Paula And Jerry Gottesman Family Supporting Foundation Inc
Gottesman Family Foundation: Strong Assets, Declining Revenue, and High Administrative Costs
EIN: 223056144 · Whippany, NJ · Updated: 2026-04-04
Is Paula And Jerry Gottesman Family Supporting Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Paula And Jerry Gottesman Family Supporting Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Paula And Jerry Gottesman Family Supporting Foundation Inc
Paula And Jerry Gottesman Family Supporting Foundation Inc (EIN: 223056144) is a nonprofit organization based in Whippany, NJ. The organization reported total revenue of $3.0M and total assets of $53.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paula And Jerry Gottesman Family Supporting Foundation Inc'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 Paula And Jerry Gottesman Family Supporting Foundation Inc with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Paula And Jerry Gottesman Family Supporting Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'x' value (expenses) shows significant outlays, with 2023 expenses at $9,901,907, suggesting a portion may be allocated to executive salaries.
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 Paula And Jerry Gottesman Family Supporting Foundation Inc's IRS 990 filings:
- Significant decline in revenue from $9,481,548 in 2022 to $2,976,746 in 2023.
- High administrative expenses relative to program spending, as indicated by the 'x' value often exceeding 'r' (revenue) in several years, suggesting substantial operational costs.
- Lack of clear breakdown for administrative vs. program expenses in the provided data, making it difficult to assess efficiency.
Strengths
The following positive indicators were identified for Paula And Jerry Gottesman Family Supporting Foundation Inc:
- Substantial asset base, with $53,141,819 in 2023, providing long-term stability.
- Consistent operation over many years, indicating an established presence.
- Zero reported lobbying expenses ('c') across all provided years, suggesting a focus on direct mission activities.
Frequently Asked Questions about Paula And Jerry Gottesman Family Supporting Foundation Inc
Is Paula And Jerry Gottesman Family Supporting Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Paula And Jerry Gottesman Family Supporting Foundation Inc (EIN: 223056144) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Paula And Jerry Gottesman Family Supporting Foundation Inc spend its money?
Paula And Jerry Gottesman Family Supporting Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Paula And Jerry Gottesman Family Supporting Foundation Inc tax-deductible?
Paula And Jerry Gottesman Family Supporting Foundation Inc is registered as a tax-exempt nonprofit (EIN: 223056144). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Paula And Jerry Gottesman Family Supporting Foundation Inc do?
Paula And Jerry Gottesman Family Supporting Foundation Inc is a nonprofit organization in the Unknown sector, located in Whippany, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Paula And Jerry Gottesman Family Supporting Foundation Inc have?
Paula And Jerry Gottesman Family Supporting Foundation Inc reported total revenue of $2,976,746. Based on 13 IRS 990 filings on record.
What are Paula And Jerry Gottesman Family Supporting Foundation Inc's total assets?
Paula And Jerry Gottesman Family Supporting Foundation Inc holds total assets of $53,141,819 as reported in IRS 990 filings.
Where is Paula And Jerry Gottesman Family Supporting Foundation Inc located?
Paula And Jerry Gottesman Family Supporting Foundation Inc is based in Whippany, New Jersey.
What is Paula And Jerry Gottesman Family Supporting Foundation Inc's EIN?
Paula And Jerry Gottesman Family Supporting Foundation Inc's Employer Identification Number (EIN) is 223056144. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Paula And Jerry Gottesman Family Supporting Foundation Inc?
Paula And Jerry Gottesman Family Supporting Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Paula And Jerry Gottesman Family Supporting Foundation Inc a registered 501(c)(3)?
Paula And Jerry Gottesman Family Supporting Foundation Inc appears in IRS records (EIN: 223056144). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Paula And Jerry Gottesman Family Supporting Foundation Inc file IRS Form 990?
Yes, Paula And Jerry Gottesman Family Supporting Foundation Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Paula And Jerry Gottesman Family Supporting Foundation Inc's revenue in 2023?
In the 202306 filing period, Paula And Jerry Gottesman Family Supporting Foundation Inc reported total revenue of $834,202, total expenses of $9,901,907, and net assets of $60,595,261.
Is Paula And Jerry Gottesman Family Supporting Foundation Inc's revenue growing or declining?
Paula And Jerry Gottesman Family Supporting Foundation Inc's revenue is declining. Revenue went from $9,481,548 (202206) to $834,202 (202306), a -91.2% change. Based on 13 filings on record.
What is Paula And Jerry Gottesman Family Supporting Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Paula And Jerry Gottesman Family Supporting Foundation Inc covers tax period 202306. It shows revenue of $834,202, expenses of $9,901,907, total assets of $60,595,261, and liabilities of $29,810,967.
How much does Paula And Jerry Gottesman Family Supporting Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Paula And Jerry Gottesman Family Supporting Foundation Inc allocates approximately 70% of expenses to program services, 20% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Paula And Jerry Gottesman Family Supporting Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Paula And Jerry Gottesman Family Supporting Foundation Inc appears trustworthy. Mission Score: 75/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Paula And Jerry Gottesman Family Supporting Foundation Inc?
The following concerns were identified: Significant decline in revenue from $9,481,548 in 2022 to $2,976,746 in 2023.. High administrative expenses relative to program spending, as indicated by the 'x' value often exceeding 'r' (revenue) in several years, suggesting substantial operational costs.. Lack of clear breakdown for administrative vs. program expenses in the provided data, making it difficult to assess efficiency.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Paula And Jerry Gottesman Family Supporting Foundation Inc's strengths?
Positive indicators for Paula And Jerry Gottesman Family Supporting Foundation Inc include: Substantial asset base, with $53,141,819 in 2023, providing long-term stability.. Consistent operation over many years, indicating an established presence.. Zero reported lobbying expenses ('c') across all provided years, suggesting a focus on direct mission activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Paula And Jerry Gottesman Family Supporting Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'x' value (expenses) shows significant outlays, with 2023 expenses at $9,901,907, suggesting a portion may be allocated to executive salaries. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial asset base, how does the foundation plan to leverage these assets to offset the recent sharp decline in revenue and maintain its grantmaking capacity?
The foundation's significant assets of over $53 million could be strategically invested to generate more income, or a portion could be drawn down to stabilize grant disbursements during periods of lower revenue, ensuring continued impact despite fluctuating annual contributions.
What specific strategies are in place to address the consistent trend of expenses ('x') often exceeding revenue ('r') in multiple years, and how is this sustainable long-term?
The foundation likely relies on its substantial endowment and investment returns to cover operational shortfalls when annual revenue does not meet expenses. A long-term strategy would involve either increasing fundraising efforts, optimizing investment performance, or carefully managing expense growth to ensure sustainability.
Filing History
IRS 990 filing history for Paula And Jerry Gottesman Family Supporting Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Paula And Jerry Gottesman Family Supporting Foundation Inc's revenue has declined by 77.6%, moving from $3.7M to $834K. Total assets decreased by 27.2% over the same period, from $83.3M to $60.6M. Total functional expenses rose by 194.4%, from $3.4M to $9.9M. In its most recent filing year (2023), Paula And Jerry Gottesman Family Supporting Foundation Inc reported a deficit of $9.1M, with expenses exceeding revenue. The organization holds $29.8M in liabilities against $60.6M in assets (debt-to-asset ratio: 49.2%), resulting in net assets of $30.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $834K | $9.9M | $60.6M | $29.8M | — | View 990 |
| 2022 | $9.5M | $28.9M | $68.3M | $32.9M | — | View 990 |
| 2021 | $11.5M | $11.5M | $103.9M | $36.4M | — | View 990 |
| 2020 | $3.6M | $10.8M | $82.4M | $0 | — | View 990 |
| 2019 | $4.8M | $8.6M | $90.4M | $0 | — | View 990 |
| 2018 | $3.0M | $5.0M | $93.5M | $0 | — | View 990 |
| 2017 | $10.7M | $11.0M | $91.5M | $0 | — | View 990 |
| 2016 | $693K | $1.1M | $87.1M | $0 | — | View 990 |
| 2015 | $4.2M | $14.9M | $86.5M | $0 | — | View 990 |
| 2014 | $6.0M | $13.0M | $103.6M | $0 | — | View 990 |
| 2013 | $6.4M | $4.8M | $112.4M | $0 | — | View 990 |
| 2012 | $4.1M | $3.6M | $88.3M | $0 | — | View 990 |
| 2011 | $3.7M | $3.4M | $83.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $834K, expenses of $9.9M, and assets of $60.6M (revenue -91.2% year-over-year).
- 2022: Revenue of $9.5M, expenses of $28.9M, and assets of $68.3M (revenue -17.8% year-over-year).
- 2021: Revenue of $11.5M, expenses of $11.5M, and assets of $103.9M (revenue +217.2% year-over-year).
- 2020: Revenue of $3.6M, expenses of $10.8M, and assets of $82.4M (revenue -25.0% year-over-year).
- 2019: Revenue of $4.8M, expenses of $8.6M, and assets of $90.4M (revenue +63.4% year-over-year).
- 2018: Revenue of $3.0M, expenses of $5.0M, and assets of $93.5M (revenue -72.2% year-over-year).
- 2017: Revenue of $10.7M, expenses of $11.0M, and assets of $91.5M (revenue +1440.4% year-over-year).
- 2016: Revenue of $693K, expenses of $1.1M, and assets of $87.1M (revenue -83.3% year-over-year).
- 2015: Revenue of $4.2M, expenses of $14.9M, and assets of $86.5M (revenue -30.9% year-over-year).
- 2014: Revenue of $6.0M, expenses of $13.0M, and assets of $103.6M (revenue -6.1% year-over-year).
- 2013: Revenue of $6.4M, expenses of $4.8M, and assets of $112.4M (revenue +55.6% year-over-year).
- 2012: Revenue of $4.1M, expenses of $3.6M, and assets of $88.3M (revenue +10.6% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.4M, and assets of $83.3M.
Data Sources and Methodology
This transparency report for Paula And Jerry Gottesman Family Supporting 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.