Eugene M Lang Foundation
Eugene M Lang Foundation consistently spends more than it earns, relying on its substantial asset base.
EIN: 136153412 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.6M |
| Total Expenses | $4.3M |
| Program Spending | 85% |
| Net Assets | $30.5M |
| Transparency Score | 85/100 |
Is Eugene M Lang Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eugene M Lang Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eugene M Lang Foundation
Eugene M Lang Foundation (EIN: 136153412) is a nonprofit organization based in New York, NY. The organization reported total revenue of $6.6M and total assets of $27.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eugene M Lang Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eugene M Lang Foundation is a mid-size nonprofit that has been operating for 62 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $4.3M |
| Surplus / Deficit | $-2,997,072 |
| Total Assets | $30.5M |
| Total Liabilities | $1 |
| Net Assets | $30.5M |
| Operating Margin | -234.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 85.6 months |
Financial Health Grade: B
In 2023, Eugene M Lang Foundation reported a deficit of $3.0M with expenses exceeding revenue, holds 85.6 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), Eugene M Lang Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.4% | -19.7% | -8.9% |
| 2022 | -63.2% | +12.4% | -7.8% |
| 2021 | +49.5% | +8.8% | +3.4% |
| 2020 | -7.4% | +92.3% | -2.4% |
| 2019 | +590.4% | +51.9% | +87.6% |
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 Eugene M Lang 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: 85%
- fundraising: 5%
According to IRS 990 filings, Eugene M Lang Foundation 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 $3.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the foundation, 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.
Red Flags
The following concerns were identified during AI analysis of Eugene M Lang Foundation's IRS 990 filings:
- Consistent negative net income in recent years (e.g., 2023, 2022, 2015, 2014, 2013, 2012, 2011) indicating reliance on asset drawdowns.
- Significant decrease in assets from $36.34M in 2021 to $27.26M currently, suggesting a sustained period of spending exceeding revenue.
Strengths
The following positive indicators were identified for Eugene M Lang Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency in executive remuneration.
- Substantial asset base ($27.26M) provides a strong financial cushion for its operations.
- Consistent history of IRS 990 filings, demonstrating transparency.
Frequently Asked Questions about Eugene M Lang Foundation
Is Eugene M Lang Foundation a legitimate charity?
Eugene M Lang Foundation (EIN: 136153412) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.6M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Eugene M Lang Foundation spend its money?
Eugene M Lang Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Eugene M Lang Foundation tax-deductible?
Eugene M Lang Foundation is registered as a tax-exempt nonprofit (EIN: 136153412). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eugene M Lang Foundation's spending goes to programs?
Eugene M Lang Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Eugene M Lang Foundation located?
Eugene M Lang Foundation is headquartered in New York, New York and files with the IRS under EIN 136153412.
How many years of IRS 990 filings does Eugene M Lang Foundation have?
Eugene M Lang 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 $6.6M in total revenue.
Is the Eugene M Lang Foundation financially sustainable given its spending patterns?
The foundation has consistently spent more than its revenue in recent years (e.g., $4.27M expenses vs. $1.27M revenue in 2023). While it has a substantial asset base of $27.26M, this trend suggests a reliance on drawing down assets, which could impact long-term sustainability if not managed strategically.
How does the foundation fund its operations with negative net income in several years?
The foundation funds its operations by utilizing its significant asset base. For example, in 2023, with $1.27M in revenue and $4.27M in expenses, the $3M deficit was covered by its assets, which decreased from $33.49M in 2022 to $30.49M in 2023.
What is the foundation's approach to executive compensation?
The foundation reports 0% officer compensation in all available filings, indicating a highly efficient approach where no funds are allocated to executive salaries.
Filing History
IRS 990 filing history for Eugene M Lang Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Eugene M Lang Foundation's revenue has declined by 17.5%, moving from $1.5M to $1.3M. Total assets decreased by 15% over the same period, from $35.9M to $30.5M. Total functional expenses rose by 24%, from $3.4M to $4.3M. In its most recent filing year (2023), Eugene M Lang Foundation reported a deficit of $3.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $30.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $30.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $4.3M | $30.5M | $1 | — | — |
| 2022 | $2.5M | $5.3M | $33.5M | $1 | — | View 990 |
| 2021 | $6.7M | $4.7M | $36.3M | $1 | — | View 990 |
| 2020 | $4.5M | $4.4M | $35.2M | $1 | — | View 990 |
| 2019 | $4.9M | $2.3M | $36.0M | $0 | — | View 990 |
| 2015 | $703K | $1.5M | $19.2M | $0 | — | View 990 |
| 2014 | $561K | $1.5M | $20.0M | $0 | — | View 990 |
| 2013 | $588K | $22.1M | $20.9M | $0 | — | View 990 |
| 2012 | $2.5M | $3.6M | $34.8M | $0 | — | View 990 |
| 2011 | $1.5M | $3.4M | $35.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $4.3M, and assets of $30.5M (revenue -48.4% year-over-year).
- 2022: Revenue of $2.5M, expenses of $5.3M, and assets of $33.5M (revenue -63.2% year-over-year).
- 2021: Revenue of $6.7M, expenses of $4.7M, and assets of $36.3M (revenue +49.5% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.4M, and assets of $35.2M (revenue -7.4% year-over-year).
- 2019: Revenue of $4.9M, expenses of $2.3M, and assets of $36.0M (revenue +590.4% year-over-year).
- 2015: Revenue of $703K, expenses of $1.5M, and assets of $19.2M (revenue +25.3% year-over-year).
- 2014: Revenue of $561K, expenses of $1.5M, and assets of $20.0M (revenue -4.5% year-over-year).
- 2013: Revenue of $588K, expenses of $22.1M, and assets of $20.9M (revenue -76.9% year-over-year).
- 2012: Revenue of $2.5M, expenses of $3.6M, and assets of $34.8M (revenue +64.0% year-over-year).
- 2011: Revenue of $1.5M, expenses of $3.4M, and assets of $35.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eugene M Lang Foundation:
Data Sources and Methodology
This transparency report for Eugene M Lang 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.