Lisa B Fishman Foundation Inc
Lisa B Fishman Foundation Inc shows strong financial growth and low expenses in recent years.
EIN: 203967247 · Montville, NJ · NTEE: H124 · Updated: 2026-03-28
Is Lisa B Fishman Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lisa B Fishman Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lisa B Fishman Foundation Inc
Lisa B Fishman Foundation Inc (EIN: 203967247) is a nonprofit organization based in Montville, NJ, classified under NTEE code H124. The organization reported total revenue of $556K and total assets of $320K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lisa B Fishman Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lisa B Fishman Foundation Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $274K |
| Total Expenses | $98K |
| Surplus / Deficit | +$176K |
| Total Assets | $299K |
| Net Assets | $299K |
| Operating Margin | 64.3% |
| Months of Reserves | 36.7 months |
Financial Health Grade: A
In 2023, Lisa B Fishman Foundation Inc reported a surplus of $176K with revenue exceeding expenses, holds 36.7 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Lisa B Fishman Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.9% | -48.7% | +144.0% |
| 2022 | +4.4% | -18.6% | +123.0% |
| 2021 | +8.2% | +9.1% | +31.4% |
| 2020 | -2.6% | -7.9% | +49.6% |
| 2019 | +4.2% | -45.9% | +5.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Lisa B Fishman Foundation Inc with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Lisa B Fishman Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $176K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through non-officer categories, which is a positive indicator for donor funds being directed towards the mission.
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 Lisa B Fishman Foundation Inc's IRS 990 filings:
- Specific program spending details are not available in the provided summary data, making a precise assessment of program efficiency challenging without further detail.
Strengths
The following positive indicators were identified for Lisa B Fishman Foundation Inc:
- Consistent financial surpluses in recent years, notably $175,944 in 2023 ($273,743 revenue - $97,799 expenses).
- Significant growth in assets from $55,010 in 2021 to $299,390 in 2023.
- Zero reported liabilities across all filing periods, indicating strong financial health and low risk.
- No officer compensation reported, suggesting resources are directed towards the mission.
- Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Lisa B Fishman Foundation Inc
Is Lisa B Fishman Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lisa B Fishman Foundation Inc (EIN: 203967247) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Lisa B Fishman Foundation Inc spend its money?
Lisa B Fishman Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lisa B Fishman Foundation Inc tax-deductible?
Lisa B Fishman Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203967247). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Lisa B Fishman Foundation Inc financially stable?
Yes, the foundation appears financially stable. In 2023, it reported $273,743 in revenue against $97,799 in expenses, leading to a significant surplus. Its assets have grown substantially from $55,010 in 2021 to $299,390 in 2023, and it consistently reports $0 in liabilities.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth, particularly in recent years. Assets increased from $41,879 in 2020 to $299,390 in 2023, indicating effective accumulation and management of resources.
Does the organization pay its officers?
Based on the provided IRS 990 data, the organization consistently reports 0% officer compensation across all 13 filings, suggesting that officers are not compensated directly through this category.
What is the trend in the organization's revenue and expenses?
Revenue has generally been stable or increasing in recent years, reaching $273,743 in 2023. Expenses have fluctuated but have been significantly lower than revenue in the most recent periods, such as $97,799 in 2023 compared to $273,743 in revenue, indicating efficient operations and surplus generation.
Filing History
IRS 990 filing history for Lisa B Fishman Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lisa B Fishman Foundation Inc's revenue has grown by 193.7%, moving from $93K to $274K. Total assets increased by 724.1% over the same period, from $36K to $299K. Total functional expenses rose by 1.4%, from $96K to $98K. In its most recent filing year (2023), Lisa B Fishman Foundation Inc reported a surplus of $176K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $274K | $98K | $299K | $0 | — | — |
| 2022 | $258K | $191K | $123K | $0 | — | — |
| 2021 | $248K | $234K | $55K | $0 | — | View 990 |
| 2020 | $229K | $215K | $42K | $0 | — | View 990 |
| 2019 | $235K | $233K | $28K | $0 | — | View 990 |
| 2018 | $225K | $431K | $27K | $0 | — | View 990 |
| 2017 | $437K | $29K | $232K | $0 | — | View 990 |
| 2016 | $200K | $237K | $43K | $0 | — | View 990 |
| 2015 | $184K | $180K | $80K | $0 | — | View 990 |
| 2014 | $154K | $125K | $75K | $0 | — | View 990 |
| 2013 | $126K | $126K | $47K | $0 | — | View 990 |
| 2012 | $105K | $95K | $46K | $0 | — | View 990 |
| 2011 | $93K | $96K | $36K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $274K, expenses of $98K, and assets of $299K (revenue +5.9% year-over-year).
- 2022: Revenue of $258K, expenses of $191K, and assets of $123K (revenue +4.4% year-over-year).
- 2021: Revenue of $248K, expenses of $234K, and assets of $55K (revenue +8.2% year-over-year).
- 2020: Revenue of $229K, expenses of $215K, and assets of $42K (revenue -2.6% year-over-year).
- 2019: Revenue of $235K, expenses of $233K, and assets of $28K (revenue +4.2% year-over-year).
- 2018: Revenue of $225K, expenses of $431K, and assets of $27K (revenue -48.5% year-over-year).
- 2017: Revenue of $437K, expenses of $29K, and assets of $232K (revenue +118.7% year-over-year).
- 2016: Revenue of $200K, expenses of $237K, and assets of $43K (revenue +8.7% year-over-year).
- 2015: Revenue of $184K, expenses of $180K, and assets of $80K (revenue +19.6% year-over-year).
- 2014: Revenue of $154K, expenses of $125K, and assets of $75K (revenue +21.7% year-over-year).
- 2013: Revenue of $126K, expenses of $126K, and assets of $47K (revenue +19.9% year-over-year).
- 2012: Revenue of $105K, expenses of $95K, and assets of $46K (revenue +13.0% year-over-year).
- 2011: Revenue of $93K, expenses of $96K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lisa B Fishman Foundation Inc:
Data Sources and Methodology
This transparency report for Lisa B Fishman 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.