Alfred N Sanzari Family Foundationinc
Alfred N Sanzari Family Foundationinc maintains stable assets with no executive compensation amidst fluctuating revenues.
EIN: 204215473 · Hackensack, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $925K |
| Total Expenses | $211K |
| Program Spending | 85% |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Alfred N Sanzari Family Foundationinc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Alfred N Sanzari Family Foundationinc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Alfred N Sanzari Family Foundationinc
Alfred N Sanzari Family Foundationinc (EIN: 204215473) is a nonprofit organization based in Hackensack, NJ, classified under NTEE code T20. The organization reported total revenue of $925K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alfred N Sanzari Family Foundationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alfred N Sanzari Family Foundationinc is a small nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $248K |
| Total Expenses | $211K |
| Surplus / Deficit | +$37K |
| Total Assets | $2.0M |
| Total Liabilities | $42K |
| Net Assets | $1.9M |
| Operating Margin | 14.8% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 111.0 months |
Financial Health Grade: A
In 2023, Alfred N Sanzari Family Foundationinc reported a surplus of $37K with revenue exceeding expenses, holds 111.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Alfred N Sanzari Family Foundationinc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.7% | -4.0% | +2.2% |
| 2022 | -54.4% | +4.8% | -3.7% |
| 2021 | +9361.4% | -4.0% | +30.7% |
| 2020 | -96.3% | -22.0% | -12.3% |
| 2019 | -61.5% | -7.2% | -29.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alfred N Sanzari Family Foundationinc with a Mission Score of 85 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Alfred N Sanzari Family Foundationinc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly favorable for donor trust and resource allocation to programs.
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 Alfred N Sanzari Family Foundationinc's IRS 990 filings:
- Highly fluctuating revenue streams, making financial planning potentially challenging.
- Lack of detailed expense breakdown in provided data makes precise program efficiency difficult to ascertain.
Strengths
The following positive indicators were identified for Alfred N Sanzari Family Foundationinc:
- Consistent 0% officer compensation, indicating strong commitment to mission-focused spending.
- Stable and growing asset base, demonstrating financial health and sustainability.
- Low liabilities relative to assets in most periods, suggesting good financial management.
Frequently Asked Questions about Alfred N Sanzari Family Foundationinc
Is Alfred N Sanzari Family Foundationinc a legitimate charity?
Alfred N Sanzari Family Foundationinc (EIN: 204215473) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $925K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Alfred N Sanzari Family Foundationinc spend its money?
Alfred N Sanzari Family Foundationinc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Alfred N Sanzari Family Foundationinc tax-deductible?
Alfred N Sanzari Family Foundationinc is registered as a tax-exempt nonprofit (EIN: 204215473). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Alfred N Sanzari Family Foundationinc's spending goes to programs?
Alfred N Sanzari Family Foundationinc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Alfred N Sanzari Family Foundationinc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Alfred N Sanzari Family Foundationinc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Alfred N Sanzari Family Foundationinc located?
Alfred N Sanzari Family Foundationinc is headquartered in Hackensack, New Jersey and files with the IRS under EIN 204215473. It is classified under NTEE code T20.
How many years of IRS 990 filings does Alfred N Sanzari Family Foundationinc have?
Alfred N Sanzari Family Foundationinc 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 $925K in total revenue.
Is Alfred N Sanzari Family Foundationinc a good charity?
Based on the available data, the foundation appears to be a good charity, primarily due to its consistent reporting of 0% officer compensation and stable asset base. This suggests that donations are likely directed towards its mission rather than administrative overhead or executive salaries.
How has the foundation's revenue trended over the past few years?
The foundation's revenue has been highly variable, with $247,734 in 2023, $245,963 in 2022, and a peak of $539,774 in 2021, following a significant dip to $5,705 in 2020. This indicates an inconsistent funding stream.
What is the organization's asset growth like?
The organization's assets have shown a general upward trend, increasing from $2,044,873 in 2011 to $1,951,067 in 2023, with some fluctuations. This indicates financial stability and growth over the long term.
Filing History
IRS 990 filing history for Alfred N Sanzari Family Foundationinc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Alfred N Sanzari Family Foundationinc's revenue has grown by 161.4%, moving from $95K to $248K. Total assets decreased by 4.6% over the same period, from $2.0M to $2.0M. Total functional expenses rose by 4526.9%, from $5K to $211K. In its most recent filing year (2023), Alfred N Sanzari Family Foundationinc reported a surplus of $37K, with revenue exceeding expenses. The organization holds $42K in liabilities against $2.0M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $248K | $211K | $2.0M | $42K | — | — |
| 2022 | $246K | $220K | $1.9M | $37K | — | View 990 |
| 2021 | $540K | $210K | $2.0M | $136K | — | View 990 |
| 2020 | $6K | $218K | $1.5M | $171 | — | View 990 |
| 2019 | $154K | $280K | $1.7M | $106 | — | — |
| 2015 | $399K | $302K | $2.5M | $3K | — | View 990 |
| 2014 | $361K | $288K | $2.4M | $3K | — | View 990 |
| 2013 | $160K | $7K | $2.3M | $3K | — | View 990 |
| 2012 | $93K | $5K | $2.1M | $0 | — | View 990 |
| 2011 | $95K | $5K | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $248K, expenses of $211K, and assets of $2.0M (revenue +0.7% year-over-year).
- 2022: Revenue of $246K, expenses of $220K, and assets of $1.9M (revenue -54.4% year-over-year).
- 2021: Revenue of $540K, expenses of $210K, and assets of $2.0M (revenue +9361.4% year-over-year).
- 2020: Revenue of $6K, expenses of $218K, and assets of $1.5M (revenue -96.3% year-over-year).
- 2019: Revenue of $154K, expenses of $280K, and assets of $1.7M (revenue -61.5% year-over-year).
- 2015: Revenue of $399K, expenses of $302K, and assets of $2.5M (revenue +10.6% year-over-year).
- 2014: Revenue of $361K, expenses of $288K, and assets of $2.4M (revenue +125.5% year-over-year).
- 2013: Revenue of $160K, expenses of $7K, and assets of $2.3M (revenue +71.9% year-over-year).
- 2012: Revenue of $93K, expenses of $5K, and assets of $2.1M (revenue -1.7% year-over-year).
- 2011: Revenue of $95K, expenses of $5K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alfred N Sanzari Family Foundationinc:
Data Sources and Methodology
This transparency report for Alfred N Sanzari Family Foundationinc 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.