Edward And Marjorie Goldberger Foundation

Edward And Marjorie Goldberger Foundation consistently maintains strong assets and zero executive compensation.

EIN: 136084528 · West Caldwell, NJ · Updated: 2026-03-28

$1.2MRevenue

$2.0MAssets

90/100Mission Score (Excellent)

About Edward And Marjorie Goldberger Foundation

Edward And Marjorie Goldberger Foundation (EIN: 136084528) is a nonprofit organization based in West Caldwell, NJ. The organization reported total revenue of $1.2M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward And Marjorie Goldberger Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Edward And Marjorie Goldberger Foundation demonstrates consistent financial stability, with assets steadily growing from $1,380,042 in 2012 to $1,673,233 in 2023. The organization consistently operates with expenses closely aligned to or slightly below revenue, as seen in 2023 where revenue was $245,374 and expenses were $238,115, indicating prudent financial management. The absence of officer compensation across all reported periods suggests a strong commitment to directing funds towards the foundation's mission rather than administrative overhead related to executive salaries.

Spending efficiency appears high, given the zero officer compensation and the consistent positive net assets. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health and lack of executive compensation point towards a lean operational structure. The foundation's liabilities have remained very low, typically under $5,000, which further underscores its strong financial position and low financial risk.

Transparency is generally good, with consistent annual filings. The lack of officer compensation is a significant positive indicator of transparency and a focus on mission. However, without a detailed NTEE code, the specific programmatic focus remains somewhat unclear, which could be an area for enhanced transparency. Overall, the foundation appears to be a well-managed entity with a strong financial foundation and a clear dedication to its charitable purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Edward And Marjorie Goldberger Foundation with a Mission Score of 90 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, Edward And Marjorie Goldberger 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.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization of its size with assets over $1.6 million and suggests a volunteer-led or very lean administrative structure, maximizing funds available for its mission.

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 Edward And Marjorie Goldberger Foundation's IRS 990 filings:

NTEE Code is unknown, making it difficult to assess specific programmatic alignment without further information.

Strengths

The following positive indicators were identified for Edward And Marjorie Goldberger Foundation:

Consistent growth in assets, demonstrating strong financial health (e.g., $1,380,042 in 2012 to $1,673,233 in 2023).
Zero officer compensation reported across all filings, indicating a high dedication of funds to the mission.
Very low liabilities, consistently under $5,000, suggesting minimal financial risk.
Expenses are consistently managed close to or below revenue, showing prudent financial management.

Frequently Asked Questions about Edward And Marjorie Goldberger Foundation

Is the Edward And Marjorie Goldberger Foundation a good charity?

Based on the provided financial data, the foundation appears to be a very good charity. It demonstrates strong financial health with growing assets, consistently low liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation across all filings.

How does the foundation manage its expenses relative to its revenue?

The foundation consistently manages its expenses to be in line with or slightly below its revenue. For example, in 2023, revenue was $245,374 and expenses were $238,115, indicating careful financial stewardship and avoiding significant deficits.

What is the trend in the foundation's assets?

The foundation's assets have shown a consistent upward trend over the past decade, growing from $1,380,042 in 2012 to $1,673,233 in 2023, indicating financial growth and stability.

Filing History

IRS 990 filing history for Edward And Marjorie Goldberger Foundation showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2023), Edward And Marjorie Goldberger Foundation's revenue has grown by 164.5%, moving from $93K to $245K. Total assets increased by 15.1% over the same period, from $1.5M to $1.7M. Total functional expenses rose by 42.1%, from $168K to $238K. In its most recent filing year (2023), Edward And Marjorie Goldberger Foundation reported a surplus of $7K, with revenue exceeding expenses. The organization holds $4K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.7M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$245K	$238K	$1.7M	$4K	—	—
2022	$242K	$243K	$1.7M	$4K	—	View 990
2021	$332K	$247K	$1.7M	$5K	—	View 990
2020	$318K	$239K	$1.6M	$4K	—	View 990
2019	$195K	$228K	$1.5M	$4K	—	—
2018	$257K	$218K	$1.5M	$3K	—	—
2015	$259K	$208K	$1.6M	$1	—	View 990
2014	$275K	$203K	$1.6M	$1	—	View 990
2013	$297K	$192K	$1.5M	$1	—	View 990
2012	$112K	$186K	$1.4M	$1	—	View 990
2011	$93K	$168K	$1.5M	$1	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $245K, expenses of $238K, and assets of $1.7M (revenue +1.3% year-over-year).
2022: Revenue of $242K, expenses of $243K, and assets of $1.7M (revenue -27.1% year-over-year).
2021: Revenue of $332K, expenses of $247K, and assets of $1.7M (revenue +4.4% year-over-year).
2020: Revenue of $318K, expenses of $239K, and assets of $1.6M (revenue +63.4% year-over-year).
2019: Revenue of $195K, expenses of $228K, and assets of $1.5M (revenue -24.2% year-over-year).
2018: Revenue of $257K, expenses of $218K, and assets of $1.5M (revenue -0.7% year-over-year).
2015: Revenue of $259K, expenses of $208K, and assets of $1.6M (revenue -5.8% year-over-year).
2014: Revenue of $275K, expenses of $203K, and assets of $1.6M (revenue -7.5% year-over-year).
2013: Revenue of $297K, expenses of $192K, and assets of $1.5M (revenue +164.1% year-over-year).
2012: Revenue of $112K, expenses of $186K, and assets of $1.4M (revenue +21.2% year-over-year).
2011: Revenue of $93K, expenses of $168K, and assets of $1.5M.

Data Sources and Methodology

This transparency report for Edward And Marjorie Goldberger 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.