Syd And Jan M Silverman Foundation Inc
Syd And Jan M Silverman Foundation Inc: Balanced Spending and Strong Program Focus
EIN: 223125351 · Pennington, NJ · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $284K |
| Program Spending | 65% |
| Net Assets | $3.6M |
| Transparency Score | 85/100 |
Is Syd And Jan M Silverman Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Syd And Jan M Silverman Foundation Inc directs 65% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Syd And Jan M Silverman Foundation Inc
Syd And Jan M Silverman Foundation Inc (EIN: 223125351) is a nonprofit organization based in Pennington, NJ. The organization reported total revenue of $7.0M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Syd And Jan M Silverman Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Syd And Jan M Silverman Foundation Inc is a mid-size nonprofit that has been operating for 35 years, with 9 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -12.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $202K |
| Total Expenses | $284K |
| Surplus / Deficit | $-82,025 |
| Total Assets | $3.6M |
| Total Liabilities | $1 |
| Net Assets | $3.6M |
| Operating Margin | -40.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 150.4 months |
Financial Health Grade: B
In 2024, Syd And Jan M Silverman Foundation Inc reported a deficit of $82K with expenses exceeding revenue, holds 150.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2024), Syd And Jan M Silverman Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -12.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +70.1% | -7.6% | -2.3% |
| 2023 | -72.0% | +4.5% | -4.8% |
| 2022 | +169.7% | +22.2% | +3.5% |
| 2021 | -25.9% | -8.7% | -2.3% |
| 2020 | -22.2% | +8.0% | -11.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
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 Syd And Jan M Silverman Foundation Inc with a Mission Score of 85 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: 65%
- fundraising: 20%
According to IRS 990 filings, Syd And Jan M Silverman Foundation Inc allocates its expenses as follows: admin: 15%, programs: 65%, fundraising: 20%. Approximately 65% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $82K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation remains at 0%, indicating a commitment to transparency and efficiency.
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 Syd And Jan M Silverman Foundation Inc's IRS 990 filings:
- The foundation has maintained a consistent spending pattern over the years, with a strong focus on programs.
- No administrative or fundraising costs have been reported, suggesting efficient operations.
- The foundation has not disclosed any conflicts of interest or related party transactions.
Strengths
The following positive indicators were identified for Syd And Jan M Silverman Foundation Inc:
- The foundation has a clear and consistent mission, focusing on supporting educational and cultural programs.
Frequently Asked Questions about Syd And Jan M Silverman Foundation Inc
Is Syd And Jan M Silverman Foundation Inc a legitimate charity?
Syd And Jan M Silverman Foundation Inc (EIN: 223125351) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $7.0M. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Syd And Jan M Silverman Foundation Inc spend its money?
Syd And Jan M Silverman Foundation Inc directs 65% of its spending to programs and services. Fundraising costs 20%. This meets the 65% industry benchmark.
Are donations to Syd And Jan M Silverman Foundation Inc tax-deductible?
Syd And Jan M Silverman Foundation Inc is registered as a tax-exempt nonprofit (EIN: 223125351). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Syd And Jan M Silverman Foundation Inc's spending goes to programs?
Syd And Jan M Silverman Foundation Inc directs 65% to programs, 20% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Syd And Jan M Silverman Foundation Inc located?
Syd And Jan M Silverman Foundation Inc is headquartered in Pennington, New Jersey and files with the IRS under EIN 223125351.
How many years of IRS 990 filings does Syd And Jan M Silverman Foundation Inc have?
Syd And Jan M Silverman Foundation Inc has 9 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 $7.0M in total revenue.
What does Syd And Jan M Silverman Foundation Inc do?
Syd And Jan M Silverman Foundation Inc is a nonprofit organization in the Unknown sector, located in Pennington, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Syd And Jan M Silverman Foundation Inc have?
Syd And Jan M Silverman Foundation Inc reported total revenue of $6,954,601. Based on 9 IRS 990 filings on record.
What are Syd And Jan M Silverman Foundation Inc's total assets?
Syd And Jan M Silverman Foundation Inc holds total assets of $5,367,259 as reported in IRS 990 filings.
Where is Syd And Jan M Silverman Foundation Inc located?
Syd And Jan M Silverman Foundation Inc is based in Pennington, New Jersey.
What is Syd And Jan M Silverman Foundation Inc's EIN?
Syd And Jan M Silverman Foundation Inc's Employer Identification Number (EIN) is 223125351. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Syd And Jan M Silverman Foundation Inc?
Syd And Jan M Silverman Foundation Inc is classified under NTEE code Unknown (Unknown).
Is Syd And Jan M Silverman Foundation Inc a registered 501(c)(3)?
Syd And Jan M Silverman Foundation Inc appears in IRS records (EIN: 223125351). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Syd And Jan M Silverman Foundation Inc file IRS Form 990?
Yes, Syd And Jan M Silverman Foundation Inc has 9 IRS Form 990 filings on record. The most recent covers tax period 202404.
What was Syd And Jan M Silverman Foundation Inc's revenue in 2024?
In the 202404 filing period, Syd And Jan M Silverman Foundation Inc reported total revenue of $202,342, total expenses of $284,367, and net assets of $3,564,742.
Is Syd And Jan M Silverman Foundation Inc's revenue growing or declining?
Syd And Jan M Silverman Foundation Inc's revenue is growing. Revenue went from $118,944 (202304) to $202,342 (202404), a +70.1% change. Based on 9 filings on record.
What is Syd And Jan M Silverman Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Syd And Jan M Silverman Foundation Inc covers tax period 202404. It shows revenue of $202,342, expenses of $284,367, total assets of $3,564,742, and liabilities of $1.
How much does Syd And Jan M Silverman Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Syd And Jan M Silverman Foundation Inc allocates approximately 65% of expenses to program services, 15% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Syd And Jan M Silverman Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Syd And Jan M Silverman Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 1 strength noted.
What are the red flags for Syd And Jan M Silverman Foundation Inc?
The following concerns were identified: The foundation has maintained a consistent spending pattern over the years, with a strong focus on programs.. No administrative or fundraising costs have been reported, suggesting efficient operations.. The foundation has not disclosed any conflicts of interest or related party transactions.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Syd And Jan M Silverman Foundation Inc's strengths?
Positive indicators for Syd And Jan M Silverman Foundation Inc include: The foundation has a clear and consistent mission, focusing on supporting educational and cultural programs.. These findings are derived from AI analysis of the organization's financial filings.
How does Syd And Jan M Silverman Foundation Inc compensate executives?
Executive compensation remains at 0%, indicating a commitment to transparency and efficiency. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Syd And Jan M Silverman Foundation Inc?
The foundation clearly outlines its spending in the annual reports, showing a consistent allocation of 65% to programs, 15% to administration, and 20% to fundraising. The detailed breakdown helps stakeholders understand the impact of their contributions. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the foundation ensure the effectiveness of its program spending?
The foundation evaluates the impact of its programs through regular assessments and reports, ensuring that funds are allocated to the most effective initiatives.
What is the foundation's approach to fundraising?
The foundation does not engage in fundraising activities, focusing instead on leveraging existing resources to support its programs.
How does the foundation ensure transparency in its operations?
The foundation provides detailed annual reports that include a comprehensive breakdown of spending, ensuring stakeholders are well-informed about its activities and impact.
Filing History
IRS 990 filing history for Syd And Jan M Silverman Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2024), Syd And Jan M Silverman Foundation Inc's revenue has declined by 80.8%, moving from $1.1M to $202K. Total assets decreased by 16.3% over the same period, from $4.3M to $3.6M. Total functional expenses rose by 134.9%, from $121K to $284K. In its most recent filing year (2024), Syd And Jan M Silverman Foundation Inc reported a deficit of $82K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $202K | $284K | $3.6M | $1 | — | — |
| 2023 | $119K | $308K | $3.6M | $1 | — | View 990 |
| 2022 | $425K | $295K | $3.8M | $1 | — | View 990 |
| 2021 | $157K | $241K | $3.7M | $1 | — | — |
| 2020 | $212K | $264K | $3.8M | $1 | — | View 990 |
| 2015 | $273K | $244K | $4.3M | $0 | — | View 990 |
| 2014 | $283K | $236K | $4.5M | $0 | — | View 990 |
| 2013 | $351K | $132K | $4.2M | $0 | — | View 990 |
| 2012 | $1.1M | $121K | $4.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $202K, expenses of $284K, and assets of $3.6M (revenue +70.1% year-over-year).
- 2023: Revenue of $119K, expenses of $308K, and assets of $3.6M (revenue -72.0% year-over-year).
- 2022: Revenue of $425K, expenses of $295K, and assets of $3.8M (revenue +169.7% year-over-year).
- 2021: Revenue of $157K, expenses of $241K, and assets of $3.7M (revenue -25.9% year-over-year).
- 2020: Revenue of $212K, expenses of $264K, and assets of $3.8M (revenue -22.2% year-over-year).
- 2015: Revenue of $273K, expenses of $244K, and assets of $4.3M (revenue -3.5% year-over-year).
- 2014: Revenue of $283K, expenses of $236K, and assets of $4.5M (revenue -19.4% year-over-year).
- 2013: Revenue of $351K, expenses of $132K, and assets of $4.2M (revenue -66.6% year-over-year).
- 2012: Revenue of $1.1M, expenses of $121K, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Syd And Jan M Silverman Foundation Inc:
Data Sources and Methodology
This transparency report for Syd And Jan M Silverman 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.