Feldstein Family Charitable Foundation Inc
Feldstein Family Charitable Foundation consistently spends more than its revenue, drawing down assets over a decade.
EIN: 133412554 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $292K |
| Program Spending | 90% |
| Net Assets | $1.5M |
| Transparency Score | 75/100 |
Is Feldstein Family Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Feldstein Family Charitable Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Feldstein Family Charitable Foundation Inc
Feldstein Family Charitable Foundation Inc (EIN: 133412554) is a nonprofit organization based in New York, NY. The organization reported total revenue of $6.5M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Feldstein Family Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Feldstein Family Charitable Foundation Inc is a mid-size nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $292K |
| Surplus / Deficit | $-236,655 |
| Total Assets | $1.5M |
| Total Liabilities | $1 |
| Net Assets | $1.5M |
| Operating Margin | -427.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 61.5 months |
Financial Health Grade: B
In 2023, Feldstein Family Charitable Foundation Inc reported a deficit of $237K with expenses exceeding revenue, holds 61.5 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), Feldstein Family Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.8% | +12.8% | -13.6% |
| 2022 | +1.1% | +23.9% | -10.1% |
| 2021 | -21.2% | +0.2% | -7.0% |
| 2020 | +29.7% | +36.5% | -5.8% |
| 2019 | +17.3% | -7.2% | -13.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Feldstein Family Charitable Foundation Inc with a Mission Score of 75 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Feldstein Family Charitable 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 deficit of $237K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly efficient for an organization 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 Feldstein Family Charitable Foundation Inc's IRS 990 filings:
- Consistent spending exceeding revenue, leading to asset depletion.
- Lack of detailed expense breakdown (program vs. admin) in provided data, hindering precise efficiency analysis.
Strengths
The following positive indicators were identified for Feldstein Family Charitable Foundation Inc:
- Zero officer compensation across all reported periods, indicating high efficiency in leadership costs.
- Extremely low liabilities ($1 across all periods), demonstrating strong financial stability in terms of debt.
- Consistent filing history (10 filings), indicating good compliance and transparency.
Frequently Asked Questions about Feldstein Family Charitable Foundation Inc
Is Feldstein Family Charitable Foundation Inc a legitimate charity?
Feldstein Family Charitable Foundation Inc (EIN: 133412554) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.5M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Feldstein Family Charitable Foundation Inc spend its money?
Feldstein Family Charitable Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Feldstein Family Charitable Foundation Inc tax-deductible?
Feldstein Family Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133412554). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Feldstein Family Charitable Foundation Inc located?
Feldstein Family Charitable Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133412554.
How many years of IRS 990 filings does Feldstein Family Charitable Foundation Inc have?
Feldstein Family Charitable 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 $6.5M in total revenue.
Is Feldstein Family Charitable Foundation Inc. actively fundraising?
Based on the consistent and relatively low revenue figures compared to expenses, and the consistent draw-down of assets, it appears the foundation is primarily operating as a grant-making entity from its endowment rather than actively engaging in public fundraising campaigns.
What are the primary programs or causes supported by the foundation?
The provided IRS 990 data does not specify the NTEE code or detailed program descriptions, making it impossible to determine the specific causes or programs supported by the Feldstein Family Charitable Foundation Inc.
Why are the organization's assets decreasing over time?
The organization's assets are decreasing because its annual expenses consistently exceed its annual revenue. For example, in 2023, revenue was $55,334 while expenses were $291,989, leading to a net loss that is covered by drawing down its asset base.
Filing History
IRS 990 filing history for Feldstein Family Charitable Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Feldstein Family Charitable Foundation Inc's revenue has grown by 6.8%, moving from $52K to $55K. Total assets decreased by 49.5% over the same period, from $3.0M to $1.5M. Total functional expenses rose by 90%, from $154K to $292K. In its most recent filing year (2023), Feldstein Family Charitable Foundation Inc reported a deficit of $237K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $55K | $292K | $1.5M | $1 | — | View 990 |
| 2022 | $64K | $259K | $1.7M | $1 | — | View 990 |
| 2021 | $63K | $209K | $1.9M | $1 | — | — |
| 2020 | $81K | $209K | $2.1M | $1 | — | — |
| 2019 | $62K | $153K | $2.2M | $1 | — | View 990 |
| 2015 | $53K | $165K | $2.6M | $1 | — | View 990 |
| 2014 | $46K | $186K | $2.7M | $1 | — | View 990 |
| 2013 | $40K | $166K | $2.8M | $1 | — | View 990 |
| 2012 | $115K | $146K | $2.9M | $1 | — | View 990 |
| 2011 | $52K | $154K | $3.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $55K, expenses of $292K, and assets of $1.5M (revenue -13.8% year-over-year).
- 2022: Revenue of $64K, expenses of $259K, and assets of $1.7M (revenue +1.1% year-over-year).
- 2021: Revenue of $63K, expenses of $209K, and assets of $1.9M (revenue -21.2% year-over-year).
- 2020: Revenue of $81K, expenses of $209K, and assets of $2.1M (revenue +29.7% year-over-year).
- 2019: Revenue of $62K, expenses of $153K, and assets of $2.2M (revenue +17.3% year-over-year).
- 2015: Revenue of $53K, expenses of $165K, and assets of $2.6M (revenue +15.4% year-over-year).
- 2014: Revenue of $46K, expenses of $186K, and assets of $2.7M (revenue +13.8% year-over-year).
- 2013: Revenue of $40K, expenses of $166K, and assets of $2.8M (revenue -64.9% year-over-year).
- 2012: Revenue of $115K, expenses of $146K, and assets of $2.9M (revenue +121.8% year-over-year).
- 2011: Revenue of $52K, expenses of $154K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Feldstein Family Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Feldstein Family Charitable 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.