Richard W Goldman Family Foundation
EIN: 451261400 · Washington, DC · NTEE: T20
Is Richard W Goldman Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Richard W Goldman Family Foundation
Richard W Goldman Family Foundation (EIN: 451261400) is a nonprofit organization based in Washington, DC, classified under NTEE code T20. The organization reported total revenue of $23.7M and total assets of $83.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Richard W Goldman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Richard W Goldman Family Foundation is a large nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -24.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-1,509,909 |
| Total Assets | $80.5M |
| Total Liabilities | $95K |
| Net Assets | $80.4M |
| Operating Margin | -50.8% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 215.5 months |
Financial Health Grade: B
In 2023, Richard W Goldman Family Foundation reported a deficit of $1.5M with expenses exceeding revenue, holds 215.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Richard W Goldman Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -24.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1112.2% | -1.7% | +4.4% |
| 2022 | -93.8% | +5.7% | -16.0% |
| 2021 | +15.8% | -7.8% | +11.5% |
| 2020 | +62.8% | +4.9% | +9.6% |
| 2019 | -42.7% | +3.8% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Richard W Goldman Family Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Richard W Goldman Family Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Richard W Goldman Family Foundation
Is Richard W Goldman Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Richard W Goldman Family Foundation (EIN: 451261400) insufficient data. 0 red flags identified, 0 strengths noted.
How does Richard W Goldman Family Foundation spend its money?
Detailed spending breakdown data is not yet available for Richard W Goldman Family Foundation. Check back for updated IRS 990 analysis.
Are donations to Richard W Goldman Family Foundation tax-deductible?
Richard W Goldman Family Foundation is registered as a tax-exempt nonprofit (EIN: 451261400). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Richard W Goldman Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Richard W Goldman Family Foundation's revenue has declined by 96.4%, moving from $83.1M to $3.0M. Total assets increased by 23.9% over the same period, from $64.9M to $80.5M. Total functional expenses rose by 5505.7%, from $80K to $4.5M. In its most recent filing year (2023), Richard W Goldman Family Foundation reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $95K in liabilities against $80.5M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $80.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $4.5M | $80.5M | $95K | — | View 990 |
| 2022 | $245K | $4.6M | $77.1M | $124K | — | View 990 |
| 2021 | $3.9M | $4.3M | $91.8M | $108K | — | View 990 |
| 2020 | $3.4M | $4.7M | $82.3M | $94K | — | View 990 |
| 2019 | $2.1M | $4.5M | $75.1M | $100K | — | View 990 |
| 2015 | $3.6M | $4.3M | $62.8M | $0 | — | View 990 |
| 2014 | $2.1M | $4.2M | $63.4M | $0 | — | View 990 |
| 2013 | $5.1M | $3.3M | $65.6M | $0 | — | View 990 |
| 2012 | $1.1M | $2.1M | $63.8M | $0 | — | View 990 |
| 2011 | $83.1M | $80K | $64.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $4.5M, and assets of $80.5M (revenue +1112.2% year-over-year).
- 2022: Revenue of $245K, expenses of $4.6M, and assets of $77.1M (revenue -93.8% year-over-year).
- 2021: Revenue of $3.9M, expenses of $4.3M, and assets of $91.8M (revenue +15.8% year-over-year).
- 2020: Revenue of $3.4M, expenses of $4.7M, and assets of $82.3M (revenue +62.8% year-over-year).
- 2019: Revenue of $2.1M, expenses of $4.5M, and assets of $75.1M (revenue -42.7% year-over-year).
- 2015: Revenue of $3.6M, expenses of $4.3M, and assets of $62.8M (revenue +75.9% year-over-year).
- 2014: Revenue of $2.1M, expenses of $4.2M, and assets of $63.4M (revenue -59.5% year-over-year).
- 2013: Revenue of $5.1M, expenses of $3.3M, and assets of $65.6M (revenue +384.3% year-over-year).
- 2012: Revenue of $1.1M, expenses of $2.1M, and assets of $63.8M (revenue -98.7% year-over-year).
- 2011: Revenue of $83.1M, expenses of $80K, and assets of $64.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Richard W Goldman Family Foundation:
Data Sources and Methodology
This transparency report for Richard W Goldman Family 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.