Susan And Leonard Feinstein Foundation

Susan And Leonard Feinstein Foundation shows declining assets over a decade, with recent positive revenue but no officer compensation.

EIN: 113131761 · Springfield, NJ · Updated: 2026-03-28

$6.5MRevenue

$30.4MAssets

70/100Mission Score (Good)

Is Susan And Leonard Feinstein Foundation Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Susan And Leonard Feinstein Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Susan And Leonard Feinstein Foundation

Susan And Leonard Feinstein Foundation (EIN: 113131761) is a nonprofit organization based in Springfield, NJ. The organization reported total revenue of $6.5M and total assets of $30.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Susan And Leonard Feinstein Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Susan And Leonard Feinstein Foundation demonstrates a fluctuating financial landscape over the past decade. While the organization reported $5,704,769 in revenue and $4,658,340 in expenses in the most recent 202306 period, its assets have shown a consistent decline from $67,803,342 in 2011 to $36,398,065 in 2023. This trend, coupled with a significant negative revenue of $-5,656,833 in 2021, suggests reliance on its endowment rather than consistent operational income.

Spending efficiency appears reasonable, with expenses generally lower than revenue in recent years, indicating that the foundation is not overspending its incoming funds. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent reporting of 0% officer compensation across all filings is a positive indicator of fiscal responsibility regarding executive pay.

Transparency is generally good, with nine years of publicly available 990 filings. The consistent reporting of zero officer compensation enhances trust. However, the lack of NTEE code information makes it difficult to understand the specific mission area and compare its financial performance against similar organizations. Further detail on the allocation of expenses would improve overall transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Susan And Leonard Feinstein 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Susan And Leonard Feinstein 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors receive compensation from the foundation, which is a strong positive for fiscal responsibility.

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 Susan And Leonard Feinstein Foundation's IRS 990 filings:

Consistent decline in assets over the past decade, from $67.8M in 2011 to $36.4M in 2023.
Significant negative revenue reported in 2021 ($-5,656,833), indicating potential investment losses or unusual financial events.
Lack of NTEE code, making it difficult to understand the organization's specific focus and compare its financial health to peers.

Strengths

The following positive indicators were identified for Susan And Leonard Feinstein Foundation:

Consistent reporting of 0% officer compensation across all filings, indicating strong fiscal responsibility regarding executive pay.
Positive net income in recent years (e.g., $5.7M revenue vs. $4.6M expenses in 2023), suggesting operational efficiency.
Maintains substantial assets ($36.4M in 2023), providing a strong financial base despite the declining trend.

Frequently Asked Questions about Susan And Leonard Feinstein Foundation

Is Susan And Leonard Feinstein Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Susan And Leonard Feinstein Foundation (EIN: 113131761) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

How does Susan And Leonard Feinstein Foundation spend its money?

Susan And Leonard Feinstein Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Susan And Leonard Feinstein Foundation tax-deductible?

Susan And Leonard Feinstein Foundation is registered as a tax-exempt nonprofit (EIN: 113131761). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is the Susan And Leonard Feinstein Foundation financially stable?

While the foundation has significant assets ($36,398,065 in 2023), its assets have declined by nearly 50% since 2011, and it experienced negative revenue in 2021. This suggests a reliance on its endowment and a need for consistent positive revenue generation to maintain long-term stability.

What is the primary purpose of the Susan And Leonard Feinstein Foundation?

Without an NTEE code or detailed program descriptions in the provided data, the specific mission and primary purpose of the foundation are unclear. This information would typically be found within the full 990 filing.

How does the foundation manage its expenses?

In the most recent period (202306), expenses ($4,658,340) were less than revenue ($5,704,769), indicating that the foundation is not overspending its income. However, a detailed breakdown of how these expenses are allocated (programs, administration, fundraising) is not provided in the summary data.

Filing History

IRS 990 filing history for Susan And Leonard Feinstein Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2023), Susan And Leonard Feinstein Foundation's revenue has grown by 67.8%, moving from $3.4M to $5.7M. Total assets decreased by 46.3% over the same period, from $67.8M to $36.4M. Total functional expenses fell by 16.2%, from $5.6M to $4.7M. In its most recent filing year (2023), Susan And Leonard Feinstein Foundation reported a surplus of $1.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $36.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $36.4M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$5.7M	$4.7M	$36.4M	$1	—	View 990
2022	$9.4M	$5.2M	$35.6M	$200K	—	View 990
2021	$-5,656,833	$6.0M	$46.1M	$15.0M	—	—
2020	$4.9M	$6.1M	$45.8M	$3.0M	—	View 990
2015	$1.4M	$6.1M	$53.6M	$0	—	View 990
2014	$3.3M	$5.6M	$58.3M	$0	—	View 990
2013	$3.0M	$5.9M	$60.6M	$0	—	View 990
2012	$1.3M	$5.6M	$63.5M	$0	—	View 990
2011	$3.4M	$5.6M	$67.8M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $5.7M, expenses of $4.7M, and assets of $36.4M (revenue -39.2% year-over-year).
2022: Revenue of $9.4M, expenses of $5.2M, and assets of $35.6M.
2021: Revenue of $-5,656,833, expenses of $6.0M, and assets of $46.1M (revenue -215.5% year-over-year).
2020: Revenue of $4.9M, expenses of $6.1M, and assets of $45.8M (revenue +257.2% year-over-year).
2015: Revenue of $1.4M, expenses of $6.1M, and assets of $53.6M (revenue -58.5% year-over-year).
2014: Revenue of $3.3M, expenses of $5.6M, and assets of $58.3M (revenue +10.4% year-over-year).
2013: Revenue of $3.0M, expenses of $5.9M, and assets of $60.6M (revenue +135.3% year-over-year).
2012: Revenue of $1.3M, expenses of $5.6M, and assets of $63.5M (revenue -62.6% year-over-year).
2011: Revenue of $3.4M, expenses of $5.6M, and assets of $67.8M.

Data Sources and Methodology

This transparency report for Susan And Leonard Feinstein 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.