Quick charity verification for Elias A Cohen Foundation Inc (EIN: 136113003)
Verdict: Elias A Cohen Foundation Inc shows mixed signals
65/100Mission Score
$900KRevenue
$1.8MAssets
3Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) without clear explanation of funding source beyond assets.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering efficiency assessment.
NTEE code is unknown, making it difficult to benchmark against similar organizations.
Strengths
Consistent IRS 990 filing history, indicating good compliance.
Stable and substantial asset base (over $1.5 million) providing financial security.
No reported officer compensation, suggesting a lean or volunteer-driven leadership structure.
Spending Breakdown
How Elias A Cohen Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Elias A Cohen Foundation Inc
Is Elias A Cohen Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elias A Cohen Foundation Inc (EIN: 136113003) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Elias A Cohen Foundation Inc a good charity to donate to?
Elias A Cohen Foundation Inc has a Mission Score of 65/100. Revenue: $900K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elias A Cohen Foundation Inc?
The Employer Identification Number (EIN) for Elias A Cohen Foundation Inc is 136113003. 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 Elias A Cohen Foundation Inc spend its money?
Elias A Cohen Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elias A Cohen Foundation Inc's tax-exempt status?
You can verify Elias A Cohen Foundation Inc's tax-exempt status using EIN 136113003 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 Elias A Cohen Foundation Inc appears to be a private foundation, given its consistent asset base and relatively low revenue and expenses over the past decade. The organization consistently spends more than it brings in through revenue, as seen in 2023 where expenses were $70,172 against revenue of $64,582, and in 2022 with expenses of $90,398 against revenue of $76,083. This suggests it relies on its substantial asset base, which has remained stable around $1.5 million to $1.6 million, to fund its activities. The lack of reported officer compensation across all filings indicates a lean operational structure, potentially relying on volunteer efforts or very minimal administrative overhead. However, without a detailed breakdown of expenses (program, administrative, fundraising) in the provided data, it's challenging to fully assess spending efficiency. The organization's transparency is good in terms of filing its 990s consistently, but the absence of NTEE code and detailed expense categories limits a deeper programmatic analysis.