Cannstatter Foundation Inc
Cannstatter Foundation Inc. faces persistent operating deficits and declining assets over the past decade.
EIN: 133874613 · Wyckoff, NJ · NTEE: T20J · Updated: 2026-03-28
Is Cannstatter Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cannstatter Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Cannstatter Foundation Inc
Cannstatter Foundation Inc (EIN: 133874613) is a nonprofit organization based in Wyckoff, NJ, classified under NTEE code T20J. The organization reported total revenue of $265K and total assets of $819K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cannstatter Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cannstatter Foundation Inc with a Mission Score of 45 out of 100 (Fair). 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, Cannstatter Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, which is commendable and indicates that executive salaries are not a drain on the foundation's resources.
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 Cannstatter Foundation Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $63,244 loss in 2023, $99,290 loss in 2022).
- Significant and continuous decline in total assets over the past decade (from $1,350,756 in 2011 to $893,280 in 2023).
- Revenue volatility, with a large spike in 2011 not sustained in subsequent years.
- Lack of detailed expense breakdown in provided data makes it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for Cannstatter Foundation Inc:
- Zero officer compensation reported, indicating no executive salary burden.
- Consistent filing of IRS Form 990s, demonstrating compliance and transparency in reporting.
- Maintained a substantial asset base, despite declines, which could provide a buffer for future operations.
Frequently Asked Questions about Cannstatter Foundation Inc
Is Cannstatter Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Cannstatter Foundation Inc (EIN: 133874613) significant concerns. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
How does Cannstatter Foundation Inc spend its money?
Cannstatter Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cannstatter Foundation Inc tax-deductible?
Cannstatter Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133874613). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Cannstatter Foundation Inc. financially sustainable?
Based on the consistent operating deficits (e.g., $196,618 revenue vs. $259,862 expenses in 2023) and a steady decline in assets from $1,350,756 in 2011 to $893,280 in 2023, the organization's current financial model appears unsustainable in the long term without significant changes to revenue generation or expense management.
What caused the significant revenue spike in 2011?
The 2011 revenue of $629,384 is an outlier compared to subsequent years, which typically saw revenues below $200,000. Without access to the detailed 990 filing for that period, it's impossible to determine the specific source (e.g., a large one-time donation, a major event, or asset sale) that contributed to this anomaly.
How does the organization allocate its expenses between program services, administration, and fundraising?
The provided data only gives total expenses. Without a detailed breakdown from the IRS 990 filings, it is not possible to definitively state the exact allocation of expenses among programs, administration, and fundraising. This lack of detail hinders a full assessment of spending efficiency.
Filing History
IRS 990 filing history for Cannstatter Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Cannstatter Foundation Inc's revenue has declined by 68.8%, moving from $629K to $197K. Total assets decreased by 33.9% over the same period, from $1.4M to $893K. Total functional expenses rose by 428.8%, from $49K to $260K. In its most recent filing year (2023), Cannstatter Foundation Inc reported a deficit of $63K, with expenses exceeding revenue. The organization holds $1 in liabilities against $893K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $893K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $197K | $260K | $893K | $1 | — | View 990 |
| 2022 | $70K | $169K | $957K | $1 | — | View 990 |
| 2021 | $157K | $193K | $1.1M | $1 | — | View 990 |
| 2020 | $35K | $95K | $1.1M | $1 | — | — |
| 2019 | $217K | $97K | $1.2M | $1 | — | View 990 |
| 2015 | $29K | $77K | $1.2M | $1 | — | View 990 |
| 2014 | $43K | $77K | $1.3M | $1 | — | View 990 |
| 2013 | $56K | $77K | $1.3M | $1 | — | View 990 |
| 2012 | $35K | $53K | $1.3M | $1 | — | View 990 |
| 2011 | $629K | $49K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $197K, expenses of $260K, and assets of $893K (revenue +180.2% year-over-year).
- 2022: Revenue of $70K, expenses of $169K, and assets of $957K (revenue -55.4% year-over-year).
- 2021: Revenue of $157K, expenses of $193K, and assets of $1.1M (revenue +344.3% year-over-year).
- 2020: Revenue of $35K, expenses of $95K, and assets of $1.1M (revenue -83.6% year-over-year).
- 2019: Revenue of $217K, expenses of $97K, and assets of $1.2M (revenue +642.3% year-over-year).
- 2015: Revenue of $29K, expenses of $77K, and assets of $1.2M (revenue -32.5% year-over-year).
- 2014: Revenue of $43K, expenses of $77K, and assets of $1.3M (revenue -22.8% year-over-year).
- 2013: Revenue of $56K, expenses of $77K, and assets of $1.3M (revenue +60.0% year-over-year).
- 2012: Revenue of $35K, expenses of $53K, and assets of $1.3M (revenue -94.4% year-over-year).
- 2011: Revenue of $629K, expenses of $49K, and assets of $1.4M.
Data Sources and Methodology
This transparency report for Cannstatter 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.