Good transparency with consistent IRS 990 filings.
Low liabilities across all reported periods, indicating minimal debt.
Spending Breakdown
How Carl & Renee Cohen Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Carl & Renee Cohen Foundation Inc
Is Carl & Renee Cohen Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Carl & Renee Cohen Foundation Inc (EIN: 136096255) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Carl & Renee Cohen Foundation Inc a good charity to donate to?
Carl & Renee Cohen Foundation Inc has a Mission Score of 70/100. Revenue: $203K. Assets: $339K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carl & Renee Cohen Foundation Inc?
The Employer Identification Number (EIN) for Carl & Renee Cohen Foundation Inc is 136096255. 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 Carl & Renee Cohen Foundation Inc spend its money?
Carl & Renee Cohen Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carl & Renee Cohen Foundation Inc's tax-exempt status?
You can verify Carl & Renee Cohen Foundation Inc's tax-exempt status using EIN 136096255 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 Carl & Renee Cohen Foundation Inc. appears to be a private foundation primarily engaged in grantmaking, as indicated by its consistent revenue and expense patterns over the past decade. The organization's financial health shows a consistent decline in assets, from $1,147,753 in 2011 to $339,374 currently, while expenses have frequently outpaced revenue, particularly in recent years (e.g., 2023 revenue of $27,288 against expenses of $71,930). This trend suggests the foundation is spending down its endowment. The organization demonstrates good transparency by consistently filing its IRS Form 990s. Given the nature of a private foundation, spending efficiency is often measured by the percentage of assets distributed as grants, which would require a deeper dive into their program service expenses. However, the consistent negative net income (expenses exceeding revenue) indicates a planned draw-down of assets rather than operational inefficiency in generating income.