Mailman Foundation Inc
Mailman Foundation Inc. shows fluctuating annual financial performance, often spending more than it earns, but maintains substantial assets.
EIN: 136161556 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.2M |
| Total Expenses | $1.2M |
| Program Spending | 80% |
| Net Assets | $18.2M |
| Transparency Score | 70/100 |
Is Mailman Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mailman Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mailman Foundation Inc
Mailman Foundation Inc (EIN: 136161556) is a nonprofit organization based in New York, NY. The organization reported total revenue of $6.2M and total assets of $19.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mailman Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mailman Foundation Inc is a mid-size nonprofit that has been operating for 77 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $606K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-597,028 |
| Total Assets | $18.4M |
| Total Liabilities | $153K |
| Net Assets | $18.2M |
| Operating Margin | -98.6% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 183.2 months |
Financial Health Grade: B
In 2023, Mailman Foundation Inc reported a deficit of $597K with expenses exceeding revenue, holds 183.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Mailman Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.2% | +47.7% | -9.5% |
| 2021 | +70.7% | -7.3% | +5.3% |
| 2020 | -64.9% | -24.2% | +1.1% |
| 2019 | +148.3% | -56.9% | -11.1% |
| 2015 | -27.9% | +11.2% | -3.6% |
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 Mailman Foundation Inc with a Mission Score of 70 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, Mailman 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 $597K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly efficient for an organization of its asset 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.
Red Flags
The following concerns were identified during AI analysis of Mailman Foundation Inc's IRS 990 filings:
- Frequent periods of expenses exceeding revenue (e.g., 202312, 201512, 201412, 201312, 201212, 201112)
- Lack of NTEE code, hindering mission clarity and comparative analysis
- General decline in total assets over the past decade from $25.8M to $18.4M
Strengths
The following positive indicators were identified for Mailman Foundation Inc:
- Substantial asset base ($19,024,203 latest) providing financial stability
- 0% officer compensation reported across all filings, indicating efficient executive pay practices
- Low liabilities relative to assets (e.g., $153,198 liabilities vs. $18,363,073 assets in 202312)
Frequently Asked Questions about Mailman Foundation Inc
Is Mailman Foundation Inc a legitimate charity?
Mailman Foundation Inc (EIN: 136161556) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 9 years of IRS 990 filings on record. Total revenue: $6.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Mailman Foundation Inc spend its money?
Mailman Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Mailman Foundation Inc tax-deductible?
Mailman Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136161556). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mailman Foundation Inc's spending goes to programs?
Mailman Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Mailman Foundation Inc located?
Mailman Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136161556.
How many years of IRS 990 filings does Mailman Foundation Inc have?
Mailman Foundation Inc has 9 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 $6.2M in total revenue.
How does the Mailman Foundation Inc. sustain operations during years with significant deficits, such as 202312 where expenses ($1,202,553) doubled revenue ($605,525)?
The foundation likely draws upon its substantial asset base, which was $18,363,073 in 202312, to cover operational shortfalls during periods when expenses exceed revenue.
What is the primary purpose or program area of the Mailman Foundation Inc., given the 'Unknown' NTEE code?
Without an NTEE code or detailed program descriptions in the provided data, the specific mission or program focus of the Mailman Foundation Inc. cannot be determined from these filings alone.
What is the trend in the foundation's asset base over the past decade?
The foundation's assets have generally declined from a high of $25,798,061 in 201112 to $18,363,073 in 202312, though they remain substantial.
Does the Mailman Foundation Inc. rely heavily on investment income or donations for its revenue?
The provided data only shows 'Revenue' without a breakdown. To determine the reliance on investment income versus donations, a more detailed breakdown of revenue sources from the 990 filings would be necessary.
Filing History
IRS 990 filing history for Mailman Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Mailman Foundation Inc's revenue has grown by 132.7%, moving from $260K to $606K. Total assets decreased by 28.8% over the same period, from $25.8M to $18.4M. Total functional expenses fell by 49.4%, from $2.4M to $1.2M. In its most recent filing year (2023), Mailman Foundation Inc reported a deficit of $597K, with expenses exceeding revenue. The organization holds $153K in liabilities against $18.4M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $18.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $606K | $1.2M | $18.4M | $153K | — | View 990 |
| 2021 | $1.8M | $814K | $20.3M | $141K | — | View 990 |
| 2020 | $1.1M | $878K | $19.3M | $141K | — | — |
| 2019 | $3.1M | $1.2M | $19.1M | $142K | — | — |
| 2015 | $1.2M | $2.7M | $21.4M | $151K | — | View 990 |
| 2014 | $1.7M | $2.4M | $22.2M | $174K | — | View 990 |
| 2013 | $873K | $2.4M | $22.9M | $174K | — | View 990 |
| 2012 | $835K | $2.1M | $24.5M | $179K | — | View 990 |
| 2011 | $260K | $2.4M | $25.8M | $198K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $606K, expenses of $1.2M, and assets of $18.4M (revenue -67.2% year-over-year).
- 2021: Revenue of $1.8M, expenses of $814K, and assets of $20.3M (revenue +70.7% year-over-year).
- 2020: Revenue of $1.1M, expenses of $878K, and assets of $19.3M (revenue -64.9% year-over-year).
- 2019: Revenue of $3.1M, expenses of $1.2M, and assets of $19.1M (revenue +148.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $2.7M, and assets of $21.4M (revenue -27.9% year-over-year).
- 2014: Revenue of $1.7M, expenses of $2.4M, and assets of $22.2M (revenue +96.6% year-over-year).
- 2013: Revenue of $873K, expenses of $2.4M, and assets of $22.9M (revenue +4.6% year-over-year).
- 2012: Revenue of $835K, expenses of $2.1M, and assets of $24.5M (revenue +220.8% year-over-year).
- 2011: Revenue of $260K, expenses of $2.4M, and assets of $25.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mailman Foundation Inc:
Data Sources and Methodology
This transparency report for Mailman 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.