May And Samuel Rudin Family Foundation Inc
May And Samuel Rudin Family Foundation consistently disburses millions in grants with zero reported officer compensation, operating with a lean asset base.
EIN: 133875171 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $4.8M |
| Program Spending | 90% |
| Net Assets | $70K |
| Transparency Score | 85/100 |
Is May And Samuel Rudin Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
May And Samuel Rudin Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About May And Samuel Rudin Family Foundation Inc
May And Samuel Rudin Family Foundation Inc (EIN: 133875171) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.0M and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of May And Samuel Rudin Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
May And Samuel Rudin Family Foundation Inc is a mid-size nonprofit that has been operating for 31 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $4.8M |
| Surplus / Deficit | $-75,182 |
| Total Assets | $75K |
| Total Liabilities | $5K |
| Net Assets | $70K |
| Operating Margin | -1.6% |
| Debt-to-Asset Ratio | 6.6% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2023, May And Samuel Rudin Family Foundation Inc reported a deficit of $75K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 6.6% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), May And Samuel Rudin Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +94499900.0% | -3.8% | -51.6% |
| 2022 | -100.0% | +11.8% | +3.2% |
| 2021 | +6.2% | -15.5% | +635.9% |
| 2020 | -23.9% | -9.1% | -93.5% |
| 2015 | +5.3% | +4.2% | +146.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 May And Samuel Rudin Family Foundation Inc 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, May And Samuel Rudin Family Foundation Inc allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. 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 $75K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to executives, which is highly favorable for donor perception and financial efficiency.
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 May And Samuel Rudin Family Foundation Inc's IRS 990 filings:
- Expenses frequently exceed revenue, potentially indicating reliance on prior year surpluses or other funding sources not detailed.
- Significant liabilities reported in some years (e.g., $273,234 in 2020) without clear explanation in summary data.
Strengths
The following positive indicators were identified for May And Samuel Rudin Family Foundation Inc:
- Consistent and substantial grant-making activity, distributing millions annually.
- Zero reported officer compensation, indicating high efficiency in executive pay.
- Consistent filing of IRS Form 990s, demonstrating transparency.
- Operates with a lean structure, effectively distributing funds rather than accumulating large reserves.
Frequently Asked Questions about May And Samuel Rudin Family Foundation Inc
Is May And Samuel Rudin Family Foundation Inc a legitimate charity?
May And Samuel Rudin Family Foundation Inc (EIN: 133875171) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $2.0M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does May And Samuel Rudin Family Foundation Inc spend its money?
May And Samuel Rudin Family Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to May And Samuel Rudin Family Foundation Inc tax-deductible?
May And Samuel Rudin Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133875171). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of May And Samuel Rudin Family Foundation Inc's spending goes to programs?
May And Samuel Rudin Family Foundation Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is May And Samuel Rudin Family Foundation Inc located?
May And Samuel Rudin Family Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133875171.
How many years of IRS 990 filings does May And Samuel Rudin Family Foundation Inc have?
May And Samuel Rudin Family 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 $2.0M in total revenue.
What is the nature of the liabilities reported in certain years, such as $273,234 in 2020?
The IRS 990 data shows significant liabilities in some years (e.g., $273,234 in 2020, $4,934 in 2023), which could represent outstanding grants, payables, or other obligations. Without further detail from the full 990 form, the exact nature is unclear but warrants attention.
Does the foundation have an endowment, given its relatively low asset base compared to annual revenue?
Based on the provided data, the foundation's assets are consistently low relative to its annual revenue and expenses (e.g., $75,178 in assets vs. $4,725,000 revenue in 2023), suggesting it primarily functions as a pass-through entity for grants rather than maintaining a large endowment.
How does the foundation manage its expenses when they exceed revenue, as seen in 2023 and 2022?
In several periods, such as 2023 (Expenses=$4,800,182, Revenue=$4,725,000) and 2022 (Expenses=$4,989,880, Revenue=$5), expenses exceeded revenue. This could be managed through drawing down prior year surpluses, utilizing investment income not classified as revenue, or short-term financing, though the specific mechanism is not detailed in the summary data.
Filing History
IRS 990 filing history for May And Samuel Rudin Family Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), May And Samuel Rudin Family Foundation Inc's revenue has grown by 5%, moving from $4.5M to $4.7M. Total assets increased by 78% over the same period, from $42K to $75K. Total functional expenses rose by 1.1%, from $4.7M to $4.8M. In its most recent filing year (2023), May And Samuel Rudin Family Foundation Inc reported a deficit of $75K, with expenses exceeding revenue. The organization holds $5K in liabilities against $75K in assets (debt-to-asset ratio: 6.6%), resulting in net assets of $70K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $4.8M | $75K | $5K | — | View 990 |
| 2022 | $5 | $5.0M | $155K | $10K | — | View 990 |
| 2021 | $4.8M | $4.5M | $151K | $15K | — | View 990 |
| 2020 | $4.6M | $5.3M | $20K | $273K | — | View 990 |
| 2015 | $6.0M | $5.8M | $317K | $1 | — | View 990 |
| 2014 | $5.7M | $5.6M | $129K | $1 | — | View 990 |
| 2013 | $5.0M | $5.0M | $7K | $1 | — | View 990 |
| 2012 | $4.8M | $4.8M | $23K | $1 | — | View 990 |
| 2011 | $4.5M | $4.7M | $42K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $4.8M, and assets of $75K (revenue +94499900.0% year-over-year).
- 2022: Revenue of $5, expenses of $5.0M, and assets of $155K (revenue -100.0% year-over-year).
- 2021: Revenue of $4.8M, expenses of $4.5M, and assets of $151K (revenue +6.2% year-over-year).
- 2020: Revenue of $4.6M, expenses of $5.3M, and assets of $20K (revenue -23.9% year-over-year).
- 2015: Revenue of $6.0M, expenses of $5.8M, and assets of $317K (revenue +5.3% year-over-year).
- 2014: Revenue of $5.7M, expenses of $5.6M, and assets of $129K (revenue +13.4% year-over-year).
- 2013: Revenue of $5.0M, expenses of $5.0M, and assets of $7K (revenue +4.5% year-over-year).
- 2012: Revenue of $4.8M, expenses of $4.8M, and assets of $23K (revenue +6.9% year-over-year).
- 2011: Revenue of $4.5M, expenses of $4.7M, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for May And Samuel Rudin Family Foundation Inc:
Data Sources and Methodology
This transparency report for May And Samuel Rudin Family 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.