Joshua Mailman Foundation
Joshua Mailman Foundation maintains substantial assets while consistently distributing grants with zero executive compensation.
EIN: 205520413 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $913K |
| Program Spending | 95% |
| Net Assets | $12.5M |
| Transparency Score | 90/100 |
Is Joshua Mailman Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Joshua Mailman Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Joshua Mailman Foundation
Joshua Mailman Foundation (EIN: 205520413) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $2.1M and total assets of $12.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joshua Mailman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joshua Mailman Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $498K |
| Total Expenses | $913K |
| Surplus / Deficit | $-414,557 |
| Total Assets | $12.5M |
| Total Liabilities | $1 |
| Net Assets | $12.5M |
| Operating Margin | -83.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 163.9 months |
Financial Health Grade: B
In 2023, Joshua Mailman Foundation reported a deficit of $415K with expenses exceeding revenue, holds 163.9 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), Joshua Mailman Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.4% | -21.5% | -1.9% |
| 2022 | +57.1% | +17.5% | +38.4% |
| 2021 | +53.5% | +19.7% | +27.7% |
| 2020 | +281.4% | +6.4% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Joshua Mailman Foundation 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, Joshua Mailman Foundation 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 deficit of $415K, with expenses exceeding revenue.
- 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, which is highly efficient for an organization of its asset size.
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 Joshua Mailman Foundation's IRS 990 filings:
- Significant revenue volatility, including negative revenue in some years (e.g., -$882,692 in 2015 and -$1,075,998 in 2013), which could indicate reliance on investment returns that are not always positive.
Strengths
The following positive indicators were identified for Joshua Mailman Foundation:
- Consistent zero executive compensation across all filings, indicating high efficiency in leadership costs.
- Substantial asset base ($12,288,963) providing financial stability and capacity for sustained grantmaking.
- Very low liabilities ($1 in most recent filings), indicating a strong balance sheet.
- Consistent grant distributions (expenses between $700k-$1.2M annually) demonstrating active fulfillment of its mission as a grantmaking foundation.
Frequently Asked Questions about Joshua Mailman Foundation
Is Joshua Mailman Foundation a legitimate charity?
Joshua Mailman Foundation (EIN: 205520413) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.1M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Joshua Mailman Foundation spend its money?
Joshua Mailman Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Joshua Mailman Foundation tax-deductible?
Joshua Mailman Foundation is registered as a tax-exempt nonprofit (EIN: 205520413). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Joshua Mailman Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Joshua Mailman 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 Joshua Mailman Foundation located?
Joshua Mailman Foundation is headquartered in New York, New York and files with the IRS under EIN 205520413. It is classified under NTEE code T22.
How many years of IRS 990 filings does Joshua Mailman Foundation have?
Joshua Mailman 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 $2.1M in total revenue.
Is the Joshua Mailman Foundation a good charity?
Based on the available IRS 990 data, the Joshua Mailman Foundation appears to be a well-managed private foundation. It consistently distributes funds (expenses between $700k-$1.2M annually) from a significant asset base ($12M+), reports zero executive compensation, and maintains minimal liabilities. Its operational model as a grantmaking foundation means its 'efficiency' is measured by its grant distributions relative to its endowment management.
How does the foundation manage its assets given the fluctuating revenue?
The foundation manages its assets by operating as a private grantmaking foundation, meaning its primary purpose is to distribute funds from its endowment. The significant asset base of $12,288,963 allows it to sustain grant distributions even in years with negative or low revenue, as seen in 2015 and 2013. The revenue fluctuations likely reflect investment performance rather than operational fundraising.
What is the typical annual grant distribution amount?
Over the past decade, the foundation's annual expenses, which primarily represent grant distributions for a private foundation, have generally ranged between $744,858 (2014) and $1,162,920 (2022).
Filing History
IRS 990 filing history for Joshua Mailman Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Joshua Mailman Foundation's revenue has grown by 185.1%, moving from $175K to $498K. Total assets decreased by 11.8% over the same period, from $14.1M to $12.5M. Total functional expenses fell by 10.7%, from $1.0M to $913K. In its most recent filing year (2023), Joshua Mailman Foundation reported a deficit of $415K, with expenses exceeding revenue. The organization holds $1 in liabilities against $12.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $498K | $913K | $12.5M | $1 | — | View 990 |
| 2022 | $4.7M | $1.2M | $12.7M | $1 | — | View 990 |
| 2021 | $3.0M | $989K | $9.2M | $1 | — | View 990 |
| 2020 | $1.9M | $826K | $7.2M | $1 | — | View 990 |
| 2019 | $510K | $777K | $6.1M | $1 | — | View 990 |
| 2015 | $-882,692 | $875K | $10.8M | $1 | — | View 990 |
| 2014 | $1.4M | $745K | $12.6M | $1 | — | View 990 |
| 2013 | $-1,075,998 | $931K | $11.9M | $1 | — | View 990 |
| 2012 | $644K | $846K | $13.9M | $0 | — | View 990 |
| 2011 | $175K | $1.0M | $14.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $498K, expenses of $913K, and assets of $12.5M (revenue -89.4% year-over-year).
- 2022: Revenue of $4.7M, expenses of $1.2M, and assets of $12.7M (revenue +57.1% year-over-year).
- 2021: Revenue of $3.0M, expenses of $989K, and assets of $9.2M (revenue +53.5% year-over-year).
- 2020: Revenue of $1.9M, expenses of $826K, and assets of $7.2M (revenue +281.4% year-over-year).
- 2019: Revenue of $510K, expenses of $777K, and assets of $6.1M.
- 2015: Revenue of $-882,692, expenses of $875K, and assets of $10.8M (revenue -164.3% year-over-year).
- 2014: Revenue of $1.4M, expenses of $745K, and assets of $12.6M.
- 2013: Revenue of $-1,075,998, expenses of $931K, and assets of $11.9M (revenue -267.1% year-over-year).
- 2012: Revenue of $644K, expenses of $846K, and assets of $13.9M (revenue +268.5% year-over-year).
- 2011: Revenue of $175K, expenses of $1.0M, and assets of $14.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joshua Mailman Foundation:
Data Sources and Methodology
This transparency report for Joshua Mailman 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.