Robert I Goldman Foundation

Robert I Goldman Foundation maintains strong asset growth and zero executive compensation amidst fluctuating revenues.

EIN: 202371917 · New York, NY · NTEE: T22 · Updated: 2026-03-28

$5.7MRevenue
$14.0MAssets
92/100Mission Score (Excellent)
T22
Robert I Goldman Foundation Financial Summary
MetricValue
Total Revenue$5.7M
Total Expenses$334K
Program Spending90%
CEO/Top Officer Pay$12
Net Assets$12.6M
Transparency Score92/100

Is Robert I Goldman Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

Robert I Goldman Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Robert I Goldman Foundation

Robert I Goldman Foundation (EIN: 202371917) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $5.7M and total assets of $14.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert I Goldman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Robert I Goldman Foundation is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$526K
Total Expenses$334K
Surplus / Deficit+$192K
Total Assets$12.6M
Total Liabilities$1
Net Assets$12.6M
Operating Margin36.4%
Debt-to-Asset Ratio0.0%
Months of Reserves451.6 months

Financial Health Grade: A

In 2023, Robert I Goldman Foundation reported a surplus of $192K with revenue exceeding expenses, holds 451.6 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), Robert I Goldman Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.

YearRevenue ChangeExpense ChangeAsset Change
2022-113.6%+14.0%-8.3%
2021+1761.3%-1.9%+9.4%
2020-96.4%-1.6%-0.1%
2019+536.3%+39.2%+45.3%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

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

AI Transparency Report

The Robert I Goldman Foundation demonstrates consistent financial stability with assets growing from $6.97 million in 2011 to $12.58 million in 2023. The organization's revenue has fluctuated significantly year-to-year, including a negative revenue of $-185,590 in 2022, which is common for foundations relying on investment returns. Despite these fluctuations, expenses have remained relatively stable, typically ranging between $300,000 and $900,000 annually. The foundation consistently reports zero officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries. The low liability figures across all reported periods suggest sound financial management and minimal debt. The NTEE code T22 indicates a focus on private grantmaking foundations, which typically have lower program spending ratios compared to direct service charities, as their primary function is to distribute grants. The foundation's consistent asset growth and minimal liabilities point to a well-managed endowment. The absence of officer compensation is a significant positive indicator of financial efficiency and transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Robert I Goldman 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Robert I Goldman Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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:

$526KTotal Revenue
$334KTotal Expenses
$12.6MTotal Assets
$1Total Liabilities
$12.6MNet Assets
  • The organization reported a surplus of $192K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of its size with assets over $12 million.

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.

Strengths

The following positive indicators were identified for Robert I Goldman Foundation:

  • Consistent asset growth from $6.97 million in 2011 to $12.58 million in 2023.
  • Zero officer compensation reported across all filings, indicating high efficiency.
  • Minimal liabilities reported, suggesting sound financial management.
  • Stable expense levels despite revenue fluctuations, demonstrating controlled spending.

Frequently Asked Questions about Robert I Goldman Foundation

Is Robert I Goldman Foundation a legitimate charity?

Robert I Goldman Foundation (EIN: 202371917) 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: $5.7M. No red flags identified. 4 strengths noted. Financial health grade: A.

How does Robert I Goldman Foundation spend its money?

Robert I Goldman Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Robert I Goldman Foundation tax-deductible?

Robert I Goldman Foundation is registered as a tax-exempt nonprofit (EIN: 202371917). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Robert I Goldman Foundation CEO make?

Robert I Goldman Foundation's highest-compensated officer earns $12 annually. The organization reported $5.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Robert I Goldman Foundation compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Robert I Goldman Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Robert I Goldman Foundation located?

Robert I Goldman Foundation is headquartered in New York, New York and files with the IRS under EIN 202371917. It is classified under NTEE code T22.

How many years of IRS 990 filings does Robert I Goldman Foundation have?

Robert I Goldman 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 $5.7M in total revenue.

Is the Robert I Goldman Foundation financially stable?

Yes, the foundation demonstrates strong financial stability with consistent asset growth from $6.97 million in 2011 to $12.58 million in 2023, and minimal liabilities reported across all periods.

How does the foundation manage executive compensation?

The foundation reports 0% officer compensation in all available filings, indicating a highly efficient use of funds with no executive salaries.

What is the trend in the foundation's revenue?

The foundation's revenue has been highly variable, ranging from negative revenue of $-185,590 in 2022 to a high of $2,424,660 in 2012, which is typical for foundations reliant on investment performance.

Filing History

IRS 990 filing history for Robert I Goldman Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Robert I Goldman Foundation's revenue has declined by 9.3%, moving from $580K to $526K. Total assets increased by 80.4% over the same period, from $7.0M to $12.6M. Total functional expenses fell by 13.3%, from $386K to $334K. In its most recent filing year (2023), Robert I Goldman Foundation reported a surplus of $192K, with revenue exceeding expenses. The organization holds $1 in liabilities against $12.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $526K $334K $12.6M $1
2022 $-185,590 $937K $12.4M $1 View 990
2021 $1.4M $822K $13.5M $1 View 990
2020 $73K $837K $12.3M $1 View 990
2019 $2.0M $850K $12.4M $0 View 990
2015 $321K $611K $8.5M $0 View 990
2014 $712K $609K $8.8M $0 View 990
2013 $322K $594K $8.7M $0 View 990
2012 $2.4M $432K $9.0M $0 View 990
2011 $580K $386K $7.0M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $526K, expenses of $334K, and assets of $12.6M.
  • 2022: Revenue of $-185,590, expenses of $937K, and assets of $12.4M (revenue -113.6% year-over-year).
  • 2021: Revenue of $1.4M, expenses of $822K, and assets of $13.5M (revenue +1761.3% year-over-year).
  • 2020: Revenue of $73K, expenses of $837K, and assets of $12.3M (revenue -96.4% year-over-year).
  • 2019: Revenue of $2.0M, expenses of $850K, and assets of $12.4M (revenue +536.3% year-over-year).
  • 2015: Revenue of $321K, expenses of $611K, and assets of $8.5M (revenue -55.0% year-over-year).
  • 2014: Revenue of $712K, expenses of $609K, and assets of $8.8M (revenue +121.0% year-over-year).
  • 2013: Revenue of $322K, expenses of $594K, and assets of $8.7M (revenue -86.7% year-over-year).
  • 2012: Revenue of $2.4M, expenses of $432K, and assets of $9.0M (revenue +318.2% year-over-year).
  • 2011: Revenue of $580K, expenses of $386K, and assets of $7.0M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Robert I Goldman 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 Robert I Goldman 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.

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