Howard And Jackie Shapiro Foundation
Howard And Jackie Shapiro Foundation consistently spends more than it earns, relying on its substantial asset base.
EIN: 134331684 · Chicago, IL · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.7M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $16 |
| Net Assets | $16.8M |
| Transparency Score | 85/100 |
Is Howard And Jackie Shapiro Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Howard And Jackie Shapiro Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Howard And Jackie Shapiro Foundation
Howard And Jackie Shapiro Foundation (EIN: 134331684) is a nonprofit organization based in Chicago, IL, classified under NTEE code T22. The organization reported total revenue of $11.7M and total assets of $17.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Howard And Jackie Shapiro Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Howard And Jackie Shapiro Foundation is a large nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $524K |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-535,561 |
| Total Assets | $16.8M |
| Total Liabilities | $76K |
| Net Assets | $16.8M |
| Operating Margin | -102.2% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 190.6 months |
Financial Health Grade: B
In 2023, Howard And Jackie Shapiro Foundation reported a deficit of $536K with expenses exceeding revenue, holds 190.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Howard And Jackie Shapiro Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.3% | -3.3% | -0.9% |
| 2022 | -56.4% | +12.1% | -8.6% |
| 2021 | +1038.3% | +15.4% | +10.1% |
| 2020 | -81.3% | +1.5% | -2.1% |
| 2019 | +212.8% | +46.2% | +37.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Howard And Jackie Shapiro 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, Howard And Jackie Shapiro 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 $536K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is unpaid, which is highly favorable for minimizing administrative costs relative to its asset size of over $16 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 Howard And Jackie Shapiro Foundation's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in multiple recent periods, such as 2023 ($1,059,512 expenses vs. $523,951 revenue) and 2020 ($845,976 expenses vs. $221,421 revenue).
Strengths
The following positive indicators were identified for Howard And Jackie Shapiro Foundation:
- Strong and growing asset base, reaching $16,829,534 in 2023, providing long-term financial stability.
- Consistently reports 0% officer compensation, indicating highly efficient use of funds for leadership.
- Extremely low liabilities across all reported periods (often $1), demonstrating excellent financial health and minimal debt.
- Long history of IRS 990 filings (10 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Howard And Jackie Shapiro Foundation
Is Howard And Jackie Shapiro Foundation a legitimate charity?
Howard And Jackie Shapiro Foundation (EIN: 134331684) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $11.7M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Howard And Jackie Shapiro Foundation spend its money?
Howard And Jackie Shapiro Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Howard And Jackie Shapiro Foundation tax-deductible?
Howard And Jackie Shapiro Foundation is registered as a tax-exempt nonprofit (EIN: 134331684). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Howard And Jackie Shapiro Foundation CEO make?
Howard And Jackie Shapiro Foundation's highest-compensated officer earns $16 annually. The organization reported $11.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Howard And Jackie Shapiro Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Howard And Jackie Shapiro Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Howard And Jackie Shapiro Foundation located?
Howard And Jackie Shapiro Foundation is headquartered in Chicago, Illinois and files with the IRS under EIN 134331684. It is classified under NTEE code T22.
How many years of IRS 990 filings does Howard And Jackie Shapiro Foundation have?
Howard And Jackie Shapiro 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 $11.7M in total revenue.
Is the Howard And Jackie Shapiro Foundation a good charity?
Based on the available data, the foundation appears to be a good charity, particularly due to its strong asset base, minimal liabilities, and 0% officer compensation, suggesting a high dedication of resources to its mission rather than administrative salaries. However, potential donors might want to understand the specific program activities and how the consistent deficit spending is managed long-term.
How does the foundation sustain its operations with consistent deficit spending?
The foundation sustains its operations by drawing from its substantial asset base, which was $16,829,534 in 2023. While expenses frequently exceed annual revenue, the large endowment allows it to continue its activities without immediate financial distress.
What is the trend in the foundation's assets?
The foundation's assets have shown significant growth over the long term, from $7,172,209 in 2011 to $16,829,534 in 2023, indicating effective asset management despite periods of negative net income.
Filing History
IRS 990 filing history for Howard And Jackie Shapiro Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Howard And Jackie Shapiro Foundation's revenue has declined by 74.2%, moving from $2.0M to $524K. Total assets increased by 134.6% over the same period, from $7.2M to $16.8M. Total functional expenses rose by 292.4%, from $270K to $1.1M. In its most recent filing year (2023), Howard And Jackie Shapiro Foundation reported a deficit of $536K, with expenses exceeding revenue. The organization holds $76K in liabilities against $16.8M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $16.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $524K | $1.1M | $16.8M | $76K | — | View 990 |
| 2022 | $1.1M | $1.1M | $17.0M | $1 | — | View 990 |
| 2021 | $2.5M | $977K | $18.6M | $1 | — | View 990 |
| 2020 | $221K | $846K | $16.9M | $1 | — | View 990 |
| 2019 | $1.2M | $834K | $17.2M | $1 | — | — |
| 2015 | $378K | $570K | $12.6M | $1 | — | View 990 |
| 2014 | $2.4M | $561K | $12.3M | $1 | — | View 990 |
| 2013 | $204K | $641K | $10.8M | $0 | — | View 990 |
| 2012 | $4.1M | $426K | $11.1M | $1 | — | View 990 |
| 2011 | $2.0M | $270K | $7.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $524K, expenses of $1.1M, and assets of $16.8M (revenue -52.3% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.1M, and assets of $17.0M (revenue -56.4% year-over-year).
- 2021: Revenue of $2.5M, expenses of $977K, and assets of $18.6M (revenue +1038.3% year-over-year).
- 2020: Revenue of $221K, expenses of $846K, and assets of $16.9M (revenue -81.3% year-over-year).
- 2019: Revenue of $1.2M, expenses of $834K, and assets of $17.2M (revenue +212.8% year-over-year).
- 2015: Revenue of $378K, expenses of $570K, and assets of $12.6M (revenue -84.3% year-over-year).
- 2014: Revenue of $2.4M, expenses of $561K, and assets of $12.3M (revenue +1083.9% year-over-year).
- 2013: Revenue of $204K, expenses of $641K, and assets of $10.8M (revenue -95.1% year-over-year).
- 2012: Revenue of $4.1M, expenses of $426K, and assets of $11.1M (revenue +103.8% year-over-year).
- 2011: Revenue of $2.0M, expenses of $270K, and assets of $7.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Howard And Jackie Shapiro Foundation:
Data Sources and Methodology
This transparency report for Howard And Jackie Shapiro 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.