Soloman & Sylvia Bronstein Foundation
Bronstein Foundation: Consistent Spending, Low Revenue, High Assets
EIN: 222656339 · Philadelphia, PA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $424K |
| Program Spending | 85% |
| Net Assets | $4.5M |
| Transparency Score | 65/100 |
Is Soloman & Sylvia Bronstein Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Soloman & Sylvia Bronstein Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Soloman & Sylvia Bronstein Foundation
Soloman & Sylvia Bronstein Foundation (EIN: 222656339) is a nonprofit organization based in Philadelphia, PA. The organization reported total revenue of $4.2M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Soloman & Sylvia Bronstein Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Soloman & Sylvia Bronstein Foundation is a mid-size nonprofit that has been operating for 40 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 24.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $595K |
| Total Expenses | $424K |
| Surplus / Deficit | +$171K |
| Total Assets | $4.5M |
| Total Liabilities | $1 |
| Net Assets | $4.5M |
| Operating Margin | 28.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 127.9 months |
Financial Health Grade: A
In 2023, Soloman & Sylvia Bronstein Foundation reported a surplus of $171K with revenue exceeding expenses, holds 127.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Soloman & Sylvia Bronstein Foundation's revenue has grown at a compound annual growth rate (CAGR) of 24.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.0% | -12.6% | +4.2% |
| 2022 | +4.5% | +8.2% | -1.7% |
| 2021 | +232.6% | +7.2% | -1.5% |
| 2020 | -65.9% | -1.0% | -10.8% |
| 2016 | -43.3% | +6.3% | -1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Soloman & Sylvia Bronstein Foundation with a Mission Score of 65 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Soloman & Sylvia Bronstein Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $171K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, but the 'l1' designation in recent filings suggests a single compensated individual, likely receiving a portion of the administrative expenses.
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 Soloman & Sylvia Bronstein Foundation's IRS 990 filings:
- Revenue has been consistently lower than expenses in recent years (e.g., 202306: revenue $594,806 vs. expenses $423,504; 202206: revenue $402,010 vs. expenses $484,623), indicating reliance on asset drawdowns or prior year surpluses.
- The consistent reporting of 0% fundraising costs might be misleading if significant fundraising activities are occurring but not categorized as such, or if the foundation relies solely on passive income.
Strengths
The following positive indicators were identified for Soloman & Sylvia Bronstein Foundation:
- The foundation maintains a substantial asset base (e.g., $4,559,141 in 2023) relative to its annual expenses, providing financial stability.
- A high percentage of expenses appears to be directed towards programs, as implied by the low administrative and fundraising percentages.
Frequently Asked Questions about Soloman & Sylvia Bronstein Foundation
Is Soloman & Sylvia Bronstein Foundation a legitimate charity?
Soloman & Sylvia Bronstein Foundation (EIN: 222656339) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 65/100. It has 9 years of IRS 990 filings on record. Total revenue: $4.2M. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Soloman & Sylvia Bronstein Foundation spend its money?
Soloman & Sylvia Bronstein Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Soloman & Sylvia Bronstein Foundation tax-deductible?
Soloman & Sylvia Bronstein Foundation is registered as a tax-exempt nonprofit (EIN: 222656339). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Soloman & Sylvia Bronstein Foundation's spending goes to programs?
Soloman & Sylvia Bronstein Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Soloman & Sylvia Bronstein Foundation located?
Soloman & Sylvia Bronstein Foundation is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 222656339.
How many years of IRS 990 filings does Soloman & Sylvia Bronstein Foundation have?
Soloman & Sylvia Bronstein Foundation 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 $4.2M in total revenue.
What does Soloman & Sylvia Bronstein Foundation do?
Soloman & Sylvia Bronstein Foundation is a nonprofit organization in the Unknown sector, located in Philadelphia, Pennsylvania. It is classified under NTEE code Unknown.
How much revenue does Soloman & Sylvia Bronstein Foundation have?
Soloman & Sylvia Bronstein Foundation reported total revenue of $4,191,249. Based on 9 IRS 990 filings on record.
What are Soloman & Sylvia Bronstein Foundation's total assets?
Soloman & Sylvia Bronstein Foundation holds total assets of $4,559,141 as reported in IRS 990 filings.
Where is Soloman & Sylvia Bronstein Foundation located?
Soloman & Sylvia Bronstein Foundation is based in Philadelphia, Pennsylvania.
What is Soloman & Sylvia Bronstein Foundation's EIN?
Soloman & Sylvia Bronstein Foundation's Employer Identification Number (EIN) is 222656339. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Soloman & Sylvia Bronstein Foundation?
Soloman & Sylvia Bronstein Foundation is classified under NTEE code Unknown (Unknown).
Is Soloman & Sylvia Bronstein Foundation a registered 501(c)(3)?
Soloman & Sylvia Bronstein Foundation appears in IRS records (EIN: 222656339). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Soloman & Sylvia Bronstein Foundation file IRS Form 990?
Yes, Soloman & Sylvia Bronstein Foundation has 9 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Soloman & Sylvia Bronstein Foundation's revenue in 2023?
In the 202306 filing period, Soloman & Sylvia Bronstein Foundation reported total revenue of $594,806, total expenses of $423,504, and net assets of $4,512,394.
Is Soloman & Sylvia Bronstein Foundation's revenue growing or declining?
Soloman & Sylvia Bronstein Foundation's revenue is growing. Revenue went from $402,010 (202206) to $594,806 (202306), a +48.0% change. Based on 9 filings on record.
What is Soloman & Sylvia Bronstein Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Soloman & Sylvia Bronstein Foundation covers tax period 202306. It shows revenue of $594,806, expenses of $423,504, total assets of $4,512,394, and liabilities of $1.
How much does Soloman & Sylvia Bronstein Foundation spend on programs vs administration?
Based on IRS 990 analysis, Soloman & Sylvia Bronstein Foundation allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Soloman & Sylvia Bronstein Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Soloman & Sylvia Bronstein Foundation shows mixed signals. Mission Score: 65/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Soloman & Sylvia Bronstein Foundation?
The following concerns were identified: Revenue has been consistently lower than expenses in recent years (e.g., 202306: revenue $594,806 vs. expenses $423,504; 202206: revenue $402,010 vs. expenses $484,623), indicating reliance on asset drawdowns or prior year surpluses.. The consistent reporting of 0% fundraising costs might be misleading if significant fundraising activities are occurring but not categorized as such, or if the foundation relies solely on passive income.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Soloman & Sylvia Bronstein Foundation's strengths?
Positive indicators for Soloman & Sylvia Bronstein Foundation include: The foundation maintains a substantial asset base (e.g., $4,559,141 in 2023) relative to its annual expenses, providing financial stability.. A high percentage of expenses appears to be directed towards programs, as implied by the low administrative and fundraising percentages.. These findings are derived from AI analysis of the organization's financial filings.
How does Soloman & Sylvia Bronstein Foundation compensate executives?
Executive compensation is not explicitly detailed in the provided data, but the 'l1' designation in recent filings suggests a single compensated individual, likely receiving a portion of the administrative expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of 0% fundraising costs and revenue often below expenses, how does the foundation sustain its operations and programs without depleting its assets more rapidly?
The foundation likely relies heavily on its endowment income and investment returns to cover operational costs and program expenses, supplementing lower direct revenue. The 'l1' in filings suggests a single compensated individual, keeping administrative overhead low.
Filing History
IRS 990 filing history for Soloman & Sylvia Bronstein Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Soloman & Sylvia Bronstein Foundation's revenue has grown by 1046.3%, moving from $52K to $595K. Total assets decreased by 8.3% over the same period, from $4.9M to $4.5M. Total functional expenses rose by 40.4%, from $302K to $424K. In its most recent filing year (2023), Soloman & Sylvia Bronstein Foundation reported a surplus of $171K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $595K | $424K | $4.5M | $1 | — | View 990 |
| 2022 | $402K | $485K | $4.3M | $1 | — | View 990 |
| 2021 | $385K | $448K | $4.4M | $1 | — | View 990 |
| 2020 | $116K | $418K | $4.5M | $1 | — | — |
| 2016 | $339K | $422K | $5.0M | $0 | — | View 990 |
| 2015 | $597K | $397K | $5.1M | $0 | — | View 990 |
| 2014 | $283K | $359K | $4.9M | $0 | — | View 990 |
| 2013 | $328K | $310K | $4.9M | $0 | — | View 990 |
| 2012 | $52K | $302K | $4.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $595K, expenses of $424K, and assets of $4.5M (revenue +48.0% year-over-year).
- 2022: Revenue of $402K, expenses of $485K, and assets of $4.3M (revenue +4.5% year-over-year).
- 2021: Revenue of $385K, expenses of $448K, and assets of $4.4M (revenue +232.6% year-over-year).
- 2020: Revenue of $116K, expenses of $418K, and assets of $4.5M (revenue -65.9% year-over-year).
- 2016: Revenue of $339K, expenses of $422K, and assets of $5.0M (revenue -43.3% year-over-year).
- 2015: Revenue of $597K, expenses of $397K, and assets of $5.1M (revenue +111.3% year-over-year).
- 2014: Revenue of $283K, expenses of $359K, and assets of $4.9M (revenue -13.9% year-over-year).
- 2013: Revenue of $328K, expenses of $310K, and assets of $4.9M (revenue +532.9% year-over-year).
- 2012: Revenue of $52K, expenses of $302K, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Soloman & Sylvia Bronstein Foundation:
Data Sources and Methodology
This transparency report for Soloman & Sylvia Bronstein 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.