Charles And Ellen Cogut Family Foundation Inc
Charles And Ellen Cogut Family Foundation consistently spends more than it earns, drawing down assets.
EIN: 113294488 · South Kent, CT · NTEE: T00J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $170K |
| Total Expenses | $155K |
| Program Spending | 80% |
| Net Assets | $1.5M |
| Transparency Score | 75/100 |
Search Intent Cockpit
Charles And Ellen Cogut Family Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Charles And Ellen Cogut Family Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Charles And Ellen Cogut Family Foundation Inc in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $101K and expenses of $155K.
Revenue and Expenses
Charles And Ellen Cogut Family Foundation Inc reported $101K in revenue and $155K in expenses, a deficit of $54K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
75/100 mission score, 2 red flags, and 4 strengths are shown from structured and AI review.
Is Charles And Ellen Cogut Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $124K (80%) |
Across stored filings, Charles And Ellen Cogut Family Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 80% to programs | Excellent |
| Financial durability | Grade B | 11 stored filing years |
| Peer context | Compare with Teen Center Of Wilton Inc | Connecticut and Philanthropy context |
Trust Check
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Keep the Investigation Moving
Charles And Ellen Cogut Family Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Charles And Ellen Cogut Family Foundation Inc
Charles And Ellen Cogut Family Foundation Inc (EIN: 113294488) is a nonprofit organization based in South Kent, CT, classified under NTEE code T00J. The organization reported total revenue of $170K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charles And Ellen Cogut Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charles And Ellen Cogut Family Foundation Inc is a small nonprofit that has been operating for 30 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $155K |
| Surplus / Deficit | $-54,460 |
| Total Assets | $1.5M |
| Total Liabilities | $1 |
| Net Assets | $1.5M |
| Operating Margin | -54.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 113.8 months |
Financial Health Grade: B
In 2023, Charles And Ellen Cogut Family Foundation Inc reported a deficit of $54K with expenses exceeding revenue, holds 113.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Charles And Ellen Cogut Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1500.8% | +870.4% | -3.6% |
| 2022 | -91.0% | -88.8% | -0.6% |
| 2022 | +75.7% | -11.4% | -4.5% |
| 2021 | -58.6% | -29.8% | -7.0% |
| 2020 | -39.4% | -3.2% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Charles And Ellen Cogut Family Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Charles And Ellen Cogut Family Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $54K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through non-officer roles, which is a strong positive for minimizing administrative overhead.
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.
Red Flags
The following concerns were identified during AI analysis of Charles And Ellen Cogut Family Foundation Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in most recent periods, leading to asset depletion.
- Declining asset base over the past several years (from $1,862,194 in 2019 to $1,469,792 in 2023).
Strengths
The following positive indicators were identified for Charles And Ellen Cogut Family Foundation Inc:
- Zero officer compensation reported, indicating efficient use of funds for leadership.
- Minimal liabilities ($0 or $1 across all filings) demonstrating strong financial management.
- Substantial asset base ($1,469,792 in 2023) providing capacity for grant-making.
- Consistent filing history, indicating good transparency and compliance.
Frequently Asked Questions about Charles And Ellen Cogut Family Foundation Inc
Is Charles And Ellen Cogut Family Foundation Inc a legitimate charity?
Charles And Ellen Cogut Family Foundation Inc (EIN: 113294488) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $170K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Charles And Ellen Cogut Family Foundation Inc spend its money?
Charles And Ellen Cogut Family Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Charles And Ellen Cogut Family Foundation Inc tax-deductible?
Charles And Ellen Cogut Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113294488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Charles And Ellen Cogut Family Foundation Inc's spending goes to programs?
Charles And Ellen Cogut Family Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Charles And Ellen Cogut Family Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Charles And Ellen Cogut Family Foundation Inc is above average for NTEE category T00J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Charles And Ellen Cogut Family Foundation Inc located?
Charles And Ellen Cogut Family Foundation Inc is headquartered in South Kent, Connecticut and files with the IRS under EIN 113294488. It is classified under NTEE code T00J.
How many years of IRS 990 filings does Charles And Ellen Cogut Family Foundation Inc have?
Charles And Ellen Cogut Family Foundation Inc has 11 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 $170K in total revenue.
Is the Charles And Ellen Cogut Family Foundation Inc financially sustainable long-term given its spending patterns?
The foundation has consistently spent more than its revenue in most recent periods, leading to a decline in assets from $1,862,194 in 2019 to $1,469,792 in 2023. While it has a substantial asset base, this trend suggests a spend-down model, which may not be sustainable indefinitely without new significant contributions.
What is the primary purpose of this foundation?
As a private family foundation (NTEE Code T00J), its primary purpose is typically to manage and distribute grants to other charitable organizations or individuals, rather than direct program delivery.
How does the lack of officer compensation impact the foundation's efficiency?
The consistent reporting of 0% officer compensation significantly reduces administrative overhead related to executive salaries, allowing a greater proportion of funds to be directed towards its philanthropic mission.
Filing History
IRS 990 filing history for Charles And Ellen Cogut Family Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Charles And Ellen Cogut Family Foundation Inc's revenue has declined by 50.7%, moving from $204K to $101K. Total assets increased by 18.3% over the same period, from $1.2M to $1.5M. Total functional expenses rose by 226.6%, from $47K to $155K. In its most recent filing year (2023), Charles And Ellen Cogut Family Foundation Inc reported a deficit of $54K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101K | $155K | $1.5M | $1 | — | — |
| 2022 | $6K | $16K | $1.5M | $1 | — | View 990 |
| 2022 | $70K | $143K | $1.5M | $1 | — | View 990 |
| 2021 | $40K | $161K | $1.6M | $1 | — | — |
| 2020 | $96K | $230K | $1.7M | $1 | — | — |
| 2019 | $158K | $237K | $1.9M | $0 | — | View 990 |
| 2015 | $168K | $234K | $1.6M | $0 | — | View 990 |
| 2014 | $215K | $206K | $1.7M | $0 | — | View 990 |
| 2013 | $405K | $91K | $1.7M | $0 | — | View 990 |
| 2012 | $230K | $93K | $1.4M | $0 | — | View 990 |
| 2011 | $204K | $47K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $101K, expenses of $155K, and assets of $1.5M (revenue +1500.8% year-over-year).
- 2022: Revenue of $6K, expenses of $16K, and assets of $1.5M (revenue -91.0% year-over-year).
- 2022: Revenue of $70K, expenses of $143K, and assets of $1.5M (revenue +75.7% year-over-year).
- 2021: Revenue of $40K, expenses of $161K, and assets of $1.6M (revenue -58.6% year-over-year).
- 2020: Revenue of $96K, expenses of $230K, and assets of $1.7M (revenue -39.4% year-over-year).
- 2019: Revenue of $158K, expenses of $237K, and assets of $1.9M (revenue -5.6% year-over-year).
- 2015: Revenue of $168K, expenses of $234K, and assets of $1.6M (revenue -22.0% year-over-year).
- 2014: Revenue of $215K, expenses of $206K, and assets of $1.7M (revenue -46.9% year-over-year).
- 2013: Revenue of $405K, expenses of $91K, and assets of $1.7M (revenue +76.2% year-over-year).
- 2012: Revenue of $230K, expenses of $93K, and assets of $1.4M (revenue +12.5% year-over-year).
- 2011: Revenue of $204K, expenses of $47K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charles And Ellen Cogut Family Foundation Inc:
Data Sources and Methodology
This transparency report for Charles And Ellen Cogut Family Foundation Inc 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.