The Easton Foundation Inc
Easton Foundation maintains substantial assets with minimal reported expenses and no officer compensation.
EIN: 133190220 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.8M |
| Total Expenses | $2.8M |
| Program Spending | 85% |
| Net Assets | $162.9M |
| Transparency Score | 85/100 |
Is The Easton Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Easton Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Easton Foundation Inc
The Easton Foundation Inc (EIN: 133190220) is a nonprofit organization based in New York, NY. The organization reported total revenue of $14.8M and total assets of $168.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Easton Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Easton Foundation Inc is a large nonprofit that has been operating for 42 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.4M |
| Total Expenses | $2.8M |
| Surplus / Deficit | +$7.6M |
| Total Assets | $163.0M |
| Total Liabilities | $41K |
| Net Assets | $162.9M |
| Operating Margin | 72.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 689.4 months |
Financial Health Grade: A
In 2023, The Easton Foundation Inc reported a surplus of $7.6M with revenue exceeding expenses, holds 689.4 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 (2011–2023), The Easton Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.2% | +1.0% | +5.0% |
| 2022 | -53.7% | +7.3% | +4.2% |
| 2021 | +151.7% | +27.6% | +13.0% |
| 2020 | -6.5% | -64.2% | +4.6% |
| 2019 | -23.8% | +360.0% | +40.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Easton 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Easton Foundation Inc 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 $7.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either that executive roles are unpaid or compensated through other means not reflected in this specific line item, which is a strong positive for minimizing overhead.
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 Easton Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes program efficiency difficult to fully ascertain.
- Significant asset growth with relatively low and stable expenses could indicate a focus on endowment building over immediate program deployment, depending on mission.
Strengths
The following positive indicators were identified for The Easton Foundation Inc:
- Strong and consistent asset growth, from $46.7M in 2011 to $167.9M currently.
- Very low overall expense ratio relative to revenue, indicating fiscal prudence (e.g., 27% in 2023).
- Consistent reporting of 0% officer compensation, suggesting minimal executive overhead.
- Stable liabilities over many years, indicating sound financial management.
Frequently Asked Questions about The Easton Foundation Inc
Is The Easton Foundation Inc a legitimate charity?
The Easton Foundation Inc (EIN: 133190220) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $14.8M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does The Easton Foundation Inc spend its money?
The Easton Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Easton Foundation Inc tax-deductible?
The Easton Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133190220). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Easton Foundation Inc's spending goes to programs?
The Easton Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Easton Foundation Inc located?
The Easton Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133190220.
How many years of IRS 990 filings does The Easton Foundation Inc have?
The Easton Foundation Inc 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 $14.8M in total revenue.
What are the specific program activities funded by The Easton Foundation Inc?
The provided IRS 990 data indicates overall expenses but does not detail specific program activities. Further investigation into their public disclosures or website would be necessary to understand their programmatic focus.
Why are the expenses consistently so low relative to revenue and assets?
The consistently low expenses relative to revenue and assets (e.g., $2.8M expenses vs. $10.4M revenue in 2023) suggest that the foundation primarily operates as a grant-making entity or focuses on long-term asset growth and endowment management, rather than direct service provision with high operational costs.
How does The Easton Foundation Inc manage to report 0% officer compensation?
Reporting 0% officer compensation could mean that the foundation is managed by volunteers, or that executive services are provided by an affiliated entity or individual without direct compensation from the foundation itself. This practice significantly reduces administrative overhead.
Filing History
IRS 990 filing history for The Easton Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Easton Foundation Inc's revenue has declined by 66.4%, moving from $31.1M to $10.4M. Total assets increased by 248.3% over the same period, from $46.8M to $163.0M. Total functional expenses rose by 218.5%, from $891K to $2.8M. In its most recent filing year (2023), The Easton Foundation Inc reported a surplus of $7.6M, with revenue exceeding expenses. The organization holds $41K in liabilities against $163.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $162.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.4M | $2.8M | $163.0M | $41K | — | View 990 |
| 2022 | $9.1M | $2.8M | $155.2M | $41K | — | View 990 |
| 2021 | $19.7M | $2.6M | $148.8M | $41K | — | View 990 |
| 2020 | $7.8M | $2.1M | $131.7M | $41K | — | View 990 |
| 2019 | $8.4M | $5.7M | $125.9M | $44K | — | View 990 |
| 2015 | $11.0M | $1.2M | $89.8M | $41K | — | View 990 |
| 2014 | $9.4M | $1.8M | $80.0M | $41K | — | View 990 |
| 2013 | $13.9M | $2.9M | $71.6M | $32K | — | View 990 |
| 2012 | $13.3M | $1.1M | $59.1M | $14K | — | View 990 |
| 2011 | $31.1M | $891K | $46.8M | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.4M, expenses of $2.8M, and assets of $163.0M (revenue +14.2% year-over-year).
- 2022: Revenue of $9.1M, expenses of $2.8M, and assets of $155.2M (revenue -53.7% year-over-year).
- 2021: Revenue of $19.7M, expenses of $2.6M, and assets of $148.8M (revenue +151.7% year-over-year).
- 2020: Revenue of $7.8M, expenses of $2.1M, and assets of $131.7M (revenue -6.5% year-over-year).
- 2019: Revenue of $8.4M, expenses of $5.7M, and assets of $125.9M (revenue -23.8% year-over-year).
- 2015: Revenue of $11.0M, expenses of $1.2M, and assets of $89.8M (revenue +16.8% year-over-year).
- 2014: Revenue of $9.4M, expenses of $1.8M, and assets of $80.0M (revenue -32.2% year-over-year).
- 2013: Revenue of $13.9M, expenses of $2.9M, and assets of $71.6M (revenue +4.3% year-over-year).
- 2012: Revenue of $13.3M, expenses of $1.1M, and assets of $59.1M (revenue -57.1% year-over-year).
- 2011: Revenue of $31.1M, expenses of $891K, and assets of $46.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Easton Foundation Inc:
Data Sources and Methodology
This transparency report for The Easton 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.