Quick charity verification for Cooper Family Foundation Inc (EIN: 201326428)
Verdict: Cooper Family Foundation Inc appears trustworthy
90/100Mission Score
$271KRevenue
$1.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation, indicating volunteer leadership and efficient use of funds.
Stable asset base over a decade, demonstrating strong financial stewardship (e.g., $1,784,304 in latest assets).
Consistent IRS 990 filing history, indicating high transparency.
No reported liabilities across all filing periods, showing excellent financial health.
High program spending ratio, as a grantmaking foundation's primary 'program' is its distributions.
Spending Breakdown
How Cooper Family Foundation Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Cooper Family Foundation Inc
Is Cooper Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cooper Family Foundation Inc (EIN: 201326428) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Cooper Family Foundation Inc a good charity to donate to?
Cooper Family Foundation Inc has a Mission Score of 90/100. Revenue: $271K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cooper Family Foundation Inc?
The Employer Identification Number (EIN) for Cooper Family Foundation Inc is 201326428. 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 Cooper Family Foundation Inc spend its money?
Cooper Family Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cooper Family Foundation Inc's tax-exempt status?
You can verify Cooper Family Foundation Inc's tax-exempt status using EIN 201326428 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 Cooper Family Foundation Inc appears to be a well-managed private foundation with a consistent asset base and a focus on grantmaking. Over the past decade, its assets have remained stable, hovering around $1.6 million to $1.7 million, indicating prudent financial stewardship. The organization consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds, as all revenue can be directed towards its mission. While revenue fluctuates, the foundation generally manages its expenses to align with or slightly exceed its income, which is typical for a grant-making entity distributing funds. For example, in 2023, expenses were $347,233 against revenue of $156,797, suggesting a significant distribution of funds from its asset base or prior year's accumulated income.
The foundation's transparency is high given its consistent filing of IRS Form 990s, which are publicly available. The absence of liabilities across all reported periods further underscores its strong financial health and responsible management. The NTEE code T20 (Private Grantmaking Foundations) aligns with its operational profile. The primary financial activity appears to be managing its endowment and distributing grants, rather than extensive fundraising from the public. This model inherently leads to a high program spending ratio, as the 'programs' are essentially the grants distributed.