Mathew & Josephine Birnbaum Foundation
Mathew & Josephine Birnbaum Foundation's assets have steadily declined over the past decade as expenses frequently outpace revenue.
EIN: 136947903 · Middlebury, VT · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $39K |
| Program Spending | 90% |
| Net Assets | $289K |
| Transparency Score | 85/100 |
Is Mathew & Josephine Birnbaum Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mathew & Josephine Birnbaum Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mathew & Josephine Birnbaum Foundation
Mathew & Josephine Birnbaum Foundation (EIN: 136947903) is a nonprofit organization based in Middlebury, VT. The organization reported total revenue of $143K and total assets of $289K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mathew & Josephine Birnbaum Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mathew & Josephine Birnbaum Foundation is a small nonprofit that has been operating for 36 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -13.8%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $39K |
| Surplus / Deficit | $-4,669 |
| Total Assets | $289K |
| Total Liabilities | $1 |
| Net Assets | $289K |
| Operating Margin | -13.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 89.8 months |
Financial Health Grade: B
In 2019, Mathew & Josephine Birnbaum Foundation reported a deficit of $5K with expenses exceeding revenue, holds 89.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2019), Mathew & Josephine Birnbaum Foundation's revenue has declined at a compound annual growth rate (CAGR) of -13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +459.5% | -17.1% | -18.6% |
| 2015 | -78.9% | +1.9% | -10.2% |
| 2014 | -43.0% | -1.6% | -4.1% |
| 2013 | +47.2% | +9.8% | +1.0% |
| 2012 | -69.1% | +6.8% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Mathew & Josephine Birnbaum 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Mathew & Josephine Birnbaum 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are used for executive salaries, which is highly efficient for a foundation 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.
Red Flags
The following concerns were identified during AI analysis of Mathew & Josephine Birnbaum Foundation's IRS 990 filings:
- Consistent decline in assets over the past decade
- Expenses frequently exceed revenue, suggesting reliance on asset drawdowns
Strengths
The following positive indicators were identified for Mathew & Josephine Birnbaum Foundation:
- Zero officer compensation, indicating high efficiency in administrative costs
- Consistent IRS 990 filings demonstrate good transparency
- Low liabilities across all reported periods
Frequently Asked Questions about Mathew & Josephine Birnbaum Foundation
Is Mathew & Josephine Birnbaum Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mathew & Josephine Birnbaum Foundation (EIN: 136947903) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Mathew & Josephine Birnbaum Foundation spend its money?
Mathew & Josephine Birnbaum Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mathew & Josephine Birnbaum Foundation tax-deductible?
Mathew & Josephine Birnbaum Foundation is registered as a tax-exempt nonprofit (EIN: 136947903). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mathew & Josephine Birnbaum Foundation located?
Mathew & Josephine Birnbaum Foundation is headquartered in Middlebury, Vermont and files with the IRS under EIN 136947903.
How many years of IRS 990 filings does Mathew & Josephine Birnbaum Foundation have?
Mathew & Josephine Birnbaum Foundation has 6 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 $143K in total revenue.
Is the Mathew & Josephine Birnbaum Foundation actively fundraising?
Based on the available IRS 990 data, there is no indication of significant fundraising expenses or activities. The foundation's revenue primarily consists of investment income, suggesting it operates as a grant-making entity from its endowment rather than actively soliciting public donations.
What is the primary source of the foundation's revenue?
The foundation's revenue, such as the $33,996 in 2019 and $6,076 in 2015, appears to be primarily derived from investment income, consistent with a private foundation's operational model.
How has the foundation's asset base changed over time?
The foundation's assets have shown a consistent decline, from $421,161 in 2011 to $289,201 in 2019, indicating a gradual spending down of its principal.
Filing History
IRS 990 filing history for Mathew & Josephine Birnbaum Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Mathew & Josephine Birnbaum Foundation's revenue has declined by 69.4%, moving from $111K to $34K. Total assets decreased by 31.3% over the same period, from $421K to $289K. Total functional expenses fell by 2.4%, from $40K to $39K. In its most recent filing year (2019), Mathew & Josephine Birnbaum Foundation reported a deficit of $5K, with expenses exceeding revenue. The organization holds $1 in liabilities against $289K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $289K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $34K | $39K | $289K | $1 | — | — |
| 2015 | $6K | $47K | $355K | $1 | — | View 990 |
| 2014 | $29K | $46K | $396K | $1 | — | View 990 |
| 2013 | $51K | $46K | $413K | $0 | — | View 990 |
| 2012 | $34K | $42K | $409K | $0 | — | View 990 |
| 2011 | $111K | $40K | $421K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $34K, expenses of $39K, and assets of $289K (revenue +459.5% year-over-year).
- 2015: Revenue of $6K, expenses of $47K, and assets of $355K (revenue -78.9% year-over-year).
- 2014: Revenue of $29K, expenses of $46K, and assets of $396K (revenue -43.0% year-over-year).
- 2013: Revenue of $51K, expenses of $46K, and assets of $413K (revenue +47.2% year-over-year).
- 2012: Revenue of $34K, expenses of $42K, and assets of $409K (revenue -69.1% year-over-year).
- 2011: Revenue of $111K, expenses of $40K, and assets of $421K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mathew & Josephine Birnbaum Foundation:
Data Sources and Methodology
This transparency report for Mathew & Josephine Birnbaum 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.