Is Abraham J And Phyllis Katz Cord Blood Foundation Legit?
Quick charity verification for Abraham J And Phyllis Katz Cord Blood Foundation (EIN: 208376689)
Verdict: Abraham J And Phyllis Katz Cord Blood Foundation appears trustworthy
92/100Mission Score
$4.8MRevenue
$5.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong program spending ratio (estimated 85%)
Consistent reporting of 0% officer compensation
Significant revenue growth in the latest fiscal period (202312 revenue of $11,019,642)
Healthy and growing asset base ($7,998,477 in 202312)
Positive net income in the latest fiscal period ($11,019,642 revenue vs. $6,939,127 expenses in 202312)
Spending Breakdown
How Abraham J And Phyllis Katz Cord Blood Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Abraham J And Phyllis Katz Cord Blood Foundation
Is Abraham J And Phyllis Katz Cord Blood Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Abraham J And Phyllis Katz Cord Blood Foundation (EIN: 208376689) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Abraham J And Phyllis Katz Cord Blood Foundation a good charity to donate to?
Abraham J And Phyllis Katz Cord Blood Foundation has a Mission Score of 92/100. Revenue: $4.8M. Assets: $5.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Abraham J And Phyllis Katz Cord Blood Foundation?
The Employer Identification Number (EIN) for Abraham J And Phyllis Katz Cord Blood Foundation is 208376689. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Abraham J And Phyllis Katz Cord Blood Foundation spend its money?
Abraham J And Phyllis Katz Cord Blood Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Abraham J And Phyllis Katz Cord Blood Foundation's tax-exempt status?
You can verify Abraham J And Phyllis Katz Cord Blood Foundation's tax-exempt status using EIN 208376689 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Abraham J And Phyllis Katz Cord Blood Foundation demonstrates a generally strong financial position and commitment to its program services. In the latest filing (202312), the organization reported revenue of $11,019,642 against expenses of $6,939,127, resulting in a significant surplus that contributed to an increase in assets to $7,998,477. This positive trend in revenue exceeding expenses is a good indicator of financial health, especially compared to previous years like 202212 and 202112 where expenses slightly outpaced revenue. The organization consistently allocates a substantial portion of its spending to program services, indicating a strong focus on its mission. The absence of reported officer compensation across all filings suggests a high degree of transparency and efficient use of funds, as executive salaries are often a point of concern for donors.