Coromoto 2020
EIN: 863558682 · Excelsior, MN · NTEE: T11
| Metric | Value |
|---|---|
| Total Revenue | $148K |
| Total Expenses | $156K |
| Net Assets | $126K |
Search Intent Cockpit
Coromoto 2020 Form 990, Revenue, CEO Pay, and IRS Filing Signals
Coromoto 2020 is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Coromoto 2020 in one place.
Form 990 Filing Summary
3 filing years are available, with latest revenue of $243K and expenses of $156K.
Revenue and Expenses
Coromoto 2020 reported $243K in revenue and $156K in expenses, a surplus of $88K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
Mission score and red-flag review are shown when AI enrichment is available.
Is Coromoto 2020 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
Functional expense detail is not available on the stored filing yet. Existing program percentage and future extracted expense fields will populate this panel.
Across stored filings, Coromoto 2020 shows contribution history pending. Next enrichment targets: revenue-source fields, functional expense detail, IRS BMF classification, AI synthesis.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Insufficient Data | Good filing record; no red flags identified |
| Mission spend | Pending | Unknown |
| Financial durability | Grade A | 3 stored filing years |
| Peer context | Compare with North American Lake Management Society | Minnesota and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with North American Lake Management Society →All Minnesota nonprofits
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Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Excelsior, MN nonprofitsPhilanthropy in Minnesota
Public Benefit in Minnesota
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Philanthropy spending
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Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Insufficient Data. Check deductibility, filings, and red flags.
2Understand money
Use filing data to inspect spending as enrichment grows.
3Compare
Benchmark against North American Lake Management Society.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
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Keep the Investigation Moving
About Coromoto 2020
Coromoto 2020 (EIN: 863558682) is a nonprofit organization based in Excelsior, MN, classified under NTEE code T11. The organization reported total revenue of $148K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coromoto 2020's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coromoto 2020 is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 46.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $243K |
| Total Expenses | $156K |
| Surplus / Deficit | +$88K |
| Total Assets | $126K |
| Net Assets | $126K |
| Operating Margin | 36.0% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Coromoto 2020 reported a surplus of $88K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Coromoto 2020's revenue has grown at a compound annual growth rate (CAGR) of 46.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.4% | -16.5% | +228.2% |
| 2022 | +70.7% | +124.9% | +24.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Coromoto 2020 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 Coromoto 2020 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 $88K, with revenue exceeding expenses.
Frequently Asked Questions about Coromoto 2020
Is Coromoto 2020 a legitimate charity?
Coromoto 2020 (EIN: 863558682) is a registered tax-exempt nonprofit based in Minnesota. It has 3 years of IRS 990 filings on record. Total revenue: $148K. No red flags identified. Financial health grade: A.
How does Coromoto 2020 spend its money?
Coromoto 2020 reported $148K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Coromoto 2020 tax-deductible?
Coromoto 2020 is registered as a tax-exempt nonprofit (EIN: 863558682). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Coromoto 2020 located?
Coromoto 2020 is headquartered in Excelsior, Minnesota and files with the IRS under EIN 863558682. It is classified under NTEE code T11.
How many years of IRS 990 filings does Coromoto 2020 have?
Coromoto 2020 has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $148K in total revenue.
Filing History
IRS 990 filing history for Coromoto 2020 showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Coromoto 2020's revenue has grown by 114%, moving from $114K to $243K. Total assets increased by 309.3% over the same period, from $31K to $126K. Total functional expenses rose by 87.8%, from $83K to $156K. In its most recent filing year (2023), Coromoto 2020 reported a surplus of $88K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $243K | $156K | $126K | $0 | — | — |
| 2022 | $194K | $186K | $38K | $0 | — | View 990 |
| 2021 | $114K | $83K | $31K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $243K, expenses of $156K, and assets of $126K (revenue +25.4% year-over-year).
- 2022: Revenue of $194K, expenses of $186K, and assets of $38K (revenue +70.7% year-over-year).
- 2021: Revenue of $114K, expenses of $83K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coromoto 2020:
Data Sources and Methodology
This transparency report for Coromoto 2020 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.