Jed David Satow Family Foundation Inc
Jed David Satow Family Foundation shows highly volatile revenue but strong asset growth and zero executive compensation.
EIN: 134067343 · Charlottesville, VA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $823K |
| Total Expenses | $34K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $4.2M |
| Transparency Score | 90/100 |
Is Jed David Satow Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jed David Satow Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jed David Satow Family Foundation Inc
Jed David Satow Family Foundation Inc (EIN: 134067343) is a nonprofit organization based in Charlottesville, VA, classified under NTEE code T20. The organization reported total revenue of $823K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jed David Satow Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jed David Satow Family Foundation Inc is a small nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $34K |
| Surplus / Deficit | +$3.2M |
| Total Assets | $4.2M |
| Total Liabilities | $1 |
| Net Assets | $4.2M |
| Operating Margin | 99.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1481.7 months |
Financial Health Grade: A
In 2023, Jed David Satow Family Foundation Inc reported a surplus of $3.2M with revenue exceeding expenses, holds 1481.7 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), Jed David Satow Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -100.2% | +152.6% | -20.3% |
| 2021 | +166.9% | -38.5% | +143.1% |
| 2019 | -110.9% | -41.1% | -77.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Jed David Satow Family Foundation Inc with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Jed David Satow Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $3.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no officer salaries are paid, which is highly favorable for a nonprofit of its size with assets exceeding $3 million.
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 Jed David Satow Family Foundation Inc's IRS 990 filings:
- Highly volatile revenue streams, including negative revenue in some years, indicating potential funding instability or reliance on unpredictable sources.
- Extremely low expenses in 2023 relative to revenue, which could suggest significant accumulation of funds rather than active program spending in that specific year.
Strengths
The following positive indicators were identified for Jed David Satow Family Foundation Inc:
- Consistent 0% officer compensation, demonstrating a strong commitment to directing funds to the mission.
- Significant asset growth, particularly in 2023, indicating a strong financial reserve.
- Low liabilities across most periods, suggesting good financial management and minimal debt.
Frequently Asked Questions about Jed David Satow Family Foundation Inc
Is Jed David Satow Family Foundation Inc a legitimate charity?
Jed David Satow Family Foundation Inc (EIN: 134067343) is a registered tax-exempt nonprofit based in Virginia. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $823K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Jed David Satow Family Foundation Inc spend its money?
Jed David Satow Family Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Jed David Satow Family Foundation Inc tax-deductible?
Jed David Satow Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134067343). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Jed David Satow Family Foundation Inc CEO make?
Jed David Satow Family Foundation Inc's highest-compensated officer earns $3 annually. The organization reported $823K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Jed David Satow Family Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Jed David Satow Family Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jed David Satow Family Foundation Inc located?
Jed David Satow Family Foundation Inc is headquartered in Charlottesville, Virginia and files with the IRS under EIN 134067343. It is classified under NTEE code T20.
How many years of IRS 990 filings does Jed David Satow Family Foundation Inc have?
Jed David Satow Family Foundation Inc 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 $823K in total revenue.
What caused the significant revenue fluctuations, particularly the negative revenues in 2022 and 2019?
The IRS 990 data shows negative revenue figures in certain years (e.g., $-1,475 in 2022, $-5,197 in 2019). This could be due to investment losses, returns of grants, or accounting adjustments, which would require reviewing the detailed financial statements to understand fully.
How does the organization manage its program spending given the highly variable annual expenses?
The expenses vary significantly year-to-year (e.g., $33,645 in 2023 vs. $240,653 in 2022). This suggests either highly flexible program delivery or a focus on specific, intermittent projects, which would need further clarification from the organization's program reports.
What is the primary source of the substantial revenue increase in 2023 to over $3.2 million?
The 2023 revenue of $3,238,974 is a significant outlier compared to previous years. This could be due to a major donation, a successful investment year, or a large grant, which would impact the sustainability outlook.
Given the low expenses in 2023, how were the funds utilized or allocated?
With $3,238,974 in revenue and only $33,645 in expenses in 2023, a large portion of funds was likely retained, contributing to the substantial asset growth to $4,154,239. Understanding the specific allocation of these retained funds (e.g., endowment, future projects) is key.
Filing History
IRS 990 filing history for Jed David Satow Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Jed David Satow Family Foundation Inc's revenue has grown by 624.1%, moving from $447K to $3.2M. Total assets increased by 228.9% over the same period, from $1.3M to $4.2M. Total functional expenses fell by 90.6%, from $357K to $34K. In its most recent filing year (2023), Jed David Satow Family Foundation Inc reported a surplus of $3.2M, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.2M | $34K | $4.2M | $1 | — | — |
| 2022 | $-1,475 | $241K | $949K | $1 | — | View 990 |
| 2021 | $796K | $95K | $1.2M | $1 | — | — |
| 2020 | $298K | $155K | $490K | $1 | — | — |
| 2019 | $-5,197 | $225K | $347K | $1 | — | View 990 |
| 2015 | $48K | $381K | $1.5M | $95 | — | View 990 |
| 2014 | $1.7M | $513K | $1.9M | $95 | — | View 990 |
| 2013 | $6K | $292K | $640K | $1K | — | View 990 |
| 2012 | $153K | $491K | $925K | $95 | — | View 990 |
| 2011 | $447K | $357K | $1.3M | $95 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.2M, expenses of $34K, and assets of $4.2M.
- 2022: Revenue of $-1,475, expenses of $241K, and assets of $949K (revenue -100.2% year-over-year).
- 2021: Revenue of $796K, expenses of $95K, and assets of $1.2M (revenue +166.9% year-over-year).
- 2020: Revenue of $298K, expenses of $155K, and assets of $490K.
- 2019: Revenue of $-5,197, expenses of $225K, and assets of $347K (revenue -110.9% year-over-year).
- 2015: Revenue of $48K, expenses of $381K, and assets of $1.5M (revenue -97.3% year-over-year).
- 2014: Revenue of $1.7M, expenses of $513K, and assets of $1.9M (revenue +27558.7% year-over-year).
- 2013: Revenue of $6K, expenses of $292K, and assets of $640K (revenue -95.9% year-over-year).
- 2012: Revenue of $153K, expenses of $491K, and assets of $925K (revenue -65.7% year-over-year).
- 2011: Revenue of $447K, expenses of $357K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jed David Satow Family Foundation Inc:
Data Sources and Methodology
This transparency report for Jed David Satow Family 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.