Niederhoffer Foundation
Niederhoffer Foundation shows highly volatile revenue and expenses with no officer compensation reported.
EIN: 141858361 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $88K |
| Program Spending | 80% |
| Net Assets | $2.0M |
| Transparency Score | 70/100 |
Is Niederhoffer Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Niederhoffer Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Niederhoffer Foundation
Niederhoffer Foundation (EIN: 141858361) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $6.5M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Niederhoffer Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Niederhoffer Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $88K |
| Surplus / Deficit | $-61,873 |
| Total Assets | $2.0M |
| Total Liabilities | $1 |
| Net Assets | $2.0M |
| Operating Margin | -240.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 276.8 months |
Financial Health Grade: B
In 2023, Niederhoffer Foundation reported a deficit of $62K with expenses exceeding revenue, holds 276.8 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), Niederhoffer Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -98.8% | +202.0% | -3.3% |
| 2022 | +21099.0% | +36.9% | +251609.5% |
| 2021 | +999900.0% | +2694.3% | -93.1% |
| 2020 | -99.8% | -97.0% | -5.9% |
| 2019 | -100.0% | -98.6% | -99.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Niederhoffer Foundation with a Mission Score of 70 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: 80%
- fundraising: 5%
According to IRS 990 filings, Niederhoffer Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $62K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Niederhoffer Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is a strong positive for minimizing administrative costs.
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 Niederhoffer Foundation's IRS 990 filings:
- Highly inconsistent revenue and expense patterns year-over-year, making financial stability difficult to assess.
- Significant deficits in some years (e.g., 2023: $25,777 revenue vs. $87,650 expenses).
Strengths
The following positive indicators were identified for Niederhoffer Foundation:
- Consistently reports 0% officer compensation, indicating efficient use of funds regarding executive pay.
- Low liabilities across all reported periods ($0 or $1), suggesting sound debt management.
- Significant assets relative to recent expenses in some years (e.g., $2.09M assets vs. $29K expenses in 2022).
Frequently Asked Questions about Niederhoffer Foundation
Is Niederhoffer Foundation a legitimate charity?
Niederhoffer Foundation (EIN: 141858361) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.5M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Niederhoffer Foundation spend its money?
Niederhoffer Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Niederhoffer Foundation tax-deductible?
Niederhoffer Foundation is registered as a tax-exempt nonprofit (EIN: 141858361). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Niederhoffer Foundation's spending goes to programs?
Niederhoffer Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Niederhoffer Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Niederhoffer Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Niederhoffer Foundation located?
Niederhoffer Foundation is headquartered in New York, New York and files with the IRS under EIN 141858361. It is classified under NTEE code T20.
How many years of IRS 990 filings does Niederhoffer Foundation have?
Niederhoffer 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 $6.5M in total revenue.
Why is the Niederhoffer Foundation's revenue and expenses so inconsistent year-over-year?
The filings show extreme fluctuations, such as $2.1M revenue in 2022 vs. $25K in 2023, and $10K revenue in 2021. This suggests an irregular funding model or project-based operations that vary significantly in scale.
What are the primary program activities of the Niederhoffer Foundation?
The NTEE code T20 indicates 'Philanthropy, Voluntarism & Grantmaking Foundations'. Without more detailed expense breakdowns, it's difficult to pinpoint specific program areas or grant recipients.
How does the organization manage to operate with such low expenses in some years, like $29,025 in 2022?
The extremely low expenses in certain years, especially relative to revenue, suggest minimal operational costs or that significant activities might be conducted by volunteers or through in-kind contributions not fully reflected as expenses.
Filing History
IRS 990 filing history for Niederhoffer Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Niederhoffer Foundation's revenue has grown by 240.4%, moving from $8K to $26K. Total assets increased by 341.6% over the same period, from $458K to $2.0M. Total functional expenses fell by 31.8%, from $128K to $88K. In its most recent filing year (2023), Niederhoffer Foundation reported a deficit of $62K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $88K | $2.0M | $1 | — | View 990 |
| 2022 | $2.1M | $29K | $2.1M | $1 | — | View 990 |
| 2021 | $10K | $21K | $831 | $1 | — | View 990 |
| 2020 | $1 | $759 | $12K | $1 | — | — |
| 2019 | $438 | $25K | $13K | $1 | — | View 990 |
| 2015 | $3.1M | $1.8M | $1.4M | $0 | — | View 990 |
| 2014 | $610K | $604K | $179K | $0 | — | View 990 |
| 2013 | $5K | $225K | $173K | $0 | — | View 990 |
| 2012 | $6K | $72K | $392K | $0 | — | View 990 |
| 2011 | $8K | $128K | $458K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $88K, and assets of $2.0M (revenue -98.8% year-over-year).
- 2022: Revenue of $2.1M, expenses of $29K, and assets of $2.1M (revenue +21099.0% year-over-year).
- 2021: Revenue of $10K, expenses of $21K, and assets of $831 (revenue +999900.0% year-over-year).
- 2020: Revenue of $1, expenses of $759, and assets of $12K (revenue -99.8% year-over-year).
- 2019: Revenue of $438, expenses of $25K, and assets of $13K (revenue -100.0% year-over-year).
- 2015: Revenue of $3.1M, expenses of $1.8M, and assets of $1.4M (revenue +411.1% year-over-year).
- 2014: Revenue of $610K, expenses of $604K, and assets of $179K (revenue +11390.9% year-over-year).
- 2013: Revenue of $5K, expenses of $225K, and assets of $173K (revenue -15.3% year-over-year).
- 2012: Revenue of $6K, expenses of $72K, and assets of $392K (revenue -17.2% year-over-year).
- 2011: Revenue of $8K, expenses of $128K, and assets of $458K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Niederhoffer Foundation:
Data Sources and Methodology
This transparency report for Niederhoffer 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.