Boomer Esiason Foundation
Boomer Esiason Foundation consistently reports zero officer compensation amidst steady revenue and asset growth.
EIN: 113142753 · New York, NY · NTEE: E99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.0M |
| Total Expenses | $5.6M |
| Program Spending | 85% |
| Net Assets | $7.8M |
| Transparency Score | 95/100 |
Is Boomer Esiason Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boomer Esiason Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boomer Esiason Foundation
Boomer Esiason Foundation (EIN: 113142753) is a nonprofit organization based in New York, NY, classified under NTEE code E99Z. The organization reported total revenue of $11.0M and total assets of $9.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boomer Esiason Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boomer Esiason Foundation is a large nonprofit that has been operating for 32 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.9M |
| Total Expenses | $5.6M |
| Surplus / Deficit | +$334K |
| Total Assets | $9.5M |
| Total Liabilities | $1.7M |
| Net Assets | $7.8M |
| Operating Margin | 5.6% |
| Debt-to-Asset Ratio | 18.2% |
| Months of Reserves | 20.4 months |
Financial Health Grade: A
In 2024, Boomer Esiason Foundation reported a surplus of $334K with revenue exceeding expenses, holds 20.4 months of operating reserves (strong position), has a debt-to-asset ratio of 18.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Boomer Esiason Foundation's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -18.9% | +3.3% | +4.6% |
| 2023 | +58.0% | +36.5% | +32.0% |
| 2022 | -5.2% | +11.2% | +19.4% |
| 2021 | +39.9% | -22.1% | +15.9% |
| 2020 | -31.6% | -25.6% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Boomer Esiason Foundation with a Mission Score of 95 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, Boomer Esiason 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $334K, with revenue exceeding expenses.
- Debt-to-asset ratio: 18.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees. This is highly unusual for an organization of its size, with revenues consistently in the multi-millions, and suggests a strong commitment to directing funds towards its mission.
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 Boomer Esiason Foundation:
- Consistent 0% officer compensation, indicating high efficiency and mission focus.
- Strong and consistent asset growth, nearly doubling from 202003 to 202403.
- Positive operating margins in most recent periods (e.g., 202403 revenue $5,920,362 vs. expenses $5,586,009).
- Long history of IRS 990 filings (14 filings), demonstrating transparency and compliance.
- Healthy financial reserves with assets significantly exceeding liabilities (e.g., 202403 assets $9,505,141 vs. liabilities $1,727,479).
Frequently Asked Questions about Boomer Esiason Foundation
Is Boomer Esiason Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Boomer Esiason Foundation (EIN: 113142753) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Boomer Esiason Foundation spend its money?
Boomer Esiason Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boomer Esiason Foundation tax-deductible?
Boomer Esiason Foundation is registered as a tax-exempt nonprofit (EIN: 113142753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Boomer Esiason Foundation's spending goes to programs?
Boomer Esiason Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Boomer Esiason Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Boomer Esiason Foundation is above average for NTEE category E99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boomer Esiason Foundation located?
Boomer Esiason Foundation is headquartered in New York, New York and files with the IRS under EIN 113142753. It is classified under NTEE code E99Z.
How many years of IRS 990 filings does Boomer Esiason Foundation have?
Boomer Esiason Foundation has 14 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 $11.0M in total revenue.
Is the Boomer Esiason Foundation financially stable?
Yes, the foundation appears financially stable. Its assets have grown consistently from $4,973,093 in 202003 to $9,505,141 in 202403, and revenues generally exceed expenses, as seen in the 202403 period where revenue was $5,920,362 and expenses were $5,586,009.
How does the Boomer Esiason Foundation manage executive compensation?
The Boomer Esiason Foundation consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no salaries or other compensation are paid to its officers, directors, trustees, or key employees.
Has the foundation's revenue been consistent?
Revenue has fluctuated but generally remained strong, ranging from $3,487,398 in 202003 to $7,304,413 in 202303, demonstrating a capacity to generate significant funds annually.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, nearly doubling from $4,973,093 in 202003 to $9,505,141 in 202403, indicating healthy financial growth and accumulation.
Filing History
IRS 990 filing history for Boomer Esiason Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Boomer Esiason Foundation's revenue has grown by 0.4%, moving from $5.9M to $5.9M. Total assets increased by 123.9% over the same period, from $4.2M to $9.5M. Total functional expenses fell by 6.3%, from $6.0M to $5.6M. In its most recent filing year (2024), Boomer Esiason Foundation reported a surplus of $334K, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $9.5M in assets (debt-to-asset ratio: 18.2%), resulting in net assets of $7.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $5.9M | $5.6M | $9.5M | $1.7M | — | View 990 |
| 2023 | $7.3M | $5.4M | $9.1M | $1.9M | — | — |
| 2022 | $4.6M | $4.0M | $6.9M | $1.4M | — | View 990 |
| 2021 | $4.9M | $3.6M | $5.8M | $949K | — | View 990 |
| 2020 | $3.5M | $4.6M | $5.0M | $1.6M | — | View 990 |
| 2019 | $5.1M | $6.1M | $4.9M | $442K | — | View 990 |
| 2018 | $5.9M | $6.5M | $6.1M | $616K | — | View 990 |
| 2017 | $7.1M | $6.5M | $7.8M | $1.7M | — | View 990 |
| 2016 | $6.5M | $6.0M | $7.2M | $1.7M | — | View 990 |
| 2015 | $6.2M | $6.1M | $6.5M | $1.4M | — | View 990 |
| 2014 | $5.7M | $4.9M | $5.5M | $364K | — | View 990 |
| 2013 | $6.0M | $6.6M | $5.9M | $1.5M | — | View 990 |
| 2012 | $5.9M | $4.7M | $5.3M | $340K | — | View 990 |
| 2011 | $5.9M | $6.0M | $4.2M | $516K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $5.9M, expenses of $5.6M, and assets of $9.5M (revenue -18.9% year-over-year).
- 2023: Revenue of $7.3M, expenses of $5.4M, and assets of $9.1M (revenue +58.0% year-over-year).
- 2022: Revenue of $4.6M, expenses of $4.0M, and assets of $6.9M (revenue -5.2% year-over-year).
- 2021: Revenue of $4.9M, expenses of $3.6M, and assets of $5.8M (revenue +39.9% year-over-year).
- 2020: Revenue of $3.5M, expenses of $4.6M, and assets of $5.0M (revenue -31.6% year-over-year).
- 2019: Revenue of $5.1M, expenses of $6.1M, and assets of $4.9M (revenue -13.5% year-over-year).
- 2018: Revenue of $5.9M, expenses of $6.5M, and assets of $6.1M (revenue -17.0% year-over-year).
- 2017: Revenue of $7.1M, expenses of $6.5M, and assets of $7.8M (revenue +9.7% year-over-year).
- 2016: Revenue of $6.5M, expenses of $6.0M, and assets of $7.2M (revenue +4.6% year-over-year).
- 2015: Revenue of $6.2M, expenses of $6.1M, and assets of $6.5M (revenue +9.0% year-over-year).
- 2014: Revenue of $5.7M, expenses of $4.9M, and assets of $5.5M (revenue -5.2% year-over-year).
- 2013: Revenue of $6.0M, expenses of $6.6M, and assets of $5.9M (revenue +1.0% year-over-year).
- 2012: Revenue of $5.9M, expenses of $4.7M, and assets of $5.3M (revenue +0.6% year-over-year).
- 2011: Revenue of $5.9M, expenses of $6.0M, and assets of $4.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boomer Esiason Foundation:
Data Sources and Methodology
This transparency report for Boomer Esiason 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.