Quick charity verification for Coleman Foundation (EIN: 133001011)
Verdict: Coleman Foundation has notable concerns
10/100Mission Score
$1Revenue
$6KAssets
4Red Flags
1Strengths
Red Flags
Dramatic decline in assets from $680,804 to $6,350 over six years.
Latest reported revenue of only $1, indicating potential operational cessation.
Consistent pattern of expenses significantly exceeding revenue in multiple periods (e.g., 201507: $285,020 expenses vs. $2 revenue).
Lack of detailed spending breakdown prevents assessment of program efficiency.
Strengths
Consistent reporting of 0% officer compensation, suggesting volunteer leadership or very low executive overhead.
Spending Breakdown
How Coleman Foundation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Foundation
Is Coleman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Coleman Foundation (EIN: 133001011) has notable concerns. Mission Score: 10/100. 4 red flags identified, 1 strength noted.
Is Coleman Foundation a good charity to donate to?
Coleman Foundation has a Mission Score of 10/100. Revenue: $1. Assets: $6K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Coleman Foundation?
The Employer Identification Number (EIN) for Coleman Foundation is 133001011. 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 Foundation spend its money?
Coleman Foundation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Coleman Foundation's tax-exempt status?
You can verify Coleman Foundation's tax-exempt status using EIN 133001011 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 Foundation appears to be in a state of significant financial decline, as evidenced by its latest reported revenue of just $1 and assets of $6,350. This is a stark contrast to its 2011-2014 period where assets were in the hundreds of thousands. The organization has consistently reported zero officer compensation across all available filings, which is a positive indicator of volunteer leadership or very low overhead in that specific area. However, the dramatic drop in revenue and assets, coupled with expenses often significantly exceeding revenue in prior years (e.g., $285,020 in expenses vs. $2 in revenue in 201507), raises serious concerns about its long-term sustainability and operational viability. The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency beyond the overall revenue-to-expense ratio.