Dorothy B Hersh Foundation Inc
Dorothy B Hersh Foundation: Strong Assets, Inconsistent Revenue
EIN: 222280011 · Peapack, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $7.3M |
| Total Expenses | $926K |
| Program Spending | 70% |
| Net Assets | $21.5M |
| Transparency Score | 75/100 |
Is Dorothy B Hersh Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dorothy B Hersh Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Dorothy B Hersh Foundation Inc
Dorothy B Hersh Foundation Inc (EIN: 222280011) is a nonprofit organization based in Peapack, NJ. The organization reported total revenue of $7.3M and total assets of $28.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dorothy B Hersh Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dorothy B Hersh Foundation Inc is a mid-size nonprofit that has been operating for 46 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $926K |
| Surplus / Deficit | +$1.6M |
| Total Assets | $24.7M |
| Total Liabilities | $3.2M |
| Net Assets | $21.5M |
| Operating Margin | 62.7% |
| Debt-to-Asset Ratio | 12.9% |
| Months of Reserves | 319.5 months |
Financial Health Grade: A
In 2023, Dorothy B Hersh Foundation Inc reported a surplus of $1.6M with revenue exceeding expenses, holds 319.5 months of operating reserves (strong position), has a debt-to-asset ratio of 12.9% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Dorothy B Hersh Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +383.7% | +30.1% | +30.0% |
| 2022 | -45.7% | +8.5% | -18.2% |
| 2021 | +1.4% | +86.8% | +10.9% |
| 2020 | -38.6% | -63.7% | +20.0% |
| 2020 | +13.6% | +18.0% | +17.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Dorothy B Hersh 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, Dorothy B Hersh Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.9%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, indicating it may be minimal or covered under general administrative expenses, as 'c0%' suggests no compensation for key employees in the filings.
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 Dorothy B Hersh Foundation Inc's IRS 990 filings:
- Revenue has fluctuated significantly, from $2,483,297 in 2023 to $513,408 in 2022, raising questions about funding stability.
- The 'nt' (nonprofit type) field is missing, making it difficult to categorize its specific mission and operational focus.
- Lack of a clear public presence or detailed program information makes it challenging to assess impact.
Strengths
The following positive indicators were identified for Dorothy B Hersh Foundation Inc:
- The foundation maintains substantial assets, with $28,475,323 in 2023, providing a strong financial base.
- Low administrative and fundraising costs (implied by 'x' values relative to 'r' and 'a') suggest efficient operations.
- Consistent asset growth over several years indicates sound financial management.
Frequently Asked Questions about Dorothy B Hersh Foundation Inc
Is Dorothy B Hersh Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Dorothy B Hersh Foundation Inc (EIN: 222280011) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Dorothy B Hersh Foundation Inc spend its money?
Dorothy B Hersh Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dorothy B Hersh Foundation Inc tax-deductible?
Dorothy B Hersh Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222280011). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Dorothy B Hersh Foundation Inc's spending goes to programs?
Dorothy B Hersh Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Dorothy B Hersh Foundation Inc located?
Dorothy B Hersh Foundation Inc is headquartered in Peapack, New Jersey and files with the IRS under EIN 222280011.
How many years of IRS 990 filings does Dorothy B Hersh Foundation Inc have?
Dorothy B Hersh Foundation Inc 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 $7.3M in total revenue.
What does Dorothy B Hersh Foundation Inc do?
Dorothy B Hersh Foundation Inc is a nonprofit organization in the Unknown sector, located in Peapack, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Dorothy B Hersh Foundation Inc have?
Dorothy B Hersh Foundation Inc reported total revenue of $7,297,565. Based on 11 IRS 990 filings on record.
What are Dorothy B Hersh Foundation Inc's total assets?
Dorothy B Hersh Foundation Inc holds total assets of $28,475,323 as reported in IRS 990 filings.
Where is Dorothy B Hersh Foundation Inc located?
Dorothy B Hersh Foundation Inc is based in Peapack, New Jersey.
What is Dorothy B Hersh Foundation Inc's EIN?
Dorothy B Hersh Foundation Inc's Employer Identification Number (EIN) is 222280011. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Dorothy B Hersh Foundation Inc?
Dorothy B Hersh Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Dorothy B Hersh Foundation Inc a registered 501(c)(3)?
Dorothy B Hersh Foundation Inc appears in IRS records (EIN: 222280011). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Dorothy B Hersh Foundation Inc file IRS Form 990?
Yes, Dorothy B Hersh Foundation Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Dorothy B Hersh Foundation Inc's revenue in 2023?
In the 202312 filing period, Dorothy B Hersh Foundation Inc reported total revenue of $2,483,297, total expenses of $926,358, and net assets of $24,665,304.
Is Dorothy B Hersh Foundation Inc's revenue growing or declining?
Dorothy B Hersh Foundation Inc's revenue is growing. Revenue went from $513,408 (202212) to $2,483,297 (202312), a +383.7% change. Based on 11 filings on record.
What is Dorothy B Hersh Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Dorothy B Hersh Foundation Inc covers tax period 202312. It shows revenue of $2,483,297, expenses of $926,358, total assets of $24,665,304, and liabilities of $3,174,119.
How much does Dorothy B Hersh Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Dorothy B Hersh Foundation Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Dorothy B Hersh Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Dorothy B Hersh Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Dorothy B Hersh Foundation Inc?
The following concerns were identified: Revenue has fluctuated significantly, from $2,483,297 in 2023 to $513,408 in 2022, raising questions about funding stability.. The 'nt' (nonprofit type) field is missing, making it difficult to categorize its specific mission and operational focus.. Lack of a clear public presence or detailed program information makes it challenging to assess impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Dorothy B Hersh Foundation Inc's strengths?
Positive indicators for Dorothy B Hersh Foundation Inc include: The foundation maintains substantial assets, with $28,475,323 in 2023, providing a strong financial base.. Low administrative and fundraising costs (implied by 'x' values relative to 'r' and 'a') suggest efficient operations.. Consistent asset growth over several years indicates sound financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Dorothy B Hersh Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, indicating it may be minimal or covered under general administrative expenses, as 'c0%' suggests no compensation for key employees in the filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant fluctuation in reported revenue, what is the primary source of the foundation's funding, and how does it plan to stabilize or grow this income?
The provided data does not specify the primary source of funding. The large swings in revenue (e.g., $2,483,297 in 2023 vs. $513,408 in 2022) suggest reliance on variable sources like investment returns or large, infrequent donations rather than consistent operational grants.
With substantial assets and low reported expenses, how does the Dorothy B Hersh Foundation ensure its funds are being effectively deployed to achieve its mission?
Without detailed program descriptions or impact reports, it's difficult to ascertain the effectiveness of fund deployment. The low expenses could indicate either highly efficient operations or a conservative approach to grantmaking relative to its asset base.
Filing History
IRS 990 filing history for Dorothy B Hersh Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Dorothy B Hersh Foundation Inc's revenue has grown by 447.5%, moving from $454K to $2.5M. Total assets increased by 109.2% over the same period, from $11.8M to $24.7M. Total functional expenses rose by 54.2%, from $601K to $926K. In its most recent filing year (2023), Dorothy B Hersh Foundation Inc reported a surplus of $1.6M, with revenue exceeding expenses. The organization holds $3.2M in liabilities against $24.7M in assets (debt-to-asset ratio: 12.9%), resulting in net assets of $21.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $926K | $24.7M | $3.2M | — | — |
| 2022 | $513K | $712K | $19.0M | $1.2M | — | View 990 |
| 2021 | $945K | $656K | $23.2M | $2.0M | — | View 990 |
| 2020 | $932K | $351K | $20.9M | $2.5M | — | View 990 |
| 2020 | $1.5M | $967K | $17.4M | $2.9M | — | View 990 |
| 2016 | $1.3M | $820K | $14.9M | $1.0M | — | View 990 |
| 2015 | $458K | $714K | $14.8M | $1.1M | — | View 990 |
| 2014 | $717K | $697K | $14.2M | $1.6M | — | View 990 |
| 2013 | $533K | $615K | $13.0M | $863K | — | View 990 |
| 2012 | $274K | $595K | $11.5M | $85K | — | View 990 |
| 2011 | $454K | $601K | $11.8M | $80K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $926K, and assets of $24.7M (revenue +383.7% year-over-year).
- 2022: Revenue of $513K, expenses of $712K, and assets of $19.0M (revenue -45.7% year-over-year).
- 2021: Revenue of $945K, expenses of $656K, and assets of $23.2M (revenue +1.4% year-over-year).
- 2020: Revenue of $932K, expenses of $351K, and assets of $20.9M (revenue -38.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $967K, and assets of $17.4M (revenue +13.6% year-over-year).
- 2016: Revenue of $1.3M, expenses of $820K, and assets of $14.9M (revenue +191.9% year-over-year).
- 2015: Revenue of $458K, expenses of $714K, and assets of $14.8M (revenue -36.2% year-over-year).
- 2014: Revenue of $717K, expenses of $697K, and assets of $14.2M (revenue +34.6% year-over-year).
- 2013: Revenue of $533K, expenses of $615K, and assets of $13.0M (revenue +94.6% year-over-year).
- 2012: Revenue of $274K, expenses of $595K, and assets of $11.5M (revenue -39.6% year-over-year).
- 2011: Revenue of $454K, expenses of $601K, and assets of $11.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dorothy B Hersh Foundation Inc:
Data Sources and Methodology
This transparency report for Dorothy B Hersh 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.