Henry & Rosa Segal Foundation Inc

Henry & Rosa Segal Foundation consistently spends more than its revenue, drawing down assets.

EIN: 136163177 · New Haven, CT · Updated: 2026-03-28

$31KRevenue
$478KAssets
85/100Mission Score (Excellent)
Henry & Rosa Segal Foundation Inc Financial Summary
MetricValue
Total Revenue$31K
Total Expenses$54K
Program Spending90%
Net Assets$441K
Transparency Score85/100

Is Henry & Rosa Segal 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 →

Henry & Rosa Segal Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Henry & Rosa Segal Foundation Inc

Henry & Rosa Segal Foundation Inc (EIN: 136163177) is a nonprofit organization based in New Haven, CT. The organization reported total revenue of $31K and total assets of $478K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Henry & Rosa Segal Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

64Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

Henry & Rosa Segal Foundation Inc is a micro nonprofit that has been operating for 64 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$22K
Total Expenses$54K
Surplus / Deficit$-32,250
Total Assets$441K
Total Liabilities$1
Net Assets$441K
Operating Margin-149.6%
Debt-to-Asset Ratio0.0%
Months of Reserves98.4 months

Financial Health Grade: B

In 2023, Henry & Rosa Segal Foundation Inc reported a deficit of $32K with expenses exceeding revenue, holds 98.4 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), Henry & Rosa Segal Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-6.9%-30.3%-6.8%
2022+1.4%+100.0%-13.5%
2021+6.2%+1148.3%+0.5%
2020-19.8%+559.5%+16.8%
2019-22.7%-99.7%+4.4%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1962

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

AI Transparency Report

The Henry & Rosa Segal Foundation Inc. appears to be a private foundation, given its consistent revenue levels and significant asset base relative to its expenses. Over the past few years, the organization has consistently spent more than it has brought in through revenue. For instance, in 2023, revenue was $21,562 while expenses were $53,812, and in 2022, revenue was $23,156 against expenses of $77,231. This trend suggests the foundation is drawing down its assets to fund its activities, which is typical for a grant-making foundation. The organization reports zero officer compensation across all available filings, indicating a volunteer-led or very lean operational structure, which is a positive sign for efficiency. Its liabilities have consistently been very low, often just $1, suggesting strong financial control and minimal debt burden. The foundation's financial health, while showing a consistent draw on assets, is stable given its substantial asset base of $477,857. The consistent deficit spending, however, means its asset base has been declining over the long term, from over $1.2 million in 2011 to $441,185 in 2023. This is a common strategy for foundations with a finite lifespan or specific spending goals. Transparency is good, with consistent 990 filings available, and the absence of officer compensation enhances its perceived efficiency and dedication to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Henry & Rosa Segal Foundation Inc 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, Henry & Rosa Segal Foundation Inc 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:

$22KTotal Revenue
$54KTotal Expenses
$441KTotal Assets
$1Total Liabilities
$441KNet Assets
  • The organization reported a deficit of $32K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating a volunteer-led board or that all administrative functions are performed without direct compensation to officers, which is highly efficient for a foundation of this size.

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 Henry & Rosa Segal Foundation Inc's IRS 990 filings:

  • Consistent deficit spending, with expenses frequently exceeding revenue (e.g., $53,812 expenses vs. $21,562 revenue in 2023).
  • Long-term decline in assets, from $1,210,933 in 2011 to $441,185 in 2023, indicating a draw-down strategy.

Strengths

The following positive indicators were identified for Henry & Rosa Segal Foundation Inc:

  • Zero officer compensation reported across all filings, indicating high efficiency and dedication.
  • Very low liabilities, often $1, demonstrating strong financial management and minimal debt.
  • Consistent filing of IRS Form 990s, indicating good transparency.
  • Substantial asset base ($477,857) provides a buffer despite deficit spending.

Frequently Asked Questions about Henry & Rosa Segal Foundation Inc

Is Henry & Rosa Segal Foundation Inc a legitimate charity?

Henry & Rosa Segal Foundation Inc (EIN: 136163177) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $31K. 2 red flags identified. 4 strengths noted. Financial health grade: B.

How does Henry & Rosa Segal Foundation Inc spend its money?

Henry & Rosa Segal Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Henry & Rosa Segal Foundation Inc tax-deductible?

Henry & Rosa Segal Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136163177). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Henry & Rosa Segal Foundation Inc located?

Henry & Rosa Segal Foundation Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 136163177.

How many years of IRS 990 filings does Henry & Rosa Segal Foundation Inc have?

Henry & Rosa Segal 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 $31K in total revenue.

Is the Henry & Rosa Segal Foundation Inc. financially sustainable in the long term given its spending patterns?

The foundation has consistently spent more than its revenue, leading to a decline in assets from over $1.2 million in 2011 to $441,185 in 2023. While its current asset base is substantial, this trend suggests a finite operational horizon if current spending levels continue without significant new revenue sources.

What are the primary program areas supported by the foundation?

Based on the provided data, the NTEE code is unknown, and specific program details are not available. However, the high program spending ratio suggests a focus on direct charitable activities or grant-making.

How does the lack of officer compensation impact the foundation's operations?

The absence of officer compensation indicates a highly efficient operational model, likely relying on volunteer leadership. This minimizes administrative overhead and maximizes the proportion of funds available for programmatic activities.

Filing History

IRS 990 filing history for Henry & Rosa Segal Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Henry & Rosa Segal Foundation Inc's revenue has grown by 992.3%, moving from $2K to $22K. Total assets decreased by 63.6% over the same period, from $1.2M to $441K. Total functional expenses fell by 43.8%, from $96K to $54K. In its most recent filing year (2023), Henry & Rosa Segal Foundation Inc reported a deficit of $32K, with expenses exceeding revenue. The organization holds $1 in liabilities against $441K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $441K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $22K $54K $441K $1
2022 $23K $77K $473K $1 View 990
2021 $23K $39K $547K $1
2020 $22K $3K $544K $1
2019 $27K $469 $466K $1 View 990
2015 $35K $170K $447K $8K View 990
2014 $9K $309K $596K $24K View 990
2013 $52K $76K $873K $1 View 990
2012 $45K $359K $927K $29K View 990
2011 $2K $96K $1.2M $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $22K, expenses of $54K, and assets of $441K (revenue -6.9% year-over-year).
  • 2022: Revenue of $23K, expenses of $77K, and assets of $473K (revenue +1.4% year-over-year).
  • 2021: Revenue of $23K, expenses of $39K, and assets of $547K (revenue +6.2% year-over-year).
  • 2020: Revenue of $22K, expenses of $3K, and assets of $544K (revenue -19.8% year-over-year).
  • 2019: Revenue of $27K, expenses of $469, and assets of $466K (revenue -22.7% year-over-year).
  • 2015: Revenue of $35K, expenses of $170K, and assets of $447K (revenue +290.4% year-over-year).
  • 2014: Revenue of $9K, expenses of $309K, and assets of $596K (revenue -82.8% year-over-year).
  • 2013: Revenue of $52K, expenses of $76K, and assets of $873K (revenue +13.6% year-over-year).
  • 2012: Revenue of $45K, expenses of $359K, and assets of $927K (revenue +2199.1% year-over-year).
  • 2011: Revenue of $2K, expenses of $96K, and assets of $1.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Henry & Rosa Segal 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 Henry & Rosa Segal 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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