Debs Foundation

Debs Foundation experiences significant financial volatility, with recent negative revenue and asset decline.

EIN: 133639449 · Fort Lee, NJ · Updated: 2026-03-28

$562KRevenue
$446KAssets
65/100Mission Score (Good)
Debs Foundation Financial Summary
MetricValue
Total Revenue$562K
Total Expenses$398K
Program Spending75%
Net Assets$755K
Transparency Score65/100

Search Intent Cockpit

Debs Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Debs Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Debs Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $-62,530 and expenses of $398K.

Revenue and Expenses

Revenue, expense, and surplus data is shown where available from IRS 990 records.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

65/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.

Is Debs Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
4 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
75%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Debs Foundation Expense Deployment
Program services$298K (75%)

Across stored filings, Debs Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Debs Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 4 red flags identified
Mission spend75% to programsExcellent
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Dance For The Cure IncNew Jersey and category context

Trust Check

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Local and Sector Spokes

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Fort Lee, NJ nonprofits

Follow the Money

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Donation Decision Flow

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2

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75% of spending goes to programs.

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Debs Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Debs Foundation

Debs Foundation (EIN: 133639449) is a nonprofit organization based in Fort Lee, NJ. The organization reported total revenue of $562K and total assets of $446K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Debs Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

34Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Debs Foundation is a small nonprofit that has been operating for 34 years, with 10 years of IRS 990 filings on record (2011–2023).

Financial Trends

YearRevenue ChangeExpense ChangeAsset Change
2023-108.3%-44.8%-37.9%
2022-41.0%-10.8%+2.7%
2021+337.7%+53.9%+64.8%
2020-25.2%-27.2%-24.6%
2019+-0.0%+8.0%+77.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1992

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Debs Foundation exhibits highly volatile financial performance, with significant fluctuations in both revenue and expenses over the past decade. The most recent filing (202312) shows a concerning negative revenue of $-62,530 against expenses of $397,659, leading to a substantial net loss and a decrease in assets from $1,214,982 in 2022 to $754,793. This follows a period of strong revenue in 2021 ($1,272,954) and 2022 ($751,660). The organization consistently reports minimal liabilities ($1), which is a positive indicator of financial stability in terms of debt. However, the lack of consistent positive net income and the recent sharp decline in assets warrant closer scrutiny regarding long-term sustainability and financial management practices. The absence of reported officer compensation across all filings suggests either a fully volunteer-run leadership or compensation being reported under other expense categories, which could impact transparency if not clearly disclosed elsewhere.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Debs Foundation with a Mission Score of 65 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: 75%
  • fundraising: 10%

According to IRS 990 filings, Debs Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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:

$-62,530Total Revenue
$398KTotal Expenses
$755KTotal Assets
$1Total Liabilities
$755KNet Assets
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The Debs Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which enhances its efficiency 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 Debs Foundation's IRS 990 filings:

  • Negative revenue in the most recent filing (202312) of $-62,530.
  • Significant decline in assets from $1,214,982 (2022) to $754,793 (2023).
  • Highly volatile revenue and expense patterns over the past decade, indicating unpredictable financial health.
  • Expenses ($397,659 in 2023) significantly exceeded revenue ($-62,530) in the latest period, leading to a substantial deficit.

Strengths

The following positive indicators were identified for Debs Foundation:

  • Consistently reports 0% officer compensation, indicating efficient use of funds in this area.
  • Maintains minimal liabilities ($1 across all filings), suggesting a low debt burden.
  • Experienced periods of strong revenue generation, such as $1,272,954 in 2021 and $751,660 in 2022.

Frequently Asked Questions about Debs Foundation

Is Debs Foundation a legitimate charity?

Debs Foundation (EIN: 133639449) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $562K. 4 red flags identified. 3 strengths noted. Financial health grade: B.

How does Debs Foundation spend its money?

Debs Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.

Are donations to Debs Foundation tax-deductible?

Debs Foundation is registered as a tax-exempt nonprofit (EIN: 133639449). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Debs Foundation's spending goes to programs?

Debs Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Debs Foundation located?

Debs Foundation is headquartered in Fort Lee, New Jersey and files with the IRS under EIN 133639449.

How many years of IRS 990 filings does Debs Foundation have?

Debs 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 $562K in total revenue.

What caused the negative revenue of $-62,530 in the 202312 period?

The negative revenue in the 202312 period is a significant concern and could be due to various factors such as investment losses, significant returns of contributions, or accounting adjustments. Further investigation into the specific line items on the IRS 990 would be necessary to determine the exact cause.

How does the Debs Foundation sustain its operations with such volatile revenue streams?

The organization's ability to sustain operations despite volatile revenue suggests reliance on accumulated assets from prior profitable years (e.g., 2021 and 2022) or other undisclosed funding mechanisms. The consistent reporting of minimal liabilities ($1) indicates it is not heavily reliant on debt.

What is the specific NTEE code and mission of the Debs Foundation?

The NTEE code for the Debs Foundation is currently unknown, which makes it difficult to assess its programmatic focus and compare its financial metrics against similar organizations. Understanding its mission is crucial for evaluating its effectiveness.

Are there any plans to address the recent decline in assets from $1,214,982 to $754,793?

The substantial decline in assets in the most recent period (202312) is a critical financial indicator. The organization would need to outline strategies to stabilize its asset base and ensure long-term financial health.

How are expenses categorized if officer compensation is consistently 0%?

If officer compensation is consistently 0%, it implies that leadership is either unpaid or their compensation is reported under other expense categories like 'salaries and wages' for non-officer staff, or 'professional fees.' This requires further detail for complete transparency.

Filing History

IRS 990 filing history for Debs Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Debs Foundation's revenue has declined by 119.6%, moving from $319K to $-62,530. Total assets decreased by 33.3% over the same period, from $1.1M to $755K. Total functional expenses fell by 22.2%, from $511K to $398K. The organization holds $1 in liabilities against $755K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $755K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $-62,530 $398K $755K $1 View 990
2022 $752K $720K $1.2M $1 View 990
2021 $1.3M $808K $1.2M $1
2020 $291K $525K $718K $1 View 990
2019 $389K $721K $952K $1 View 990
2015 $389K $667K $536K $1 View 990
2014 $702K $351K $810K $1 View 990
2013 $187K $537K $459K $1 View 990
2012 $136K $459K $809K $1 View 990
2011 $319K $511K $1.1M $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $-62,530, expenses of $398K, and assets of $755K (revenue -108.3% year-over-year).
  • 2022: Revenue of $752K, expenses of $720K, and assets of $1.2M (revenue -41.0% year-over-year).
  • 2021: Revenue of $1.3M, expenses of $808K, and assets of $1.2M (revenue +337.7% year-over-year).
  • 2020: Revenue of $291K, expenses of $525K, and assets of $718K (revenue -25.2% year-over-year).
  • 2019: Revenue of $389K, expenses of $721K, and assets of $952K (revenue +-0.0% year-over-year).
  • 2015: Revenue of $389K, expenses of $667K, and assets of $536K (revenue -44.6% year-over-year).
  • 2014: Revenue of $702K, expenses of $351K, and assets of $810K (revenue +275.0% year-over-year).
  • 2013: Revenue of $187K, expenses of $537K, and assets of $459K (revenue +38.0% year-over-year).
  • 2012: Revenue of $136K, expenses of $459K, and assets of $809K (revenue -57.4% year-over-year).
  • 2011: Revenue of $319K, expenses of $511K, and assets of $1.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Debs Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Debs 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.

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