The Barbara & Harold Gottesman Family Foundation

Barbara & Harold Gottesman Family Foundation consistently disburses more than annual revenue from its substantial endowment with no officer compensation.

EIN: 206714063 · Chatham, NJ · NTEE: T22 · Updated: 2026-03-28

$808KRevenue
$2.3MAssets
90/100Mission Score (Excellent)
T22
The Barbara & Harold Gottesman Family Foundation Financial Summary
MetricValue
Total Revenue$808K
Total Expenses$416K
Program Spending95%
CEO/Top Officer Pay$2
Net Assets$2.0M
Transparency Score90/100

Is The Barbara & Harold Gottesman Family Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

The Barbara & Harold Gottesman Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About The Barbara & Harold Gottesman Family Foundation

The Barbara & Harold Gottesman Family Foundation (EIN: 206714063) is a nonprofit organization based in Chatham, NJ, classified under NTEE code T22. The organization reported total revenue of $808K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Barbara & Harold Gottesman Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

The Barbara & Harold Gottesman Family Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$100K
Total Expenses$416K
Surplus / Deficit$-315,183
Total Assets$2.0M
Total Liabilities$1
Net Assets$2.0M
Operating Margin-314.1%
Debt-to-Asset Ratio0.0%
Months of Reserves58.1 months

Financial Health Grade: B

In 2023, The Barbara & Harold Gottesman Family Foundation reported a deficit of $315K with expenses exceeding revenue, holds 58.1 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 (2011–2023), The Barbara & Harold Gottesman Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+33.3%+1.8%-13.5%
2022-95.7%+6.8%-12.5%
2021+1320.0%+13.1%+85.1%
2020+54.0%+36.7%-12.9%
2019+4.6%-17.9%-26.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Barbara & Harold Gottesman Family Foundation operates as a private foundation, which is evident from its consistent pattern of expenses significantly exceeding revenue in most years, indicating it primarily disburses funds from its endowment rather than relying on public donations. For example, in 2023, revenue was $100,348 while expenses were $415,531. The foundation maintains a healthy asset base, with assets consistently over $2 million in recent years, reaching $2,012,706 in 2023, which supports its grant-making activities. Its liabilities are consistently reported as minimal ($1), suggesting strong financial stability and no significant debt burden. The organization demonstrates strong spending efficiency in terms of administrative overhead, as it reports 0% officer compensation across all available filings, implying a volunteer or very low-cost operational model. This allows a greater proportion of its expenditures to go towards its programmatic goals. However, as a private foundation, its transparency is primarily through its IRS 990 filings, which are publicly available. The NTEE code T22 indicates it is a private grantmaking foundation, aligning with its financial activities. Overall, the foundation appears financially sound and efficient in its operations, consistently distributing funds in excess of annual revenue from its substantial asset base. Its minimal liabilities and lack of officer compensation are positive indicators of responsible financial management and a focus on its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates The Barbara & Harold Gottesman 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

According to IRS 990 filings, The Barbara & Harold Gottesman Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$100KTotal Revenue
$416KTotal Expenses
$2.0MTotal Assets
$1Total Liabilities
$2.0MNet Assets

Executive Compensation Analysis

The foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership serves without pay or with negligible compensation, which is highly efficient for a nonprofit of its size with assets over $2 million.

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 The Barbara & Harold Gottesman Family Foundation's IRS 990 filings:

Strengths

The following positive indicators were identified for The Barbara & Harold Gottesman Family Foundation:

Frequently Asked Questions about The Barbara & Harold Gottesman Family Foundation

Is The Barbara & Harold Gottesman Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Barbara & Harold Gottesman Family Foundation (EIN: 206714063) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

How does The Barbara & Harold Gottesman Family Foundation spend its money?

The Barbara & Harold Gottesman Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to The Barbara & Harold Gottesman Family Foundation tax-deductible?

The Barbara & Harold Gottesman Family Foundation is registered as a tax-exempt nonprofit (EIN: 206714063). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the The Barbara & Harold Gottesman Family Foundation CEO make?

The Barbara & Harold Gottesman Family Foundation's highest-compensated officer earns $2 annually. The organization reported $808K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does The Barbara & Harold Gottesman Family Foundation compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), The Barbara & Harold Gottesman Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is The Barbara & Harold Gottesman Family Foundation located?

The Barbara & Harold Gottesman Family Foundation is headquartered in Chatham, New Jersey and files with the IRS under EIN 206714063. It is classified under NTEE code T22.

How many years of IRS 990 filings does The Barbara & Harold Gottesman Family Foundation have?

The Barbara & Harold Gottesman 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 $808K in total revenue.

Is The Barbara & Harold Gottesman Family Foundation a good charity?

As a private grantmaking foundation, it appears to be a well-managed entity. It consistently disburses funds, maintains a strong asset base, and reports 0% officer compensation, suggesting high efficiency and a strong commitment to its mission through grantmaking.

How does the foundation fund its operations given expenses often exceed revenue?

The foundation primarily funds its operations and grantmaking through its substantial endowment. Its assets consistently exceed $2 million, allowing it to disburse funds (e.g., $415,531 in expenses in 2023) even when annual revenue is lower (e.g., $100,348 in 2023).

What is the foundation's approach to executive compensation?

The foundation reports 0% officer compensation in all available filings, indicating a highly efficient model where executive leadership is either volunteer-based or compensated minimally, ensuring more funds are available for its mission.

Filing History

IRS 990 filing history for The Barbara & Harold Gottesman Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), The Barbara & Harold Gottesman Family Foundation's revenue has grown by 23.6%, moving from $81K to $100K. Total assets decreased by 23.3% over the same period, from $2.6M to $2.0M. Total functional expenses rose by 149.3%, from $167K to $416K. In its most recent filing year (2023), The Barbara & Harold Gottesman Family Foundation reported a deficit of $315K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $100K $416K $2.0M $1 View 990
2022 $75K $408K $2.3M $1 View 990
2021 $1.8M $382K $2.7M $1 View 990
2020 $124K $338K $1.4M $1
2019 $81K $247K $1.6M $1 View 990
2015 $77K $301K $2.3M $1 View 990
2014 $144K $193K $2.5M $1 View 990
2013 $77K $146K $2.5M $1 View 990
2012 $93K $125K $2.6M $1 View 990
2011 $81K $167K $2.6M $1 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for The Barbara & Harold Gottesman Family Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for The Barbara & Harold Gottesman 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.

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