Billig Foundation
Billig Foundation consistently spends more than its revenue, drawing down assets while reporting no officer compensation.
EIN: 136147322 · Englewood, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $595K |
| Total Expenses | $227K |
| Program Spending | 85% |
| Net Assets | $2.0M |
| Transparency Score | 80/100 |
Is Billig Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Billig Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Billig Foundation
Billig Foundation (EIN: 136147322) is a nonprofit organization based in Englewood, NJ. The organization reported total revenue of $595K and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Billig Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Billig Foundation is a small nonprofit that has been operating for 69 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $227K |
| Surplus / Deficit | $-29,325 |
| Total Assets | $2.1M |
| Total Liabilities | $26K |
| Net Assets | $2.0M |
| Operating Margin | -14.8% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 108.5 months |
Financial Health Grade: B
In 2023, Billig Foundation reported a deficit of $29K with expenses exceeding revenue, holds 108.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Billig Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +65.1% | -1.3% | -1.6% |
| 2022 | -52.8% | +2.1% | -4.2% |
| 2020 | -153.9% | +5.5% | -13.0% |
| 2019 | -23.8% | -4.9% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1957 |
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 Billig Foundation with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Billig Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
The Billig Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, 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 Billig Foundation's IRS 990 filings:
- Consistent spending exceeding revenue, leading to asset depletion (e.g., assets decreased from $2,470,901 in 2019 to $2,054,062 in 2023).
- Significant revenue volatility, including negative revenue reported in multiple years (e.g., -$106,701 in 2020, -$235,855 in 2012).
Strengths
The following positive indicators were identified for Billig Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
- Maintains a substantial asset base ($2,014,821 latest reported) despite consistent operational deficits.
- Low liabilities reported, suggesting a healthy balance sheet (e.g., $25,617 in 2023).
Frequently Asked Questions about Billig Foundation
Is Billig Foundation a legitimate charity?
Billig Foundation (EIN: 136147322) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $595K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Billig Foundation spend its money?
Billig Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Billig Foundation tax-deductible?
Billig Foundation is registered as a tax-exempt nonprofit (EIN: 136147322). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Billig Foundation's spending goes to programs?
Billig Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Billig Foundation located?
Billig Foundation is headquartered in Englewood, New Jersey and files with the IRS under EIN 136147322.
How many years of IRS 990 filings does Billig Foundation have?
Billig 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 $595K in total revenue.
What is the specific mission or program focus of the Billig Foundation?
The provided data does not specify the NTEE code or a detailed mission statement, making it difficult to ascertain the exact programmatic focus of the Billig Foundation.
Why has the Billig Foundation experienced negative revenue in certain years?
Negative revenue, as seen in 2020 (-$106,701) and 2012 (-$235,855), often indicates investment losses or significant returns of contributions, which can impact a foundation's financial inflows.
How does the Billig Foundation fund its operations given consistent spending exceeding revenue?
The foundation appears to be funding its operations and grant-making by drawing down on its substantial asset base, which has decreased from $2,470,901 in 2019 to $2,054,062 in 2023.
Filing History
IRS 990 filing history for Billig Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Billig Foundation's revenue has grown by 650.8%, moving from $26K to $198K. Total assets decreased by 11.1% over the same period, from $2.3M to $2.1M. Total functional expenses rose by 26.2%, from $180K to $227K. In its most recent filing year (2023), Billig Foundation reported a deficit of $29K, with expenses exceeding revenue. The organization holds $26K in liabilities against $2.1M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $198K | $227K | $2.1M | $26K | — | View 990 |
| 2022 | $120K | $230K | $2.1M | $29K | — | View 990 |
| 2021 | $254K | $226K | $2.2M | $11K | — | View 990 |
| 2020 | $-106,701 | $225K | $2.1M | $11K | — | View 990 |
| 2019 | $198K | $213K | $2.5M | $0 | — | View 990 |
| 2015 | $260K | $224K | $2.5M | $0 | — | View 990 |
| 2014 | $401K | $187K | $2.0M | $0 | — | View 990 |
| 2013 | $117K | $181K | $1.8M | $0 | — | View 990 |
| 2012 | $-235,855 | $175K | $1.9M | $0 | — | View 990 |
| 2011 | $26K | $180K | $2.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $198K, expenses of $227K, and assets of $2.1M (revenue +65.1% year-over-year).
- 2022: Revenue of $120K, expenses of $230K, and assets of $2.1M (revenue -52.8% year-over-year).
- 2021: Revenue of $254K, expenses of $226K, and assets of $2.2M.
- 2020: Revenue of $-106,701, expenses of $225K, and assets of $2.1M (revenue -153.9% year-over-year).
- 2019: Revenue of $198K, expenses of $213K, and assets of $2.5M (revenue -23.8% year-over-year).
- 2015: Revenue of $260K, expenses of $224K, and assets of $2.5M (revenue -35.1% year-over-year).
- 2014: Revenue of $401K, expenses of $187K, and assets of $2.0M (revenue +243.1% year-over-year).
- 2013: Revenue of $117K, expenses of $181K, and assets of $1.8M.
- 2012: Revenue of $-235,855, expenses of $175K, and assets of $1.9M (revenue -994.6% year-over-year).
- 2011: Revenue of $26K, expenses of $180K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Billig Foundation:
Data Sources and Methodology
This transparency report for Billig 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.