Quick charity verification for Cooleys Anemia Foundation Inc (EIN: 111971539)
Verdict: Cooleys Anemia Foundation Inc appears trustworthy
90/100Mission Score
$2.8MRevenue
$6.4MAssets
1Red Flags
4Strengths
Red Flags
NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive spending.
Healthy growth in assets from $2.2 million in 2014 to $6.3 million currently, demonstrating strong financial management.
Revenue consistently covers expenses, leading to a stable financial position and accumulation of reserves.
Low liabilities relative to assets, indicating strong financial solvency.
Spending Breakdown
How Cooleys Anemia Foundation 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 Cooleys Anemia Foundation Inc
Is Cooleys Anemia Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cooleys Anemia Foundation Inc (EIN: 111971539) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Cooleys Anemia Foundation Inc a good charity to donate to?
Cooleys Anemia Foundation Inc has a Mission Score of 90/100. Revenue: $2.8M. Assets: $6.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cooleys Anemia Foundation Inc?
The Employer Identification Number (EIN) for Cooleys Anemia Foundation Inc is 111971539. 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 Cooleys Anemia Foundation Inc spend its money?
Cooleys Anemia Foundation Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cooleys Anemia Foundation Inc's tax-exempt status?
You can verify Cooleys Anemia Foundation Inc's tax-exempt status using EIN 111971539 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
Cooley's Anemia Foundation Inc demonstrates a generally stable financial position with consistent revenue generation over the past decade, averaging around $2 million annually. The organization's assets have shown a healthy growth trend, increasing from $2.2 million in 2014 to over $6.3 million currently, indicating sound financial management and accumulation of reserves. While expenses have fluctuated, they generally remain below or close to revenue, allowing for asset growth. The most recent filing shows revenue of $2,306,555 against expenses of $2,165,404, indicating a surplus. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator of financial efficiency and transparency. The organization's liabilities have remained relatively low compared to its assets, further reinforcing its financial stability.