Joseph E Coe Trust
EIN: 66035732 · Waterbury, CT
| Metric | Value |
|---|---|
| Total Revenue | $35K |
| Total Expenses | $42K |
| Net Assets | $353K |
Is Joseph E Coe Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joseph E Coe Trust
Joseph E Coe Trust (EIN: 66035732) is a nonprofit organization based in Waterbury, CT. The organization reported total revenue of $35K and total assets of $350K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joseph E Coe Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joseph E Coe Trust is a micro nonprofit, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $42K |
| Surplus / Deficit | $-24,365 |
| Total Assets | $353K |
| Total Liabilities | $1 |
| Net Assets | $353K |
| Operating Margin | -138.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 101.0 months |
Financial Health Grade: B
In 2023, Joseph E Coe Trust reported a deficit of $24K with expenses exceeding revenue, holds 101.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Joseph E Coe Trust's revenue has declined at a compound annual growth rate (CAGR) of -9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.2% | +50.7% | -6.5% |
| 2022 | +17.0% | +5.2% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joseph E Coe Trust 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 Joseph E Coe Trust 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 deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Joseph E Coe Trust
Is Joseph E Coe Trust a legitimate charity?
Joseph E Coe Trust (EIN: 66035732) is a registered tax-exempt nonprofit based in Connecticut. It has 3 years of IRS 990 filings on record. Total revenue: $35K. No red flags identified. Financial health grade: B.
How does Joseph E Coe Trust spend its money?
Joseph E Coe Trust reported $35K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Joseph E Coe Trust tax-deductible?
Joseph E Coe Trust is registered as a tax-exempt nonprofit (EIN: 66035732). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joseph E Coe Trust located?
Joseph E Coe Trust is headquartered in Waterbury, Connecticut and files with the IRS under EIN 66035732.
How many years of IRS 990 filings does Joseph E Coe Trust have?
Joseph E Coe Trust has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $35K in total revenue.
Filing History
IRS 990 filing history for Joseph E Coe Trust showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Joseph E Coe Trust's revenue has declined by 18.3%, moving from $22K to $18K. Total assets decreased by 7.1% over the same period, from $380K to $353K. Total functional expenses rose by 58.5%, from $26K to $42K. In its most recent filing year (2023), Joseph E Coe Trust reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1 in liabilities against $353K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $353K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $42K | $353K | $1 | — | — |
| 2022 | $25K | $28K | $377K | $1 | — | View 990 |
| 2021 | $22K | $26K | $380K | $1 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $42K, and assets of $353K (revenue -30.2% year-over-year).
- 2022: Revenue of $25K, expenses of $28K, and assets of $377K (revenue +17.0% year-over-year).
- 2021: Revenue of $22K, expenses of $26K, and assets of $380K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joseph E Coe Trust:
Data Sources and Methodology
This transparency report for Joseph E Coe Trust 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.