Coherent Ii Vi Foundation
Coherent Ii Vi Foundation shows declining assets and occasional deficits, but zero executive compensation.
EIN: 208824719 · Pittsburgh, PA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2,182,971 |
| Net Assets | $7.3M |
| Transparency Score | 75/100 |
Is Coherent Ii Vi Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Coherent Ii Vi Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Coherent Ii Vi Foundation
Coherent Ii Vi Foundation (EIN: 208824719) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code T20. The organization reported total revenue of $6.3M and total assets of $8.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coherent Ii Vi Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Coherent Ii Vi Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-34,304 |
| Total Assets | $7.4M |
| Total Liabilities | $122K |
| Net Assets | $7.3M |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 1.6% |
| Months of Reserves | 40.3 months |
Financial Health Grade: B
In 2023, Coherent Ii Vi Foundation reported a deficit of $34K with expenses exceeding revenue, holds 40.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.6% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Coherent Ii Vi Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.2% | -11.5% | -4.8% |
| 2022 | +86.0% | +14.0% | -11.1% |
| 2021 | -47.0% | +22.0% | -1.8% |
| 2020 | +16.0% | -25.8% | +0.0% |
| 2019 | -3.0% | +1.1% | -34.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Coherent Ii Vi Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Coherent Ii Vi 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 deficit of $34K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its revenue, which was $2,182,971 in 202312, is allocated to executive salaries, a highly efficient practice for a foundation of its size.
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 Coherent Ii Vi Foundation's IRS 990 filings:
- Significant decline in total assets over the past decade (from $26M in 2012 to $7.4M in 2023)
- Occasional operational deficits, such as in 2023 ($2,182,971 revenue vs. $2,217,275 expenses)
- Fluctuating revenue streams, making long-term financial planning potentially challenging
Strengths
The following positive indicators were identified for Coherent Ii Vi Foundation:
- Consistent 0% officer compensation, indicating high efficiency in executive spending
- Long operational history with 10 years of filings, suggesting stability
- Relatively low liabilities compared to assets in most periods
Frequently Asked Questions about Coherent Ii Vi Foundation
Is Coherent Ii Vi Foundation a legitimate charity?
Coherent Ii Vi Foundation (EIN: 208824719) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.3M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Coherent Ii Vi Foundation spend its money?
Coherent Ii Vi Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Coherent Ii Vi Foundation tax-deductible?
Coherent Ii Vi Foundation is registered as a tax-exempt nonprofit (EIN: 208824719). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Coherent Ii Vi Foundation CEO make?
Coherent Ii Vi Foundation's highest-compensated officer earns $2,182,971 annually. The organization reported $6.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Coherent Ii Vi Foundation's spending goes to programs?
Coherent Ii Vi Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Coherent Ii Vi Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Coherent Ii Vi Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Coherent Ii Vi Foundation located?
Coherent Ii Vi Foundation is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 208824719. It is classified under NTEE code T20.
How many years of IRS 990 filings does Coherent Ii Vi Foundation have?
Coherent Ii Vi Foundation has 10 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 $6.3M in total revenue.
What caused the significant decline in assets from $26,020,308 in 2012 to $7,437,681 in 2023?
The provided data does not specify the reasons for the asset decline. This would require reviewing the full IRS 990 forms for detailed financial statements and explanations.
How does the organization manage its operational deficits, such as the one in 2023 ($2,182,971 revenue vs. $2,217,275 expenses)?
Operational deficits are likely covered by drawing from existing assets or reserves. Consistent deficits could impact long-term sustainability if not addressed through increased revenue or reduced expenses.
What are the specific program activities funded by Coherent Ii Vi Foundation?
The NTEE code T20 indicates 'Philanthropy, Voluntarism, and Grantmaking Foundations'. To understand specific program activities, one would need to review the organization's mission statement and program service accomplishments detailed in its full IRS 990 filings.
Filing History
IRS 990 filing history for Coherent Ii Vi Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Coherent Ii Vi Foundation's revenue has grown by 25.3%, moving from $1.7M to $2.2M. Total assets decreased by 69.9% over the same period, from $24.7M to $7.4M. Total functional expenses fell by 27.6%, from $3.1M to $2.2M. In its most recent filing year (2023), Coherent Ii Vi Foundation reported a deficit of $34K, with expenses exceeding revenue. The organization holds $122K in liabilities against $7.4M in assets (debt-to-asset ratio: 1.6%), resulting in net assets of $7.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.2M | $7.4M | $122K | — | — |
| 2022 | $2.8M | $2.5M | $7.8M | $117K | — | View 990 |
| 2021 | $1.5M | $2.2M | $8.8M | $780K | — | View 990 |
| 2020 | $2.8M | $1.8M | $8.9M | $216K | — | View 990 |
| 2019 | $2.5M | $2.4M | $8.9M | $123K | — | View 990 |
| 2015 | $2.5M | $2.4M | $13.8M | $9K | — | View 990 |
| 2014 | $3.3M | $3.6M | $15.6M | $0 | — | View 990 |
| 2013 | $6.8M | $3.8M | $20.1M | $36K | — | View 990 |
| 2012 | $2.2M | $3.5M | $26.0M | $2.6M | — | View 990 |
| 2011 | $1.7M | $3.1M | $24.7M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.2M, and assets of $7.4M (revenue -22.2% year-over-year).
- 2022: Revenue of $2.8M, expenses of $2.5M, and assets of $7.8M (revenue +86.0% year-over-year).
- 2021: Revenue of $1.5M, expenses of $2.2M, and assets of $8.8M (revenue -47.0% year-over-year).
- 2020: Revenue of $2.8M, expenses of $1.8M, and assets of $8.9M (revenue +16.0% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.4M, and assets of $8.9M (revenue -3.0% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.4M, and assets of $13.8M (revenue -24.1% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.6M, and assets of $15.6M (revenue -50.9% year-over-year).
- 2013: Revenue of $6.8M, expenses of $3.8M, and assets of $20.1M (revenue +211.9% year-over-year).
- 2012: Revenue of $2.2M, expenses of $3.5M, and assets of $26.0M (revenue +24.9% year-over-year).
- 2011: Revenue of $1.7M, expenses of $3.1M, and assets of $24.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Coherent Ii Vi Foundation:
Data Sources and Methodology
This transparency report for Coherent Ii Vi 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.