Is Edward And Marjorie Goldberger Foundation Legit?

The Edward And Marjorie Goldberger Foundation demonstrates consistent financial stability, with assets steadily growing from $1,380,042 in 2012 to $1,673,233 in 2023. The organization consistently operates with expenses closely aligned to or slightly below revenue, as seen in 2023 where revenue was $245,374 and expenses were $238,115, indicating prudent financial management. The absence of officer compensation across all reported periods suggests a strong commitment to directing funds towards the foundation's mission rather than administrative overhead related to executive salaries. Spending efficiency appears high, given the zero officer compensation and the consistent positive net assets. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health and lack of executive compensation point towards a lean operational structure. The foundation's liabilities have remained very low, typically under $5,000, which further underscores its strong financial position and low financial risk. Transparency is generally good, with consistent annual filings. The lack of officer compensation is a significant positive indicator of transparency and a focus on mission. However, without a detailed NTEE code, the specific programmatic focus remains somewhat unclear, which could be an area for enhanced transparency. Overall, the foundation appears to be a well-managed entity with a strong financial foundation and a clear dedication to its charitable purpose.