Copeland Family Foundation Inc
Copeland Family Foundation: Strong Asset Base, Inconsistent Revenue
EIN: 222474056 · Milton, MA · Updated: 2026-04-04
About Copeland Family Foundation Inc
Copeland Family Foundation Inc (EIN: 222474056) is a nonprofit organization based in Milton, MA. The organization reported total revenue of $11.4M and total assets of $43.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Copeland Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Copeland 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Copeland Family 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.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, suggesting either volunteer leadership or that compensation is handled through a related entity not detailed in these specific filings.
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 Copeland Family Foundation Inc's IRS 990 filings:
- Significant fluctuations in revenue, including a negative revenue of -$340,410 in 2022, warrant further investigation into the source and stability of funding.
- The consistent reporting of $0 for executive compensation may obscure the true cost of leadership or indicate a reliance on external, undisclosed support for key personnel.
Strengths
The following positive indicators were identified for Copeland Family Foundation Inc:
- Maintains a substantial asset base, with assets consistently above $40 million, indicating financial stability and capacity for grantmaking.
- Low administrative and fundraising expenses, suggesting efficient operations and a focus on program delivery.
- Consistent reporting of financial data through publicly available filings.
Frequently Asked Questions about Copeland Family Foundation Inc
What does Copeland Family Foundation Inc do?
Copeland Family Foundation Inc is a nonprofit organization in the Unknown sector, located in Milton, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Copeland Family Foundation Inc have?
Copeland Family Foundation Inc reported total revenue of $11,381,756. Based on 10 IRS 990 filings on record.
What are Copeland Family Foundation Inc's total assets?
Copeland Family Foundation Inc holds total assets of $43,197,545 as reported in IRS 990 filings.
Where is Copeland Family Foundation Inc located?
Copeland Family Foundation Inc is based in Milton, Massachusetts.
What is Copeland Family Foundation Inc's EIN?
Copeland Family Foundation Inc's Employer Identification Number (EIN) is 222474056. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Copeland Family Foundation Inc?
Copeland Family Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Copeland Family Foundation Inc a registered 501(c)(3)?
Copeland Family Foundation Inc appears in IRS records (EIN: 222474056). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Copeland Family Foundation Inc file IRS Form 990?
Yes, Copeland Family Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Copeland Family Foundation Inc's revenue in 2023?
In the 202312 filing period, Copeland Family Foundation Inc reported total revenue of $763,982, total expenses of $2,567,336, and net assets of $42,694,967.
Is Copeland Family Foundation Inc's revenue growing or declining?
Copeland Family Foundation Inc's revenue is relatively stable. Revenue went from $-340,410 (202212) to $763,982 (202312), a 0.0% change. Based on 10 filings on record.
What is Copeland Family Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Copeland Family Foundation Inc covers tax period 202312. It shows revenue of $763,982, expenses of $2,567,336, total assets of $42,694,967, and liabilities of $20,000.
How much does Copeland Family Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Copeland Family Foundation Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Copeland Family Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Copeland Family Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Copeland Family Foundation Inc?
The following concerns were identified: Significant fluctuations in revenue, including a negative revenue of -$340,410 in 2022, warrant further investigation into the source and stability of funding.. The consistent reporting of $0 for executive compensation may obscure the true cost of leadership or indicate a reliance on external, undisclosed support for key personnel.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Copeland Family Foundation Inc's strengths?
Positive indicators for Copeland Family Foundation Inc include: Maintains a substantial asset base, with assets consistently above $40 million, indicating financial stability and capacity for grantmaking.. Low administrative and fundraising expenses, suggesting efficient operations and a focus on program delivery.. Consistent reporting of financial data through publicly available filings.. These findings are derived from AI analysis of the organization's financial filings.
How does Copeland Family Foundation Inc compensate executives?
Executive compensation is consistently reported as $0 across all available filings, suggesting either volunteer leadership or that compensation is handled through a related entity not detailed in these specific filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What is the primary source of the significant revenue fluctuations, particularly the negative revenue reported in 2022?
The provided data does not specify the exact source of revenue or the nature of the negative revenue in 2022. This could be due to investment losses, significant asset revaluations, or specific accounting adjustments not detailed in the summary data.
Given the consistent $0 executive compensation, how does the foundation ensure effective leadership and management?
The consistent $0 executive compensation suggests that leadership may be entirely volunteer-based, or that compensation for key personnel is covered by a separate entity or individual, which is not disclosed within these specific financial summaries. This model could be sustainable if board members or external supporters provide pro-bono services or funding for management.
Filing History
IRS 990 filing history for Copeland Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Copeland Family Foundation Inc's revenue has declined by 59.4%, moving from $1.9M to $764K. Total assets increased by 20.5% over the same period, from $35.4M to $42.7M. Total functional expenses rose by 35.7%, from $1.9M to $2.6M. In its most recent filing year (2023), Copeland Family Foundation Inc reported a deficit of $1.8M, with expenses exceeding revenue. The organization holds $20K in liabilities against $42.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $42.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $764K | $2.6M | $42.7M | $20K | — | View 990 |
| 2022 | $-340,410 | $1.9M | $40.3M | $20K | — | View 990 |
| 2021 | $2.7M | $2.0M | $47.5M | $20K | — | View 990 |
| 2020 | $1.9M | $2.0M | $45.3M | $19K | — | View 990 |
| 2019 | $1.4M | $1.9M | $41.8M | $19K | — | View 990 |
| 2015 | $3.0M | $2.6M | $37.6M | $20K | — | View 990 |
| 2014 | $2.8M | $1.9M | $40.5M | $35K | — | View 990 |
| 2013 | $3.1M | $2.2M | $40.2M | $28K | — | View 990 |
| 2012 | $1.7M | $2.0M | $37.0M | $19K | — | View 990 |
| 2011 | $1.9M | $1.9M | $35.4M | $20K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $764K, expenses of $2.6M, and assets of $42.7M.
- 2022: Revenue of $-340,410, expenses of $1.9M, and assets of $40.3M (revenue -112.6% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.0M, and assets of $47.5M (revenue +41.3% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.0M, and assets of $45.3M (revenue +40.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.9M, and assets of $41.8M (revenue -55.1% year-over-year).
- 2015: Revenue of $3.0M, expenses of $2.6M, and assets of $37.6M (revenue +9.8% year-over-year).
- 2014: Revenue of $2.8M, expenses of $1.9M, and assets of $40.5M (revenue -12.2% year-over-year).
- 2013: Revenue of $3.1M, expenses of $2.2M, and assets of $40.2M (revenue +84.8% year-over-year).
- 2012: Revenue of $1.7M, expenses of $2.0M, and assets of $37.0M (revenue -9.8% year-over-year).
- 2011: Revenue of $1.9M, expenses of $1.9M, and assets of $35.4M.
Data Sources and Methodology
This transparency report for Copeland 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.