Esf College Foundation Inc
Esf College Foundation Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 156023443 · Syracuse, NY · NTEE: B114 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.3M |
| Total Expenses | $5.4M |
| Program Spending | 90% |
| Net Assets | $47.3M |
| Transparency Score | 95/100 |
Is Esf College Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Esf College Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Esf College Foundation Inc
Esf College Foundation Inc (EIN: 156023443) is a nonprofit organization based in Syracuse, NY, classified under NTEE code B114. The organization reported total revenue of $13.3M and total assets of $68.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Esf College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Esf College Foundation Inc is a large nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.3M |
| Total Expenses | $5.4M |
| Surplus / Deficit | +$10.9M |
| Total Assets | $50.8M |
| Total Liabilities | $3.5M |
| Net Assets | $47.3M |
| Operating Margin | 66.9% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 113.1 months |
Financial Health Grade: A
In 2023, Esf College Foundation Inc reported a surplus of $10.9M with revenue exceeding expenses, holds 113.1 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Esf College Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +108.7% | -1.5% | +9.4% |
| 2022 | -1.9% | +9.1% | -11.9% |
| 2021 | +81.2% | +3.8% | +22.6% |
| 2020 | +0.8% | +15.6% | +3.4% |
| 2019 | -5.0% | +16.7% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Esf College Foundation Inc with a Mission Score of 95 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, Esf College Foundation Inc 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 surplus of $10.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly favorable for resource allocation.
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.
Strengths
The following positive indicators were identified for Esf College Foundation Inc:
- Strong revenue growth, particularly in the 202306 period ($16,274,266).
- Consistent asset growth, reaching $50,766,390 in 202306.
- No reported officer compensation across all filings, indicating high efficiency and mission focus.
- Healthy surplus of revenue over expenses in most recent periods, e.g., $16,274,266 revenue vs $5,385,888 expenses in 202306.
- Low liabilities relative to assets, suggesting good financial stability.
Frequently Asked Questions about Esf College Foundation Inc
Is Esf College Foundation Inc a legitimate charity?
Esf College Foundation Inc (EIN: 156023443) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $13.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Esf College Foundation Inc spend its money?
Esf College Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Esf College Foundation Inc tax-deductible?
Esf College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 156023443). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Esf College Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Esf College Foundation Inc is above average for NTEE category B114 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Esf College Foundation Inc located?
Esf College Foundation Inc is headquartered in Syracuse, New York and files with the IRS under EIN 156023443. It is classified under NTEE code B114.
How many years of IRS 990 filings does Esf College Foundation Inc have?
Esf College 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 $13.3M in total revenue.
Is Esf College Foundation Inc a good charity?
Based on the financial data, Esf College Foundation Inc appears to be a very good charity. It demonstrates strong financial health, significant revenue growth, and a commitment to its mission by not reporting any officer compensation.
How has the organization's revenue changed over time?
The organization's revenue has shown significant growth, particularly in recent years, increasing from $4,386,674 in 202006 to $16,274,266 in 202306.
What is the trend in the organization's assets?
Assets have consistently grown, from $34,642,962 in 201406 to $50,766,390 in 202306, indicating strong financial stewardship and accumulation of resources.
Does the organization pay its officers?
According to all available IRS 990 filings, the organization reports 0% for officer compensation, meaning no officers received compensation from the foundation.
Filing History
IRS 990 filing history for Esf College Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Esf College Foundation Inc's revenue has grown by 379.8%, moving from $3.4M to $16.3M. Total assets increased by 93.9% over the same period, from $26.2M to $50.8M. Total functional expenses rose by 242.8%, from $1.6M to $5.4M. In its most recent filing year (2023), Esf College Foundation Inc reported a surplus of $10.9M, with revenue exceeding expenses. The organization holds $3.5M in liabilities against $50.8M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $47.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.3M | $5.4M | $50.8M | $3.5M | — | View 990 |
| 2022 | $7.8M | $5.5M | $46.4M | $3.1M | — | View 990 |
| 2021 | $7.9M | $5.0M | $52.7M | $3.0M | — | View 990 |
| 2020 | $4.4M | $4.8M | $43.0M | $3.5M | — | View 990 |
| 2019 | $4.4M | $4.2M | $41.6M | $2.9M | — | View 990 |
| 2018 | $4.6M | $3.6M | $40.6M | $2.9M | — | View 990 |
| 2017 | $3.5M | $2.9M | $38.4M | $3.1M | — | View 990 |
| 2016 | $5.5M | $3.5M | $35.1M | $3.0M | — | View 990 |
| 2015 | $3.8M | $3.1M | $35.6M | $3.3M | — | View 990 |
| 2014 | $4.2M | $2.4M | $34.6M | $3.4M | — | View 990 |
| 2013 | $4.2M | $2.3M | $28.7M | $2.8M | — | View 990 |
| 2012 | $3.5M | $2.2M | $27.0M | $4.9M | — | View 990 |
| 2011 | $3.4M | $1.6M | $26.2M | $5.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.3M, expenses of $5.4M, and assets of $50.8M (revenue +108.7% year-over-year).
- 2022: Revenue of $7.8M, expenses of $5.5M, and assets of $46.4M (revenue -1.9% year-over-year).
- 2021: Revenue of $7.9M, expenses of $5.0M, and assets of $52.7M (revenue +81.2% year-over-year).
- 2020: Revenue of $4.4M, expenses of $4.8M, and assets of $43.0M (revenue +0.8% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.2M, and assets of $41.6M (revenue -5.0% year-over-year).
- 2018: Revenue of $4.6M, expenses of $3.6M, and assets of $40.6M (revenue +31.6% year-over-year).
- 2017: Revenue of $3.5M, expenses of $2.9M, and assets of $38.4M (revenue -36.8% year-over-year).
- 2016: Revenue of $5.5M, expenses of $3.5M, and assets of $35.1M (revenue +44.5% year-over-year).
- 2015: Revenue of $3.8M, expenses of $3.1M, and assets of $35.6M (revenue -9.9% year-over-year).
- 2014: Revenue of $4.2M, expenses of $2.4M, and assets of $34.6M (revenue +0.9% year-over-year).
- 2013: Revenue of $4.2M, expenses of $2.3M, and assets of $28.7M (revenue +20.0% year-over-year).
- 2012: Revenue of $3.5M, expenses of $2.2M, and assets of $27.0M (revenue +3.3% year-over-year).
- 2011: Revenue of $3.4M, expenses of $1.6M, and assets of $26.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Esf College Foundation Inc:
Data Sources and Methodology
This transparency report for Esf College 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.