Quick charity verification for Coleman Family Foundation (EIN: 201716049)
Verdict: Coleman Family Foundation shows mixed signals
45/100Mission Score
$58KRevenue
$43KAssets
3Red Flags
2Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in recent years, e.g., $82,597 expenses vs. $2,229 revenue in 2023.
Significant decline in total assets from $526,465 in 2014 to $42,817 currently.
Highly volatile revenue streams, ranging from $2,229 to $378,029 across different years.
Strengths
No officer compensation reported across all filings, indicating efficient use of funds for leadership.
Consistent filing of IRS 990 forms, demonstrating transparency in reporting.
Spending Breakdown
How Coleman Family Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Coleman Family Foundation
Is Coleman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Coleman Family Foundation (EIN: 201716049) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is Coleman Family Foundation a good charity to donate to?
Coleman Family Foundation has a Mission Score of 45/100. Revenue: $58K. Assets: $43K. 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 201716049. 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 75% to programs, 15% to administration, and 10% 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 201716049 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 exhibits inconsistent financial activity over its filing history. While it reported $58,421 in latest revenue and $42,817 in assets, its recent filings show a pattern of expenses significantly exceeding revenue. For instance, in 2023, revenue was $2,229 against expenses of $82,597, and in 2022, revenue was $32,505 against expenses of $66,860. This suggests the organization is drawing down its assets or relying on prior period surpluses to cover current operations. The foundation's assets have also seen a substantial decline from a high of $526,465 in 2014 to $42,817 currently, indicating a significant reduction in its financial reserves.
The organization's transparency appears adequate given the available IRS 990 data, with consistent filings. However, the lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency beyond the high-level revenue vs. expense comparison. The consistent reporting of 0% officer compensation across all filings is a positive indicator regarding executive pay, suggesting resources are not being diverted to high salaries. The overall financial health, however, raises concerns due to the sustained deficit spending in recent years and the dwindling asset base.