Quick charity verification for Coleman Family Foundation (EIN: 200500550)
Verdict: Coleman Family Foundation appears trustworthy
92/100Mission Score
$618KRevenue
$1.3MAssets
1Red Flags
4Strengths
Red Flags
Inconsistent revenue streams leading to occasional deficit spending (e.g., 2023 and 2024 where expenses exceeded revenue).
Strengths
100% of officer compensation reported as $0 across all filings, indicating high efficiency and dedication of resources to programs.
Strong program spending ratio, with a significant majority of expenses directed towards charitable activities.
Healthy and growing asset base, providing financial stability and capacity for future operations.
Consistently low liabilities, indicating sound financial management and minimal debt.
Spending Breakdown
How Coleman Family Foundation 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 Coleman Family Foundation
Is Coleman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Coleman Family Foundation (EIN: 200500550) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Coleman Family Foundation a good charity to donate to?
Coleman Family Foundation has a Mission Score of 92/100. Revenue: $618K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Coleman Family Foundation?
The Employer Identification Number (EIN) for Coleman Family Foundation is 200500550. 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 Coleman Family Foundation spend its money?
Coleman Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Coleman Family Foundation's tax-exempt status?
You can verify Coleman Family Foundation's tax-exempt status using EIN 200500550 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 Coleman Family Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. Over the past several years, the foundation has maintained a healthy asset base, currently at $1,277,432, which provides a solid financial cushion. While revenue has fluctuated significantly, from a high of $1,178,059 in 2014 to $135,484 in 2024, the organization has generally managed its expenses to align with its income, though there have been periods of deficit spending, such as in 2023 and 2024 where expenses exceeded revenue. The foundation's transparency is strong, with no reported officer compensation, indicating that resources are directed towards programs rather than executive salaries.
The foundation's spending efficiency appears robust, with a significant portion of its expenditures dedicated to programmatic activities. The absence of officer compensation across all reported filings is a notable strength, suggesting a volunteer-driven or very lean administrative structure. This contributes positively to its overall financial health and ensures that donor contributions are primarily used for charitable purposes. The consistent low liabilities also point to sound financial management.
Despite some year-to-year variability in revenue and expenses, the Coleman Family Foundation maintains a stable asset base and a clear focus on its mission through efficient spending. The lack of executive compensation enhances its transparency and efficiency scores, making it an organization that appears to prioritize its charitable objectives.