John & Christine Fitzgibbons Foundation
John & Christine Fitzgibbons Foundation shows declining assets and inconsistent revenue, with expenses exceeding revenue in its most recent filing.
EIN: 137548509 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $229K |
| Program Spending | 80% |
| Net Assets | $11K |
| Transparency Score | 65/100 |
Is John & Christine Fitzgibbons Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
John & Christine Fitzgibbons Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About John & Christine Fitzgibbons Foundation
John & Christine Fitzgibbons Foundation (EIN: 137548509) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $1.9M and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of John & Christine Fitzgibbons Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
John & Christine Fitzgibbons Foundation is a mid-size nonprofit that has been operating for 17 years, with 8 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -12.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86K |
| Total Expenses | $229K |
| Surplus / Deficit | $-143,013 |
| Total Assets | $36K |
| Total Liabilities | $25K |
| Net Assets | $11K |
| Operating Margin | -167.1% |
| Debt-to-Asset Ratio | 69.4% |
| Months of Reserves | 1.9 months |
Financial Health Grade: D
In 2023, John & Christine Fitzgibbons Foundation reported a deficit of $143K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited), has a debt-to-asset ratio of 69.4% (high leverage).
Financial Trends
Over 8 years of filings (2012–2023), John & Christine Fitzgibbons Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -90.4% | -69.2% | -79.9% |
| 2020 | -134.1% | +4.0% | -50.5% |
| 2019 | -83.0% | +1.1% | -64.5% |
| 2015 | -88.9% | +3.8% | -6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 John & Christine Fitzgibbons Foundation with a Mission Score of 65 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, John & Christine Fitzgibbons Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $143K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors are compensated directly by the foundation, which is a positive sign for resource allocation.
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 John & Christine Fitzgibbons Foundation's IRS 990 filings:
- Significant and consistent decline in assets over time, from $3.5M to $28K.
- Expenses exceeding revenue in multiple periods (e.g., 202306, 202006, 201906), indicating operational deficits.
- Negative revenue reported in 202006, which is unusual and warrants further scrutiny.
Strengths
The following positive indicators were identified for John & Christine Fitzgibbons Foundation:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Long filing history (8 filings), suggesting sustained operation.
Frequently Asked Questions about John & Christine Fitzgibbons Foundation
Is John & Christine Fitzgibbons Foundation a legitimate charity?
John & Christine Fitzgibbons Foundation (EIN: 137548509) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 8 years of IRS 990 filings on record. Total revenue: $1.9M. 3 red flags identified. 2 strengths noted. Financial health grade: D.
How does John & Christine Fitzgibbons Foundation spend its money?
John & Christine Fitzgibbons Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to John & Christine Fitzgibbons Foundation tax-deductible?
John & Christine Fitzgibbons Foundation is registered as a tax-exempt nonprofit (EIN: 137548509). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of John & Christine Fitzgibbons Foundation's spending goes to programs?
John & Christine Fitzgibbons Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does John & Christine Fitzgibbons Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), John & Christine Fitzgibbons Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is John & Christine Fitzgibbons Foundation located?
John & Christine Fitzgibbons Foundation is headquartered in New York, New York and files with the IRS under EIN 137548509. It is classified under NTEE code T22.
How many years of IRS 990 filings does John & Christine Fitzgibbons Foundation have?
John & Christine Fitzgibbons Foundation has 8 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 $1.9M in total revenue.
Why have the foundation's assets declined so significantly from $3,560,200 in 2014 to $28,860 currently?
The provided data shows a consistent downward trend in assets, suggesting significant distributions or losses over the years. Further investigation into their grantmaking activities or investment performance would be needed to understand the specific reasons.
What caused the negative revenue of $-14,577 in the 202006 period?
Negative revenue often indicates a return of contributions or significant investment losses that exceeded any incoming funds. The specific details would be in the full IRS Form 990 for that period.
How does the foundation cover its expenses when revenue is lower, as seen in the 202306 period ($85,580 revenue vs. $228,593 expenses)?
When expenses exceed revenue, organizations typically draw from their existing assets or reserves. The declining asset base suggests this has been a common practice for the foundation.
Filing History
IRS 990 filing history for John & Christine Fitzgibbons Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2023), John & Christine Fitzgibbons Foundation's revenue has declined by 76%, moving from $357K to $86K. Total assets decreased by 97.7% over the same period, from $1.6M to $36K. Total functional expenses rose by 213.6%, from $73K to $229K. In its most recent filing year (2023), John & Christine Fitzgibbons Foundation reported a deficit of $143K, with expenses exceeding revenue. The organization holds $25K in liabilities against $36K in assets (debt-to-asset ratio: 69.4%), resulting in net assets of $11K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86K | $229K | $36K | $25K | — | — |
| 2022 | $895K | $743K | $179K | $25K | — | View 990 |
| 2020 | $-14,577 | $498K | $586K | $1 | — | — |
| 2019 | $43K | $479K | $1.2M | $85K | — | View 990 |
| 2015 | $252K | $473K | $3.3M | $1 | — | View 990 |
| 2014 | $2.3M | $456K | $3.6M | $1 | — | View 990 |
| 2013 | $610K | $405K | $1.9M | $175K | — | View 990 |
| 2012 | $357K | $73K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86K, expenses of $229K, and assets of $36K (revenue -90.4% year-over-year).
- 2022: Revenue of $895K, expenses of $743K, and assets of $179K.
- 2020: Revenue of $-14,577, expenses of $498K, and assets of $586K (revenue -134.1% year-over-year).
- 2019: Revenue of $43K, expenses of $479K, and assets of $1.2M (revenue -83.0% year-over-year).
- 2015: Revenue of $252K, expenses of $473K, and assets of $3.3M (revenue -88.9% year-over-year).
- 2014: Revenue of $2.3M, expenses of $456K, and assets of $3.6M (revenue +271.3% year-over-year).
- 2013: Revenue of $610K, expenses of $405K, and assets of $1.9M (revenue +71.1% year-over-year).
- 2012: Revenue of $357K, expenses of $73K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for John & Christine Fitzgibbons Foundation:
Data Sources and Methodology
This transparency report for John & Christine Fitzgibbons 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.