Lehman Foundation
Lehman Foundation consistently grows assets with minimal expenses and no reported officer compensation.
EIN: 208089328 · Newtown, PA · NTEE: T22 · Updated: 2026-03-28
Is Lehman Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lehman Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lehman Foundation
Lehman Foundation (EIN: 208089328) is a nonprofit organization based in Newtown, PA, classified under NTEE code T22. The organization reported total revenue of $1.5M and total assets of $5.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lehman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lehman Foundation with a Mission Score of 92 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: 90%
- fundraising: 5%
According to IRS 990 filings, Lehman Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The Lehman Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer channels, which is highly unusual for an organization of its asset size ($5,366,438 in 2023) and revenue ($1,219,475 in 2023).
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 Lehman Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency analysis difficult.
- Consistent 0% officer compensation for an organization of this size is unusual and might warrant further inquiry into how leadership is supported or if compensation is reported under other expense categories.
Strengths
The following positive indicators were identified for Lehman Foundation:
- Strong and consistent asset growth, from $470,586 in 2011 to $5,366,438 in 2023.
- Very low expense ratio relative to revenue, indicating efficient operations and significant reinvestment capacity.
- Consistent reporting of 0% officer compensation, suggesting a highly volunteer-driven or lean leadership cost structure.
- Minimal liabilities reported across all filings, indicating excellent financial health and low debt.
- Robust revenue generation in recent years, with $1,219,475 in 2023 and $1,966,779 in 2022.
Frequently Asked Questions about Lehman Foundation
Is Lehman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lehman Foundation (EIN: 208089328) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Lehman Foundation spend its money?
Lehman Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lehman Foundation tax-deductible?
Lehman Foundation is registered as a tax-exempt nonprofit (EIN: 208089328). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lehman Foundation a good charity?
Based on the provided data, Lehman Foundation appears to be a financially sound organization with strong asset growth and very low reported expenses relative to revenue. The consistent reporting of 0% officer compensation suggests a highly efficient and mission-focused approach to resource allocation.
How has Lehman Foundation's financial health changed over time?
The organization's financial health has significantly improved, with assets growing from $470,586 in 2011 to $5,366,438 in 2023. Revenue has also seen substantial increases, particularly in recent years, demonstrating robust financial growth and stability.
What is the organization's spending efficiency?
Spending efficiency is very high, as evidenced by the low expense-to-revenue ratio (e.g., $331,469 expenses vs. $1,219,475 revenue in 2023) and the consistent reporting of 0% officer compensation. This indicates that a large proportion of funds are retained or used for non-compensation related activities.
Does Lehman Foundation have any significant liabilities?
No, the Lehman Foundation consistently reports minimal liabilities, often $1 or $0 across its filing history, indicating a very healthy balance sheet and strong financial management.
Filing History
IRS 990 filing history for Lehman Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lehman Foundation's revenue has grown by 4038.6%, moving from $29K to $1.2M. Total assets increased by 1040.4% over the same period, from $471K to $5.4M. Total functional expenses rose by 1055.9%, from $29K to $331K. In its most recent filing year (2023), Lehman Foundation reported a surplus of $888K, with revenue exceeding expenses. The organization holds $5K in liabilities against $5.4M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $5.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $331K | $5.4M | $5K | — | — |
| 2022 | $2.0M | $249K | $4.5M | $1 | — | View 990 |
| 2021 | $149K | $186K | $2.8M | $1 | — | View 990 |
| 2020 | $1.3M | $142K | $2.8M | $1 | — | — |
| 2019 | $82K | $103K | $1.6M | $1 | — | View 990 |
| 2015 | $39K | $50K | $538K | $1 | — | View 990 |
| 2014 | $124K | $31K | $549K | $0 | — | View 990 |
| 2013 | $22K | $31K | $456K | $0 | — | View 990 |
| 2012 | $26K | $31K | $465K | $0 | — | View 990 |
| 2011 | $29K | $29K | $471K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $331K, and assets of $5.4M (revenue -38.0% year-over-year).
- 2022: Revenue of $2.0M, expenses of $249K, and assets of $4.5M (revenue +1222.5% year-over-year).
- 2021: Revenue of $149K, expenses of $186K, and assets of $2.8M (revenue -88.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $142K, and assets of $2.8M (revenue +1537.6% year-over-year).
- 2019: Revenue of $82K, expenses of $103K, and assets of $1.6M (revenue +108.8% year-over-year).
- 2015: Revenue of $39K, expenses of $50K, and assets of $538K (revenue -68.3% year-over-year).
- 2014: Revenue of $124K, expenses of $31K, and assets of $549K (revenue +474.0% year-over-year).
- 2013: Revenue of $22K, expenses of $31K, and assets of $456K (revenue -17.1% year-over-year).
- 2012: Revenue of $26K, expenses of $31K, and assets of $465K (revenue -11.7% year-over-year).
- 2011: Revenue of $29K, expenses of $29K, and assets of $471K.
Data Sources and Methodology
This transparency report for Lehman 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.