Goulder Family Foundation
Goulder Family Foundation maintains substantial assets and zero officer compensation, with fluctuating revenue supporting its mission.
EIN: 20268498 · Pennington, NJ · NTEE: B82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.0M |
| Total Expenses | $3.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $47 |
| Net Assets | $47.5M |
| Transparency Score | 90/100 |
Is Goulder Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Goulder Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Goulder Family Foundation
Goulder Family Foundation (EIN: 20268498) is a nonprofit organization based in Pennington, NJ, classified under NTEE code B82Z. The organization reported total revenue of $10.0M and total assets of $46.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Goulder Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Goulder Family Foundation is a large 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 15.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $529K |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-2,431,145 |
| Total Assets | $47.5M |
| Total Liabilities | $1 |
| Net Assets | $47.5M |
| Operating Margin | -459.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 192.8 months |
Financial Health Grade: B
In 2023, Goulder Family Foundation reported a deficit of $2.4M with expenses exceeding revenue, holds 192.8 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), Goulder Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 15.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -62.7% | +8.7% | -4.9% |
| 2022 | -86.8% | +9.1% | -2.7% |
| 2021 | +460.4% | +1.7% | +20.8% |
| 2020 | -81.3% | +26.9% | +0.4% |
| 2019 | +7932.9% | +1054.1% | +3918.6% |
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 Goulder Family Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Goulder Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $2.4M, 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 $47 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 Goulder Family Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility, making consistent financial planning potentially challenging.
- Lack of detailed functional expense breakdown in summary data makes it difficult to precisely verify program vs. administrative spending.
Strengths
The following positive indicators were identified for Goulder Family Foundation:
- Consistently reports 0% officer compensation, indicating a highly efficient use of funds for mission-related activities.
- Strong asset growth from $381,953 in 2011 to $47,549,322 in 2023, demonstrating robust financial management and sustainability.
- Minimal liabilities ($1 in recent years) indicating a very strong balance sheet and low financial risk.
- High program focus implied by zero officer compensation and substantial asset base for grantmaking.
Frequently Asked Questions about Goulder Family Foundation
Is Goulder Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Goulder Family Foundation (EIN: 20268498) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Goulder Family Foundation spend its money?
Goulder Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Goulder Family Foundation tax-deductible?
Goulder Family Foundation is registered as a tax-exempt nonprofit (EIN: 20268498). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Goulder Family Foundation CEO make?
Goulder Family Foundation's highest-compensated officer earns $47 annually. The organization reported $10.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Goulder Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Goulder Family Foundation is above average for NTEE category B82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Goulder Family Foundation located?
Goulder Family Foundation is headquartered in Pennington, New Jersey and files with the IRS under EIN 20268498. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Goulder Family Foundation have?
Goulder Family 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 $10.0M in total revenue.
How does the Goulder Family Foundation manage its operations without officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership may be entirely volunteer-based or compensated through other entities, which is a notable operational model for an organization of this size.
What is the primary source of the Goulder Family Foundation's revenue given its fluctuations?
The significant fluctuations in revenue, such as $10,753,429 in 2021 versus $528,813 in 2023, suggest that revenue likely comes from a combination of investment returns, large infrequent donations, or capital gains, rather than consistent annual fundraising.
What specific programs does the Goulder Family Foundation support?
Based on the NTEE code B82Z (Foundations, Philanthropy & Grantmaking - General), the foundation likely engages in grantmaking to other charitable organizations, but the specific beneficiaries are not detailed in the provided summary data.
Filing History
IRS 990 filing history for Goulder Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Goulder Family Foundation's revenue has grown by 448.6%, moving from $96K to $529K. Total assets increased by 12349% over the same period, from $382K to $47.5M. Total functional expenses rose by 2114.5%, from $134K to $3.0M. In its most recent filing year (2023), Goulder Family Foundation reported a deficit of $2.4M, with expenses exceeding revenue. The organization holds $1 in liabilities against $47.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $47.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $529K | $3.0M | $47.5M | $1 | — | — |
| 2022 | $1.4M | $2.7M | $50.0M | $1 | — | View 990 |
| 2021 | $10.8M | $2.5M | $51.4M | $1 | — | View 990 |
| 2020 | $1.9M | $2.5M | $42.5M | $1 | — | View 990 |
| 2019 | $10.3M | $1.9M | $42.4M | $1 | — | — |
| 2015 | $128K | $168K | $1.1M | $0 | — | View 990 |
| 2014 | $276K | $138K | $604K | $0 | — | View 990 |
| 2013 | $108K | $37K | $466K | $0 | — | View 990 |
| 2012 | $55K | $96K | $395K | $0 | — | View 990 |
| 2011 | $96K | $134K | $382K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $529K, expenses of $3.0M, and assets of $47.5M (revenue -62.7% year-over-year).
- 2022: Revenue of $1.4M, expenses of $2.7M, and assets of $50.0M (revenue -86.8% year-over-year).
- 2021: Revenue of $10.8M, expenses of $2.5M, and assets of $51.4M (revenue +460.4% year-over-year).
- 2020: Revenue of $1.9M, expenses of $2.5M, and assets of $42.5M (revenue -81.3% year-over-year).
- 2019: Revenue of $10.3M, expenses of $1.9M, and assets of $42.4M (revenue +7932.9% year-over-year).
- 2015: Revenue of $128K, expenses of $168K, and assets of $1.1M (revenue -53.6% year-over-year).
- 2014: Revenue of $276K, expenses of $138K, and assets of $604K (revenue +155.7% year-over-year).
- 2013: Revenue of $108K, expenses of $37K, and assets of $466K (revenue +95.0% year-over-year).
- 2012: Revenue of $55K, expenses of $96K, and assets of $395K (revenue -42.6% year-over-year).
- 2011: Revenue of $96K, expenses of $134K, and assets of $382K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Goulder Family Foundation:
Data Sources and Methodology
This transparency report for Goulder Family 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.