Cosmopolitan Club Of Little Rock Inc
Cosmopolitan Club of Little Rock consistently spends more than it earns, drawing down assets, but maintains zero liabilities and no officer compensation.
EIN: 201454935 · Little Rock, AR · NTEE: F22 · Updated: 2026-03-28
Is Cosmopolitan Club Of Little Rock Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cosmopolitan Club Of Little Rock Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cosmopolitan Club Of Little Rock Inc
Cosmopolitan Club Of Little Rock Inc (EIN: 201454935) is a nonprofit organization based in Little Rock, AR, classified under NTEE code F22. The organization reported total revenue of $23K and total assets of $793K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cosmopolitan Club Of Little Rock Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cosmopolitan Club Of Little Rock Inc is a micro 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 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $55K |
| Surplus / Deficit | $-29,248 |
| Total Assets | $804K |
| Net Assets | $804K |
| Operating Margin | -114.0% |
| Months of Reserves | 175.8 months |
Financial Health Grade: B
In 2023, Cosmopolitan Club Of Little Rock Inc reported a deficit of $29K with expenses exceeding revenue, holds 175.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Cosmopolitan Club Of Little Rock Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.5% | +66.4% | -3.5% |
| 2022 | -16.4% | -7.8% | -1.3% |
| 2021 | -29.1% | -11.8% | -1.1% |
| 2020 | -94.2% | +44.7% | -0.4% |
| 2019 | +3360.4% | +82.6% | +248.6% |
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 Cosmopolitan Club Of Little Rock Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Cosmopolitan Club Of Little Rock Inc 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 deficit of $29K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely volunteer-run and directs all available funds to its mission and operational costs, which is excellent for a nonprofit of its size.
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 Cosmopolitan Club Of Little Rock Inc's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $54,908 vs. revenue $25,660)
- Declining asset base from $854,221 in 2020 to $804,214 in 2023 due to deficit spending
Strengths
The following positive indicators were identified for Cosmopolitan Club Of Little Rock Inc:
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
- Consistently reports zero liabilities, demonstrating strong financial management and no debt burden.
- Substantial asset base ($804,214 in 2023) provides financial stability despite recent deficit spending.
- High program spending ratio due to minimal administrative and fundraising costs.
Frequently Asked Questions about Cosmopolitan Club Of Little Rock Inc
Is Cosmopolitan Club Of Little Rock Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cosmopolitan Club Of Little Rock Inc (EIN: 201454935) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Cosmopolitan Club Of Little Rock Inc spend its money?
Cosmopolitan Club Of Little Rock Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cosmopolitan Club Of Little Rock Inc tax-deductible?
Cosmopolitan Club Of Little Rock Inc is registered as a tax-exempt nonprofit (EIN: 201454935). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cosmopolitan Club Of Little Rock Inc a good charity?
Based on the available data, the organization demonstrates strong financial health in terms of low overhead (no officer compensation, zero liabilities) and a clear program focus. However, the recent trend of expenses exceeding revenue needs to be considered for long-term sustainability.
Why did the organization's revenue spike in 2019?
The revenue spike to $639,836 in 2019 from $18,490 in 2018 is a significant outlier. This could be due to a large one-time donation, a major fundraising event, or an asset sale. Without further detail from the 990, the exact cause is unclear, but it significantly increased the organization's assets.
Is the organization financially sustainable given its recent spending trends?
While the organization has consistently spent more than it earned in the last four years (e.g., $54,908 expenses vs. $25,660 revenue in 2023), it possesses substantial assets ($804,214 in 2023). This asset base provides a buffer, but the trend of drawing down assets is not sustainable indefinitely and warrants attention.
Filing History
IRS 990 filing history for Cosmopolitan Club Of Little Rock Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cosmopolitan Club Of Little Rock Inc's revenue has grown by 19.4%, moving from $21K to $26K. Total assets increased by 217.2% over the same period, from $254K to $804K. Total functional expenses rose by 144.4%, from $22K to $55K. In its most recent filing year (2023), Cosmopolitan Club Of Little Rock Inc reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $55K | $804K | $0 | — | — |
| 2022 | $22K | $33K | $833K | $0 | — | View 990 |
| 2021 | $26K | $36K | $845K | $0 | — | View 990 |
| 2020 | $37K | $41K | $854K | $0 | — | — |
| 2019 | $640K | $28K | $858K | $0 | — | View 990 |
| 2018 | $18K | $15K | $246K | $0 | — | View 990 |
| 2017 | $19K | $10K | $243K | $0 | — | View 990 |
| 2016 | $84K | $14K | $234K | $0 | — | View 990 |
| 2015 | $75K | $30K | $281K | $117K | — | View 990 |
| 2014 | $23K | $20K | $246K | $127K | — | View 990 |
| 2013 | $23K | $22K | $252K | $136K | — | View 990 |
| 2012 | $33K | $21K | $259K | $143K | — | View 990 |
| 2011 | $21K | $22K | $254K | $150K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $55K, and assets of $804K (revenue +17.5% year-over-year).
- 2022: Revenue of $22K, expenses of $33K, and assets of $833K (revenue -16.4% year-over-year).
- 2021: Revenue of $26K, expenses of $36K, and assets of $845K (revenue -29.1% year-over-year).
- 2020: Revenue of $37K, expenses of $41K, and assets of $854K (revenue -94.2% year-over-year).
- 2019: Revenue of $640K, expenses of $28K, and assets of $858K (revenue +3360.4% year-over-year).
- 2018: Revenue of $18K, expenses of $15K, and assets of $246K (revenue -0.2% year-over-year).
- 2017: Revenue of $19K, expenses of $10K, and assets of $243K (revenue -78.1% year-over-year).
- 2016: Revenue of $84K, expenses of $14K, and assets of $234K (revenue +12.9% year-over-year).
- 2015: Revenue of $75K, expenses of $30K, and assets of $281K (revenue +218.7% year-over-year).
- 2014: Revenue of $23K, expenses of $20K, and assets of $246K (revenue +1.9% year-over-year).
- 2013: Revenue of $23K, expenses of $22K, and assets of $252K (revenue -29.3% year-over-year).
- 2012: Revenue of $33K, expenses of $21K, and assets of $259K (revenue +51.6% year-over-year).
- 2011: Revenue of $21K, expenses of $22K, and assets of $254K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cosmopolitan Club Of Little Rock Inc:
Data Sources and Methodology
This transparency report for Cosmopolitan Club Of Little Rock Inc 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.