The Cynthia L And William E Simon J R Foundation
The Cynthia L And William E Simon J R Foundation consistently reports zero officer compensation and shows strong asset growth.
EIN: 133799555 · Morristown, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $707K |
| Total Expenses | $230K |
| Program Spending | 85% |
| Net Assets | $772K |
| Transparency Score | 90/100 |
Is The Cynthia L And William E Simon J R Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Cynthia L And William E Simon J R Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Cynthia L And William E Simon J R Foundation
The Cynthia L And William E Simon J R Foundation (EIN: 133799555) is a nonprofit organization based in Morristown, NJ. The organization reported total revenue of $707K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Cynthia L And William E Simon J R Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Cynthia L And William E Simon J R Foundation is a small nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $686K |
| Total Expenses | $230K |
| Surplus / Deficit | +$456K |
| Total Assets | $772K |
| Total Liabilities | $1 |
| Net Assets | $772K |
| Operating Margin | 66.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 40.3 months |
Financial Health Grade: A
In 2023, The Cynthia L And William E Simon J R Foundation reported a surplus of $456K with revenue exceeding expenses, holds 40.3 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 Cynthia L And William E Simon J R Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1545.5% | -34.7% | +152.9% |
| 2022 | -92.0% | +45.6% | -50.3% |
| 2021 | +1780.4% | +8.7% | +82.8% |
| 2020 | -91.5% | -13.1% | -35.8% |
| 2019 | -56.0% | -45.4% | -8.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 The Cynthia L And William E Simon J R 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Cynthia L And William E Simon J R 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $456K, with revenue exceeding expenses.
- 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 directing funds to the organization's mission.
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 Cynthia L And William E Simon J R Foundation:
- Consistent zero officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Strong asset growth, with assets increasing from $305,232 in 2022 to $772,047 in 2023, and $1,270,340 in the latest report.
- Minimal liabilities reported consistently ($0 or $1), suggesting strong financial health and low risk.
- Positive net income in recent years, such as 2023 where revenue ($685,779) significantly exceeded expenses ($229,964).
Frequently Asked Questions about The Cynthia L And William E Simon J R Foundation
Is The Cynthia L And William E Simon J R Foundation a legitimate charity?
The Cynthia L And William E Simon J R Foundation (EIN: 133799555) 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: $707K. No red flags identified. 4 strengths noted. Financial health grade: A.
How does The Cynthia L And William E Simon J R Foundation spend its money?
The Cynthia L And William E Simon J R Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Cynthia L And William E Simon J R Foundation tax-deductible?
The Cynthia L And William E Simon J R Foundation is registered as a tax-exempt nonprofit (EIN: 133799555). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Cynthia L And William E Simon J R Foundation's spending goes to programs?
The Cynthia L And William E Simon J R Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Cynthia L And William E Simon J R Foundation located?
The Cynthia L And William E Simon J R Foundation is headquartered in Morristown, New Jersey and files with the IRS under EIN 133799555.
How many years of IRS 990 filings does The Cynthia L And William E Simon J R Foundation have?
The Cynthia L And William E Simon J R 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 $707K in total revenue.
Is The Cynthia L And William E Simon J R Foundation a good charity?
Based on the provided IRS 990 data, the foundation appears to be a good charity. It consistently reports zero officer compensation, indicating that all funds are directed towards its mission. Its assets have grown significantly, and liabilities are consistently minimal, suggesting sound financial management.
How does the foundation manage its assets?
The foundation has demonstrated strong asset growth, increasing from $305,232 in 2022 to $772,047 in 2023, and reaching $1,270,340 in its latest report. This indicates effective investment strategies or substantial contributions, contributing to its long-term financial stability.
What is the trend in the foundation's revenue and expenses?
The foundation's revenue and expenses show variability. For example, in 2022, expenses ($352,353) significantly exceeded revenue ($41,675), while in 2023, revenue ($685,779) substantially outpaced expenses ($229,964). This pattern suggests that the foundation may operate on a grant-making cycle or receive large, infrequent donations.
Filing History
IRS 990 filing history for The Cynthia L And William E Simon J R Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Cynthia L And William E Simon J R Foundation's revenue has grown by 14.2%, moving from $601K to $686K. Total assets increased by 2779.9% over the same period, from $27K to $772K. Total functional expenses fell by 61.9%, from $604K to $230K. In its most recent filing year (2023), The Cynthia L And William E Simon J R Foundation reported a surplus of $456K, with revenue exceeding expenses. The organization holds $1 in liabilities against $772K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $772K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $686K | $230K | $772K | $1 | — | View 990 |
| 2022 | $42K | $352K | $305K | $1 | — | View 990 |
| 2021 | $520K | $242K | $615K | $1 | — | View 990 |
| 2020 | $28K | $223K | $336K | $1 | — | View 990 |
| 2019 | $326K | $256K | $524K | $0 | — | View 990 |
| 2015 | $741K | $469K | $571K | $0 | — | View 990 |
| 2014 | $390K | $153K | $299K | $0 | — | View 990 |
| 2013 | $566K | $540K | $61K | $0 | — | View 990 |
| 2012 | $570K | $562K | $35K | $0 | — | View 990 |
| 2011 | $601K | $604K | $27K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $686K, expenses of $230K, and assets of $772K (revenue +1545.5% year-over-year).
- 2022: Revenue of $42K, expenses of $352K, and assets of $305K (revenue -92.0% year-over-year).
- 2021: Revenue of $520K, expenses of $242K, and assets of $615K (revenue +1780.4% year-over-year).
- 2020: Revenue of $28K, expenses of $223K, and assets of $336K (revenue -91.5% year-over-year).
- 2019: Revenue of $326K, expenses of $256K, and assets of $524K (revenue -56.0% year-over-year).
- 2015: Revenue of $741K, expenses of $469K, and assets of $571K (revenue +89.7% year-over-year).
- 2014: Revenue of $390K, expenses of $153K, and assets of $299K (revenue -31.0% year-over-year).
- 2013: Revenue of $566K, expenses of $540K, and assets of $61K (revenue -0.8% year-over-year).
- 2012: Revenue of $570K, expenses of $562K, and assets of $35K (revenue -5.0% year-over-year).
- 2011: Revenue of $601K, expenses of $604K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Cynthia L And William E Simon J R Foundation:
Data Sources and Methodology
This transparency report for The Cynthia L And William E Simon J R 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.