Naomi And Nehemiah Cohen Foundation Virginia Corporation
Naomi And Nehemiah Cohen Foundation consistently spends more than it earns in recent years, drawing on substantial assets.
EIN: 201135004 · Bethesda, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $48.1M |
| Total Expenses | $6.9M |
| Program Spending | 90% |
| Net Assets | $89.4M |
| Transparency Score | 85/100 |
Is Naomi And Nehemiah Cohen Foundation Virginia Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Naomi And Nehemiah Cohen Foundation Virginia Corporation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Naomi And Nehemiah Cohen Foundation Virginia Corporation
Naomi And Nehemiah Cohen Foundation Virginia Corporation (EIN: 201135004) is a nonprofit organization based in Bethesda, MD, classified under NTEE code T22. The organization reported total revenue of $48.1M and total assets of $95.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Naomi And Nehemiah Cohen Foundation Virginia Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Naomi And Nehemiah Cohen Foundation Virginia Corporation is a large nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $6.9M |
| Surplus / Deficit | $-3,326,226 |
| Total Assets | $89.4M |
| Total Liabilities | $18K |
| Net Assets | $89.4M |
| Operating Margin | -93.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 155.8 months |
Financial Health Grade: B
In 2023, Naomi And Nehemiah Cohen Foundation Virginia Corporation reported a deficit of $3.3M with expenses exceeding revenue, holds 155.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Naomi And Nehemiah Cohen Foundation Virginia Corporation's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.3% | +4.6% | +2.6% |
| 2022 | -54.1% | +13.3% | -18.1% |
| 2021 | +183.8% | -12.9% | +12.2% |
| 2020 | -27.0% | +30.4% | +14.5% |
| 2019 | +21.2% | +1.3% | +10.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Naomi And Nehemiah Cohen Foundation Virginia Corporation with a Mission Score of 85 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, Naomi And Nehemiah Cohen Foundation Virginia Corporation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is a positive sign for resource allocation directly to mission.
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 Naomi And Nehemiah Cohen Foundation Virginia Corporation's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $6.8M vs. revenue $3.5M)
- Significant increase in liabilities in 2023 to $17,576 from $5,294 in 2022.
Strengths
The following positive indicators were identified for Naomi And Nehemiah Cohen Foundation Virginia Corporation:
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Substantial and growing asset base, reaching $89,403,444 in 2023, providing financial stability.
- Consistent IRS 990 filing history (10 filings), demonstrating transparency.
- Strong program spending ratio (estimated 90%).
Frequently Asked Questions about Naomi And Nehemiah Cohen Foundation Virginia Corporation
Is Naomi And Nehemiah Cohen Foundation Virginia Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Naomi And Nehemiah Cohen Foundation Virginia Corporation (EIN: 201135004) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Naomi And Nehemiah Cohen Foundation Virginia Corporation spend its money?
Naomi And Nehemiah Cohen Foundation Virginia Corporation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Naomi And Nehemiah Cohen Foundation Virginia Corporation tax-deductible?
Naomi And Nehemiah Cohen Foundation Virginia Corporation is registered as a tax-exempt nonprofit (EIN: 201135004). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Naomi And Nehemiah Cohen Foundation Virginia Corporation's spending goes to programs?
Naomi And Nehemiah Cohen Foundation Virginia Corporation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Naomi And Nehemiah Cohen Foundation Virginia Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Naomi And Nehemiah Cohen Foundation Virginia Corporation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Naomi And Nehemiah Cohen Foundation Virginia Corporation located?
Naomi And Nehemiah Cohen Foundation Virginia Corporation is headquartered in Bethesda, Maryland and files with the IRS under EIN 201135004. It is classified under NTEE code T22.
How many years of IRS 990 filings does Naomi And Nehemiah Cohen Foundation Virginia Corporation have?
Naomi And Nehemiah Cohen Foundation Virginia Corporation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $48.1M in total revenue.
Is Naomi And Nehemiah Cohen Foundation a good charity?
The foundation appears to be a good charity, particularly given its strong program spending (estimated 90%) and zero officer compensation. However, potential donors should be aware of the recent trend where expenses have exceeded revenue, which could impact long-term financial health if not addressed.
What is the trend in the foundation's revenue and expenses?
The foundation's revenue has fluctuated, with a high of $12,590,743 in 2021 and a low of $3,461,998 in 2011. In recent years (2022 and 2023), expenses have consistently exceeded revenue, for example, $6,887,769 in expenses against $3,561,543 in revenue in 2023.
How has the foundation's asset base changed over time?
The foundation has maintained a strong asset base, growing from $73,324,358 in 2011 to $89,403,444 in 2023, with a peak of $106,455,928 in 2021. This indicates a robust endowment.
Filing History
IRS 990 filing history for Naomi And Nehemiah Cohen Foundation Virginia Corporation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Naomi And Nehemiah Cohen Foundation Virginia Corporation's revenue has grown by 2.9%, moving from $3.5M to $3.6M. Total assets increased by 21.9% over the same period, from $73.3M to $89.4M. Total functional expenses rose by 59.8%, from $4.3M to $6.9M. In its most recent filing year (2023), Naomi And Nehemiah Cohen Foundation Virginia Corporation reported a deficit of $3.3M, with expenses exceeding revenue. The organization holds $18K in liabilities against $89.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $89.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $6.9M | $89.4M | $18K | — | View 990 |
| 2022 | $5.8M | $6.6M | $87.1M | $5K | — | View 990 |
| 2021 | $12.6M | $5.8M | $106.5M | $2K | — | View 990 |
| 2020 | $4.4M | $6.7M | $94.9M | $669 | — | — |
| 2019 | $6.1M | $5.1M | $82.8M | $0 | — | View 990 |
| 2015 | $5.0M | $5.0M | $74.8M | $0 | — | View 990 |
| 2014 | $6.1M | $5.1M | $74.9M | $0 | — | View 990 |
| 2013 | $4.7M | $4.2M | $73.9M | $0 | — | View 990 |
| 2012 | $4.3M | $4.2M | $73.4M | $0 | — | View 990 |
| 2011 | $3.5M | $4.3M | $73.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $6.9M, and assets of $89.4M (revenue -38.3% year-over-year).
- 2022: Revenue of $5.8M, expenses of $6.6M, and assets of $87.1M (revenue -54.1% year-over-year).
- 2021: Revenue of $12.6M, expenses of $5.8M, and assets of $106.5M (revenue +183.8% year-over-year).
- 2020: Revenue of $4.4M, expenses of $6.7M, and assets of $94.9M (revenue -27.0% year-over-year).
- 2019: Revenue of $6.1M, expenses of $5.1M, and assets of $82.8M (revenue +21.2% year-over-year).
- 2015: Revenue of $5.0M, expenses of $5.0M, and assets of $74.8M (revenue -18.0% year-over-year).
- 2014: Revenue of $6.1M, expenses of $5.1M, and assets of $74.9M (revenue +31.1% year-over-year).
- 2013: Revenue of $4.7M, expenses of $4.2M, and assets of $73.9M (revenue +8.5% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.2M, and assets of $73.4M (revenue +24.1% year-over-year).
- 2011: Revenue of $3.5M, expenses of $4.3M, and assets of $73.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Naomi And Nehemiah Cohen Foundation Virginia Corporation:
Data Sources and Methodology
This transparency report for Naomi And Nehemiah Cohen Foundation Virginia Corporation 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.