Cornucopia Institute Incorporated
Cornucopia Institute faces recurring deficits and declining assets despite zero officer compensation.
EIN: 201075143 · Viroqua, WI · NTEE: K99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $703K |
| Total Expenses | $1.4M |
| Program Spending | 75% |
| Net Assets | $662K |
| Transparency Score | 70/100 |
Is Cornucopia Institute Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cornucopia Institute Incorporated directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cornucopia Institute Incorporated
Cornucopia Institute Incorporated (EIN: 201075143) is a nonprofit organization based in Viroqua, WI, classified under NTEE code K99. The organization reported total revenue of $703K and total assets of $335K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cornucopia Institute Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cornucopia Institute Incorporated is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $941K |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-434,551 |
| Total Assets | $753K |
| Total Liabilities | $91K |
| Net Assets | $662K |
| Operating Margin | -46.2% |
| Debt-to-Asset Ratio | 12.1% |
| Months of Reserves | 6.6 months |
Financial Health Grade: B
In 2023, Cornucopia Institute Incorporated reported a deficit of $435K with expenses exceeding revenue, holds 6.6 months of operating reserves (strong position), has a debt-to-asset ratio of 12.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cornucopia Institute Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.8% | +65.9% | -34.9% |
| 2022 | -33.0% | +8.2% | -11.8% |
| 2021 | +120.4% | -9.5% | +9.6% |
| 2020 | -24.4% | -2.9% | -19.9% |
| 2019 | -36.7% | +6.2% | -16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Institute Incorporated with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Cornucopia Institute Incorporated allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 deficit of $435K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.1%.
Executive Compensation Analysis
The Cornucopia Institute consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees. This is a strong positive for transparency and suggests resources are directed away from executive salaries.
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 Institute Incorporated's IRS 990 filings:
- Recurring operational deficits (e.g., 202312: $940,865 revenue vs. $1,375,416 expenses)
- Significant decline in total assets over recent years (from $1,783,727 in 201812 to $752,503 in 202312)
Strengths
The following positive indicators were identified for Cornucopia Institute Incorporated:
- Consistent reporting of 0% officer compensation, indicating strong transparency and mission focus
- History of substantial revenue generation, often exceeding $900,000 in earlier periods
Frequently Asked Questions about Cornucopia Institute Incorporated
Is Cornucopia Institute Incorporated a legitimate charity?
Cornucopia Institute Incorporated (EIN: 201075143) is a registered tax-exempt nonprofit based in Wisconsin. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $703K. 2 red flags identified. 2 strengths noted. Financial health grade: B.
How does Cornucopia Institute Incorporated spend its money?
Cornucopia Institute Incorporated directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Cornucopia Institute Incorporated tax-deductible?
Cornucopia Institute Incorporated is registered as a tax-exempt nonprofit (EIN: 201075143). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cornucopia Institute Incorporated's spending goes to programs?
Cornucopia Institute Incorporated directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cornucopia Institute Incorporated compare to similar nonprofits?
With a transparency score of 70/100 (Good), Cornucopia Institute Incorporated is above average for NTEE category K99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cornucopia Institute Incorporated located?
Cornucopia Institute Incorporated is headquartered in Viroqua, Wisconsin and files with the IRS under EIN 201075143. It is classified under NTEE code K99.
How many years of IRS 990 filings does Cornucopia Institute Incorporated have?
Cornucopia Institute Incorporated 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 $703K in total revenue.
Is Cornucopia Institute Incorporated financially sustainable?
The organization has experienced several years where expenses significantly exceeded revenue, notably in 202312 ($1,375,416 expenses vs. $940,865 revenue) and 202212 ($828,967 expenses vs. $663,347 revenue). This trend, coupled with declining assets from $1,783,727 in 201812 to $752,503 in 202312, raises concerns about its long-term financial sustainability if not addressed.
How has the organization's asset base changed over time?
The organization's assets have shown a significant decline in recent years, peaking at $1,783,727 in 201812 and decreasing to $752,503 by 202312. This reduction in assets could impact its operational capacity and financial resilience.
What is the trend in revenue versus expenses?
While there have been periods where revenue exceeded expenses (e.g., 202112 with $989,761 revenue vs. $765,875 expenses), the more recent trend shows expenses frequently surpassing revenue, as seen in 202312, 202212, and 202012. This indicates a pattern of operating at a deficit in several periods.
Filing History
IRS 990 filing history for Cornucopia Institute Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cornucopia Institute Incorporated's revenue has grown by 56%, moving from $603K to $941K. Total assets increased by 15.7% over the same period, from $650K to $753K. Total functional expenses rose by 224%, from $425K to $1.4M. In its most recent filing year (2023), Cornucopia Institute Incorporated reported a deficit of $435K, with expenses exceeding revenue. The organization holds $91K in liabilities against $753K in assets (debt-to-asset ratio: 12.1%), resulting in net assets of $662K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $941K | $1.4M | $753K | $91K | — | — |
| 2022 | $663K | $829K | $1.2M | $60K | — | View 990 |
| 2021 | $990K | $766K | $1.3M | $47K | — | View 990 |
| 2020 | $449K | $847K | $1.2M | $156K | — | View 990 |
| 2019 | $594K | $872K | $1.5M | $57K | — | View 990 |
| 2018 | $938K | $821K | $1.8M | $72K | — | View 990 |
| 2017 | $1.0M | $938K | $1.7M | $85K | — | View 990 |
| 2016 | $1.0M | $887K | $1.6M | $103K | — | View 990 |
| 2015 | $942K | $830K | $1.5M | $73K | — | View 990 |
| 2014 | $995K | $732K | $1.3M | $63K | — | View 990 |
| 2013 | $882K | $631K | $1.1M | $58K | — | View 990 |
| 2012 | $669K | $519K | $812K | $51K | — | View 990 |
| 2011 | $603K | $425K | $650K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $941K, expenses of $1.4M, and assets of $753K (revenue +41.8% year-over-year).
- 2022: Revenue of $663K, expenses of $829K, and assets of $1.2M (revenue -33.0% year-over-year).
- 2021: Revenue of $990K, expenses of $766K, and assets of $1.3M (revenue +120.4% year-over-year).
- 2020: Revenue of $449K, expenses of $847K, and assets of $1.2M (revenue -24.4% year-over-year).
- 2019: Revenue of $594K, expenses of $872K, and assets of $1.5M (revenue -36.7% year-over-year).
- 2018: Revenue of $938K, expenses of $821K, and assets of $1.8M (revenue -9.1% year-over-year).
- 2017: Revenue of $1.0M, expenses of $938K, and assets of $1.7M (revenue -1.2% year-over-year).
- 2016: Revenue of $1.0M, expenses of $887K, and assets of $1.6M (revenue +11.0% year-over-year).
- 2015: Revenue of $942K, expenses of $830K, and assets of $1.5M (revenue -5.4% year-over-year).
- 2014: Revenue of $995K, expenses of $732K, and assets of $1.3M (revenue +12.8% year-over-year).
- 2013: Revenue of $882K, expenses of $631K, and assets of $1.1M (revenue +31.9% year-over-year).
- 2012: Revenue of $669K, expenses of $519K, and assets of $812K (revenue +10.9% year-over-year).
- 2011: Revenue of $603K, expenses of $425K, and assets of $650K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cornucopia Institute Incorporated:
Data Sources and Methodology
This transparency report for Cornucopia Institute Incorporated 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.