Colfax-mingo Educational Foundation Inc is a 501(c)(3) organization based in Colfax, Iowa, registered in 1996, with $109,223 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$109K
▲ 21.9% vs prior year
Crime & Legal median: $309K
Expenses (FY2023)
$71K
Net assets
$811K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Colfax-mingo Educational Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Colfax-mingo Educational Foundation Inc: 137 mo reserves · +35% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Colfax-mingo Educational Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Colfax-mingo Educational Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $76K (FY2016) to $109K (FY2023) across 8 reported years.
Financial snapshot
Operating margin
34.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$811K
Total liabilities
$0
Net assets
$811K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $109,223▲21.9% | $71,205▼11.2% | $811,340▲4.9% | $811,340▲4.9% | 990 |
| 2022 | $89,566▼4.7% | $80,209▲46.5% | $773,322▲1.2% | $773,322▲1.2% | 990 |
| 2021 | $93,938▲33.1% | $54,742▲79.2% | $763,965▲5.4% | $763,965▲5.4% | 990 |
| 2020 | $70,603▲52.3% | $30,551▲94.2% | $724,769▲74.2% | $724,769▲74.2% | 990 |
| 2019 | $46,348▼39.2% | $15,730▼55.4% | $415,949▲7.9% | $415,949▲7.9% | 990EZ |
| 2018 | $76,266▲3.8% | $35,275▲33.0% | $385,331▲11.9% | $385,331▲11.9% | 990EZ |
| 2017 | $73,505▼3.9% | $26,515▼58.5% | $344,340▲15.8% | $344,340▲15.8% | 990EZ |
| 2016 | $76,449 | $63,896 | $297,350 | $297,350 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Colfax-mingo Educational Foundation Inc (EIN 42-1421657) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.