Is Cozen Oconnor Foundation Inc Legit? —…

Quick charity verification for Cozen Oconnor Foundation Inc (EIN: 200074096)

Strengths

Consistent 0% officer compensation reported across all filings, maximizing funds for programs.
No reported liabilities in any filing, indicating strong financial health and low risk.
High program spending efficiency, with expenses closely matching revenue in most years.
Healthy and growing asset base, providing financial stability.
Consistent IRS 990 filing history, demonstrating strong transparency and accountability.

Spending Breakdown

How Cozen Oconnor Foundation Inc allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Cozen Oconnor Foundation Inc

Is Cozen Oconnor Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Cozen Oconnor Foundation Inc (EIN: 200074096) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Cozen Oconnor Foundation Inc a good charity to donate to?

Cozen Oconnor Foundation Inc has a Mission Score of 92/100. Revenue: $2.7M. Assets: $2.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cozen Oconnor Foundation Inc?

The Employer Identification Number (EIN) for Cozen Oconnor Foundation Inc is 200074096. 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 Cozen Oconnor Foundation Inc spend its money?

Cozen Oconnor Foundation Inc allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cozen Oconnor Foundation Inc's tax-exempt status?

You can verify Cozen Oconnor Foundation Inc's tax-exempt status using EIN 200074096 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 Cozen Oconnor Foundation Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the latest filing (202312), the organization reported expenses of $2,295,174 against revenues of $2,320,603, indicating that nearly all incoming funds are being utilized for its charitable activities. The foundation has maintained a healthy asset base, with assets of $2,492,919 in 2023 and no reported liabilities across all filings, suggesting strong financial management and stability. The absence of officer compensation further enhances its transparency and dedication to direct program support.

Spending efficiency appears high, with a significant portion of expenses directed towards programs. The foundation's revenue has fluctuated over the years, from a low of $1,030,680 in 2021 to a high of $2,426,220 in 2017, but it consistently manages to spend close to its revenue, indicating active deployment of funds rather than excessive accumulation. The consistent reporting of zero liabilities across all available filings is a strong indicator of fiscal prudence and a low-risk financial profile.

Transparency is excellent, particularly given the consistent reporting of zero officer compensation, which suggests that leadership is either volunteer-based or compensated through other means not reported as officer compensation on the 990, or that the foundation operates with minimal administrative overhead in this regard. The consistent filing of IRS 990s over 14 periods further underscores its commitment to public accountability.

Is Cozen Oconnor Foundation Inc Legit?

Verdict: Cozen Oconnor Foundation Inc appears trustworthy

Red Flags