Netherland America Foundation Incorporated
Netherland America Foundation shows consistent asset growth with fluctuating annual revenues and expenses.
EIN: 132989216 · New York, NY · NTEE: Q200 · Updated: 2026-03-28
Is Netherland America Foundation Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Netherland America Foundation Incorporated directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Netherland America Foundation Incorporated
Netherland America Foundation Incorporated (EIN: 132989216) is a nonprofit organization based in New York, NY, classified under NTEE code Q200. The organization reported total revenue of $10.5M and total assets of $10.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Netherland America Foundation Incorporated'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 Netherland America Foundation Incorporated with a Mission Score of 78 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Netherland America Foundation Incorporated allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation on the 990, which is unusual for an organization with assets nearing $10 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 Netherland America Foundation Incorporated's IRS 990 filings:
- Fluctuating annual revenues, indicating potential reliance on inconsistent funding streams.
- Periods of deficit spending, such as in 2022 where expenses exceeded revenues by $256,017.
- Consistent 0% officer compensation, which is unusual for an organization of this size and could mask compensation reported elsewhere or indicate a fully volunteer-led executive team.
Strengths
The following positive indicators were identified for Netherland America Foundation Incorporated:
- Consistent asset growth over the past decade, reaching $9,708,062 in 2023.
- Strong net asset position, with assets significantly exceeding liabilities ($9,708,062 vs. $217,443 in 2023).
- Positive net income in several recent years, including a substantial surplus of $1,394,755 in 2023.
- Extensive filing history (14 filings), indicating a commitment to transparency and compliance.
Frequently Asked Questions about Netherland America Foundation Incorporated
Is Netherland America Foundation Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Netherland America Foundation Incorporated (EIN: 132989216) some concerns. Mission Score: 78/100. 3 red flags identified, 4 strengths noted.
How does Netherland America Foundation Incorporated spend its money?
Netherland America Foundation Incorporated directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Netherland America Foundation Incorporated tax-deductible?
Netherland America Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 132989216). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Netherland America Foundation Incorporated a good charity?
Based on its consistent asset growth, positive net income in recent years (e.g., 2023), and reported 0% officer compensation, it appears to be a financially stable organization. However, a detailed breakdown of program spending versus administrative and fundraising costs from the full 990 would be needed for a definitive assessment of 'goodness' in terms of direct impact.
How has the organization's revenue trended over the past five years?
Revenue has fluctuated significantly: $2,501,391 (2019), $1,596,913 (2020), $2,894,571 (2021), $2,106,887 (2022), and $4,038,668 (2023). This indicates variability in funding sources or fundraising success.
What is the organization's financial stability given its assets and liabilities?
The organization appears financially stable, with assets of $9,708,062 and liabilities of $217,443 in 2023, resulting in a strong net asset position. This indicates a healthy balance sheet and ability to cover its obligations.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation suggests that the organization's key executives may be volunteers, or their compensation is structured in a way that it is not reported in this specific section of the 990, which warrants further investigation into the full filing for clarity on leadership compensation.
Filing History
IRS 990 filing history for Netherland America Foundation Incorporated showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Netherland America Foundation Incorporated's revenue has grown by 317.3%, moving from $968K to $4.0M. Total assets increased by 113.9% over the same period, from $4.5M to $9.7M. Total functional expenses rose by 201.7%, from $876K to $2.6M. In its most recent filing year (2023), Netherland America Foundation Incorporated reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $217K in liabilities against $9.7M in assets (debt-to-asset ratio: 2.2%), resulting in net assets of $9.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $2.6M | $9.7M | $217K | — | — |
| 2022 | $2.1M | $2.4M | $7.9M | $294K | — | — |
| 2021 | $2.9M | $2.6M | $8.7M | $132K | — | View 990 |
| 2020 | $1.6M | $1.8M | $8.0M | $259K | — | — |
| 2019 | $2.5M | $2.7M | $8.0M | $164K | — | View 990 |
| 2018 | $6.8M | $6.2M | $8.5M | $982K | — | View 990 |
| 2017 | $6.0M | $4.4M | $7.8M | $451K | — | — |
| 2016 | $1.8M | $1.6M | $5.4M | $135K | — | View 990 |
| 2015 | $1.8M | $1.9M | $5.1M | $121K | — | View 990 |
| 2014 | $1.6M | $1.1M | $5.3M | $109K | — | View 990 |
| 2013 | $1.6M | $1.4M | $5.3M | $159K | — | View 990 |
| 2012 | $645K | $822K | $4.6M | $114K | — | View 990 |
| 2011 | $1.6M | $742K | $4.4M | $93K | — | View 990 |
| 2010 | $968K | $876K | $4.5M | $115K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $2.6M, and assets of $9.7M (revenue +91.7% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.4M, and assets of $7.9M (revenue -27.2% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.6M, and assets of $8.7M (revenue +81.3% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.8M, and assets of $8.0M (revenue -36.2% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.7M, and assets of $8.0M (revenue -63.2% year-over-year).
- 2018: Revenue of $6.8M, expenses of $6.2M, and assets of $8.5M (revenue +12.7% year-over-year).
- 2017: Revenue of $6.0M, expenses of $4.4M, and assets of $7.8M (revenue +242.1% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.6M, and assets of $5.4M (revenue +0.3% year-over-year).
- 2015: Revenue of $1.8M, expenses of $1.9M, and assets of $5.1M (revenue +12.8% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.1M, and assets of $5.3M (revenue -4.1% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.4M, and assets of $5.3M (revenue +152.0% year-over-year).
- 2012: Revenue of $645K, expenses of $822K, and assets of $4.6M (revenue -60.3% year-over-year).
- 2011: Revenue of $1.6M, expenses of $742K, and assets of $4.4M (revenue +67.6% year-over-year).
- 2010: Revenue of $968K, expenses of $876K, and assets of $4.5M.
Data Sources and Methodology
This transparency report for Netherland America Foundation Incorporated 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.