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Cicoa Foundation Inc

EIN 35-1859069 · Indianapolis, IN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak10 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

Points to look into

  • Raising each dollar of donations cost 144 cents.

These come from the organization's own tax return. There may be a good explanation; ask the charity.

What it says it does

CICOA FOUNDATION, INC.'S GENERAL PURPOSE IS TO DEVELOP, IMPLEMENT, AND/OR ASSIST PROJECTS AND PROGRAMS FOR THE BENEFIT OF OLDER PERSONS OR SO-CALLED SENIOR CITIZENS WITH RESPECT TO THE ECONOMIC, SOCIAL, HEALTH AND NUTRITION, HOUSING, TRANSPORTATION, EMPLOYMENT, EDUCATION, RECREATION AND OTHER PROBLEMS PECULIAR TO THE AGING AND AGED. THE FOUNDATION PRIMARILY SUPPORTS THE PROGRAMS OF CICOA AGING & IN-HOME SOLUTIONS, INC.

Income
$447,335
Spending
$2.0 million
Spent on programs
65%
Reserves
-2.9 months of spending
Largest source of income
donations and private grants, 100%
Employees
0
Volunteers
87

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 10 out of 100. Higher than 0% of charities in its peer group (civil rights, $250k to $1m).

  • Reserves

    0 of 35

    Spendable reserves are negative: it owes or has committed more than it holds.

  • Debt

    10 of 20

    It owes 50% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 344% of income.

  • Income trend

    0 of 15

    Income fell 47% on the year before.

  • Spending floor

    0 of 15

    65% of spending went to programs and raising each dollar of donations cost 144 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100. Higher than 92% of charities in its peer group (civil rights, $250k to $1m).

  • Independent board

    25 of 25

    10 of 10 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $1.3 million spent. THE SUPPORT PROVIDED BY CICOA FOUNDATION, INC. TO CICOA AGING & IN-HOME SOLUTIONS ALLOWS THE AGENCY TO PROVIDE IN-HOME SERVICES TO SENIORS AND ADULTS WITH DISABILITIES INCLUDING ATTENDANT CARE, HOME HEALTH AIDE, AND HOME DELIVERED MEALS. THE SUPPORT OF CICOA FOUNDATION, INC. HELPED PROVIDE ASSISTANCE FOR OVER 65,955 MEALS SERVED AT 23 NEIGHBORHOOD MEAL SITES. PROVIDED OVER $87,994 FOR TRANSPORTATION TRIPS. PROVIDED OVER $150,246 FOR SAFE AT HOME AND MODIFICATION PROJECTS HELPING 21 CLIENTS FOR SAFE AT HOME AND 45 CLIENTS RECIEVED HOME MODIFICATIONS. PROVIDED OVER $6,092 FOR CLIENT ASSISTANCE.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since August 1992.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Chg Foundation (Chula Vista, CA), EIN 33-0586911. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.