Coborn's Care Fund

Nonprofit profile at a glance

EIN
472924729
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025, Form 990-N 2019
Location
St Cloud, MN, USA
Phone
3202524222
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$45,852
Expenses
$51,706
Assets
$51,413
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • CHRIS COBORN (PRESIDENT)
  • EMILY WRIGHT (VICE PRESIDENT)
  • DUSTY KERSSEN DEBOER (VICE PRESIDENT)
  • DAVID BEST JAN - APR (PRESIDENT)

People named in this filing

  • CHRIS COBORN (PRESIDENT)
  • EMILY WRIGHT (VICE PRESIDENT)
  • JIM SHAW JAN - DEC 18 (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide emergency relief funds to employees of coborn's incorporated and its affiliated companies to assist with unforeseen emergency situations or hardships of the employee or his or her immediate family members.grant applications are reviewed annually to ensure applicants meet the program's eligibility requirements and demonstrate a qualifying financial hardship. To be considered for funding, applicants must be current coborn's employees with at least 180 days of employment, and requests must involve a significant unforeseen tragedy creating an immediate short-term financial need for the employee or their family. During the review process, priority is given to hardships resulting from sudden, unexpected, or unusual events, such as property damage or loss, terminal or critical illness, death, or other serious medical, emotional, or financial circumstances affecting the employee, spouse, or dependents.

What it reported doing in 2025

Coborn's care fund provides financial assistance to employees of coborn s, incorporated, or any of its affiliated companies, and their immediate family members (spouse, child or parent) living in the family residence of the employee, to assist such employee and/or family member with an emergency situation or hardship, which was unforeseen and created by circumstances outside of the employee and/or family member s ability to control when such employee and/or family member has no other options to assist them with their situation.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 82
  • Sustainability: 40
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.7%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -12.8%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 0.99; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 9.9% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: -28.3% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -21.8% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $47K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 26/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.