Encyclopaedia Iranica Foundation Inc
Encyclopaedia Iranica Foundation Inc. consistently operates at a deficit, drawing on substantial assets while maintaining 0% officer compensation.
EIN: 133636524 · New York, NY · NTEE: J99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.1M |
| Total Expenses | $1.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $17 |
| Net Assets | $17.3M |
| Transparency Score | 80/100 |
Is Encyclopaedia Iranica Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Encyclopaedia Iranica Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Encyclopaedia Iranica Foundation Inc
Encyclopaedia Iranica Foundation Inc (EIN: 133636524) is a nonprofit organization based in New York, NY, classified under NTEE code J99Z. The organization reported total revenue of $15.1M and total assets of $18.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Encyclopaedia Iranica Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Encyclopaedia Iranica Foundation Inc is a large nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $811K |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-676,864 |
| Total Assets | $17.3M |
| Total Liabilities | $1 |
| Net Assets | $17.3M |
| Operating Margin | -83.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 139.6 months |
Financial Health Grade: B
In 2023, Encyclopaedia Iranica Foundation Inc reported a deficit of $677K with expenses exceeding revenue, holds 139.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Encyclopaedia Iranica Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -43.3% | -44.4% | +3.6% |
| 2022 | -28.8% | -28.2% | -25.6% |
| 2021 | +49.8% | +107.0% | -4.6% |
| 2020 | -6.1% | +168.5% | +4.5% |
| 2019 | +58.6% | +131.6% | +17.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Encyclopaedia Iranica Foundation Inc with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Encyclopaedia Iranica Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $677K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, which is highly unusual for an organization of its size with assets exceeding $17 million, suggesting either a volunteer-led executive team or compensation is reported under other expense categories.
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 Encyclopaedia Iranica Foundation Inc's IRS 990 filings:
- Consistent operational deficits where expenses exceed revenue in recent years (e.g., 2023, 2022, 2021).
- Unusually high 'Latest Revenue' figure ($15.1M) not aligning with annual reported revenues, requiring clarification.
- Consistent 0% officer compensation, which, while positive for efficiency, is atypical for an organization of this size and could indicate compensation is reported elsewhere.
Strengths
The following positive indicators were identified for Encyclopaedia Iranica Foundation Inc:
- Substantial asset base ($17.31M in 2023) providing financial stability and long-term capacity.
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds towards the mission.
- Low liabilities relative to assets, suggesting sound financial management.
- Consistent IRS 990 filings, demonstrating transparency and accountability.
Frequently Asked Questions about Encyclopaedia Iranica Foundation Inc
Is Encyclopaedia Iranica Foundation Inc a legitimate charity?
Encyclopaedia Iranica Foundation Inc (EIN: 133636524) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 80/100. It has 13 years of IRS 990 filings on record. Total revenue: $15.1M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Encyclopaedia Iranica Foundation Inc spend its money?
Encyclopaedia Iranica Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Encyclopaedia Iranica Foundation Inc tax-deductible?
Encyclopaedia Iranica Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133636524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Encyclopaedia Iranica Foundation Inc CEO make?
Encyclopaedia Iranica Foundation Inc's highest-compensated officer earns $17 annually. The organization reported $15.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Encyclopaedia Iranica Foundation Inc's spending goes to programs?
Encyclopaedia Iranica Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Encyclopaedia Iranica Foundation Inc compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Encyclopaedia Iranica Foundation Inc is above average for NTEE category J99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Encyclopaedia Iranica Foundation Inc located?
Encyclopaedia Iranica Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133636524. It is classified under NTEE code J99Z.
How many years of IRS 990 filings does Encyclopaedia Iranica Foundation Inc have?
Encyclopaedia Iranica Foundation Inc has 13 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 $15.1M in total revenue.
How does the organization cover its operational deficits, given that expenses have frequently exceeded revenue in recent years?
The organization likely covers its operational deficits by drawing from its substantial asset base, which was $17.31 million in 2023, or through investment income not fully captured in 'revenue' figures, as seen in the consistent asset levels despite deficits.
What is the long-term strategy for financial sustainability, considering the recurring operational deficits?
The filings do not explicitly detail a long-term strategy, but the consistent asset base suggests reliance on an endowment. A detailed financial plan addressing the revenue-expense gap would provide more clarity on sustainability.
Why is officer compensation consistently reported as 0%?
A consistent 0% officer compensation suggests that executive leadership may be entirely volunteer-based, or their compensation is categorized differently within the financial statements, which would require further clarification for complete transparency.
What is the primary source of the organization's 'Latest Revenue' of $15,147,433, given the annual revenues are significantly lower?
The 'Latest Revenue' figure of $15,147,433 is significantly higher than any single year's reported revenue in the filing history, suggesting it might represent cumulative revenue over a period, a specific large grant, or an anomaly not directly comparable to annual operating revenues.
Filing History
IRS 990 filing history for Encyclopaedia Iranica Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Encyclopaedia Iranica Foundation Inc's revenue has declined by 20.4%, moving from $1.0M to $811K. Total assets increased by 24.8% over the same period, from $13.9M to $17.3M. Total functional expenses rose by 160.6%, from $571K to $1.5M. In its most recent filing year (2023), Encyclopaedia Iranica Foundation Inc reported a deficit of $677K, with expenses exceeding revenue. The organization holds $1 in liabilities against $17.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $811K | $1.5M | $17.3M | $1 | — | View 990 |
| 2022 | $1.4M | $2.7M | $16.7M | $167K | — | View 990 |
| 2021 | $2.0M | $3.7M | $22.5M | $167K | — | View 990 |
| 2020 | $1.3M | $1.8M | $23.6M | $362K | — | View 990 |
| 2019 | $1.4M | $671K | $22.5M | $398K | — | View 990 |
| 2018 | $901K | $290K | $19.3M | $59K | — | View 990 |
| 2017 | $927K | $844K | $20.8M | $27K | — | View 990 |
| 2016 | $554K | $793K | $19.4M | $323K | — | View 990 |
| 2015 | $1.4M | $803K | $18.5M | $29K | — | View 990 |
| 2014 | $1.2M | $984K | $19.4M | $48K | — | View 990 |
| 2013 | $2.9M | $719K | $19.4M | $26K | — | View 990 |
| 2012 | $2.0M | $695K | $15.8M | $121K | — | View 990 |
| 2011 | $1.0M | $571K | $13.9M | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $811K, expenses of $1.5M, and assets of $17.3M (revenue -43.3% year-over-year).
- 2022: Revenue of $1.4M, expenses of $2.7M, and assets of $16.7M (revenue -28.8% year-over-year).
- 2021: Revenue of $2.0M, expenses of $3.7M, and assets of $22.5M (revenue +49.8% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.8M, and assets of $23.6M (revenue -6.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $671K, and assets of $22.5M (revenue +58.6% year-over-year).
- 2018: Revenue of $901K, expenses of $290K, and assets of $19.3M (revenue -2.8% year-over-year).
- 2017: Revenue of $927K, expenses of $844K, and assets of $20.8M (revenue +67.3% year-over-year).
- 2016: Revenue of $554K, expenses of $793K, and assets of $19.4M (revenue -60.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $803K, and assets of $18.5M (revenue +13.7% year-over-year).
- 2014: Revenue of $1.2M, expenses of $984K, and assets of $19.4M (revenue -58.4% year-over-year).
- 2013: Revenue of $2.9M, expenses of $719K, and assets of $19.4M (revenue +43.3% year-over-year).
- 2012: Revenue of $2.0M, expenses of $695K, and assets of $15.8M (revenue +100.6% year-over-year).
- 2011: Revenue of $1.0M, expenses of $571K, and assets of $13.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Encyclopaedia Iranica Foundation Inc:
Data Sources and Methodology
This transparency report for Encyclopaedia Iranica 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.