Ambrose Monell Foundation
Ambrose Monell Foundation maintains strong asset base and zero officer compensation across all filings.
EIN: 131982683 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $41.2M |
| Total Expenses | $21.1M |
| Program Spending | 95% |
| Net Assets | $93.3M |
| Transparency Score | 90/100 |
Is Ambrose Monell Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ambrose Monell Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ambrose Monell Foundation
Ambrose Monell Foundation (EIN: 131982683) is a nonprofit organization based in New York, NY. The organization reported total revenue of $41.2M and total assets of $94.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ambrose Monell Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ambrose Monell Foundation is a large nonprofit that has been operating for 73 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $21.2M |
| Total Expenses | $21.1M |
| Surplus / Deficit | +$187K |
| Total Assets | $93.3M |
| Total Liabilities | $1 |
| Net Assets | $93.3M |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 53.2 months |
Financial Health Grade: A
In 2023, Ambrose Monell Foundation reported a surplus of $187K with revenue exceeding expenses, holds 53.2 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), Ambrose Monell Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.7% | -0.5% | +0.2% |
| 2022 | -16.2% | +27.1% | -0.9% |
| 2021 | +27.2% | -1.9% | +8.7% |
| 2020 | +1.2% | +4.4% | +2.4% |
| 2019 | -17.1% | +2.2% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1953 |
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 Ambrose Monell Foundation with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Ambrose Monell Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $187K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization. This suggests a highly efficient operational model where leadership may be voluntary or compensated through other means, allowing a greater proportion of funds to be directed towards the foundation's mission.
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.
Strengths
The following positive indicators were identified for Ambrose Monell Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency.
- Consistently low or zero liabilities, demonstrating strong financial stability.
- Significant and growing asset base, with $93,328,074 in 2023, providing long-term sustainability.
- Expenses generally align with or are less than revenue, indicating responsible financial management.
Frequently Asked Questions about Ambrose Monell Foundation
Is Ambrose Monell Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ambrose Monell Foundation (EIN: 131982683) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Ambrose Monell Foundation spend its money?
Ambrose Monell Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ambrose Monell Foundation tax-deductible?
Ambrose Monell Foundation is registered as a tax-exempt nonprofit (EIN: 131982683). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ambrose Monell Foundation located?
Ambrose Monell Foundation is headquartered in New York, New York and files with the IRS under EIN 131982683.
How many years of IRS 990 filings does Ambrose Monell Foundation have?
Ambrose Monell Foundation 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 $41.2M in total revenue.
Is Ambrose Monell Foundation a good charity?
Based on the available IRS 990 data, the Ambrose Monell Foundation appears to be a very good charity. It consistently reports zero officer compensation, maintains a strong asset base (e.g., $93,328,074 in 2023), and has minimal liabilities, indicating excellent financial health and a strong commitment to directing funds to its mission.
How does the foundation manage its expenses relative to its revenue?
The foundation generally manages its expenses closely with its revenue. For example, in 2023, expenses were $21,058,814 against revenues of $21,245,708, showing a near break-even operation. In some years, like 2021, revenue ($24,215,987) significantly exceeded expenses ($16,660,659), contributing to asset growth.
What is the trend in the foundation's assets?
The foundation's assets have shown consistent growth over the years, from $82,346,909 in 2011 to $93,328,074 in 2023, with a peak of $94,396,151 in the latest reported period. This indicates sound financial management and an increasing capacity to fulfill its mission.
Filing History
IRS 990 filing history for Ambrose Monell Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ambrose Monell Foundation's revenue has grown by 141%, moving from $8.8M to $21.2M. Total assets increased by 13.3% over the same period, from $82.3M to $93.3M. Total functional expenses rose by 88.3%, from $11.2M to $21.1M. In its most recent filing year (2023), Ambrose Monell Foundation reported a surplus of $187K, with revenue exceeding expenses. The organization holds $1 in liabilities against $93.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $93.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $21.2M | $21.1M | $93.3M | $1 | — | — |
| 2022 | $20.3M | $21.2M | $93.1M | $1 | — | View 990 |
| 2021 | $24.2M | $16.7M | $94.0M | $1 | — | View 990 |
| 2020 | $19.0M | $17.0M | $86.5M | $1 | — | — |
| 2019 | $18.8M | $16.3M | $84.4M | $0 | — | View 990 |
| 2015 | $22.7M | $15.9M | $85.1M | $0 | — | View 990 |
| 2014 | $16.3M | $14.0M | $78.3M | $0 | — | View 990 |
| 2013 | $7.1M | $12.3M | $76.0M | $0 | — | View 990 |
| 2012 | $11.0M | $12.2M | $81.2M | $0 | — | View 990 |
| 2011 | $8.8M | $11.2M | $82.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $21.2M, expenses of $21.1M, and assets of $93.3M (revenue +4.7% year-over-year).
- 2022: Revenue of $20.3M, expenses of $21.2M, and assets of $93.1M (revenue -16.2% year-over-year).
- 2021: Revenue of $24.2M, expenses of $16.7M, and assets of $94.0M (revenue +27.2% year-over-year).
- 2020: Revenue of $19.0M, expenses of $17.0M, and assets of $86.5M (revenue +1.2% year-over-year).
- 2019: Revenue of $18.8M, expenses of $16.3M, and assets of $84.4M (revenue -17.1% year-over-year).
- 2015: Revenue of $22.7M, expenses of $15.9M, and assets of $85.1M (revenue +39.2% year-over-year).
- 2014: Revenue of $16.3M, expenses of $14.0M, and assets of $78.3M (revenue +128.5% year-over-year).
- 2013: Revenue of $7.1M, expenses of $12.3M, and assets of $76.0M (revenue -35.3% year-over-year).
- 2012: Revenue of $11.0M, expenses of $12.2M, and assets of $81.2M (revenue +25.0% year-over-year).
- 2011: Revenue of $8.8M, expenses of $11.2M, and assets of $82.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ambrose Monell Foundation:
Data Sources and Methodology
This transparency report for Ambrose Monell Foundation 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.