimal liabilities, consistently reported as $1 in recent years, demonstrating strong financial stability.
- Positive net income in most recent periods, contributing to asset growth.
Frequently Asked Questions about Cornucopia Family Foundation
Is Cornucopia Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cornucopia Family Foundation (EIN: 208080952) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Cornucopia Family Foundation spend its money?
Cornucopia Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cornucopia Family Foundation tax-deductible?
Cornucopia Family Foundation is registered as a tax-exempt nonprofit (EIN: 208080952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Cornucopia Family Foundation CEO make?
Cornucopia Family Foundation's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Cornucopia Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Cornucopia Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cornucopia Family Foundation located?
Cornucopia Family Foundation is headquartered in Grand Rapids, Michigan and files with the IRS under EIN 208080952. It is classified under NTEE code T22.
How many years of IRS 990 filings does Cornucopia Family Foundation have?
Cornucopia Family Foundation 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 $1.1M in total revenue.
Is Cornucopia Family Foundation a good charity?
Based on the provided financial data, Cornucopia Family Foundation appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, significant asset accumulation, and notably, reports 0% officer compensation across all filings, suggesting a high dedication of resources to its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved and stabilized over time. Revenue has shown substantial growth, particularly in recent years (e.g., $387,298 in 2021 to $1,495,207 in 2023), and assets have more than doubled from $1,574,466 in 2011 to $4,158,578 in 2023, while liabilities remain minimal.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings. This indicates that no salaries or other compensation are paid to its officers, which is a highly efficient use of donor funds and suggests a volunteer or externally supported executive leadership.
Filing History
IRS 990 filing history for Cornucopia Family Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2023), Cornucopia Family Foundation's revenue has grown by 568.2%, moving from $224K to $1.5M. Total assets increased by 164.1% over the same period, from $1.6M to $4.2M. Total functional expenses rose by 714%, from $95K to $774K. In its most recent filing year (2023), Cornucopia Family Foundation reported a surplus of $722K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $774K | $4.2M | $1 | — | — |
| 2022 | $1.4M | $894K | $3.4M | $1 | — | — |
| 2021 | $387K | $689K | $3.0M | $1 | — | View 990 |
| 2020 | $424K | $584K | $3.3M | $1 | — | View 990 |
| 2019 | $434K | $548K | $3.1M | $0 | — | View 990 |
| 2013 | $169K | $550K | $2.4M | $0 | — | View 990 |
| 2012 | $1.5M | $180K | $2.8M | $0 | — | View 990 |
| 2011 | $224K | $95K | $1.6M | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $774K, and assets of $4.2M (revenue +5.7% year-over-year).
- 2022: Revenue of $1.4M, expenses of $894K, and assets of $3.4M (revenue +265.4% year-over-year).
- 2021: Revenue of $387K, expenses of $689K, and assets of $3.0M (revenue -8.6% year-over-year).
- 2020: Revenue of $424K, expenses of $584K, and assets of $3.3M (revenue -2.4% year-over-year).
- 2019: Revenue of $434K, expenses of $548K, and assets of $3.1M (revenue +156.9% year-over-year).
- 2013: Revenue of $169K, expenses of $550K, and assets of $2.4M (revenue -89.0% year-over-year).
- 2012: Revenue of $1.5M, expenses of $180K, and assets of $2.8M (revenue +587.0% year-over-year).
- 2011: Revenue of $224K, expenses of $95K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cornucopia Family Foundation:
Data Sources and Methodology
This transparency report for Cornucopia Family Foundation 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.