Botwinick Wolfensohn Foundation Inc
Botwinick Wolfensohn Foundation consistently spends more than it earns, relying on substantial assets, with a recent surge in liabilities.
EIN: 136111833 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.1M |
| Total Expenses | $1.1M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $20.1M |
| Transparency Score | 65/100 |
Is Botwinick Wolfensohn Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Botwinick Wolfensohn Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Botwinick Wolfensohn Foundation Inc
Botwinick Wolfensohn Foundation Inc (EIN: 136111833) is a nonprofit organization based in New York, NY. The organization reported total revenue of $11.1M and total assets of $26.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Botwinick Wolfensohn Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Botwinick Wolfensohn Foundation Inc is a large nonprofit that has been operating for 73 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 34.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-106,121 |
| Total Assets | $20.1M |
| Total Liabilities | $13K |
| Net Assets | $20.1M |
| Operating Margin | -10.5% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 215.5 months |
Financial Health Grade: B
In 2023, Botwinick Wolfensohn Foundation Inc reported a deficit of $106K with expenses exceeding revenue, holds 215.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Botwinick Wolfensohn Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 34.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +37.9% | -18.6% | +35.1% |
| 2022 | +847.5% | +76.7% | -20.1% |
| 2021 | -76.7% | -2.2% | +14.1% |
| 2020 | +9.7% | +8.0% | +16.1% |
| 2019 | +213.7% | +2.0% | +9.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1953 |
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 Botwinick Wolfensohn Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Botwinick Wolfensohn Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $106K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led or uncompensated executive structure, which is highly efficient in terms of leadership costs for an organization with assets exceeding $20 million.
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 Botwinick Wolfensohn Foundation Inc's IRS 990 filings:
- Consistent operational deficit (expenses exceeding revenue) across multiple years, e.g., $1,120,709 expenses vs. $1,014,588 revenue in 2023.
- Dramatic increase in liabilities from $1,137 in 2022 to $13,466,000 in 2023, requiring further explanation.
- Lack of NTEE code, hindering understanding of mission and peer comparison.
Strengths
The following positive indicators were identified for Botwinick Wolfensohn Foundation Inc:
- Substantial and growing asset base, reaching $20,128,215 in 2023, providing financial stability.
- 0% reported officer compensation across all filings, indicating efficient use of funds at the leadership level.
- Consistent filing of IRS Form 990s, demonstrating regulatory compliance and transparency in reporting.
Frequently Asked Questions about Botwinick Wolfensohn Foundation Inc
Is Botwinick Wolfensohn Foundation Inc a legitimate charity?
Botwinick Wolfensohn Foundation Inc (EIN: 136111833) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $11.1M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Botwinick Wolfensohn Foundation Inc spend its money?
Botwinick Wolfensohn Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Botwinick Wolfensohn Foundation Inc tax-deductible?
Botwinick Wolfensohn Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136111833). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Botwinick Wolfensohn Foundation Inc CEO make?
Botwinick Wolfensohn Foundation Inc's highest-compensated officer earns $20 annually. The organization reported $11.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Botwinick Wolfensohn Foundation Inc's spending goes to programs?
Botwinick Wolfensohn Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Botwinick Wolfensohn Foundation Inc located?
Botwinick Wolfensohn Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136111833.
How many years of IRS 990 filings does Botwinick Wolfensohn Foundation Inc have?
Botwinick Wolfensohn Foundation Inc 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 $11.1M in total revenue.
What caused the significant increase in liabilities from $1,137 in 2022 to $13,466,000 in 2023?
The provided data does not specify the reason for this dramatic increase in liabilities. It could be due to new investments, loans, or other financial obligations that would require further investigation of the full IRS 990 form.
How does the foundation sustain its operations given that expenses frequently exceed revenue?
The foundation appears to sustain its operations by drawing from its substantial asset base, which was $20,128,215 in 2023. This strategy is common for foundations that distribute grants or make investments.
What is the specific mission or program area of the Botwinick Wolfensohn Foundation Inc.?
The NTEE code is unknown in the provided data, making it difficult to ascertain the specific mission or program area of the foundation.
What is the long-term strategy for managing the consistent operational deficit?
The provided data does not detail the foundation's long-term strategy for managing its operational deficit. It's possible they are intentionally spending down assets or anticipate future revenue increases not yet reflected.
What is the breakdown of expenses into program, administrative, and fundraising costs?
The provided summary data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making a precise assessment of spending efficiency challenging.
Filing History
IRS 990 filing history for Botwinick Wolfensohn Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Botwinick Wolfensohn Foundation Inc's revenue has grown by 3438.4%, moving from $29K to $1.0M. Total assets increased by 47.9% over the same period, from $13.6M to $20.1M. Total functional expenses rose by 53.4%, from $730K to $1.1M. In its most recent filing year (2023), Botwinick Wolfensohn Foundation Inc reported a deficit of $106K, with expenses exceeding revenue. The organization holds $13K in liabilities against $20.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $20.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $20.1M | $13K | — | — |
| 2022 | $736K | $1.4M | $14.9M | $1K | — | View 990 |
| 2021 | $78K | $780K | $18.7M | $9K | — | View 990 |
| 2020 | $333K | $797K | $16.4M | $74K | — | View 990 |
| 2019 | $303K | $738K | $14.1M | $78K | — | — |
| 2015 | $97K | $724K | $12.9M | $8K | — | View 990 |
| 2014 | $213K | $744K | $13.7M | $47K | — | View 990 |
| 2013 | $68K | $750K | $13.6M | $44K | — | View 990 |
| 2012 | $1.2M | $761K | $14.0M | $45K | — | View 990 |
| 2011 | $29K | $730K | $13.6M | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.1M, and assets of $20.1M (revenue +37.9% year-over-year).
- 2022: Revenue of $736K, expenses of $1.4M, and assets of $14.9M (revenue +847.5% year-over-year).
- 2021: Revenue of $78K, expenses of $780K, and assets of $18.7M (revenue -76.7% year-over-year).
- 2020: Revenue of $333K, expenses of $797K, and assets of $16.4M (revenue +9.7% year-over-year).
- 2019: Revenue of $303K, expenses of $738K, and assets of $14.1M (revenue +213.7% year-over-year).
- 2015: Revenue of $97K, expenses of $724K, and assets of $12.9M (revenue -54.7% year-over-year).
- 2014: Revenue of $213K, expenses of $744K, and assets of $13.7M (revenue +213.2% year-over-year).
- 2013: Revenue of $68K, expenses of $750K, and assets of $13.6M (revenue -94.5% year-over-year).
- 2012: Revenue of $1.2M, expenses of $761K, and assets of $14.0M (revenue +4221.1% year-over-year).
- 2011: Revenue of $29K, expenses of $730K, and assets of $13.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Botwinick Wolfensohn Foundation Inc:
Data Sources and Methodology
This transparency report for Botwinick Wolfensohn Foundation Inc 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.