Fay J Lindner Foundation
Fay J Lindner Foundation consistently distributes more than its annual revenue, supported by a strong asset base and zero reported officer compensation.
EIN: 116043320 · N Merrick, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.7M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| Net Assets | $10.3M |
| Transparency Score | 95/100 |
Is Fay J Lindner Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fay J Lindner Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fay J Lindner Foundation
Fay J Lindner Foundation (EIN: 116043320) is a nonprofit organization based in N Merrick, NY. The organization reported total revenue of $7.7M and total assets of $16.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fay J Lindner Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fay J Lindner Foundation is a mid-size nonprofit that has been operating for 60 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $537K |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-1,593,335 |
| Total Assets | $16.1M |
| Total Liabilities | $5.8M |
| Net Assets | $10.3M |
| Operating Margin | -296.9% |
| Debt-to-Asset Ratio | 36.0% |
| Months of Reserves | 90.8 months |
Financial Health Grade: B
In 2023, Fay J Lindner Foundation reported a deficit of $1.6M with expenses exceeding revenue, holds 90.8 months of operating reserves (strong position), has a debt-to-asset ratio of 36.0% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), Fay J Lindner Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.9% | +7.5% | -2.9% |
| 2022 | -13.4% | -4.5% | +0.2% |
| 2021 | +73.6% | -13.4% | +0.5% |
| 2020 | -31.3% | -1.5% | +2.5% |
| 2019 | +5.1% | -1.4% | +2.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
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 Fay J Lindner Foundation 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, Fay J Lindner 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 $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.0%.
Executive Compensation Analysis
The Fay J Lindner Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly efficient for a grant-making foundation of its size.
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 Fay J Lindner Foundation's IRS 990 filings:
- Increasing liabilities in recent years, from $0 in 2014 to $5,796,976 in 2023, warrants further scrutiny.
Strengths
The following positive indicators were identified for Fay J Lindner Foundation:
- Consistent zero officer compensation, indicating high efficiency and dedication of funds to mission.
- Strong and growing asset base, providing long-term financial stability for grant-making.
- Consistent distribution of funds for charitable purposes, often exceeding annual revenue.
- Long history of IRS 990 filings (10 filings), demonstrating transparency and consistent operation.
Frequently Asked Questions about Fay J Lindner Foundation
Is Fay J Lindner Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Fay J Lindner Foundation (EIN: 116043320) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Fay J Lindner Foundation spend its money?
Fay J Lindner Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Fay J Lindner Foundation tax-deductible?
Fay J Lindner Foundation is registered as a tax-exempt nonprofit (EIN: 116043320). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fay J Lindner Foundation located?
Fay J Lindner Foundation is headquartered in N Merrick, New York and files with the IRS under EIN 116043320.
How many years of IRS 990 filings does Fay J Lindner Foundation have?
Fay J Lindner 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 $7.7M in total revenue.
Is the Fay J Lindner Foundation a good charity?
Based on the available IRS 990 data, the Fay J Lindner Foundation appears to be a highly effective and efficient grant-making organization. It consistently distributes significant funds for its charitable purpose, maintains a strong asset base, and reports zero officer compensation, indicating excellent financial stewardship.
How does the foundation manage to spend more than its revenue in most years?
As a private foundation, it likely draws from its substantial endowment (assets) to fund its grant-making activities. For example, in 2023, it spent $2,129,924 while only generating $536,589 in revenue, utilizing its $16,116,276 in assets to cover the difference and fulfill its charitable mission.
What is the trend in the foundation's assets and liabilities?
The foundation's assets have shown consistent growth, from $14,269,623 in 2011 to $16,803,994 currently. Liabilities have fluctuated, starting at $0 in earlier years and increasing to $5,796,976 in 2023, which warrants further investigation into the nature of these liabilities.
Filing History
IRS 990 filing history for Fay J Lindner Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Fay J Lindner Foundation's revenue has declined by 64.7%, moving from $1.5M to $537K. Total assets increased by 12.9% over the same period, from $14.3M to $16.1M. Total functional expenses fell by 4.2%, from $2.2M to $2.1M. In its most recent filing year (2023), Fay J Lindner Foundation reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $5.8M in liabilities against $16.1M in assets (debt-to-asset ratio: 36.0%), resulting in net assets of $10.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $537K | $2.1M | $16.1M | $5.8M | — | View 990 |
| 2022 | $1.7M | $2.0M | $16.6M | $4.7M | — | View 990 |
| 2021 | $1.9M | $2.1M | $16.6M | $4.3M | — | View 990 |
| 2020 | $1.1M | $2.4M | $16.5M | $4.1M | — | — |
| 2019 | $1.6M | $2.4M | $16.1M | $2.6M | — | View 990 |
| 2015 | $1.5M | $2.5M | $15.7M | $1.8M | — | View 990 |
| 2014 | $1.3M | $2.6M | $13.7M | $0 | — | View 990 |
| 2013 | $1.6M | $2.3M | $14.1M | $0 | — | View 990 |
| 2012 | $1.6M | $1.9M | $14.4M | $0 | — | View 990 |
| 2011 | $1.5M | $2.2M | $14.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $537K, expenses of $2.1M, and assets of $16.1M (revenue -67.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.0M, and assets of $16.6M (revenue -13.4% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.1M, and assets of $16.6M (revenue +73.6% year-over-year).
- 2020: Revenue of $1.1M, expenses of $2.4M, and assets of $16.5M (revenue -31.3% year-over-year).
- 2019: Revenue of $1.6M, expenses of $2.4M, and assets of $16.1M (revenue +5.1% year-over-year).
- 2015: Revenue of $1.5M, expenses of $2.5M, and assets of $15.7M (revenue +15.7% year-over-year).
- 2014: Revenue of $1.3M, expenses of $2.6M, and assets of $13.7M (revenue -16.8% year-over-year).
- 2013: Revenue of $1.6M, expenses of $2.3M, and assets of $14.1M (revenue +1.6% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.9M, and assets of $14.4M (revenue +3.2% year-over-year).
- 2011: Revenue of $1.5M, expenses of $2.2M, and assets of $14.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fay J Lindner Foundation:
Data Sources and Methodology
This transparency report for Fay J Lindner 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.