Schocken Foundation Inc
Schocken Foundation maintains stable assets and zero executive compensation amidst fluctuating revenues.
EIN: 136167181 · Barrington, RI · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.8M |
| Total Expenses | $685K |
| Program Spending | 95% |
| Net Assets | $9.4M |
| Transparency Score | 90/100 |
Is Schocken Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Schocken Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Schocken Foundation Inc
Schocken Foundation Inc (EIN: 136167181) is a nonprofit organization based in Barrington, RI. The organization reported total revenue of $4.8M and total assets of $9.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Schocken Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Schocken Foundation Inc is a mid-size nonprofit that has been operating for 62 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 12.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $541K |
| Total Expenses | $685K |
| Surplus / Deficit | $-144,034 |
| Total Assets | $9.4M |
| Total Liabilities | $1 |
| Net Assets | $9.4M |
| Operating Margin | -26.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 163.8 months |
Financial Health Grade: B
In 2024, Schocken Foundation Inc reported a deficit of $144K with expenses exceeding revenue, holds 163.8 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 (2012–2024), Schocken Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -102.1% | -7.4% | -6.4% |
| 2022 | +40.8% | -14.6% | +12.3% |
| 2021 | +171.2% | +21.5% | +2.5% |
| 2020 | -88.0% | -8.9% | -14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
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 Schocken Foundation Inc with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Schocken Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $144K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly unusual for an organization of its asset size and suggests a volunteer-led or externally managed structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Schocken Foundation Inc's IRS 990 filings:
- Negative revenue reported in 2023 ($ -29,696), which could indicate significant investment losses or accounting adjustments.
- NTEE Code is unknown, which limits understanding of its specific charitable focus.
Strengths
The following positive indicators were identified for Schocken Foundation Inc:
- Consistently reports 0% officer compensation, indicating high efficiency and dedication of resources to mission.
- Maintains a strong and stable asset base (around $9-10 million in recent years) despite revenue fluctuations.
- Extremely low liabilities ($0 or $1 across all filings), demonstrating excellent financial health and risk management.
- Consistent expense levels suggest predictable and well-managed operational costs.
- High proportion of spending likely directed towards programs due to minimal administrative overhead and no executive compensation.
Frequently Asked Questions about Schocken Foundation Inc
Is Schocken Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Schocken Foundation Inc (EIN: 136167181) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Schocken Foundation Inc spend its money?
Schocken Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Schocken Foundation Inc tax-deductible?
Schocken Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136167181). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Schocken Foundation Inc located?
Schocken Foundation Inc is headquartered in Barrington, Rhode Island and files with the IRS under EIN 136167181.
How many years of IRS 990 filings does Schocken Foundation Inc have?
Schocken 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 $4.8M in total revenue.
How does the Schocken Foundation Inc. manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the foundation may be entirely volunteer-run at the executive level, or that its administrative functions, including executive oversight, are handled by an external entity or through pro bono services, rather than paid staff.
What is the primary source of the Schocken Foundation Inc.'s revenue fluctuations?
Given the nature of foundations and the significant swings in revenue (e.g., $-29,696 in 2023 vs. $5,562,152 in 2015), it is highly probable that the revenue primarily consists of investment returns from its endowment, which can be volatile year-to-year, and potentially large one-time contributions.
What specific programs does the Schocken Foundation Inc. support?
Without the NTEE code or detailed program service accomplishments from the 990 filings, the specific programs supported by the Schocken Foundation Inc. cannot be determined from the provided data. Further investigation into their full 990 forms would be required.
Filing History
IRS 990 filing history for Schocken Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Schocken Foundation Inc's revenue has grown by 306.8%, moving from $133K to $541K. Total assets increased by 230.1% over the same period, from $2.8M to $9.4M. Total functional expenses rose by 159.4%, from $264K to $685K. In its most recent filing year (2024), Schocken Foundation Inc reported a deficit of $144K, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $541K | $685K | $9.4M | $1 | — | View 990 |
| 2023 | $-29,696 | $622K | $9.5M | $1 | — | View 990 |
| 2022 | $1.4M | $672K | $10.2M | $1 | — | View 990 |
| 2021 | $1.0M | $787K | $9.0M | $1 | — | View 990 |
| 2020 | $369K | $647K | $8.8M | $0 | — | View 990 |
| 2016 | $3.1M | $711K | $10.3M | $0 | — | View 990 |
| 2015 | $5.6M | $520K | $7.9M | $0 | — | View 990 |
| 2014 | $522K | $335K | $2.9M | $0 | — | View 990 |
| 2013 | $175K | $312K | $2.7M | $0 | — | View 990 |
| 2012 | $133K | $264K | $2.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $541K, expenses of $685K, and assets of $9.4M.
- 2023: Revenue of $-29,696, expenses of $622K, and assets of $9.5M (revenue -102.1% year-over-year).
- 2022: Revenue of $1.4M, expenses of $672K, and assets of $10.2M (revenue +40.8% year-over-year).
- 2021: Revenue of $1.0M, expenses of $787K, and assets of $9.0M (revenue +171.2% year-over-year).
- 2020: Revenue of $369K, expenses of $647K, and assets of $8.8M (revenue -88.0% year-over-year).
- 2016: Revenue of $3.1M, expenses of $711K, and assets of $10.3M (revenue -44.5% year-over-year).
- 2015: Revenue of $5.6M, expenses of $520K, and assets of $7.9M (revenue +965.5% year-over-year).
- 2014: Revenue of $522K, expenses of $335K, and assets of $2.9M (revenue +198.9% year-over-year).
- 2013: Revenue of $175K, expenses of $312K, and assets of $2.7M (revenue +31.3% year-over-year).
- 2012: Revenue of $133K, expenses of $264K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Schocken Foundation Inc:
Data Sources and Methodology
This transparency report for Schocken 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.