Brian P Friedman Family Foundation Inc

Brian P Friedman Family Foundation shows strong asset base and zero executive compensation amidst fluctuating annual revenues.

EIN: 133705915 · East Hampton, NY · Updated: 2026-03-28

$27.0MRevenue
$18.7MAssets
85/100Mission Score (Excellent)

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Brian P Friedman Family Foundation Inc Financial Summary
MetricValue
Total Revenue$27.0M
Total Expenses$1.4M
Program Spending90%
CEO/Top Officer Pay$18,745,361.
Net Assets$4.1M
Transparency Score85/100

Search Intent Cockpit

Brian P Friedman Family Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Brian P Friedman Family Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Brian P Friedman Family Foundation Inc in one place.

Form 990 Filing Summary

9 filing years are available, with latest revenue of $7.3M and expenses of $1.4M.

Revenue and Expenses

Brian P Friedman Family Foundation Inc reported $7.3M in revenue and $1.4M in expenses, a surplus of $5.8M.

Executive Compensation

Top officer compensation appears as $18,745,361. in the stored analysis, with context against revenue and expenses below.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Brian P Friedman Family Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
9Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Brian P Friedman Family Foundation Inc Expense Deployment
Program services$1.3M (90%)

Across stored filings, Brian P Friedman Family Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Brian P Friedman Family Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade A9 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and category context

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Brian P Friedman Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Brian P Friedman Family Foundation Inc

Brian P Friedman Family Foundation Inc (EIN: 133705915) is a nonprofit organization based in East Hampton, NY. The organization reported total revenue of $27.0M and total assets of $18.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brian P Friedman Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

33Years Operating
LargeSize Classification
9Years of Filings
MixedRevenue Trajectory

Brian P Friedman Family Foundation Inc is a large nonprofit that has been operating for 33 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 30.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$7.3M
Total Expenses$1.4M
Surplus / Deficit+$5.8M
Total Assets$4.1M
Total Liabilities$1
Net Assets$4.1M
Operating Margin80.2%
Debt-to-Asset Ratio0.0%
Months of Reserves33.8 months

Financial Health Grade: A

In 2023, Brian P Friedman Family Foundation Inc reported a surplus of $5.8M with revenue exceeding expenses, holds 33.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 9 years of filings (2011–2023), Brian P Friedman Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023+738.3%-50.9%+6.1%
2022-50.9%+143.8%-35.1%
2021+1934.3%+124.0%+10.6%
2020-76.4%-34.9%-7.8%
2019-75.1%-10.9%-26.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1993

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Brian P Friedman Family Foundation Inc. exhibits a fluctuating financial profile, typical of a private foundation primarily engaged in grantmaking. In its latest reported period (202312), the organization reported significant revenue of $7,264,227 against expenses of $1,439,992, indicating a substantial surplus for that year. However, previous years show periods where expenses exceeded revenue, such as in 202212 ($866,533 revenue vs. $2,929,948 expenses) and 201912 ($367,339 revenue vs. $823,969 expenses). This pattern suggests that the foundation's financial health is heavily dependent on its investment performance and contributions, rather than consistent operational income. The foundation consistently reports zero officer compensation across all available filings, which is a positive indicator of efficiency regarding executive pay. With liabilities consistently reported as $1, the organization appears to maintain a very strong balance sheet with minimal debt. The primary function of a family foundation is to distribute grants, and without detailed expense breakdowns beyond total expenses, it's challenging to precisely assess spending efficiency in terms of program vs. administrative costs. However, the absence of officer compensation suggests a lean operational structure at the top. Transparency is generally good given the availability of 990 filings. The consistent reporting of minimal liabilities and zero officer compensation are strong points. To fully assess spending efficiency, a more granular breakdown of expenses (e.g., grants paid, administrative costs, fundraising costs) would be beneficial, which is not readily available from the summary data provided. The significant swings in revenue and expenses year-over-year are characteristic of foundations that rely on investment returns and large, infrequent contributions.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Brian P Friedman Family Foundation Inc 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, Brian P Friedman Family Foundation Inc 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:

$7.3MTotal Revenue
$1.4MTotal Expenses
$4.1MTotal Assets
$1Total Liabilities
$4.1MNet Assets
  • The organization reported a surplus of $5.8M, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that no officers or directors receive salaries from the foundation, which is highly efficient for an organization of its size with assets reaching $18,745,361.

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 Brian P Friedman Family Foundation Inc's IRS 990 filings:

  • Significant year-over-year revenue and expense volatility, making consistent operational analysis challenging.

Strengths

The following positive indicators were identified for Brian P Friedman Family Foundation Inc:

  • Consistently reports zero officer compensation, indicating high efficiency in executive pay.
  • Maintains a very strong balance sheet with minimal liabilities ($1 across all filings).
  • Significant asset base ($18,745,361 latest) provides long-term financial stability for its mission.
  • Latest period (202312) shows a substantial surplus ($7,264,227 revenue vs. $1,439,992 expenses).

Frequently Asked Questions about Brian P Friedman Family Foundation Inc

Is Brian P Friedman Family Foundation Inc a legitimate charity?

Brian P Friedman Family Foundation Inc (EIN: 133705915) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $27.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Brian P Friedman Family Foundation Inc spend its money?

Brian P Friedman Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Brian P Friedman Family Foundation Inc tax-deductible?

Brian P Friedman Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133705915). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Brian P Friedman Family Foundation Inc CEO make?

Brian P Friedman Family Foundation Inc's highest-compensated officer earns $18,745,361. annually. The organization reported $27.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is Brian P Friedman Family Foundation Inc located?

Brian P Friedman Family Foundation Inc is headquartered in East Hampton, New York and files with the IRS under EIN 133705915.

How many years of IRS 990 filings does Brian P Friedman Family Foundation Inc have?

Brian P Friedman Family Foundation Inc has 9 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 $27.0M in total revenue.

Is the Brian P Friedman Family Foundation Inc. financially stable?

Yes, despite fluctuating annual revenues and expenses, the foundation maintains a strong asset base, most recently $18,745,361, and consistently reports minimal liabilities ($1), indicating robust financial stability.

How does the foundation manage executive compensation?

The foundation reports 0% officer compensation in all available filings, meaning no salaries are paid to its officers, which is a highly efficient practice.

What is the primary financial activity of this organization?

As a family foundation, its primary financial activity appears to be managing its endowment and distributing grants, as evidenced by significant revenue fluctuations and a strong asset base.

Filing History

IRS 990 filing history for Brian P Friedman Family Foundation Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2023), Brian P Friedman Family Foundation Inc's revenue has grown by 2313.2%, moving from $301K to $7.3M. Total assets decreased by 45.7% over the same period, from $7.5M to $4.1M. Total functional expenses rose by 224.8%, from $443K to $1.4M. In its most recent filing year (2023), Brian P Friedman Family Foundation Inc reported a surplus of $5.8M, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $7.3M $1.4M $4.1M $1
2022 $867K $2.9M $3.8M $1 View 990
2021 $1.8M $1.2M $5.9M $1 View 990
2020 $87K $536K $5.3M $1 View 990
2019 $367K $824K $5.8M $1 View 990
2014 $1.5M $925K $7.8M $1 View 990
2013 $248K $1.3M $7.3M $1 View 990
2012 $3.5M $695K $8.3M $1 View 990
2011 $301K $443K $7.5M $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $7.3M, expenses of $1.4M, and assets of $4.1M (revenue +738.3% year-over-year).
  • 2022: Revenue of $867K, expenses of $2.9M, and assets of $3.8M (revenue -50.9% year-over-year).
  • 2021: Revenue of $1.8M, expenses of $1.2M, and assets of $5.9M (revenue +1934.3% year-over-year).
  • 2020: Revenue of $87K, expenses of $536K, and assets of $5.3M (revenue -76.4% year-over-year).
  • 2019: Revenue of $367K, expenses of $824K, and assets of $5.8M (revenue -75.1% year-over-year).
  • 2014: Revenue of $1.5M, expenses of $925K, and assets of $7.8M (revenue +495.8% year-over-year).
  • 2013: Revenue of $248K, expenses of $1.3M, and assets of $7.3M (revenue -92.9% year-over-year).
  • 2012: Revenue of $3.5M, expenses of $695K, and assets of $8.3M (revenue +1065.9% year-over-year).
  • 2011: Revenue of $301K, expenses of $443K, and assets of $7.5M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Brian P Friedman Family Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Brian P Friedman Family 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.

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