Significant growth in assets over the long term, from $159,959 in 2011 to $1,345,880 in 2023
No reported liabilities across all available filings, suggesting a debt-free operation
Spending Breakdown
How Coc Benevolent Fund Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Coc Benevolent Fund Inc
Is Coc Benevolent Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Coc Benevolent Fund Inc (EIN: 204092280) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Coc Benevolent Fund Inc a good charity to donate to?
Coc Benevolent Fund Inc has a Mission Score of 70/100. Revenue: $201K. Assets: $801K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Coc Benevolent Fund Inc?
The Employer Identification Number (EIN) for Coc Benevolent Fund Inc is 204092280. 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 Coc Benevolent Fund Inc spend its money?
Coc Benevolent Fund Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Coc Benevolent Fund Inc's tax-exempt status?
You can verify Coc Benevolent Fund Inc's tax-exempt status using EIN 204092280 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
Coc Benevolent Fund Inc demonstrates a mixed financial picture. While the organization has shown significant growth in assets, reaching $1,941,890 in 2022, its revenue and expense patterns are highly volatile. For instance, in 2023, expenses ($976,763) significantly outstripped revenue ($380,753), leading to a substantial deficit. Conversely, in 2022, revenue ($1,264,963) far exceeded expenses ($722,583). This inconsistency makes long-term financial planning and sustainability difficult to assess. The organization's transparency is strong regarding executive compensation, as it consistently reports 0% officer compensation, indicating that no officers are paid salaries, which is a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully evaluate spending efficiency.