AI Transparency Report
The Goldman Sonnenfeldt Foundation Inc. demonstrates a strong financial position with substantial assets, reaching $27,195,536 in the latest filing period (202312). The organization's revenue has fluctuated significantly over the past decade, from a low of $69,546 in 201112 to a high of $12,431,478 in 202112, indicating reliance on potentially large, infrequent contributions. In the most recent period, expenses ($4,141,060) exceeded revenue ($3,691,291), resulting in a net deficit for the year, though this is not uncommon for foundations that strategically disburse funds. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which is a positive indicator for donor confidence and efficiency. The foundation's NTEE code Q117 (Foundations, Grantmaking) implies its primary activity is making grants, which typically means a high program spending ratio. The absence of specific program, administrative, and fundraising expense breakdowns in the provided data limits a detailed assessment of spending efficiency, but the overall financial health appears robust due to significant asset reserves.