Mary And James G Wallach Foundation
Mary And James G Wallach Foundation maintains substantial assets with zero executive compensation despite fluctuating revenues.
EIN: 136278694 · Purchase, NY · Updated: 2026-03-28
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Mary And James G Wallach Foundation is mapped to EIN 136278694.
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11 stored filing years available.
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11 stored filing years available.
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90% program spend, health grade B
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| Metric | Value |
|---|---|
| Total Revenue | $45.4M |
| Total Expenses | $3.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $57,806,771 |
| Net Assets | $57.8M |
| Transparency Score | 95/100 |
Search Intent Cockpit
Mary And James G Wallach Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Mary And James G Wallach Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Mary And James G Wallach Foundation in one place.
Form 990 Filing Summary
11 filing years are available, with latest revenue of $3.1M and expenses of $3.6M.
Revenue and Expenses
Mary And James G Wallach Foundation reported $3.1M in revenue and $3.6M in expenses, a deficit of $486K.
Executive Compensation
Top officer compensation appears as $57,806,771 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
95/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Mary And James G Wallach Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $3.2M (90%) |
Across stored filings, Mary And James G Wallach Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
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| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade B | 11 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and category context |
Trust Check
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Mary And James G Wallach Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mary And James G Wallach Foundation
Mary And James G Wallach Foundation (EIN: 136278694) is a nonprofit organization based in Purchase, NY. The organization reported total revenue of $45.4M and total assets of $72.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mary And James G Wallach Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mary And James G Wallach Foundation is a large nonprofit that has been operating for 58 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-486,383 |
| Total Assets | $57.8M |
| Total Liabilities | $1 |
| Net Assets | $57.8M |
| Operating Margin | -15.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 192.4 months |
Financial Health Grade: B
In 2023, Mary And James G Wallach Foundation reported a deficit of $486K with expenses exceeding revenue, holds 192.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Mary And James G Wallach Foundation's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.8% | -15.1% | -0.8% |
| 2022 | -86.9% | +53.4% | -4.1% |
| 2021 | +183.9% | -23.5% | +20.8% |
| 2020 | -57.7% | +5.4% | +2.1% |
| 2019 | +146.1% | -10.3% | +31.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 Mary And James G Wallach Foundation with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Mary And James G Wallach Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $486K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Mary And James G Wallach Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly unusual for an organization of its asset size ($57,806,771 in 202312).
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 Mary And James G Wallach Foundation's IRS 990 filings:
- Expenses exceeded revenue in recent periods (e.g., 202312: Expenses=$3,604,803, Revenue=$3,118,420; 202212: Expenses=$4,247,253, Revenue=$1,734,451), though this is common for foundations drawing from endowments.
Strengths
The following positive indicators were identified for Mary And James G Wallach Foundation:
- Consistent 0% officer compensation, indicating high efficiency and dedication of resources to mission.
- Substantial and growing asset base ($57,806,771 in 202312), providing long-term financial stability.
- Minimal liabilities across most filing periods, suggesting sound financial management.
- Strong asset growth over more than a decade, from $2,975,413 in 201210 to $57,806,771 in 202312.
Frequently Asked Questions about Mary And James G Wallach Foundation
Is Mary And James G Wallach Foundation a legitimate charity?
Mary And James G Wallach Foundation (EIN: 136278694) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 11 years of IRS 990 filings on record. Total revenue: $45.4M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Mary And James G Wallach Foundation spend its money?
Mary And James G Wallach Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Mary And James G Wallach Foundation tax-deductible?
Mary And James G Wallach Foundation is registered as a tax-exempt nonprofit (EIN: 136278694). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mary And James G Wallach Foundation CEO make?
Mary And James G Wallach Foundation's highest-compensated officer earns $57,806,771 annually. The organization reported $45.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Mary And James G Wallach Foundation located?
Mary And James G Wallach Foundation is headquartered in Purchase, New York and files with the IRS under EIN 136278694.
How many years of IRS 990 filings does Mary And James G Wallach Foundation have?
Mary And James G Wallach Foundation has 11 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 $45.4M in total revenue.
Is the Mary And James G Wallach Foundation financially stable?
Yes, the foundation is financially stable, with substantial assets of $57,806,771 in 202312 and minimal liabilities, indicating a strong financial position despite periods where expenses exceeded revenue.
Does the foundation pay its officers?
No, the foundation consistently reports 0% officer compensation across all available filings, indicating no salaries are paid to its officers.
How has the foundation's asset base changed over time?
The foundation's assets have grown significantly, from $2,975,413 in 201210 to $57,806,771 in 202312, demonstrating strong asset growth and management.
What is the foundation's approach to fundraising?
Based on the zero fundraising spending in the breakdown, it appears the foundation primarily relies on its endowment and investment income rather than active public fundraising campaigns.
Filing History
IRS 990 filing history for Mary And James G Wallach Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Mary And James G Wallach Foundation's revenue has grown by 301.2%, moving from $777K to $3.1M. Total assets increased by 1669.6% over the same period, from $3.3M to $57.8M. Total functional expenses rose by 488.2%, from $613K to $3.6M. In its most recent filing year (2023), Mary And James G Wallach Foundation reported a deficit of $486K, with expenses exceeding revenue. The organization holds $1 in liabilities against $57.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $57.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $3.6M | $57.8M | $1 | — | View 990 |
| 2022 | $1.7M | $4.2M | $58.3M | $1 | — | View 990 |
| 2021 | $13.2M | $2.8M | $60.8M | $1 | — | View 990 |
| 2020 | $4.7M | $3.6M | $50.3M | $1 | — | — |
| 2019 | $11.0M | $3.4M | $49.3M | $1 | — | View 990 |
| 2015 | $4.5M | $3.8M | $37.4M | $2.0M | — | View 990 |
| 2014 | $2.1M | $86K | $36.8M | $95K | — | View 990 |
| 2014 | $7.2M | $2.5M | $34.7M | $0 | — | View 990 |
| 2013 | $710K | $1.9M | $30.0M | $0 | — | View 990 |
| 2012 | $255K | $546K | $3.0M | $0 | — | View 990 |
| 2011 | $777K | $613K | $3.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $3.6M, and assets of $57.8M (revenue +79.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $4.2M, and assets of $58.3M (revenue -86.9% year-over-year).
- 2021: Revenue of $13.2M, expenses of $2.8M, and assets of $60.8M (revenue +183.9% year-over-year).
- 2020: Revenue of $4.7M, expenses of $3.6M, and assets of $50.3M (revenue -57.7% year-over-year).
- 2019: Revenue of $11.0M, expenses of $3.4M, and assets of $49.3M (revenue +146.1% year-over-year).
- 2015: Revenue of $4.5M, expenses of $3.8M, and assets of $37.4M (revenue +112.7% year-over-year).
- 2014: Revenue of $2.1M, expenses of $86K, and assets of $36.8M (revenue -71.0% year-over-year).
- 2014: Revenue of $7.2M, expenses of $2.5M, and assets of $34.7M (revenue +920.9% year-over-year).
- 2013: Revenue of $710K, expenses of $1.9M, and assets of $30.0M (revenue +178.2% year-over-year).
- 2012: Revenue of $255K, expenses of $546K, and assets of $3.0M (revenue -67.2% year-over-year).
- 2011: Revenue of $777K, expenses of $613K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mary And James G Wallach Foundation:
Data Sources and Methodology
This transparency report for Mary And James G Wallach 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.