E H A Foundation Inc

E H A Foundation Inc consistently spends more than it earns, drawing down assets over the past decade.

EIN: 133898642 · New York, NY · NTEE: T20J · Updated: 2026-03-28

$14.8MRevenue
$16.7MAssets
65/100Mission Score (Good)
T20J
E H A Foundation Inc Financial Summary
MetricValue
Total Revenue$14.8M
Total Expenses$1.4M
Program Spending85%
CEO/Top Officer Pay$13.2
Net Assets$13.2M
Transparency Score65/100

Is E H A Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

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

E H A Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About E H A Foundation Inc

E H A Foundation Inc (EIN: 133898642) is a nonprofit organization based in New York, NY, classified under NTEE code T20J. The organization reported total revenue of $14.8M and total assets of $16.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of E H A Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

30Years Operating
LargeSize Classification
11Years of Filings
MixedRevenue Trajectory

E H A Foundation Inc is a large nonprofit that has been operating for 30 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.9%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$1.0M
Total Expenses$1.4M
Surplus / Deficit$-345,717
Total Assets$13.2M
Total Liabilities$1
Net Assets$13.2M
Operating Margin-33.6%
Debt-to-Asset Ratio0.0%
Months of Reserves115.4 months

Financial Health Grade: B

In 2024, E H A Foundation Inc reported a deficit of $346K with expenses exceeding revenue, holds 115.4 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), E H A Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.

YearRevenue ChangeExpense ChangeAsset Change
2024-9.2%-32.5%+2.1%
2023-46.3%-9.1%-9.7%
2022+28.6%+629.4%-0.3%
2021-13.7%-95.0%+4.2%
2020+39.1%+37.1%-23.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1996

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

AI Transparency Report

E H A Foundation Inc demonstrates a consistent pattern of operating at a deficit in recent years, with expenses frequently exceeding revenue. For example, in 2024, expenses were $1,375,636 against revenues of $1,029,919, and in 2023, expenses were $2,037,537 against revenues of $1,134,727. This trend suggests reliance on prior year reserves or investment income to cover operational costs, as indicated by the fluctuating but generally declining asset base from a high of $21,311,950 in 2012 to $13,228,442 in 2024. The organization consistently reports minimal liabilities ($1 in most recent filings), which is a positive indicator of financial stability in terms of debt burden. The absence of reported officer compensation across all available filings is a notable aspect of this organization's financial structure. While this could indicate a fully volunteer-led executive team or compensation being reported under other categories, it warrants further investigation for complete transparency. The NTEE code T20J (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves distributing funds to other organizations rather than direct program delivery, influencing how 'program spending' is interpreted. Overall, the foundation appears to be drawing down its assets to support its activities, as evidenced by the consistent deficits and declining asset base over the past decade. While the lack of officer compensation is unusual, the low liabilities are a strength. The efficiency of its grantmaking operations and the impact of its distributions would require deeper analysis beyond the provided financial summaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates E H A Foundation Inc 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: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, E H A 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 (2024)

From the most recent IRS 990 filing on record:

$1.0MTotal Revenue
$1.4MTotal Expenses
$13.2MTotal Assets
$1Total Liabilities
$13.2MNet Assets
  • The organization reported a deficit of $346K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

E H A Foundation Inc consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer executive leadership or that compensation is categorized differently, which is unusual for an organization of its asset size ($13.2 million in 2024).

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 E H A Foundation Inc's IRS 990 filings:

  • Consistent operating deficits, with expenses exceeding revenue in most recent years (e.g., $1.37M expenses vs. $1.03M revenue in 2024).
  • Declining asset base over the long term, from $21.3M in 2012 to $13.2M in 2024, indicating reliance on reserves.
  • Unusual reporting of 0% officer compensation across all filings, which may warrant further clarification on executive leadership structure and compensation practices.

Strengths

The following positive indicators were identified for E H A Foundation Inc:

  • Very low liabilities ($1 in recent years), indicating minimal debt burden.
  • Significant asset base ($13.2 million in 2024) provides a buffer despite operating deficits.
  • Consistent filing history (11 filings) demonstrates adherence to IRS reporting requirements.

Frequently Asked Questions about E H A Foundation Inc

Is E H A Foundation Inc a legitimate charity?

E H A Foundation Inc (EIN: 133898642) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $14.8M. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does E H A Foundation Inc spend its money?

E H A Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to E H A Foundation Inc tax-deductible?

E H A Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133898642). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the E H A Foundation Inc CEO make?

E H A Foundation Inc's highest-compensated officer earns $13.2 annually. The organization reported $14.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of E H A Foundation Inc's spending goes to programs?

E H A Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does E H A Foundation Inc compare to similar nonprofits?

With a transparency score of 65/100 (Good), E H A Foundation Inc is above average for NTEE category T20J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is E H A Foundation Inc located?

E H A Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133898642. It is classified under NTEE code T20J.

How many years of IRS 990 filings does E H A Foundation Inc have?

E H A 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 $14.8M in total revenue.

How does E H A Foundation Inc sustain its operations given consistent deficits?

The foundation appears to sustain its operations by drawing down its asset base, which has decreased from over $21 million in 2012 to $13.2 million in 2024, as expenses frequently exceed revenue.

What is the nature of the 'Officer Comp=0%' reported across all filings?

The consistent reporting of 0% officer compensation suggests either a fully volunteer executive team or that executive compensation is not reported under this specific line item, which could impact transparency.

What is the primary focus of the foundation's grantmaking activities?

Based on the NTEE code T20J (Philanthropy, Voluntarism, and Grantmaking Foundations), the foundation's primary focus is likely grantmaking to other organizations, rather than direct program delivery.

Filing History

IRS 990 filing history for E H A Foundation Inc showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2024), E H A Foundation Inc's revenue has declined by 31.7%, moving from $1.5M to $1.0M. Total assets decreased by 40% over the same period, from $22.0M to $13.2M. Total functional expenses fell by 10.1%, from $1.5M to $1.4M. In its most recent filing year (2024), E H A Foundation Inc reported a deficit of $346K, with expenses exceeding revenue. The organization holds $1 in liabilities against $13.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.2M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $1.0M $1.4M $13.2M $1 View 990
2023 $1.1M $2.0M $13.0M $1 View 990
2022 $2.1M $2.2M $14.3M $1 View 990
2021 $1.6M $307K $14.4M $1 View 990
2020 $1.9M $6.2M $13.8M $1 View 990
2016 $1.4M $4.5M $18.1M $1 View 990
2015 $1.9M $458K $21.2M $1 View 990
2014 $2.6M $2.5M $20.2M $1 View 990
2013 $1.9M $2.1M $20.8M $0 View 990
2012 $1.2M $2.0M $21.3M $0 View 990
2011 $1.5M $1.5M $22.0M $0 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $1.0M, expenses of $1.4M, and assets of $13.2M (revenue -9.2% year-over-year).
  • 2023: Revenue of $1.1M, expenses of $2.0M, and assets of $13.0M (revenue -46.3% year-over-year).
  • 2022: Revenue of $2.1M, expenses of $2.2M, and assets of $14.3M (revenue +28.6% year-over-year).
  • 2021: Revenue of $1.6M, expenses of $307K, and assets of $14.4M (revenue -13.7% year-over-year).
  • 2020: Revenue of $1.9M, expenses of $6.2M, and assets of $13.8M (revenue +39.1% year-over-year).
  • 2016: Revenue of $1.4M, expenses of $4.5M, and assets of $18.1M (revenue -27.8% year-over-year).
  • 2015: Revenue of $1.9M, expenses of $458K, and assets of $21.2M (revenue -25.7% year-over-year).
  • 2014: Revenue of $2.6M, expenses of $2.5M, and assets of $20.2M (revenue +36.2% year-over-year).
  • 2013: Revenue of $1.9M, expenses of $2.1M, and assets of $20.8M (revenue +51.6% year-over-year).
  • 2012: Revenue of $1.2M, expenses of $2.0M, and assets of $21.3M (revenue -17.9% year-over-year).
  • 2011: Revenue of $1.5M, expenses of $1.5M, and assets of $22.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for E H A Foundation Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for E H A 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.

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