Falconwood Foundation Inc
Falconwood Foundation experiences extreme revenue and expense volatility with no reported officer compensation.
EIN: 133456475 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $2.7M |
| Program Spending | 80% |
| Net Assets | $3.1M |
| Transparency Score | 60/100 |
Is Falconwood Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Falconwood Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Falconwood Foundation Inc
Falconwood Foundation Inc (EIN: 133456475) is a nonprofit organization based in New York, NY. The organization reported total revenue of $3.4M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Falconwood Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Falconwood Foundation Inc is a mid-size nonprofit that has been operating for 38 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -16.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $327K |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-2,339,383 |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | -715.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 13.9 months |
Financial Health Grade: B
In 2023, Falconwood Foundation Inc reported a deficit of $2.3M with expenses exceeding revenue, holds 13.9 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), Falconwood Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -95.9% | -18.0% | -43.1% |
| 2022 | +649.0% | +8.2% | +723.5% |
| 2021 | -83.2% | -48.7% | -74.5% |
| 2020 | +676.2% | +97.5% | +25.8% |
| 2019 | -82.6% | -37.1% | +20089.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Falconwood Foundation Inc with a Mission Score of 60 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Falconwood Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $2.3M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a fully volunteer-led executive team or that executive compensation is not explicitly disclosed under this category, which could be a transparency concern given the organization's multi-million dollar revenues and expenses.
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 Falconwood Foundation Inc's IRS 990 filings:
- Extreme revenue volatility (e.g., $8M in 2022 to $0.3M in 2023)
- Expenses frequently exceed revenue (e.g., $2.6M expenses vs. $0.3M revenue in 2023)
- No officer compensation reported across all filings, potentially obscuring executive pay practices
- Unknown NTEE code limits comparative analysis
Strengths
The following positive indicators were identified for Falconwood Foundation Inc:
- Consistently low liabilities ($0 or $1 in most recent filings)
- Significant asset base in some years (e.g., $5.4M in 2022)
Frequently Asked Questions about Falconwood Foundation Inc
Is Falconwood Foundation Inc a legitimate charity?
Falconwood Foundation Inc (EIN: 133456475) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 60/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.4M. 4 red flags identified. 2 strengths noted. Financial health grade: B.
How does Falconwood Foundation Inc spend its money?
Falconwood Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Falconwood Foundation Inc tax-deductible?
Falconwood Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133456475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Falconwood Foundation Inc's spending goes to programs?
Falconwood Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Falconwood Foundation Inc located?
Falconwood Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133456475.
How many years of IRS 990 filings does Falconwood Foundation Inc have?
Falconwood Foundation Inc 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 $3.4M in total revenue.
Is Falconwood Foundation Inc financially stable?
The foundation's financial stability is questionable due to extreme year-over-year revenue and expense fluctuations. For example, revenue dropped from $8,030,852 in 2022 to $326,785 in 2023, while expenses often exceed revenue, as seen in 2023 ($2,666,168 expenses vs. $326,785 revenue).
How does Falconwood Foundation Inc manage its liabilities?
The foundation consistently reports extremely low liabilities, often $0 or $1, across all filings, indicating strong debt management and a healthy balance sheet in this regard.
Why is there no officer compensation reported?
The IRS 990 filings consistently show 0% officer compensation. This could mean the leadership is entirely volunteer-based, or that compensation is categorized differently, which warrants further investigation for full transparency.
Filing History
IRS 990 filing history for Falconwood Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Falconwood Foundation Inc's revenue has declined by 87.6%, moving from $2.6M to $327K. Total assets increased by 205044.4% over the same period, from $2K to $3.1M. Total functional expenses rose by 0.2%, from $2.7M to $2.7M. In its most recent filing year (2023), Falconwood Foundation Inc reported a deficit of $2.3M, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $327K | $2.7M | $3.1M | $1 | — | — |
| 2022 | $8.0M | $3.2M | $5.4M | $1 | — | View 990 |
| 2021 | $1.1M | $3.0M | $661K | $1 | — | View 990 |
| 2020 | $6.4M | $5.9M | $2.6M | $1 | — | View 990 |
| 2019 | $822K | $3.0M | $2.1M | $0 | — | View 990 |
| 2015 | $4.7M | $4.7M | $10K | $55K | — | View 990 |
| 2014 | $3.9M | $3.9M | $-6,435 | $42K | — | View 990 |
| 2013 | $4.0M | $4.0M | $6K | $0 | — | View 990 |
| 2012 | $3.4M | $3.3M | $32K | $0 | — | View 990 |
| 2011 | $2.6M | $2.7M | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $327K, expenses of $2.7M, and assets of $3.1M (revenue -95.9% year-over-year).
- 2022: Revenue of $8.0M, expenses of $3.2M, and assets of $5.4M (revenue +649.0% year-over-year).
- 2021: Revenue of $1.1M, expenses of $3.0M, and assets of $661K (revenue -83.2% year-over-year).
- 2020: Revenue of $6.4M, expenses of $5.9M, and assets of $2.6M (revenue +676.2% year-over-year).
- 2019: Revenue of $822K, expenses of $3.0M, and assets of $2.1M (revenue -82.6% year-over-year).
- 2015: Revenue of $4.7M, expenses of $4.7M, and assets of $10K (revenue +21.8% year-over-year).
- 2014: Revenue of $3.9M, expenses of $3.9M, and assets of $-6,435 (revenue -3.1% year-over-year).
- 2013: Revenue of $4.0M, expenses of $4.0M, and assets of $6K (revenue +18.5% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.3M, and assets of $32K (revenue +28.3% year-over-year).
- 2011: Revenue of $2.6M, expenses of $2.7M, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Falconwood Foundation Inc:
Data Sources and Methodology
This transparency report for Falconwood 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.