Barbara S And Benjamin M Cardozo Foundation

Barbara S And Benjamin M Cardozo Foundation operates with zero officer compensation and fluctuating revenue, maintaining low liabilities.

EIN: 137119347 · Westport, CT · NTEE: T22 · Updated: 2026-03-28

$186KRevenue
$312KAssets
85/100Mission Score (Excellent)
T22
Barbara S And Benjamin M Cardozo Foundation Financial Summary
MetricValue
Total Revenue$186K
Total Expenses$94K
Program Spending85%
Net Assets$373K
Transparency Score85/100

Is Barbara S And Benjamin M Cardozo Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

Barbara S And Benjamin M Cardozo Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Barbara S And Benjamin M Cardozo Foundation

Barbara S And Benjamin M Cardozo Foundation (EIN: 137119347) is a nonprofit organization based in Westport, CT, classified under NTEE code T22. The organization reported total revenue of $186K and total assets of $312K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barbara S And Benjamin M Cardozo Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

26Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Barbara S And Benjamin M Cardozo Foundation is a small nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 26.4%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$69K
Total Expenses$94K
Surplus / Deficit$-25,459
Total Assets$373K
Total Liabilities$1
Net Assets$373K
Operating Margin-37.1%
Debt-to-Asset Ratio0.0%
Months of Reserves47.6 months

Financial Health Grade: B

In 2024, Barbara S And Benjamin M Cardozo Foundation reported a deficit of $25K with expenses exceeding revenue, holds 47.6 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 (2012–2024), Barbara S And Benjamin M Cardozo Foundation's revenue has grown at a compound annual growth rate (CAGR) of 26.4%.

YearRevenue ChangeExpense ChangeAsset Change
2024-1.4%+29.6%-6.5%
2023+12.1%-28.4%-0.8%
2022-40.4%+86.1%-8.9%
2021-0.4%-0.5%+12.6%
2020+158.8%+14.7%+10.2%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2000

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

AI Transparency Report

The Barbara S And Benjamin M Cardozo Foundation demonstrates consistent financial activity, operating as a relatively small foundation with assets around $300,000-$400,000. Over the past decade, its revenue has fluctuated, with a notable increase in the latest reported period to $186,224, significantly higher than previous years which typically saw revenues between $4,000 and $100,000. Expenses have also varied, sometimes exceeding revenue, as seen in 202404 where expenses were $94,097 against $68,638 in revenue, indicating reliance on prior year surpluses or asset drawdowns. The foundation consistently reports zero officer compensation, which is a positive indicator for donor confidence and efficient use of funds, as it suggests a volunteer-driven or very lean operational structure. The minimal liabilities reported across all periods ($0 or $1) also points to sound financial management and low debt burden. Given the NTEE code T22 (Private Grantmaking Foundations), the primary function is likely grantmaking rather than direct program delivery. Without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely determine the program spending ratio. However, the absence of officer compensation suggests that a significant portion of the operational expenses, after administrative costs, would likely go towards grants or charitable distributions. The foundation's consistent filing history and minimal liabilities contribute to a perception of transparency and fiscal responsibility, especially for a private foundation of its size. The fluctuation in revenue and expenses, while common for foundations relying on investment returns or sporadic large donations, warrants attention to ensure long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Barbara S And Benjamin M Cardozo Foundation 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: 15%
  • programs: 85%
  • fundraising: 0%

According to IRS 990 filings, Barbara S And Benjamin M Cardozo Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$69KTotal Revenue
$94KTotal Expenses
$373KTotal Assets
$1Total Liabilities
$373KNet Assets
  • The organization reported a deficit of $25K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for resource allocation.

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 Barbara S And Benjamin M Cardozo Foundation's IRS 990 filings:

  • Expenses frequently exceed revenue, potentially drawing down assets (e.g., 202404, 202304, 202204, 201604, 201504, 201304, 201204).
  • Gradual decline in total assets over the long term, from $414,742 in 201204 to $311,955 currently.

Strengths

The following positive indicators were identified for Barbara S And Benjamin M Cardozo Foundation:

  • Consistent 0% officer compensation, indicating efficient use of funds and volunteer leadership.
  • Minimal liabilities ($0 or $1 across all filings), demonstrating strong financial management and low debt.
  • Consistent IRS 990 filing history (10 filings), indicating good transparency and compliance.
  • Latest revenue of $186,224 is significantly higher than most previous years, potentially boosting future capacity.

Frequently Asked Questions about Barbara S And Benjamin M Cardozo Foundation

Is Barbara S And Benjamin M Cardozo Foundation a legitimate charity?

Barbara S And Benjamin M Cardozo Foundation (EIN: 137119347) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $186K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Barbara S And Benjamin M Cardozo Foundation spend its money?

Barbara S And Benjamin M Cardozo Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Barbara S And Benjamin M Cardozo Foundation tax-deductible?

Barbara S And Benjamin M Cardozo Foundation is registered as a tax-exempt nonprofit (EIN: 137119347). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Barbara S And Benjamin M Cardozo Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Barbara S And Benjamin M Cardozo Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Barbara S And Benjamin M Cardozo Foundation located?

Barbara S And Benjamin M Cardozo Foundation is headquartered in Westport, Connecticut and files with the IRS under EIN 137119347. It is classified under NTEE code T22.

How many years of IRS 990 filings does Barbara S And Benjamin M Cardozo Foundation have?

Barbara S And Benjamin M Cardozo 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 $186K in total revenue.

Is the Barbara S And Benjamin M Cardozo Foundation a good charity?

Based on the available data, the foundation exhibits strong financial health indicators such as zero officer compensation, minimal liabilities, and consistent IRS 990 filings. Its efficiency in spending cannot be fully assessed without a detailed expense breakdown, but the lack of executive pay suggests a high potential for program focus. For a private grantmaking foundation, these are generally positive signs.

How does the foundation manage its expenses relative to its revenue?

The foundation's expenses have sometimes exceeded its revenue, for example, in 202404 ($94,097 expenses vs. $68,638 revenue) and 202304 ($72,587 expenses vs. $69,604 revenue). This indicates that it occasionally draws from its assets or prior year surpluses to cover operational costs and grantmaking, which is not uncommon for foundations but requires careful monitoring for long-term sustainability.

What is the trend in the foundation's assets?

The foundation's assets have generally shown a slight decline over the past decade, from $414,742 in 201204 to $311,955 in the latest period, with some fluctuations. This trend, coupled with periods where expenses exceed revenue, suggests a gradual drawdown of capital, which could impact future grantmaking capacity if not offset by sufficient revenue generation.

Filing History

IRS 990 filing history for Barbara S And Benjamin M Cardozo Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2012–2024), Barbara S And Benjamin M Cardozo Foundation's revenue has grown by 1568.8%, moving from $4K to $69K. Total assets decreased by 10% over the same period, from $415K to $373K. Total functional expenses rose by 219.4%, from $29K to $94K. In its most recent filing year (2024), Barbara S And Benjamin M Cardozo Foundation reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1 in liabilities against $373K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $373K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $69K $94K $373K $1
2023 $70K $73K $399K $1 View 990
2022 $62K $101K $402K $1
2021 $104K $54K $441K $1
2020 $105K $55K $392K $0 View 990
2016 $40K $48K $356K $0 View 990
2015 $7K $43K $363K $0 View 990
2014 $40K $33K $399K $0 View 990
2013 $9K $31K $392K $0 View 990
2012 $4K $29K $415K $0 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $69K, expenses of $94K, and assets of $373K (revenue -1.4% year-over-year).
  • 2023: Revenue of $70K, expenses of $73K, and assets of $399K (revenue +12.1% year-over-year).
  • 2022: Revenue of $62K, expenses of $101K, and assets of $402K (revenue -40.4% year-over-year).
  • 2021: Revenue of $104K, expenses of $54K, and assets of $441K (revenue -0.4% year-over-year).
  • 2020: Revenue of $105K, expenses of $55K, and assets of $392K (revenue +158.8% year-over-year).
  • 2016: Revenue of $40K, expenses of $48K, and assets of $356K (revenue +500.7% year-over-year).
  • 2015: Revenue of $7K, expenses of $43K, and assets of $363K (revenue -83.1% year-over-year).
  • 2014: Revenue of $40K, expenses of $33K, and assets of $399K (revenue +353.5% year-over-year).
  • 2013: Revenue of $9K, expenses of $31K, and assets of $392K (revenue +113.0% year-over-year).
  • 2012: Revenue of $4K, expenses of $29K, and assets of $415K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Barbara S And Benjamin M Cardozo Foundation:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing

Data Sources and Methodology

This transparency report for Barbara S And Benjamin M Cardozo 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.

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