Robert H & Monica M Cole Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves
Robert H & Monica M Cole Foundation is a 501(c)(3) organization based in Knoxville, Tennessee, registered in 1978, with $301,318 in FY2024 revenue. CharityIndex grades it D.
515 Market St, Knoxville, TN, 37902 EIN 62-6137973 Since 1978
Revenue (FY2024)
$301K
▲ 15.5% vs prior year
Expenses (FY2024)
$436K
Net assets
$2.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Robert H & Monica M Cole Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating76 mo reserves · -45% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Robert H & Monica M Cole Foundation: 76 mo reserves · -45% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Robert H & Monica M Cole Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Robert H & Monica M Cole Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue declined from $312K (FY2013) to $301K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.8M
Operating margin
-44.6%
Spent more than it raised in the latest fiscal year.
Total assets
$2.8M
Total liabilities
$0
Net assets
$2.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $301,318▲15.5% | $435,832▲11.4% | $2,770,781▼4.7% | $2,770,781▼4.7% | 990PF |
| 2023 | $260,785▼36.8% | $391,316▼4.7% | $2,906,183▼4.3% | $2,906,183▼4.3% | 990PF |
| 2022 | $412,519▲19.4% | $410,644▲1.3% | $3,036,546▲0.1% | $3,036,546▲0.1% | 990PF |
| 2021 | $345,431▲21.5% | $405,429▲8.4% | $3,034,840▼1.8% | $3,034,840▼1.8% | 990PF |
| 2020 | $284,400▲35.1% | $374,165▼13.5% | $3,091,840▼2.9% | $3,091,840▼2.9% | 990PF |
| 2019 | $210,557▼69.2% | $432,329▲7.9% | $3,184,612▼6.5% | $3,184,612▼6.5% | 990PF |
| 2018 | $683,901▲102% | $400,730▼13.6% | $3,406,129▲9.1% | $3,406,129▲9.1% | 990PF |
| 2017 | $338,574▲9.5% | $464,009▲14.1% | $3,121,993▼3.9% | $3,121,993▼3.9% | 990PF |
| 2016 | $309,279▲10.9% | $406,759▲3.8% | $3,248,523▼7.8% | $3,248,523▼7.8% | 990PF |
| 2014 | $278,890▼10.6% | $391,969▼3.4% | $3,522,734▼3.1% | $3,522,734▼3.1% | 990PF |
| 2013 | $311,977 | $405,770▲14.0% | $3,635,813▼2.5% | $3,635,813▼2.5% | 990PF |
| 2012 | — | $355,982▲3.1% | $3,729,606▲1.6% | $3,729,606▲1.6% | 990PF |
| 2011 | — | $345,246 | $3,670,990 | $3,670,990 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Robert H & Monica M Cole Foundation a legitimate nonprofit?
- Yes. Robert H & Monica M Cole Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-6137973, based in Knoxville, Tennessee. Donations are tax-deductible.
- What is Robert H & Monica M Cole Foundation's EIN?
- Robert H & Monica M Cole Foundation's Employer Identification Number (EIN) is 62-6137973.
- How much revenue does Robert H & Monica M Cole Foundation report?
- Robert H & Monica M Cole Foundation reported $301,318 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Robert H & Monica M Cole Foundation have?
- CharityIndex grades Robert H & Monica M Cole Foundation D, based on financial health (reserves and operating margin).
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Data for Robert H & Monica M Cole Foundation (EIN 62-6137973) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.