Jacob & Valeria Langeloth Foundation
Jacob & Valeria Langeloth Foundation experiences consistent deficit spending, with assets declining by over 50% since 2019.
EIN: 131773646 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $39.2M |
| Total Expenses | $12.0M |
| Program Spending | 90% |
| Net Assets | $47.4M |
| Transparency Score | 85/100 |
Is Jacob & Valeria Langeloth Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jacob & Valeria Langeloth Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jacob & Valeria Langeloth Foundation
Jacob & Valeria Langeloth Foundation (EIN: 131773646) is a nonprofit organization based in New York, NY. The organization reported total revenue of $39.2M and total assets of $39.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacob & Valeria Langeloth Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacob & Valeria Langeloth Foundation is a large nonprofit that has been operating for 51 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.2M |
| Total Expenses | $12.0M |
| Surplus / Deficit | $-4,721,201 |
| Total Assets | $47.4M |
| Total Liabilities | $26K |
| Net Assets | $47.4M |
| Operating Margin | -65.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 47.5 months |
Financial Health Grade: B
In 2023, Jacob & Valeria Langeloth Foundation reported a deficit of $4.7M with expenses exceeding revenue, holds 47.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Jacob & Valeria Langeloth Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.4% | +19.6% | -10.5% |
| 2022 | -76.7% | -46.7% | -28.5% |
| 2021 | +97.7% | -37.0% | -7.6% |
| 2020 | -4.0% | +215.2% | -18.4% |
| 2019 | -40.0% | +11.3% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1975 |
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 & Valeria Langeloth Foundation with a Mission Score of 85 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 & Valeria Langeloth 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 deficit of $4.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this asset size and suggests a strong commitment to directing funds towards its mission.
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 Jacob & Valeria Langeloth Foundation's IRS 990 filings:
- Consistent deficit spending, with expenses exceeding revenue in 8 out of 11 reported periods.
- Significant decline in assets, from $98,143,501 in 2019 to $47,384,851 in 2023, representing over a 50% reduction.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes spending efficiency difficult to fully assess.
Strengths
The following positive indicators were identified for Jacob & Valeria Langeloth Foundation:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to the mission rather than executive pay.
- Substantial asset base, even after recent declines, providing a strong financial foundation for grant-making activities.
- Long history of IRS 990 filings (11 filings), indicating consistent compliance and transparency in reporting.
Frequently Asked Questions about Jacob & Valeria Langeloth Foundation
Is Jacob & Valeria Langeloth Foundation a legitimate charity?
Jacob & Valeria Langeloth Foundation (EIN: 131773646) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $39.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Jacob & Valeria Langeloth Foundation spend its money?
Jacob & Valeria Langeloth Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jacob & Valeria Langeloth Foundation tax-deductible?
Jacob & Valeria Langeloth Foundation is registered as a tax-exempt nonprofit (EIN: 131773646). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Jacob & Valeria Langeloth Foundation located?
Jacob & Valeria Langeloth Foundation is headquartered in New York, New York and files with the IRS under EIN 131773646.
How many years of IRS 990 filings does Jacob & Valeria Langeloth Foundation have?
Jacob & Valeria Langeloth Foundation 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 $39.2M in total revenue.
What is the foundation's long-term strategy for asset management given the consistent decline?
The foundation's assets have decreased from $98,143,501 in 2019 to $47,384,851 in 2023. This significant reduction, coupled with consistent deficit spending (expenses exceeding revenue in most years), suggests a strategy of spending down its endowment, but the long-term sustainability of this approach warrants further inquiry.
How does the foundation sustain its operations with 0% officer compensation?
The consistent reporting of 0% officer compensation is highly unusual for an organization with assets in the tens of millions. This could indicate a volunteer board, pro bono services, or that compensation is reported under other expense categories, which would require further clarification for full transparency.
What are the specific program areas the foundation supports?
Without the NTEE code or detailed program expense breakdowns, the specific program areas supported by the Jacob & Valeria Langeloth Foundation cannot be determined from the provided data. This information is crucial for understanding its mission impact.
Filing History
IRS 990 filing history for Jacob & Valeria Langeloth Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Jacob & Valeria Langeloth Foundation's revenue has declined by 9.1%, moving from $8.0M to $7.2M. Total assets decreased by 39.5% over the same period, from $78.3M to $47.4M. Total functional expenses rose by 122.9%, from $5.4M to $12.0M. In its most recent filing year (2023), Jacob & Valeria Langeloth Foundation reported a deficit of $4.7M, with expenses exceeding revenue. The organization holds $26K in liabilities against $47.4M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $47.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.2M | $12.0M | $47.4M | $26K | — | View 990 |
| 2022 | $3.8M | $10.0M | $52.9M | $1 | — | View 990 |
| 2021 | $16.2M | $18.8M | $74.0M | $1 | — | View 990 |
| 2020 | $8.2M | $29.8M | $80.1M | $1 | — | View 990 |
| 2019 | $8.6M | $9.5M | $98.1M | $1 | — | — |
| 2018 | $14.3M | $8.5M | $88.2M | $0 | — | View 990 |
| 2015 | $10.5M | $6.3M | $94.6M | $0 | — | View 990 |
| 2014 | $5.2M | $6.1M | $99.2M | $0 | — | View 990 |
| 2013 | $5.5M | $5.8M | $97.3M | $2.4M | — | View 990 |
| 2012 | $3.4M | $5.3M | $82.7M | $0 | — | View 990 |
| 2011 | $8.0M | $5.4M | $78.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.2M, expenses of $12.0M, and assets of $47.4M (revenue +91.4% year-over-year).
- 2022: Revenue of $3.8M, expenses of $10.0M, and assets of $52.9M (revenue -76.7% year-over-year).
- 2021: Revenue of $16.2M, expenses of $18.8M, and assets of $74.0M (revenue +97.7% year-over-year).
- 2020: Revenue of $8.2M, expenses of $29.8M, and assets of $80.1M (revenue -4.0% year-over-year).
- 2019: Revenue of $8.6M, expenses of $9.5M, and assets of $98.1M (revenue -40.0% year-over-year).
- 2018: Revenue of $14.3M, expenses of $8.5M, and assets of $88.2M (revenue +35.5% year-over-year).
- 2015: Revenue of $10.5M, expenses of $6.3M, and assets of $94.6M (revenue +103.6% year-over-year).
- 2014: Revenue of $5.2M, expenses of $6.1M, and assets of $99.2M (revenue -6.2% year-over-year).
- 2013: Revenue of $5.5M, expenses of $5.8M, and assets of $97.3M (revenue +60.8% year-over-year).
- 2012: Revenue of $3.4M, expenses of $5.3M, and assets of $82.7M (revenue -57.1% year-over-year).
- 2011: Revenue of $8.0M, expenses of $5.4M, and assets of $78.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jacob & Valeria Langeloth Foundation:
Data Sources and Methodology
This transparency report for Jacob & Valeria Langeloth 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.