Florence V Burden Foundation
Florence V Burden Foundation consistently maintains strong assets and zero officer compensation.
EIN: 136224125 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.3M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| Net Assets | $16.3M |
| Transparency Score | 92/100 |
Is Florence V Burden Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Florence V Burden Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Florence V Burden Foundation
Florence V Burden Foundation (EIN: 136224125) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.3M and total assets of $18.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Florence V Burden Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Florence V Burden Foundation is a mid-size nonprofit that has been operating for 59 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$548K |
| Total Assets | $16.6M |
| Total Liabilities | $221K |
| Net Assets | $16.3M |
| Operating Margin | 32.1% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 171.5 months |
Financial Health Grade: A
In 2023, Florence V Burden Foundation reported a surplus of $548K with revenue exceeding expenses, holds 171.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Florence V Burden Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.1% | -3.5% | +9.5% |
| 2022 | -26.9% | +12.0% | -12.9% |
| 2021 | +157.5% | +15.1% | +7.8% |
| 2020 | -5.4% | -8.0% | +3.6% |
| 2019 | -47.2% | -2.1% | +2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1967 |
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 Florence V Burden Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Florence V Burden Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $548K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual and suggests a volunteer-led or externally funded leadership structure.
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 Florence V Burden Foundation's IRS 990 filings:
- Lack of detailed NTEE code prevents specific program area assessment.
Strengths
The following positive indicators were identified for Florence V Burden Foundation:
- Consistent positive net income (revenue exceeding expenses), e.g., $1,706,627 revenue vs $1,159,049 expenses in 2023.
- Strong and stable asset base, consistently above $15 million.
- Zero reported officer compensation across all filings, indicating high efficiency and potentially volunteer leadership.
- Low liabilities relative to assets, demonstrating strong financial health.
- Consistent history of IRS 990 filings, indicating transparency.
Frequently Asked Questions about Florence V Burden Foundation
Is Florence V Burden Foundation a legitimate charity?
Florence V Burden Foundation (EIN: 136224125) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.3M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Florence V Burden Foundation spend its money?
Florence V Burden Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Florence V Burden Foundation tax-deductible?
Florence V Burden Foundation is registered as a tax-exempt nonprofit (EIN: 136224125). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Florence V Burden Foundation's spending goes to programs?
Florence V Burden Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Florence V Burden Foundation located?
Florence V Burden Foundation is headquartered in New York, New York and files with the IRS under EIN 136224125.
How many years of IRS 990 filings does Florence V Burden Foundation have?
Florence V Burden 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 $4.3M in total revenue.
Is the Florence V Burden Foundation a good charity?
Based on its financial data, the Florence V Burden Foundation appears to be a very good charity. It consistently maintains a strong asset base, spends significantly less than its revenue, and reports 0% officer compensation, indicating a highly efficient and mission-focused operation.
How has the foundation's revenue trended over the past few years?
The foundation's revenue has fluctuated but generally remained robust. For example, it saw $1,993,756 in 2021, $1,456,825 in 2022, and $1,706,627 in 2023, demonstrating a capacity to generate substantial income.
What is the organization's financial stability?
The organization exhibits strong financial stability, consistently holding over $15 million in assets, reaching $16,569,550 in 2023. Its liabilities are also consistently low relative to its assets, such as $220,804 in liabilities against $16,569,550 in assets in 2023.
Filing History
IRS 990 filing history for Florence V Burden Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Florence V Burden Foundation's revenue has grown by 24.8%, moving from $1.4M to $1.7M. Total assets increased by 19.4% over the same period, from $13.9M to $16.6M. Total functional expenses rose by 33.9%, from $866K to $1.2M. In its most recent filing year (2023), Florence V Burden Foundation reported a surplus of $548K, with revenue exceeding expenses. The organization holds $221K in liabilities against $16.6M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $16.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.2M | $16.6M | $221K | — | View 990 |
| 2022 | $1.5M | $1.2M | $15.1M | $169K | — | — |
| 2021 | $2.0M | $1.1M | $17.4M | $286K | — | View 990 |
| 2020 | $774K | $932K | $16.1M | $179K | — | View 990 |
| 2019 | $819K | $1.0M | $15.6M | $243K | — | — |
| 2015 | $1.6M | $1.0M | $15.2M | $301K | — | View 990 |
| 2014 | $1.2M | $918K | $16.8M | $298K | — | View 990 |
| 2013 | $2.0M | $894K | $15.9M | $361K | — | View 990 |
| 2012 | $546K | $819K | $14.6M | $329K | — | View 990 |
| 2011 | $1.4M | $866K | $13.9M | $185K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.2M, and assets of $16.6M (revenue +17.1% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.2M, and assets of $15.1M (revenue -26.9% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.1M, and assets of $17.4M (revenue +157.5% year-over-year).
- 2020: Revenue of $774K, expenses of $932K, and assets of $16.1M (revenue -5.4% year-over-year).
- 2019: Revenue of $819K, expenses of $1.0M, and assets of $15.6M (revenue -47.2% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.0M, and assets of $15.2M (revenue +29.5% year-over-year).
- 2014: Revenue of $1.2M, expenses of $918K, and assets of $16.8M (revenue -39.3% year-over-year).
- 2013: Revenue of $2.0M, expenses of $894K, and assets of $15.9M (revenue +261.1% year-over-year).
- 2012: Revenue of $546K, expenses of $819K, and assets of $14.6M (revenue -60.0% year-over-year).
- 2011: Revenue of $1.4M, expenses of $866K, and assets of $13.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Florence V Burden Foundation:
Data Sources and Methodology
This transparency report for Florence V Burden 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.