Saltzman Foundation Inc

Saltzman Foundation shows volatile revenue and expenses with zero reported officer compensation over a decade.

EIN: 136142471 · New York, NY · Updated: 2026-03-28

$52.7MRevenue
$66.7MAssets
70/100Mission Score (Good)
Saltzman Foundation Inc Financial Summary
MetricValue
Total Revenue$52.7M
Total Expenses$625K
Program Spending80%
Net Assets$8.8M
Transparency Score70/100

Is Saltzman Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

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

Saltzman Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Saltzman Foundation Inc

Saltzman Foundation Inc (EIN: 136142471) is a nonprofit organization based in New York, NY. The organization reported total revenue of $52.7M and total assets of $66.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Saltzman Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

75Years Operating
MajorSize Classification
10Years of Filings
MixedRevenue Trajectory

Saltzman Foundation Inc is a major nonprofit that has been operating for 75 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$190K
Total Expenses$625K
Surplus / Deficit$-435,289
Total Assets$8.8M
Total Liabilities$1
Net Assets$8.8M
Operating Margin-229.4%
Debt-to-Asset Ratio0.0%
Months of Reserves168.8 months

Financial Health Grade: B

In 2023, Saltzman Foundation Inc reported a deficit of $435K with expenses exceeding revenue, holds 168.8 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), Saltzman Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.

YearRevenue ChangeExpense ChangeAsset Change
2023-50.6%+13.9%-4.7%
2022-63.2%+240.0%-1.8%
2021+50.8%-75.6%+3.4%
2020+13.8%+181.5%+0.3%
2019-89.4%-18.0%-29.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1951

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

AI Transparency Report

The Saltzman Foundation Inc. exhibits a mixed financial picture based on its IRS 990 filings. While the organization consistently reports minimal liabilities ($1 across all periods), suggesting strong financial solvency, its revenue and expense patterns are highly volatile. For instance, revenue fluctuated dramatically from $229,776 in 2011 to $5,724,433 in 2015, then down to $189,740 in 2023. Similarly, expenses have varied significantly, from $134,928 in 2011 to $2,181,040 in 2013, and $625,029 in 2023. This volatility makes it challenging to assess consistent operational efficiency without more detailed program spending breakdowns. The foundation's transparency is bolstered by its consistent filing of IRS Form 990s over a decade. A notable aspect is the reported 0% officer compensation across all available filings, which indicates either a fully volunteer-led executive team or that executive compensation is not reported in a standard manner on these forms, which would warrant further investigation. The lack of detailed functional expense breakdowns (program, administrative, fundraising) in the provided data limits a precise assessment of spending efficiency. However, the consistent reporting of minimal liabilities is a positive indicator of financial stability. Overall, the Saltzman Foundation appears financially stable with low liabilities and a history of consistent reporting. However, the significant fluctuations in revenue and expenses, coupled with the absence of detailed functional expense breakdowns and the 0% officer compensation, suggest that a deeper dive into their operational model and specific program activities would be beneficial for a comprehensive understanding of their financial health and spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Saltzman Foundation Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Saltzman Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:

$190KTotal Revenue
$625KTotal Expenses
$8.8MTotal Assets
$1Total Liabilities
$8.8MNet Assets
  • The organization reported a deficit of $435K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The Saltzman Foundation Inc. consistently reports 0% officer compensation across all ten available IRS 990 filings, which is unusual for an organization with significant revenue and assets, suggesting either a fully volunteer executive team or that compensation is structured in a way not captured by this metric.

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 Saltzman Foundation Inc's IRS 990 filings:

  • Highly volatile revenue and expense patterns, making consistent financial performance difficult to assess.
  • Consistent reporting of 0% officer compensation, which is unusual and warrants further investigation into executive structure.
  • Lack of detailed functional expense breakdowns (program, admin, fundraising) in the provided data, limiting spending efficiency analysis.

Strengths

The following positive indicators were identified for Saltzman Foundation Inc:

  • Consistently low liabilities ($1 across all periods), indicating strong financial solvency.
  • Long history of IRS 990 filings (10 filings), demonstrating commitment to transparency.
  • Significant asset base ($66,695,815 latest reported), providing financial stability.

Frequently Asked Questions about Saltzman Foundation Inc

Is Saltzman Foundation Inc a legitimate charity?

Saltzman Foundation Inc (EIN: 136142471) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $52.7M. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Saltzman Foundation Inc spend its money?

Saltzman Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Saltzman Foundation Inc tax-deductible?

Saltzman Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136142471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Saltzman Foundation Inc's spending goes to programs?

Saltzman Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Saltzman Foundation Inc located?

Saltzman Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 136142471.

How many years of IRS 990 filings does Saltzman Foundation Inc have?

Saltzman 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 $52.7M in total revenue.

Is Saltzman Foundation Inc. a good charity?

The Saltzman Foundation Inc. demonstrates financial stability with consistently low liabilities ($1) and a long history of IRS 990 filings. However, the significant volatility in revenue and expenses, coupled with the reported 0% officer compensation, makes a definitive 'good' or 'bad' assessment difficult without more detailed information on program impact and operational structure. The lack of detailed functional expense breakdowns also limits a full evaluation of spending efficiency.

Why is officer compensation consistently 0%?

The consistent reporting of 0% officer compensation across all ten filings is highly unusual for an organization of this size and revenue. This could indicate that the foundation is entirely run by unpaid volunteers, or that executive compensation is paid through a related entity or structured in a way that is not reported as 'officer compensation' on the IRS Form 990, which would require further investigation.

What caused the significant fluctuations in revenue and expenses?

The provided data shows extreme volatility in both revenue (e.g., $5.7M in 2015 vs. $189K in 2023) and expenses (e.g., $2.1M in 2013 vs. $161K in 2021). Without access to the full IRS 990 forms, it's impossible to pinpoint the exact causes, but such fluctuations could be due to large one-time grants, significant investment gains/losses, changes in program scope, or varying levels of donor contributions year-to-year.

Filing History

IRS 990 filing history for Saltzman Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Saltzman Foundation Inc's revenue has declined by 17.4%, moving from $230K to $190K. Total assets increased by 83.2% over the same period, from $4.8M to $8.8M. Total functional expenses rose by 363.2%, from $135K to $625K. In its most recent filing year (2023), Saltzman Foundation Inc reported a deficit of $435K, with expenses exceeding revenue. The organization holds $1 in liabilities against $8.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $190K $625K $8.8M $1 View 990
2022 $384K $549K $9.2M $1 View 990
2021 $1.0M $161K $9.4M $1 View 990
2020 $692K $662K $9.1M $1 View 990
2019 $608K $235K $9.1M $1 View 990
2015 $5.7M $287K $12.9M $1 View 990
2014 $624K $232K $7.6M $1 View 990
2013 $2.6M $2.2M $7.2M $1 View 990
2012 $4.3M $385K $6.7M $1 View 990
2011 $230K $135K $4.8M $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $190K, expenses of $625K, and assets of $8.8M (revenue -50.6% year-over-year).
  • 2022: Revenue of $384K, expenses of $549K, and assets of $9.2M (revenue -63.2% year-over-year).
  • 2021: Revenue of $1.0M, expenses of $161K, and assets of $9.4M (revenue +50.8% year-over-year).
  • 2020: Revenue of $692K, expenses of $662K, and assets of $9.1M (revenue +13.8% year-over-year).
  • 2019: Revenue of $608K, expenses of $235K, and assets of $9.1M (revenue -89.4% year-over-year).
  • 2015: Revenue of $5.7M, expenses of $287K, and assets of $12.9M (revenue +818.1% year-over-year).
  • 2014: Revenue of $624K, expenses of $232K, and assets of $7.6M (revenue -76.0% year-over-year).
  • 2013: Revenue of $2.6M, expenses of $2.2M, and assets of $7.2M (revenue -38.9% year-over-year).
  • 2012: Revenue of $4.3M, expenses of $385K, and assets of $6.7M (revenue +1750.5% year-over-year).
  • 2011: Revenue of $230K, expenses of $135K, and assets of $4.8M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Saltzman Foundation Inc:

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 Saltzman 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.

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