Rubin Family Foundation Inc
Rubin Family Foundation maintains strong assets despite volatile revenue and reports no officer compensation.
EIN: 113047773 · Brooklyn, NY · NTEE: Z99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.4M |
| Total Expenses | $1.9M |
| Program Spending | 90% |
| Net Assets | $20.3M |
| Transparency Score | 85/100 |
Is Rubin Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rubin Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rubin Family Foundation Inc
Rubin Family Foundation Inc (EIN: 113047773) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code Z99Z. The organization reported total revenue of $9.4M and total assets of $19.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rubin Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rubin Family Foundation Inc is a mid-size nonprofit that has been operating for 30 years, with 9 years of IRS 990 filings on record (2011–2022).
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.2M |
| Total Expenses | $1.9M |
| Surplus / Deficit | +$1.3M |
| Total Assets | $24.4M |
| Total Liabilities | $4.0M |
| Net Assets | $20.3M |
| Operating Margin | 40.1% |
| Debt-to-Asset Ratio | 16.6% |
| Months of Reserves | 154.3 months |
Financial Health Grade: A
In 2022, Rubin Family Foundation Inc reported a surplus of $1.3M with revenue exceeding expenses, holds 154.3 months of operating reserves (strong position), has a debt-to-asset ratio of 16.6% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +21.2% | -26.1% | +6.1% |
| 2020 | -295.5% | -29.6% | -38.9% |
| 2015 | -123.7% | +31.3% | -12.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rubin Family 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Rubin Family Foundation Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.6%.
Executive Compensation Analysis
The Rubin Family Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating that its leadership does not receive salaries, which is a strong positive for resource allocation towards its 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 Rubin Family Foundation Inc's IRS 990 filings:
- Highly volatile revenue, including significant negative revenue in some years (e.g., -$13,585,590 in 2020), which could indicate reliance on investment performance or specific non-recurring events.
- NTEE Code Z99Z (Unknown) provides limited insight into the specific programmatic focus or mission category of the organization.
Strengths
The following positive indicators were identified for Rubin Family Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating strong financial stewardship and dedication to mission.
- Maintains a robust asset base (e.g., $24,382,911 in 2022) significantly exceeding liabilities, suggesting long-term financial stability.
- Regular and extensive IRS 990 filing history (9 filings), demonstrating a commitment to transparency.
- Healthy financial position with assets of $19,926,268 and latest revenue of $9,377,280.
Frequently Asked Questions about Rubin Family Foundation Inc
Is Rubin Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rubin Family Foundation Inc (EIN: 113047773) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Rubin Family Foundation Inc spend its money?
Rubin Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rubin Family Foundation Inc tax-deductible?
Rubin Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 113047773). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rubin Family Foundation Inc's spending goes to programs?
Rubin Family Foundation Inc directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rubin Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rubin Family Foundation Inc is above average for NTEE category Z99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rubin Family Foundation Inc located?
Rubin Family Foundation Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 113047773. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Rubin Family Foundation Inc have?
Rubin Family Foundation Inc has 9 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 $9.4M in total revenue.
Is Rubin Family Foundation Inc. a good charity?
Based on the available data, the Rubin Family Foundation Inc. appears to be a good charity. It consistently reports 0% officer compensation, maintains substantial assets ($24,382,911 in 2022), and has a history of regular IRS 990 filings, indicating transparency and a focus on its mission.
How does the foundation manage its finances given the fluctuating revenue?
Despite significant revenue fluctuations, including negative figures in some years (e.g., -$13,585,590 in 2020), the foundation maintains a strong asset base (e.g., $24,382,911 in 2022). This suggests it likely operates as a grant-making foundation relying on its endowment or investment returns to fund its activities, rather than solely on annual public contributions.
What is the significance of 0% officer compensation?
0% officer compensation across all filings means that the foundation's executives are not paid salaries from the organization's funds. This can be viewed very positively as it indicates that a greater proportion of resources are available for programmatic activities and administrative overhead is kept low in this regard.
Filing History
IRS 990 filing history for Rubin Family Foundation Inc showing financial trends over 9 years of public records:
Total assets increased by 32.5% over the same period, from $18.4M to $24.4M. Total functional expenses rose by 61.4%, from $1.2M to $1.9M. In its most recent filing year (2022), Rubin Family Foundation Inc reported a surplus of $1.3M, with revenue exceeding expenses. The organization holds $4.0M in liabilities against $24.4M in assets (debt-to-asset ratio: 16.6%), resulting in net assets of $20.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $3.2M | $1.9M | $24.4M | $4.0M | — | View 990 |
| 2021 | $2.6M | $2.6M | $23.0M | $3.9M | — | View 990 |
| 2020 | $-13,585,590 | $1.1M | $22.8M | $3.8M | — | View 990 |
| 2019 | $6.9M | $1.5M | $37.3M | $3.6M | — | — |
| 2015 | $-2,306,616 | $1.3M | $24.7M | $1 | — | View 990 |
| 2014 | $9.7M | $1.0M | $28.3M | $1 | — | View 990 |
| 2013 | $3.7M | $2.0M | $25.8M | $6.2M | — | View 990 |
| 2012 | $1.1M | $1.5M | $23.0M | $5.1M | — | View 990 |
| 2011 | $-400,825 | $1.2M | $18.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $3.2M, expenses of $1.9M, and assets of $24.4M (revenue +21.2% year-over-year).
- 2021: Revenue of $2.6M, expenses of $2.6M, and assets of $23.0M.
- 2020: Revenue of $-13,585,590, expenses of $1.1M, and assets of $22.8M (revenue -295.5% year-over-year).
- 2019: Revenue of $6.9M, expenses of $1.5M, and assets of $37.3M.
- 2015: Revenue of $-2,306,616, expenses of $1.3M, and assets of $24.7M (revenue -123.7% year-over-year).
- 2014: Revenue of $9.7M, expenses of $1.0M, and assets of $28.3M (revenue +165.6% year-over-year).
- 2013: Revenue of $3.7M, expenses of $2.0M, and assets of $25.8M (revenue +242.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.5M, and assets of $23.0M.
- 2011: Revenue of $-400,825, expenses of $1.2M, and assets of $18.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rubin Family Foundation Inc:
Data Sources and Methodology
This transparency report for Rubin Family 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.