Michael Fux Foundation Inc
Michael Fux Foundation shows volatile finances with no officer compensation and fluctuating asset base.
EIN: 204210046 · W Long Branch, NJ · NTEE: T90 · Updated: 2026-03-28
Is Michael Fux Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Michael Fux Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Michael Fux Foundation Inc
Michael Fux Foundation Inc (EIN: 204210046) is a nonprofit organization based in W Long Branch, NJ, classified under NTEE code T90. The organization reported total revenue of $677K and total assets of $137K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Michael Fux Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Michael Fux Foundation Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Michael Fux Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The Michael Fux Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly favorable for directing funds to its programs.
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 Michael Fux Foundation Inc's IRS 990 filings:
- Inconsistent financial performance with significant year-over-year fluctuations in revenue and expenses.
- Periods where liabilities exceed assets (e.g., 2023: assets $189,993, liabilities $203,225), suggesting potential solvency issues.
- Volatile asset base, making long-term financial planning and stability challenging.
Strengths
The following positive indicators were identified for Michael Fux Foundation Inc:
- Consistent 0% officer compensation, indicating strong financial efficiency and dedication to mission.
- Ability to generate significant revenue in certain years (e.g., $989,032 in 2014, $749,055 in 2020).
- Demonstrates a commitment to its mission by not allocating funds to executive salaries.
Frequently Asked Questions about Michael Fux Foundation Inc
Is Michael Fux Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Michael Fux Foundation Inc (EIN: 204210046) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Michael Fux Foundation Inc spend its money?
Michael Fux Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Michael Fux Foundation Inc tax-deductible?
Michael Fux Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204210046). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Michael Fux Foundation Inc. financially stable?
The foundation's financial stability is inconsistent. While it has periods of strong revenue, its assets and liabilities fluctuate significantly, with some years showing liabilities exceeding assets (e.g., 2023: assets $189,993, liabilities $203,225), indicating potential liquidity concerns.
How efficiently does Michael Fux Foundation Inc. spend its money?
The foundation appears to be efficient in its spending, particularly given the 0% officer compensation. While specific program, administrative, and fundraising breakdowns are not detailed in the provided data, the consistent lack of executive pay suggests a high proportion of funds likely go towards its mission.
What are the trends in the foundation's revenue and expenses?
Revenue and expenses have been highly variable. For example, revenue ranged from $122,500 in 2021 to $989,032 in 2014, and expenses from $139,543 in 2021 to $840,913 in 2015. This indicates an inconsistent operational scale year-to-year.
Filing History
IRS 990 filing history for Michael Fux Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Michael Fux Foundation Inc's revenue has grown by 25.6%, moving from $494K to $620K. Total assets increased by 13.9% over the same period, from $167K to $190K. Total functional expenses fell by 8.7%, from $679K to $620K. In its most recent filing year (2023), Michael Fux Foundation Inc reported a surplus of $488, with revenue exceeding expenses. The organization holds $203K in liabilities against $190K in assets (debt-to-asset ratio: 107.0%), resulting in net assets of $-13,232.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $620K | $620K | $190K | $203K | — | — |
| 2022 | $618K | $708K | $70K | $84K | — | View 990 |
| 2021 | $123K | $140K | $134K | $58K | — | View 990 |
| 2020 | $749K | $434K | $151K | $58K | — | View 990 |
| 2019 | $605K | $773K | $121K | $343K | — | View 990 |
| 2015 | $959K | $841K | $434K | $25K | — | View 990 |
| 2014 | $989K | $809K | $358K | $67K | — | View 990 |
| 2013 | $295K | $413K | $233K | $122K | — | View 990 |
| 2012 | $667K | $504K | $309K | $80K | — | View 990 |
| 2011 | $494K | $679K | $167K | $101K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $620K, expenses of $620K, and assets of $190K (revenue +0.4% year-over-year).
- 2022: Revenue of $618K, expenses of $708K, and assets of $70K (revenue +404.4% year-over-year).
- 2021: Revenue of $123K, expenses of $140K, and assets of $134K (revenue -83.6% year-over-year).
- 2020: Revenue of $749K, expenses of $434K, and assets of $151K (revenue +23.8% year-over-year).
- 2019: Revenue of $605K, expenses of $773K, and assets of $121K (revenue -36.9% year-over-year).
- 2015: Revenue of $959K, expenses of $841K, and assets of $434K (revenue -3.1% year-over-year).
- 2014: Revenue of $989K, expenses of $809K, and assets of $358K (revenue +235.2% year-over-year).
- 2013: Revenue of $295K, expenses of $413K, and assets of $233K (revenue -55.8% year-over-year).
- 2012: Revenue of $667K, expenses of $504K, and assets of $309K (revenue +35.1% year-over-year).
- 2011: Revenue of $494K, expenses of $679K, and assets of $167K.
Data Sources and Methodology
This transparency report for Michael Fux 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.