Gerson Family Foundation Inc

Gerson Family Foundation maintains stable assets and zero officer compensation despite fluctuating annual revenues.

EIN: 133750336 · New York, NY · Updated: 2026-03-28

$6.3MRevenue
$16.2MAssets
90/100Mission Score (Excellent)
Gerson Family Foundation Inc Financial Summary
MetricValue
Total Revenue$6.3M
Total Expenses$853K
Program Spending95%
CEO/Top Officer Pay$11
Net Assets$11.6M
Transparency Score90/100

Is Gerson Family Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Gerson Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Gerson Family Foundation Inc

Gerson Family Foundation Inc (EIN: 133750336) is a nonprofit organization based in New York, NY. The organization reported total revenue of $6.3M and total assets of $16.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gerson Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

32Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Gerson Family Foundation Inc is a mid-size nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$597K
Total Expenses$853K
Surplus / Deficit$-256,649
Total Assets$11.6M
Total Liabilities$1
Net Assets$11.6M
Operating Margin-43.0%
Debt-to-Asset Ratio0.0%
Months of Reserves163.1 months

Financial Health Grade: B

In 2023, Gerson Family Foundation Inc reported a deficit of $257K with expenses exceeding revenue, holds 163.1 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), Gerson Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023-60.6%+1.1%-2.2%
2022+87.3%+17.9%+6.0%
2021+77.9%-6.2%+0.8%
2020-35.1%+6.0%-2.7%
2019+636.3%+4.5%+13.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1994

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Gerson Family Foundation Inc. demonstrates a consistent pattern of grantmaking, with expenses generally ranging between $415,065 and $853,249 over the past decade. While the organization's revenue has fluctuated significantly, including a negative revenue year in 2012, its asset base has shown steady growth, increasing from $10,040,387 in 2011 to $11,600,452 in 2023. This indicates a stable financial foundation, likely supported by its endowment. The foundation's spending efficiency appears strong in terms of administrative overhead, as it consistently reports 0% officer compensation across all available filings. This suggests that a very high proportion of its expenses are directed towards its programmatic activities (grants). The organization's liabilities have remained minimal, often reported as $0 or $1, further indicating sound financial management and low financial risk. Transparency is high regarding executive compensation, with no officer compensation reported. However, without detailed breakdowns of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency beyond officer compensation is limited. The consistent growth in assets, despite varying annual revenues, points to prudent long-term financial stewardship.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Gerson 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, Gerson 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$597KTotal Revenue
$853KTotal Expenses
$11.6MTotal Assets
$1Total Liabilities
$11.6MNet Assets
  • The organization reported a deficit of $257K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the foundation, which is highly unusual for an organization with assets exceeding $11 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 Gerson Family Foundation Inc's IRS 990 filings:

  • NTEE Code is unknown, limiting understanding of mission focus.
  • Significant revenue fluctuations, including negative revenue in 2012, could indicate reliance on volatile income sources.

Strengths

The following positive indicators were identified for Gerson Family Foundation Inc:

  • Consistent 0% officer compensation, indicating high efficiency in leadership costs.
  • Stable and growing asset base, increasing from $10.04 million in 2011 to $11.60 million in 2023.
  • Minimal liabilities, consistently reported as $0 or $1, indicating strong financial health.
  • Expenses are consistently directed towards charitable activities, given the lack of officer compensation.

Frequently Asked Questions about Gerson Family Foundation Inc

Is Gerson Family Foundation Inc a legitimate charity?

Gerson Family Foundation Inc (EIN: 133750336) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.3M. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Gerson Family Foundation Inc spend its money?

Gerson Family Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Gerson Family Foundation Inc tax-deductible?

Gerson Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133750336). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Gerson Family Foundation Inc CEO make?

Gerson Family Foundation Inc's highest-compensated officer earns $11 annually. The organization reported $6.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

Where is Gerson Family Foundation Inc located?

Gerson Family Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133750336.

How many years of IRS 990 filings does Gerson Family Foundation Inc have?

Gerson Family 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 $6.3M in total revenue.

How does the Gerson Family Foundation sustain its operations with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or compensation is covered by an external entity, or it's structured in a way that doesn't classify payments as 'officer compensation' on the 990 form. This is a significant factor in its financial efficiency.

What is the primary source of the foundation's revenue given its fluctuations?

The revenue fluctuations, ranging from negative $32,014 to over $1.5 million, suggest that the foundation's income may be heavily reliant on investment returns, contributions from a limited number of donors, or specific grant cycles rather than a consistent operational income stream.

What are the specific programmatic areas the Gerson Family Foundation supports?

The provided NTEE code is 'Unknown,' and the data does not detail the specific programs or grants made. Understanding the mission and impact would require reviewing the full 990 forms or the organization's website.

Filing History

IRS 990 filing history for Gerson Family Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Gerson Family Foundation Inc's revenue has declined by 42.2%, moving from $1.0M to $597K. Total assets increased by 15.5% over the same period, from $10.0M to $11.6M. Total functional expenses rose by 105.6%, from $415K to $853K. In its most recent filing year (2023), Gerson Family Foundation Inc reported a deficit of $257K, with expenses exceeding revenue. The organization holds $1 in liabilities against $11.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $597K $853K $11.6M $1 View 990
2022 $1.5M $844K $11.9M $1 View 990
2021 $809K $716K $11.2M $1 View 990
2020 $455K $764K $11.1M $1
2019 $701K $721K $11.4M $0 View 990
2015 $95K $689K $10.1M $0 View 990
2014 $1.3M $614K $10.7M $0 View 990
2013 $1.1M $550K $10.0M $0 View 990
2012 $-32,014 $537K $9.5M $0 View 990
2011 $1.0M $415K $10.0M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $597K, expenses of $853K, and assets of $11.6M (revenue -60.6% year-over-year).
  • 2022: Revenue of $1.5M, expenses of $844K, and assets of $11.9M (revenue +87.3% year-over-year).
  • 2021: Revenue of $809K, expenses of $716K, and assets of $11.2M (revenue +77.9% year-over-year).
  • 2020: Revenue of $455K, expenses of $764K, and assets of $11.1M (revenue -35.1% year-over-year).
  • 2019: Revenue of $701K, expenses of $721K, and assets of $11.4M (revenue +636.3% year-over-year).
  • 2015: Revenue of $95K, expenses of $689K, and assets of $10.1M (revenue -92.5% year-over-year).
  • 2014: Revenue of $1.3M, expenses of $614K, and assets of $10.7M (revenue +16.1% year-over-year).
  • 2013: Revenue of $1.1M, expenses of $550K, and assets of $10.0M.
  • 2012: Revenue of $-32,014, expenses of $537K, and assets of $9.5M (revenue -103.1% year-over-year).
  • 2011: Revenue of $1.0M, expenses of $415K, and assets of $10.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Gerson Family Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Gerson 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.

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