Harry & Jane Fischel Foundation
Harry & Jane Fischel Foundation maintains strong asset growth despite fluctuating revenues and reports no officer compensation.
EIN: 135677832 · Forest Hills, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $2.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $19.2M |
| Transparency Score | 85/100 |
Is Harry & Jane Fischel Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Harry & Jane Fischel Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Harry & Jane Fischel Foundation
Harry & Jane Fischel Foundation (EIN: 135677832) is a nonprofit organization based in Forest Hills, NY. The organization reported total revenue of $3.5M and total assets of $19.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Harry & Jane Fischel Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Harry & Jane Fischel Foundation is a mid-size nonprofit that has been operating for 85 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $2.2M |
| Surplus / Deficit | $-313,721 |
| Total Assets | $19.4M |
| Total Liabilities | $207K |
| Net Assets | $19.2M |
| Operating Margin | -17.0% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 107.8 months |
Financial Health Grade: B
In 2023, Harry & Jane Fischel Foundation reported a deficit of $314K with expenses exceeding revenue, holds 107.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Harry & Jane Fischel Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.3% | -3.7% | +2.2% |
| 2022 | -15.8% | +20.6% | -9.5% |
| 2021 | -70.0% | +8.2% | +2.7% |
| 2020 | +12.7% | +3.0% | +32.3% |
| 2019 | +334.5% | +20.5% | +36.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1941 |
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 Harry & Jane Fischel Foundation with a Mission Score of 85 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, Harry & Jane Fischel 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 $314K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.1%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through other means not categorized as officer compensation, which is highly efficient for a foundation of its size with assets nearing $20 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 Harry & Jane Fischel Foundation's IRS 990 filings:
- Significant revenue volatility year-over-year
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in summary data
Strengths
The following positive indicators were identified for Harry & Jane Fischel Foundation:
- Consistent asset growth, from $7.5M in 2011 to $19.4M in 2023
- Zero reported officer compensation, indicating high efficiency in leadership costs
- Low and stable liabilities relative to assets
- Consistent operational spending over a decade, demonstrating ongoing commitment
- Strong financial stability with a robust asset base
Frequently Asked Questions about Harry & Jane Fischel Foundation
Is Harry & Jane Fischel Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Harry & Jane Fischel Foundation (EIN: 135677832) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Harry & Jane Fischel Foundation spend its money?
Harry & Jane Fischel Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Harry & Jane Fischel Foundation tax-deductible?
Harry & Jane Fischel Foundation is registered as a tax-exempt nonprofit (EIN: 135677832). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Harry & Jane Fischel Foundation CEO make?
Harry & Jane Fischel Foundation's highest-compensated officer earns $20 annually. The organization reported $3.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Harry & Jane Fischel Foundation located?
Harry & Jane Fischel Foundation is headquartered in Forest Hills, New York and files with the IRS under EIN 135677832.
How many years of IRS 990 filings does Harry & Jane Fischel Foundation have?
Harry & Jane Fischel 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 $3.5M in total revenue.
What are the specific program activities funded by the Harry & Jane Fischel Foundation?
The provided data does not detail the specific program activities. Further investigation into their IRS Form 990, Part III (Statement of Program Service Accomplishments), would be necessary to understand their programmatic focus.
How does the foundation manage its significant asset growth?
The foundation's assets grew from $7,502,247 in 2011 to $19,434,459 in 2023. This growth suggests effective investment management, but the specific strategies (e.g., endowment management, investment portfolio) are not detailed in the summary data.
What is the reason for the significant fluctuations in annual revenue?
Revenue has varied widely, from $1,056,015 in 2013 to $6,128,573 in 2020. Such fluctuations could be due to varying investment returns, large one-time donations, or changes in grant cycles. Without more detailed financial statements, the exact causes are unclear.
Is the foundation primarily grant-making or does it operate its own programs?
The provided data does not specify whether the foundation is a grant-making entity or directly operates programs. The consistent expenses suggest ongoing activities, but the nature of these activities requires reviewing the full 990 forms.
What is the foundation's strategy for maintaining low liabilities?
The foundation consistently maintains low liabilities, typically under $300,000, relative to its substantial assets. This indicates a conservative financial approach, possibly avoiding debt and managing cash flow effectively to cover obligations.
Filing History
IRS 990 filing history for Harry & Jane Fischel Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Harry & Jane Fischel Foundation's revenue has grown by 55.5%, moving from $1.2M to $1.8M. Total assets increased by 159% over the same period, from $7.5M to $19.4M. Total functional expenses rose by 108.3%, from $1.0M to $2.2M. In its most recent filing year (2023), Harry & Jane Fischel Foundation reported a deficit of $314K, with expenses exceeding revenue. The organization holds $207K in liabilities against $19.4M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $19.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $2.2M | $19.4M | $207K | — | — |
| 2022 | $1.6M | $2.2M | $19.0M | $327K | — | View 990 |
| 2021 | $1.8M | $1.9M | $21.0M | $259K | — | View 990 |
| 2020 | $6.1M | $1.7M | $20.5M | $196K | — | View 990 |
| 2019 | $5.4M | $1.7M | $15.5M | $199K | — | View 990 |
| 2015 | $1.3M | $1.4M | $11.4M | $203K | — | View 990 |
| 2014 | $4.6M | $1.2M | $11.7M | $152K | — | View 990 |
| 2013 | $1.1M | $1.1M | $8.6M | $230K | — | View 990 |
| 2012 | $1.8M | $1.1M | $7.9M | $132K | — | View 990 |
| 2011 | $1.2M | $1.0M | $7.5M | $102K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $2.2M, and assets of $19.4M (revenue +19.3% year-over-year).
- 2022: Revenue of $1.6M, expenses of $2.2M, and assets of $19.0M (revenue -15.8% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.9M, and assets of $21.0M (revenue -70.0% year-over-year).
- 2020: Revenue of $6.1M, expenses of $1.7M, and assets of $20.5M (revenue +12.7% year-over-year).
- 2019: Revenue of $5.4M, expenses of $1.7M, and assets of $15.5M (revenue +334.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $11.4M (revenue -73.0% year-over-year).
- 2014: Revenue of $4.6M, expenses of $1.2M, and assets of $11.7M (revenue +339.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $8.6M (revenue -40.1% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.1M, and assets of $7.9M (revenue +48.3% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.0M, and assets of $7.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Harry & Jane Fischel Foundation:
Data Sources and Methodology
This transparency report for Harry & Jane Fischel 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.