The Cordeiro Family Foundation
The Cordeiro Family Foundation maintains strong assets and minimal liabilities with no reported officer compensation.
EIN: 133926136 · Ketchum, ID · NTEE: T20J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $448K |
| Total Expenses | $44K |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is The Cordeiro Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Cordeiro Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Cordeiro Family Foundation
The Cordeiro Family Foundation (EIN: 133926136) is a nonprofit organization based in Ketchum, ID, classified under NTEE code T20J. The organization reported total revenue of $448K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Cordeiro Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Cordeiro Family Foundation is a small nonprofit that has been operating for 28 years, with 8 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $44K |
| Surplus / Deficit | +$64K |
| Total Assets | $1.5M |
| Total Liabilities | $1 |
| Net Assets | $1.5M |
| Operating Margin | 59.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 421.6 months |
Financial Health Grade: A
In 2023, The Cordeiro Family Foundation reported a surplus of $64K with revenue exceeding expenses, holds 421.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 8 years of filings (2012–2023), The Cordeiro Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.3% | -81.5% | +4.3% |
| 2022 | -76.9% | +1.1% | -2.6% |
| 2021 | +86.5% | +73.0% | +25.7% |
| 2020 | -32.5% | +8.1% | -30.9% |
| 2015 | +3.0% | -90.6% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 The Cordeiro Family Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Cordeiro Family Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Cordeiro Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is likely unpaid. This practice significantly reduces administrative overhead, allowing a greater proportion of funds to be directed towards the organization's charitable 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 The Cordeiro Family Foundation's IRS 990 filings:
- Significant expense exceeding revenue in 2014 ($1,340,724 expenses vs. $661,095 revenue) without immediate explanation in summary data.
Strengths
The following positive indicators were identified for The Cordeiro Family Foundation:
- Consistent maintenance of substantial assets, currently $1,731,443.
- Extremely low liabilities, consistently reported as $1 or $0, indicating strong financial stability.
- 0% officer compensation reported across all filings, suggesting efficient use of funds for mission.
- Generally prudent expense management relative to revenue in most years.
- Long filing history (8 filings) indicating sustained operation.
Frequently Asked Questions about The Cordeiro Family Foundation
Is The Cordeiro Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Cordeiro Family Foundation (EIN: 133926136) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does The Cordeiro Family Foundation spend its money?
The Cordeiro Family Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Cordeiro Family Foundation tax-deductible?
The Cordeiro Family Foundation is registered as a tax-exempt nonprofit (EIN: 133926136). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Cordeiro Family Foundation's spending goes to programs?
The Cordeiro Family Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Cordeiro Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Cordeiro Family Foundation is above average for NTEE category T20J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Cordeiro Family Foundation located?
The Cordeiro Family Foundation is headquartered in Ketchum, Idaho and files with the IRS under EIN 133926136. It is classified under NTEE code T20J.
How many years of IRS 990 filings does The Cordeiro Family Foundation have?
The Cordeiro Family Foundation has 8 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 $448K in total revenue.
What are the specific programs or grants funded by The Cordeiro Family Foundation?
The provided IRS 990 data does not detail specific programs or grants. Further investigation into their public filings or website would be needed to understand their programmatic activities.
What caused the significant expense increase in 2014, where expenses ($1,340,724) exceeded revenue ($661,095)?
The provided data does not specify the reason for the substantial expense increase in 2014. This could be due to a large one-time grant, investment losses, or significant operational costs, which would require reviewing the full 990 form for that period.
How does the foundation generate its revenue, given the fluctuations observed?
The revenue fluctuations (e.g., $857,484 in 2021 vs. $108,294 in 2023) suggest a reliance on varied sources, potentially including investment income, contributions, or a combination. The 990 forms would provide a breakdown of revenue sources.
Filing History
IRS 990 filing history for The Cordeiro Family Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2023), The Cordeiro Family Foundation's revenue has declined by 22.7%, moving from $140K to $108K. Total assets decreased by 26.2% over the same period, from $2.1M to $1.5M. Total functional expenses fell by 63.7%, from $121K to $44K. In its most recent filing year (2023), The Cordeiro Family Foundation reported a surplus of $64K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $108K | $44K | $1.5M | $1 | — | View 990 |
| 2022 | $198K | $238K | $1.5M | $1 | — | View 990 |
| 2021 | $857K | $235K | $1.5M | $1 | — | View 990 |
| 2020 | $460K | $136K | $1.2M | $1 | — | View 990 |
| 2015 | $681K | $126K | $1.8M | $1 | — | View 990 |
| 2014 | $661K | $1.3M | $1.6M | $0 | — | View 990 |
| 2013 | $367K | $170K | $2.3M | $1 | — | View 990 |
| 2012 | $140K | $121K | $2.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $108K, expenses of $44K, and assets of $1.5M (revenue -45.3% year-over-year).
- 2022: Revenue of $198K, expenses of $238K, and assets of $1.5M (revenue -76.9% year-over-year).
- 2021: Revenue of $857K, expenses of $235K, and assets of $1.5M (revenue +86.5% year-over-year).
- 2020: Revenue of $460K, expenses of $136K, and assets of $1.2M (revenue -32.5% year-over-year).
- 2015: Revenue of $681K, expenses of $126K, and assets of $1.8M (revenue +3.0% year-over-year).
- 2014: Revenue of $661K, expenses of $1.3M, and assets of $1.6M (revenue +80.2% year-over-year).
- 2013: Revenue of $367K, expenses of $170K, and assets of $2.3M (revenue +161.9% year-over-year).
- 2012: Revenue of $140K, expenses of $121K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Cordeiro Family Foundation:
Data Sources and Methodology
This transparency report for The Cordeiro 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.