Esb Charitable Foundation
Esb Charitable Foundation reports 0% officer compensation despite highly volatile revenue and expenses.
EIN: 203759208 · San Francisco, CA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.6M |
| Total Expenses | $14.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $116.8M |
| Transparency Score | 85/100 |
Is Esb Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Esb Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Esb Charitable Foundation
Esb Charitable Foundation (EIN: 203759208) is a nonprofit organization based in San Francisco, CA, classified under NTEE code T22. The organization reported total revenue of $10.6M and total assets of $107.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Esb Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Esb Charitable Foundation is a large nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -23.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $14.8M |
| Surplus / Deficit | $-11,371,654 |
| Total Assets | $116.8M |
| Total Liabilities | $1 |
| Net Assets | $116.8M |
| Operating Margin | -330.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 94.6 months |
Financial Health Grade: B
In 2023, Esb Charitable Foundation reported a deficit of $11.4M with expenses exceeding revenue, holds 94.6 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), Esb Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -23.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.9% | +7.9% | -8.9% |
| 2022 | -70.7% | +17.4% | +18.4% |
| 2021 | +328920.9% | -73.6% | +1591.8% |
| 2020 | -99.5% | -26.0% | -90.5% |
| 2019 | -95.4% | -16.9% | -82.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Esb Charitable Foundation with a Mission Score of 85 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, Esb Charitable 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $11.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is exceptional for an organization with assets exceeding $100 million in recent years, indicating a strong commitment to directing funds towards its mission rather than executive salaries.
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 Esb Charitable Foundation's IRS 990 filings:
- Extreme volatility in revenue and expenses year-over-year, making consistent financial planning challenging to assess.
- Significant fluctuations in assets and liabilities, indicating potential large-scale investment activities or grant commitments that are not fully detailed.
Strengths
The following positive indicators were identified for Esb Charitable Foundation:
- Consistent reporting of 0% officer compensation, demonstrating a strong commitment to minimizing administrative costs related to executive pay.
- Substantial asset base, with assets exceeding $100 million in recent years (e.g., $116,752,012 in 2023), providing significant capacity for grantmaking.
- Long filing history (10 filings), indicating sustained operation and compliance with IRS reporting requirements.
Frequently Asked Questions about Esb Charitable Foundation
Is Esb Charitable Foundation a legitimate charity?
Esb Charitable Foundation (EIN: 203759208) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $10.6M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Esb Charitable Foundation spend its money?
Esb Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Esb Charitable Foundation tax-deductible?
Esb Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 203759208). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Esb Charitable Foundation CEO make?
Esb Charitable Foundation's highest-compensated officer earns $100 annually. The organization reported $10.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Esb Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Esb Charitable Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Esb Charitable Foundation located?
Esb Charitable Foundation is headquartered in San Francisco, California and files with the IRS under EIN 203759208. It is classified under NTEE code T22.
How many years of IRS 990 filings does Esb Charitable Foundation have?
Esb Charitable Foundation 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 $10.6M in total revenue.
Is Esb Charitable Foundation a good charity?
Based on the available data, the foundation demonstrates strong financial management in terms of executive compensation (0%) and appears to focus its resources on its mission, as implied by the lack of officer compensation. However, the extreme volatility in revenue and expenses suggests a need for deeper understanding of its operational model and grant-making cycles.
Why are the revenue and expenses so volatile?
The significant fluctuations in revenue and expenses, such as revenue dropping from $116,085,153 in 2021 to $3,442,920 in 2023, and expenses ranging from $11,694,342 in 2021 to $154,493,771 in 2014, could be due to a variety of factors including large, infrequent grants received or made, significant investment gains/losses, or a project-based operational model. Further investigation into their specific activities would be needed to understand this pattern.
What is the primary source of the foundation's revenue?
The provided data does not specify the primary source of revenue. Given the NTEE code T22 (Private Grantmaking Foundations), it is likely that investment returns and contributions from a founding donor or related entities are significant sources, but this cannot be confirmed without more detailed financial statements.
Filing History
IRS 990 filing history for Esb Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Esb Charitable Foundation's revenue has declined by 96.2%, moving from $90.3M to $3.4M. Total assets decreased by 62.5% over the same period, from $311.6M to $116.8M. Total functional expenses fell by 74.4%, from $58.0M to $14.8M. In its most recent filing year (2023), Esb Charitable Foundation reported a deficit of $11.4M, with expenses exceeding revenue. The organization holds $1 in liabilities against $116.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $116.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $14.8M | $116.8M | $1 | — | — |
| 2022 | $34.0M | $13.7M | $128.1M | $41K | — | View 990 |
| 2021 | $116.1M | $11.7M | $108.2M | $2K | — | View 990 |
| 2020 | $35K | $44.3M | $6.4M | $117K | — | View 990 |
| 2019 | $6.5M | $59.8M | $67.4M | $16.6M | — | — |
| 2015 | $141.3M | $72.0M | $383.1M | $87.3M | — | View 990 |
| 2014 | $82.8M | $154.5M | $380.0M | $129.6M | — | View 990 |
| 2013 | $120.7M | $84.4M | $421.6M | $96.1M | — | View 990 |
| 2012 | $77.8M | $80.0M | $339.5M | $84.2M | — | View 990 |
| 2011 | $90.3M | $58.0M | $311.6M | $69.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $14.8M, and assets of $116.8M (revenue -89.9% year-over-year).
- 2022: Revenue of $34.0M, expenses of $13.7M, and assets of $128.1M (revenue -70.7% year-over-year).
- 2021: Revenue of $116.1M, expenses of $11.7M, and assets of $108.2M (revenue +328920.9% year-over-year).
- 2020: Revenue of $35K, expenses of $44.3M, and assets of $6.4M (revenue -99.5% year-over-year).
- 2019: Revenue of $6.5M, expenses of $59.8M, and assets of $67.4M (revenue -95.4% year-over-year).
- 2015: Revenue of $141.3M, expenses of $72.0M, and assets of $383.1M (revenue +70.6% year-over-year).
- 2014: Revenue of $82.8M, expenses of $154.5M, and assets of $380.0M (revenue -31.4% year-over-year).
- 2013: Revenue of $120.7M, expenses of $84.4M, and assets of $421.6M (revenue +55.3% year-over-year).
- 2012: Revenue of $77.8M, expenses of $80.0M, and assets of $339.5M (revenue -13.9% year-over-year).
- 2011: Revenue of $90.3M, expenses of $58.0M, and assets of $311.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Esb Charitable Foundation:
Data Sources and Methodology
This transparency report for Esb Charitable 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.