Arnold & Jeanne Bernstein Fund

Arnold & Jeanne Bernstein Fund's assets have steadily declined over the past decade, with minimal expenses and no officer compensation.

EIN: 136095410 · N Bethesda, MD · Updated: 2026-03-28

$769KRevenue

$339KAssets

70/100Mission Score (Good)

About Arnold & Jeanne Bernstein Fund

Arnold & Jeanne Bernstein Fund (EIN: 136095410) is a nonprofit organization based in N Bethesda, MD. The organization reported total revenue of $769K and total assets of $339K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arnold & Jeanne Bernstein Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Arnold & Jeanne Bernstein Fund appears to be a private foundation, as indicated by its consistent revenue sources and asset management rather than public fundraising. Its financial health shows a declining trend in assets over the past decade, from over $1 million in 2015 to $609,326 in 2023. While the organization consistently reports very low expenses relative to its assets, suggesting a conservative spending approach, the negative revenue in 2022 ($-25,211) is unusual and warrants further investigation, potentially indicating investment losses or significant adjustments. The latest revenue of $44,939 in 2023 is also significantly lower than its historical average, while assets continue to decrease.

Spending efficiency is high in terms of operational overhead, as expenses are consistently low. For example, in 2023, expenses were only $4,817 against $44,939 in revenue. However, without a detailed breakdown of program service accomplishments or grants made, it's difficult to fully assess the impact of this spending. The organization consistently reports 0% officer compensation, which is a positive indicator of volunteer leadership or very low administrative costs. The liabilities have remained minimal, often $1 or $0, indicating good financial management in that regard.

Transparency is generally good through its consistent 990 filings. However, the lack of an NTEE code and the absence of detailed program descriptions in the provided data make it challenging to fully understand its mission and impact. The significant decline in assets and fluctuating revenue, including a negative figure, suggest a need for clearer financial reporting or explanations regarding its investment strategy and grant-making activities to fully understand its long-term sustainability and effectiveness.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Arnold & Jeanne Bernstein 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, Arnold & Jeanne Bernstein 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for minimizing administrative overhead.

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 Arnold & Jeanne Bernstein Fund's IRS 990 filings:

Consistent decline in assets over the past decade, from $1,042,079 in 2015 to $609,326 in 2023.
Negative revenue reported in 2022 ($-25,211), which is unusual and suggests significant investment losses or adjustments.
Lack of detailed program information in the provided data makes it difficult to assess mission impact.

Strengths

The following positive indicators were identified for Arnold & Jeanne Bernstein Fund:

Consistently reports 0% officer compensation, indicating low administrative overhead for leadership.
Very low reported expenses relative to assets and revenue, suggesting efficient operational management (e.g., $4,817 expenses on $44,939 revenue in 2023).
Minimal liabilities reported across all filings, often $0 or $1, indicating strong financial solvency in that area.

Frequently Asked Questions about Arnold & Jeanne Bernstein Fund

Why have the organization's assets declined from over $1 million in 2015 to $609,326 in 2023?

The provided data shows a consistent decrease in assets over the past decade, from $1,042,079 in 2015 to $609,326 in 2023. This could be due to grant distributions exceeding investment returns, investment losses, or a deliberate spend-down strategy, which is common for some private foundations.

What caused the negative revenue of $-25,211 in 2022?

A negative revenue figure, as seen in 2022, typically indicates significant investment losses or adjustments that exceeded any income generated during that period. Further details from the full 990 filing would be needed to pinpoint the exact cause.

What specific programs or grants does the Arnold & Jeanne Bernstein Fund support?

The provided data does not include details on specific programs or grants. To understand the organization's mission impact, one would need to review the program service accomplishments section of its IRS Form 990-PF (for private foundations) or 990.

Filing History

IRS 990 filing history for Arnold & Jeanne Bernstein Fund showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Arnold & Jeanne Bernstein Fund's revenue has declined by 36.2%, moving from $70K to $45K. Total assets decreased by 34.1% over the same period, from $925K to $609K. Total functional expenses fell by 91.7%, from $58K to $5K. In its most recent filing year (2023), Arnold & Jeanne Bernstein Fund reported a surplus of $40K, with revenue exceeding expenses. The organization holds $1 in liabilities against $609K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $609K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$45K	$5K	$609K	$1	—	—
2022	$-25,211	$165K	$568K	$1	—	View 990
2021	$103K	$165K	$759K	$1	—	—
2020	$63K	$82K	$824K	$1	—	View 990
2019	$51K	$80K	$843K	$0	—	View 990
2015	$110K	$84K	$1.0M	$0	—	View 990
2014	$81K	$62K	$1.0M	$0	—	View 990
2013	$133K	$51K	$998K	$0	—	View 990
2012	$51K	$54K	$949K	$32K	—	View 990
2011	$70K	$58K	$925K	$5K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $45K, expenses of $5K, and assets of $609K.
2022: Revenue of $-25,211, expenses of $165K, and assets of $568K (revenue -124.4% year-over-year).
2021: Revenue of $103K, expenses of $165K, and assets of $759K (revenue +65.2% year-over-year).
2020: Revenue of $63K, expenses of $82K, and assets of $824K (revenue +22.7% year-over-year).
2019: Revenue of $51K, expenses of $80K, and assets of $843K (revenue -53.4% year-over-year).
2015: Revenue of $110K, expenses of $84K, and assets of $1.0M (revenue +34.9% year-over-year).
2014: Revenue of $81K, expenses of $62K, and assets of $1.0M (revenue -38.8% year-over-year).
2013: Revenue of $133K, expenses of $51K, and assets of $998K (revenue +161.3% year-over-year).
2012: Revenue of $51K, expenses of $54K, and assets of $949K (revenue -27.8% year-over-year).
2011: Revenue of $70K, expenses of $58K, and assets of $925K.

Data Sources and Methodology

This transparency report for Arnold & Jeanne Bernstein 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.