David Berg Foundation Inc
David Berg Foundation Inc. consistently operates with substantial assets but has shown recent years of expenses exceeding revenue.
EIN: 133753217 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $43.6M |
| Total Expenses | $5.0M |
| Program Spending | 85% |
| Net Assets | $90.5M |
| Transparency Score | 85/100 |
Is David Berg Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David Berg Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David Berg Foundation Inc
David Berg Foundation Inc (EIN: 133753217) is a nonprofit organization based in New York, NY. The organization reported total revenue of $43.6M and total assets of $95.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David Berg Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David Berg Foundation Inc is a large nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -22.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $5.0M |
| Surplus / Deficit | $-2,092,002 |
| Total Assets | $92.6M |
| Total Liabilities | $2.1M |
| Net Assets | $90.5M |
| Operating Margin | -70.7% |
| Debt-to-Asset Ratio | 2.2% |
| Months of Reserves | 220.0 months |
Financial Health Grade: B
In 2023, David Berg Foundation Inc reported a deficit of $2.1M with expenses exceeding revenue, holds 220.0 months of operating reserves (strong position), has a debt-to-asset ratio of 2.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), David Berg Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -22.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +86.3% | -22.6% | +0.5% |
| 2022 | -78.5% | +43.3% | -17.5% |
| 2021 | +30.1% | -15.9% | +0.9% |
| 2020 | +25.5% | +11.0% | +11.0% |
| 2019 | -8.7% | -35.7% | +1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 David Berg 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: 85%
- fundraising: 5%
According to IRS 990 filings, David Berg Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $2.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.2%.
Executive Compensation Analysis
The David Berg Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating a highly efficient use of funds at the executive level and strong financial stewardship in this area.
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 David Berg Foundation Inc's IRS 990 filings:
- Consistent negative operating margins in recent years (e.g., 2023 and 2022 expenses significantly exceeded revenue).
Strengths
The following positive indicators were identified for David Berg Foundation Inc:
- Substantial asset base (over $90 million in recent years) provides strong financial backing.
- Consistent reporting of 0% officer compensation, indicating excellent executive-level spending efficiency and transparency.
- Long history of IRS 990 filings (10 filings) suggests consistent compliance and operational longevity.
Frequently Asked Questions about David Berg Foundation Inc
Is David Berg Foundation Inc a legitimate charity?
David Berg Foundation Inc (EIN: 133753217) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $43.6M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does David Berg Foundation Inc spend its money?
David Berg Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to David Berg Foundation Inc tax-deductible?
David Berg Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133753217). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of David Berg Foundation Inc's spending goes to programs?
David Berg Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is David Berg Foundation Inc located?
David Berg Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133753217.
How many years of IRS 990 filings does David Berg Foundation Inc have?
David Berg Foundation Inc 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 $43.6M in total revenue.
Is David Berg Foundation Inc. financially stable?
Yes, the organization appears financially stable due to its substantial asset base, which has consistently been over $90 million in recent years, despite recent operating deficits.
Why are expenses exceeding revenue in recent years?
In 2023, expenses were $5,049,539 against $2,957,537 in revenue, and in 2022, expenses were $6,525,734 against $1,587,422 in revenue. This indicates the organization is likely utilizing its accumulated assets to fund its operations and programs.
Does the organization pay its officers?
No, the organization consistently reports 0% officer compensation across all available filings, indicating no salaries or benefits are paid to its officers.
Filing History
IRS 990 filing history for David Berg Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), David Berg Foundation Inc's revenue has declined by 95.4%, moving from $64.7M to $3.0M. Total assets increased by 4.7% over the same period, from $88.4M to $92.6M. Total functional expenses fell by 39.6%, from $8.4M to $5.0M. In its most recent filing year (2023), David Berg Foundation Inc reported a deficit of $2.1M, with expenses exceeding revenue. The organization holds $2.1M in liabilities against $92.6M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $90.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $5.0M | $92.6M | $2.1M | — | View 990 |
| 2022 | $1.6M | $6.5M | $92.1M | $2.9M | — | View 990 |
| 2021 | $7.4M | $4.6M | $111.7M | $2.0M | — | View 990 |
| 2020 | $5.7M | $5.4M | $110.7M | $3.5M | — | View 990 |
| 2019 | $4.5M | $4.9M | $99.8M | $3.5M | — | View 990 |
| 2015 | $5.0M | $7.6M | $98.4M | $2.8M | — | View 990 |
| 2014 | $7.0M | $6.7M | $106.6M | $2.7M | — | View 990 |
| 2013 | $12.8M | $7.1M | $107.4M | $2.5M | — | View 990 |
| 2012 | $9.6M | $7.2M | $94.3M | $1.7M | — | View 990 |
| 2011 | $64.7M | $8.4M | $88.4M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $5.0M, and assets of $92.6M (revenue +86.3% year-over-year).
- 2022: Revenue of $1.6M, expenses of $6.5M, and assets of $92.1M (revenue -78.5% year-over-year).
- 2021: Revenue of $7.4M, expenses of $4.6M, and assets of $111.7M (revenue +30.1% year-over-year).
- 2020: Revenue of $5.7M, expenses of $5.4M, and assets of $110.7M (revenue +25.5% year-over-year).
- 2019: Revenue of $4.5M, expenses of $4.9M, and assets of $99.8M (revenue -8.7% year-over-year).
- 2015: Revenue of $5.0M, expenses of $7.6M, and assets of $98.4M (revenue -29.3% year-over-year).
- 2014: Revenue of $7.0M, expenses of $6.7M, and assets of $106.6M (revenue -45.3% year-over-year).
- 2013: Revenue of $12.8M, expenses of $7.1M, and assets of $107.4M (revenue +33.6% year-over-year).
- 2012: Revenue of $9.6M, expenses of $7.2M, and assets of $94.3M (revenue -85.2% year-over-year).
- 2011: Revenue of $64.7M, expenses of $8.4M, and assets of $88.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David Berg Foundation Inc:
Data Sources and Methodology
This transparency report for David Berg 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.