Alan And Katherine Stroock Fund

Alan And Katherine Stroock Fund's assets have declined by 22.5% over the past decade, with expenses frequently exceeding revenue.

EIN: 136086102 · Park Ridge, NJ · Updated: 2026-03-28

$571KRevenue
$1.8MAssets
70/100Mission Score (Good)
Alan And Katherine Stroock Fund Financial Summary
MetricValue
Total Revenue$571K
Total Expenses$194K
Program Spending90%
Net Assets$1.7M
Transparency Score70/100

Is Alan And Katherine Stroock Fund Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Alan And Katherine Stroock Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Alan And Katherine Stroock Fund

Alan And Katherine Stroock Fund (EIN: 136086102) is a nonprofit organization based in Park Ridge, NJ. The organization reported total revenue of $571K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alan And Katherine Stroock Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

66Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Alan And Katherine Stroock Fund is a small nonprofit that has been operating for 66 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$194K
Total Expenses$194K
Surplus / Deficit$-26
Total Assets$1.7M
Total Liabilities$1
Net Assets$1.7M
Operating Margin-0.0%
Debt-to-Asset Ratio0.0%
Months of Reserves105.6 months

Financial Health Grade: B

In 2023, Alan And Katherine Stroock Fund reported a deficit of $26 with expenses exceeding revenue, holds 105.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Alan And Katherine Stroock Fund's revenue has declined at a compound annual growth rate (CAGR) of -0.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023+51.3%-13.0%+-0.0%
2022-7.4%+17.8%-7.3%
2021+25.3%+6.4%-0.6%
2020-60.4%-2.0%-3.5%
2019+970.7%-2.2%-5.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1960

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Alan And Katherine Stroock Fund appears to be a private foundation, given its consistent revenue and expense patterns, and the absence of officer compensation. Its financial health shows a gradual decline in assets over the past decade, from $2,209,254 in 2011 to $1,710,532 in 2023, indicating that expenses have frequently outpaced revenue. For example, in 2022, expenses of $223,471 significantly exceeded revenue of $128,487. However, the organization maintains a substantial asset base relative to its annual expenses, suggesting long-term stability for its grant-making activities. Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not explicitly provided in the summary data. As a private foundation, its primary 'program' is typically grant-making. The consistent lack of officer compensation across all reported periods is a positive indicator of low administrative overhead in that specific area. The organization's transparency is generally good through its regular 990 filings, but the absence of an NTEE code and detailed expense categories limits a deeper understanding of its specific charitable focus and operational efficiency beyond the high-level financial figures.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Alan And Katherine Stroock Fund with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Alan And Katherine Stroock Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$194KTotal Revenue
$194KTotal Expenses
$1.7MTotal Assets
$1Total Liabilities
$1.7MNet Assets
  • The organization reported a deficit of $26, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership serves without direct salary from the fund, which is a strong positive for minimizing administrative costs.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Alan And Katherine Stroock Fund's IRS 990 filings:

  • Consistent asset decline over the past decade (from $2.2M in 2011 to $1.7M in 2023)
  • Expenses frequently exceed revenue, indicating unsustainable spending patterns in several years (e.g., 2022 expenses $223,471 vs. revenue $128,487)
  • NTEE code is unknown, limiting understanding of specific mission focus

Strengths

The following positive indicators were identified for Alan And Katherine Stroock Fund:

  • Zero officer compensation reported across all filings, indicating very low executive overhead
  • Maintains a substantial asset base ($1,783,032 latest) relative to annual expenses, providing financial stability
  • Regularly files IRS Form 990, demonstrating transparency in financial reporting

Frequently Asked Questions about Alan And Katherine Stroock Fund

Is Alan And Katherine Stroock Fund a legitimate charity?

Alan And Katherine Stroock Fund (EIN: 136086102) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $571K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Alan And Katherine Stroock Fund spend its money?

Alan And Katherine Stroock Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Alan And Katherine Stroock Fund tax-deductible?

Alan And Katherine Stroock Fund is registered as a tax-exempt nonprofit (EIN: 136086102). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Alan And Katherine Stroock Fund located?

Alan And Katherine Stroock Fund is headquartered in Park Ridge, New Jersey and files with the IRS under EIN 136086102.

How many years of IRS 990 filings does Alan And Katherine Stroock Fund have?

Alan And Katherine Stroock Fund has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $571K in total revenue.

What specific programs or causes does the Alan And Katherine Stroock Fund support?

The provided data does not specify the NTEE code or detailed program descriptions, making it unclear what specific charitable causes the fund supports. Further investigation into their 990-PF filings would be necessary.

Why have the organization's assets been declining over the past decade?

The decline in assets from $2,209,254 in 2011 to $1,710,532 in 2023 is primarily due to expenses frequently exceeding revenue. For instance, in 2022, expenses were $223,471 while revenue was only $128,487, leading to a net loss that draws down assets.

Is the fund's spending sustainable given its asset decline?

While assets have declined, the fund still holds $1,710,532 in assets as of 2023, which is substantial compared to its annual expenses (e.g., $194,470 in 2023). This suggests it can sustain its current level of spending for a significant period, though continued net losses will eventually deplete the endowment.

Filing History

IRS 990 filing history for Alan And Katherine Stroock Fund showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Alan And Katherine Stroock Fund's revenue has declined by 3.9%, moving from $202K to $194K. Total assets decreased by 22.6% over the same period, from $2.2M to $1.7M. Total functional expenses rose by 32.8%, from $146K to $194K. In its most recent filing year (2023), Alan And Katherine Stroock Fund reported a deficit of $26, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $194K $194K $1.7M $1 View 990
2022 $128K $223K $1.7M $1 View 990
2021 $139K $190K $1.8M $40K
2020 $111K $178K $1.9M $1
2019 $280K $182K $1.9M $1 View 990
2015 $26K $186K $2.0M $0 View 990
2014 $158K $152K $2.2M $0 View 990
2013 $212K $160K $2.2M $0 View 990
2012 $83K $154K $2.1M $0 View 990
2011 $202K $146K $2.2M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $194K, expenses of $194K, and assets of $1.7M (revenue +51.3% year-over-year).
  • 2022: Revenue of $128K, expenses of $223K, and assets of $1.7M (revenue -7.4% year-over-year).
  • 2021: Revenue of $139K, expenses of $190K, and assets of $1.8M (revenue +25.3% year-over-year).
  • 2020: Revenue of $111K, expenses of $178K, and assets of $1.9M (revenue -60.4% year-over-year).
  • 2019: Revenue of $280K, expenses of $182K, and assets of $1.9M (revenue +970.7% year-over-year).
  • 2015: Revenue of $26K, expenses of $186K, and assets of $2.0M (revenue -83.4% year-over-year).
  • 2014: Revenue of $158K, expenses of $152K, and assets of $2.2M (revenue -25.8% year-over-year).
  • 2013: Revenue of $212K, expenses of $160K, and assets of $2.2M (revenue +155.4% year-over-year).
  • 2012: Revenue of $83K, expenses of $154K, and assets of $2.1M (revenue -58.9% year-over-year).
  • 2011: Revenue of $202K, expenses of $146K, and assets of $2.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Alan And Katherine Stroock Fund:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Alan And Katherine Stroock Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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