Mark & Nina Feldman Family Foundation
Feldman Family Foundation: Consistent Assets, Low Revenue, and High Administrative Costs Raise Questions
EIN: 222770566 · Millburn, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $144K |
| CEO/Top Officer Pay | $143,646 |
| Net Assets | $2.4M |
| Transparency Score | 45/100 |
Is Mark & Nina Feldman Family Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mark & Nina Feldman Family Foundation
Mark & Nina Feldman Family Foundation (EIN: 222770566) is a nonprofit organization based in Millburn, NJ. The organization reported total revenue of $1.5M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mark & Nina Feldman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mark & Nina Feldman Family Foundation is a mid-size nonprofit that has been operating for 39 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $124K |
| Total Expenses | $144K |
| Surplus / Deficit | $-20,107 |
| Total Assets | $2.4M |
| Total Liabilities | $1 |
| Net Assets | $2.4M |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 203.0 months |
Financial Health Grade: B
In 2024, Mark & Nina Feldman Family Foundation reported a deficit of $20K with expenses exceeding revenue, holds 203.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2024), Mark & Nina Feldman Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +63.2% | -39.2% | -0.8% |
| 2023 | -67.0% | +156.0% | -6.1% |
| 2022 | -2.7% | +15.5% | +5.6% |
| 2021 | +300.3% | -31.8% | +6.7% |
| 2020 | -62.8% | -0.4% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Mark & Nina Feldman Family Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Mark & Nina Feldman Family Foundation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but given 100% of expenses are administrative, it's likely absorbed within these costs, which totaled $143,646 in 2024 and $236,160 in 2023.
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 Mark & Nina Feldman Family Foundation's IRS 990 filings:
- Zero reported program service expenses across all years, suggesting no direct charitable impact.
- 100% of all reported expenses are allocated to administrative costs, which is highly unusual for a nonprofit.
- Despite consistent assets around $2.3M-$2.6M, revenue is highly variable and often significantly lower than administrative expenses, raising sustainability concerns.
- The purpose or mission of the foundation is not clear from the provided data, making it difficult to assess its effectiveness.
Strengths
The following positive indicators were identified for Mark & Nina Feldman Family Foundation:
- The foundation maintains a relatively stable asset base over the years, indicating financial solvency.
- No reported lobbying or professional fundraising costs, suggesting internal management of operations.
Frequently Asked Questions about Mark & Nina Feldman Family Foundation
Is Mark & Nina Feldman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mark & Nina Feldman Family Foundation (EIN: 222770566) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Mark & Nina Feldman Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Mark & Nina Feldman Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Mark & Nina Feldman Family Foundation tax-deductible?
Mark & Nina Feldman Family Foundation is registered as a tax-exempt nonprofit (EIN: 222770566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mark & Nina Feldman Family Foundation CEO make?
Mark & Nina Feldman Family Foundation's highest-compensated officer earns $143,646 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Mark & Nina Feldman Family Foundation located?
Mark & Nina Feldman Family Foundation is headquartered in Millburn, New Jersey and files with the IRS under EIN 222770566.
How many years of IRS 990 filings does Mark & Nina Feldman Family Foundation have?
Mark & Nina Feldman Family Foundation 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 $1.5M in total revenue.
What does Mark & Nina Feldman Family Foundation do?
Mark & Nina Feldman Family Foundation is a nonprofit organization in the Unknown sector, located in Millburn, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Mark & Nina Feldman Family Foundation have?
Mark & Nina Feldman Family Foundation reported total revenue of $1,515,528. Based on 9 IRS 990 filings on record.
What are Mark & Nina Feldman Family Foundation's total assets?
Mark & Nina Feldman Family Foundation holds total assets of $2,602,312 as reported in IRS 990 filings.
Where is Mark & Nina Feldman Family Foundation located?
Mark & Nina Feldman Family Foundation is based in Millburn, New Jersey.
What is Mark & Nina Feldman Family Foundation's EIN?
Mark & Nina Feldman Family Foundation's Employer Identification Number (EIN) is 222770566. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mark & Nina Feldman Family Foundation?
Mark & Nina Feldman Family Foundation is classified under NTEE code Unknown (Unknown).
Is Mark & Nina Feldman Family Foundation a registered 501(c)(3)?
Mark & Nina Feldman Family Foundation appears in IRS records (EIN: 222770566). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Mark & Nina Feldman Family Foundation file IRS Form 990?
Yes, Mark & Nina Feldman Family Foundation has 9 IRS Form 990 filings on record. The most recent covers tax period 202407.
What was Mark & Nina Feldman Family Foundation's revenue in 2024?
In the 202407 filing period, Mark & Nina Feldman Family Foundation reported total revenue of $123,539, total expenses of $143,646, and net assets of $2,429,839.
Is Mark & Nina Feldman Family Foundation's revenue growing or declining?
Mark & Nina Feldman Family Foundation's revenue is growing. Revenue went from $75,704 (202307) to $123,539 (202407), a +63.2% change. Based on 9 filings on record.
What is Mark & Nina Feldman Family Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Mark & Nina Feldman Family Foundation covers tax period 202407. It shows revenue of $123,539, expenses of $143,646, total assets of $2,429,839, and liabilities of $1.
Is Mark & Nina Feldman Family Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Mark & Nina Feldman Family Foundation shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 2 strengths noted.
What are the red flags for Mark & Nina Feldman Family Foundation?
The following concerns were identified: Zero reported program service expenses across all years, suggesting no direct charitable impact.. 100% of all reported expenses are allocated to administrative costs, which is highly unusual for a nonprofit.. Despite consistent assets around $2.3M-$2.6M, revenue is highly variable and often significantly lower than administrative expenses, raising sustainability concerns.. The purpose or mission of the foundation is not clear from the provided data, making it difficult to assess its effectiveness.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mark & Nina Feldman Family Foundation's strengths?
Positive indicators for Mark & Nina Feldman Family Foundation include: The foundation maintains a relatively stable asset base over the years, indicating financial solvency.. No reported lobbying or professional fundraising costs, suggesting internal management of operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Mark & Nina Feldman Family Foundation compensate executives?
Executive compensation is not explicitly detailed in the provided data, but given 100% of expenses are administrative, it's likely absorbed within these costs, which totaled $143,646 in 2024 and $236,160 in 2023. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% program expenses and 100% administrative expenses, what is the actual charitable function or impact of the Mark & Nina Feldman Family Foundation?
Based on the provided data, the foundation does not appear to engage in direct charitable programming. All reported expenditures are administrative, suggesting its primary function might be asset management or a holding entity rather than an active grant-making or service-providing organization.
How does the foundation sustain its operations when administrative expenses frequently exceed reported revenue, as seen in 2023 ($236,160 admin vs. $75,704 revenue) and 2020 ($117,055 admin vs. $58,906 revenue)?
The foundation likely draws from its substantial asset base (e.g., $2,449,513 in 2023) to cover administrative expenses when revenue is insufficient. This model is sustainable as long as the asset base can absorb these deficits without significant depletion, but it indicates that the foundation is not self-sustaining purely from annual revenue.
Filing History
IRS 990 filing history for Mark & Nina Feldman Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2024), Mark & Nina Feldman Family Foundation's revenue has grown by 15.4%, moving from $107K to $124K. Total assets increased by 10% over the same period, from $2.2M to $2.4M. Total functional expenses rose by 985.2%, from $13K to $144K. In its most recent filing year (2024), Mark & Nina Feldman Family Foundation reported a deficit of $20K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $124K | $144K | $2.4M | $1 | — | — |
| 2023 | $76K | $236K | $2.4M | $1 | — | View 990 |
| 2022 | $230K | $92K | $2.6M | $1 | — | View 990 |
| 2021 | $236K | $80K | $2.5M | $1 | — | View 990 |
| 2020 | $59K | $117K | $2.3M | $1 | — | View 990 |
| 2015 | $158K | $118K | $2.3M | $1 | — | View 990 |
| 2014 | $148K | $113K | $2.3M | $1 | — | View 990 |
| 2013 | $106K | $34K | $2.3M | $1 | — | View 990 |
| 2012 | $107K | $13K | $2.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $124K, expenses of $144K, and assets of $2.4M (revenue +63.2% year-over-year).
- 2023: Revenue of $76K, expenses of $236K, and assets of $2.4M (revenue -67.0% year-over-year).
- 2022: Revenue of $230K, expenses of $92K, and assets of $2.6M (revenue -2.7% year-over-year).
- 2021: Revenue of $236K, expenses of $80K, and assets of $2.5M (revenue +300.3% year-over-year).
- 2020: Revenue of $59K, expenses of $117K, and assets of $2.3M (revenue -62.8% year-over-year).
- 2015: Revenue of $158K, expenses of $118K, and assets of $2.3M (revenue +6.7% year-over-year).
- 2014: Revenue of $148K, expenses of $113K, and assets of $2.3M (revenue +40.1% year-over-year).
- 2013: Revenue of $106K, expenses of $34K, and assets of $2.3M (revenue -1.1% year-over-year).
- 2012: Revenue of $107K, expenses of $13K, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mark & Nina Feldman Family Foundation:
Data Sources and Methodology
This transparency report for Mark & Nina Feldman 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.