Robert & Gail Edelstein Foundation Inc

Robert & Gail Edelstein Foundation shows consistent asset growth and zero executive compensation over a decade.

EIN: 133948948 · Palm Bch Gdns, FL · NTEE: T22Z · Updated: 2026-03-28

$764KRevenue

$3.2MAssets

85/100Mission Score (Excellent)

T22Z

About Robert & Gail Edelstein Foundation Inc

Robert & Gail Edelstein Foundation Inc (EIN: 133948948) is a nonprofit organization based in Palm Bch Gdns, FL, classified under NTEE code T22Z. The organization reported total revenue of $764K and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert & Gail Edelstein Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Robert & Gail Edelstein Foundation Inc demonstrates consistent financial growth and a strong asset base, with assets increasing from $981,027 in 2012 to $3,221,217 currently. The organization consistently reports zero officer compensation, which is a positive indicator for donor confidence as it suggests resources are not being diverted to executive salaries. However, without detailed expense breakdowns beyond total expenses, it's challenging to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising.

The foundation's revenue has shown significant fluctuations but a general upward trend over the past decade, with the latest reported revenue at $763,676. Expenses have also increased in line with revenue growth, from $98,990 in 2012 to $640,795 in 2024. The organization consistently maintains minimal liabilities, indicating sound financial management and low financial risk. To further enhance transparency, the foundation could provide more granular detail on its program activities and how its expenses directly contribute to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Robert & Gail Edelstein 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, Robert & Gail Edelstein 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly favorable for resource allocation directly to the mission.

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 Robert & Gail Edelstein Foundation Inc's IRS 990 filings:

Lack of detailed expense breakdown beyond total expenses in provided data, making it difficult to fully assess program efficiency.

Strengths

The following positive indicators were identified for Robert & Gail Edelstein Foundation Inc:

Consistent asset growth, from $981,027 in 2012 to $3,221,217 currently.
Zero officer compensation reported across all filings, indicating efficient use of funds.
Minimal liabilities, consistently reported as $1 or very low amounts, suggesting strong financial management.
Positive net income in most years, contributing to asset accumulation.

Frequently Asked Questions about Robert & Gail Edelstein Foundation Inc

Is the Robert & Gail Edelstein Foundation Inc a good charity?

Based on the available data, the foundation exhibits strong financial health with growing assets and no executive compensation. Its consistent growth and minimal liabilities suggest good stewardship of funds. However, a full assessment of 'goodness' would benefit from more detailed program expense breakdowns.

How has the foundation's financial health changed over time?

The foundation's financial health has significantly improved, with assets growing from $981,027 in 2012 to $3,221,217 currently, and revenue increasing from $72,413 to $763,676 over the same period. Liabilities have remained consistently low.

What is the organization's approach to executive compensation?

The Robert & Gail Edelstein Foundation Inc reports 0% officer compensation in all available filings, indicating a policy of not paying salaries to its officers.

Filing History

IRS 990 filing history for Robert & Gail Edelstein Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2012–2024), Robert & Gail Edelstein Foundation Inc's revenue has grown by 899.9%, moving from $72K to $724K. Total assets increased by 196.7% over the same period, from $981K to $2.9M. Total functional expenses rose by 547.3%, from $99K to $641K. In its most recent filing year (2024), Robert & Gail Edelstein Foundation Inc reported a surplus of $83K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.9M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$724K	$641K	$2.9M	$1	—	—
2023	$539K	$377K	$2.7M	$1	—	View 990
2022	$519K	$350K	$2.5M	$1	—	View 990
2021	$693K	$267K	$2.2M	$1	—	—
2020	$568K	$173K	$1.6M	$1	—	View 990
2016	$299K	$146K	$1.4M	$4K	—	View 990
2015	$316K	$137K	$1.3M	$3K	—	View 990
2014	$153K	$106K	$1.2M	$1K	—	View 990
2013	$178K	$112K	$1.1M	$5K	—	View 990
2012	$72K	$99K	$981K	$987	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $724K, expenses of $641K, and assets of $2.9M (revenue +34.3% year-over-year).
2023: Revenue of $539K, expenses of $377K, and assets of $2.7M (revenue +3.9% year-over-year).
2022: Revenue of $519K, expenses of $350K, and assets of $2.5M (revenue -25.2% year-over-year).
2021: Revenue of $693K, expenses of $267K, and assets of $2.2M (revenue +22.1% year-over-year).
2020: Revenue of $568K, expenses of $173K, and assets of $1.6M (revenue +89.7% year-over-year).
2016: Revenue of $299K, expenses of $146K, and assets of $1.4M (revenue -5.3% year-over-year).
2015: Revenue of $316K, expenses of $137K, and assets of $1.3M (revenue +106.9% year-over-year).
2014: Revenue of $153K, expenses of $106K, and assets of $1.2M (revenue -14.1% year-over-year).
2013: Revenue of $178K, expenses of $112K, and assets of $1.1M (revenue +145.5% year-over-year).
2012: Revenue of $72K, expenses of $99K, and assets of $981K.

Data Sources and Methodology

This transparency report for Robert & Gail Edelstein 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.