Salomon Stern Foundation Inc
Salomon Stern Foundation Inc. maintains substantial assets and low liabilities with no reported officer compensation.
EIN: 116036966 · Montvale, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $708K |
| Program Spending | 100% |
| CEO/Top Officer Pay | $14,723,348. |
| Net Assets | $14.7M |
| Transparency Score | 95/100 |
Is Salomon Stern Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Salomon Stern Foundation Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Salomon Stern Foundation Inc
Salomon Stern Foundation Inc (EIN: 116036966) is a nonprofit organization based in Montvale, NJ. The organization reported total revenue of $2.8M and total assets of $16.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Salomon Stern Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Salomon Stern Foundation Inc is a mid-size nonprofit that has been operating for 67 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 50.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $841K |
| Total Expenses | $708K |
| Surplus / Deficit | +$133K |
| Total Assets | $14.7M |
| Total Liabilities | $1 |
| Net Assets | $14.7M |
| Operating Margin | 15.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 249.4 months |
Financial Health Grade: A
In 2023, Salomon Stern Foundation Inc reported a surplus of $133K with revenue exceeding expenses, holds 249.4 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), Salomon Stern Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 50.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +361.0% | +87.0% | +0.9% |
| 2022 | -97.5% | +50.4% | -1.3% |
| 2021 | +48.6% | +26.3% | +90.7% |
| 2020 | +199.5% | +52.1% | +154.1% |
| 2019 | +5713.1% | +355.4% | +2297.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1959 |
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 Salomon Stern Foundation Inc with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Salomon Stern Foundation Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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:
- The organization reported a surplus of $133K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, indicating that executive leadership is either unpaid or compensated through other means not disclosed as officer compensation on the 990s. This suggests a highly volunteer-driven or lean operational structure relative to its asset base of $14,723,348.
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 Salomon Stern Foundation Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in available data
- Highly variable revenue streams, making future income less predictable
Strengths
The following positive indicators were identified for Salomon Stern Foundation Inc:
- Strong and consistent asset growth, reaching $14,723,348 in 2023
- Extremely low liabilities, often reported as $1, indicating financial stability
- No reported officer compensation, suggesting efficient use of funds for mission
- Consistently low expenses relative to revenue and assets, indicating high operational efficiency
- Consistent IRS 990 filing history, demonstrating transparency
Frequently Asked Questions about Salomon Stern Foundation Inc
Is Salomon Stern Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Salomon Stern Foundation Inc (EIN: 116036966) some concerns. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
How does Salomon Stern Foundation Inc spend its money?
Salomon Stern Foundation Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Salomon Stern Foundation Inc tax-deductible?
Salomon Stern Foundation Inc is registered as a tax-exempt nonprofit (EIN: 116036966). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Salomon Stern Foundation Inc CEO make?
Salomon Stern Foundation Inc's highest-compensated officer earns $14,723,348. annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Salomon Stern Foundation Inc located?
Salomon Stern Foundation Inc is headquartered in Montvale, New Jersey and files with the IRS under EIN 116036966.
How many years of IRS 990 filings does Salomon Stern Foundation Inc have?
Salomon Stern Foundation Inc 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 $2.8M in total revenue.
What are the specific program activities of the Salomon Stern Foundation Inc.?
The provided data does not detail specific program activities, but the consistently low expenses relative to revenue and assets suggest that the foundation primarily operates as a grant-making entity or has very low operational overhead for its programs.
How does the foundation manage its significant asset growth?
The foundation has shown substantial asset growth, from $124,211 in 2011 to $14,723,348 in 2023. This growth, coupled with highly variable revenue, suggests effective investment management or significant contributions, allowing for substantial capital accumulation.
Why is there no officer compensation reported?
The absence of reported officer compensation (0% in all filings) could indicate that the foundation is run by unpaid volunteers, or that compensation is structured in a way that it is not categorized as 'officer compensation' on the 990 form, such as through a related management entity, though the latter is less likely given the 'Liabilities=$1' trend.
Filing History
IRS 990 filing history for Salomon Stern Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Salomon Stern Foundation Inc's revenue has grown by 13423.5%, moving from $6K to $841K. Total assets increased by 11753.5% over the same period, from $124K to $14.7M. Total functional expenses rose by 8918.3%, from $8K to $708K. In its most recent filing year (2023), Salomon Stern Foundation Inc reported a surplus of $133K, with revenue exceeding expenses. The organization holds $1 in liabilities against $14.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $841K | $708K | $14.7M | $1 | — | — |
| 2022 | $183K | $379K | $14.6M | $1 | — | View 990 |
| 2021 | $7.3M | $252K | $14.8M | $1 | — | View 990 |
| 2020 | $4.9M | $200K | $7.8M | $1 | — | View 990 |
| 2019 | $1.6M | $131K | $3.1M | $1 | — | — |
| 2015 | $28K | $29K | $127K | $41K | — | View 990 |
| 2014 | $12K | $19K | $126K | $39K | — | View 990 |
| 2013 | $21K | $16K | $132K | $38K | — | View 990 |
| 2012 | $46K | $10K | $160K | $71K | — | View 990 |
| 2011 | $6K | $8K | $124K | $85K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $841K, expenses of $708K, and assets of $14.7M (revenue +361.0% year-over-year).
- 2022: Revenue of $183K, expenses of $379K, and assets of $14.6M (revenue -97.5% year-over-year).
- 2021: Revenue of $7.3M, expenses of $252K, and assets of $14.8M (revenue +48.6% year-over-year).
- 2020: Revenue of $4.9M, expenses of $200K, and assets of $7.8M (revenue +199.5% year-over-year).
- 2019: Revenue of $1.6M, expenses of $131K, and assets of $3.1M (revenue +5713.1% year-over-year).
- 2015: Revenue of $28K, expenses of $29K, and assets of $127K (revenue +144.6% year-over-year).
- 2014: Revenue of $12K, expenses of $19K, and assets of $126K (revenue -45.9% year-over-year).
- 2013: Revenue of $21K, expenses of $16K, and assets of $132K (revenue -53.3% year-over-year).
- 2012: Revenue of $46K, expenses of $10K, and assets of $160K (revenue +632.4% year-over-year).
- 2011: Revenue of $6K, expenses of $8K, and assets of $124K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Salomon Stern Foundation Inc:
Data Sources and Methodology
This transparency report for Salomon Stern 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.