Coriell Institute For Medical Research Inc
Coriell Institute For Medical Research Inc shows consistent revenue growth and stable assets with no reported officer compensation.
EIN: 210672684 · Camden, NJ · NTEE: U500 · Updated: 2026-03-28
Is Coriell Institute For Medical Research Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Coriell Institute For Medical Research Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Coriell Institute For Medical Research Inc
Coriell Institute For Medical Research Inc (EIN: 210672684) is a nonprofit organization based in Camden, NJ, classified under NTEE code U500. The organization reported total revenue of $32.1M and total assets of $33.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Coriell Institute For Medical Research 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 Coriell Institute For Medical Research Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Coriell Institute For Medical Research Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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, which is highly unusual for an organization of this size with annual revenues exceeding $20 million. This either indicates exceptional efficiency in leadership compensation or a reporting anomaly.
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 Coriell Institute For Medical Research Inc's IRS 990 filings:
- Unusually low or 0% reported officer compensation, which may warrant further investigation into how leadership costs are categorized or reported.
Strengths
The following positive indicators were identified for Coriell Institute For Medical Research Inc:
- Consistent revenue growth, reaching $23.4 million in 2023.
- Strong asset base, with assets consistently above $27 million.
- Healthy asset-to-liability ratio, indicating financial solvency.
- Reported 0% officer compensation, suggesting high efficiency in leadership costs or strong commitment to mission.
- Generally operates with a surplus or managed deficits, indicating sound financial management.
Frequently Asked Questions about Coriell Institute For Medical Research Inc
Is Coriell Institute For Medical Research Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Coriell Institute For Medical Research Inc (EIN: 210672684) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Coriell Institute For Medical Research Inc spend its money?
Coriell Institute For Medical Research Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Coriell Institute For Medical Research Inc tax-deductible?
Coriell Institute For Medical Research Inc is registered as a tax-exempt nonprofit (EIN: 210672684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Coriell Institute For Medical Research Inc a good charity?
Based on the provided financial data, Coriell Institute For Medical Research Inc appears to be a good charity. It demonstrates strong financial health with consistent revenue and asset growth, and notably reports 0% officer compensation, suggesting a high dedication to its mission and efficient use of funds.
How has Coriell Institute For Medical Research Inc's revenue trended over time?
Coriell Institute For Medical Research Inc's revenue has shown a positive trend, increasing from around $16-18 million in earlier years (e.g., $16,129,416 in 2020) to over $23 million in the most recent filings ($23,412,391 in 2023).
What is the organization's asset-to-liability ratio?
In the most recent period (202306), Coriell Institute For Medical Research Inc had assets of $29,676,741 and liabilities of $6,863,084, resulting in a healthy asset-to-liability ratio of approximately 4.32:1.
Is the organization financially stable?
Yes, the organization appears financially stable. It consistently maintains significant assets (over $27 million in recent years) and generates substantial revenue, often operating with a surplus, as seen in 2023 with revenue of $23,412,391 exceeding expenses of $22,296,737.
Filing History
IRS 990 filing history for Coriell Institute For Medical Research Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Coriell Institute For Medical Research Inc's revenue has grown by 26.4%, moving from $18.5M to $23.4M. Total assets decreased by 23.4% over the same period, from $38.7M to $29.7M. Total functional expenses rose by 24.5%, from $17.9M to $22.3M. In its most recent filing year (2023), Coriell Institute For Medical Research Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $6.9M in liabilities against $29.7M in assets (debt-to-asset ratio: 23.1%), resulting in net assets of $22.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $23.4M | $22.3M | $29.7M | $6.9M | — | — |
| 2022 | $23.3M | $20.3M | $27.6M | $6.0M | — | View 990 |
| 2021 | $17.3M | $18.1M | $28.4M | $6.5M | — | — |
| 2020 | $16.1M | $17.9M | $28.6M | $7.0M | — | View 990 |
| 2019 | $16.2M | $17.9M | $29.7M | $6.6M | — | View 990 |
| 2018 | $18.1M | $18.7M | $29.6M | $7.9M | — | View 990 |
| 2017 | $19.1M | $18.5M | $31.8M | $9.5M | — | View 990 |
| 2016 | $17.8M | $20.4M | $34.4M | $13.1M | — | View 990 |
| 2015 | $20.4M | $21.8M | $39.6M | $14.9M | — | View 990 |
| 2014 | $18.6M | $20.3M | $37.9M | $11.6M | — | View 990 |
| 2013 | $20.5M | $20.5M | $38.8M | $11.1M | — | View 990 |
| 2012 | $20.6M | $19.4M | $39.0M | $12.1M | — | View 990 |
| 2011 | $18.5M | $17.9M | $38.7M | $12.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.4M, expenses of $22.3M, and assets of $29.7M (revenue +0.6% year-over-year).
- 2022: Revenue of $23.3M, expenses of $20.3M, and assets of $27.6M (revenue +34.9% year-over-year).
- 2021: Revenue of $17.3M, expenses of $18.1M, and assets of $28.4M (revenue +7.0% year-over-year).
- 2020: Revenue of $16.1M, expenses of $17.9M, and assets of $28.6M (revenue -0.6% year-over-year).
- 2019: Revenue of $16.2M, expenses of $17.9M, and assets of $29.7M (revenue -10.3% year-over-year).
- 2018: Revenue of $18.1M, expenses of $18.7M, and assets of $29.6M (revenue -5.3% year-over-year).
- 2017: Revenue of $19.1M, expenses of $18.5M, and assets of $31.8M (revenue +7.4% year-over-year).
- 2016: Revenue of $17.8M, expenses of $20.4M, and assets of $34.4M (revenue -12.9% year-over-year).
- 2015: Revenue of $20.4M, expenses of $21.8M, and assets of $39.6M (revenue +9.7% year-over-year).
- 2014: Revenue of $18.6M, expenses of $20.3M, and assets of $37.9M (revenue -9.1% year-over-year).
- 2013: Revenue of $20.5M, expenses of $20.5M, and assets of $38.8M (revenue -0.5% year-over-year).
- 2012: Revenue of $20.6M, expenses of $19.4M, and assets of $39.0M (revenue +11.1% year-over-year).
- 2011: Revenue of $18.5M, expenses of $17.9M, and assets of $38.7M.
Data Sources and Methodology
This transparency report for Coriell Institute For Medical Research 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.