Quick charity verification for Frederic R Coudert Foundation (EIN: 137180778)
Verdict: Frederic R Coudert Foundation appears trustworthy
75/100Mission Score
$5.6MRevenue
$23.3MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering efficiency analysis.
Expenses frequently exceed revenue, indicating reliance on asset drawdowns, which while common for foundations, warrants monitoring.
Strengths
Strong and growing asset base, increasing from $7,090,653 in 2011 to $22,870,686 in 2023.
Consistently reports 0% officer compensation, indicating efficient use of funds at the leadership level.
Minimal liabilities ($1 across all filings) demonstrating excellent financial health and low risk.
Consistent filing history over a decade, indicating transparency and compliance.
Spending Breakdown
How Frederic R Coudert Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Frederic R Coudert Foundation
Is Frederic R Coudert Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Frederic R Coudert Foundation (EIN: 137180778) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Frederic R Coudert Foundation a good charity to donate to?
Frederic R Coudert Foundation has a Mission Score of 75/100. Revenue: $5.6M. Assets: $23.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Frederic R Coudert Foundation?
The Employer Identification Number (EIN) for Frederic R Coudert Foundation is 137180778. 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 Frederic R Coudert Foundation spend its money?
Frederic R Coudert Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Frederic R Coudert Foundation's tax-exempt status?
You can verify Frederic R Coudert Foundation's tax-exempt status using EIN 137180778 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 Frederic R Coudert Foundation demonstrates a consistent financial structure, primarily operating as a grant-making organization given its NTEE code T20 (Private Grantmaking Foundations). Its assets have shown significant growth over the past decade, increasing from $7,090,653 in 2011 to $22,870,686 in 2023, indicating strong financial stewardship and investment performance. The foundation consistently reports minimal liabilities ($1 across all filings), suggesting a very healthy balance sheet and low financial risk.
However, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, which is crucial for a comprehensive assessment of spending efficiency. Without this information, it's challenging to determine the percentage of funds directly supporting its mission versus overhead. The foundation consistently reports 0% officer compensation, which is a positive indicator for resource allocation, as it suggests that leadership is either unpaid or compensated through other means not categorized as 'officer compensation' in these filings. The fluctuating revenue and expenses, with expenses often exceeding revenue in recent years (e.g., 2023: Revenue $1,230,188, Expenses $2,014,999), suggest that the foundation primarily operates by distributing grants from its substantial asset base rather than relying solely on annual contributions.