Gerald B Cramer Family Foundation Inc
Gerald B Cramer Family Foundation Inc shows consistent asset growth and zero officer compensation over a decade.
EIN: 133749869 · Woodbury, NY · Updated: 2026-03-28
Is Gerald B Cramer Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Gerald B Cramer Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Gerald B Cramer Family Foundation Inc
Gerald B Cramer Family Foundation Inc (EIN: 133749869) is a nonprofit organization based in Woodbury, NY. The organization reported total revenue of $18.1M and total assets of $44.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gerald B Cramer Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Gerald B Cramer Family Foundation Inc with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Gerald B Cramer Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with assets exceeding $40 million.
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 Gerald B Cramer Family Foundation Inc's IRS 990 filings:
- Highly fluctuating annual revenue, which could indicate reliance on volatile investment returns or inconsistent large contributions.
Strengths
The following positive indicators were identified for Gerald B Cramer Family Foundation Inc:
- Consistent and significant asset growth, from $5.69 million in 2011 to $43.22 million in 2023.
- Extremely low liabilities, often reported as $1, indicating strong financial health and minimal debt.
- 0% officer compensation reported across all filings, suggesting highly efficient use of funds without executive salary overhead.
- Revenue generally exceeds expenses, allowing for sustained growth of the endowment.
- Strong financial stability over more than a decade of operations.
Frequently Asked Questions about Gerald B Cramer Family Foundation Inc
Is Gerald B Cramer Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gerald B Cramer Family Foundation Inc (EIN: 133749869) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Gerald B Cramer Family Foundation Inc spend its money?
Gerald B Cramer Family Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Gerald B Cramer Family Foundation Inc tax-deductible?
Gerald B Cramer Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133749869). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Gerald B Cramer Family Foundation Inc financially stable?
Yes, the foundation is highly financially stable, with assets growing from $5.69 million in 2011 to $43.22 million in 2023, and consistently reporting minimal liabilities (often $1).
Does the foundation spend efficiently?
Yes, the foundation appears to spend very efficiently, particularly given that 0% officer compensation is reported across all filings, meaning no executive salaries are paid from the organization's funds.
What is the primary financial activity of this organization?
As a family foundation, its primary financial activity is likely grantmaking, with revenue consistently exceeding expenses in most years, contributing to significant asset growth.
How has the foundation's revenue trended?
The foundation's revenue has been highly variable, ranging from $247,968 in 2011 to $19.29 million in 2019, and $8.01 million in 2023, indicating fluctuating income sources, likely investment returns or contributions.
Filing History
IRS 990 filing history for Gerald B Cramer Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Gerald B Cramer Family Foundation Inc's revenue has grown by 3133.3%, moving from $248K to $8.0M. Total assets increased by 659.2% over the same period, from $5.7M to $43.2M. Total functional expenses rose by 421.3%, from $1.2M to $6.0M. In its most recent filing year (2023), Gerald B Cramer Family Foundation Inc reported a surplus of $2.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $43.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $43.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $8.0M | $6.0M | $43.2M | $1 | — | View 990 |
| 2022 | $7.1M | $4.1M | $40.0M | $1 | — | View 990 |
| 2021 | $5.3M | $4.7M | $38.4M | $1 | — | View 990 |
| 2020 | $17.5M | $7.6M | $34.6M | $1 | — | View 990 |
| 2019 | $19.3M | $3.7M | $22.1M | $1 | — | View 990 |
| 2015 | $1.5M | $1.2M | $14.1M | $9K | — | View 990 |
| 2014 | $81K | $1.2M | $8.9M | $1 | — | View 990 |
| 2013 | $3.2M | $1.5M | $10.4M | $8K | — | View 990 |
| 2012 | $2.3M | $1.4M | $6.8M | $8K | — | View 990 |
| 2011 | $248K | $1.2M | $5.7M | $7K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.0M, expenses of $6.0M, and assets of $43.2M (revenue +13.7% year-over-year).
- 2022: Revenue of $7.1M, expenses of $4.1M, and assets of $40.0M (revenue +32.1% year-over-year).
- 2021: Revenue of $5.3M, expenses of $4.7M, and assets of $38.4M (revenue -69.4% year-over-year).
- 2020: Revenue of $17.5M, expenses of $7.6M, and assets of $34.6M (revenue -9.5% year-over-year).
- 2019: Revenue of $19.3M, expenses of $3.7M, and assets of $22.1M (revenue +1214.1% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.2M, and assets of $14.1M (revenue +1702.0% year-over-year).
- 2014: Revenue of $81K, expenses of $1.2M, and assets of $8.9M (revenue -97.5% year-over-year).
- 2013: Revenue of $3.2M, expenses of $1.5M, and assets of $10.4M (revenue +41.8% year-over-year).
- 2012: Revenue of $2.3M, expenses of $1.4M, and assets of $6.8M (revenue +814.1% year-over-year).
- 2011: Revenue of $248K, expenses of $1.2M, and assets of $5.7M.
Data Sources and Methodology
This transparency report for Gerald B Cramer Family 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.