Delaware Cobras Inc
EIN: 272959967 · New Castle, DE · NTEE: N60
| Metric | Value |
|---|---|
| Total Revenue | $167K |
| Total Expenses | $124K |
| Net Assets | $70K |
Is Delaware Cobras Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Delaware Cobras Inc
Delaware Cobras Inc (EIN: 272959967) is a nonprofit organization based in New Castle, DE, classified under NTEE code N60. The organization reported total revenue of $167K and total assets of $70K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Cobras Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Cobras Inc is a small nonprofit that has been operating for 13 years, with 8 years of IRS 990 filings on record (2013–2020). Revenue has grown at a compound annual rate of 11.8%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $167K |
| Total Expenses | $124K |
| Surplus / Deficit | +$43K |
| Total Assets | $70K |
| Net Assets | $70K |
| Operating Margin | 25.8% |
| Months of Reserves | 6.8 months |
Financial Health Grade: A
In 2020, Delaware Cobras Inc reported a surplus of $43K with revenue exceeding expenses, holds 6.8 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2013–2020), Delaware Cobras Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +19.0% | +0.9% | +157.3% |
| 2019 | +63.1% | +56.0% | +178.4% |
| 2018 | -22.8% | -41.5% | +292.2% |
| 2017 | -38.7% | -32.3% | -90.2% |
| 2016 | +15.1% | +44.4% | -40.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Delaware Cobras 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 Delaware Cobras 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 (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $43K, with revenue exceeding expenses.
Frequently Asked Questions about Delaware Cobras Inc
Is Delaware Cobras Inc a legitimate charity?
Delaware Cobras Inc (EIN: 272959967) is a registered tax-exempt nonprofit based in Delaware. It has 8 years of IRS 990 filings on record. Total revenue: $167K. No red flags identified. Financial health grade: A.
How does Delaware Cobras Inc spend its money?
Delaware Cobras Inc reported $167K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Delaware Cobras Inc tax-deductible?
Delaware Cobras Inc is registered as a tax-exempt nonprofit (EIN: 272959967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Delaware Cobras Inc located?
Delaware Cobras Inc is headquartered in New Castle, Delaware and files with the IRS under EIN 272959967. It is classified under NTEE code N60.
How many years of IRS 990 filings does Delaware Cobras Inc have?
Delaware Cobras Inc 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 $167K in total revenue.
Filing History
IRS 990 filing history for Delaware Cobras Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2020), Delaware Cobras Inc's revenue has grown by 118.2%, moving from $76K to $167K. Total assets increased by 445.8% over the same period, from $13K to $70K. Total functional expenses rose by 79.1%, from $69K to $124K. In its most recent filing year (2020), Delaware Cobras Inc reported a surplus of $43K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $167K | $124K | $70K | $0 | — | — |
| 2019 | $140K | $123K | $27K | $0 | — | View 990 |
| 2018 | $86K | $79K | $10K | $0 | — | View 990 |
| 2017 | $111K | $134K | $3K | $0 | — | View 990 |
| 2016 | $181K | $199K | $26K | $0 | — | View 990 |
| 2015 | $158K | $138K | $43K | $0 | — | View 990 |
| 2014 | $95K | $86K | $23K | $0 | — | View 990 |
| 2013 | $76K | $69K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $167K, expenses of $124K, and assets of $70K (revenue +19.0% year-over-year).
- 2019: Revenue of $140K, expenses of $123K, and assets of $27K (revenue +63.1% year-over-year).
- 2018: Revenue of $86K, expenses of $79K, and assets of $10K (revenue -22.8% year-over-year).
- 2017: Revenue of $111K, expenses of $134K, and assets of $3K (revenue -38.7% year-over-year).
- 2016: Revenue of $181K, expenses of $199K, and assets of $26K (revenue +15.1% year-over-year).
- 2015: Revenue of $158K, expenses of $138K, and assets of $43K (revenue +65.5% year-over-year).
- 2014: Revenue of $95K, expenses of $86K, and assets of $23K (revenue +24.8% year-over-year).
- 2013: Revenue of $76K, expenses of $69K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Cobras Inc:
Data Sources and Methodology
This transparency report for Delaware Cobras 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.