Gutman Family Foundation

Gutman Family Foundation consistently operates without executive compensation, directing funds to its mission.

EIN: 133936473 · Northbrook, IL · NTEE: T20Z · Updated: 2026-03-28

$555KRevenue

$255KAssets

95/100Mission Score (Excellent)

T20Z

About Gutman Family Foundation

Gutman Family Foundation (EIN: 133936473) is a nonprofit organization based in Northbrook, IL, classified under NTEE code T20Z. The organization reported total revenue of $555K and total assets of $255K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gutman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Gutman Family Foundation demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the latest filing period (202312), the organization reported expenses of $365,180 against revenues of $389,006, indicating a financially sound operational year. Over the past decade, the foundation has maintained a lean operational structure with no reported officer compensation, which is a strong indicator of efficient resource allocation and a focus on direct charitable activities. While revenue and asset figures have fluctuated, the foundation has consistently managed its liabilities, reporting only $1 in liabilities in recent years, suggesting good financial stewardship.

The foundation's financial health appears stable, with assets of $155,324 in 202312. Although assets have seen significant fluctuations over the years, from a high of $698,046 in 201112 to a low of $78,965 in 202012, the recent trend shows a recovery. The absence of officer compensation across all reported periods is a significant positive for transparency and efficiency, ensuring that a greater proportion of funds can be directed towards programs. The organization's NTEE code T20Z (Private Grantmaking Foundations) aligns with its operational model, and the consistent filing of IRS 990s demonstrates a commitment to regulatory compliance and public transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Gutman Family Foundation with a Mission Score of 95 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, Gutman 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.

Executive Compensation Analysis

Executive compensation has been consistently reported as 0% across all available filing periods, indicating that no salaries or other compensation are paid to officers, directors, trustees, or key employees. This is highly commendable for a foundation of its size, ensuring that all available funds are directed towards its charitable purpose.

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.

Strengths

The following positive indicators were identified for Gutman Family Foundation:

Zero officer compensation across all reported periods, maximizing funds for programs.
Consistently low liabilities (often $1), indicating strong financial management.
High program spending ratio due to no executive compensation.
Consistent IRS 990 filing history, demonstrating transparency.
Positive net income in the latest filing period (202312: Revenue $389,006 vs. Expenses $365,180).

Frequently Asked Questions about Gutman Family Foundation

Is Gutman Family Foundation a good charity?

Based on the available IRS 990 data, the Gutman Family Foundation appears to be a very good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. Its program spending is high, and it maintains minimal liabilities.

How does Gutman Family Foundation manage its finances?

The foundation manages its finances efficiently, consistently operating with minimal liabilities (often $1) and no reported officer compensation. While revenues and assets have fluctuated, expenses are generally well-managed relative to income, as seen in the 202312 period where expenses were $365,180 against revenues of $389,006.

What is the trend in Gutman Family Foundation's assets?

The foundation's assets have shown significant fluctuation over the years, from a high of $698,046 in 201112 to a low of $78,965 in 202012. However, they have shown a recent recovery, reaching $155,324 in 202312, indicating a positive trend after a period of decline.

Filing History

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

Over 10 years of IRS 990 filings (2011–2023), Gutman Family Foundation's revenue has grown by 89.3%, moving from $206K to $389K. Total assets decreased by 77.7% over the same period, from $698K to $155K. Total functional expenses rose by 0.2%, from $365K to $365K. In its most recent filing year (2023), Gutman Family Foundation reported a surplus of $24K, with revenue exceeding expenses. The organization holds $1 in liabilities against $155K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $155K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$389K	$365K	$155K	$1	—	View 990
2022	$5K	$152K	$131K	$1	—	View 990
2021	$889K	$250K	$282K	$1	—	View 990
2020	$222K	$241K	$79K	$1	—	View 990
2019	$182K	$179K	$98K	$1	—	View 990
2015	$343K	$455K	$120K	$1	—	View 990
2014	$370K	$523K	$232K	$1	—	View 990
2013	$327K	$453K	$385K	$1	—	View 990
2012	$161K	$347K	$511K	$0	—	View 990
2011	$206K	$365K	$698K	$30	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $389K, expenses of $365K, and assets of $155K (revenue +7001.2% year-over-year).
2022: Revenue of $5K, expenses of $152K, and assets of $131K (revenue -99.4% year-over-year).
2021: Revenue of $889K, expenses of $250K, and assets of $282K (revenue +300.7% year-over-year).
2020: Revenue of $222K, expenses of $241K, and assets of $79K (revenue +21.7% year-over-year).
2019: Revenue of $182K, expenses of $179K, and assets of $98K (revenue -46.9% year-over-year).
2015: Revenue of $343K, expenses of $455K, and assets of $120K (revenue -7.1% year-over-year).
2014: Revenue of $370K, expenses of $523K, and assets of $232K (revenue +13.0% year-over-year).
2013: Revenue of $327K, expenses of $453K, and assets of $385K (revenue +103.6% year-over-year).
2012: Revenue of $161K, expenses of $347K, and assets of $511K (revenue -21.8% year-over-year).
2011: Revenue of $206K, expenses of $365K, and assets of $698K.

Data Sources and Methodology

This transparency report for Gutman 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.