Cox Employee Relief Fund Inc
Cox Employee Relief Fund maintains strong assets and zero executive compensation amidst fluctuating revenues.
EIN: 203401306 · Atlanta, GA · NTEE: P60 · Updated: 2026-03-28
Is Cox Employee Relief Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cox Employee Relief Fund Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cox Employee Relief Fund Inc
Cox Employee Relief Fund Inc (EIN: 203401306) is a nonprofit organization based in Atlanta, GA, classified under NTEE code P60. The organization reported total revenue of $2.8M and total assets of $18.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cox Employee Relief Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cox Employee Relief Fund Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $827K |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-664,542 |
| Total Assets | $16.7M |
| Total Liabilities | $99K |
| Net Assets | $16.6M |
| Operating Margin | -80.4% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 134.2 months |
Financial Health Grade: B
In 2023, Cox Employee Relief Fund Inc reported a deficit of $665K with expenses exceeding revenue, holds 134.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cox Employee Relief Fund Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.6% | -5.2% | +7.0% |
| 2022 | -62.2% | -15.0% | -12.8% |
| 2021 | +58.7% | -7.0% | +1.2% |
| 2020 | +38.0% | +29.9% | +9.6% |
| 2019 | +43.6% | -4.4% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Cox Employee Relief Fund 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Cox Employee Relief Fund Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $665K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is highly favorable for a nonprofit of its size with assets over $18 million.
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 Cox Employee Relief Fund Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $3.6M in 2021 vs. $0.8M in 2023)
Strengths
The following positive indicators were identified for Cox Employee Relief Fund Inc:
- Zero reported officer compensation, indicating high efficiency and dedication to mission
- Strong and consistent asset base (over $15 million in all reported years) providing financial stability
- Low liabilities relative to assets, indicating sound financial management
- Consistent program spending despite revenue fluctuations, demonstrating commitment to beneficiaries
Frequently Asked Questions about Cox Employee Relief Fund Inc
Is Cox Employee Relief Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cox Employee Relief Fund Inc (EIN: 203401306) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Cox Employee Relief Fund Inc spend its money?
Cox Employee Relief Fund Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cox Employee Relief Fund Inc tax-deductible?
Cox Employee Relief Fund Inc is registered as a tax-exempt nonprofit (EIN: 203401306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the organization manage significant year-over-year revenue fluctuations, such as the drop from $3.6 million in 2021 to $0.8 million in 2023?
The organization appears to manage revenue fluctuations by maintaining a substantial asset base, which was $17,879,942 in 2021 and $16,675,889 in 2023. This allows them to continue program activities even when annual revenue is lower than expenses, as seen in 2023 where expenses were $1,491,390 against $826,848 in revenue.
What is the primary source of the organization's revenue, given its NTEE code P60 (Employee/Volunteer Relief Funds)?
Given the NTEE code P60 and the name 'Cox Employee Relief Fund Inc.', it is highly probable that the primary source of revenue comes from contributions from employees, the parent company (Cox Enterprises), and potentially related fundraising efforts within the corporate structure.
How does the organization ensure its administrative costs remain so low, given the absence of officer compensation?
The absence of officer compensation suggests that key leadership roles may be filled by volunteers or individuals whose compensation is covered by a related entity (e.g., Cox Enterprises), thereby reducing direct administrative overhead for the relief fund itself.
Filing History
IRS 990 filing history for Cox Employee Relief Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cox Employee Relief Fund Inc's revenue has declined by 79.2%, moving from $4.0M to $827K. Total assets increased by 117.5% over the same period, from $7.7M to $16.7M. Total functional expenses rose by 1390.5%, from $100K to $1.5M. In its most recent filing year (2023), Cox Employee Relief Fund Inc reported a deficit of $665K, with expenses exceeding revenue. The organization holds $99K in liabilities against $16.7M in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $16.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $827K | $1.5M | $16.7M | $99K | — | View 990 |
| 2022 | $1.4M | $1.6M | $15.6M | $114K | — | View 990 |
| 2021 | $3.6M | $1.8M | $17.9M | $129K | — | View 990 |
| 2020 | $2.3M | $2.0M | $17.7M | $79K | — | View 990 |
| 2019 | $1.7M | $1.5M | $16.1M | $46K | — | View 990 |
| 2018 | $1.1M | $1.6M | $15.2M | $57K | — | View 990 |
| 2017 | $1.2M | $1.8M | $16.4M | $61K | — | View 990 |
| 2016 | $770K | $2.6M | $16.1M | $77K | — | View 990 |
| 2015 | $480K | $1.0M | $17.3M | $31K | — | View 990 |
| 2014 | $1.5M | $564K | $18.0M | $24K | — | View 990 |
| 2013 | $5.0M | $415K | $17.6M | $45K | — | View 990 |
| 2012 | $4.1M | $207K | $12.1M | $24K | — | View 990 |
| 2011 | $4.0M | $100K | $7.7M | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $827K, expenses of $1.5M, and assets of $16.7M (revenue -39.6% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.6M, and assets of $15.6M (revenue -62.2% year-over-year).
- 2021: Revenue of $3.6M, expenses of $1.8M, and assets of $17.9M (revenue +58.7% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.0M, and assets of $17.7M (revenue +38.0% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.5M, and assets of $16.1M (revenue +43.6% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.6M, and assets of $15.2M (revenue -0.5% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.8M, and assets of $16.4M (revenue +50.1% year-over-year).
- 2016: Revenue of $770K, expenses of $2.6M, and assets of $16.1M (revenue +60.4% year-over-year).
- 2015: Revenue of $480K, expenses of $1.0M, and assets of $17.3M (revenue -68.9% year-over-year).
- 2014: Revenue of $1.5M, expenses of $564K, and assets of $18.0M (revenue -69.4% year-over-year).
- 2013: Revenue of $5.0M, expenses of $415K, and assets of $17.6M (revenue +22.9% year-over-year).
- 2012: Revenue of $4.1M, expenses of $207K, and assets of $12.1M (revenue +3.4% year-over-year).
- 2011: Revenue of $4.0M, expenses of $100K, and assets of $7.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cox Employee Relief Fund Inc:
Data Sources and Methodology
This transparency report for Cox Employee Relief Fund 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.