Irving And Esther Raab Famillyfoundation Inc
Irving And Esther Raab Famillyfoundation Inc shows consistent asset growth and minimal liabilities with no reported officer compensation.
EIN: 203965703 · Cherry Hill, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $992K |
| Total Expenses | $75K |
| Program Spending | 90% |
| Net Assets | $936K |
| Transparency Score | 92/100 |
Is Irving And Esther Raab Famillyfoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Irving And Esther Raab Famillyfoundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Irving And Esther Raab Famillyfoundation Inc
Irving And Esther Raab Famillyfoundation Inc (EIN: 203965703) is a nonprofit organization based in Cherry Hill, NJ, classified under NTEE code T20. The organization reported total revenue of $992K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Irving And Esther Raab Famillyfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Irving And Esther Raab Famillyfoundation Inc is a small nonprofit that has been operating for 18 years, with 11 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $334K |
| Total Expenses | $75K |
| Surplus / Deficit | +$259K |
| Total Assets | $936K |
| Total Liabilities | $1 |
| Net Assets | $936K |
| Operating Margin | 77.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 150.2 months |
Financial Health Grade: A
In 2023, Irving And Esther Raab Famillyfoundation Inc reported a surplus of $259K with revenue exceeding expenses, holds 150.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.4% | +8.2% | +38.2% |
| 2022 | +223.5% | +22.9% | +48.9% |
| 2021 | +222.0% | +33.9% | +8.0% |
| 2020 | +117.2% | -7.0% | -3.2% |
| 2019 | -92.0% | +123.3% | -6.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Esther Raab Famillyfoundation 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Irving And Esther Raab Famillyfoundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 surplus of $259K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either uncompensated or compensated through means not categorized as officer compensation, which is common for family foundations and suggests a high degree of volunteerism or dedication to the mission without drawing salaries from the organization's funds.
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 Esther Raab Famillyfoundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency calculations difficult.
Strengths
The following positive indicators were identified for Irving And Esther Raab Famillyfoundation Inc:
- Consistent growth in assets, from $248,144 in 2012 to $936,479 in 2023.
- Minimal liabilities, consistently reported as $1 or $0 across all filings.
- No reported officer compensation, indicating high efficiency and dedication.
- Revenue consistently exceeds expenses, contributing to financial stability and asset growth.
- Long history of consistent IRS 990 filings, demonstrating transparency.
Frequently Asked Questions about Irving And Esther Raab Famillyfoundation Inc
Is Irving And Esther Raab Famillyfoundation Inc a legitimate charity?
Irving And Esther Raab Famillyfoundation Inc (EIN: 203965703) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 92/100. It has 11 years of IRS 990 filings on record. Total revenue: $992K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Irving And Esther Raab Famillyfoundation Inc spend its money?
Irving And Esther Raab Famillyfoundation Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Irving And Esther Raab Famillyfoundation Inc tax-deductible?
Irving And Esther Raab Famillyfoundation Inc is registered as a tax-exempt nonprofit (EIN: 203965703). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Irving And Esther Raab Famillyfoundation Inc's spending goes to programs?
Irving And Esther Raab Famillyfoundation Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Irving And Esther Raab Famillyfoundation Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Irving And Esther Raab Famillyfoundation Inc 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 Irving And Esther Raab Famillyfoundation Inc located?
Irving And Esther Raab Famillyfoundation Inc is headquartered in Cherry Hill, New Jersey and files with the IRS under EIN 203965703. It is classified under NTEE code T20.
How many years of IRS 990 filings does Irving And Esther Raab Famillyfoundation Inc have?
Irving And Esther Raab Famillyfoundation Inc 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 $992K in total revenue.
Is Irving And Esther Raab Famillyfoundation Inc financially stable?
Yes, the foundation appears financially stable, consistently reporting revenues significantly exceeding expenses (e.g., $333,549 revenue vs. $74,833 expenses in 2023) and demonstrating consistent growth in assets from $248,144 in 2012 to $936,479 in 2023.
How efficiently does the foundation use its funds?
The foundation appears highly efficient, with very low reported expenses relative to its revenue and assets, and no reported officer compensation. This suggests a high percentage of funds are either directly applied to its mission or retained for future program activities.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend, growing from $248,144 in 2012 to $936,479 in 2023, indicating successful financial management and accumulation of resources for its charitable purposes.
Filing History
IRS 990 filing history for Irving And Esther Raab Famillyfoundation Inc showing financial trends over 11 years of public records:
Total assets increased by 251.3% over the same period, from $267K to $936K. Total functional expenses rose by 313.1%, from $18K to $75K. In its most recent filing year (2023), Irving And Esther Raab Famillyfoundation Inc reported a surplus of $259K, with revenue exceeding expenses. The organization holds $1 in liabilities against $936K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $936K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $334K | $75K | $936K | $1 | — | View 990 |
| 2022 | $292K | $69K | $678K | $1 | — | View 990 |
| 2021 | $90K | $56K | $455K | $1 | — | View 990 |
| 2020 | $28K | $42K | $421K | $1 | — | — |
| 2019 | $13K | $45K | $436K | $0 | — | View 990 |
| 2018 | $161K | $20K | $468K | $0 | — | — |
| 2015 | $24K | $19K | $355K | $0 | — | View 990 |
| 2014 | $113K | $10K | $350K | $0 | — | View 990 |
| 2013 | $14K | $15K | $248K | $0 | — | View 990 |
| 2012 | $8K | $27K | $248K | $0 | — | View 990 |
| 2011 | $-26,527 | $18K | $267K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $334K, expenses of $75K, and assets of $936K (revenue +14.4% year-over-year).
- 2022: Revenue of $292K, expenses of $69K, and assets of $678K (revenue +223.5% year-over-year).
- 2021: Revenue of $90K, expenses of $56K, and assets of $455K (revenue +222.0% year-over-year).
- 2020: Revenue of $28K, expenses of $42K, and assets of $421K (revenue +117.2% year-over-year).
- 2019: Revenue of $13K, expenses of $45K, and assets of $436K (revenue -92.0% year-over-year).
- 2018: Revenue of $161K, expenses of $20K, and assets of $468K (revenue +575.2% year-over-year).
- 2015: Revenue of $24K, expenses of $19K, and assets of $355K (revenue -78.9% year-over-year).
- 2014: Revenue of $113K, expenses of $10K, and assets of $350K (revenue +693.4% year-over-year).
- 2013: Revenue of $14K, expenses of $15K, and assets of $248K (revenue +73.7% year-over-year).
- 2012: Revenue of $8K, expenses of $27K, and assets of $248K.
- 2011: Revenue of $-26,527, expenses of $18K, and assets of $267K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Irving And Esther Raab Famillyfoundation Inc:
Data Sources and Methodology
This transparency report for Irving And Esther Raab Famillyfoundation 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.