Correctional Officers Association Of Delaware
Correctional Officers Association Of Delaware maintains strong financial health with growing assets and no liabilities.
EIN: 10770318 · Dover, DE · NTEE: J40 · Updated: 2026-03-28
Is Correctional Officers Association Of Delaware Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Correctional Officers Association Of Delaware directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Correctional Officers Association Of Delaware
Correctional Officers Association Of Delaware (EIN: 10770318) is a nonprofit organization based in Dover, DE, classified under NTEE code J40. The organization reported total revenue of $628K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Correctional Officers Association Of Delaware's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Correctional Officers Association Of Delaware 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 -0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $448K |
| Total Expenses | $414K |
| Surplus / Deficit | +$34K |
| Total Assets | $1.1M |
| Net Assets | $1.1M |
| Operating Margin | 7.6% |
| Months of Reserves | 31.1 months |
Financial Health Grade: A
In 2023, Correctional Officers Association Of Delaware reported a surplus of $34K with revenue exceeding expenses, holds 31.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Correctional Officers Association Of Delaware's revenue has declined at a compound annual growth rate (CAGR) of -0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.0% | +15.9% | +2.9% |
| 2022 | +5.7% | +7.0% | +13.8% |
| 2021 | -1.0% | -3.1% | +7.4% |
| 2020 | +1.0% | -12.9% | +3.5% |
| 2019 | +11.7% | +2.0% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| 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 Correctional Officers Association Of Delaware with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Correctional Officers Association Of Delaware allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $34K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for resource allocation.
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.
Strengths
The following positive indicators were identified for Correctional Officers Association Of Delaware:
- Consistent positive net income, with revenue exceeding expenses in most periods (e.g., $447,946 revenue vs. $414,052 expenses in 202305).
- Strong and growing asset base, reaching over $1 million in recent filings.
- Zero reported liabilities in recent years (e.g., $0 liabilities in 202305, 202205, 202105).
- No reported officer compensation, indicating efficient use of funds and potentially volunteer leadership.
- Long history of consistent IRS 990 filings, demonstrating transparency and compliance.
Frequently Asked Questions about Correctional Officers Association Of Delaware
Is Correctional Officers Association Of Delaware a legitimate charity?
Based on AI analysis of IRS 990 filings, Correctional Officers Association Of Delaware (EIN: 10770318) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Correctional Officers Association Of Delaware spend its money?
Correctional Officers Association Of Delaware directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Correctional Officers Association Of Delaware tax-deductible?
Correctional Officers Association Of Delaware is registered as a tax-exempt nonprofit (EIN: 10770318). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Correctional Officers Association Of Delaware financially stable?
Yes, the organization is financially stable, consistently reporting more revenue than expenses and accumulating significant assets, reaching over $1 million in the 202305 period with no liabilities.
How does the organization manage executive compensation?
The organization reports 0% officer compensation across all filings, suggesting a volunteer-led structure or very low executive pay, which is a positive indicator for efficient use of funds.
Has the organization's asset base grown over time?
Yes, the organization's assets have shown consistent growth, increasing from $823,257 in 201905 to $1,071,983 in 202305.
Filing History
IRS 990 filing history for Correctional Officers Association Of Delaware showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Correctional Officers Association Of Delaware's revenue has declined by 5.4%, moving from $474K to $448K. Total assets increased by 34.2% over the same period, from $799K to $1.1M. Total functional expenses fell by 2%, from $423K to $414K. In its most recent filing year (2023), Correctional Officers Association Of Delaware reported a surplus of $34K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $448K | $414K | $1.1M | $0 | — | View 990 |
| 2022 | $487K | $357K | $1.0M | $0 | — | View 990 |
| 2021 | $461K | $334K | $915K | $0 | — | View 990 |
| 2020 | $465K | $345K | $852K | $62K | — | View 990 |
| 2019 | $460K | $396K | $823K | $150K | — | View 990 |
| 2018 | $412K | $388K | $839K | $227K | — | View 990 |
| 2017 | $440K | $440K | $857K | $266K | — | View 990 |
| 2016 | $451K | $358K | $994K | $399K | — | View 990 |
| 2015 | $413K | $367K | $998K | $525K | — | View 990 |
| 2014 | $437K | $323K | $977K | $547K | — | View 990 |
| 2013 | $430K | $370K | $885K | $566K | — | View 990 |
| 2012 | $368K | $273K | $872K | $609K | — | View 990 |
| 2011 | $474K | $423K | $799K | $628K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $448K, expenses of $414K, and assets of $1.1M (revenue -8.0% year-over-year).
- 2022: Revenue of $487K, expenses of $357K, and assets of $1.0M (revenue +5.7% year-over-year).
- 2021: Revenue of $461K, expenses of $334K, and assets of $915K (revenue -1.0% year-over-year).
- 2020: Revenue of $465K, expenses of $345K, and assets of $852K (revenue +1.0% year-over-year).
- 2019: Revenue of $460K, expenses of $396K, and assets of $823K (revenue +11.7% year-over-year).
- 2018: Revenue of $412K, expenses of $388K, and assets of $839K (revenue -6.3% year-over-year).
- 2017: Revenue of $440K, expenses of $440K, and assets of $857K (revenue -2.6% year-over-year).
- 2016: Revenue of $451K, expenses of $358K, and assets of $994K (revenue +9.3% year-over-year).
- 2015: Revenue of $413K, expenses of $367K, and assets of $998K (revenue -5.5% year-over-year).
- 2014: Revenue of $437K, expenses of $323K, and assets of $977K (revenue +1.7% year-over-year).
- 2013: Revenue of $430K, expenses of $370K, and assets of $885K (revenue +16.7% year-over-year).
- 2012: Revenue of $368K, expenses of $273K, and assets of $872K (revenue -22.3% year-over-year).
- 2011: Revenue of $474K, expenses of $423K, and assets of $799K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Correctional Officers Association Of Delaware:
Data Sources and Methodology
This transparency report for Correctional Officers Association Of Delaware 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.