Donald R And Esther Simon Foundation
Donald R And Esther Simon Foundation shows strong asset growth and zero reported officer compensation, frequently spending more than annual revenue.
EIN: 203651333 · Farmingtn Hls, MI · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $766K |
| Program Spending | 90% |
| Net Assets | $11.5M |
| Transparency Score | 85/100 |
Is Donald R And Esther Simon Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Donald R And Esther Simon Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Donald R And Esther Simon Foundation
Donald R And Esther Simon Foundation (EIN: 203651333) is a nonprofit organization based in Farmingtn Hls, MI, classified under NTEE code T20. The organization reported total revenue of $5.2M and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Donald R And Esther Simon Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Donald R And Esther Simon Foundation is a mid-size nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $441K |
| Total Expenses | $766K |
| Surplus / Deficit | $-325,665 |
| Total Assets | $11.5M |
| Total Liabilities | $1 |
| Net Assets | $11.5M |
| Operating Margin | -73.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 180.7 months |
Financial Health Grade: B
In 2023, Donald R And Esther Simon Foundation reported a deficit of $326K with expenses exceeding revenue, holds 180.7 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), Donald R And Esther Simon Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +575.9% | +6.7% | -2.6% |
| 2022 | -91.2% | -7.8% | -5.2% |
| 2021 | -78.9% | +7.4% | -0.8% |
| 2020 | +474.2% | +98.3% | +10.3% |
| 2019 | +2316.3% | +226.2% | +1044.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Donald R And Esther Simon 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Donald R And Esther Simon Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $326K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid or compensated through mechanisms not categorized as officer compensation on the 990, which is highly efficient for a foundation of this size.
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 Donald R And Esther Simon Foundation's IRS 990 filings:
- Consistent expenses exceeding revenue in recent years (e.g., 2023, 2022, 2021), though this can be typical for private foundations drawing from an endowment.
Strengths
The following positive indicators were identified for Donald R And Esther Simon Foundation:
- Significant asset growth from $970,434 in 2011 to $11,544,227 in 2023.
- Consistently reports 0% officer compensation, indicating highly efficient executive overhead.
- Minimal liabilities ($0 or $1) across all filings, demonstrating a very strong balance sheet.
- Consistent filing history, indicating good transparency.
Frequently Asked Questions about Donald R And Esther Simon Foundation
Is Donald R And Esther Simon Foundation a legitimate charity?
Donald R And Esther Simon Foundation (EIN: 203651333) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Donald R And Esther Simon Foundation spend its money?
Donald R And Esther Simon Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Donald R And Esther Simon Foundation tax-deductible?
Donald R And Esther Simon Foundation is registered as a tax-exempt nonprofit (EIN: 203651333). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Donald R And Esther Simon Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Donald R And Esther Simon Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Donald R And Esther Simon Foundation located?
Donald R And Esther Simon Foundation is headquartered in Farmingtn Hls, Michigan and files with the IRS under EIN 203651333. It is classified under NTEE code T20.
How many years of IRS 990 filings does Donald R And Esther Simon Foundation have?
Donald R And Esther Simon 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 $5.2M in total revenue.
Is the Donald R And Esther Simon Foundation financially stable?
Yes, despite recent years showing expenses exceeding revenue, the foundation's assets have grown significantly from under $1 million in 2011 to over $11.5 million in 2023, indicating strong financial stability and a healthy endowment.
How does the foundation manage its expenses relative to its income?
The foundation frequently spends more than its annual revenue, as seen in 2023 (expenses $766,438 vs. revenue $440,773) and 2022 (expenses $718,421 vs. revenue $65,209). This is typical for private foundations that draw from their endowment to fulfill their grantmaking mission.
What is the foundation's approach to executive compensation?
The foundation reports 0% officer compensation in all available filings, suggesting a highly efficient operational model where executive leadership is either unpaid or compensated outside of traditional officer compensation structures.
Filing History
IRS 990 filing history for Donald R And Esther Simon Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Donald R And Esther Simon Foundation's revenue has grown by 117.9%, moving from $202K to $441K. Total assets increased by 1089.6% over the same period, from $970K to $11.5M. Total functional expenses rose by 971.6%, from $72K to $766K. In its most recent filing year (2023), Donald R And Esther Simon Foundation reported a deficit of $326K, with expenses exceeding revenue. The organization holds $1 in liabilities against $11.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $441K | $766K | $11.5M | $1 | — | — |
| 2022 | $65K | $718K | $11.9M | $1 | — | View 990 |
| 2021 | $742K | $779K | $12.5M | $1 | — | View 990 |
| 2020 | $3.5M | $725K | $12.6M | $1 | — | View 990 |
| 2019 | $611K | $366K | $11.4M | $0 | — | View 990 |
| 2015 | $25K | $112K | $999K | $1 | — | View 990 |
| 2014 | $231K | $185K | $1.1M | $1 | — | View 990 |
| 2013 | $160K | $93K | $1.0M | $1 | — | View 990 |
| 2012 | $201K | $198K | $973K | $1 | — | View 990 |
| 2011 | $202K | $72K | $970K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $441K, expenses of $766K, and assets of $11.5M (revenue +575.9% year-over-year).
- 2022: Revenue of $65K, expenses of $718K, and assets of $11.9M (revenue -91.2% year-over-year).
- 2021: Revenue of $742K, expenses of $779K, and assets of $12.5M (revenue -78.9% year-over-year).
- 2020: Revenue of $3.5M, expenses of $725K, and assets of $12.6M (revenue +474.2% year-over-year).
- 2019: Revenue of $611K, expenses of $366K, and assets of $11.4M (revenue +2316.3% year-over-year).
- 2015: Revenue of $25K, expenses of $112K, and assets of $999K (revenue -89.1% year-over-year).
- 2014: Revenue of $231K, expenses of $185K, and assets of $1.1M (revenue +44.8% year-over-year).
- 2013: Revenue of $160K, expenses of $93K, and assets of $1.0M (revenue -20.7% year-over-year).
- 2012: Revenue of $201K, expenses of $198K, and assets of $973K (revenue -0.6% year-over-year).
- 2011: Revenue of $202K, expenses of $72K, and assets of $970K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Donald R And Esther Simon Foundation:
Data Sources and Methodology
This transparency report for Donald R And Esther Simon 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.