Moric & Elsa Bistricen Foundation
Moric & Elsa Bistricen Foundation maintains strong asset growth with zero reported officer compensation.
EIN: 112914881 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $24 |
| Net Assets | $24.4M |
| Transparency Score | 85/100 |
Is Moric & Elsa Bistricen Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Moric & Elsa Bistricen Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Moric & Elsa Bistricen Foundation
Moric & Elsa Bistricen Foundation (EIN: 112914881) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $3.1M and total assets of $24.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Moric & Elsa Bistricen Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Moric & Elsa Bistricen Foundation is a mid-size nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$461K |
| Total Assets | $24.4M |
| Total Liabilities | $1 |
| Net Assets | $24.4M |
| Operating Margin | 29.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 265.9 months |
Financial Health Grade: A
In 2023, Moric & Elsa Bistricen Foundation reported a surplus of $461K with revenue exceeding expenses, holds 265.9 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), Moric & Elsa Bistricen Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.9% | -0.2% | +1.8% |
| 2022 | -1.6% | -8.2% | +1.6% |
| 2021 | -1.9% | +39.0% | +4.6% |
| 2020 | +94.9% | +26.1% | +3.1% |
| 2019 | +75.4% | -32.1% | +53.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Moric & Elsa Bistricen 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, Moric & Elsa Bistricen 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 surplus of $461K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that the foundation's officers are not compensated, which is highly unusual for an organization with assets exceeding $24 million and annual expenses over $1 million.
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 Moric & Elsa Bistricen Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- NTEE code unknown, making it difficult to assess mission alignment and sector efficiency benchmarks
Strengths
The following positive indicators were identified for Moric & Elsa Bistricen Foundation:
- Consistent asset growth, reaching $24,686,814 in the latest period.
- Zero reported officer compensation across all filings, indicating high resource allocation efficiency at the leadership level.
- Strong financial health with liabilities consistently reported as minimal (often $1).
- Expenses consistently lower than revenue, allowing for capital accumulation.
- Robust filing history with 10 IRS 990 forms, indicating good compliance.
Frequently Asked Questions about Moric & Elsa Bistricen Foundation
Is Moric & Elsa Bistricen Foundation a legitimate charity?
Moric & Elsa Bistricen Foundation (EIN: 112914881) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.1M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does Moric & Elsa Bistricen Foundation spend its money?
Moric & Elsa Bistricen Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Moric & Elsa Bistricen Foundation tax-deductible?
Moric & Elsa Bistricen Foundation is registered as a tax-exempt nonprofit (EIN: 112914881). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Moric & Elsa Bistricen Foundation CEO make?
Moric & Elsa Bistricen Foundation's highest-compensated officer earns $24 annually. The organization reported $3.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Moric & Elsa Bistricen Foundation located?
Moric & Elsa Bistricen Foundation is headquartered in Brooklyn, New York and files with the IRS under EIN 112914881.
How many years of IRS 990 filings does Moric & Elsa Bistricen Foundation have?
Moric & Elsa Bistricen 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 $3.1M in total revenue.
Is Moric & Elsa Bistricen Foundation a good charity?
Based on the available data, the foundation exhibits strong financial health, consistent asset growth, and a remarkable commitment to not compensating its officers. This suggests a high potential for funds to be directed towards its mission. However, without specific program details, it's difficult to fully assess its impact.
How does the foundation manage its expenses?
The foundation consistently spends less than its revenue, as seen in 202304 where expenses were $1,099,732 against $1,560,470 in revenue. This conservative spending allows for asset accumulation. The 0% officer compensation also indicates a lean operational structure at the leadership level.
What is the trend in the foundation's assets?
The foundation's assets have shown consistent growth, increasing from $12,080,007 in 201104 to $24,686,814 in the latest period, nearly doubling over the past decade. This indicates strong financial stewardship and investment.
Filing History
IRS 990 filing history for Moric & Elsa Bistricen Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Moric & Elsa Bistricen Foundation's revenue has grown by 230.8%, moving from $472K to $1.6M. Total assets increased by 101.7% over the same period, from $12.1M to $24.4M. Total functional expenses rose by 24.5%, from $883K to $1.1M. In its most recent filing year (2023), Moric & Elsa Bistricen Foundation reported a surplus of $461K, with revenue exceeding expenses. The organization holds $1 in liabilities against $24.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $24.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.1M | $24.4M | $1 | — | View 990 |
| 2022 | $1.5M | $1.1M | $23.9M | $1 | — | View 990 |
| 2021 | $1.5M | $1.2M | $23.6M | $1 | — | View 990 |
| 2020 | $1.6M | $863K | $22.5M | $1 | — | View 990 |
| 2019 | $798K | $684K | $21.9M | $25K | — | View 990 |
| 2015 | $455K | $1.0M | $14.3M | $1 | — | View 990 |
| 2014 | $3.8M | $134K | $15.2M | $3K | — | View 990 |
| 2013 | $482K | $683K | $11.8M | $1 | — | View 990 |
| 2012 | $460K | $245K | $12.3M | $0 | — | View 990 |
| 2011 | $472K | $883K | $12.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.1M, and assets of $24.4M (revenue +3.9% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.1M, and assets of $23.9M (revenue -1.6% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.2M, and assets of $23.6M (revenue -1.9% year-over-year).
- 2020: Revenue of $1.6M, expenses of $863K, and assets of $22.5M (revenue +94.9% year-over-year).
- 2019: Revenue of $798K, expenses of $684K, and assets of $21.9M (revenue +75.4% year-over-year).
- 2015: Revenue of $455K, expenses of $1.0M, and assets of $14.3M (revenue -88.1% year-over-year).
- 2014: Revenue of $3.8M, expenses of $134K, and assets of $15.2M (revenue +691.9% year-over-year).
- 2013: Revenue of $482K, expenses of $683K, and assets of $11.8M (revenue +4.7% year-over-year).
- 2012: Revenue of $460K, expenses of $245K, and assets of $12.3M (revenue -2.4% year-over-year).
- 2011: Revenue of $472K, expenses of $883K, and assets of $12.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Moric & Elsa Bistricen Foundation:
Data Sources and Methodology
This transparency report for Moric & Elsa Bistricen 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.