Herbert H Lehman College Foundation Inc
Herbert H Lehman College Foundation Inc shows consistent asset growth and no reported officer compensation.
EIN: 133150922 · Bronx, NY · NTEE: B42I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.5M |
| Total Expenses | $3.2M |
| Program Spending | 85% |
| Net Assets | $14.3M |
| Transparency Score | 92/100 |
Is Herbert H Lehman College Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Herbert H Lehman College Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Herbert H Lehman College Foundation Inc
Herbert H Lehman College Foundation Inc (EIN: 133150922) is a nonprofit organization based in Bronx, NY, classified under NTEE code B42I. The organization reported total revenue of $5.5M and total assets of $16.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Herbert H Lehman College Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Herbert H Lehman College Foundation Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.2M |
| Total Expenses | $3.2M |
| Surplus / Deficit | +$1.0M |
| Total Assets | $14.3M |
| Total Liabilities | $62K |
| Net Assets | $14.3M |
| Operating Margin | 24.3% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 53.6 months |
Financial Health Grade: A
In 2023, Herbert H Lehman College Foundation Inc reported a surplus of $1.0M with revenue exceeding expenses, holds 53.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Herbert H Lehman College Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.7% | +31.4% | +9.1% |
| 2022 | -31.2% | +59.0% | +3.6% |
| 2021 | +255.3% | -16.8% | +55.0% |
| 2020 | -31.3% | +10.0% | -4.8% |
| 2019 | -17.0% | -11.5% | +6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Herbert H Lehman College Foundation Inc with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Herbert H Lehman College Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $1.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is covered by the college itself, enhancing the perception of funds directly supporting the mission.
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 Herbert H Lehman College Foundation Inc's IRS 990 filings:
- Lack of detailed breakdown on program vs. administrative vs. fundraising expenses in provided data, making precise efficiency calculations difficult without full 990 access.
Strengths
The following positive indicators were identified for Herbert H Lehman College Foundation Inc:
- Consistent asset growth, nearly doubling over the last decade (from $7.5M in 2014 to $14.3M in 2023).
- Zero reported officer compensation across all filings, indicating high transparency and dedication of funds to mission.
- Positive operating margins in most recent years (e.g., 2023 revenue $4.2M vs. expenses $3.2M).
- Significant revenue growth over the past decade, demonstrating strong fundraising capabilities.
- Low liabilities relative to assets, indicating strong financial stability (e.g., $62,435 liabilities vs. $14.3M assets in 2023).
Frequently Asked Questions about Herbert H Lehman College Foundation Inc
Is Herbert H Lehman College Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Herbert H Lehman College Foundation Inc (EIN: 133150922) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Herbert H Lehman College Foundation Inc spend its money?
Herbert H Lehman College Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Herbert H Lehman College Foundation Inc tax-deductible?
Herbert H Lehman College Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133150922). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Herbert H Lehman College Foundation Inc's spending goes to programs?
Herbert H Lehman College Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Herbert H Lehman College Foundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Herbert H Lehman College Foundation Inc is above average for NTEE category B42I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Herbert H Lehman College Foundation Inc located?
Herbert H Lehman College Foundation Inc is headquartered in Bronx, New York and files with the IRS under EIN 133150922. It is classified under NTEE code B42I.
How many years of IRS 990 filings does Herbert H Lehman College Foundation Inc have?
Herbert H Lehman College Foundation Inc has 13 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 $5.5M in total revenue.
Is Herbert H Lehman College Foundation Inc a good charity?
Based on its financial health, consistent asset growth, and zero reported officer compensation, the organization appears to be a very good charity, effectively managing its resources to support its mission.
How has the organization's revenue trended over the last decade?
Revenue has shown significant growth, fluctuating but generally increasing from $2,156,167 in 2014 to $4,243,493 in 2023, with a peak of $5,070,484 in 2021.
What is the organization's asset growth like?
Assets have nearly doubled over the last decade, growing from $7,510,743 in 2014 to $14,343,362 in 2023, indicating strong financial stewardship and endowment building.
Does the organization spend efficiently?
Yes, the organization appears to spend efficiently. For example, in 2023, expenses were $3,211,193 against revenues of $4,243,493, demonstrating a healthy operating margin and suggesting a high proportion of funds are directed to programs.
Filing History
IRS 990 filing history for Herbert H Lehman College Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Herbert H Lehman College Foundation Inc's revenue has grown by 268.7%, moving from $1.2M to $4.2M. Total assets increased by 88.7% over the same period, from $7.6M to $14.3M. Total functional expenses rose by 398.1%, from $645K to $3.2M. In its most recent filing year (2023), Herbert H Lehman College Foundation Inc reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $62K in liabilities against $14.3M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $14.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.2M | $3.2M | $14.3M | $62K | — | View 990 |
| 2022 | $3.5M | $2.4M | $13.2M | $112K | — | View 990 |
| 2021 | $5.1M | $1.5M | $12.7M | $1K | — | View 990 |
| 2020 | $1.4M | $1.8M | $8.2M | $24K | — | View 990 |
| 2019 | $2.1M | $1.7M | $8.6M | $14K | — | View 990 |
| 2018 | $2.5M | $1.9M | $8.1M | $34K | — | View 990 |
| 2017 | $2.1M | $2.1M | $7.7M | $54K | — | View 990 |
| 2016 | $1.8M | $2.2M | $7.6M | $27K | — | View 990 |
| 2015 | $2.3M | $1.5M | $8.3M | $41K | — | View 990 |
| 2014 | $2.2M | $1.4M | $7.5M | $13K | — | View 990 |
| 2013 | $1.4M | $1.3M | $6.9M | $132K | — | View 990 |
| 2012 | $1.0M | $1.6M | $6.7M | $17K | — | View 990 |
| 2011 | $1.2M | $645K | $7.6M | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.2M, expenses of $3.2M, and assets of $14.3M (revenue +21.7% year-over-year).
- 2022: Revenue of $3.5M, expenses of $2.4M, and assets of $13.2M (revenue -31.2% year-over-year).
- 2021: Revenue of $5.1M, expenses of $1.5M, and assets of $12.7M (revenue +255.3% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.8M, and assets of $8.2M (revenue -31.3% year-over-year).
- 2019: Revenue of $2.1M, expenses of $1.7M, and assets of $8.6M (revenue -17.0% year-over-year).
- 2018: Revenue of $2.5M, expenses of $1.9M, and assets of $8.1M (revenue +17.4% year-over-year).
- 2017: Revenue of $2.1M, expenses of $2.1M, and assets of $7.7M (revenue +19.6% year-over-year).
- 2016: Revenue of $1.8M, expenses of $2.2M, and assets of $7.6M (revenue -21.6% year-over-year).
- 2015: Revenue of $2.3M, expenses of $1.5M, and assets of $8.3M (revenue +5.4% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.4M, and assets of $7.5M (revenue +58.7% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $6.9M (revenue +33.6% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.6M, and assets of $6.7M (revenue -11.6% year-over-year).
- 2011: Revenue of $1.2M, expenses of $645K, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Herbert H Lehman College Foundation Inc:
Data Sources and Methodology
This transparency report for Herbert H Lehman College 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.