Stonewall Community Foundation
Stonewall Community Foundation shows strong asset growth but recent operating deficits.
EIN: 133550688 · New York, NY · NTEE: R110 · Updated: 2026-03-28
Is Stonewall Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stonewall Community Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stonewall Community Foundation
Stonewall Community Foundation (EIN: 133550688) is a nonprofit organization based in New York, NY, classified under NTEE code R110. The organization reported total revenue of $2.9M and total assets of $6.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stonewall Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Stonewall Community Foundation with a Mission Score of 80 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Stonewall Community Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, suggesting either volunteer leadership or compensation below IRS reporting thresholds for officers, which is a positive indicator for resource allocation to mission.
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 Stonewall Community Foundation's IRS 990 filings:
- Expenses exceeded revenue in 2022 ($2,417,338 expenses vs. $1,756,228 revenue) and 2023 ($2,247,232 expenses vs. $1,686,785 revenue), indicating operating deficits.
- Significant fluctuation in revenue, with a peak of over $5 million in 2021, followed by a substantial drop in subsequent years, which could indicate reliance on unpredictable large donations.
Strengths
The following positive indicators were identified for Stonewall Community Foundation:
- Consistent asset growth over the past decade, reaching $5,686,025 in 2023, indicating financial stability and capacity.
- Zero reported officer compensation across all available filings, suggesting efficient use of funds or volunteer leadership.
- Long history of IRS 990 filings (13 periods), demonstrating transparency and compliance.
- Substantial assets relative to liabilities ($5,686,025 assets vs. $1,149,994 liabilities in 2023), indicating a healthy balance sheet.
Frequently Asked Questions about Stonewall Community Foundation
Is Stonewall Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Stonewall Community Foundation (EIN: 133550688) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Stonewall Community Foundation spend its money?
Stonewall Community Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Stonewall Community Foundation tax-deductible?
Stonewall Community Foundation is registered as a tax-exempt nonprofit (EIN: 133550688). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Stonewall Community Foundation a good charity?
Based on the available data, Stonewall Community Foundation appears to be a well-established organization with significant assets and a consistent history of operations. The 0% reported officer compensation is a strong positive. However, the recent trend of expenses exceeding revenue in 2022 and 2023 (e.g., $2,247,232 expenses vs. $1,686,785 revenue in 2023) is a financial concern that warrants further investigation into its sustainability.
What caused the significant revenue fluctuation in 2021?
In 2021, the organization reported a revenue of $5,074,807, which is significantly higher than its typical annual revenue (e.g., $1,756,228 in 2022 and $1,686,785 in 2023). This spike could be due to a major one-time donation, a successful capital campaign, or a significant grant, and understanding its source would provide insight into the organization's fundraising capacity.
How does the organization plan to address the recent operating deficits?
The organization experienced operating deficits of $661,110 in 2022 and $560,447 in 2023. While it has substantial assets ($5,686,025 in 2023) to absorb these, a sustained trend could erode its financial stability. Information on strategies to increase revenue or control expenses would be crucial for assessing future financial health.
Filing History
IRS 990 filing history for Stonewall Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stonewall Community Foundation's revenue has grown by 30.6%, moving from $1.3M to $1.7M. Total assets increased by 238.5% over the same period, from $1.7M to $5.7M. Total functional expenses rose by 71.1%, from $1.3M to $2.2M. In its most recent filing year (2023), Stonewall Community Foundation reported a deficit of $560K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $5.7M in assets (debt-to-asset ratio: 20.2%), resulting in net assets of $4.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $2.2M | $5.7M | $1.1M | — | — |
| 2022 | $1.8M | $2.4M | $5.7M | $972K | — | — |
| 2021 | $5.1M | $2.7M | $7.9M | $1.9M | — | View 990 |
| 2020 | $2.8M | $1.9M | $5.4M | $1.8M | — | View 990 |
| 2019 | $2.1M | $999K | $4.4M | $1.7M | — | View 990 |
| 2018 | $1.0M | $1.1M | $3.1M | $1.5M | — | View 990 |
| 2017 | $1.1M | $1.0M | $1.8M | $76K | — | View 990 |
| 2016 | $1.2M | $945K | $1.6M | $37K | — | View 990 |
| 2015 | $918K | $975K | $1.4M | $83K | — | View 990 |
| 2014 | $679K | $847K | $1.5M | $75K | — | View 990 |
| 2013 | $1.1M | $1.1M | $1.6M | $31K | — | View 990 |
| 2012 | $1.3M | $1.4M | $1.5M | $48K | — | View 990 |
| 2011 | $1.3M | $1.3M | $1.7M | $203K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $2.2M, and assets of $5.7M (revenue -4.0% year-over-year).
- 2022: Revenue of $1.8M, expenses of $2.4M, and assets of $5.7M (revenue -65.4% year-over-year).
- 2021: Revenue of $5.1M, expenses of $2.7M, and assets of $7.9M (revenue +81.7% year-over-year).
- 2020: Revenue of $2.8M, expenses of $1.9M, and assets of $5.4M (revenue +33.4% year-over-year).
- 2019: Revenue of $2.1M, expenses of $999K, and assets of $4.4M (revenue +102.4% year-over-year).
- 2018: Revenue of $1.0M, expenses of $1.1M, and assets of $3.1M (revenue -7.4% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.0M, and assets of $1.8M (revenue -6.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $945K, and assets of $1.6M (revenue +29.9% year-over-year).
- 2015: Revenue of $918K, expenses of $975K, and assets of $1.4M (revenue +35.2% year-over-year).
- 2014: Revenue of $679K, expenses of $847K, and assets of $1.5M (revenue -37.1% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $1.6M (revenue -19.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.4M, and assets of $1.5M (revenue +4.2% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.3M, and assets of $1.7M.
Data Sources and Methodology
This transparency report for Stonewall Community 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.