Statue Of Liberty Ellis Island Foundation Inc
Statue Of Liberty Ellis Island Foundation consistently reports 0% officer compensation and strong asset growth.
EIN: 133118415 · New York, NY · NTEE: A800 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $50.4M |
| Total Expenses | $17.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100 |
| Net Assets | $96.8M |
| Transparency Score | 95/100 |
Is Statue Of Liberty Ellis Island Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Statue Of Liberty Ellis Island Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Statue Of Liberty Ellis Island Foundation Inc
Statue Of Liberty Ellis Island Foundation Inc (EIN: 133118415) is a nonprofit organization based in New York, NY, classified under NTEE code A800. The organization reported total revenue of $50.4M and total assets of $103.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Statue Of Liberty Ellis Island Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Statue Of Liberty Ellis Island Foundation Inc is a major nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 16.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $33.5M |
| Total Expenses | $17.9M |
| Surplus / Deficit | +$15.6M |
| Total Assets | $100.6M |
| Total Liabilities | $3.8M |
| Net Assets | $96.8M |
| Operating Margin | 46.5% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 67.3 months |
Financial Health Grade: A
In 2024, Statue Of Liberty Ellis Island Foundation Inc reported a surplus of $15.6M with revenue exceeding expenses, holds 67.3 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Statue Of Liberty Ellis Island Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +116.9% | +21.9% | +34.4% |
| 2023 | -20.5% | +48.4% | -1.9% |
| 2022 | +120.6% | +43.2% | +10.3% |
| 2021 | -57.3% | -67.1% | +23.8% |
| 2020 | -38.4% | -61.1% | -12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Statue Of Liberty Ellis Island 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Statue Of Liberty Ellis Island Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 surplus of $15.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of this size, with assets exceeding $100 million and annual revenues in the tens of millions, suggesting either volunteer leadership or compensation being covered by an external entity, which would warrant further investigation for full transparency.
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 Statue Of Liberty Ellis Island Foundation Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation for an organization of this scale, warranting further investigation into how leadership is compensated or if it's truly volunteer-led.
Strengths
The following positive indicators were identified for Statue Of Liberty Ellis Island Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing funds to the mission.
- Significant and consistent growth in assets, from $48.8 million in 2015 to over $100 million in 2024, demonstrating financial stability.
- Strong financial health with revenue consistently exceeding expenses in recent years (e.g., $33.5M revenue vs. $17.9M expenses in 2024).
- Low liabilities relative to assets, indicating a healthy balance sheet and low financial risk.
Frequently Asked Questions about Statue Of Liberty Ellis Island Foundation Inc
Is Statue Of Liberty Ellis Island Foundation Inc a legitimate charity?
Statue Of Liberty Ellis Island Foundation Inc (EIN: 133118415) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $50.4M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Statue Of Liberty Ellis Island Foundation Inc spend its money?
Statue Of Liberty Ellis Island Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Statue Of Liberty Ellis Island Foundation Inc tax-deductible?
Statue Of Liberty Ellis Island Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133118415). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Statue Of Liberty Ellis Island Foundation Inc CEO make?
Statue Of Liberty Ellis Island Foundation Inc's highest-compensated officer earns $100 annually. The organization reported $50.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Statue Of Liberty Ellis Island Foundation Inc's spending goes to programs?
Statue Of Liberty Ellis Island Foundation Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Statue Of Liberty Ellis Island Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Statue Of Liberty Ellis Island Foundation Inc is above average for NTEE category A800 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Statue Of Liberty Ellis Island Foundation Inc located?
Statue Of Liberty Ellis Island Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133118415. It is classified under NTEE code A800.
How many years of IRS 990 filings does Statue Of Liberty Ellis Island Foundation Inc have?
Statue Of Liberty Ellis Island Foundation Inc has 13 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 $50.4M in total revenue.
How does the organization manage to report 0% officer compensation despite its significant size and operations?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization with over $100 million in assets and tens of millions in revenue. This could indicate that executive leadership is entirely volunteer-based, compensated by a related entity, or that compensation is reported under a different category, which would require a deeper dive into the full 990 forms for clarification.
What is the specific breakdown of program services versus administrative and fundraising expenses?
While the provided data does not offer a detailed functional expense breakdown, the overall financial health and lack of reported officer compensation suggest a strong focus on program services. A full 990 filing would provide the exact percentages for program, administrative, and fundraising expenses.
What are the primary sources of the organization's revenue fluctuations, such as the jump from $8.8 million in 2021 to $33.5 million in 2024?
Revenue fluctuations, such as the significant increase from $8,809,212 in 2021 to $33,514,202 in 2024, could be attributed to large capital campaigns, major grants, or successful fundraising initiatives tied to specific projects. The nature of the organization's mission often involves large-scale restoration or preservation efforts that can attract substantial, episodic funding.
Filing History
IRS 990 filing history for Statue Of Liberty Ellis Island Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Statue Of Liberty Ellis Island Foundation Inc's revenue has grown by 501.3%, moving from $5.6M to $33.5M. Total assets increased by 165.1% over the same period, from $38.0M to $100.6M. Total functional expenses rose by 167.1%, from $6.7M to $17.9M. In its most recent filing year (2024), Statue Of Liberty Ellis Island Foundation Inc reported a surplus of $15.6M, with revenue exceeding expenses. The organization holds $3.8M in liabilities against $100.6M in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $96.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $33.5M | $17.9M | $100.6M | $3.8M | — | View 990 |
| 2023 | $15.5M | $14.7M | $74.9M | $1.6M | — | View 990 |
| 2022 | $19.4M | $9.9M | $76.3M | $1.2M | — | View 990 |
| 2021 | $8.8M | $6.9M | $69.2M | $2.7M | — | View 990 |
| 2020 | $20.6M | $21.0M | $55.9M | $2.1M | — | View 990 |
| 2019 | $33.5M | $54.0M | $64.0M | $4.4M | — | View 990 |
| 2018 | $33.6M | $41.1M | $111.8M | $30.1M | — | View 990 |
| 2017 | $50.8M | $18.8M | $113.5M | $27.6M | — | View 990 |
| 2016 | $23.3M | $15.5M | $51.8M | $1.4M | — | View 990 |
| 2015 | $19.0M | $17.0M | $48.8M | $2.3M | — | View 990 |
| 2014 | $10.3M | $9.3M | $46.6M | $1.7M | — | View 990 |
| 2013 | $9.1M | $7.8M | $41.2M | $1.2M | — | View 990 |
| 2012 | $5.6M | $6.7M | $38.0M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $33.5M, expenses of $17.9M, and assets of $100.6M (revenue +116.9% year-over-year).
- 2023: Revenue of $15.5M, expenses of $14.7M, and assets of $74.9M (revenue -20.5% year-over-year).
- 2022: Revenue of $19.4M, expenses of $9.9M, and assets of $76.3M (revenue +120.6% year-over-year).
- 2021: Revenue of $8.8M, expenses of $6.9M, and assets of $69.2M (revenue -57.3% year-over-year).
- 2020: Revenue of $20.6M, expenses of $21.0M, and assets of $55.9M (revenue -38.4% year-over-year).
- 2019: Revenue of $33.5M, expenses of $54.0M, and assets of $64.0M (revenue -0.4% year-over-year).
- 2018: Revenue of $33.6M, expenses of $41.1M, and assets of $111.8M (revenue -33.9% year-over-year).
- 2017: Revenue of $50.8M, expenses of $18.8M, and assets of $113.5M (revenue +118.2% year-over-year).
- 2016: Revenue of $23.3M, expenses of $15.5M, and assets of $51.8M (revenue +22.6% year-over-year).
- 2015: Revenue of $19.0M, expenses of $17.0M, and assets of $48.8M (revenue +84.4% year-over-year).
- 2014: Revenue of $10.3M, expenses of $9.3M, and assets of $46.6M (revenue +13.3% year-over-year).
- 2013: Revenue of $9.1M, expenses of $7.8M, and assets of $41.2M (revenue +63.0% year-over-year).
- 2012: Revenue of $5.6M, expenses of $6.7M, and assets of $38.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Statue Of Liberty Ellis Island Foundation Inc:
Data Sources and Methodology
This transparency report for Statue Of Liberty Ellis Island 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.