Isidore Stern Foundation

Isidore Stern Foundation consistently spends more than it earns, drawing down assets over the last decade.

EIN: 136113256 · Ridgefield, CT · Updated: 2026-03-28

$649KRevenue
$1.1MAssets
75/100Mission Score (Good)
Isidore Stern Foundation Financial Summary
MetricValue
Total Revenue$649K
Total Expenses$118K
Program Spending90%
Net Assets$853K
Transparency Score75/100

Is Isidore Stern Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Isidore Stern Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Isidore Stern Foundation

Isidore Stern Foundation (EIN: 136113256) is a nonprofit organization based in Ridgefield, CT. The organization reported total revenue of $649K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Isidore Stern Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

77Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Isidore Stern Foundation is a small nonprofit that has been operating for 77 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$73K
Total Expenses$118K
Surplus / Deficit$-45,746
Total Assets$853K
Total Liabilities$1
Net Assets$853K
Operating Margin-63.1%
Debt-to-Asset Ratio0.0%
Months of Reserves86.6 months

Financial Health Grade: B

In 2023, Isidore Stern Foundation reported a deficit of $46K with expenses exceeding revenue, holds 86.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Isidore Stern Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-72.2%-58.6%-5.1%
2022-5.2%-11.5%-2.7%
2021+12.4%+14.2%-5.0%
2020+12.2%+1.2%-3.8%
2019+40.5%+93.1%-11.4%

IRS Tax-Exempt Classification

IRS Classification Codes1280
IRS Ruling Date1949

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Isidore Stern Foundation appears to be a private foundation, as indicated by its consistent revenue and expense patterns, and the absence of officer compensation. Its financial health shows a trend of declining assets over the past decade, from $1,136,148 in 2011 to $853,009 in 2023, suggesting that its expenses frequently exceed its revenue. For instance, in 2023, expenses were $118,265 against revenues of $72,519, resulting in a deficit. This pattern of spending down assets is common for private foundations fulfilling their philanthropic mission. Regarding spending efficiency, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess. However, the consistent lack of officer compensation is a positive indicator of efficient use of funds, as no portion of the budget is allocated to executive salaries. The foundation's liabilities have remained minimal, often $0 or $1, which points to sound financial management and a lack of significant debt. Transparency is generally good given the availability of 990 filings. The consistent reporting of assets, liabilities, revenue, and expenses allows for a clear overview of the foundation's financial activities. The absence of officer compensation also simplifies the analysis, as there are no complex executive pay structures to scrutinize. The primary area for further transparency would be a more detailed breakdown of expenses to understand the allocation between program services and administrative overhead.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Isidore Stern Foundation with a Mission Score of 75 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Isidore Stern 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:

$73KTotal Revenue
$118KTotal Expenses
$853KTotal Assets
$1Total Liabilities
$853KNet Assets
  • The organization reported a deficit of $46K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly efficient for an organization of its size.

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 Isidore Stern Foundation's IRS 990 filings:

  • Consistent net operating losses, with expenses frequently exceeding revenue (e.g., 2023: $118,265 expenses vs. $72,519 revenue).
  • Declining asset base over the past decade, from $1,136,148 in 2011 to $853,009 in 2023.

Strengths

The following positive indicators were identified for Isidore Stern Foundation:

  • Zero officer compensation, indicating highly efficient use of funds for leadership.
  • Minimal liabilities, consistently reported as $0 or $1, showing strong financial stability and no significant debt.
  • Consistent filing of IRS Form 990, demonstrating transparency in financial reporting.

Frequently Asked Questions about Isidore Stern Foundation

Is Isidore Stern Foundation a legitimate charity?

Isidore Stern Foundation (EIN: 136113256) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $649K. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Isidore Stern Foundation spend its money?

Isidore Stern Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Isidore Stern Foundation tax-deductible?

Isidore Stern Foundation is registered as a tax-exempt nonprofit (EIN: 136113256). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Isidore Stern Foundation located?

Isidore Stern Foundation is headquartered in Ridgefield, Connecticut and files with the IRS under EIN 136113256.

How many years of IRS 990 filings does Isidore Stern Foundation have?

Isidore Stern 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 $649K in total revenue.

What are the specific program activities funded by the Isidore Stern Foundation?

The provided data does not detail the specific program activities. Further investigation into the foundation's 990-PF filings (if applicable) or website would be needed to understand its philanthropic focus.

Why have the foundation's assets been declining over the past decade?

The foundation's assets have declined from $1,136,148 in 2011 to $853,009 in 2023 primarily because its expenses have frequently exceeded its revenue. This is a common operational model for private foundations that distribute grants from their endowment.

Does the foundation engage in any fundraising activities?

Based on the consistent revenue patterns and the nature of a private foundation, it is unlikely the organization engages in public fundraising. Its revenue likely comes from investment income or contributions from a limited number of sources, rather than broad public appeals.

Filing History

IRS 990 filing history for Isidore Stern Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Isidore Stern Foundation's revenue has declined by 59.4%, moving from $179K to $73K. Total assets decreased by 24.9% over the same period, from $1.1M to $853K. Total functional expenses rose by 88.7%, from $63K to $118K. In its most recent filing year (2023), Isidore Stern Foundation reported a deficit of $46K, with expenses exceeding revenue. The organization holds $1 in liabilities against $853K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $853K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $73K $118K $853K $1
2022 $260K $286K $899K $1 View 990
2021 $275K $323K $924K $1 View 990
2020 $244K $283K $972K $1 View 990
2019 $218K $279K $1.0M $1 View 990
2015 $155K $145K $1.1M $0 View 990
2014 $73K $144K $1.1M $0 View 990
2013 $95K $91K $1.2M $0 View 990
2012 $147K $86K $1.2M $0 View 990
2011 $179K $63K $1.1M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $73K, expenses of $118K, and assets of $853K (revenue -72.2% year-over-year).
  • 2022: Revenue of $260K, expenses of $286K, and assets of $899K (revenue -5.2% year-over-year).
  • 2021: Revenue of $275K, expenses of $323K, and assets of $924K (revenue +12.4% year-over-year).
  • 2020: Revenue of $244K, expenses of $283K, and assets of $972K (revenue +12.2% year-over-year).
  • 2019: Revenue of $218K, expenses of $279K, and assets of $1.0M (revenue +40.5% year-over-year).
  • 2015: Revenue of $155K, expenses of $145K, and assets of $1.1M (revenue +113.4% year-over-year).
  • 2014: Revenue of $73K, expenses of $144K, and assets of $1.1M (revenue -23.7% year-over-year).
  • 2013: Revenue of $95K, expenses of $91K, and assets of $1.2M (revenue -35.4% year-over-year).
  • 2012: Revenue of $147K, expenses of $86K, and assets of $1.2M (revenue -17.5% year-over-year).
  • 2011: Revenue of $179K, expenses of $63K, and assets of $1.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Isidore Stern Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Isidore Stern 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.

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