Stephen L Altshul Foundation
Stephen L Altshul Foundation consistently spends more than it earns, drawing down its assets.
EIN: 136159069 · Charlestown, MA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $289K |
| Total Expenses | $101K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $974K |
| Transparency Score | 70/100 |
Search Intent Cockpit
Stephen L Altshul Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Stephen L Altshul Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Stephen L Altshul Foundation in one place.
Form 990 Filing Summary
12 filing years are available, with latest revenue of $142K and expenses of $101K.
Revenue and Expenses
Stephen L Altshul Foundation reported $142K in revenue and $101K in expenses, a surplus of $41K.
Executive Compensation
Top officer compensation appears as $1 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
70/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Stephen L Altshul Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $86K (85%) |
Across stored filings, Stephen L Altshul Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 12 stored filing years |
| Peer context | Compare with Joint Committee For Childrens Health Care In Everett | Massachusetts and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Keep the Investigation Moving
Stephen L Altshul Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stephen L Altshul Foundation
Stephen L Altshul Foundation (EIN: 136159069) is a nonprofit organization based in Charlestown, MA, classified under NTEE code T20. The organization reported total revenue of $289K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stephen L Altshul Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stephen L Altshul Foundation is a small nonprofit that has been operating for 12 years, with 12 years of IRS 990 filings on record (2009–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $142K |
| Total Expenses | $101K |
| Surplus / Deficit | +$41K |
| Total Assets | $974K |
| Total Liabilities | $1 |
| Net Assets | $974K |
| Operating Margin | 28.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 115.7 months |
Financial Health Grade: A
In 2024, Stephen L Altshul Foundation reported a surplus of $41K with revenue exceeding expenses, holds 115.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +1364.8% | -8.2% | +4.3% |
| 2023 | -90.2% | -18.8% | -10.1% |
| 2022 | +308.2% | +18.5% | -3.4% |
| 2021 | -79.7% | -5.3% | -7.8% |
| 2020 | +1726.2% | -1.6% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
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 Stephen L Altshul Foundation 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: 85%
- fundraising: 0%
According to IRS 990 filings, Stephen L Altshul Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% 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 $41K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership operates on a volunteer basis, which is highly commendable for an organization of its size with assets over $1 million.
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 Stephen L Altshul Foundation's IRS 990 filings:
- Consistent deficit spending, with expenses frequently exceeding revenue (e.g., 2023: Revenue $9,704, Expenses $110,078).
- Declining asset base over time, from $1,729,418 in 2013 to $973,885 in 2024, indicating reliance on endowment drawdown.
Strengths
The following positive indicators were identified for Stephen L Altshul Foundation:
- Zero executive compensation reported across all filings, indicating volunteer leadership and low overhead.
- Consistent transparency with regular IRS 990 filings.
- Minimal liabilities reported, often $1, suggesting sound debt management.
Frequently Asked Questions about Stephen L Altshul Foundation
Is Stephen L Altshul Foundation a legitimate charity?
Stephen L Altshul Foundation (EIN: 136159069) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $289K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Stephen L Altshul Foundation spend its money?
Stephen L Altshul Foundation directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Stephen L Altshul Foundation tax-deductible?
Stephen L Altshul Foundation is registered as a tax-exempt nonprofit (EIN: 136159069). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Stephen L Altshul Foundation CEO make?
Stephen L Altshul Foundation's highest-compensated officer earns $1 annually. The organization reported $289K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Stephen L Altshul Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Stephen L Altshul Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stephen L Altshul Foundation located?
Stephen L Altshul Foundation is headquartered in Charlestown, Massachusetts and files with the IRS under EIN 136159069. It is classified under NTEE code T20.
How many years of IRS 990 filings does Stephen L Altshul Foundation have?
Stephen L Altshul Foundation has 12 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 $289K in total revenue.
Is the Stephen L Altshul Foundation financially sustainable?
Based on the provided data, the foundation has consistently spent more than its revenue in most recent years (e.g., 2023 revenue $9,704 vs. expenses $110,078), leading to a decline in assets from $1,729,418 in 2013 to $973,885 in 2024. This trend suggests it is not financially sustainable without a change in revenue generation or spending patterns, as it is drawing down its endowment.
What is the primary use of the foundation's funds?
As a T20 NTEE code organization (Philanthropy, Voluntarism, and Grantmaking Foundations), the primary use of funds is expected to be grantmaking to other charitable organizations. Without detailed expense breakdowns, it's assumed the majority of its expenses are programmatic distributions, especially given the lack of officer compensation.
How does the foundation manage its administrative costs?
The foundation appears to manage administrative costs very efficiently, primarily evidenced by the consistent reporting of 0% officer compensation across all available filings. This indicates a volunteer-driven leadership, significantly reducing overhead.
Filing History
IRS 990 filing history for Stephen L Altshul Foundation showing financial trends over 12 years of public records:
Total assets decreased by 26% over the same period, from $1.3M to $974K. Total functional expenses rose by 29104.9%, from $346 to $101K. In its most recent filing year (2024), Stephen L Altshul Foundation reported a surplus of $41K, with revenue exceeding expenses. The organization holds $1 in liabilities against $974K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $974K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $142K | $101K | $974K | $1 | — | View 990 |
| 2023 | $10K | $110K | $934K | $1 | — | View 990 |
| 2022 | $99K | $136K | $1.0M | $1 | — | View 990 |
| 2021 | $24K | $114K | $1.1M | $1 | — | View 990 |
| 2020 | $120K | $121K | $1.2M | $1 | — | View 990 |
| 2016 | $7K | $123K | $1.2M | $1 | — | View 990 |
| 2015 | $62K | $139K | $1.3M | $1 | — | View 990 |
| 2014 | $33K | $326K | $1.4M | $1 | — | View 990 |
| 2013 | $71K | $102K | $1.7M | $0 | — | View 990 |
| 2011 | $233K | $366 | $1.6M | $0 | — | — |
| 2010 | $55K | $717 | $1.4M | $0 | — | — |
| 2009 | $-4,656 | $346 | $1.3M | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $142K, expenses of $101K, and assets of $974K (revenue +1364.8% year-over-year).
- 2023: Revenue of $10K, expenses of $110K, and assets of $934K (revenue -90.2% year-over-year).
- 2022: Revenue of $99K, expenses of $136K, and assets of $1.0M (revenue +308.2% year-over-year).
- 2021: Revenue of $24K, expenses of $114K, and assets of $1.1M (revenue -79.7% year-over-year).
- 2020: Revenue of $120K, expenses of $121K, and assets of $1.2M (revenue +1726.2% year-over-year).
- 2016: Revenue of $7K, expenses of $123K, and assets of $1.2M (revenue -89.4% year-over-year).
- 2015: Revenue of $62K, expenses of $139K, and assets of $1.3M (revenue +90.2% year-over-year).
- 2014: Revenue of $33K, expenses of $326K, and assets of $1.4M (revenue -54.1% year-over-year).
- 2013: Revenue of $71K, expenses of $102K, and assets of $1.7M (revenue -69.7% year-over-year).
- 2011: Revenue of $233K, expenses of $366, and assets of $1.6M (revenue +325.9% year-over-year).
- 2010: Revenue of $55K, expenses of $717, and assets of $1.4M.
- 2009: Revenue of $-4,656, expenses of $346, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stephen L Altshul Foundation:
Data Sources and Methodology
This transparency report for Stephen L Altshul 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.