Leon And Toby Cooperman Family Foundation

Leon And Toby Cooperman Family Foundation consistently grows assets and directs all reported expenses to programs, with no officer compensation.

EIN: 133102941 · Boca Raton, FL · Updated: 2026-03-28

$188.7MRevenue
$580.6MAssets
95/100Mission Score (Excellent)

Is Leon And Toby Cooperman Family Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Leon And Toby Cooperman Family Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Leon And Toby Cooperman Family Foundation

Leon And Toby Cooperman Family Foundation (EIN: 133102941) is a nonprofit organization based in Boca Raton, FL. The organization reported total revenue of $188.7M and total assets of $580.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Leon And Toby Cooperman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

44Years Operating
MajorSize Classification
10Years of Filings
MixedRevenue Trajectory

Leon And Toby Cooperman Family Foundation is a major nonprofit that has been operating for 44 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.5%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$38.4M
Total Expenses$20.4M
Surplus / Deficit+$18.0M
Total Assets$433.7M
Total Liabilities$599K
Net Assets$433.1M
Operating Margin46.8%
Debt-to-Asset Ratio0.1%
Months of Reserves254.5 months

Financial Health Grade: A

In 2024, Leon And Toby Cooperman Family Foundation reported a surplus of $18.0M with revenue exceeding expenses, holds 254.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).

Financial Trends

Over 10 years of filings (2012–2024), Leon And Toby Cooperman Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.

YearRevenue ChangeExpense ChangeAsset Change
2024-25.7%-43.4%+4.5%
2023+79.4%+20.4%+3.9%
2022+49.0%+28.9%-0.3%
2021-52.7%-2.4%-2.1%
2020-9.0%+51.2%+30.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1982

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Leon And Toby Cooperman Family Foundation demonstrates strong financial health, with its assets growing significantly from $147 million in 2012 to over $580 million currently. The foundation consistently maintains a healthy surplus of revenue over expenses in most years, indicating robust financial management and capacity for future grantmaking. For example, in 2024, revenue was $38.4 million against expenses of $20.4 million, allowing for substantial asset growth. Regarding spending efficiency, as a family foundation, its primary function is grantmaking, which is reflected in its operational model. The absence of reported officer compensation across all filings suggests a highly efficient administrative structure, likely relying on volunteer efforts or external management not directly compensated as officers. This contributes to a very high program spending ratio, as nearly all expenses are directed towards its charitable purpose. Transparency is generally good, with consistent IRS 990 filings available. The foundation's financial statements show clear growth and consistent philanthropic activity. The lack of reported officer compensation is a key indicator of efficiency and a focus on mission-related spending, which enhances its transparency profile by demonstrating that funds are not being diverted to executive salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Leon And Toby Cooperman Family Foundation with a Mission Score of 95 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

According to IRS 990 filings, Leon And Toby Cooperman Family Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$38.4MTotal Revenue
$20.4MTotal Expenses
$433.7MTotal Assets
$599KTotal Liabilities
$433.1MNet Assets

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers are compensated directly by the foundation. This suggests a highly efficient operational model where leadership may be volunteer-based or compensated through other entities, allowing nearly all expenses to be directed towards the foundation's charitable programs.

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 Leon And Toby Cooperman Family Foundation's IRS 990 filings:

Strengths

The following positive indicators were identified for Leon And Toby Cooperman Family Foundation:

Frequently Asked Questions about Leon And Toby Cooperman Family Foundation

Is Leon And Toby Cooperman Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Leon And Toby Cooperman Family Foundation (EIN: 133102941) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.

How does Leon And Toby Cooperman Family Foundation spend its money?

Leon And Toby Cooperman Family Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Leon And Toby Cooperman Family Foundation tax-deductible?

Leon And Toby Cooperman Family Foundation is registered as a tax-exempt nonprofit (EIN: 133102941). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is the Leon And Toby Cooperman Family Foundation a good charity?

Yes, based on the available IRS 990 data, the Leon And Toby Cooperman Family Foundation appears to be a very good charity. It consistently directs 100% of its reported expenses to programs (as no officer compensation is reported), maintains strong financial health with growing assets, and demonstrates consistent philanthropic activity.

How has the foundation's asset base changed over time?

The foundation's assets have grown substantially, from $147,226,540 in 2012 to $580,603,240 currently, indicating strong financial stewardship and growth in its endowment.

What is the foundation's spending efficiency?

The foundation exhibits extremely high spending efficiency, with 100% of its reported expenses allocated to program services, as there is no officer compensation reported in any of the filings.

Filing History

IRS 990 filing history for Leon And Toby Cooperman Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2012–2024), Leon And Toby Cooperman Family Foundation's revenue has grown by 20.1%, moving from $32.0M to $38.4M. Total assets increased by 194.6% over the same period, from $147.2M to $433.7M. Total functional expenses rose by 150.2%, from $8.2M to $20.4M. In its most recent filing year (2024), Leon And Toby Cooperman Family Foundation reported a surplus of $18.0M, with revenue exceeding expenses. The organization holds $599K in liabilities against $433.7M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $433.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $38.4M $20.4M $433.7M $599K View 990
2023 $51.7M $36.1M $415.1M $1 View 990
2022 $28.8M $30.0M $399.5M $1 View 990
2021 $19.3M $23.3M $400.7M $1
2020 $40.9M $23.9M $409.3M $1 View 990
2016 $44.9M $15.8M $313.2M $1 View 990
2015 $63.1M $19.3M $287.0M $0 View 990
2014 $108.3M $20.7M $243.4M $0 View 990
2013 $60.1M $9.8M $196.4M $0 View 990
2012 $32.0M $8.2M $147.2M $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Leon And Toby Cooperman Family Foundation:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Leon And Toby Cooperman Family 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.

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