Irving And Bernice Singer Family Foundation
Irving And Bernice Singer Family Foundation's assets plummeted by over 94% in the latest fiscal year.
EIN: 20449779 · Manchester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $896K |
| Total Expenses | $857K |
| Program Spending | 95% |
| Net Assets | $47K |
| Transparency Score | 70/100 |
Is Irving And Bernice Singer Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Irving And Bernice Singer Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Irving And Bernice Singer Family Foundation
Irving And Bernice Singer Family Foundation (EIN: 20449779) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $896K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Irving And Bernice Singer Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Irving And Bernice Singer Family Foundation is a small nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -149.3% | +736.5% | -95.0% |
| 2022 | -18.1% | -12.0% | -3.8% |
| 2021 | -39.1% | +8.8% | -3.6% |
| 2020 | -20.6% | -18.2% | +2.6% |
| 2019 | +133.7% | +4.0% | -9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Irving And Bernice Singer Family Foundation with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Irving And Bernice Singer Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is common for smaller private foundations or those run by volunteers.
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 Irving And Bernice Singer Family Foundation's IRS 990 filings:
- Significant negative revenue in the latest filing ($-32,487 in 202312).
- Over 94% reduction in assets in the latest fiscal year (from $936,563 to $46,999).
- Expenses ($857,077 in 202312) far exceeded revenue, leading to a substantial draw on assets.
Strengths
The following positive indicators were identified for Irving And Bernice Singer Family Foundation:
- Consistent history of IRS 990 filings, indicating transparency.
- 0% officer compensation reported across all filings, suggesting efficient use of funds for mission-related activities.
- Historically maintained a stable asset base for over a decade prior to the 2023 fiscal year.
Frequently Asked Questions about Irving And Bernice Singer Family Foundation
Is Irving And Bernice Singer Family Foundation a legitimate charity?
Irving And Bernice Singer Family Foundation (EIN: 20449779) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $896K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Irving And Bernice Singer Family Foundation spend its money?
Irving And Bernice Singer Family Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Irving And Bernice Singer Family Foundation tax-deductible?
Irving And Bernice Singer Family Foundation is registered as a tax-exempt nonprofit (EIN: 20449779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Irving And Bernice Singer Family Foundation located?
Irving And Bernice Singer Family Foundation is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20449779.
How many years of IRS 990 filings does Irving And Bernice Singer Family Foundation have?
Irving And Bernice Singer Family 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 $896K in total revenue.
What caused the significant negative revenue and asset reduction in the 202312 period?
The 202312 filing shows negative revenue of $-32,487 and expenses of $857,077, resulting in assets dropping from $936,563 to $46,999. This could indicate a large grant distribution, a significant investment loss, or a planned spend-down of the foundation's principal.
Is the foundation planning to cease operations given the drastic reduction in assets?
The substantial decrease in assets to $46,999 suggests a potential winding down of operations or a significant shift in its financial strategy. Further information beyond the 990 filings would be needed to confirm future plans.
How does the foundation manage its administrative costs without officer compensation?
With 0% officer compensation, administrative costs are likely minimal and could be covered by volunteer efforts, outsourced services, or included within other expense categories, which is efficient for a grantmaking foundation.
Filing History
IRS 990 filing history for Irving And Bernice Singer Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Irving And Bernice Singer Family Foundation's revenue has declined by 163%, moving from $52K to $-32,487. Total assets decreased by 96.2% over the same period, from $1.2M to $47K. Total functional expenses rose by 891.5%, from $86K to $857K. The organization holds $1 in liabilities against $47K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $47K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-32,487 | $857K | $47K | $1 | — | — |
| 2022 | $66K | $102K | $937K | $1 | — | View 990 |
| 2021 | $80K | $116K | $973K | $1 | — | View 990 |
| 2020 | $132K | $107K | $1.0M | $1 | — | — |
| 2019 | $166K | $131K | $984K | $1 | — | — |
| 2015 | $71K | $126K | $1.1M | $1 | — | View 990 |
| 2014 | $104K | $115K | $1.1M | $1 | — | View 990 |
| 2013 | $80K | $127K | $1.2M | $1 | — | View 990 |
| 2012 | $57K | $83K | $1.2M | $1 | — | View 990 |
| 2011 | $52K | $86K | $1.2M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-32,487, expenses of $857K, and assets of $47K (revenue -149.3% year-over-year).
- 2022: Revenue of $66K, expenses of $102K, and assets of $937K (revenue -18.1% year-over-year).
- 2021: Revenue of $80K, expenses of $116K, and assets of $973K (revenue -39.1% year-over-year).
- 2020: Revenue of $132K, expenses of $107K, and assets of $1.0M (revenue -20.6% year-over-year).
- 2019: Revenue of $166K, expenses of $131K, and assets of $984K (revenue +133.7% year-over-year).
- 2015: Revenue of $71K, expenses of $126K, and assets of $1.1M (revenue -31.3% year-over-year).
- 2014: Revenue of $104K, expenses of $115K, and assets of $1.1M (revenue +30.2% year-over-year).
- 2013: Revenue of $80K, expenses of $127K, and assets of $1.2M (revenue +39.3% year-over-year).
- 2012: Revenue of $57K, expenses of $83K, and assets of $1.2M (revenue +10.9% year-over-year).
- 2011: Revenue of $52K, expenses of $86K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Irving And Bernice Singer Family Foundation:
Data Sources and Methodology
This transparency report for Irving And Bernice Singer Family 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.