2Cobs Private Charitable Foundation

Nonprofit profile at a glance

EIN
203738037
IRS 990-PF coverage
2011–2024
Forms available
Form 990-PF 2024
Location
Winfield, AL, USA
Phone
4802599868
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Private Independent Foundations

Reported finances

Revenue
$27,400
Expenses
$87,409

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Private Independent Foundations

What it reported funding in 2024

The foundation reported 6 grants totaling $79,411. The stated grant purposes included charitable donation, charitble donation, and charitable donations.

Operating model

Revenue model
Investment-supported. 80% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 91
  • Transparency: 100
  • Compliance: 50
  • Endowment Health: 16

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 89th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 91.4%; rating input score 91; 76th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 7.01; rating input score 16; 16th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: Filed self-dealing detail
  • Investments: 16th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 11 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 6 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Endowment Health: Endowment-health comparison scored 16/100.