Jacob Herzka Charitable Trust Foundation
EIN: 912057543 · Lakewood, NJ · NTEE: T21
About Jacob Herzka Charitable Trust Foundation
Jacob Herzka Charitable Trust Foundation (EIN: 912057543) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code T21. The organization reported total revenue of $984K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacob Herzka Charitable Trust Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Jacob Herzka Charitable Trust Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jacob Herzka Charitable Trust Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Filing History
IRS 990 filing history for Jacob Herzka Charitable Trust Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jacob Herzka Charitable Trust Foundation's revenue has grown by 1979.5%, moving from $61K to $1.3M. Total assets increased by 193.1% over the same period, from $427K to $1.3M. Total functional expenses rose by 539.4%, from $94K to $602K. In its most recent filing year (2023), Jacob Herzka Charitable Trust Foundation reported a surplus of $658K, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $602K | $1.3M | $1 | — | View 990 |
| 2022 | $1 | $0 | $1 | $1 | — | View 990 |
| 2021 | $419K | $438K | $1.3M | $1 | — | View 990 |
| 2020 | $222K | $304K | $1.3M | $1 | — | View 990 |
| 2019 | $1.2M | $1.3M | $1.5M | $1 | — | View 990 |
| 2015 | $172K | $71K | $568K | $1 | — | View 990 |
| 2014 | $70K | $73K | $472K | $1 | — | View 990 |
| 2013 | $101K | $44K | $479K | $1 | — | View 990 |
| 2012 | $55K | $68K | $417K | $1 | — | View 990 |
| 2011 | $61K | $94K | $427K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $602K, and assets of $1.3M (revenue +126000000.0% year-over-year).
- 2022: Revenue of $1, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2021: Revenue of $419K, expenses of $438K, and assets of $1.3M (revenue +88.7% year-over-year).
- 2020: Revenue of $222K, expenses of $304K, and assets of $1.3M (revenue -81.5% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $1.5M (revenue +595.1% year-over-year).
- 2015: Revenue of $172K, expenses of $71K, and assets of $568K (revenue +146.4% year-over-year).
- 2014: Revenue of $70K, expenses of $73K, and assets of $472K (revenue -30.6% year-over-year).
- 2013: Revenue of $101K, expenses of $44K, and assets of $479K (revenue +81.6% year-over-year).
- 2012: Revenue of $55K, expenses of $68K, and assets of $417K (revenue -8.5% year-over-year).
- 2011: Revenue of $61K, expenses of $94K, and assets of $427K.
Data Sources and Methodology
This transparency report for Jacob Herzka Charitable Trust 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.