Cossack Foundation
Cossack Foundation shows asset growth but inconsistent revenue-to-expense ratios.
EIN: 203635940 · Hugo, MN · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $422K |
| Total Expenses | $432K |
| Program Spending | 80% |
| Net Assets | $952K |
| Transparency Score | 75/100 |
Is Cossack Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cossack Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cossack Foundation
Cossack Foundation (EIN: 203635940) is a nonprofit organization based in Hugo, MN, classified under NTEE code B90. The organization reported total revenue of $422K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cossack Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cossack Foundation is a small nonprofit that has been operating for 1 years, with 8 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 19.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $401K |
| Total Expenses | $432K |
| Surplus / Deficit | $-30,678 |
| Total Assets | $952K |
| Total Liabilities | $1 |
| Net Assets | $952K |
| Operating Margin | -7.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 26.5 months |
Financial Health Grade: B
In 2022, Cossack Foundation reported a deficit of $31K with expenses exceeding revenue, holds 26.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2022), Cossack Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +40.1% | +691.9% | -5.1% |
| 2021 | -23.3% | -52.4% | +33.6% |
| 2019 | +4.1% | -68.1% | +1138.8% |
| 2015 | +118.7% | +58.4% | -14.9% |
| 2014 | -73.0% | -69.8% | -40.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2025 |
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 Cossack Foundation with a Mission Score of 75 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: 80%
- fundraising: 5%
According to IRS 990 filings, Cossack Foundation 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $31K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly favorable for donor perception and 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.
Red Flags
The following concerns were identified during AI analysis of Cossack Foundation's IRS 990 filings:
- Inconsistent revenue and expense patterns, with expenses exceeding revenue in multiple periods (e.g., 2022 and 2013), indicating potential operational deficits.
- Lack of detailed expense breakdown in provided data makes it difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Cossack Foundation:
- Consistent 0% officer compensation, demonstrating a commitment to directing funds towards the mission rather than executive salaries.
- Significant growth in assets over time, from $60,594 in 2015 to $1,167,778 currently, indicating strong financial management in asset accumulation.
- Long filing history (8 filings) suggests consistent compliance and transparency in reporting to the IRS.
Frequently Asked Questions about Cossack Foundation
Is Cossack Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cossack Foundation (EIN: 203635940) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Cossack Foundation spend its money?
Cossack Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cossack Foundation tax-deductible?
Cossack Foundation is registered as a tax-exempt nonprofit (EIN: 203635940). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cossack Foundation's spending goes to programs?
Cossack Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cossack Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Cossack Foundation is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cossack Foundation located?
Cossack Foundation is headquartered in Hugo, Minnesota and files with the IRS under EIN 203635940. It is classified under NTEE code B90.
How many years of IRS 990 filings does Cossack Foundation have?
Cossack Foundation has 8 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 $422K in total revenue.
Is Cossack Foundation financially stable?
While the foundation has grown its assets to over $1.1 million, its revenue has been inconsistent, and expenses have exceeded revenue in some periods (e.g., 2022 and 2013), suggesting potential for financial instability if not managed carefully.
How does Cossack Foundation spend its money?
Without detailed expense breakdowns, it's challenging to know precisely. However, as a grantmaking foundation (NTEE B90), a significant portion of its expenses would likely be in grants to other organizations, with a smaller portion for administrative overhead.
What is the trend in Cossack Foundation's assets?
The foundation's assets have shown significant growth, increasing from $60,594 in 2015 to $1,167,778 in the latest period, indicating successful asset accumulation.
Does Cossack Foundation pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to its officers.
Filing History
IRS 990 filing history for Cossack Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2022), Cossack Foundation's revenue has grown by 605.3%, moving from $57K to $401K. Total assets increased by 269.6% over the same period, from $258K to $952K. Total functional expenses rose by 1500.6%, from $27K to $432K. In its most recent filing year (2022), Cossack Foundation reported a deficit of $31K, with expenses exceeding revenue. The organization holds $1 in liabilities against $952K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $952K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $401K | $432K | $952K | $1 | — | — |
| 2021 | $286K | $55K | $1.0M | $20K | — | — |
| 2019 | $373K | $115K | $751K | $1K | — | View 990 |
| 2015 | $358K | $359K | $61K | $4K | — | View 990 |
| 2014 | $164K | $227K | $71K | $14K | — | View 990 |
| 2013 | $607K | $751K | $120K | $0 | — | View 990 |
| 2012 | $24K | $18K | $264K | $0 | — | View 990 |
| 2011 | $57K | $27K | $258K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $401K, expenses of $432K, and assets of $952K (revenue +40.1% year-over-year).
- 2021: Revenue of $286K, expenses of $55K, and assets of $1.0M (revenue -23.3% year-over-year).
- 2019: Revenue of $373K, expenses of $115K, and assets of $751K (revenue +4.1% year-over-year).
- 2015: Revenue of $358K, expenses of $359K, and assets of $61K (revenue +118.7% year-over-year).
- 2014: Revenue of $164K, expenses of $227K, and assets of $71K (revenue -73.0% year-over-year).
- 2013: Revenue of $607K, expenses of $751K, and assets of $120K (revenue +2424.4% year-over-year).
- 2012: Revenue of $24K, expenses of $18K, and assets of $264K (revenue -57.7% year-over-year).
- 2011: Revenue of $57K, expenses of $27K, and assets of $258K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cossack Foundation:
Data Sources and Methodology
This transparency report for Cossack Foundation 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.