Esh Charitable Foundation

Esh Charitable Foundation faces declining assets due to consistent deficit spending despite zero officer compensation.

EIN: 113429423 · Matawan, NJ · NTEE: T22Z · Updated: 2026-03-28

$154KRevenue

$147KAssets

65/100Mission Score (Good)

T22Z

About Esh Charitable Foundation

Esh Charitable Foundation (EIN: 113429423) is a nonprofit organization based in Matawan, NJ, classified under NTEE code T22Z. The organization reported total revenue of $154K and total assets of $147K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Esh Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Esh Charitable Foundation exhibits a fluctuating financial history, with significant variations in revenue and expenses over the past decade. While the organization consistently reports zero officer compensation, indicating a volunteer-driven leadership, its financial stability appears inconsistent. For instance, in 2014, it reported over $2.7 million in revenue, but by 2023, this had dropped to $218,612. The foundation has frequently operated with expenses exceeding revenue, as seen in 2023 ($223,644 expenses vs. $218,612 revenue) and 2022 ($572,908 expenses vs. $478,152 revenue), leading to a gradual decline in assets from a peak of $1,726,672 in 2014 to $142,888 in 2023. This trend suggests a reliance on prior year reserves or inconsistent funding streams.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical record of its financial activities. The absence of officer compensation is a positive indicator of resource allocation towards its mission rather than executive salaries. However, the consistent deficit spending in recent years raises questions about long-term sustainability and the efficiency of its fundraising efforts relative to its programmatic ambitions. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency, but the overall trend of declining assets due to expenses exceeding revenue is a concern.

Overall, Esh Charitable Foundation demonstrates a commitment to its mission through its volunteer leadership and consistent reporting. However, its financial health shows signs of strain due to persistent deficit spending and a significant reduction in asset base over time. A more stable revenue stream and a closer alignment of expenses with income would improve its financial outlook and long-term impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Esh Charitable Foundation 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, Esh Charitable Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The Esh Charitable Foundation consistently reports 0% officer compensation across all available filings, indicating a volunteer-led organization that directs all 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 Esh Charitable Foundation's IRS 990 filings:

Consistent deficit spending: Expenses frequently exceed revenue, as seen in 2023, 2022, 2021, 2020, 2019, 2015, 2013, and 2012.
Significant decline in assets: Assets have decreased from a peak of $1,726,672 in 2014 to $142,888 in 2023.
Volatile revenue streams: Revenue has fluctuated dramatically, from over $2.7 million in 2014 to under $220,000 in 2023.

Strengths

The following positive indicators were identified for Esh Charitable Foundation:

Zero officer compensation: All reported filings show 0% officer compensation, indicating a volunteer-driven model.
Consistent IRS 990 filing history: The organization has a clear record of financial transparency through its 10 filed 990s.
Low liabilities: Liabilities are consistently reported as $1 or $0, indicating minimal debt.

Frequently Asked Questions about Esh Charitable Foundation

Is Esh Charitable Foundation financially sustainable given its consistent deficit spending?

The foundation has frequently spent more than it earned, as seen in 2023 ($223,644 expenses vs. $218,612 revenue) and 2022 ($572,908 expenses vs. $478,152 revenue). This trend has led to a significant decrease in assets from $1,726,672 in 2014 to $142,888 in 2023, raising concerns about long-term financial sustainability without a more stable revenue stream.

How does the organization manage its operations without paying officer compensation?

The consistent reporting of 0% officer compensation suggests that the organization is run by volunteers, which can be a strength in terms of directing funds to programs but may also imply limitations in dedicated, full-time leadership capacity.

What caused the drastic drop in revenue from $2.7 million in 2014 to $218,612 in 2023?

The filings show a substantial decrease in revenue, from $2,714,024 in 2014 to $218,612 in 2023. This significant fluctuation warrants further investigation into the nature of its funding sources and any changes in fundraising strategy or donor base.

Filing History

IRS 990 filing history for Esh Charitable Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Esh Charitable Foundation's revenue has declined by 14.2%, moving from $255K to $219K. Total assets increased by 72% over the same period, from $83K to $143K. Total functional expenses rose by 7.2%, from $209K to $224K. In its most recent filing year (2023), Esh Charitable Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $143K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $143K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$219K	$224K	$143K	$1	—	—
2022	$478K	$573K	$148K	$1	—	View 990
2021	$514K	$541K	$146K	$1	—	View 990
2020	$519K	$563K	$173K	$1	—	View 990
2019	$726K	$866K	$216K	$1	—	View 990
2015	$253K	$927K	$1.1M	$1	—	View 990
2014	$2.7M	$983K	$1.7M	$1	—	View 990
2013	$159K	$171K	$-8,615	$1	—	View 990
2012	$146K	$222K	$7K	$1	—	View 990
2011	$255K	$209K	$83K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $219K, expenses of $224K, and assets of $143K (revenue -54.3% year-over-year).
2022: Revenue of $478K, expenses of $573K, and assets of $148K (revenue -7.0% year-over-year).
2021: Revenue of $514K, expenses of $541K, and assets of $146K (revenue -1.0% year-over-year).
2020: Revenue of $519K, expenses of $563K, and assets of $173K (revenue -28.5% year-over-year).
2019: Revenue of $726K, expenses of $866K, and assets of $216K (revenue +187.1% year-over-year).
2015: Revenue of $253K, expenses of $927K, and assets of $1.1M (revenue -90.7% year-over-year).
2014: Revenue of $2.7M, expenses of $983K, and assets of $1.7M (revenue +1610.8% year-over-year).
2013: Revenue of $159K, expenses of $171K, and assets of $-8,615 (revenue +8.5% year-over-year).
2012: Revenue of $146K, expenses of $222K, and assets of $7K (revenue -42.6% year-over-year).
2011: Revenue of $255K, expenses of $209K, and assets of $83K.

Data Sources and Methodology

This transparency report for Esh 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.