Cuta Papa Foundation Inc
EIN: 223536657 · Tinton Falls, NJ · NTEE: T22Z
| Metric | Value |
|---|---|
| Total Revenue | $192K |
| Total Expenses | $1K |
| Net Assets | $6.3M |
Is Cuta Papa Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cuta Papa Foundation Inc
Cuta Papa Foundation Inc (EIN: 223536657) is a nonprofit organization based in Tinton Falls, NJ, classified under NTEE code T22Z. The organization reported total revenue of $192K and total assets of $149K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cuta Papa Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cuta Papa Foundation Inc is a small nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $1K |
| Surplus / Deficit | +$59K |
| Total Assets | $6.3M |
| Total Liabilities | $1 |
| Net Assets | $6.3M |
| Operating Margin | 98.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 64660.1 months |
Financial Health Grade: A
In 2023, Cuta Papa Foundation Inc reported a surplus of $59K with revenue exceeding expenses, holds 64660.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Cuta Papa Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +146.7% | -90.0% | +5428.4% |
| 2022 | +24.2% | -27.2% | +41.1% |
| 2021 | -17.8% | +165.4% | +4.9% |
| 2020 | +27.6% | -65.5% | +30.4% |
| 2019 | +45.0% | +84.7% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cuta Papa Foundation 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 Cuta Papa Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $59K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Cuta Papa Foundation Inc
Is Cuta Papa Foundation Inc a legitimate charity?
Cuta Papa Foundation Inc (EIN: 223536657) is a registered tax-exempt nonprofit based in New Jersey. It has 10 years of IRS 990 filings on record. Total revenue: $192K. No red flags identified. Financial health grade: A.
How does Cuta Papa Foundation Inc spend its money?
Cuta Papa Foundation Inc reported $192K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Cuta Papa Foundation Inc tax-deductible?
Cuta Papa Foundation Inc is registered as a tax-exempt nonprofit (EIN: 223536657). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cuta Papa Foundation Inc located?
Cuta Papa Foundation Inc is headquartered in Tinton Falls, New Jersey and files with the IRS under EIN 223536657. It is classified under NTEE code T22Z.
How many years of IRS 990 filings does Cuta Papa Foundation Inc have?
Cuta Papa Foundation Inc has 10 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 $192K in total revenue.
Filing History
IRS 990 filing history for Cuta Papa Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cuta Papa Foundation Inc's revenue has grown by 393%, moving from $12K to $61K. Total assets increased by 10435.4% over the same period, from $60K to $6.3M. Total functional expenses fell by 86.9%, from $9K to $1K. In its most recent filing year (2023), Cuta Papa Foundation Inc reported a surplus of $59K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $61K | $1K | $6.3M | $1 | — | — |
| 2022 | $25K | $12K | $114K | $1 | — | — |
| 2021 | $20K | $16K | $81K | $1 | — | View 990 |
| 2020 | $24K | $6K | $77K | $1 | — | — |
| 2019 | $19K | $18K | $59K | $1 | — | View 990 |
| 2015 | $13K | $9K | $61K | $1 | — | View 990 |
| 2014 | $13K | $9K | $58K | $1 | — | View 990 |
| 2013 | $13K | $11K | $54K | $1 | — | View 990 |
| 2012 | $12K | $20K | $52K | $1 | — | View 990 |
| 2011 | $12K | $9K | $60K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $61K, expenses of $1K, and assets of $6.3M (revenue +146.7% year-over-year).
- 2022: Revenue of $25K, expenses of $12K, and assets of $114K (revenue +24.2% year-over-year).
- 2021: Revenue of $20K, expenses of $16K, and assets of $81K (revenue -17.8% year-over-year).
- 2020: Revenue of $24K, expenses of $6K, and assets of $77K (revenue +27.6% year-over-year).
- 2019: Revenue of $19K, expenses of $18K, and assets of $59K (revenue +45.0% year-over-year).
- 2015: Revenue of $13K, expenses of $9K, and assets of $61K (revenue +1.5% year-over-year).
- 2014: Revenue of $13K, expenses of $9K, and assets of $58K (revenue +1.4% year-over-year).
- 2013: Revenue of $13K, expenses of $11K, and assets of $54K (revenue +1.5% year-over-year).
- 2012: Revenue of $12K, expenses of $20K, and assets of $52K (revenue +1.2% year-over-year).
- 2011: Revenue of $12K, expenses of $9K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cuta Papa Foundation Inc:
Data Sources and Methodology
This transparency report for Cuta Papa Foundation 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.