Ellen & Ronald Block Family Foundation Inc
Ellen & Ronald Block Family Foundation experiences significant financial fluctuations and recent increase in liabilities.
EIN: 202067790 · Palm Beach, FL · NTEE: T20 · Updated: 2026-03-28
Is Ellen & Ronald Block Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ellen & Ronald Block Family Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ellen & Ronald Block Family Foundation Inc
Ellen & Ronald Block Family Foundation Inc (EIN: 202067790) is a nonprofit organization based in Palm Beach, FL, classified under NTEE code T20. The organization reported total revenue of $1.3M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ellen & Ronald Block Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ellen & Ronald Block Family Foundation Inc with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ellen & Ronald Block Family Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of this size and suggests a volunteer-led or very lean operational model at the top.
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 Ellen & Ronald Block Family Foundation Inc's IRS 990 filings:
- Significant negative net income in 2023 (expenses $1,458,411 vs. revenue $182,604).
- Sudden and substantial increase in liabilities to $1,000,000 in 2023.
- Highly fluctuating revenue and expense figures year-over-year, indicating potential instability.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data.
Strengths
The following positive indicators were identified for Ellen & Ronald Block Family Foundation Inc:
- Consistent filing of IRS Form 990s over a decade, indicating good compliance.
- Reported 0% officer compensation across all filings, suggesting efficient use of funds at the executive level.
- Periods of strong revenue generation, such as in 2022 ($1,883,245) and 2021 ($1,707,627).
Frequently Asked Questions about Ellen & Ronald Block Family Foundation Inc
Is Ellen & Ronald Block Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ellen & Ronald Block Family Foundation Inc (EIN: 202067790) some concerns. Mission Score: 70/100. 4 red flags identified, 3 strengths noted.
How does Ellen & Ronald Block Family Foundation Inc spend its money?
Ellen & Ronald Block Family Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ellen & Ronald Block Family Foundation Inc tax-deductible?
Ellen & Ronald Block Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202067790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in liabilities to $1,000,000 in 2023?
The provided data does not specify the nature of the $1,000,000 liability reported in 2023, which is a substantial increase from previous years where liabilities were minimal or $1. Further investigation into the full 990 filing for 2023 would be necessary to understand this change.
How does the foundation cover its expenses when revenue is significantly lower, as seen in 2023?
In years like 2023, where expenses ($1,458,411) far exceeded revenue ($182,604), the foundation likely drew upon its existing assets or incurred debt to cover the deficit. The increase in liabilities to $1,000,000 in 2023 suggests that debt or other obligations were used to bridge this gap.
What is the specific breakdown of program, administrative, and fundraising expenses?
The provided summary data does not offer a detailed breakdown of program, administrative, and fundraising expenses. This information would typically be found in Part IX of the IRS Form 990, Statement of Functional Expenses.
Filing History
IRS 990 filing history for Ellen & Ronald Block Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ellen & Ronald Block Family Foundation Inc's revenue has declined by 86.3%, moving from $1.3M to $183K. Total assets decreased by 31.4% over the same period, from $3.6M to $2.5M. Total functional expenses rose by 538.3%, from $228K to $1.5M. In its most recent filing year (2023), Ellen & Ronald Block Family Foundation Inc reported a deficit of $1.3M, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $2.5M in assets (debt-to-asset ratio: 40.6%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $183K | $1.5M | $2.5M | $1.0M | — | View 990 |
| 2022 | $1.9M | $1.1M | $2.7M | $1 | — | View 990 |
| 2021 | $1.7M | $911K | $2.0M | $1 | — | View 990 |
| 2020 | $76K | $966K | $2.3M | $1 | — | — |
| 2019 | $185K | $1.2M | $3.1M | $1 | — | View 990 |
| 2015 | $168K | $763K | $4.6M | $1 | — | View 990 |
| 2014 | $1.4M | $799K | $5.1M | $0 | — | View 990 |
| 2013 | $538K | $856K | $4.4M | $0 | — | View 990 |
| 2012 | $1.8M | $708K | $4.7M | $1K | — | View 990 |
| 2011 | $1.3M | $228K | $3.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $183K, expenses of $1.5M, and assets of $2.5M (revenue -90.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.1M, and assets of $2.7M (revenue +10.3% year-over-year).
- 2021: Revenue of $1.7M, expenses of $911K, and assets of $2.0M (revenue +2150.4% year-over-year).
- 2020: Revenue of $76K, expenses of $966K, and assets of $2.3M (revenue -59.1% year-over-year).
- 2019: Revenue of $185K, expenses of $1.2M, and assets of $3.1M (revenue +10.4% year-over-year).
- 2015: Revenue of $168K, expenses of $763K, and assets of $4.6M (revenue -87.9% year-over-year).
- 2014: Revenue of $1.4M, expenses of $799K, and assets of $5.1M (revenue +158.0% year-over-year).
- 2013: Revenue of $538K, expenses of $856K, and assets of $4.4M (revenue -70.8% year-over-year).
- 2012: Revenue of $1.8M, expenses of $708K, and assets of $4.7M (revenue +37.9% year-over-year).
- 2011: Revenue of $1.3M, expenses of $228K, and assets of $3.6M.
Data Sources and Methodology
This transparency report for Ellen & Ronald Block Family 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.