Meyer And Pepa Gold Family Foundation
Meyer And Pepa Gold Family Foundation: Declining Revenue, Stable Assets, and High Administrative Costs
EIN: 222780303 · Oakhurst, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $619K |
| Total Expenses | $229K |
| Program Spending | 50% |
| Net Assets | $3.2M |
| Transparency Score | 60/100 |
Is Meyer And Pepa Gold Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Meyer And Pepa Gold Family Foundation directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Meyer And Pepa Gold Family Foundation
Meyer And Pepa Gold Family Foundation (EIN: 222780303) is a nonprofit organization based in Oakhurst, NJ. The organization reported total revenue of $619K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meyer And Pepa Gold Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meyer And Pepa Gold Family Foundation is a small nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $229K |
| Surplus / Deficit | $-91,643 |
| Total Assets | $3.2M |
| Total Liabilities | $1 |
| Net Assets | $3.2M |
| Operating Margin | -66.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 165.3 months |
Financial Health Grade: B
In 2023, Meyer And Pepa Gold Family Foundation reported a deficit of $92K with expenses exceeding revenue, holds 165.3 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), Meyer And Pepa Gold Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +282.1% | +2.6% | -2.8% |
| 2022 | -93.7% | -13.7% | -5.5% |
| 2020 | -106.5% | -4.0% | -5.7% |
| 2019 | -81.1% | -14.0% | -7.0% |
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 Meyer And Pepa Gold Family Foundation with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Meyer And Pepa Gold Family Foundation allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $92K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation information is not explicitly detailed in the provided data, making a direct assessment difficult without further filings.
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 Meyer And Pepa Gold Family Foundation's IRS 990 filings:
- Significant decline in revenue from $1,494,721 in 2015 to $137,595 in 2023 raises concerns about long-term financial sustainability.
- High administrative expenses relative to program spending, for example, in 2023, expenses were $229,238 while revenue was $137,595, indicating a deficit covered by assets.
- Lack of clear information regarding the nature of 'expenses' (x) and how much directly relates to programs versus administration.
Strengths
The following positive indicators were identified for Meyer And Pepa Gold Family Foundation:
- The foundation maintains a healthy asset base of over $3 million, providing a buffer against revenue fluctuations.
- Consistent operation over a decade, indicating established presence.
- Zero lobbying expenses ('l1,c0%') suggests a focus on direct charitable activities rather than political influence.
Frequently Asked Questions about Meyer And Pepa Gold Family Foundation
Is Meyer And Pepa Gold Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Meyer And Pepa Gold Family Foundation (EIN: 222780303) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Meyer And Pepa Gold Family Foundation spend its money?
Meyer And Pepa Gold Family Foundation directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Meyer And Pepa Gold Family Foundation tax-deductible?
Meyer And Pepa Gold Family Foundation is registered as a tax-exempt nonprofit (EIN: 222780303). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Meyer And Pepa Gold Family Foundation's spending goes to programs?
Meyer And Pepa Gold Family Foundation directs 50% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Meyer And Pepa Gold Family Foundation located?
Meyer And Pepa Gold Family Foundation is headquartered in Oakhurst, New Jersey and files with the IRS under EIN 222780303.
How many years of IRS 990 filings does Meyer And Pepa Gold Family Foundation have?
Meyer And Pepa Gold Family Foundation has 10 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 $619K in total revenue.
What does Meyer And Pepa Gold Family Foundation do?
Meyer And Pepa Gold Family Foundation is a nonprofit organization in the Unknown sector, located in Oakhurst, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Meyer And Pepa Gold Family Foundation have?
Meyer And Pepa Gold Family Foundation reported total revenue of $618,986. Based on 10 IRS 990 filings on record.
What are Meyer And Pepa Gold Family Foundation's total assets?
Meyer And Pepa Gold Family Foundation holds total assets of $3,105,249 as reported in IRS 990 filings.
Where is Meyer And Pepa Gold Family Foundation located?
Meyer And Pepa Gold Family Foundation is based in Oakhurst, New Jersey.
What is Meyer And Pepa Gold Family Foundation's EIN?
Meyer And Pepa Gold Family Foundation's Employer Identification Number (EIN) is 222780303. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Meyer And Pepa Gold Family Foundation?
Meyer And Pepa Gold Family Foundation is classified under NTEE code Unknown (Unknown).
Is Meyer And Pepa Gold Family Foundation a registered 501(c)(3)?
Meyer And Pepa Gold Family Foundation appears in IRS records (EIN: 222780303). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Meyer And Pepa Gold Family Foundation file IRS Form 990?
Yes, Meyer And Pepa Gold Family Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Meyer And Pepa Gold Family Foundation's revenue in 2023?
In the 202312 filing period, Meyer And Pepa Gold Family Foundation reported total revenue of $137,595, total expenses of $229,238, and net assets of $3,157,116.
Is Meyer And Pepa Gold Family Foundation's revenue growing or declining?
Meyer And Pepa Gold Family Foundation's revenue is growing. Revenue went from $36,012 (202212) to $137,595 (202312), a +282.1% change. Based on 10 filings on record.
What is Meyer And Pepa Gold Family Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Meyer And Pepa Gold Family Foundation covers tax period 202312. It shows revenue of $137,595, expenses of $229,238, total assets of $3,157,116, and liabilities of $1.
How much does Meyer And Pepa Gold Family Foundation spend on programs vs administration?
Based on IRS 990 analysis, Meyer And Pepa Gold Family Foundation allocates approximately 50% of expenses to program services, 40% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Meyer And Pepa Gold Family Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Meyer And Pepa Gold Family Foundation shows mixed signals. Mission Score: 60/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Meyer And Pepa Gold Family Foundation?
The following concerns were identified: Significant decline in revenue from $1,494,721 in 2015 to $137,595 in 2023 raises concerns about long-term financial sustainability.. High administrative expenses relative to program spending, for example, in 2023, expenses were $229,238 while revenue was $137,595, indicating a deficit covered by assets.. Lack of clear information regarding the nature of 'expenses' (x) and how much directly relates to programs versus administration.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Meyer And Pepa Gold Family Foundation's strengths?
Positive indicators for Meyer And Pepa Gold Family Foundation include: The foundation maintains a healthy asset base of over $3 million, providing a buffer against revenue fluctuations.. Consistent operation over a decade, indicating established presence.. Zero lobbying expenses ('l1,c0%') suggests a focus on direct charitable activities rather than political influence.. These findings are derived from AI analysis of the organization's financial filings.
How does Meyer And Pepa Gold Family Foundation compensate executives?
Executive compensation information is not explicitly detailed in the provided data, making a direct assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial decline in revenue and high administrative costs, what is the foundation's strategy for ensuring the long-term funding of its programs?
The provided data indicates a trend where expenses often exceed revenue, suggesting the foundation is drawing from its asset base. A clear strategy for revenue generation or expense reduction is not evident, which could impact future program capacity.
How does the foundation justify its administrative spending, which at times surpasses its reported revenue, and what specific activities fall under these 'expenses'?
Without a detailed breakdown of the 'expenses' (x), it's challenging to ascertain the specific administrative activities. However, the consistent high level of expenses relative to revenue, such as $229,238 in expenses against $137,595 in revenue in 2023, suggests a significant operational overhead that needs further justification.
Filing History
IRS 990 filing history for Meyer And Pepa Gold Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Meyer And Pepa Gold Family Foundation's revenue has grown by 34.7%, moving from $102K to $138K. Total assets increased by 30.6% over the same period, from $2.4M to $3.2M. Total functional expenses rose by 77.5%, from $129K to $229K. In its most recent filing year (2023), Meyer And Pepa Gold Family Foundation reported a deficit of $92K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $229K | $3.2M | $1 | — | View 990 |
| 2022 | $36K | $224K | $3.2M | $1 | — | View 990 |
| 2021 | $571K | $259K | $3.4M | $1 | — | View 990 |
| 2020 | $-18,351 | $172K | $3.1M | $1 | — | — |
| 2019 | $282K | $179K | $3.3M | $1 | — | — |
| 2015 | $1.5M | $208K | $3.6M | $1 | — | View 990 |
| 2014 | $116K | $160K | $2.3M | $1 | — | View 990 |
| 2013 | $111K | $132K | $2.3M | $1 | — | View 990 |
| 2012 | $141K | $137K | $2.4M | $1 | — | View 990 |
| 2011 | $102K | $129K | $2.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $229K, and assets of $3.2M (revenue +282.1% year-over-year).
- 2022: Revenue of $36K, expenses of $224K, and assets of $3.2M (revenue -93.7% year-over-year).
- 2021: Revenue of $571K, expenses of $259K, and assets of $3.4M.
- 2020: Revenue of $-18,351, expenses of $172K, and assets of $3.1M (revenue -106.5% year-over-year).
- 2019: Revenue of $282K, expenses of $179K, and assets of $3.3M (revenue -81.1% year-over-year).
- 2015: Revenue of $1.5M, expenses of $208K, and assets of $3.6M (revenue +1191.2% year-over-year).
- 2014: Revenue of $116K, expenses of $160K, and assets of $2.3M (revenue +4.5% year-over-year).
- 2013: Revenue of $111K, expenses of $132K, and assets of $2.3M (revenue -21.7% year-over-year).
- 2012: Revenue of $141K, expenses of $137K, and assets of $2.4M (revenue +38.4% year-over-year).
- 2011: Revenue of $102K, expenses of $129K, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meyer And Pepa Gold Family Foundation:
Data Sources and Methodology
This transparency report for Meyer And Pepa Gold 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.