Abraham J And Phyllis Katz Cord Blood Foundation
Cord Blood Foundation shows strong financial growth and program focus with no reported officer compensation.
EIN: 208376689 · Cleveland, OH · NTEE: H30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $6.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $6.2M |
| Transparency Score | 92/100 |
Is Abraham J And Phyllis Katz Cord Blood Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Abraham J And Phyllis Katz Cord Blood Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Abraham J And Phyllis Katz Cord Blood Foundation
Abraham J And Phyllis Katz Cord Blood Foundation (EIN: 208376689) is a nonprofit organization based in Cleveland, OH, classified under NTEE code H30. The organization reported total revenue of $4.8M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Abraham J And Phyllis Katz Cord Blood Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Abraham J And Phyllis Katz Cord Blood Foundation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.0M |
| Total Expenses | $6.9M |
| Surplus / Deficit | +$4.1M |
| Total Assets | $8.0M |
| Total Liabilities | $1.8M |
| Net Assets | $6.2M |
| Operating Margin | 37.0% |
| Debt-to-Asset Ratio | 22.8% |
| Months of Reserves | 13.8 months |
Financial Health Grade: A
In 2023, Abraham J And Phyllis Katz Cord Blood Foundation reported a surplus of $4.1M with revenue exceeding expenses, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 22.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Abraham J And Phyllis Katz Cord Blood Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.3% | -5.7% | +81.0% |
| 2022 | +31.1% | +6.3% | +36.0% |
| 2021 | -18.7% | +6.3% | -29.3% |
| 2020 | +43.3% | +3.1% | +27.0% |
| 2019 | -41.2% | +2.1% | -31.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 8000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Abraham J And Phyllis Katz Cord Blood Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Abraham J And Phyllis Katz Cord Blood Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly commendable for a nonprofit of its size with annual revenues often exceeding $5 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Abraham J And Phyllis Katz Cord Blood Foundation:
- Strong program spending ratio (estimated 85%)
- Consistent reporting of 0% officer compensation
- Significant revenue growth in the latest fiscal period (202312 revenue of $11,019,642)
- Healthy and growing asset base ($7,998,477 in 202312)
- Positive net income in the latest fiscal period ($11,019,642 revenue vs. $6,939,127 expenses in 202312)
Frequently Asked Questions about Abraham J And Phyllis Katz Cord Blood Foundation
Is Abraham J And Phyllis Katz Cord Blood Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Abraham J And Phyllis Katz Cord Blood Foundation (EIN: 208376689) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Abraham J And Phyllis Katz Cord Blood Foundation spend its money?
Abraham J And Phyllis Katz Cord Blood Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Abraham J And Phyllis Katz Cord Blood Foundation tax-deductible?
Abraham J And Phyllis Katz Cord Blood Foundation is registered as a tax-exempt nonprofit (EIN: 208376689). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Abraham J And Phyllis Katz Cord Blood Foundation CEO make?
Abraham J And Phyllis Katz Cord Blood Foundation's highest-compensated officer earns $5 annually. The organization reported $4.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Abraham J And Phyllis Katz Cord Blood Foundation's spending goes to programs?
Abraham J And Phyllis Katz Cord Blood Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Abraham J And Phyllis Katz Cord Blood Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Abraham J And Phyllis Katz Cord Blood Foundation is above average for NTEE category H30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Abraham J And Phyllis Katz Cord Blood Foundation located?
Abraham J And Phyllis Katz Cord Blood Foundation is headquartered in Cleveland, Ohio and files with the IRS under EIN 208376689. It is classified under NTEE code H30.
How many years of IRS 990 filings does Abraham J And Phyllis Katz Cord Blood Foundation have?
Abraham J And Phyllis Katz Cord Blood Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $4.8M in total revenue.
Is Abraham J And Phyllis Katz Cord Blood Foundation a good charity?
Based on the provided financial data, the Abraham J And Phyllis Katz Cord Blood Foundation appears to be a very good charity. It consistently allocates a high percentage of its expenses to program services, maintains a healthy asset base, and notably reports no officer compensation, demonstrating strong financial stewardship and mission focus.
How has the organization's financial health changed over time?
The organization has shown significant financial growth, particularly in its latest filing (202312) with revenue of $11,019,642 and assets of $7,998,477. While there were periods where expenses slightly exceeded revenue (e.g., 202212, 202112), the overall trend indicates robust revenue generation and asset accumulation, suggesting improving financial stability.
What is the organization's approach to executive compensation?
The Abraham J And Phyllis Katz Cord Blood Foundation reports 0% officer compensation in all available IRS 990 filings, indicating a highly conservative and transparent approach where no salaries are paid to its officers.
Filing History
IRS 990 filing history for Abraham J And Phyllis Katz Cord Blood Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Abraham J And Phyllis Katz Cord Blood Foundation's revenue has grown by 205.6%, moving from $3.6M to $11.0M. Total assets increased by 181.1% over the same period, from $2.8M to $8.0M. Total functional expenses rose by 165.6%, from $2.6M to $6.9M. In its most recent filing year (2023), Abraham J And Phyllis Katz Cord Blood Foundation reported a surplus of $4.1M, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $8.0M in assets (debt-to-asset ratio: 22.8%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.0M | $6.9M | $8.0M | $1.8M | — | — |
| 2022 | $7.3M | $7.4M | $4.4M | $2.3M | — | View 990 |
| 2021 | $5.6M | $6.9M | $3.2M | $1.2M | — | View 990 |
| 2020 | $6.9M | $6.5M | $4.6M | $1.2M | — | — |
| 2019 | $4.8M | $6.3M | $3.6M | $568K | — | View 990 |
| 2018 | $8.2M | $6.2M | $5.2M | $679K | — | View 990 |
| 2017 | $5.9M | $6.8M | $3.3M | $747K | — | View 990 |
| 2016 | $7.1M | $5.7M | $3.7M | $295K | — | View 990 |
| 2015 | $4.6M | $5.5M | $2.7M | $648K | — | View 990 |
| 2014 | $5.2M | $5.2M | $3.5M | $525K | — | View 990 |
| 2013 | $3.9M | $4.3M | $3.6M | $689K | — | View 990 |
| 2012 | $4.2M | $3.2M | $3.6M | $326K | — | View 990 |
| 2011 | $3.6M | $2.6M | $2.8M | $556K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.0M, expenses of $6.9M, and assets of $8.0M (revenue +50.3% year-over-year).
- 2022: Revenue of $7.3M, expenses of $7.4M, and assets of $4.4M (revenue +31.1% year-over-year).
- 2021: Revenue of $5.6M, expenses of $6.9M, and assets of $3.2M (revenue -18.7% year-over-year).
- 2020: Revenue of $6.9M, expenses of $6.5M, and assets of $4.6M (revenue +43.3% year-over-year).
- 2019: Revenue of $4.8M, expenses of $6.3M, and assets of $3.6M (revenue -41.2% year-over-year).
- 2018: Revenue of $8.2M, expenses of $6.2M, and assets of $5.2M (revenue +38.1% year-over-year).
- 2017: Revenue of $5.9M, expenses of $6.8M, and assets of $3.3M (revenue -17.0% year-over-year).
- 2016: Revenue of $7.1M, expenses of $5.7M, and assets of $3.7M (revenue +56.7% year-over-year).
- 2015: Revenue of $4.6M, expenses of $5.5M, and assets of $2.7M (revenue -12.5% year-over-year).
- 2014: Revenue of $5.2M, expenses of $5.2M, and assets of $3.5M (revenue +32.6% year-over-year).
- 2013: Revenue of $3.9M, expenses of $4.3M, and assets of $3.6M (revenue -6.1% year-over-year).
- 2012: Revenue of $4.2M, expenses of $3.2M, and assets of $3.6M (revenue +15.9% year-over-year).
- 2011: Revenue of $3.6M, expenses of $2.6M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Abraham J And Phyllis Katz Cord Blood Foundation:
Data Sources and Methodology
This transparency report for Abraham J And Phyllis Katz Cord Blood Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.