Cooleys Anemia Foundation Inc
Cooley's Anemia Foundation Inc shows consistent revenue, growing assets, and no reported officer compensation.
EIN: 111971539 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.2M |
| Program Spending | 80% |
| Net Assets | $5.1M |
| Transparency Score | 90/100 |
Is Cooleys Anemia Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cooleys Anemia Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cooleys Anemia Foundation Inc
Cooleys Anemia Foundation Inc (EIN: 111971539) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.8M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cooleys Anemia Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cooleys Anemia Foundation Inc is a mid-size nonprofit that has been operating for 51 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$141K |
| Total Assets | $5.6M |
| Total Liabilities | $482K |
| Net Assets | $5.1M |
| Operating Margin | 6.1% |
| Debt-to-Asset Ratio | 8.7% |
| Months of Reserves | 30.8 months |
Financial Health Grade: A
In 2023, Cooleys Anemia Foundation Inc reported a surplus of $141K with revenue exceeding expenses, holds 30.8 months of operating reserves (strong position), has a debt-to-asset ratio of 8.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cooleys Anemia Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.9% | +13.8% | +7.9% |
| 2022 | +93.5% | +11.8% | +10.4% |
| 2021 | +46.7% | -21.6% | +0.1% |
| 2020 | -52.5% | +3.5% | -9.9% |
| 2019 | -35.6% | +7.7% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 Cooleys Anemia Foundation Inc with a Mission Score of 90 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: 80%
- fundraising: 10%
According to IRS 990 filings, Cooleys Anemia Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. 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 surplus of $141K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led executive team or that compensation is reported under other categories, though the former is more likely given the consistent reporting.
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 Cooleys Anemia Foundation Inc's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Cooleys Anemia Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive spending.
- Healthy growth in assets from $2.2 million in 2014 to $6.3 million currently, demonstrating strong financial management.
- Revenue consistently covers expenses, leading to a stable financial position and accumulation of reserves.
- Low liabilities relative to assets, indicating strong financial solvency.
Frequently Asked Questions about Cooleys Anemia Foundation Inc
Is Cooleys Anemia Foundation Inc a legitimate charity?
Cooleys Anemia Foundation Inc (EIN: 111971539) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.8M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Cooleys Anemia Foundation Inc spend its money?
Cooleys Anemia Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Cooleys Anemia Foundation Inc tax-deductible?
Cooleys Anemia Foundation Inc is registered as a tax-exempt nonprofit (EIN: 111971539). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cooleys Anemia Foundation Inc's spending goes to programs?
Cooleys Anemia Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Cooleys Anemia Foundation Inc located?
Cooleys Anemia Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 111971539.
How many years of IRS 990 filings does Cooleys Anemia Foundation Inc have?
Cooleys Anemia Foundation Inc 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 $2.8M in total revenue.
Is Cooley's Anemia Foundation Inc a good charity?
Based on the provided financial data, Cooley's Anemia Foundation Inc appears to be a well-managed charity. It demonstrates consistent revenue, growing assets, and a notable commitment to not paying officer compensation, suggesting a high dedication to its mission.
How has the organization's financial health changed over the last decade?
Over the last decade, the organization's financial health has improved significantly. Assets have nearly tripled from $2.2 million in 2014 to $6.3 million currently, and revenue has remained robust, often exceeding expenses, allowing for this growth.
What is the trend in the organization's liabilities?
Liabilities have generally remained low and manageable relative to assets, fluctuating but not showing a concerning upward trend. For example, in 2023, liabilities were $481,507 against assets of $5,550,283, indicating a strong financial position.
Filing History
IRS 990 filing history for Cooleys Anemia Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cooleys Anemia Foundation Inc's revenue has grown by 61.2%, moving from $1.4M to $2.3M. Total assets increased by 226.2% over the same period, from $1.7M to $5.6M. Total functional expenses rose by 32.9%, from $1.6M to $2.2M. In its most recent filing year (2023), Cooleys Anemia Foundation Inc reported a surplus of $141K, with revenue exceeding expenses. The organization holds $482K in liabilities against $5.6M in assets (debt-to-asset ratio: 8.7%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.2M | $5.6M | $482K | — | View 990 |
| 2022 | $3.0M | $1.9M | $5.1M | $216K | — | View 990 |
| 2021 | $1.6M | $1.7M | $4.7M | $858K | — | View 990 |
| 2020 | $1.1M | $2.2M | $4.7M | $714K | — | View 990 |
| 2019 | $2.2M | $2.1M | $5.2M | $115K | — | View 990 |
| 2018 | $3.5M | $1.9M | $5.0M | $63K | — | View 990 |
| 2017 | $2.5M | $1.7M | $3.7M | $340K | — | View 990 |
| 2016 | $2.1M | $1.7M | $2.6M | $61K | — | View 990 |
| 2015 | $1.8M | $1.8M | $2.3M | $176K | — | View 990 |
| 2014 | $1.8M | $1.8M | $2.2M | $149K | — | View 990 |
| 2013 | $2.0M | $1.7M | $2.2M | $165K | — | View 990 |
| 2012 | $1.6M | $1.5M | $1.9M | $224K | — | View 990 |
| 2011 | $1.4M | $1.6M | $1.7M | $92K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.2M, and assets of $5.6M (revenue -23.9% year-over-year).
- 2022: Revenue of $3.0M, expenses of $1.9M, and assets of $5.1M (revenue +93.5% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.7M, and assets of $4.7M (revenue +46.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $2.2M, and assets of $4.7M (revenue -52.5% year-over-year).
- 2019: Revenue of $2.2M, expenses of $2.1M, and assets of $5.2M (revenue -35.6% year-over-year).
- 2018: Revenue of $3.5M, expenses of $1.9M, and assets of $5.0M (revenue +37.4% year-over-year).
- 2017: Revenue of $2.5M, expenses of $1.7M, and assets of $3.7M (revenue +20.2% year-over-year).
- 2016: Revenue of $2.1M, expenses of $1.7M, and assets of $2.6M (revenue +16.8% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.8M, and assets of $2.3M (revenue -1.6% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.8M, and assets of $2.2M (revenue -8.0% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.7M, and assets of $2.2M (revenue +26.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.5M, and assets of $1.9M (revenue +10.9% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.6M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cooleys Anemia Foundation Inc:
Data Sources and Methodology
This transparency report for Cooleys Anemia 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.