Marvin Naiman And Margery Goldman Family Foundation
Marvin Naiman And Margery Goldman Family Foundation's assets have declined by 23% since 2014 due to expenses consistently exceeding revenue.
EIN: 203309847 · Boulder, CO · NTEE: T20 · Updated: 2026-03-28
Is Marvin Naiman And Margery Goldman Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Marvin Naiman And Margery Goldman Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Marvin Naiman And Margery Goldman Family Foundation
Marvin Naiman And Margery Goldman Family Foundation (EIN: 203309847) is a nonprofit organization based in Boulder, CO, classified under NTEE code T20. The organization reported total revenue of $526K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marvin Naiman And Margery Goldman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marvin Naiman And Margery Goldman Family Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $295K |
| Surplus / Deficit | $-222,353 |
| Total Assets | $2.5M |
| Total Liabilities | $1 |
| Net Assets | $2.5M |
| Operating Margin | -305.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 102.1 months |
Financial Health Grade: B
In 2023, Marvin Naiman And Margery Goldman Family Foundation reported a deficit of $222K with expenses exceeding revenue, holds 102.1 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), Marvin Naiman And Margery Goldman Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -31.9% | +8.0% | -8.1% |
| 2022 | -59.3% | -7.5% | -5.7% |
| 2021 | -14.4% | +0.9% | -1.1% |
| 2020 | +58.2% | +35.4% | +0.5% |
| 2019 | +93.7% | -1.8% | -6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Marvin Naiman And Margery Goldman Family Foundation with a Mission Score of 85 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, Marvin Naiman And Margery Goldman 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 deficit of $222K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for an organization of its size with assets over $2 million.
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 Marvin Naiman And Margery Goldman Family Foundation's IRS 990 filings:
- Consistent deficit spending: Expenses have exceeded revenue in 8 out of the last 10 reported periods, leading to asset depletion (e.g., 2023: $295,044 expenses vs. $72,691 revenue).
- Declining asset base: Assets have decreased from $3,251,526 in 2014 to $2,509,603 in 2023, a 23% reduction.
Strengths
The following positive indicators were identified for Marvin Naiman And Margery Goldman Family Foundation:
- Zero executive compensation: No officer compensation reported across all filings, indicating high efficiency in this area.
- Minimal liabilities: Consistently reports $1 in liabilities, demonstrating strong financial management and low debt.
- Consistent grantmaking: Despite asset decline, the foundation continues to disburse funds, as evidenced by consistent expenses.
- Strong asset base: Maintains over $2 million in assets, providing a significant endowment for its mission.
Frequently Asked Questions about Marvin Naiman And Margery Goldman Family Foundation
Is Marvin Naiman And Margery Goldman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Marvin Naiman And Margery Goldman Family Foundation (EIN: 203309847) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Marvin Naiman And Margery Goldman Family Foundation spend its money?
Marvin Naiman And Margery Goldman Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Marvin Naiman And Margery Goldman Family Foundation tax-deductible?
Marvin Naiman And Margery Goldman Family Foundation is registered as a tax-exempt nonprofit (EIN: 203309847). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Marvin Naiman And Margery Goldman Family Foundation financially sustainable given its spending patterns?
The foundation has consistently spent more than its revenue in recent years (e.g., $295,044 expenses vs. $72,691 revenue in 2023), leading to a gradual decrease in its asset base. While it has substantial assets, this trend is not sustainable long-term without increased revenue or reduced spending.
What types of programs does the foundation support?
As a private grantmaking foundation (NTEE T20), its primary 'program' is distributing grants to other organizations. The specific beneficiaries or causes are not detailed in the provided summary data but would be found in the full 990 filings.
How does the foundation manage its administrative costs?
The foundation reports 0% officer compensation across all filings, suggesting extremely low administrative costs related to executive salaries. This indicates a highly efficient operation in terms of personnel expenses.
Filing History
IRS 990 filing history for Marvin Naiman And Margery Goldman Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Marvin Naiman And Margery Goldman Family Foundation's revenue has grown by 48.8%, moving from $49K to $73K. Total assets decreased by 18% over the same period, from $3.1M to $2.5M. Total functional expenses rose by 102%, from $146K to $295K. In its most recent filing year (2023), Marvin Naiman And Margery Goldman Family Foundation reported a deficit of $222K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $295K | $2.5M | $1 | — | View 990 |
| 2022 | $107K | $273K | $2.7M | $1 | — | View 990 |
| 2021 | $262K | $295K | $2.9M | $1 | — | View 990 |
| 2020 | $307K | $293K | $2.9M | $1 | — | — |
| 2019 | $194K | $216K | $2.9M | $1 | — | — |
| 2015 | $100K | $220K | $3.1M | $1 | — | View 990 |
| 2014 | $502K | $218K | $3.3M | $1 | — | View 990 |
| 2013 | $182K | $182K | $3.0M | $1 | — | View 990 |
| 2012 | $66K | $158K | $3.0M | $1 | — | View 990 |
| 2011 | $49K | $146K | $3.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $295K, and assets of $2.5M (revenue -31.9% year-over-year).
- 2022: Revenue of $107K, expenses of $273K, and assets of $2.7M (revenue -59.3% year-over-year).
- 2021: Revenue of $262K, expenses of $295K, and assets of $2.9M (revenue -14.4% year-over-year).
- 2020: Revenue of $307K, expenses of $293K, and assets of $2.9M (revenue +58.2% year-over-year).
- 2019: Revenue of $194K, expenses of $216K, and assets of $2.9M (revenue +93.7% year-over-year).
- 2015: Revenue of $100K, expenses of $220K, and assets of $3.1M (revenue -80.1% year-over-year).
- 2014: Revenue of $502K, expenses of $218K, and assets of $3.3M (revenue +176.1% year-over-year).
- 2013: Revenue of $182K, expenses of $182K, and assets of $3.0M (revenue +176.9% year-over-year).
- 2012: Revenue of $66K, expenses of $158K, and assets of $3.0M (revenue +34.3% year-over-year).
- 2011: Revenue of $49K, expenses of $146K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Marvin Naiman And Margery Goldman Family Foundation:
Data Sources and Methodology
This transparency report for Marvin Naiman And Margery Goldman 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.