Long Foundation

Long Foundation faces consistent operating deficits and declining assets despite no reported officer compensation.

EIN: 134004262 · Hobe Sound, FL · NTEE: T90Z · Updated: 2026-03-28

$269KRevenue

$990KAssets

65/100Mission Score (Good)

T90Z

About Long Foundation

Long Foundation (EIN: 134004262) is a nonprofit organization based in Hobe Sound, FL, classified under NTEE code T90Z. The organization reported total revenue of $269K and total assets of $990K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Long Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Long Foundation, operating in Hobe Sound, FL, exhibits a fluctuating financial profile over the past decade. While its latest reported revenue is $269,264 and assets stand at $990,262, the organization has frequently operated with expenses exceeding revenue, particularly in recent years. For instance, in 2023, expenses were $227,167 against revenues of $203,247, and in 2022, expenses of $187,086 significantly outstripped revenue of $14,807. This consistent deficit spending, without significant revenue growth to offset it, raises questions about long-term sustainability, especially given the decline in assets from a peak of $1,451,031 in 2019 to $990,262 currently.

The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent operating deficits suggest that the organization is either drawing down its asset base or relying on unpredictable future contributions. The absence of reported officer compensation across all filings indicates a potential strength in minimizing overhead related to executive salaries, which is positive for donor confidence.

In terms of transparency, the consistent filing of IRS Form 990s over a decade is a positive indicator. However, the lack of specific program details in the provided financial summary makes it challenging to fully evaluate the impact and focus of its mission-related spending. The organization's financial health appears to be in a period of contraction, with declining assets and recurring operational deficits, which warrants closer scrutiny for potential donors.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Long 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, Long 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.

Executive Compensation Analysis

The Long Foundation reports 0% officer compensation across all ten available filings, indicating that no salaries are paid to its officers, which is a strong positive for minimizing 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 Long Foundation's IRS 990 filings:

Consistent operating deficits in recent years (e.g., $23,920 in 2023, $172,279 in 2022).
Significant decline in total assets from $1,451,031 in 2019 to $990,262 currently.
Highly volatile revenue streams, with significant drops (e.g., from $555,908 in 2019 to $72,988 in 2020, and $203,247 in 2023 from $14,807 in 2022).

Strengths

The following positive indicators were identified for Long Foundation:

No reported officer compensation across all filings, indicating low executive overhead.
Consistent IRS 990 filing history, demonstrating transparency in reporting.
Maintains a substantial asset base ($990,262) despite recent declines, providing some financial cushion.

Frequently Asked Questions about Long Foundation

How does the Long Foundation cover its consistent operating deficits?

The consistent operating deficits, such as $23,920 in 2023 and $172,279 in 2022, suggest the organization is either drawing down its asset base or relying on investment income or prior year surpluses to cover expenses. The decline in assets from $1,451,031 in 2019 to $990,262 currently supports the asset drawdown hypothesis.

What are the specific programs or activities the Long Foundation funds?

The provided IRS 990 data does not detail the specific programs or activities. Further investigation into their public filings or website would be necessary to understand their mission-related spending.

What is the long-term sustainability plan given the declining assets and recurring deficits?

The trend of declining assets and recurring deficits, particularly in recent years, raises concerns about the long-term financial sustainability. The organization would need a clear strategy for increasing revenue or significantly reducing expenses to reverse this trend.

Filing History

IRS 990 filing history for Long Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Long Foundation's revenue has grown by 65.2%, moving from $123K to $203K. Total assets increased by 62.4% over the same period, from $636K to $1.0M. Total functional expenses rose by 122.1%, from $102K to $227K. In its most recent filing year (2023), Long Foundation reported a deficit of $24K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.0M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$203K	$227K	$1.0M	$1	—	View 990
2022	$15K	$187K	$1.1M	$1	—	View 990
2021	$158K	$213K	$1.2M	$1	—	View 990
2020	$73K	$239K	$1.3M	$1	—	—
2019	$556K	$111K	$1.5M	$1	—	View 990
2015	$392K	$91K	$774K	$1	—	View 990
2014	$42K	$101K	$473K	$1	—	View 990
2013	$76K	$108K	$532K	$0	—	View 990
2012	$28K	$101K	$563K	$0	—	View 990
2011	$123K	$102K	$636K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $203K, expenses of $227K, and assets of $1.0M (revenue +1272.6% year-over-year).
2022: Revenue of $15K, expenses of $187K, and assets of $1.1M (revenue -90.6% year-over-year).
2021: Revenue of $158K, expenses of $213K, and assets of $1.2M (revenue +116.5% year-over-year).
2020: Revenue of $73K, expenses of $239K, and assets of $1.3M (revenue -86.9% year-over-year).
2019: Revenue of $556K, expenses of $111K, and assets of $1.5M (revenue +41.7% year-over-year).
2015: Revenue of $392K, expenses of $91K, and assets of $774K (revenue +829.6% year-over-year).
2014: Revenue of $42K, expenses of $101K, and assets of $473K (revenue -44.7% year-over-year).
2013: Revenue of $76K, expenses of $108K, and assets of $532K (revenue +171.4% year-over-year).
2012: Revenue of $28K, expenses of $101K, and assets of $563K (revenue -77.1% year-over-year).
2011: Revenue of $123K, expenses of $102K, and assets of $636K.

Data Sources and Methodology

This transparency report for Long 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.