Lipton Foundation Inc
Lipton Foundation maintains stable assets and zero executive compensation amidst fluctuating revenues and occasional spending exceeding income.
EIN: 136143274 · Westport, CT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $35K |
| Total Expenses | $21K |
| Program Spending | 80% |
| Net Assets | $810K |
| Transparency Score | 75/100 |
Is Lipton Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lipton Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lipton Foundation Inc
Lipton Foundation Inc (EIN: 136143274) is a nonprofit organization based in Westport, CT. The organization reported total revenue of $35K and total assets of $402K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lipton Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lipton Foundation Inc is a micro nonprofit that has been operating for 77 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $21K |
| Surplus / Deficit | $-3,676 |
| Total Assets | $810K |
| Total Liabilities | $1 |
| Net Assets | $810K |
| Operating Margin | -20.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 455.2 months |
Financial Health Grade: B
In 2023, Lipton Foundation Inc reported a deficit of $4K with expenses exceeding revenue, holds 455.2 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), Lipton Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.7% | -20.9% | -0.5% |
| 2022 | +7.3% | +404.4% | -1.5% |
| 2021 | -54.5% | -73.1% | +1.0% |
| 2020 | +78.1% | +4.0% | +1.2% |
| 2019 | -22.3% | +447.2% | +6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1949 |
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 Lipton Foundation Inc with a Mission Score of 75 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, Lipton Foundation Inc 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Lipton Foundation Inc. consistently reports 0% officer compensation across all ten years of available filings, indicating that no salaries or benefits are paid to its executives. This is a strong positive for a small foundation, demonstrating a commitment to directing all available funds towards its mission rather than administrative overhead.
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 Lipton Foundation Inc's IRS 990 filings:
- Expenses occasionally exceed revenue, potentially drawing down assets if not managed strategically.
- Lack of detailed expense breakdown in provided data limits full assessment of program efficiency.
Strengths
The following positive indicators were identified for Lipton Foundation Inc:
- Consistent zero executive compensation, indicating high efficiency and dedication to mission.
- Significant growth in assets over the past decade, demonstrating strong financial management.
- Minimal liabilities reported across all filings, indicating strong financial health and low debt.
- Stable revenue streams, albeit fluctuating, for a small foundation.
Frequently Asked Questions about Lipton Foundation Inc
Is Lipton Foundation Inc a legitimate charity?
Lipton Foundation Inc (EIN: 136143274) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $35K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Lipton Foundation Inc spend its money?
Lipton Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Lipton Foundation Inc tax-deductible?
Lipton Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136143274). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Lipton Foundation Inc's spending goes to programs?
Lipton Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Lipton Foundation Inc located?
Lipton Foundation Inc is headquartered in Westport, Connecticut and files with the IRS under EIN 136143274.
How many years of IRS 990 filings does Lipton Foundation Inc have?
Lipton 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 $35K in total revenue.
Is Lipton Foundation Inc. financially stable?
Yes, the Lipton Foundation Inc. appears financially stable. Its assets have nearly doubled from $411,220 in 2011 to $810,330 in 2023, and it consistently reports minimal liabilities ($0 or $1), indicating a strong balance sheet.
Does Lipton Foundation Inc. pay its officers?
No, the Lipton Foundation Inc. consistently reports 0% officer compensation in all available IRS 990 filings, meaning no salaries or benefits are paid to its executives.
How has the foundation's asset base changed over time?
The foundation's assets have shown significant growth, increasing from $411,220 in 2011 to $810,330 in 2023, demonstrating a positive trend in its financial holdings.
Does the foundation consistently spend more than it earns?
The foundation's expenses have exceeded its revenue in several years (e.g., 2023, 2022, 2019, 2011), suggesting it occasionally draws from its asset base or prior year surpluses to cover expenditures.
Filing History
IRS 990 filing history for Lipton Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lipton Foundation Inc's revenue has declined by 22.6%, moving from $23K to $18K. Total assets increased by 97.1% over the same period, from $411K to $810K. Total functional expenses fell by 32.6%, from $32K to $21K. In its most recent filing year (2023), Lipton Foundation Inc reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $810K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $810K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $21K | $810K | $1 | — | — |
| 2022 | $15K | $27K | $814K | $1 | — | View 990 |
| 2021 | $14K | $5K | $826K | $1 | — | — |
| 2020 | $30K | $20K | $818K | $1 | — | — |
| 2019 | $17K | $19K | $808K | $0 | — | View 990 |
| 2015 | $22K | $3K | $759K | $0 | — | View 990 |
| 2014 | $19K | $2K | $440K | $0 | — | View 990 |
| 2013 | $17K | $8K | $423K | $0 | — | View 990 |
| 2012 | $20K | $20K | $413K | $0 | — | View 990 |
| 2011 | $23K | $32K | $411K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $21K, and assets of $810K (revenue +21.7% year-over-year).
- 2022: Revenue of $15K, expenses of $27K, and assets of $814K (revenue +7.3% year-over-year).
- 2021: Revenue of $14K, expenses of $5K, and assets of $826K (revenue -54.5% year-over-year).
- 2020: Revenue of $30K, expenses of $20K, and assets of $818K (revenue +78.1% year-over-year).
- 2019: Revenue of $17K, expenses of $19K, and assets of $808K (revenue -22.3% year-over-year).
- 2015: Revenue of $22K, expenses of $3K, and assets of $759K (revenue +11.3% year-over-year).
- 2014: Revenue of $19K, expenses of $2K, and assets of $440K (revenue +11.4% year-over-year).
- 2013: Revenue of $17K, expenses of $8K, and assets of $423K (revenue -14.2% year-over-year).
- 2012: Revenue of $20K, expenses of $20K, and assets of $413K (revenue -11.5% year-over-year).
- 2011: Revenue of $23K, expenses of $32K, and assets of $411K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lipton Foundation Inc:
Data Sources and Methodology
This transparency report for Lipton 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.