Frederic R Coudert Foundation

Frederic R Coudert Foundation maintains substantial assets while consistently reporting zero officer compensation.

EIN: 137180778 · Oyster Bay, NY · NTEE: T20 · Updated: 2026-03-28

$5.6MRevenue

$23.3MAssets

75/100Mission Score (Good)

T20

About Frederic R Coudert Foundation

Frederic R Coudert Foundation (EIN: 137180778) is a nonprofit organization based in Oyster Bay, NY, classified under NTEE code T20. The organization reported total revenue of $5.6M and total assets of $23.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frederic R Coudert Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Frederic R Coudert Foundation demonstrates a consistent financial structure, primarily operating as a grant-making organization given its NTEE code T20 (Private Grantmaking Foundations). Its assets have shown significant growth over the past decade, increasing from $7,090,653 in 2011 to $22,870,686 in 2023, indicating strong financial stewardship and investment performance. The foundation consistently reports minimal liabilities ($1 across all filings), suggesting a very healthy balance sheet and low financial risk. 

However, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, which is crucial for a comprehensive assessment of spending efficiency. Without this information, it's challenging to determine the percentage of funds directly supporting its mission versus overhead. The foundation consistently reports 0% officer compensation, which is a positive indicator for resource allocation, as it suggests that leadership is either unpaid or compensated through other means not categorized as 'officer compensation' in these filings. The fluctuating revenue and expenses, with expenses often exceeding revenue in recent years (e.g., 2023: Revenue $1,230,188, Expenses $2,014,999), suggest that the foundation primarily operates by distributing grants from its substantial asset base rather than relying solely on annual contributions.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Frederic R Coudert 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: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Frederic R Coudert Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through mechanisms not classified as officer compensation, which is a positive sign for resource allocation relative to its substantial asset base of over $22 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 Frederic R Coudert Foundation's IRS 990 filings:

Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering efficiency analysis.
Expenses frequently exceed revenue, indicating reliance on asset drawdowns, which while common for foundations, warrants monitoring.

Strengths

The following positive indicators were identified for Frederic R Coudert Foundation:

Strong and growing asset base, increasing from $7,090,653 in 2011 to $22,870,686 in 2023.
Consistently reports 0% officer compensation, indicating efficient use of funds at the leadership level.
Minimal liabilities ($1 across all filings) demonstrating excellent financial health and low risk.
Consistent filing history over a decade, indicating transparency and compliance.

Frequently Asked Questions about Frederic R Coudert Foundation

Is the Frederic R Coudert Foundation a good charity?

Based on the available data, the foundation appears to be financially sound with substantial assets and no reported officer compensation. However, without a detailed breakdown of program vs. administrative expenses, a full assessment of its 'goodness' in terms of spending efficiency is limited.

How does the foundation manage its expenses given that expenses often exceed revenue?

The foundation likely manages its expenses, which have exceeded revenue in several recent years (e.g., 2023 expenses $2,014,999 vs. revenue $1,230,188), by drawing from its significant asset base, which stood at $22,870,686 in 2023. This is common for grant-making foundations that distribute funds from their endowments.

What is the primary purpose of the Frederic R Coudert Foundation?

Given its NTEE code T20, the Frederic R Coudert Foundation is classified as a Private Grantmaking Foundation, meaning its primary purpose is to provide grants to other organizations or individuals to further charitable causes.

Filing History

IRS 990 filing history for Frederic R Coudert Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Frederic R Coudert Foundation's revenue has grown by 1209.7%, moving from $94K to $1.2M. Total assets increased by 222.5% over the same period, from $7.1M to $22.9M. Total functional expenses rose by 264.6%, from $553K to $2.0M. In its most recent filing year (2023), Frederic R Coudert Foundation reported a deficit of $785K, with expenses exceeding revenue. The organization holds $1 in liabilities against $22.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $22.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.2M	$2.0M	$22.9M	$1	—	View 990
2022	$815K	$2.0M	$23.7M	$1	—	View 990
2021	$4.1M	$2.1M	$24.9M	$1	—	—
2020	$2.0M	$1.9M	$22.8M	$1	—	—
2019	$974K	$1.7M	$22.7M	$1	—	View 990
2015	$378K	$809K	$9.0M	$1	—	View 990
2014	$914K	$892K	$9.4M	$1	—	View 990
2013	$2.0M	$712K	$9.4M	$1	—	View 990
2012	$1.9M	$600K	$7.9M	$1	—	View 990
2011	$94K	$553K	$7.1M	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.2M, expenses of $2.0M, and assets of $22.9M (revenue +50.9% year-over-year).
2022: Revenue of $815K, expenses of $2.0M, and assets of $23.7M (revenue -80.2% year-over-year).
2021: Revenue of $4.1M, expenses of $2.1M, and assets of $24.9M (revenue +110.7% year-over-year).
2020: Revenue of $2.0M, expenses of $1.9M, and assets of $22.8M (revenue +100.7% year-over-year).
2019: Revenue of $974K, expenses of $1.7M, and assets of $22.7M (revenue +157.6% year-over-year).
2015: Revenue of $378K, expenses of $809K, and assets of $9.0M (revenue -58.6% year-over-year).
2014: Revenue of $914K, expenses of $892K, and assets of $9.4M (revenue -55.2% year-over-year).
2013: Revenue of $2.0M, expenses of $712K, and assets of $9.4M (revenue +8.2% year-over-year).
2012: Revenue of $1.9M, expenses of $600K, and assets of $7.9M (revenue +1905.0% year-over-year).
2011: Revenue of $94K, expenses of $553K, and assets of $7.1M.

Data Sources and Methodology

This transparency report for Frederic R Coudert 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.