The Cosse Finney Foundation
EIN: 260639316 · Wilmington, DE · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $39K |
| Net Assets | $457K |
Is The Cosse Finney Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Cosse Finney Foundation
The Cosse Finney Foundation (EIN: 260639316) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $83K and total assets of $430K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Cosse Finney Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Cosse Finney Foundation is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $45K |
| Total Expenses | $39K |
| Surplus / Deficit | +$6K |
| Total Assets | $457K |
| Total Liabilities | $1 |
| Net Assets | $457K |
| Operating Margin | 13.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 139.2 months |
Financial Health Grade: A
In 2023, The Cosse Finney Foundation reported a surplus of $6K with revenue exceeding expenses, holds 139.2 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), The Cosse Finney Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +16.5% | -15.1% | +1.3% |
| 2022 | -15.2% | -31.1% | -1.6% |
| 2021 | +39.3% | +91.3% | -4.5% |
| 2020 | +110.9% | +7.1% | -0.5% |
| 2019 | +7.4% | +225.6% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Cosse Finney Foundation 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 The Cosse Finney Foundation 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about The Cosse Finney Foundation
Is The Cosse Finney Foundation a legitimate charity?
The Cosse Finney Foundation (EIN: 260639316) is a registered tax-exempt nonprofit based in Delaware. It has 10 years of IRS 990 filings on record. Total revenue: $83K. No red flags identified. Financial health grade: A.
How does The Cosse Finney Foundation spend its money?
The Cosse Finney Foundation reported $83K 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 The Cosse Finney Foundation tax-deductible?
The Cosse Finney Foundation is registered as a tax-exempt nonprofit (EIN: 260639316). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Cosse Finney Foundation located?
The Cosse Finney Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 260639316. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Cosse Finney Foundation have?
The Cosse Finney Foundation 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 $83K in total revenue.
Filing History
IRS 990 filing history for The Cosse Finney Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Cosse Finney Foundation's revenue has declined by 41.1%, moving from $77K to $45K. Total assets increased by 51.8% over the same period, from $301K to $457K. Total functional expenses rose by 79.3%, from $22K to $39K. In its most recent filing year (2023), The Cosse Finney Foundation reported a surplus of $6K, with revenue exceeding expenses. The organization holds $1 in liabilities against $457K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $457K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $45K | $39K | $457K | $1 | — | — |
| 2022 | $39K | $46K | $451K | $1 | — | — |
| 2021 | $46K | $67K | $458K | $1 | — | — |
| 2020 | $33K | $35K | $480K | $1 | — | — |
| 2019 | $16K | $33K | $482K | $1 | — | View 990 |
| 2015 | $15K | $10K | $544K | $1 | — | View 990 |
| 2014 | $143K | $27K | $539K | $1 | — | View 990 |
| 2013 | $44K | $13K | $423K | $1 | — | View 990 |
| 2012 | $105K | $14K | $392K | $1 | — | View 990 |
| 2011 | $77K | $22K | $301K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $45K, expenses of $39K, and assets of $457K (revenue +16.5% year-over-year).
- 2022: Revenue of $39K, expenses of $46K, and assets of $451K (revenue -15.2% year-over-year).
- 2021: Revenue of $46K, expenses of $67K, and assets of $458K (revenue +39.3% year-over-year).
- 2020: Revenue of $33K, expenses of $35K, and assets of $480K (revenue +110.9% year-over-year).
- 2019: Revenue of $16K, expenses of $33K, and assets of $482K (revenue +7.4% year-over-year).
- 2015: Revenue of $15K, expenses of $10K, and assets of $544K (revenue -89.9% year-over-year).
- 2014: Revenue of $143K, expenses of $27K, and assets of $539K (revenue +222.3% year-over-year).
- 2013: Revenue of $44K, expenses of $13K, and assets of $423K (revenue -57.6% year-over-year).
- 2012: Revenue of $105K, expenses of $14K, and assets of $392K (revenue +36.4% year-over-year).
- 2011: Revenue of $77K, expenses of $22K, and assets of $301K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Cosse Finney Foundation:
Data Sources and Methodology
This transparency report for The Cosse Finney Foundation 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.