E Matilda Ziegler Fdn For The Blind
E Matilda Ziegler Fdn consistently directs 100% of officer compensation to programs, operating with a substantial asset base.
EIN: 136086195 · Greenwich, CT · Updated: 2026-03-28
Is E Matilda Ziegler Fdn For The Blind Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
E Matilda Ziegler Fdn For The Blind directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About E Matilda Ziegler Fdn For The Blind
E Matilda Ziegler Fdn For The Blind (EIN: 136086195) is a nonprofit organization based in Greenwich, CT. The organization reported total revenue of $10.3M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of E Matilda Ziegler Fdn For The Blind's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
E Matilda Ziegler Fdn For The Blind is a large nonprofit that has been operating for 90 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $854K |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-626,023 |
| Total Assets | $19.6M |
| Total Liabilities | $4K |
| Net Assets | $19.6M |
| Operating Margin | -73.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 158.9 months |
Financial Health Grade: B
In 2023, E Matilda Ziegler Fdn For The Blind reported a deficit of $626K with expenses exceeding revenue, holds 158.9 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), E Matilda Ziegler Fdn For The Blind's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.2% | +2.8% | +3.5% |
| 2022 | -53.7% | +43.2% | -15.6% |
| 2021 | +179.3% | +427.6% | +7.2% |
| 2020 | -29.5% | -84.6% | -0.4% |
| 2019 | -31.0% | +5.2% | +7.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1936 |
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 E Matilda Ziegler Fdn For The Blind with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, E Matilda Ziegler Fdn For The Blind allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $626K, 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 no officer salaries are paid, which is highly unusual for an organization of this asset size and suggests a volunteer-led or externally managed structure for leadership.
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 Matilda Ziegler Fdn For The Blind's IRS 990 filings:
- Consistent operational deficits in multiple years (e.g., 2023, 2022, 2019, 2015, 2014, 2013, 2011) suggest reliance on asset drawdowns rather than self-sustaining revenue generation.
- Lack of detailed breakdown for administrative and fundraising expenses, as 0% for both is highly improbable for any operational entity, suggesting these costs are either embedded within program expenses or not explicitly reported.
Strengths
The following positive indicators were identified for E Matilda Ziegler Fdn For The Blind:
- Exceptional program efficiency with 0% officer compensation, indicating all reported expenses are directed towards the mission.
- Strong and stable asset base (consistently over $17 million) provides long-term financial security and capacity for mission fulfillment.
- Very low liabilities across most years, indicating sound financial management and minimal debt.
- Consistent filing history demonstrates transparency and adherence to regulatory requirements.
Frequently Asked Questions about E Matilda Ziegler Fdn For The Blind
Is E Matilda Ziegler Fdn For The Blind a legitimate charity?
Based on AI analysis of IRS 990 filings, E Matilda Ziegler Fdn For The Blind (EIN: 136086195) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does E Matilda Ziegler Fdn For The Blind spend its money?
E Matilda Ziegler Fdn For The Blind directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to E Matilda Ziegler Fdn For The Blind tax-deductible?
E Matilda Ziegler Fdn For The Blind is registered as a tax-exempt nonprofit (EIN: 136086195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the E Matilda Ziegler Fdn For The Blind manage its operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation may be entirely volunteer-led at the executive level, or its operational management costs are categorized differently, perhaps under administrative expenses if managed by an external entity, though specific details are not available in the provided data.
What is the primary source of the foundation's revenue?
While specific revenue sources are not detailed in the provided data, given the substantial and stable asset base, it is highly probable that investment income from its endowment is a significant, if not primary, source of revenue for the foundation.
Is the recent deficit in 2023 a concern for the foundation's long-term sustainability?
The 2023 deficit ($854,494 revenue vs. $1,480,517 expenses) is not necessarily a concern for long-term sustainability, given the foundation's substantial assets of $19,607,393. It likely represents a planned spending from its endowment to further its mission, which is common for foundations.
Filing History
IRS 990 filing history for E Matilda Ziegler Fdn For The Blind showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), E Matilda Ziegler Fdn For The Blind's revenue has grown by 139%, moving from $358K to $854K. Total assets increased by 14.3% over the same period, from $17.2M to $19.6M. Total functional expenses rose by 65.4%, from $895K to $1.5M. In its most recent filing year (2023), E Matilda Ziegler Fdn For The Blind reported a deficit of $626K, with expenses exceeding revenue. The organization holds $4K in liabilities against $19.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $854K | $1.5M | $19.6M | $4K | — | — |
| 2022 | $651K | $1.4M | $18.9M | $4K | — | View 990 |
| 2021 | $1.4M | $1.0M | $22.4M | $17K | — | — |
| 2020 | $504K | $191K | $20.9M | $324K | — | — |
| 2019 | $714K | $1.2M | $21.0M | $884K | — | View 990 |
| 2015 | $1.0M | $1.2M | $19.7M | $980K | — | View 990 |
| 2014 | $933K | $1.2M | $21.2M | $899K | — | View 990 |
| 2013 | $929K | $942K | $20.8M | $658K | — | View 990 |
| 2012 | $933K | $651K | $18.9M | $576K | — | View 990 |
| 2011 | $358K | $895K | $17.2M | $812K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $854K, expenses of $1.5M, and assets of $19.6M (revenue +31.2% year-over-year).
- 2022: Revenue of $651K, expenses of $1.4M, and assets of $18.9M (revenue -53.7% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.0M, and assets of $22.4M (revenue +179.3% year-over-year).
- 2020: Revenue of $504K, expenses of $191K, and assets of $20.9M (revenue -29.5% year-over-year).
- 2019: Revenue of $714K, expenses of $1.2M, and assets of $21.0M (revenue -31.0% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.2M, and assets of $19.7M (revenue +10.9% year-over-year).
- 2014: Revenue of $933K, expenses of $1.2M, and assets of $21.2M (revenue +0.5% year-over-year).
- 2013: Revenue of $929K, expenses of $942K, and assets of $20.8M (revenue -0.5% year-over-year).
- 2012: Revenue of $933K, expenses of $651K, and assets of $18.9M (revenue +160.9% year-over-year).
- 2011: Revenue of $358K, expenses of $895K, and assets of $17.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for E Matilda Ziegler Fdn For The Blind:
Data Sources and Methodology
This transparency report for E Matilda Ziegler Fdn For The Blind 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.