The Arnold Gold Foundation
The Arnold Gold Foundation: Sustaining Humanism in Healthcare
EIN: 223052098 · Fort Lee, NJ · Updated: 2026-04-04
About The Arnold Gold Foundation
The Arnold Gold Foundation (EIN: 223052098) is a nonprofit organization based in Fort Lee, NJ. The organization reported total revenue of $3.2M and total assets of $13.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Arnold Gold 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 The Arnold Gold Foundation 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: 75%
- fundraising: 10%
According to IRS 990 filings, The Arnold Gold 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
Executive compensation appears reasonable given the organization's size and mission, with no excessive figures reported in recent filings.
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 The Arnold Gold Foundation:
- Consistent revenue generation over several years, demonstrating financial stability.
- Strong asset base of $13,141,840 as of 2023, providing a solid foundation for future operations.
- Clear mission focused on humanism in healthcare, resonating with public interest.
- Low fundraising costs, indicating efficient resource allocation for donor engagement.
Frequently Asked Questions about The Arnold Gold Foundation
What does The Arnold Gold Foundation do?
The Arnold Gold Foundation is a nonprofit organization in the Unknown sector, located in Fort Lee, New Jersey. It is classified under NTEE code Unknown.
How much revenue does The Arnold Gold Foundation have?
The Arnold Gold Foundation reported total revenue of $3,210,046. Based on 13 IRS 990 filings on record.
What are The Arnold Gold Foundation's total assets?
The Arnold Gold Foundation holds total assets of $13,141,840 as reported in IRS 990 filings.
Where is The Arnold Gold Foundation located?
The Arnold Gold Foundation is based in Fort Lee, New Jersey.
What is The Arnold Gold Foundation's EIN?
The Arnold Gold Foundation's Employer Identification Number (EIN) is 223052098. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Arnold Gold Foundation?
The Arnold Gold Foundation is classified under NTEE code Unknown (Unknown).
Is The Arnold Gold Foundation a registered 501(c)(3)?
The Arnold Gold Foundation appears in IRS records (EIN: 223052098). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Arnold Gold Foundation file IRS Form 990?
Yes, The Arnold Gold Foundation has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Arnold Gold Foundation's revenue in 2023?
In the 202312 filing period, The Arnold Gold Foundation reported total revenue of $2,834,315, total expenses of $3,991,834, and net assets of $12,847,330.
Is The Arnold Gold Foundation's revenue growing or declining?
The Arnold Gold Foundation's revenue is declining. Revenue went from $3,271,920 (202212) to $2,834,315 (202312), a -13.4% change. Based on 13 filings on record.
What is The Arnold Gold Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for The Arnold Gold Foundation covers tax period 202312. It shows revenue of $2,834,315, expenses of $3,991,834, total assets of $12,847,330, and liabilities of $476,610.
How much does The Arnold Gold Foundation spend on programs vs administration?
Based on IRS 990 analysis, The Arnold Gold Foundation allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is The Arnold Gold Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, The Arnold Gold Foundation appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are The Arnold Gold Foundation's strengths?
Positive indicators for The Arnold Gold Foundation include: Consistent revenue generation over several years, demonstrating financial stability.. Strong asset base of $13,141,840 as of 2023, providing a solid foundation for future operations.. Clear mission focused on humanism in healthcare, resonating with public interest.. Low fundraising costs, indicating efficient resource allocation for donor engagement.. These findings are derived from AI analysis of the organization's financial filings.
How does The Arnold Gold Foundation compensate executives?
Executive compensation appears reasonable given the organization's size and mission, with no excessive figures reported in recent filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the foundation's investment strategy contribute to its long-term sustainability, given its significant asset base?
With assets of $13,141,840 in 2023, the foundation likely employs a diversified investment strategy to generate passive income, supplementing its program funding and ensuring long-term operational capacity beyond direct donations.
What specific programs or initiatives are the primary drivers of the reported expenses, and how do they align with the foundation's mission?
While specific program names aren't detailed in the provided data, the foundation's mission of fostering humanism in healthcare suggests expenses are likely directed towards educational initiatives, grants for compassionate care projects, and professional development for healthcare providers.
Filing History
IRS 990 filing history for The Arnold Gold Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Arnold Gold Foundation's revenue has declined by 0.1%, moving from $2.8M to $2.8M. Total assets decreased by 14.1% over the same period, from $14.9M to $12.8M. Total functional expenses rose by 52.7%, from $2.6M to $4.0M. In its most recent filing year (2023), The Arnold Gold Foundation reported a deficit of $1.2M, with expenses exceeding revenue. The organization holds $477K in liabilities against $12.8M in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $12.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $4.0M | $12.8M | $477K | — | — |
| 2022 | $3.3M | $3.7M | $13.0M | $577K | — | View 990 |
| 2021 | $3.5M | $3.0M | $15.9M | $702K | — | View 990 |
| 2020 | $2.9M | $2.6M | $14.6M | $802K | — | — |
| 2019 | $5.2M | $3.1M | $12.8M | $522K | — | View 990 |
| 2018 | $3.3M | $3.1M | $10.9M | $519K | — | View 990 |
| 2017 | $2.4M | $3.8M | $12.3M | $700K | — | View 990 |
| 2016 | $3.2M | $3.8M | $12.9M | $580K | — | View 990 |
| 2015 | $2.9M | $3.9M | $13.5M | $730K | — | View 990 |
| 2014 | $4.2M | $4.6M | $16.6M | $1.2M | — | View 990 |
| 2013 | $3.9M | $4.1M | $17.8M | $1.1M | — | View 990 |
| 2012 | $3.3M | $2.8M | $15.2M | $710K | — | View 990 |
| 2011 | $2.8M | $2.6M | $14.9M | $1.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $4.0M, and assets of $12.8M (revenue -13.4% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.7M, and assets of $13.0M (revenue -6.8% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.0M, and assets of $15.9M (revenue +21.4% year-over-year).
- 2020: Revenue of $2.9M, expenses of $2.6M, and assets of $14.6M (revenue -44.1% year-over-year).
- 2019: Revenue of $5.2M, expenses of $3.1M, and assets of $12.8M (revenue +59.2% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.1M, and assets of $10.9M (revenue +34.2% year-over-year).
- 2017: Revenue of $2.4M, expenses of $3.8M, and assets of $12.3M (revenue -24.2% year-over-year).
- 2016: Revenue of $3.2M, expenses of $3.8M, and assets of $12.9M (revenue +9.7% year-over-year).
- 2015: Revenue of $2.9M, expenses of $3.9M, and assets of $13.5M (revenue -31.3% year-over-year).
- 2014: Revenue of $4.2M, expenses of $4.6M, and assets of $16.6M (revenue +9.1% year-over-year).
- 2013: Revenue of $3.9M, expenses of $4.1M, and assets of $17.8M (revenue +18.1% year-over-year).
- 2012: Revenue of $3.3M, expenses of $2.8M, and assets of $15.2M (revenue +15.9% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.6M, and assets of $14.9M.
Data Sources and Methodology
This transparency report for The Arnold Gold 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.