Cottonwood Prairie Festival Inc
EIN: 470771401 · Hastings, NE · NTEE: A200
| Metric | Value |
|---|---|
| Total Expenses | $288 |
| Net Assets | $33K |
Is Cottonwood Prairie Festival Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cottonwood Prairie Festival Inc
Cottonwood Prairie Festival Inc (EIN: 470771401) is a nonprofit organization based in Hastings, NE, classified under NTEE code A200. 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 Cottonwood Prairie Festival Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cottonwood Prairie Festival Inc is a micro nonprofit that has been operating for 32 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -85.9%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $22 |
| Total Expenses | $288 |
| Surplus / Deficit | $-266 |
| Total Assets | $33K |
| Net Assets | $33K |
| Operating Margin | -1209.1% |
| Months of Reserves | 1361.3 months |
Financial Health Grade: B
In 2015, Cottonwood Prairie Festival Inc reported a deficit of $266 with expenses exceeding revenue, holds 1361.3 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), Cottonwood Prairie Festival Inc's revenue has declined at a compound annual growth rate (CAGR) of -85.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -99.5% | -98.0% | -0.8% |
| 2014 | -19.1% | +711.6% | -25.9% |
| 2013 | +868.8% | -23.8% | +12.3% |
| 2012 | -99.0% | -96.7% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cottonwood Prairie Festival Inc 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 Cottonwood Prairie Festival Inc 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $266, with expenses exceeding revenue.
Frequently Asked Questions about Cottonwood Prairie Festival Inc
Is Cottonwood Prairie Festival Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cottonwood Prairie Festival Inc (EIN: 470771401) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cottonwood Prairie Festival Inc spend its money?
Detailed spending breakdown data is not yet available for Cottonwood Prairie Festival Inc. Check back for updated IRS 990 analysis.
Are donations to Cottonwood Prairie Festival Inc tax-deductible?
Cottonwood Prairie Festival Inc is registered as a tax-exempt nonprofit (EIN: 470771401). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cottonwood Prairie Festival Inc located?
Cottonwood Prairie Festival Inc is headquartered in Hastings, Nebraska and files with the IRS under EIN 470771401. It is classified under NTEE code A200.
How many years of IRS 990 filings does Cottonwood Prairie Festival Inc have?
Cottonwood Prairie Festival Inc has 5 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 Cottonwood Prairie Festival Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Cottonwood Prairie Festival Inc's revenue has declined by 100%, moving from $56K to $22. Total assets decreased by 21% over the same period, from $41K to $33K. Total functional expenses fell by 99.6%, from $71K to $288. In its most recent filing year (2015), Cottonwood Prairie Festival Inc reported a deficit of $266, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $22 | $288 | $33K | $0 | — | View 990 |
| 2014 | $4K | $14K | $33K | $0 | — | View 990 |
| 2013 | $5K | $2K | $44K | $1K | — | View 990 |
| 2012 | $536 | $2K | $40K | $0 | — | View 990 |
| 2011 | $56K | $71K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $22, expenses of $288, and assets of $33K (revenue -99.5% year-over-year).
- 2014: Revenue of $4K, expenses of $14K, and assets of $33K (revenue -19.1% year-over-year).
- 2013: Revenue of $5K, expenses of $2K, and assets of $44K (revenue +868.8% year-over-year).
- 2012: Revenue of $536, expenses of $2K, and assets of $40K (revenue -99.0% year-over-year).
- 2011: Revenue of $56K, expenses of $71K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cottonwood Prairie Festival Inc:
Data Sources and Methodology
This transparency report for Cottonwood Prairie Festival 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.