R Z H Foundation

R Z H Foundation maintains strong asset growth and zero reported officer compensation over a decade.

EIN: 113242489 · New York, NY · NTEE: T20Z · Updated: 2026-03-28

$11.1MRevenue
$88.9MAssets
92/100Mission Score (Excellent)
T20Z
R Z H Foundation Financial Summary
MetricValue
Total Revenue$11.1M
Total Expenses$6.4M
Program Spending90%
CEO/Top Officer Pay$90
Net Assets$88.1M
Transparency Score92/100

Is R Z H Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

R Z H Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About R Z H Foundation

R Z H Foundation (EIN: 113242489) is a nonprofit organization based in New York, NY, classified under NTEE code T20Z. The organization reported total revenue of $11.1M and total assets of $88.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of R Z H Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

31Years Operating
LargeSize Classification
10Years of Filings
MixedRevenue Trajectory

R Z H Foundation is a large nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$5.6M
Total Expenses$6.4M
Surplus / Deficit$-810,283
Total Assets$88.1M
Total Liabilities$1
Net Assets$88.1M
Operating Margin-14.4%
Debt-to-Asset Ratio0.0%
Months of Reserves164.3 months

Financial Health Grade: B

In 2023, R Z H Foundation reported a deficit of $810K with expenses exceeding revenue, holds 164.3 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), R Z H Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023+42.6%+14.4%+1.7%
2022-52.3%+219.1%-2.1%
2021+36.7%-67.9%+9.7%
2020+73.6%-7.4%-2.2%
2019-76.3%-12.5%+5.5%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1995

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The R Z H Foundation demonstrates a consistent commitment to its mission, as evidenced by its substantial and growing asset base, which reached $88,098,374 in 2023. While the organization has experienced fluctuations in annual revenue, ranging from a high of $21,875,566 in 2013 to $3,942,424 in 2022, its expenses have generally remained within a reasonable range relative to its asset size. The foundation's financial health appears stable, with minimal liabilities reported across most years, indicating a strong balance sheet. Spending efficiency is a key strength, particularly given the consistent reporting of 0% officer compensation, which suggests that a very high proportion of funds are directed towards programmatic activities or asset growth rather than administrative overhead related to executive salaries. This lack of reported officer compensation significantly enhances its spending efficiency and donor confidence. The foundation's primary focus appears to be on grantmaking or direct program support, aligning with its NTEE code for philanthropic organizations. In terms of transparency, the R Z H Foundation consistently files its IRS Form 990s, providing a clear historical record of its financial activities over more than a decade. The absence of officer compensation is a notable transparent practice, as it clearly indicates that no funds are being used for executive salaries. The consistent reporting of minimal liabilities also contributes to a clear financial picture, allowing stakeholders to easily assess the organization's financial stability and resource allocation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates R Z H Foundation with a Mission Score of 92 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: 8%
  • programs: 90%
  • fundraising: 2%

According to IRS 990 filings, R Z H Foundation allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% 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:

$5.6MTotal Revenue
$6.4MTotal Expenses
$88.1MTotal Assets
$1Total Liabilities
$88.1MNet Assets
  • The organization reported a deficit of $810K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly unusual for an organization with assets nearing $90 million and suggests a volunteer-led executive structure or that compensation is covered by an external entity, which significantly impacts the organization's operational cost structure.

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 R Z H Foundation's IRS 990 filings:

  • Significant year-to-year revenue volatility, which could impact consistent program planning if not managed by a large endowment.
  • Unusually low reported liabilities across most years, which might warrant further inquiry into the full scope of financial obligations if not truly minimal.

Strengths

The following positive indicators were identified for R Z H Foundation:

  • Consistent and substantial asset growth, from $30M in 2011 to $88M in 2023.
  • Zero reported officer compensation across all filings, indicating high efficiency in executive overhead.
  • Minimal liabilities reported, suggesting strong financial stability and low debt.
  • Long history of IRS 990 filings, demonstrating transparency and consistent reporting.
  • Strong program focus implied by the lack of executive compensation and asset growth, aligning with philanthropic mission.

Frequently Asked Questions about R Z H Foundation

Is R Z H Foundation a legitimate charity?

R Z H Foundation (EIN: 113242489) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $11.1M. 2 red flags identified. 5 strengths noted. Financial health grade: B.

How does R Z H Foundation spend its money?

R Z H Foundation directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.

Are donations to R Z H Foundation tax-deductible?

R Z H Foundation is registered as a tax-exempt nonprofit (EIN: 113242489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the R Z H Foundation CEO make?

R Z H Foundation's highest-compensated officer earns $90 annually. The organization reported $11.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of R Z H Foundation's spending goes to programs?

R Z H Foundation directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does R Z H Foundation compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), R Z H Foundation is above average for NTEE category T20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is R Z H Foundation located?

R Z H Foundation is headquartered in New York, New York and files with the IRS under EIN 113242489. It is classified under NTEE code T20Z.

How many years of IRS 990 filings does R Z H Foundation have?

R Z H 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 $11.1M in total revenue.

Is R Z H Foundation a good charity?

Based on its financial data, R Z H Foundation appears to be a very good charity. It boasts substantial and growing assets ($88,098,374 in 2023), consistently reports 0% officer compensation, and maintains minimal liabilities, all of which indicate strong financial health and a high dedication to its mission without significant administrative overhead for executive salaries.

How does R Z H Foundation manage its executive leadership without compensation?

The consistent reporting of 0% officer compensation across all filings suggests that the R Z H Foundation's executive leadership may be entirely volunteer-based, or that any compensation for leadership roles is covered by an external entity or through other means not reported as officer compensation on the Form 990. This is a significant operational model for an organization of its size.

What is the trend in R Z H Foundation's assets?

The R Z H Foundation has shown consistent and significant asset growth over the past decade, increasing from $30,283,049 in 2011 to $88,098,374 in 2023, demonstrating strong financial stewardship and accumulation of resources.

How stable is R Z H Foundation's revenue?

R Z H Foundation's revenue has fluctuated significantly over the years, ranging from a high of $21,875,566 in 2013 to a low of $3,484,381 in 2019. Despite these fluctuations, the organization has maintained strong asset growth, suggesting effective management of resources regardless of annual income variability.

Filing History

IRS 990 filing history for R Z H Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), R Z H Foundation's revenue has declined by 38%, moving from $9.1M to $5.6M. Total assets increased by 190.9% over the same period, from $30.3M to $88.1M. Total functional expenses rose by 247.6%, from $1.9M to $6.4M. In its most recent filing year (2023), R Z H Foundation reported a deficit of $810K, with expenses exceeding revenue. The organization holds $1 in liabilities against $88.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $88.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $5.6M $6.4M $88.1M $1
2022 $3.9M $5.6M $86.6M $1 View 990
2021 $8.3M $1.8M $88.5M $1.5M View 990
2020 $6.0M $5.5M $80.7M $1 View 990
2019 $3.5M $5.9M $82.5M $1 View 990
2015 $14.7M $6.8M $78.2M $1 View 990
2014 $17.4M $4.9M $70.4M $1 View 990
2013 $21.9M $4.0M $58.4M $1 View 990
2012 $12.7M $2.6M $40.1M $1 View 990
2011 $9.1M $1.9M $30.3M $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $5.6M, expenses of $6.4M, and assets of $88.1M (revenue +42.6% year-over-year).
  • 2022: Revenue of $3.9M, expenses of $5.6M, and assets of $86.6M (revenue -52.3% year-over-year).
  • 2021: Revenue of $8.3M, expenses of $1.8M, and assets of $88.5M (revenue +36.7% year-over-year).
  • 2020: Revenue of $6.0M, expenses of $5.5M, and assets of $80.7M (revenue +73.6% year-over-year).
  • 2019: Revenue of $3.5M, expenses of $5.9M, and assets of $82.5M (revenue -76.3% year-over-year).
  • 2015: Revenue of $14.7M, expenses of $6.8M, and assets of $78.2M (revenue -15.7% year-over-year).
  • 2014: Revenue of $17.4M, expenses of $4.9M, and assets of $70.4M (revenue -20.5% year-over-year).
  • 2013: Revenue of $21.9M, expenses of $4.0M, and assets of $58.4M (revenue +72.4% year-over-year).
  • 2012: Revenue of $12.7M, expenses of $2.6M, and assets of $40.1M (revenue +39.9% year-over-year).
  • 2011: Revenue of $9.1M, expenses of $1.9M, and assets of $30.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for R Z H Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for R Z H 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.

Other Nonprofits in New York

Explore more nonprofits based in New York with AI-powered transparency reports.

View all New York nonprofits →

Similar Organizations (NTEE T20Z)

Other nonprofits classified under NTEE code T20Z.

View all T20Z nonprofits →

Explore Related Nonprofits

Browse by State