National Book Foundation Inc
National Book Foundation Inc. maintains stable finances with consistent asset growth and no reported officer compensation.
EIN: 133347524 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $2.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $4.5M |
| Transparency Score | 90/100 |
Is National Book Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
National Book Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About National Book Foundation Inc
National Book Foundation Inc (EIN: 133347524) is a nonprofit organization based in New York, NY. The organization reported total revenue of $3.6M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of National Book Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
National Book Foundation Inc is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.4M |
| Surplus / Deficit | +$19K |
| Total Assets | $4.8M |
| Total Liabilities | $336K |
| Net Assets | $4.5M |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 7.0% |
| Months of Reserves | 24.4 months |
Financial Health Grade: A
In 2023, National Book Foundation Inc reported a surplus of $19K with revenue exceeding expenses, holds 24.4 months of operating reserves (strong position), has a debt-to-asset ratio of 7.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), National Book Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -37.5% | -35.3% | +2.8% |
| 2022 | +18.6% | +20.6% | +1.4% |
| 2021 | +111.3% | +70.9% | +15.6% |
| 2020 | -21.1% | -10.3% | -5.2% |
| 2019 | -32.4% | +51.3% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 National Book Foundation Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, National Book 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 surplus of $19K, with revenue exceeding expenses.
- Debt-to-asset ratio: 7.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization with annual revenues exceeding $2 million and assets nearing $5 million, suggesting either a volunteer leadership model or compensation being covered by other entities.
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 National Book Foundation Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this size, which might indicate compensation is paid by a related entity or not fully disclosed.
Strengths
The following positive indicators were identified for National Book Foundation Inc:
- Consistent asset growth, from $2,478,910 in 2014 to $4,829,963 in 2023, indicating strong financial management.
- Positive net income in most recent years (e.g., 2023 revenue of $2,395,970 vs. expenses of $2,376,616), demonstrating operational efficiency.
- Zero reported officer compensation across all filings, suggesting a high dedication of funds to mission-related activities.
- Consistent filing of IRS Form 990s over 13 periods, indicating strong transparency and compliance.
Frequently Asked Questions about National Book Foundation Inc
Is National Book Foundation Inc a legitimate charity?
National Book Foundation Inc (EIN: 133347524) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does National Book Foundation Inc spend its money?
National Book Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to National Book Foundation Inc tax-deductible?
National Book Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133347524). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the National Book Foundation Inc CEO make?
National Book Foundation Inc's highest-compensated officer earns $2 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of National Book Foundation Inc's spending goes to programs?
National Book Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is National Book Foundation Inc located?
National Book Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133347524.
How many years of IRS 990 filings does National Book Foundation Inc have?
National Book Foundation Inc has 13 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 $3.6M in total revenue.
Is National Book Foundation Inc. financially stable?
Yes, the organization appears financially stable. Its assets have consistently grown, reaching $4,829,963 in 2023, and it has maintained a positive net income in most recent years, such as in 2023 where revenue ($2,395,970) exceeded expenses ($2,376,616).
How does National Book Foundation Inc. manage executive compensation?
The National Book Foundation Inc. reports 0% officer compensation across all 13 available filings, indicating that no officers received salaries or other compensation directly from the organization.
Has the organization's financial health improved over time?
Yes, the organization's financial health has generally improved. Assets have nearly doubled from $2,478,910 in 2014 to $4,829,963 in 2023, demonstrating consistent growth and accumulation of resources.
Filing History
IRS 990 filing history for National Book Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), National Book Foundation Inc's revenue has grown by 82.6%, moving from $1.3M to $2.4M. Total assets increased by 101% over the same period, from $2.4M to $4.8M. Total functional expenses rose by 73.8%, from $1.4M to $2.4M. In its most recent filing year (2023), National Book Foundation Inc reported a surplus of $19K, with revenue exceeding expenses. The organization holds $336K in liabilities against $4.8M in assets (debt-to-asset ratio: 7.0%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.4M | $4.8M | $336K | — | View 990 |
| 2022 | $3.8M | $3.7M | $4.7M | $214K | — | View 990 |
| 2021 | $3.2M | $3.0M | $4.6M | $274K | — | View 990 |
| 2020 | $1.5M | $1.8M | $4.0M | $290K | — | View 990 |
| 2019 | $1.9M | $2.0M | $4.2M | $237K | — | View 990 |
| 2018 | $2.9M | $1.3M | $4.1M | $213K | — | View 990 |
| 2017 | $1.5M | $1.5M | $2.5M | $238K | — | View 990 |
| 2016 | $1.3M | $1.5M | $2.3M | $155K | — | View 990 |
| 2015 | $1.3M | $1.3M | $2.6M | $191K | — | View 990 |
| 2014 | $1.7M | $1.3M | $2.5M | $174K | — | View 990 |
| 2013 | $1.3M | $1.3M | $2.4M | $167K | — | View 990 |
| 2012 | $1.0M | $1.2M | $2.2M | $125K | — | View 990 |
| 2011 | $1.3M | $1.4M | $2.4M | $114K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.4M, and assets of $4.8M (revenue -37.5% year-over-year).
- 2022: Revenue of $3.8M, expenses of $3.7M, and assets of $4.7M (revenue +18.6% year-over-year).
- 2021: Revenue of $3.2M, expenses of $3.0M, and assets of $4.6M (revenue +111.3% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.8M, and assets of $4.0M (revenue -21.1% year-over-year).
- 2019: Revenue of $1.9M, expenses of $2.0M, and assets of $4.2M (revenue -32.4% year-over-year).
- 2018: Revenue of $2.9M, expenses of $1.3M, and assets of $4.1M (revenue +95.8% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $2.5M (revenue +11.9% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.5M, and assets of $2.3M (revenue -1.8% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $2.6M (revenue -20.8% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.3M, and assets of $2.5M (revenue +26.2% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $2.4M (revenue +28.5% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.2M, and assets of $2.2M (revenue -20.8% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.4M, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for National Book Foundation Inc:
Data Sources and Methodology
This transparency report for National Book 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.