Sussman Family Foundation
Sussman Family Foundation maintains stable finances with zero officer compensation.
EIN: 133634386 · Far Hills, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $320K |
| Total Expenses | $234K |
| Program Spending | 90% |
| Net Assets | $417K |
| Transparency Score | 90/100 |
Is Sussman Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sussman Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sussman Family Foundation
Sussman Family Foundation (EIN: 133634386) is a nonprofit organization based in Far Hills, NJ. The organization reported total revenue of $320K and total assets of $404K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sussman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sussman Family Foundation is a small nonprofit that has been operating for 34 years, with 10 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 14.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $225K |
| Total Expenses | $234K |
| Surplus / Deficit | $-9,034 |
| Total Assets | $417K |
| Total Liabilities | $1 |
| Net Assets | $417K |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 21.4 months |
Financial Health Grade: B
In 2024, Sussman Family Foundation reported a deficit of $9K with expenses exceeding revenue, holds 21.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2024), Sussman Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.0% | +3.2% | -2.1% |
| 2023 | -26.9% | -4.1% | -3.3% |
| 2022 | +26.4% | +1.5% | +13.8% |
| 2021 | +41.1% | +9.3% | -0.9% |
| 2020 | +154.9% | +337.5% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Sussman Family Foundation with a Mission Score of 90 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Sussman Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of this size.
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.
Strengths
The following positive indicators were identified for Sussman Family Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency.
- Stable asset base over the past decade, demonstrating financial resilience.
- Very low to no liabilities, indicating strong financial health.
- Consistent IRS 990 filing history, showing commitment to transparency.
- Significant growth in revenue over the long term, from $39,571 in 201105 to $224,567 in 202405.
Frequently Asked Questions about Sussman Family Foundation
Is Sussman Family Foundation a legitimate charity?
Sussman Family Foundation (EIN: 133634386) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $320K. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Sussman Family Foundation spend its money?
Sussman Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Sussman Family Foundation tax-deductible?
Sussman Family Foundation is registered as a tax-exempt nonprofit (EIN: 133634386). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sussman Family Foundation located?
Sussman Family Foundation is headquartered in Far Hills, New Jersey and files with the IRS under EIN 133634386.
How many years of IRS 990 filings does Sussman Family Foundation have?
Sussman Family Foundation has 10 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 $320K in total revenue.
Is the Sussman Family Foundation a good charity?
Based on the provided financial data, the Sussman Family Foundation demonstrates strong financial health and efficiency, particularly with 0% officer compensation. This suggests that a very high percentage of its expenses are likely directed towards its charitable mission, making it appear to be a good charity from a financial perspective.
How has the foundation's revenue trended over time?
The foundation's revenue has shown significant growth over the past decade, increasing from $39,571 in 201105 to $224,567 in 202405, with a peak of $289,596 in 202205. This indicates a positive trend in its ability to generate income.
What is the foundation's asset stability?
The foundation's assets have remained relatively stable, fluctuating between $333,233 in 201105 and $440,788 in 202205, with the latest reported assets at $417,098. This indicates a consistent financial base.
Does the foundation have any significant liabilities?
The foundation consistently reports very low liabilities, often $0 or $1, across all available filings. This indicates a very strong financial position with minimal debt.
Filing History
IRS 990 filing history for Sussman Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2024), Sussman Family Foundation's revenue has grown by 467.5%, moving from $40K to $225K. Total assets increased by 25.2% over the same period, from $333K to $417K. Total functional expenses rose by 693.4%, from $29K to $234K. In its most recent filing year (2024), Sussman Family Foundation reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1 in liabilities against $417K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $417K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $225K | $234K | $417K | $1 | — | — |
| 2023 | $212K | $226K | $426K | $1 | — | View 990 |
| 2022 | $290K | $236K | $441K | $1 | — | View 990 |
| 2021 | $229K | $233K | $387K | $1 | — | View 990 |
| 2020 | $162K | $213K | $391K | $1 | — | View 990 |
| 2015 | $64K | $49K | $425K | $1 | — | View 990 |
| 2014 | $55K | $64K | $410K | $1 | — | View 990 |
| 2013 | $66K | $42K | $420K | $0 | — | View 990 |
| 2012 | $104K | $42K | $395K | $0 | — | View 990 |
| 2011 | $40K | $29K | $333K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $225K, expenses of $234K, and assets of $417K (revenue +6.0% year-over-year).
- 2023: Revenue of $212K, expenses of $226K, and assets of $426K (revenue -26.9% year-over-year).
- 2022: Revenue of $290K, expenses of $236K, and assets of $441K (revenue +26.4% year-over-year).
- 2021: Revenue of $229K, expenses of $233K, and assets of $387K (revenue +41.1% year-over-year).
- 2020: Revenue of $162K, expenses of $213K, and assets of $391K (revenue +154.9% year-over-year).
- 2015: Revenue of $64K, expenses of $49K, and assets of $425K (revenue +15.9% year-over-year).
- 2014: Revenue of $55K, expenses of $64K, and assets of $410K (revenue -17.2% year-over-year).
- 2013: Revenue of $66K, expenses of $42K, and assets of $420K (revenue -36.2% year-over-year).
- 2012: Revenue of $104K, expenses of $42K, and assets of $395K (revenue +162.9% year-over-year).
- 2011: Revenue of $40K, expenses of $29K, and assets of $333K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sussman Family Foundation:
Data Sources and Methodology
This transparency report for Sussman Family 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.