E M Colemans Adult Foster Care Home Inc
EIN: 382520670 · Detroit, MI · NTEE: P700
| Metric | Value |
|---|---|
| Total Revenue | $362K |
| Total Expenses | $362K |
| Net Assets | $-268,311 |
Is E M Colemans Adult Foster Care Home Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About E M Colemans Adult Foster Care Home Inc
E M Colemans Adult Foster Care Home Inc (EIN: 382520670) is a nonprofit organization based in Detroit, MI, classified under NTEE code P700. The organization reported total revenue of $362K and total assets of $20K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of E M Colemans Adult Foster Care Home Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
E M Colemans Adult Foster Care Home Inc is a small nonprofit that has been operating for 40 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $362K |
| Total Expenses | $362K |
| Surplus / Deficit | $-629 |
| Total Assets | $20K |
| Total Liabilities | $288K |
| Net Assets | $-268,311 |
| Operating Margin | -0.2% |
| Debt-to-Asset Ratio | 1451.6% |
| Months of Reserves | 0.7 months |
Financial Health Grade: D
In 2021, E M Colemans Adult Foster Care Home Inc reported a deficit of $629 with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 1451.6% (high leverage).
Financial Trends
Over 11 years of filings (2011–2021), E M Colemans Adult Foster Care Home Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +23.7% | +7.7% | -2.9% |
| 2020 | +4.5% | +24.0% | +0.5% |
| 2019 | +25.0% | -2.3% | +256.3% |
| 2018 | -27.2% | -6.6% | -69.9% |
| 2017 | +25.3% | +6.2% | +70.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for E M Colemans Adult Foster Care Home 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 E M Colemans Adult Foster Care Home 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $629, with expenses exceeding revenue.
- Debt-to-asset ratio: 1451.6%.
Frequently Asked Questions about E M Colemans Adult Foster Care Home Inc
Is E M Colemans Adult Foster Care Home Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, E M Colemans Adult Foster Care Home Inc (EIN: 382520670) insufficient data. 0 red flags identified, 0 strengths noted.
How does E M Colemans Adult Foster Care Home Inc spend its money?
Detailed spending breakdown data is not yet available for E M Colemans Adult Foster Care Home Inc. Check back for updated IRS 990 analysis.
Are donations to E M Colemans Adult Foster Care Home Inc tax-deductible?
E M Colemans Adult Foster Care Home Inc is registered as a tax-exempt nonprofit (EIN: 382520670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is E M Colemans Adult Foster Care Home Inc located?
E M Colemans Adult Foster Care Home Inc is headquartered in Detroit, Michigan and files with the IRS under EIN 382520670. It is classified under NTEE code P700.
How many years of IRS 990 filings does E M Colemans Adult Foster Care Home Inc have?
E M Colemans Adult Foster Care Home Inc has 11 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 $362K in total revenue.
Filing History
IRS 990 filing history for E M Colemans Adult Foster Care Home Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), E M Colemans Adult Foster Care Home Inc's revenue has grown by 75.4%, moving from $206K to $362K. Total assets increased by 23.5% over the same period, from $16K to $20K. Total functional expenses rose by 57.5%, from $230K to $362K. In its most recent filing year (2021), E M Colemans Adult Foster Care Home Inc reported a deficit of $629, with expenses exceeding revenue. The organization holds $288K in liabilities against $20K in assets (debt-to-asset ratio: 1451.6%), resulting in net assets of $-268,311.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $362K | $362K | $20K | $288K | — | — |
| 2020 | $293K | $336K | $20K | $288K | — | — |
| 2019 | $280K | $271K | $20K | $244K | — | View 990 |
| 2018 | $224K | $278K | $6K | $244K | — | View 990 |
| 2017 | $308K | $297K | $19K | $204K | — | — |
| 2016 | $246K | $280K | $11K | $206K | — | View 990 |
| 2015 | $235K | $233K | $9K | $173K | — | View 990 |
| 2014 | $593K | $226K | $15K | $180K | — | View 990 |
| 2013 | $176K | $219K | $12K | $576K | — | View 990 |
| 2012 | $189K | $211K | $40K | $561K | — | View 990 |
| 2011 | $206K | $230K | $16K | $515K | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $362K, expenses of $362K, and assets of $20K (revenue +23.7% year-over-year).
- 2020: Revenue of $293K, expenses of $336K, and assets of $20K (revenue +4.5% year-over-year).
- 2019: Revenue of $280K, expenses of $271K, and assets of $20K (revenue +25.0% year-over-year).
- 2018: Revenue of $224K, expenses of $278K, and assets of $6K (revenue -27.2% year-over-year).
- 2017: Revenue of $308K, expenses of $297K, and assets of $19K (revenue +25.3% year-over-year).
- 2016: Revenue of $246K, expenses of $280K, and assets of $11K (revenue +4.6% year-over-year).
- 2015: Revenue of $235K, expenses of $233K, and assets of $9K (revenue -60.4% year-over-year).
- 2014: Revenue of $593K, expenses of $226K, and assets of $15K (revenue +237.0% year-over-year).
- 2013: Revenue of $176K, expenses of $219K, and assets of $12K (revenue -6.8% year-over-year).
- 2012: Revenue of $189K, expenses of $211K, and assets of $40K (revenue -8.5% year-over-year).
- 2011: Revenue of $206K, expenses of $230K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for E M Colemans Adult Foster Care Home Inc:
Data Sources and Methodology
This transparency report for E M Colemans Adult Foster Care Home 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.