Bernstein Family Charitablefoundation
Bernstein Family Charitablefoundation consistently maintains low expenses and no officer compensation, growing assets over time.
EIN: 205960190 · Englewood, NJ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $433K |
| Total Expenses | $32K |
| Program Spending | 90% |
| Net Assets | $217K |
| Transparency Score | 85/100 |
Is Bernstein Family Charitablefoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bernstein Family Charitablefoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bernstein Family Charitablefoundation
Bernstein Family Charitablefoundation (EIN: 205960190) is a nonprofit organization based in Englewood, NJ, classified under NTEE code T22. The organization reported total revenue of $433K and total assets of $354K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bernstein Family Charitablefoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bernstein Family Charitablefoundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 66.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $32K |
| Surplus / Deficit | +$38K |
| Total Assets | $217K |
| Total Liabilities | $1 |
| Net Assets | $217K |
| Operating Margin | 54.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 82.0 months |
Financial Health Grade: A
In 2023, Bernstein Family Charitablefoundation reported a surplus of $38K with revenue exceeding expenses, holds 82.0 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), Bernstein Family Charitablefoundation's revenue has grown at a compound annual growth rate (CAGR) of 66.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +259.3% | +203.6% | +8.2% |
| 2022 | -61.4% | -10.5% | -7.1% |
| 2021 | -0.7% | +18771.0% | +21.6% |
| 2020 | -2.0% | -98.8% | +39.5% |
| 2019 | +71.3% | +20020.0% | +257.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Bernstein Family Charitablefoundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Bernstein Family Charitablefoundation 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 surplus of $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is unpaid, which is common for small family foundations and suggests a high level of dedication and efficiency in 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 Bernstein Family Charitablefoundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
Strengths
The following positive indicators were identified for Bernstein Family Charitablefoundation:
- Consistent growth in assets, from $7,820 in 2011 to $217,250 in 2023, indicating financial stability.
- Zero officer compensation across all reported periods, demonstrating efficient use of funds and volunteer leadership.
- Consistently low liabilities, often $1, indicating strong financial health and minimal debt.
- Long and consistent IRS 990 filing history (10 filings), showing good transparency and compliance.
- Very low operational expenses relative to revenue in most years, suggesting a focus on direct mission-related activities or asset growth.
Frequently Asked Questions about Bernstein Family Charitablefoundation
Is Bernstein Family Charitablefoundation a legitimate charity?
Bernstein Family Charitablefoundation (EIN: 205960190) 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: $433K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Bernstein Family Charitablefoundation spend its money?
Bernstein Family Charitablefoundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Bernstein Family Charitablefoundation tax-deductible?
Bernstein Family Charitablefoundation is registered as a tax-exempt nonprofit (EIN: 205960190). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Bernstein Family Charitablefoundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bernstein Family Charitablefoundation 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 Bernstein Family Charitablefoundation located?
Bernstein Family Charitablefoundation is headquartered in Englewood, New Jersey and files with the IRS under EIN 205960190. It is classified under NTEE code T22.
How many years of IRS 990 filings does Bernstein Family Charitablefoundation have?
Bernstein Family Charitablefoundation 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 $433K in total revenue.
What are the primary programs or grants funded by the Bernstein Family Charitablefoundation?
The provided data does not detail specific programs or grants. As a private foundation (NTEE T22), its primary activity would typically be making grants to other organizations or individuals, but the specific beneficiaries are not listed here.
How does the organization manage to operate with such consistently low expenses?
The consistently low expenses, often in the hundreds or low thousands of dollars, suggest that the foundation operates with minimal overhead, likely relying on volunteer efforts or very limited administrative services, and primarily functions as a grant-making entity rather than an operational one.
What is the source of the organization's revenue fluctuations, such as $153 in 2011 versus $69,429 in 2023?
Revenue fluctuations are common for private foundations and can be attributed to varying investment returns, contributions from founding family members, or other donors. The significant increase in revenue over time indicates successful asset management or increased contributions.
Filing History
IRS 990 filing history for Bernstein Family Charitablefoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Bernstein Family Charitablefoundation's revenue has grown by 45278.4%, moving from $153 to $69K. Total assets increased by 2678.1% over the same period, from $8K to $217K. Total functional expenses fell by 8.9%, from $35K to $32K. In its most recent filing year (2023), Bernstein Family Charitablefoundation reported a surplus of $38K, with revenue exceeding expenses. The organization holds $1 in liabilities against $217K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $217K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $32K | $217K | $1 | — | — |
| 2022 | $19K | $10K | $201K | $1 | — | View 990 |
| 2021 | $50K | $12K | $216K | $1 | — | View 990 |
| 2020 | $50K | $62 | $178K | $1 | — | — |
| 2019 | $51K | $5K | $128K | $1 | — | — |
| 2015 | $30K | $25 | $36K | $1 | — | View 990 |
| 2014 | $27 | $25 | $6K | $1 | — | View 990 |
| 2013 | $3 | $450 | $6K | $0 | — | View 990 |
| 2012 | $5 | $2K | $6K | $1 | — | View 990 |
| 2011 | $153 | $35K | $8K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $32K, and assets of $217K (revenue +259.3% year-over-year).
- 2022: Revenue of $19K, expenses of $10K, and assets of $201K (revenue -61.4% year-over-year).
- 2021: Revenue of $50K, expenses of $12K, and assets of $216K (revenue -0.7% year-over-year).
- 2020: Revenue of $50K, expenses of $62, and assets of $178K (revenue -2.0% year-over-year).
- 2019: Revenue of $51K, expenses of $5K, and assets of $128K (revenue +71.3% year-over-year).
- 2015: Revenue of $30K, expenses of $25, and assets of $36K (revenue +111111.1% year-over-year).
- 2014: Revenue of $27, expenses of $25, and assets of $6K (revenue +800.0% year-over-year).
- 2013: Revenue of $3, expenses of $450, and assets of $6K (revenue -40.0% year-over-year).
- 2012: Revenue of $5, expenses of $2K, and assets of $6K (revenue -96.7% year-over-year).
- 2011: Revenue of $153, expenses of $35K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bernstein Family Charitablefoundation:
Data Sources and Methodology
This transparency report for Bernstein Family Charitablefoundation 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.