Francis J Greenburger Foundation Inc
Francis J Greenburger Foundation Inc. consistently spends more than it earns in recent years, drawing on substantial assets.
EIN: 133406046 · New York, NY · NTEE: A40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.4M |
| Total Expenses | $1.7M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $12,946,755 |
| Net Assets | $11.6M |
| Transparency Score | 75/100 |
Is Francis J Greenburger Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Francis J Greenburger Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Francis J Greenburger Foundation Inc
Francis J Greenburger Foundation Inc (EIN: 133406046) is a nonprofit organization based in New York, NY, classified under NTEE code A40. The organization reported total revenue of $4.4M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Francis J Greenburger Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Francis J Greenburger Foundation Inc is a mid-size nonprofit that has been operating for 25 years, with 9 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-203,207 |
| Total Assets | $12.9M |
| Total Liabilities | $1.4M |
| Net Assets | $11.6M |
| Operating Margin | -13.8% |
| Debt-to-Asset Ratio | 10.6% |
| Months of Reserves | 92.4 months |
Financial Health Grade: B
In 2023, Francis J Greenburger Foundation Inc reported a deficit of $203K with expenses exceeding revenue, holds 92.4 months of operating reserves (strong position), has a debt-to-asset ratio of 10.6% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +218.0% | +14.9% | +1.8% |
| 2022 | -0.3% | +13.5% | -4.8% |
| 2021 | -86.4% | +14.9% | -9.3% |
| 2019 | +170912550.0% | +773313.1% | +873407.7% |
| 2015 | +0.0% | +3.6% | -7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Francis J Greenburger 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Francis J Greenburger Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $203K, with expenses exceeding revenue.
- Debt-to-asset ratio: 10.6%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is highly favorable for an organization of its asset size ($12,946,755 in 2023).
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 Francis J Greenburger Foundation Inc's IRS 990 filings:
- Consistent revenue deficits in recent years (e.g., 2023, 2022, 2021)
- Significant fluctuations in annual revenue, indicating potential unpredictability in funding streams
Strengths
The following positive indicators were identified for Francis J Greenburger Foundation Inc:
- Substantial asset base ($12,946,755 in 2023) provides financial resilience
- 0% officer compensation reported across all filings, indicating efficient use of funds for leadership costs
- Good historical transparency with nine available IRS 990 filings
Frequently Asked Questions about Francis J Greenburger Foundation Inc
Is Francis J Greenburger Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Francis J Greenburger Foundation Inc (EIN: 133406046) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Francis J Greenburger Foundation Inc spend its money?
Francis J Greenburger Foundation Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Francis J Greenburger Foundation Inc tax-deductible?
Francis J Greenburger Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133406046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Francis J Greenburger Foundation Inc CEO make?
Francis J Greenburger Foundation Inc's highest-compensated officer earns $12,946,755 annually. The organization reported $4.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Francis J Greenburger Foundation Inc's spending goes to programs?
Francis J Greenburger Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Francis J Greenburger Foundation Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Francis J Greenburger Foundation Inc is above average for NTEE category A40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Francis J Greenburger Foundation Inc located?
Francis J Greenburger Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133406046. It is classified under NTEE code A40.
How many years of IRS 990 filings does Francis J Greenburger Foundation Inc have?
Francis J Greenburger Foundation Inc has 9 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 $4.4M in total revenue.
Is Francis J Greenburger Foundation Inc. financially stable given its recent revenue deficits?
While the foundation has experienced revenue deficits in recent years (e.g., $1,477,358 revenue vs. $1,680,565 expenses in 2023), its substantial asset base of $12,946,755 in 2023 suggests it has the financial reserves to absorb these shortfalls, maintaining a degree of stability.
What is the primary source of funding for the foundation, given its fluctuating revenue?
The provided data does not specify the primary sources of funding. The significant fluctuations in revenue, from $2 in 2015 to $3,418,253 in 2019 and $1,477,358 in 2023, suggest a reliance on varied or intermittent funding streams, possibly large grants or investment income, rather than consistent public support.
How does the foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation implies that the leadership either volunteers their time, is compensated through other entities, or the foundation's operational model does not involve direct compensation for its officers from the foundation's funds.
What is the foundation's strategy for addressing the recurring revenue shortfalls?
The provided IRS 990 data does not detail the foundation's strategic plans for addressing revenue shortfalls. However, the sustained high asset level suggests a strategy that may involve drawing from endowments or investment returns to cover operational expenses when direct revenue is insufficient.
Filing History
IRS 990 filing history for Francis J Greenburger Foundation Inc showing financial trends over 9 years of public records:
Total assets increased by 580211.7% over the same period, from $2K to $12.9M. Total functional expenses rose by 1344352%, from $125 to $1.7M. In its most recent filing year (2023), Francis J Greenburger Foundation Inc reported a deficit of $203K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $12.9M in assets (debt-to-asset ratio: 10.6%), resulting in net assets of $11.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.7M | $12.9M | $1.4M | — | — |
| 2022 | $465K | $1.5M | $12.7M | $930K | — | View 990 |
| 2021 | $466K | $1.3M | $13.4M | $573K | — | View 990 |
| 2019 | $3.4M | $1.1M | $14.7M | $57K | — | View 990 |
| 2015 | $2 | $145 | $2K | $0 | — | View 990 |
| 2014 | $2 | $140 | $2K | $0 | — | View 990 |
| 2013 | $0 | $135 | $2K | $0 | — | View 990 |
| 2012 | $0 | $130 | $2K | $0 | — | View 990 |
| 2011 | $0 | $125 | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.7M, and assets of $12.9M (revenue +218.0% year-over-year).
- 2022: Revenue of $465K, expenses of $1.5M, and assets of $12.7M (revenue -0.3% year-over-year).
- 2021: Revenue of $466K, expenses of $1.3M, and assets of $13.4M (revenue -86.4% year-over-year).
- 2019: Revenue of $3.4M, expenses of $1.1M, and assets of $14.7M (revenue +170912550.0% year-over-year).
- 2015: Revenue of $2, expenses of $145, and assets of $2K (revenue +0.0% year-over-year).
- 2014: Revenue of $2, expenses of $140, and assets of $2K.
- 2013: Revenue of $0, expenses of $135, and assets of $2K.
- 2012: Revenue of $0, expenses of $130, and assets of $2K.
- 2011: Revenue of $0, expenses of $125, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Francis J Greenburger Foundation Inc:
Data Sources and Methodology
This transparency report for Francis J Greenburger 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.