Edward & Sandra Meyer Foundation Inc
Edward & Sandra Meyer Foundation Inc. maintains substantial assets with minimal expenses and no officer compensation.
EIN: 136204325 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.7M |
| Total Expenses | $698K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $60 |
| Net Assets | $63.5M |
| Transparency Score | 90/100 |
Is Edward & Sandra Meyer Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Edward & Sandra Meyer Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Edward & Sandra Meyer Foundation Inc
Edward & Sandra Meyer Foundation Inc (EIN: 136204325) is a nonprofit organization based in New York, NY. The organization reported total revenue of $17.7M and total assets of $65.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward & Sandra Meyer Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edward & Sandra Meyer Foundation Inc is a large nonprofit that has been operating for 60 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $698K |
| Surplus / Deficit | +$2.8M |
| Total Assets | $63.5M |
| Total Liabilities | $1 |
| Net Assets | $63.5M |
| Operating Margin | 80.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1092.1 months |
Financial Health Grade: A
In 2023, Edward & Sandra Meyer Foundation Inc reported a surplus of $2.8M with revenue exceeding expenses, holds 1092.1 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), Edward & Sandra Meyer Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.1% | +11.8% | +4.7% |
| 2022 | +432.8% | -17.2% | +17.9% |
| 2021 | -71.2% | +34.4% | +2.2% |
| 2020 | -6.2% | -96.5% | +13.2% |
| 2019 | -73.8% | -11.4% | -42.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
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 Edward & Sandra Meyer Foundation Inc 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Edward & Sandra Meyer Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $2.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the foundation's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly efficient for an organization with assets exceeding $60 million.
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 & Sandra Meyer Foundation Inc's IRS 990 filings:
- NTEE Code Unknown (limits understanding of specific mission focus)
Strengths
The following positive indicators were identified for Edward & Sandra Meyer Foundation Inc:
- Strong and growing asset base ($63,521,835 in 2023)
- Extremely low expense ratio relative to assets and revenue (e.g., $697,971 expenses on $63.5M assets in 2023)
- No reported officer compensation, indicating high efficiency or volunteer leadership
- Consistent IRS 990 filing history demonstrating transparency
- Significant financial capacity for grantmaking
Frequently Asked Questions about Edward & Sandra Meyer Foundation Inc
Is Edward & Sandra Meyer Foundation Inc a legitimate charity?
Edward & Sandra Meyer Foundation Inc (EIN: 136204325) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $17.7M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Edward & Sandra Meyer Foundation Inc spend its money?
Edward & Sandra Meyer Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Edward & Sandra Meyer Foundation Inc tax-deductible?
Edward & Sandra Meyer Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136204325). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Edward & Sandra Meyer Foundation Inc CEO make?
Edward & Sandra Meyer Foundation Inc's highest-compensated officer earns $60 annually. The organization reported $17.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Edward & Sandra Meyer Foundation Inc located?
Edward & Sandra Meyer Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136204325.
How many years of IRS 990 filings does Edward & Sandra Meyer Foundation Inc have?
Edward & Sandra Meyer Foundation Inc 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 $17.7M in total revenue.
What is the primary purpose of the Edward & Sandra Meyer Foundation Inc. given its financial structure?
Based on its financial data, the foundation appears to be a private grantmaking foundation, primarily focused on growing its endowment and distributing grants, rather than operating direct programs. The low expenses relative to assets and revenue support this.
How does the foundation manage its expenses so efficiently?
The foundation's efficiency likely stems from its operational model as a grantmaker, which typically has lower overhead than direct service organizations. The reported 0% officer compensation also significantly contributes to its low expense ratio.
Is the fluctuation in revenue a concern for the foundation's stability?
While revenue fluctuates significantly, the foundation's substantial and growing asset base (from $44.4M in 2019 to $63.5M in 2023) indicates strong financial stability. Revenue fluctuations are common for foundations relying on investment returns or large, infrequent donations, and the asset growth suggests effective management of these resources.
Filing History
IRS 990 filing history for Edward & Sandra Meyer Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Edward & Sandra Meyer Foundation Inc's revenue has grown by 350.7%, moving from $785K to $3.5M. Total assets decreased by 3.2% over the same period, from $65.6M to $63.5M. Total functional expenses fell by 82.4%, from $4.0M to $698K. In its most recent filing year (2023), Edward & Sandra Meyer Foundation Inc reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $1 in liabilities against $63.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $63.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $698K | $63.5M | $1 | — | — |
| 2022 | $9.9M | $624K | $60.7M | $1 | — | View 990 |
| 2021 | $1.8M | $754K | $51.4M | $1 | — | View 990 |
| 2020 | $6.4M | $561K | $50.4M | $3K | — | View 990 |
| 2019 | $6.8M | $16.0M | $44.5M | $973 | — | — |
| 2015 | $26.1M | $18.0M | $76.8M | $0 | — | View 990 |
| 2014 | $20.0M | $16.8M | $66.4M | $0 | — | View 990 |
| 2013 | $7.9M | $3.8M | $67.2M | $0 | — | View 990 |
| 2012 | $2.1M | $3.7M | $64.0M | $0 | — | View 990 |
| 2011 | $785K | $4.0M | $65.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $698K, and assets of $63.5M (revenue -64.1% year-over-year).
- 2022: Revenue of $9.9M, expenses of $624K, and assets of $60.7M (revenue +432.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $754K, and assets of $51.4M (revenue -71.2% year-over-year).
- 2020: Revenue of $6.4M, expenses of $561K, and assets of $50.4M (revenue -6.2% year-over-year).
- 2019: Revenue of $6.8M, expenses of $16.0M, and assets of $44.5M (revenue -73.8% year-over-year).
- 2015: Revenue of $26.1M, expenses of $18.0M, and assets of $76.8M (revenue +30.7% year-over-year).
- 2014: Revenue of $20.0M, expenses of $16.8M, and assets of $66.4M (revenue +154.4% year-over-year).
- 2013: Revenue of $7.9M, expenses of $3.8M, and assets of $67.2M (revenue +266.1% year-over-year).
- 2012: Revenue of $2.1M, expenses of $3.7M, and assets of $64.0M (revenue +173.2% year-over-year).
- 2011: Revenue of $785K, expenses of $4.0M, and assets of $65.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edward & Sandra Meyer Foundation Inc:
Data Sources and Methodology
This transparency report for Edward & Sandra Meyer 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.