Daniel M Neidich And Brooke Garber Foundation
Daniel M Neidich And Brooke Garber Foundation shows fluctuating revenues and assets with zero reported officer compensation.
EIN: 133318126 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $950K |
| Program Spending | 90% |
| Net Assets | $491K |
| Transparency Score | 85/100 |
Is Daniel M Neidich And Brooke Garber Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Daniel M Neidich And Brooke Garber Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Daniel M Neidich And Brooke Garber Foundation
Daniel M Neidich And Brooke Garber Foundation (EIN: 133318126) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.5M and total assets of $352K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daniel M Neidich And Brooke Garber Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Daniel M Neidich And Brooke Garber Foundation is a mid-size nonprofit that has been operating for 40 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $950K |
| Surplus / Deficit | +$1.1M |
| Total Assets | $491K |
| Total Liabilities | $1 |
| Net Assets | $491K |
| Operating Margin | 54.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2024, Daniel M Neidich And Brooke Garber Foundation reported a surplus of $1.1M with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Daniel M Neidich And Brooke Garber Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +2.8% | -21.4% | +55.7% |
| 2023 | +151.8% | -1.9% | -46.6% |
| 2022 | -76.0% | +12.8% | -42.4% |
| 2021 | -33.0% | -46.5% | +9.5% |
| 2020 | +47.8% | +32.6% | -42.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Daniel M Neidich And Brooke Garber Foundation 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Daniel M Neidich And Brooke Garber Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid from the foundation's funds, which is highly favorable for resource allocation directly to its mission.
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 Daniel M Neidich And Brooke Garber Foundation's IRS 990 filings:
- Significant year-over-year fluctuations in assets and revenue, which could indicate unpredictable funding or large, infrequent distributions.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a precise assessment of spending efficiency.
- Unknown NTEE code makes it difficult to benchmark against peer organizations.
Strengths
The following positive indicators were identified for Daniel M Neidich And Brooke Garber Foundation:
- Consistent reporting of 0% officer compensation, indicating no executive salaries are paid from the foundation's funds.
- Generally low liabilities (often $1), suggesting a healthy balance sheet and minimal debt.
- Revenues have frequently exceeded expenses in recent years, contributing to financial stability.
Frequently Asked Questions about Daniel M Neidich And Brooke Garber Foundation
Is Daniel M Neidich And Brooke Garber Foundation a legitimate charity?
Daniel M Neidich And Brooke Garber Foundation (EIN: 133318126) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $2.5M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Daniel M Neidich And Brooke Garber Foundation spend its money?
Daniel M Neidich And Brooke Garber Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Daniel M Neidich And Brooke Garber Foundation tax-deductible?
Daniel M Neidich And Brooke Garber Foundation is registered as a tax-exempt nonprofit (EIN: 133318126). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Daniel M Neidich And Brooke Garber Foundation's spending goes to programs?
Daniel M Neidich And Brooke Garber Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Daniel M Neidich And Brooke Garber Foundation located?
Daniel M Neidich And Brooke Garber Foundation is headquartered in New York, New York and files with the IRS under EIN 133318126.
How many years of IRS 990 filings does Daniel M Neidich And Brooke Garber Foundation have?
Daniel M Neidich And Brooke Garber Foundation has 11 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 $2.5M in total revenue.
Is Daniel M Neidich And Brooke Garber Foundation a good charity?
Based on the available data, the foundation appears to be a responsible steward of funds, consistently reporting zero officer compensation and generally managing expenses below revenue. However, without detailed program spending information, a full assessment of its impact and efficiency is limited.
How has the foundation's asset base changed over time?
The foundation's assets have fluctuated significantly, peaking at $2,569,661 in 2012, declining to $315,638 in 2023, and then recovering slightly to $491,485 in 2024. This volatility suggests varying investment strategies or significant grant distributions.
What is the trend in the foundation's revenue?
Revenue has been highly variable, ranging from a low of $699,608 in 2012 to a high of $4,965,629 in 2020, indicating an inconsistent funding stream or strategic decisions regarding contributions.
Filing History
IRS 990 filing history for Daniel M Neidich And Brooke Garber Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Daniel M Neidich And Brooke Garber Foundation's revenue has grown by 81.3%, moving from $1.1M to $2.1M. Total assets decreased by 88.1% over the same period, from $4.1M to $491K. Total functional expenses fell by 66.7%, from $2.9M to $950K. In its most recent filing year (2024), Daniel M Neidich And Brooke Garber Foundation reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $491K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $491K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.1M | $950K | $491K | $1 | — | View 990 |
| 2023 | $2.0M | $1.2M | $316K | $1 | — | View 990 |
| 2022 | $799K | $1.2M | $591K | $1 | — | View 990 |
| 2021 | $3.3M | $1.1M | $1.0M | $1 | — | View 990 |
| 2020 | $5.0M | $2.0M | $936K | $1 | — | View 990 |
| 2016 | $3.4M | $1.5M | $1.6M | $1 | — | View 990 |
| 2015 | $3.1M | $1.7M | $1.2M | $1 | — | View 990 |
| 2014 | $1.8M | $2.2M | $857K | $1 | — | View 990 |
| 2013 | $1.4M | $2.2M | $1.7M | $0 | — | View 990 |
| 2012 | $700K | $2.3M | $2.6M | $0 | — | View 990 |
| 2011 | $1.1M | $2.9M | $4.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.1M, expenses of $950K, and assets of $491K (revenue +2.8% year-over-year).
- 2023: Revenue of $2.0M, expenses of $1.2M, and assets of $316K (revenue +151.8% year-over-year).
- 2022: Revenue of $799K, expenses of $1.2M, and assets of $591K (revenue -76.0% year-over-year).
- 2021: Revenue of $3.3M, expenses of $1.1M, and assets of $1.0M (revenue -33.0% year-over-year).
- 2020: Revenue of $5.0M, expenses of $2.0M, and assets of $936K (revenue +47.8% year-over-year).
- 2016: Revenue of $3.4M, expenses of $1.5M, and assets of $1.6M (revenue +9.3% year-over-year).
- 2015: Revenue of $3.1M, expenses of $1.7M, and assets of $1.2M (revenue +75.3% year-over-year).
- 2014: Revenue of $1.8M, expenses of $2.2M, and assets of $857K (revenue +26.1% year-over-year).
- 2013: Revenue of $1.4M, expenses of $2.2M, and assets of $1.7M (revenue +98.8% year-over-year).
- 2012: Revenue of $700K, expenses of $2.3M, and assets of $2.6M (revenue -38.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $2.9M, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Daniel M Neidich And Brooke Garber Foundation:
Data Sources and Methodology
This transparency report for Daniel M Neidich And Brooke Garber 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.