Helen And Olga Masakowska Charitable Foundation
Helen And Olga Masakowska Charitable Foundation demonstrates consistent asset growth and zero executive compensation over a decade.
EIN: 202148061 · Pennington, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $106K |
| Program Spending | 90% |
| Net Assets | $1.6M |
| Transparency Score | 95/100 |
Is Helen And Olga Masakowska Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Helen And Olga Masakowska Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Helen And Olga Masakowska Charitable Foundation
Helen And Olga Masakowska Charitable Foundation (EIN: 202148061) is a nonprofit organization based in Pennington, NJ, classified under NTEE code T20. The organization reported total revenue of $1.3M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Helen And Olga Masakowska Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Helen And Olga Masakowska Charitable Foundation is a mid-size nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $106K |
| Surplus / Deficit | $-23,269 |
| Total Assets | $1.6M |
| Total Liabilities | $1 |
| Net Assets | $1.6M |
| Operating Margin | -28.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 180.2 months |
Financial Health Grade: B
In 2024, Helen And Olga Masakowska Charitable Foundation reported a deficit of $23K with expenses exceeding revenue, holds 180.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Helen And Olga Masakowska Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -21.7% | -5.5% | -1.5% |
| 2023 | -37.7% | -0.3% | -0.4% |
| 2022 | -19.8% | +11.1% | +3.7% |
| 2021 | +64.4% | +7.2% | +7.7% |
| 2020 | +51.2% | +9.7% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Helen And Olga Masakowska Charitable 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, Helen And Olga Masakowska Charitable 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly favorable, suggesting that all operational expenses are directed towards administrative overhead or direct program activities, maximizing the impact of its financial resources.
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 Helen And Olga Masakowska Charitable Foundation:
- Consistent asset growth: Assets increased from $1,319,949 in 2013 to $1,594,837 in 2024.
- Zero executive compensation: Officer compensation is consistently 0% across all filings.
- Minimal liabilities: Liabilities are consistently reported as $0 or $1, indicating strong financial health.
- Stable expense management: Annual expenses have remained within a predictable range ($80,000 - $112,000) over a decade.
Frequently Asked Questions about Helen And Olga Masakowska Charitable Foundation
Is Helen And Olga Masakowska Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Helen And Olga Masakowska Charitable Foundation (EIN: 202148061) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Helen And Olga Masakowska Charitable Foundation spend its money?
Helen And Olga Masakowska Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Helen And Olga Masakowska Charitable Foundation tax-deductible?
Helen And Olga Masakowska Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 202148061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Helen And Olga Masakowska Charitable Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Helen And Olga Masakowska Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Helen And Olga Masakowska Charitable Foundation located?
Helen And Olga Masakowska Charitable Foundation is headquartered in Pennington, New Jersey and files with the IRS under EIN 202148061. It is classified under NTEE code T20.
How many years of IRS 990 filings does Helen And Olga Masakowska Charitable Foundation have?
Helen And Olga Masakowska Charitable Foundation has 11 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 $1.3M in total revenue.
Is the Helen And Olga Masakowska Charitable Foundation financially stable?
Yes, the foundation appears very financially stable. It has consistently grown its assets from $1,319,949 in 2013 to $1,594,837 in 2024, and consistently reports minimal liabilities ($0 or $1).
Does the foundation pay its officers?
No, the foundation has consistently reported 0% officer compensation across all 11 available IRS 990 filings, indicating no salaries are paid to its officers.
How efficient is the foundation's spending?
The foundation demonstrates high spending efficiency, primarily due to its consistent reporting of 0% officer compensation. This suggests that nearly all expenses are directed towards program activities or essential, non-compensated administrative functions.
Filing History
IRS 990 filing history for Helen And Olga Masakowska Charitable Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Helen And Olga Masakowska Charitable Foundation's revenue has declined by 19.8%, moving from $103K to $83K. Total assets increased by 21.2% over the same period, from $1.3M to $1.6M. Total functional expenses rose by 53%, from $69K to $106K. In its most recent filing year (2024), Helen And Olga Masakowska Charitable Foundation reported a deficit of $23K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $83K | $106K | $1.6M | $1 | — | View 990 |
| 2023 | $106K | $112K | $1.6M | $1 | — | View 990 |
| 2022 | $170K | $113K | $1.6M | $1 | — | View 990 |
| 2021 | $212K | $101K | $1.6M | $1 | — | View 990 |
| 2020 | $129K | $95K | $1.5M | $1 | — | View 990 |
| 2019 | $85K | $86K | $1.4M | $0 | — | View 990 |
| 2016 | $77K | $89K | $1.4M | $0 | — | View 990 |
| 2015 | $89K | $87K | $1.4M | $0 | — | View 990 |
| 2014 | $145K | $83K | $1.4M | $0 | — | View 990 |
| 2013 | $81K | $80K | $1.3M | $0 | — | View 990 |
| 2012 | $103K | $69K | $1.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $83K, expenses of $106K, and assets of $1.6M (revenue -21.7% year-over-year).
- 2023: Revenue of $106K, expenses of $112K, and assets of $1.6M (revenue -37.7% year-over-year).
- 2022: Revenue of $170K, expenses of $113K, and assets of $1.6M (revenue -19.8% year-over-year).
- 2021: Revenue of $212K, expenses of $101K, and assets of $1.6M (revenue +64.4% year-over-year).
- 2020: Revenue of $129K, expenses of $95K, and assets of $1.5M (revenue +51.2% year-over-year).
- 2019: Revenue of $85K, expenses of $86K, and assets of $1.4M (revenue +10.4% year-over-year).
- 2016: Revenue of $77K, expenses of $89K, and assets of $1.4M (revenue -13.2% year-over-year).
- 2015: Revenue of $89K, expenses of $87K, and assets of $1.4M (revenue -38.5% year-over-year).
- 2014: Revenue of $145K, expenses of $83K, and assets of $1.4M (revenue +78.1% year-over-year).
- 2013: Revenue of $81K, expenses of $80K, and assets of $1.3M (revenue -21.4% year-over-year).
- 2012: Revenue of $103K, expenses of $69K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Helen And Olga Masakowska Charitable Foundation:
Data Sources and Methodology
This transparency report for Helen And Olga Masakowska Charitable 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.