Jacob L Reiss Foundation
Jacob L Reiss Foundation maintains strong asset growth and zero officer compensation over a decade.
EIN: 136064123 · Pittsburgh, PA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $363K |
| Program Spending | 90% |
| Net Assets | $5.2M |
| Transparency Score | 95/100 |
Is Jacob L Reiss Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jacob L Reiss Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jacob L Reiss Foundation
Jacob L Reiss Foundation (EIN: 136064123) is a nonprofit organization based in Pittsburgh, PA. The organization reported total revenue of $2.7M and total assets of $5.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacob L Reiss Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacob L Reiss Foundation is a mid-size nonprofit that has been operating for 71 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $435K |
| Total Expenses | $363K |
| Surplus / Deficit | +$71K |
| Total Assets | $5.2M |
| Total Liabilities | $1 |
| Net Assets | $5.2M |
| Operating Margin | 16.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 173.2 months |
Financial Health Grade: A
In 2023, Jacob L Reiss Foundation reported a surplus of $71K with revenue exceeding expenses, holds 173.2 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), Jacob L Reiss Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.9% | -9.0% | +1.4% |
| 2022 | -66.7% | +17.7% | -3.1% |
| 2020 | -101.1% | +0.3% | -6.1% |
| 2019 | +115.2% | +8.5% | +31.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
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 Jacob L Reiss Foundation with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Jacob L Reiss 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:
- The organization reported a surplus of $71K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers. This suggests a highly volunteer-driven leadership or that officers are compensated through other means not reported as direct compensation, or that the foundation operates with minimal administrative salary 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.
Strengths
The following positive indicators were identified for Jacob L Reiss Foundation:
- Consistent asset growth from $3.9M in 2011 to $5.2M in 2023, indicating financial stability.
- Zero officer compensation reported across all filings, suggesting high efficiency and low administrative overhead.
- Minimal liabilities ($0 or $1) consistently reported, indicating strong financial health and management.
- Generally positive net income (revenue exceeding expenses) in most years, contributing to asset accumulation.
- Long filing history (10 filings) demonstrates consistent compliance and transparency.
Frequently Asked Questions about Jacob L Reiss Foundation
Is Jacob L Reiss Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jacob L Reiss Foundation (EIN: 136064123) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Jacob L Reiss Foundation spend its money?
Jacob L Reiss Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Jacob L Reiss Foundation tax-deductible?
Jacob L Reiss Foundation is registered as a tax-exempt nonprofit (EIN: 136064123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jacob L Reiss Foundation located?
Jacob L Reiss Foundation is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 136064123.
How many years of IRS 990 filings does Jacob L Reiss Foundation have?
Jacob L Reiss 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 $2.7M in total revenue.
What is the primary programmatic focus of the Jacob L Reiss Foundation?
Based on the provided financial data, the specific programmatic focus cannot be determined. The NTEE code is unknown, and the filings do not detail program activities, only financial aggregates.
How does the foundation manage to operate with 0% officer compensation?
Operating with 0% officer compensation suggests that the foundation's leadership is either entirely volunteer-based, compensated through an affiliated entity, or that the officers are not taking salaries from the foundation's reported expenses. This is a significant indicator of low administrative overhead.
What caused the negative revenue in 2020?
The provided data does not specify the cause of the negative revenue of $-3,640 in 2020. This could be due to investment losses, significant returns of grants, or accounting adjustments.
Filing History
IRS 990 filing history for Jacob L Reiss Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jacob L Reiss Foundation's revenue has grown by 29.2%, moving from $336K to $435K. Total assets increased by 31.6% over the same period, from $4.0M to $5.2M. Total functional expenses rose by 62.7%, from $223K to $363K. In its most recent filing year (2023), Jacob L Reiss Foundation reported a surplus of $71K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $435K | $363K | $5.2M | $1 | — | View 990 |
| 2022 | $236K | $399K | $5.2M | $1 | — | View 990 |
| 2021 | $709K | $339K | $5.3M | $1 | — | — |
| 2020 | $-3,640 | $318K | $5.0M | $1 | — | — |
| 2019 | $334K | $317K | $5.3M | $0 | — | View 990 |
| 2015 | $155K | $292K | $4.0M | $0 | — | View 990 |
| 2014 | $410K | $279K | $4.2M | $0 | — | View 990 |
| 2013 | $361K | $235K | $4.0M | $0 | — | View 990 |
| 2012 | $148K | $239K | $3.9M | $0 | — | View 990 |
| 2011 | $336K | $223K | $4.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $435K, expenses of $363K, and assets of $5.2M (revenue +83.9% year-over-year).
- 2022: Revenue of $236K, expenses of $399K, and assets of $5.2M (revenue -66.7% year-over-year).
- 2021: Revenue of $709K, expenses of $339K, and assets of $5.3M.
- 2020: Revenue of $-3,640, expenses of $318K, and assets of $5.0M (revenue -101.1% year-over-year).
- 2019: Revenue of $334K, expenses of $317K, and assets of $5.3M (revenue +115.2% year-over-year).
- 2015: Revenue of $155K, expenses of $292K, and assets of $4.0M (revenue -62.2% year-over-year).
- 2014: Revenue of $410K, expenses of $279K, and assets of $4.2M (revenue +13.8% year-over-year).
- 2013: Revenue of $361K, expenses of $235K, and assets of $4.0M (revenue +142.8% year-over-year).
- 2012: Revenue of $148K, expenses of $239K, and assets of $3.9M (revenue -55.9% year-over-year).
- 2011: Revenue of $336K, expenses of $223K, and assets of $4.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jacob L Reiss Foundation:
Data Sources and Methodology
This transparency report for Jacob L Reiss 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.