Elias Sayour Foundation Inc
Elias Sayour Foundation faces significant revenue volatility and increasing liabilities despite substantial assets and zero officer compensation.
EIN: 136109953 · Westfield, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $303K |
| Program Spending | 70% |
| Net Assets | $2.6M |
| Transparency Score | 65/100 |
Is Elias Sayour Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Elias Sayour Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Elias Sayour Foundation Inc
Elias Sayour Foundation Inc (EIN: 136109953) is a nonprofit organization based in Westfield, NJ. The organization reported total revenue of $3.6M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Elias Sayour Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Elias Sayour Foundation Inc is a mid-size nonprofit that has been operating for 73 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $303K |
| Surplus / Deficit | $-232,212 |
| Total Assets | $2.6M |
| Total Liabilities | $749 |
| Net Assets | $2.6M |
| Operating Margin | -328.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 104.1 months |
Financial Health Grade: B
In 2023, Elias Sayour Foundation Inc reported a deficit of $232K with expenses exceeding revenue, holds 104.1 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), Elias Sayour Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.8% | -68.7% | -8.3% |
| 2022 | -91.0% | +261.2% | -23.6% |
| 2021 | +499.3% | +22.8% | +22.0% |
| 2020 | -33.9% | +18.4% | -2.1% |
| 2019 | +1542.4% | +26.7% | +10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1953 |
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 Elias Sayour 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Elias Sayour 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 deficit of $232K, 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 salaries or benefits are paid to officers, which is highly favorable for minimizing administrative costs and maximizing funds for the 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 Elias Sayour Foundation Inc's IRS 990 filings:
- Significant and consistent negative net income in recent years (e.g., -$232,212 in 2023, -$882,643 in 2022).
- Extreme volatility and sharp decline in revenue from $934,324 in 2021 to $70,727 in 2023.
- Substantial increase in liabilities to $749,000 in 2023, up from $6,934 in 2022.
- Expenses consistently exceeding revenue in multiple recent periods, indicating reliance on reserves or other funding mechanisms.
Strengths
The following positive indicators were identified for Elias Sayour Foundation Inc:
- Consistent reporting of 0% officer compensation across all filings, demonstrating strong commitment to minimizing executive overhead.
- Maintained a substantial asset base, consistently above $2.3 million, providing a financial buffer.
- Long operational history with 10 filings available, indicating established presence.
Frequently Asked Questions about Elias Sayour Foundation Inc
Is Elias Sayour Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Elias Sayour Foundation Inc (EIN: 136109953) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does Elias Sayour Foundation Inc spend its money?
Elias Sayour Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Elias Sayour Foundation Inc tax-deductible?
Elias Sayour Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136109953). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Elias Sayour Foundation Inc's spending goes to programs?
Elias Sayour Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Elias Sayour Foundation Inc located?
Elias Sayour Foundation Inc is headquartered in Westfield, New Jersey and files with the IRS under EIN 136109953.
How many years of IRS 990 filings does Elias Sayour Foundation Inc have?
Elias Sayour 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 $3.6M in total revenue.
Why has the organization's revenue decreased so dramatically in 2022 and 2023?
Revenue dropped from $934,324 in 2021 to $84,017 in 2022 and $70,727 in 2023, representing a significant decline that needs further investigation into funding sources and fundraising strategies.
How are expenses being covered when they significantly exceed revenue, as seen in 2022 and 2023?
In 2023, expenses were $302,939 against $70,727 in revenue, and in 2022, expenses were $966,660 against $84,017 in revenue. This suggests the organization is drawing from its asset base or other reserves to cover operational costs.
What caused the substantial increase in liabilities to $749,000 in 2023?
Liabilities jumped from $6,934 in 2022 to $749,000 in 2023, a significant increase that warrants scrutiny to understand its nature and potential impact on financial stability.
What are the specific program activities and their associated costs?
The provided data does not detail the breakdown of expenses into program, administrative, and fundraising categories, making it difficult to assess the efficiency of program spending.
Filing History
IRS 990 filing history for Elias Sayour Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Elias Sayour Foundation Inc's revenue has declined by 56.9%, moving from $164K to $71K. Total assets increased by 4.2% over the same period, from $2.5M to $2.6M. Total functional expenses rose by 83.9%, from $165K to $303K. In its most recent filing year (2023), Elias Sayour Foundation Inc reported a deficit of $232K, with expenses exceeding revenue. The organization holds $749 in liabilities against $2.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $303K | $2.6M | $749 | — | — |
| 2022 | $84K | $967K | $2.9M | $7K | — | View 990 |
| 2021 | $934K | $268K | $3.8M | $11K | — | View 990 |
| 2020 | $156K | $218K | $3.1M | $592 | — | View 990 |
| 2019 | $236K | $184K | $3.1M | $3K | — | View 990 |
| 2015 | $14K | $145K | $2.8M | $1 | — | View 990 |
| 2014 | $196K | $150K | $3.0M | $46K | — | View 990 |
| 2013 | $324K | $142K | $2.9M | $1 | — | View 990 |
| 2012 | $3K | $149K | $2.4M | $0 | — | View 990 |
| 2011 | $164K | $165K | $2.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $303K, and assets of $2.6M (revenue -15.8% year-over-year).
- 2022: Revenue of $84K, expenses of $967K, and assets of $2.9M (revenue -91.0% year-over-year).
- 2021: Revenue of $934K, expenses of $268K, and assets of $3.8M (revenue +499.3% year-over-year).
- 2020: Revenue of $156K, expenses of $218K, and assets of $3.1M (revenue -33.9% year-over-year).
- 2019: Revenue of $236K, expenses of $184K, and assets of $3.1M (revenue +1542.4% year-over-year).
- 2015: Revenue of $14K, expenses of $145K, and assets of $2.8M (revenue -92.7% year-over-year).
- 2014: Revenue of $196K, expenses of $150K, and assets of $3.0M (revenue -39.7% year-over-year).
- 2013: Revenue of $324K, expenses of $142K, and assets of $2.9M (revenue +9546.2% year-over-year).
- 2012: Revenue of $3K, expenses of $149K, and assets of $2.4M (revenue -98.0% year-over-year).
- 2011: Revenue of $164K, expenses of $165K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Elias Sayour Foundation Inc:
Data Sources and Methodology
This transparency report for Elias Sayour 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.