Corpwell Foundation Co
EIN: 821005159 · Cuttingsville, VT · NTEE: P20
| Metric | Value |
|---|---|
| Total Expenses | $1K |
| Net Assets | $115K |
Is Corpwell Foundation Co Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Corpwell Foundation Co
Corpwell Foundation Co (EIN: 821005159) is a nonprofit organization based in Cuttingsville, VT, classified under NTEE code P20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Corpwell Foundation Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Corpwell Foundation Co is a small nonprofit that has been operating for 9 years, with 7 years of IRS 990 filings on record (2017–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $1K |
| Surplus / Deficit | +$108K |
| Total Assets | $115K |
| Net Assets | $115K |
| Operating Margin | 98.7% |
| Months of Reserves | 954.1 months |
Financial Health Grade: A
In 2023, Corpwell Foundation Co reported a surplus of $108K with revenue exceeding expenses, holds 954.1 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +473.2% | -96.1% | +1476.2% |
| 2022 | -55.3% | -22.1% | +174.0% |
| 2021 | +8.6% | -9.0% | -63.8% |
| 2020 | +33.8% | +253.7% | -63.4% |
| 2019 | -6.1% | -42.7% | +264.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Corpwell Foundation Co 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 Corpwell Foundation Co 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 $108K, with revenue exceeding expenses.
Frequently Asked Questions about Corpwell Foundation Co
Is Corpwell Foundation Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Corpwell Foundation Co (EIN: 821005159) insufficient data. 0 red flags identified, 0 strengths noted.
How does Corpwell Foundation Co spend its money?
Detailed spending breakdown data is not yet available for Corpwell Foundation Co. Check back for updated IRS 990 analysis.
Are donations to Corpwell Foundation Co tax-deductible?
Corpwell Foundation Co is registered as a tax-exempt nonprofit (EIN: 821005159). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Corpwell Foundation Co located?
Corpwell Foundation Co is headquartered in Cuttingsville, Vermont and files with the IRS under EIN 821005159. It is classified under NTEE code P20.
How many years of IRS 990 filings does Corpwell Foundation Co have?
Corpwell Foundation Co has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Corpwell Foundation Co showing financial trends over 7 years of public records:
Total assets increased by 11488700% over the same period, from $1 to $115K. In its most recent filing year (2023), Corpwell Foundation Co reported a surplus of $108K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $109K | $1K | $115K | $0 | — | — |
| 2022 | $19K | $37K | $7K | $0 | — | — |
| 2021 | $43K | $47K | $3K | $0 | — | — |
| 2020 | $39K | $52K | $7K | $0 | — | — |
| 2019 | $29K | $15K | $20K | $0 | — | View 990 |
| 2018 | $31K | $26K | $6K | $0 | — | View 990 |
| 2017 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $109K, expenses of $1K, and assets of $115K (revenue +473.2% year-over-year).
- 2022: Revenue of $19K, expenses of $37K, and assets of $7K (revenue -55.3% year-over-year).
- 2021: Revenue of $43K, expenses of $47K, and assets of $3K (revenue +8.6% year-over-year).
- 2020: Revenue of $39K, expenses of $52K, and assets of $7K (revenue +33.8% year-over-year).
- 2019: Revenue of $29K, expenses of $15K, and assets of $20K (revenue -6.1% year-over-year).
- 2018: Revenue of $31K, expenses of $26K, and assets of $6K.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Corpwell Foundation Co:
Data Sources and Methodology
This transparency report for Corpwell Foundation Co 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.