Columbus Citizens Foundation Inc

Columbus Citizens Foundation experiences revenue shortfalls in recent years, relying on assets to cover expenses.

EIN: 136118967 · New York, NY · NTEE: A230 · Updated: 2026-03-28

$14.0MRevenue

$30.4MAssets

75/100Mission Score (Good)

A230

About Columbus Citizens Foundation Inc

Columbus Citizens Foundation Inc (EIN: 136118967) is a nonprofit organization based in New York, NY, classified under NTEE code A230. The organization reported total revenue of $14.0M and total assets of $30.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbus Citizens Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Columbus Citizens Foundation Inc. demonstrates a generally stable financial position with assets consistently around $28-32 million over the past few years, reaching $29,121,394 in 2023. However, recent filings show a trend of expenses exceeding revenue. In 2023, expenses were $4,859,979 against revenue of $3,303,730, and in 2022, expenses were $4,393,164 against revenue of $3,614,486. This indicates a reliance on prior year surpluses or investment income to cover operational costs, which could be a concern if sustained.

The organization's spending efficiency appears to be a mixed bag. While specific program spending ratios are not detailed in the provided data, the consistent deficit in recent years suggests that the organization is spending more than it is bringing in through direct revenue. The absence of reported officer compensation is a positive indicator for transparency and efficient use of funds at the executive level. Further analysis of their functional expense breakdown would be necessary to fully assess spending efficiency.

Transparency is strong regarding executive compensation, with 0% reported for officer compensation across all provided filings. The consistent filing of IRS Form 990s over 14 periods also indicates a commitment to regulatory compliance and public disclosure. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of their spending efficiency and programmatic impact remains challenging.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Columbus Citizens Foundation Inc 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: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Columbus Citizens 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

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is a strong positive for financial efficiency and resource allocation.

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 Columbus Citizens Foundation Inc's IRS 990 filings:

Consistent operating deficits in recent years (2022, 2023) where expenses exceeded revenue.
Significant decline in annual revenue from a peak of over $7 million in 2014 to $3.3 million in 2023.

Strengths

The following positive indicators were identified for Columbus Citizens Foundation Inc:

No reported officer compensation, indicating efficient use of funds at the executive level.
Strong asset base of over $29 million provides financial stability despite recent operating deficits.
Consistent history of IRS 990 filings demonstrates commitment to transparency and compliance.

Frequently Asked Questions about Columbus Citizens Foundation Inc

Is Columbus Citizens Foundation Inc. financially sustainable given recent revenue shortfalls?

The organization has experienced expenses exceeding revenue in 2023 ($4,859,979 vs. $3,303,730) and 2022 ($4,393,164 vs. $3,614,486). While current assets of $29,121,394 provide a buffer, a sustained trend of operating deficits could impact long-term sustainability if not addressed.

What is the trend in the organization's assets and liabilities?

Assets have remained relatively stable, fluctuating between $28 million and $32 million over the past few years, with $29,121,394 in 2023. Liabilities have also been stable, generally ranging from $2 million to $3 million, with $3,044,097 in 2023.

How does the organization's revenue compare to its peak?

The latest reported revenue of $3,303,730 (2023) is significantly lower than its peak revenue of $7,174,289 in 2014, indicating a substantial decline in annual income over the decade.

Filing History

IRS 990 filing history for Columbus Citizens Foundation Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Columbus Citizens Foundation Inc's revenue has declined by 30.5%, moving from $4.8M to $3.3M. Total assets increased by 90.8% over the same period, from $15.3M to $29.1M. Total functional expenses rose by 11.9%, from $4.3M to $4.9M. In its most recent filing year (2023), Columbus Citizens Foundation Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $3.0M in liabilities against $29.1M in assets (debt-to-asset ratio: 10.5%), resulting in net assets of $26.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.3M	$4.9M	$29.1M	$3.0M	—	—
2022	$3.6M	$4.4M	$28.4M	$2.6M	—	View 990
2021	$6.0M	$4.4M	$32.9M	$2.6M	—	View 990
2020	$3.8M	$4.4M	$30.3M	$3.0M	—	View 990
2019	$3.7M	$4.8M	$29.7M	$2.8M	—	View 990
2018	$6.3M	$4.6M	$28.4M	$2.1M	—	View 990
2017	$6.8M	$4.7M	$29.0M	$2.3M	—	View 990
2016	$5.9M	$4.4M	$26.2M	$2.2M	—	View 990
2015	$6.3M	$4.2M	$24.1M	$2.2M	—	View 990
2014	$7.2M	$4.0M	$23.1M	$2.0M	—	View 990
2013	$4.7M	$4.4M	$19.8M	$1.9M	—	View 990
2012	$5.7M	$4.4M	$18.0M	$1.7M	—	View 990
2011	$5.3M	$3.8M	$16.2M	$1.6M	—	View 990
2010	$4.8M	$4.3M	$15.3M	$1.9M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.3M, expenses of $4.9M, and assets of $29.1M (revenue -8.6% year-over-year).
2022: Revenue of $3.6M, expenses of $4.4M, and assets of $28.4M (revenue -40.2% year-over-year).
2021: Revenue of $6.0M, expenses of $4.4M, and assets of $32.9M (revenue +58.4% year-over-year).
2020: Revenue of $3.8M, expenses of $4.4M, and assets of $30.3M (revenue +3.5% year-over-year).
2019: Revenue of $3.7M, expenses of $4.8M, and assets of $29.7M (revenue -41.5% year-over-year).
2018: Revenue of $6.3M, expenses of $4.6M, and assets of $28.4M (revenue -7.1% year-over-year).
2017: Revenue of $6.8M, expenses of $4.7M, and assets of $29.0M (revenue +15.3% year-over-year).
2016: Revenue of $5.9M, expenses of $4.4M, and assets of $26.2M (revenue -7.2% year-over-year).
2015: Revenue of $6.3M, expenses of $4.2M, and assets of $24.1M (revenue -11.6% year-over-year).
2014: Revenue of $7.2M, expenses of $4.0M, and assets of $23.1M (revenue +51.2% year-over-year).
2013: Revenue of $4.7M, expenses of $4.4M, and assets of $19.8M (revenue -17.1% year-over-year).
2012: Revenue of $5.7M, expenses of $4.4M, and assets of $18.0M (revenue +7.1% year-over-year).
2011: Revenue of $5.3M, expenses of $3.8M, and assets of $16.2M (revenue +12.4% year-over-year).
2010: Revenue of $4.8M, expenses of $4.3M, and assets of $15.3M.

Data Sources and Methodology

This transparency report for Columbus Citizens 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.