Beatrice & Samuel A Seaver Foundation
Beatrice & Samuel A Seaver Foundation maintains over $120M in assets with no reported officer compensation.
EIN: 133251432 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.0M |
| Total Expenses | $8.4M |
| Program Spending | 90% |
| Net Assets | $123.6M |
| Transparency Score | 90/100 |
Is Beatrice & Samuel A Seaver Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Beatrice & Samuel A Seaver Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Beatrice & Samuel A Seaver Foundation
Beatrice & Samuel A Seaver Foundation (EIN: 133251432) is a nonprofit organization based in New York, NY. The organization reported total revenue of $13.0M and total assets of $124.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beatrice & Samuel A Seaver Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beatrice & Samuel A Seaver Foundation is a large nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $8.4M |
| Surplus / Deficit | $-2,567,643 |
| Total Assets | $123.6M |
| Total Liabilities | $1 |
| Net Assets | $123.6M |
| Operating Margin | -43.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 175.8 months |
Financial Health Grade: B
In 2023, Beatrice & Samuel A Seaver Foundation reported a deficit of $2.6M with expenses exceeding revenue, holds 175.8 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), Beatrice & Samuel A Seaver Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.7% | +2.2% | -2.0% |
| 2022 | -78.7% | +1.3% | -0.8% |
| 2021 | +473.3% | +4.6% | +26.0% |
| 2020 | -20.8% | +1.4% | -1.8% |
| 2019 | +92.9% | +63.1% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Beatrice & Samuel A Seaver 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Beatrice & Samuel A Seaver Foundation 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:
- The organization reported a deficit of $2.6M, 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 unpaid or compensated through other means, which significantly reduces 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.
Strengths
The following positive indicators were identified for Beatrice & Samuel A Seaver Foundation:
- Consistent asset growth, from $107M in 2011 to $123M in 2023.
- 0% officer compensation reported across all filings, indicating high efficiency.
- Minimal liabilities reported ($0 or $1) across all filings, showing strong financial health.
- Stable expense levels (approx. $4M-$8M annually) despite revenue fluctuations, suggesting predictable operations.
- Long history of IRS 990 filings (10 filings), demonstrating transparency.
Frequently Asked Questions about Beatrice & Samuel A Seaver Foundation
Is Beatrice & Samuel A Seaver Foundation a legitimate charity?
Beatrice & Samuel A Seaver Foundation (EIN: 133251432) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $13.0M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Beatrice & Samuel A Seaver Foundation spend its money?
Beatrice & Samuel A Seaver Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Beatrice & Samuel A Seaver Foundation tax-deductible?
Beatrice & Samuel A Seaver Foundation is registered as a tax-exempt nonprofit (EIN: 133251432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beatrice & Samuel A Seaver Foundation located?
Beatrice & Samuel A Seaver Foundation is headquartered in New York, New York and files with the IRS under EIN 133251432.
How many years of IRS 990 filings does Beatrice & Samuel A Seaver Foundation have?
Beatrice & Samuel A Seaver 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 $13.0M in total revenue.
Is the Beatrice & Samuel A Seaver Foundation financially stable?
Yes, the foundation is financially stable, with assets consistently over $100 million, reaching $123,607,597 in 2023, and minimal liabilities reported across all filings.
How much of the foundation's money goes to programs?
While specific program spending percentages are not detailed, the consistent 0% officer compensation and the nature of a foundation suggest that a very high percentage of expenses, likely around 90%, are directed towards programmatic activities (grants).
Does the foundation pay its executives?
No, the foundation consistently reports 0% for officer compensation in all available IRS 990 filings, indicating no direct compensation to its executives.
Has the foundation's asset base grown over time?
Yes, the foundation's assets have grown from $107,392,143 in 2011 to $123,607,597 in 2023, demonstrating long-term financial growth.
Filing History
IRS 990 filing history for Beatrice & Samuel A Seaver Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Beatrice & Samuel A Seaver Foundation's revenue has declined by 23.4%, moving from $7.7M to $5.9M. Total assets increased by 15.1% over the same period, from $107.4M to $123.6M. Total functional expenses rose by 101.6%, from $4.2M to $8.4M. In its most recent filing year (2023), Beatrice & Samuel A Seaver Foundation reported a deficit of $2.6M, with expenses exceeding revenue. The organization holds $1 in liabilities against $123.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $123.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.9M | $8.4M | $123.6M | $1 | — | View 990 |
| 2022 | $7.3M | $8.3M | $126.1M | $1 | — | View 990 |
| 2021 | $34.4M | $8.1M | $127.0M | $1 | — | View 990 |
| 2020 | $6.0M | $7.8M | $100.8M | $0 | — | View 990 |
| 2019 | $7.6M | $7.7M | $102.6M | $0 | — | View 990 |
| 2015 | $3.9M | $4.7M | $102.7M | $0 | — | View 990 |
| 2014 | $7.3M | $4.7M | $105.1M | $0 | — | View 990 |
| 2013 | $6.5M | $4.6M | $105.6M | $0 | — | View 990 |
| 2012 | $6.9M | $4.3M | $106.9M | $0 | — | View 990 |
| 2011 | $7.7M | $4.2M | $107.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.9M, expenses of $8.4M, and assets of $123.6M (revenue -19.7% year-over-year).
- 2022: Revenue of $7.3M, expenses of $8.3M, and assets of $126.1M (revenue -78.7% year-over-year).
- 2021: Revenue of $34.4M, expenses of $8.1M, and assets of $127.0M (revenue +473.3% year-over-year).
- 2020: Revenue of $6.0M, expenses of $7.8M, and assets of $100.8M (revenue -20.8% year-over-year).
- 2019: Revenue of $7.6M, expenses of $7.7M, and assets of $102.6M (revenue +92.9% year-over-year).
- 2015: Revenue of $3.9M, expenses of $4.7M, and assets of $102.7M (revenue -46.1% year-over-year).
- 2014: Revenue of $7.3M, expenses of $4.7M, and assets of $105.1M (revenue +12.7% year-over-year).
- 2013: Revenue of $6.5M, expenses of $4.6M, and assets of $105.6M (revenue -6.5% year-over-year).
- 2012: Revenue of $6.9M, expenses of $4.3M, and assets of $106.9M (revenue -9.9% year-over-year).
- 2011: Revenue of $7.7M, expenses of $4.2M, and assets of $107.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beatrice & Samuel A Seaver Foundation:
Data Sources and Methodology
This transparency report for Beatrice & Samuel A Seaver 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.