Nash Family Foundation Inc
Nash Family Foundation consistently spends more than it earns, drawing down assets over a decade.
EIN: 136168559 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $25.5M |
| Total Expenses | $10.4M |
| Program Spending | 85% |
| Net Assets | $9.0M |
| Transparency Score | 65/100 |
Is Nash 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 →
Nash Family Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nash Family Foundation Inc
Nash Family Foundation Inc (EIN: 136168559) is a nonprofit organization based in New York, NY. The organization reported total revenue of $25.5M and total assets of $13.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nash Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nash Family Foundation Inc is a large nonprofit that has been operating for 61 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.6M |
| Total Expenses | $10.4M |
| Surplus / Deficit | $-3,818,468 |
| Total Assets | $9.0M |
| Total Liabilities | $1 |
| Net Assets | $9.0M |
| Operating Margin | -57.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 10.4 months |
Financial Health Grade: B
In 2023, Nash Family Foundation Inc reported a deficit of $3.8M with expenses exceeding revenue, holds 10.4 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), Nash Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +79.1% | +6.7% | -38.8% |
| 2022 | -81.7% | +18.5% | -38.6% |
| 2021 | +718.2% | -17.8% | +35.4% |
| 2020 | -86.4% | -3.8% | -33.0% |
| 2019 | +121.3% | +11.7% | -33.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
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 Nash Family Foundation Inc with a Mission Score of 65 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, Nash Family 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3.8M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees are receiving compensation, which is highly unusual for an organization with significant expenses and assets, suggesting a volunteer-led or externally managed structure.
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 Nash Family Foundation Inc's IRS 990 filings:
- Consistent deficit spending, with expenses exceeding revenue in most years (e.g., 2023: $10.4M expenses vs. $6.5M revenue).
- Significant decline in total assets over time, from $63.9M in 2011 to $9.0M in 2023, indicating asset depletion.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, making efficiency analysis difficult.
- 0% officer compensation for an organization with substantial expenses and assets, which is unusual and could imply uncompensated leadership or external management not reflected as officer pay.
Strengths
The following positive indicators were identified for Nash Family Foundation Inc:
- Extremely low liabilities across all periods (e.g., $1 in 2023), indicating strong debt management.
- Transparency regarding executive compensation, reporting 0% officer compensation.
- Significant asset base, even after decline, providing substantial resources for philanthropic activities.
Frequently Asked Questions about Nash Family Foundation Inc
Is Nash Family Foundation Inc a legitimate charity?
Nash Family Foundation Inc (EIN: 136168559) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $25.5M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Nash Family Foundation Inc spend its money?
Nash Family Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nash Family Foundation Inc tax-deductible?
Nash Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136168559). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nash Family Foundation Inc's spending goes to programs?
Nash Family Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nash Family Foundation Inc located?
Nash Family Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136168559.
How many years of IRS 990 filings does Nash Family Foundation Inc have?
Nash Family Foundation Inc 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 $25.5M in total revenue.
Why has the foundation's asset base decreased so significantly over the past decade?
The foundation's assets have decreased from $63,963,731 in 2011 to $9,002,907 in 2023, largely due to expenses consistently exceeding revenue in most years, indicating a strategy of spending down its endowment.
What is the nature of the foundation's expenses if officer compensation is 0%?
With 0% officer compensation, the expenses of the foundation, which have ranged from $8,229,640 to $14,918,195 annually, are likely allocated to grants, program services, and potentially outsourced administrative or investment management fees.
Is the foundation financially sustainable given its revenue and expense trends?
Based on the provided data, the foundation is not financially sustainable in the long term if it continues to operate with expenses consistently exceeding revenue, as it is depleting its asset base.
What is the primary source of the foundation's revenue fluctuations?
The data does not specify the primary source of revenue, but the significant fluctuations (e.g., $2.4M in 2020 vs. $20.1M in 2021) suggest reliance on investment returns, large one-time donations, or specific grant cycles rather than consistent operational income.
Filing History
IRS 990 filing history for Nash Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Nash Family Foundation Inc's revenue has grown by 97.7%, moving from $3.3M to $6.6M. Total assets decreased by 85.9% over the same period, from $64.0M to $9.0M. Total functional expenses fell by 30.2%, from $14.9M to $10.4M. In its most recent filing year (2023), Nash Family Foundation Inc reported a deficit of $3.8M, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.6M | $10.4M | $9.0M | $1 | — | — |
| 2022 | $3.7M | $9.8M | $14.7M | $1 | — | View 990 |
| 2021 | $20.1M | $8.2M | $24.0M | $1 | — | View 990 |
| 2020 | $2.5M | $10.0M | $17.7M | $1 | — | View 990 |
| 2019 | $18.1M | $10.4M | $26.4M | $1 | — | View 990 |
| 2015 | $8.2M | $9.3M | $39.5M | $2K | — | View 990 |
| 2014 | $5.4M | $10.3M | $44.2M | $2K | — | View 990 |
| 2013 | $7.4M | $10.7M | $47.2M | $1 | — | View 990 |
| 2012 | $7.8M | $12.3M | $52.3M | $2K | — | View 990 |
| 2011 | $3.3M | $14.9M | $64.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.6M, expenses of $10.4M, and assets of $9.0M (revenue +79.1% year-over-year).
- 2022: Revenue of $3.7M, expenses of $9.8M, and assets of $14.7M (revenue -81.7% year-over-year).
- 2021: Revenue of $20.1M, expenses of $8.2M, and assets of $24.0M (revenue +718.2% year-over-year).
- 2020: Revenue of $2.5M, expenses of $10.0M, and assets of $17.7M (revenue -86.4% year-over-year).
- 2019: Revenue of $18.1M, expenses of $10.4M, and assets of $26.4M (revenue +121.3% year-over-year).
- 2015: Revenue of $8.2M, expenses of $9.3M, and assets of $39.5M (revenue +51.0% year-over-year).
- 2014: Revenue of $5.4M, expenses of $10.3M, and assets of $44.2M (revenue -26.4% year-over-year).
- 2013: Revenue of $7.4M, expenses of $10.7M, and assets of $47.2M (revenue -6.1% year-over-year).
- 2012: Revenue of $7.8M, expenses of $12.3M, and assets of $52.3M (revenue +135.2% year-over-year).
- 2011: Revenue of $3.3M, expenses of $14.9M, and assets of $64.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nash Family Foundation Inc:
Data Sources and Methodology
This transparency report for Nash 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.