Is Leon And Toby Cooperman Family Foundation Legit?
Quick charity verification for Leon And Toby Cooperman Family Foundation (EIN: 133102941)
Verdict: Leon And Toby Cooperman Family Foundation appears trustworthy
95/100Mission Score
$188.7MRevenue
$580.6MAssets
1Red Flags
4Strengths
Red Flags
NTEE Code is unknown, which can make it harder to categorize its specific programmatic focus.
Strengths
Strong asset growth, from $147M in 2012 to $580M currently.
100% of reported expenses directed to programs, with no officer compensation.
Consistent revenue generation and healthy surpluses in most years.
Long history of consistent IRS 990 filings, indicating transparency.
Spending Breakdown
How Leon And Toby Cooperman Family Foundation allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Leon And Toby Cooperman Family Foundation
Is Leon And Toby Cooperman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Leon And Toby Cooperman Family Foundation (EIN: 133102941) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
Is Leon And Toby Cooperman Family Foundation a good charity to donate to?
Leon And Toby Cooperman Family Foundation has a Mission Score of 95/100. Revenue: $188.7M. Assets: $580.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Leon And Toby Cooperman Family Foundation?
The Employer Identification Number (EIN) for Leon And Toby Cooperman Family Foundation is 133102941. 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 Leon And Toby Cooperman Family Foundation spend its money?
Leon And Toby Cooperman Family Foundation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Leon And Toby Cooperman Family Foundation's tax-exempt status?
You can verify Leon And Toby Cooperman Family Foundation's tax-exempt status using EIN 133102941 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 Leon And Toby Cooperman Family Foundation demonstrates strong financial health, with its assets growing significantly from $147 million in 2012 to over $580 million currently. The foundation consistently maintains a healthy surplus of revenue over expenses in most years, indicating robust financial management and capacity for future grantmaking. For example, in 2024, revenue was $38.4 million against expenses of $20.4 million, allowing for substantial asset growth.
Regarding spending efficiency, as a family foundation, its primary function is grantmaking, which is reflected in its operational model. The absence of reported officer compensation across all filings suggests a highly efficient administrative structure, likely relying on volunteer efforts or external management not directly compensated as officers. This contributes to a very high program spending ratio, as nearly all expenses are directed towards its charitable purpose.
Transparency is generally good, with consistent IRS 990 filings available. The foundation's financial statements show clear growth and consistent philanthropic activity. The lack of reported officer compensation is a key indicator of efficiency and a focus on mission-related spending, which enhances its transparency profile by demonstrating that funds are not being diverted to executive salaries.