Claire & Maurits Edersheim Foundation
Claire & Maurits Edersheim Foundation maintains substantial assets despite fluctuating revenues and expenses, with no reported officer compensation.
EIN: 136075353 · New Haven, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $904K |
| Program Spending | 80% |
| Net Assets | $6.7M |
| Transparency Score | 75/100 |
Is Claire & Maurits Edersheim Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Claire & Maurits Edersheim Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Claire & Maurits Edersheim Foundation
Claire & Maurits Edersheim Foundation (EIN: 136075353) is a nonprofit organization based in New Haven, CT. The organization reported total revenue of $1.1M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Claire & Maurits Edersheim Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Claire & Maurits Edersheim Foundation is a mid-size nonprofit that has been operating for 65 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $284K |
| Total Expenses | $904K |
| Surplus / Deficit | $-620,452 |
| Total Assets | $6.7M |
| Total Liabilities | $1 |
| Net Assets | $6.7M |
| Operating Margin | -218.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 88.5 months |
Financial Health Grade: B
In 2023, Claire & Maurits Edersheim Foundation reported a deficit of $620K with expenses exceeding revenue, holds 88.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Claire & Maurits Edersheim Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -47.0% | +77.8% | -9.5% |
| 2022 | +56.7% | +15.1% | -1.0% |
| 2021 | -52.5% | -25.7% | -3.1% |
| 2020 | +147.6% | +78.9% | -2.2% |
| 2019 | -91.9% | -38.0% | -7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1961 |
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 Claire & Maurits Edersheim Foundation with a Mission Score of 75 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Claire & Maurits Edersheim Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $620K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all ten years of filings, indicating that no salaries or other compensation are paid to its officers. This suggests a highly volunteer-driven leadership or that compensation is covered by other entities, which significantly reduces administrative overhead.
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 Claire & Maurits Edersheim Foundation's IRS 990 filings:
- Significant annual fluctuations in revenue and expenses, making financial forecasting challenging.
- Expenses exceeded revenue in 2023 ($904,158 expenses vs. $283,706 revenue), indicating a draw on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for Claire & Maurits Edersheim Foundation:
- Substantial and stable asset base ($6,585,830 currently), providing long-term financial security.
- Consistently reports 0% officer compensation, indicating very low executive overhead.
- Extremely low liabilities ($1 across all filings), demonstrating strong financial management and no debt burden.
- Consistent IRS 990 filing history (10 filings), indicating compliance and transparency in reporting.
Frequently Asked Questions about Claire & Maurits Edersheim Foundation
Is Claire & Maurits Edersheim Foundation a legitimate charity?
Claire & Maurits Edersheim Foundation (EIN: 136075353) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Claire & Maurits Edersheim Foundation spend its money?
Claire & Maurits Edersheim Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Claire & Maurits Edersheim Foundation tax-deductible?
Claire & Maurits Edersheim Foundation is registered as a tax-exempt nonprofit (EIN: 136075353). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Claire & Maurits Edersheim Foundation's spending goes to programs?
Claire & Maurits Edersheim Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Claire & Maurits Edersheim Foundation located?
Claire & Maurits Edersheim Foundation is headquartered in New Haven, Connecticut and files with the IRS under EIN 136075353.
How many years of IRS 990 filings does Claire & Maurits Edersheim Foundation have?
Claire & Maurits Edersheim 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 $1.1M in total revenue.
What is the primary purpose or program area of the Claire & Maurits Edersheim Foundation?
The provided data does not specify the NTEE code or a description of the foundation's program areas. To understand its primary purpose, one would need to review the full IRS 990 forms, specifically Part III (Statement of Program Service Accomplishments).
How does the foundation manage its assets given the fluctuating revenue and expenses?
With assets consistently in the millions (currently $6,585,830) and highly variable annual revenues and expenses, it suggests the foundation likely relies on investment income or endowment distributions to fund its activities, rather than solely on annual contributions. The significant expense in 2023 ($904,158) against lower revenue ($283,706) indicates it drew from its asset base or prior year surpluses.
Are the spending breakdown percentages (programs, admin, fundraising) estimated or based on specific data?
The spending breakdown percentages provided (programs: 80%, admin: 15%, fundraising: 5%) are estimates based on typical private foundation operations and the absence of officer compensation, as specific detailed expense categories are not available in the summarized data. A precise breakdown would require reviewing the full IRS 990, Part IX (Statement of Functional Expenses).
Filing History
IRS 990 filing history for Claire & Maurits Edersheim Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Claire & Maurits Edersheim Foundation's revenue has declined by 67.4%, moving from $871K to $284K. Total assets increased by 35.3% over the same period, from $4.9M to $6.7M. Total functional expenses rose by 226.6%, from $277K to $904K. In its most recent filing year (2023), Claire & Maurits Edersheim Foundation reported a deficit of $620K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $284K | $904K | $6.7M | $1 | — | — |
| 2022 | $536K | $509K | $7.4M | $1 | — | View 990 |
| 2021 | $342K | $442K | $7.4M | $1 | — | View 990 |
| 2020 | $720K | $595K | $7.7M | $1 | — | View 990 |
| 2019 | $291K | $332K | $7.8M | $1 | — | View 990 |
| 2015 | $3.6M | $536K | $8.5M | $1 | — | View 990 |
| 2014 | $355K | $339K | $5.4M | $1 | — | View 990 |
| 2013 | $329K | $497K | $5.4M | $1 | — | View 990 |
| 2012 | $779K | $160K | $5.6M | $1 | — | View 990 |
| 2011 | $871K | $277K | $4.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $284K, expenses of $904K, and assets of $6.7M (revenue -47.0% year-over-year).
- 2022: Revenue of $536K, expenses of $509K, and assets of $7.4M (revenue +56.7% year-over-year).
- 2021: Revenue of $342K, expenses of $442K, and assets of $7.4M (revenue -52.5% year-over-year).
- 2020: Revenue of $720K, expenses of $595K, and assets of $7.7M (revenue +147.6% year-over-year).
- 2019: Revenue of $291K, expenses of $332K, and assets of $7.8M (revenue -91.9% year-over-year).
- 2015: Revenue of $3.6M, expenses of $536K, and assets of $8.5M (revenue +916.6% year-over-year).
- 2014: Revenue of $355K, expenses of $339K, and assets of $5.4M (revenue +7.8% year-over-year).
- 2013: Revenue of $329K, expenses of $497K, and assets of $5.4M (revenue -57.8% year-over-year).
- 2012: Revenue of $779K, expenses of $160K, and assets of $5.6M (revenue -10.5% year-over-year).
- 2011: Revenue of $871K, expenses of $277K, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Claire & Maurits Edersheim Foundation:
Data Sources and Methodology
This transparency report for Claire & Maurits Edersheim 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.