New York Yankees Foundation Inc
New York Yankees Foundation shows fluctuating financial performance with recent asset growth and no reported executive compensation.
EIN: 136089577 · Bronx, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $1.9M |
| Program Spending | 85% |
| Net Assets | $1.4M |
| Transparency Score | 85/100 |
Is New York Yankees Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Yankees Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Yankees Foundation Inc
New York Yankees Foundation Inc (EIN: 136089577) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $5.3M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Yankees Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Yankees Foundation Inc is a mid-size nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.7M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$872K |
| Total Assets | $2.2M |
| Total Liabilities | $799K |
| Net Assets | $1.4M |
| Operating Margin | 31.7% |
| Debt-to-Asset Ratio | 36.8% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2023, New York Yankees Foundation Inc reported a surplus of $872K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 36.8% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Yankees Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +109.3% | +35.6% | +227.4% |
| 2022 | +251.1% | +28.7% | -33.7% |
| 2021 | -77.1% | -53.9% | -38.2% |
| 2020 | -35.8% | -4.3% | -34.1% |
| 2019 | +1.5% | -12.8% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
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 New York Yankees Foundation Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, New York Yankees 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 $872K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.8%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a nonprofit of its size.
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 New York Yankees Foundation Inc's IRS 990 filings:
- Inconsistent revenue generation over the past decade
- Multiple years where expenses exceeded revenue (e.g., 202204, 202104, 202004, 201804, 201704, 201604, 201404)
Strengths
The following positive indicators were identified for New York Yankees Foundation Inc:
- Consistent 0% officer compensation, indicating strong commitment to mission spending
- Significant asset growth in the most recent filing (from $662,617 in 202204 to $2,169,377 in 202304)
- Positive net income in the latest reported period (202304), showing financial recovery
- Strong overall asset base of $4,151,191
Frequently Asked Questions about New York Yankees Foundation Inc
Is New York Yankees Foundation Inc a legitimate charity?
New York Yankees Foundation Inc (EIN: 136089577) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does New York Yankees Foundation Inc spend its money?
New York Yankees Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to New York Yankees Foundation Inc tax-deductible?
New York Yankees Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136089577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of New York Yankees Foundation Inc's spending goes to programs?
New York Yankees Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is New York Yankees Foundation Inc located?
New York Yankees Foundation Inc is headquartered in Bronx, New York and files with the IRS under EIN 136089577.
How many years of IRS 990 filings does New York Yankees Foundation Inc have?
New York Yankees 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 $5.3M in total revenue.
Is New York Yankees Foundation Inc. financially stable?
The foundation's financial stability has fluctuated, with several years showing expenses exceeding revenue. However, the most recent filing (202304) indicates a positive net income and significant asset growth, suggesting improved stability.
How does the New York Yankees Foundation Inc. manage executive compensation?
The organization reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is a strong positive for directing funds to its mission.
What is the trend in the foundation's revenue and expenses?
Revenue and expenses have varied significantly over the years. For example, revenue dropped from $2,544,167 in 201904 to $374,114 in 202104, but rebounded to $2,749,787 in 202304. Expenses have also fluctuated, generally tracking revenue trends.
Filing History
IRS 990 filing history for New York Yankees Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Yankees Foundation Inc's revenue has grown by 28.4%, moving from $2.1M to $2.7M. Total assets decreased by 62.2% over the same period, from $5.7M to $2.2M. Total functional expenses fell by 31.1%, from $2.7M to $1.9M. In its most recent filing year (2023), New York Yankees Foundation Inc reported a surplus of $872K, with revenue exceeding expenses. The organization holds $799K in liabilities against $2.2M in assets (debt-to-asset ratio: 36.8%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.7M | $1.9M | $2.2M | $799K | — | View 990 |
| 2022 | $1.3M | $1.4M | $663K | $164K | — | View 990 |
| 2021 | $374K | $1.1M | $999K | $429K | — | View 990 |
| 2020 | $1.6M | $2.3M | $1.6M | $344K | — | View 990 |
| 2019 | $2.5M | $2.4M | $2.5M | $476K | — | View 990 |
| 2018 | $2.5M | $2.8M | $2.4M | $489K | — | View 990 |
| 2017 | $2.4M | $2.5M | $2.9M | $698K | — | View 990 |
| 2016 | $2.2M | $2.3M | $2.6M | $289K | — | View 990 |
| 2015 | $3.3M | $3.0M | $2.9M | $498K | — | View 990 |
| 2014 | $3.1M | $3.7M | $2.6M | $618K | — | View 990 |
| 2013 | $3.4M | $3.9M | $3.2M | $536K | — | View 990 |
| 2012 | $2.2M | $3.9M | $3.7M | $485K | — | View 990 |
| 2011 | $2.1M | $2.7M | $5.7M | $758K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.7M, expenses of $1.9M, and assets of $2.2M (revenue +109.3% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.4M, and assets of $663K (revenue +251.1% year-over-year).
- 2021: Revenue of $374K, expenses of $1.1M, and assets of $999K (revenue -77.1% year-over-year).
- 2020: Revenue of $1.6M, expenses of $2.3M, and assets of $1.6M (revenue -35.8% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.4M, and assets of $2.5M (revenue +1.5% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.8M, and assets of $2.4M (revenue +5.3% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.5M, and assets of $2.9M (revenue +9.2% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.3M, and assets of $2.6M (revenue -34.4% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.0M, and assets of $2.9M (revenue +7.0% year-over-year).
- 2014: Revenue of $3.1M, expenses of $3.7M, and assets of $2.6M (revenue -7.4% year-over-year).
- 2013: Revenue of $3.4M, expenses of $3.9M, and assets of $3.2M (revenue +55.7% year-over-year).
- 2012: Revenue of $2.2M, expenses of $3.9M, and assets of $3.7M (revenue +0.5% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.7M, and assets of $5.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Yankees Foundation Inc:
Data Sources and Methodology
This transparency report for New York Yankees 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.