Coicom Inc
Nonprofit profile at a glance
- EIN
- 651079522
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Pinecrest, FL, USA
- Phone
- 3057330091
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Interfaith Coalitions
- Affiliation
- Interfaith
Reported finances
- Revenue
- $107,344
- Expenses
- $123,873
- Assets
- $14,305
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Arnold Enns (President CEO)
People named in this filing
- Stanley Jeter (Chairman)
- Mynor Vargas (Vice Chairman)
- Arnold Enns (President CEO)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Assist religious broadcasters.
What it reported doing in 2024
In 2024 COICOM organized an international convention from the 3-5 of September at the Centro Cristiano de Guayaquil Church in Guayaquil, Ecuador. The conference had over 2,200 participants in attendance from around 20 countries. The program was served by more than 50 invited speakers who volunteered their time and travel expenses to train on the use of Radio, Television, Social Media, AI, Program production, Leadership and providing tools and strategies in the use of media and broadcasting. COICOM also held several online media seminars throughout the year for religious broadcasters. These online Webinars, a total of 12, throughout the year, were attended by some 850 participants. These Webinars were free of charge to all participants. The Webinars serve to equip and train the participants in religious broadcasting, evangelism, and church media. COICOM also has an Online Television channel called COICOM.TV available at www.coicom.tv to provide free of charge training in the use of media, broadcasting and leadership issues. The free downloads of recorded seminars and courses further helped to train and equip those not able to attend our conferences and meetings abroad. As a result of the activity of the organization throughout the year many broadcasters and communicators have been strengthened with programming, received training free of charge, and had the opportunity to network with fellow communicators and church media professionals.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 100
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.7%; rating input score 100
- Program expense ratio: 86.4%; rating input score 86
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -15.4%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 0.12; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 0.7% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: 1.5% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 99.7% of revenue deployed · 86.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $107K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- 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 — Sustainability: Operating margin scored 11/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.