Lynda M Goldstein Family Foundation
Lynda M Goldstein Family Foundation maintains substantial assets and reports zero officer compensation.
EIN: 200568178 · Denver, CO · NTEE: T22 · Updated: 2026-03-28
Is Lynda M Goldstein Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Lynda M Goldstein Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Lynda M Goldstein Family Foundation
Lynda M Goldstein Family Foundation (EIN: 200568178) is a nonprofit organization based in Denver, CO, classified under NTEE code T22. The organization reported total revenue of $1.5M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lynda M Goldstein Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lynda M Goldstein Family Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $744K |
| Total Expenses | $207K |
| Surplus / Deficit | +$537K |
| Total Assets | $6.5M |
| Total Liabilities | $1 |
| Net Assets | $6.5M |
| Operating Margin | 72.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 379.4 months |
Financial Health Grade: A
In 2023, Lynda M Goldstein Family Foundation reported a surplus of $537K with revenue exceeding expenses, holds 379.4 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), Lynda M Goldstein Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +201.4% | -14.0% | +8.6% |
| 2022 | +7.2% | -15.6% | -12.6% |
| 2021 | -16.8% | +52.5% | +8.6% |
| 2020 | -67.3% | -46.4% | +174.7% |
| 2019 | +181.3% | +235.2% | +25.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Lynda M Goldstein Family 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: 95%
- fundraising: 0%
According to IRS 990 filings, Lynda M Goldstein Family 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 surplus of $537K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation, which is highly commendable for a nonprofit of this 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.
Strengths
The following positive indicators were identified for Lynda M Goldstein Family Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency and dedication to mission.
- Substantial asset base ($7,182,814 latest assets) relative to annual expenses, ensuring long-term sustainability.
- Consistently low liabilities (often $1 or $0), reflecting sound financial management.
- Strong program spending ratio due to minimal administrative and fundraising costs.
Frequently Asked Questions about Lynda M Goldstein Family Foundation
Is Lynda M Goldstein Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lynda M Goldstein Family Foundation (EIN: 200568178) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Lynda M Goldstein Family Foundation spend its money?
Lynda M Goldstein Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Lynda M Goldstein Family Foundation tax-deductible?
Lynda M Goldstein Family Foundation is registered as a tax-exempt nonprofit (EIN: 200568178). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Lynda M Goldstein Family Foundation a good charity?
Based on the provided financial data, the Lynda M Goldstein Family Foundation appears to be a very good charity. It maintains substantial assets, has very low expenses relative to its asset base, and consistently reports 0% officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How does the foundation's asset base compare to its annual spending?
The foundation's asset base is significantly larger than its annual spending. For example, in 2023, assets were $6,536,886 while expenses were $206,778, indicating a robust endowment that can sustain its operations and grant-making for many years.
What is the trend in the foundation's revenue and expenses?
Revenue has fluctuated over the years, with a notable high of $846,503 in 2019 and $744,197 in 2023. Expenses have generally remained low and stable, typically ranging between $100,000 and $350,000 annually, demonstrating consistent cost control.
Filing History
IRS 990 filing history for Lynda M Goldstein Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Lynda M Goldstein Family Foundation's revenue has grown by 146.5%, moving from $302K to $744K. Total assets increased by 549.7% over the same period, from $1.0M to $6.5M. Total functional expenses rose by 704.9%, from $26K to $207K. In its most recent filing year (2023), Lynda M Goldstein Family Foundation reported a surplus of $537K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $744K | $207K | $6.5M | $1 | — | — |
| 2022 | $247K | $241K | $6.0M | $1 | — | View 990 |
| 2021 | $230K | $285K | $6.9M | $1 | — | View 990 |
| 2020 | $277K | $187K | $6.3M | $1 | — | — |
| 2019 | $847K | $348K | $2.3M | $1 | — | View 990 |
| 2015 | $301K | $104K | $1.8M | $0 | — | View 990 |
| 2014 | $397K | $56K | $1.7M | $1 | — | View 990 |
| 2013 | $467K | $114K | $1.3M | $1K | — | View 990 |
| 2012 | $184K | $242K | $974K | $1K | — | View 990 |
| 2011 | $302K | $26K | $1.0M | $-512 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $744K, expenses of $207K, and assets of $6.5M (revenue +201.4% year-over-year).
- 2022: Revenue of $247K, expenses of $241K, and assets of $6.0M (revenue +7.2% year-over-year).
- 2021: Revenue of $230K, expenses of $285K, and assets of $6.9M (revenue -16.8% year-over-year).
- 2020: Revenue of $277K, expenses of $187K, and assets of $6.3M (revenue -67.3% year-over-year).
- 2019: Revenue of $847K, expenses of $348K, and assets of $2.3M (revenue +181.3% year-over-year).
- 2015: Revenue of $301K, expenses of $104K, and assets of $1.8M (revenue -24.3% year-over-year).
- 2014: Revenue of $397K, expenses of $56K, and assets of $1.7M (revenue -14.9% year-over-year).
- 2013: Revenue of $467K, expenses of $114K, and assets of $1.3M (revenue +153.1% year-over-year).
- 2012: Revenue of $184K, expenses of $242K, and assets of $974K (revenue -38.9% year-over-year).
- 2011: Revenue of $302K, expenses of $26K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lynda M Goldstein Family Foundation:
Data Sources and Methodology
This transparency report for Lynda M Goldstein Family 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.