Foundation Mireille And James Levy Usa
Foundation Mireille And James Levy Usa exhibits highly volatile financial activity with zero reported officer compensation.
EIN: 133703640 · New York, NY · NTEE: T20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $36.8M |
| Transparency Score | 65/100 |
Is Foundation Mireille And James Levy Usa Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foundation Mireille And James Levy Usa directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foundation Mireille And James Levy Usa
Foundation Mireille And James Levy Usa (EIN: 133703640) is a nonprofit organization based in New York, NY, classified under NTEE code T20Z. The organization reported total revenue of $2.2M and total assets of $37.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation Mireille And James Levy Usa's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation Mireille And James Levy Usa is a mid-size nonprofit that has been operating for 33 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 241.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $36.8M |
| Total Liabilities | $1 |
| Net Assets | $36.8M |
| Operating Margin | 53.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 382.2 months |
Financial Health Grade: A
In 2023, Foundation Mireille And James Levy Usa reported a surplus of $1.3M with revenue exceeding expenses, holds 382.2 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), Foundation Mireille And James Levy Usa's revenue has grown at a compound annual growth rate (CAGR) of 241.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.3% | -60.6% | +3.8% |
| 2022 | +455.8% | -95.5% | -3.8% |
| 2021 | -80.1% | — | -63.9% |
| 2020 | -98.9% | -100.0% | +1.4% |
| 2019 | +13253489900.0% | +2454937.7% | +929161.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Foundation Mireille And James Levy Usa with a Mission Score of 65 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Foundation Mireille And James Levy Usa allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports $0 in officer compensation across all available filings, indicating that no salaries or benefits are paid to its executives, which is highly unusual for an organization with assets reaching over $100 million at one point.
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 Foundation Mireille And James Levy Usa's IRS 990 filings:
- Extreme volatility in revenue and expenses across reporting periods, making financial performance unpredictable.
- Reporting of $0 expenses in some years (e.g., 2020) despite significant revenue, which is atypical for an active nonprofit.
- Lack of detailed expense breakdowns in the provided data, hindering a precise assessment of spending efficiency.
- Significant decrease in assets from a peak of $102 million in 2020 to $36.8 million in 2023 without clear corresponding expense reporting.
Strengths
The following positive indicators were identified for Foundation Mireille And James Levy Usa:
- Consistent reporting of $0 officer compensation, indicating no executive salaries or benefits.
- Consistently low liabilities ($1), suggesting strong financial solvency and minimal debt.
- Substantial asset base, even after fluctuations, providing a foundation for future grantmaking activities.
Frequently Asked Questions about Foundation Mireille And James Levy Usa
Is Foundation Mireille And James Levy Usa a legitimate charity?
Foundation Mireille And James Levy Usa (EIN: 133703640) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.2M. 4 red flags identified. 3 strengths noted. Financial health grade: A.
How does Foundation Mireille And James Levy Usa spend its money?
Foundation Mireille And James Levy Usa directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Foundation Mireille And James Levy Usa tax-deductible?
Foundation Mireille And James Levy Usa is registered as a tax-exempt nonprofit (EIN: 133703640). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Foundation Mireille And James Levy Usa CEO make?
Foundation Mireille And James Levy Usa's highest-compensated officer earns $0 annually. The organization reported $2.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Foundation Mireille And James Levy Usa's spending goes to programs?
Foundation Mireille And James Levy Usa directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Foundation Mireille And James Levy Usa compare to similar nonprofits?
With a transparency score of 65/100 (Good), Foundation Mireille And James Levy Usa is above average for NTEE category T20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foundation Mireille And James Levy Usa located?
Foundation Mireille And James Levy Usa is headquartered in New York, New York and files with the IRS under EIN 133703640. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Foundation Mireille And James Levy Usa have?
Foundation Mireille And James Levy Usa 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 $2.2M in total revenue.
Why are expenses reported as $0 in some years (e.g., 2020) while revenue is significant?
The reporting of $0 expenses in 2020, despite $1,393,354 in revenue, is highly unusual for an active foundation and suggests either a reporting anomaly, a year of significant asset accumulation without disbursement, or a change in operational strategy.
What accounts for the extreme fluctuations in revenue and expenses, such as the $132.5 million revenue in 2019 and $65.4 million expenses in 2021?
Such dramatic swings could indicate large, infrequent donations or grants received and disbursed, or significant investment activities that are not consistently reflected as operational revenue/expenses, which is common for private foundations with substantial endowments.
How does the organization manage its grantmaking activities with such variable financial inputs?
The variability suggests that the foundation might operate on a project-by-project basis or rely heavily on its asset base for grantmaking, rather than consistent annual revenue, making long-term planning potentially challenging.
Given the NTEE code T20Z (Private Grantmaking Foundations), what is the typical program spending ratio for this organization?
Without detailed expense breakdowns, it's difficult to ascertain the exact program spending ratio. However, as a grantmaking foundation, the majority of its expenses should ideally be directed towards grants (programs).
Filing History
IRS 990 filing history for Foundation Mireille And James Levy Usa showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Foundation Mireille And James Levy Usa's revenue has grown by 250522300%, moving from $1 to $2.5M. Total assets increased by 304851.5% over the same period, from $12K to $36.8M. In its most recent filing year (2023), Foundation Mireille And James Levy Usa reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $36.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $36.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $1.2M | $36.8M | $1 | — | — |
| 2022 | $1.5M | $2.9M | $35.5M | $1 | — | View 990 |
| 2021 | $278K | $65.4M | $36.9M | $1 | — | View 990 |
| 2020 | $1.4M | $0 | $102.0M | $1 | — | View 990 |
| 2019 | $132.5M | $31.9M | $100.6M | $1 | — | — |
| 2015 | $1 | $1K | $11K | $1 | — | View 990 |
| 2014 | $50 | $0 | $12K | $1 | — | View 990 |
| 2013 | $1 | $0 | $12K | $1 | — | View 990 |
| 2012 | $1 | $0 | $12K | $1 | — | View 990 |
| 2011 | $1 | $0 | $12K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $1.2M, and assets of $36.8M (revenue +62.3% year-over-year).
- 2022: Revenue of $1.5M, expenses of $2.9M, and assets of $35.5M (revenue +455.8% year-over-year).
- 2021: Revenue of $278K, expenses of $65.4M, and assets of $36.9M (revenue -80.1% year-over-year).
- 2020: Revenue of $1.4M, expenses of $0, and assets of $102.0M (revenue -98.9% year-over-year).
- 2019: Revenue of $132.5M, expenses of $31.9M, and assets of $100.6M (revenue +13253489900.0% year-over-year).
- 2015: Revenue of $1, expenses of $1K, and assets of $11K (revenue -98.0% year-over-year).
- 2014: Revenue of $50, expenses of $0, and assets of $12K (revenue +4900.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $12K (revenue +0.0% year-over-year).
- 2012: Revenue of $1, expenses of $0, and assets of $12K (revenue +0.0% year-over-year).
- 2011: Revenue of $1, expenses of $0, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation Mireille And James Levy Usa:
Data Sources and Methodology
This transparency report for Foundation Mireille And James Levy Usa 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.