Isaac Ziering Foundation Inc
Isaac Ziering Foundation consistently operates with expenses exceeding revenue in recent years, drawing down on its $1 million asset base.
EIN: 133429634 · Greenwich, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $98K |
| Total Expenses | $68K |
| Program Spending | 70% |
| Net Assets | $981K |
| Transparency Score | 70/100 |
Is Isaac Ziering Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Isaac Ziering Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Isaac Ziering Foundation Inc
Isaac Ziering Foundation Inc (EIN: 133429634) is a nonprofit organization based in Greenwich, CT. The organization reported total revenue of $98K and total assets of $962K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Isaac Ziering Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Isaac Ziering Foundation Inc is a micro nonprofit that has been operating for 39 years, with 11 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -8.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $36K |
| Total Expenses | $68K |
| Surplus / Deficit | $-32,474 |
| Total Assets | $981K |
| Total Liabilities | $1 |
| Net Assets | $981K |
| Operating Margin | -90.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 172.1 months |
Financial Health Grade: B
In 2023, Isaac Ziering Foundation Inc reported a deficit of $32K with expenses exceeding revenue, holds 172.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2010–2023), Isaac Ziering Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.8% | +129.5% | -3.2% |
| 2022 | -41.7% | -73.5% | +0.3% |
| 2021 | +15.0% | +54.9% | -5.3% |
| 2020 | +8.6% | +13.6% | -2.2% |
| 2019 | -40.0% | +27.4% | +1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Isaac Ziering Foundation Inc 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Isaac Ziering Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is a positive for minimizing overhead.
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 Isaac Ziering Foundation Inc's IRS 990 filings:
- Consistent negative net income in recent years (e.g., 2023: -$32,474; 2021: -$56,709), indicating reliance on asset drawdowns.
- Declining asset base from a peak of $1,091,528 in 2019 to $980,779 in 2023, suggesting unsustainable spending relative to revenue.
Strengths
The following positive indicators were identified for Isaac Ziering Foundation Inc:
- Strong asset base, consistently around $1 million, providing financial stability.
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
- Very low liabilities ($1 across all periods), demonstrating sound financial management and no significant debt.
- Long history of IRS 990 filings (11 filings), indicating transparency and compliance.
Frequently Asked Questions about Isaac Ziering Foundation Inc
Is Isaac Ziering Foundation Inc a legitimate charity?
Isaac Ziering Foundation Inc (EIN: 133429634) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 70/100. It has 11 years of IRS 990 filings on record. Total revenue: $98K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Isaac Ziering Foundation Inc spend its money?
Isaac Ziering Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Isaac Ziering Foundation Inc tax-deductible?
Isaac Ziering Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133429634). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Isaac Ziering Foundation Inc's spending goes to programs?
Isaac Ziering Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Isaac Ziering Foundation Inc located?
Isaac Ziering Foundation Inc is headquartered in Greenwich, Connecticut and files with the IRS under EIN 133429634.
How many years of IRS 990 filings does Isaac Ziering Foundation Inc have?
Isaac Ziering Foundation 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 $98K in total revenue.
Is the Isaac Ziering Foundation Inc. financially sustainable given recent expense trends?
The foundation has consistently reported expenses exceeding revenue in recent years (e.g., $68,383 expenses vs. $35,909 revenue in 2023), leading to a gradual decrease in assets from a peak of $1,091,528 in 2019 to $980,779 in 2023. This trend, if continued, raises concerns about long-term financial sustainability without increased revenue or reduced expenses.
What is the primary source of the organization's revenue?
The provided data only shows total revenue figures, not the breakdown by source (e.g., donations, investment income). With assets consistently around $1 million, investment income could be a significant component, but this cannot be confirmed from the given information.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is likely run by volunteers, or that any compensation for leadership roles is structured in a way that does not fall under the 'officer compensation' category on the 990 form. This indicates a lean operational model.
Filing History
IRS 990 filing history for Isaac Ziering Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Isaac Ziering Foundation Inc's revenue has declined by 68.6%, moving from $114K to $36K. Total assets increased by 9.8% over the same period, from $893K to $981K. Total functional expenses rose by 121.1%, from $31K to $68K. In its most recent filing year (2023), Isaac Ziering Foundation Inc reported a deficit of $32K, with expenses exceeding revenue. The organization holds $1 in liabilities against $981K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $981K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $36K | $68K | $981K | $1 | — | — |
| 2022 | $32K | $30K | $1.0M | $1 | — | View 990 |
| 2021 | $56K | $112K | $1.0M | $1 | — | — |
| 2020 | $48K | $73K | $1.1M | $1 | — | — |
| 2019 | $45K | $64K | $1.1M | $1 | — | — |
| 2015 | $74K | $50K | $1.1M | $1 | — | View 990 |
| 2014 | $92K | $71K | $1.0M | $1 | — | View 990 |
| 2013 | $89K | $54K | $1.0M | $1 | — | View 990 |
| 2012 | $90K | $58K | $990K | $1 | — | View 990 |
| 2011 | $99K | $33K | $959K | $1 | — | View 990 |
| 2010 | $114K | $31K | $893K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $36K, expenses of $68K, and assets of $981K (revenue +10.8% year-over-year).
- 2022: Revenue of $32K, expenses of $30K, and assets of $1.0M (revenue -41.7% year-over-year).
- 2021: Revenue of $56K, expenses of $112K, and assets of $1.0M (revenue +15.0% year-over-year).
- 2020: Revenue of $48K, expenses of $73K, and assets of $1.1M (revenue +8.6% year-over-year).
- 2019: Revenue of $45K, expenses of $64K, and assets of $1.1M (revenue -40.0% year-over-year).
- 2015: Revenue of $74K, expenses of $50K, and assets of $1.1M (revenue -19.1% year-over-year).
- 2014: Revenue of $92K, expenses of $71K, and assets of $1.0M (revenue +3.1% year-over-year).
- 2013: Revenue of $89K, expenses of $54K, and assets of $1.0M (revenue -0.5% year-over-year).
- 2012: Revenue of $90K, expenses of $58K, and assets of $990K (revenue -9.3% year-over-year).
- 2011: Revenue of $99K, expenses of $33K, and assets of $959K (revenue -13.7% year-over-year).
- 2010: Revenue of $114K, expenses of $31K, and assets of $893K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Isaac Ziering Foundation Inc:
Data Sources and Methodology
This transparency report for Isaac Ziering 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.