The Graduate Center Foundation Inc
Graduate Center Foundation Inc reports a $2.2 million deficit in 2023 after years of revenue exceeding expenses.
EIN: 133219419 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $58.2M |
| Total Expenses | $9.0M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $64 |
| Net Assets | $64.7M |
| Transparency Score | 75/100 |
Is The Graduate Center 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 Graduate Center Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Graduate Center Foundation Inc
The Graduate Center Foundation Inc (EIN: 133219419) is a nonprofit organization based in New York, NY. The organization reported total revenue of $58.2M and total assets of $117.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Graduate Center Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Graduate Center Foundation Inc is a major nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.8M |
| Total Expenses | $9.0M |
| Surplus / Deficit | $-2,201,937 |
| Total Assets | $65.0M |
| Total Liabilities | $301K |
| Net Assets | $64.7M |
| Operating Margin | -32.6% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 87.1 months |
Financial Health Grade: B
In 2023, The Graduate Center Foundation Inc reported a deficit of $2.2M with expenses exceeding revenue, holds 87.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Graduate Center Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -11.1% | +9.3% | -1.2% |
| 2022 | -52.6% | +1.6% | -9.9% |
| 2021 | +66.0% | -7.2% | +23.2% |
| 2020 | -14.8% | +6.7% | +2.6% |
| 2019 | +13.4% | +18.7% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Graduate Center Foundation Inc with a Mission Score of 75 out of 100 (Good). 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 Graduate Center Foundation Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.2M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
The Graduate Center Foundation Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size with assets exceeding $64 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 Graduate Center Foundation Inc's IRS 990 filings:
- Reported a deficit of $2,201,937 in the most recent fiscal period (202306), with expenses exceeding revenue.
- Significant year-over-year fluctuations in revenue, indicating potential instability in funding sources.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits full financial transparency assessment.
Strengths
The following positive indicators were identified for The Graduate Center Foundation Inc:
- Consistently low liabilities, typically under $500,000, indicating strong balance sheet management.
- No reported officer compensation across all filings, suggesting a highly efficient or volunteer-driven executive structure.
- Substantial and growing asset base, increasing from $40,003,311 in 2015 to $64,986,118 in 2023, providing financial resilience.
Frequently Asked Questions about The Graduate Center Foundation Inc
Is The Graduate Center Foundation Inc a legitimate charity?
The Graduate Center Foundation Inc (EIN: 133219419) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $58.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Graduate Center Foundation Inc spend its money?
The Graduate Center Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Graduate Center Foundation Inc tax-deductible?
The Graduate Center Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133219419). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Graduate Center Foundation Inc CEO make?
The Graduate Center Foundation Inc's highest-compensated officer earns $64 annually. The organization reported $58.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Graduate Center Foundation Inc's spending goes to programs?
The Graduate Center Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Graduate Center Foundation Inc located?
The Graduate Center Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133219419.
How many years of IRS 990 filings does The Graduate Center Foundation Inc have?
The Graduate Center Foundation Inc has 13 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 $58.2M in total revenue.
Is The Graduate Center Foundation Inc financially stable?
While the organization has substantial assets ($64,986,118 in 2023) and low liabilities, it reported a deficit of $2,201,937 in the 202306 period, with expenses exceeding revenue. This indicates a potential short-term financial challenge, though its overall asset base suggests resilience.
How does The Graduate Center Foundation Inc manage executive compensation?
The organization reports 0% officer compensation across all 13 filings, suggesting that its officers are either unpaid volunteers or compensated through other means not categorized as 'officer compensation' on the 990, which is a notable practice for an organization of this scale.
What is the trend in The Graduate Center Foundation Inc's revenue?
Revenue has fluctuated significantly, from a low of $6,034,646 in 2015 to a high of $16,026,752 in 2021, and then decreasing to $6,755,470 in 2023. This variability suggests reliance on inconsistent funding streams.
Filing History
IRS 990 filing history for The Graduate Center Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Graduate Center Foundation Inc's revenue has grown by 17.3%, moving from $5.8M to $6.8M. Total assets increased by 83% over the same period, from $35.5M to $65.0M. Total functional expenses rose by 140.6%, from $3.7M to $9.0M. In its most recent filing year (2023), The Graduate Center Foundation Inc reported a deficit of $2.2M, with expenses exceeding revenue. The organization holds $301K in liabilities against $65.0M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $64.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.8M | $9.0M | $65.0M | $301K | — | View 990 |
| 2022 | $7.6M | $8.2M | $65.8M | $360K | — | View 990 |
| 2021 | $16.0M | $8.1M | $73.0M | $315K | — | View 990 |
| 2020 | $9.7M | $8.7M | $59.3M | $489K | — | View 990 |
| 2019 | $11.3M | $8.1M | $57.8M | $276K | — | View 990 |
| 2018 | $10.0M | $6.9M | $54.5M | $450K | — | View 990 |
| 2017 | $12.3M | $6.2M | $51.0M | $293K | — | View 990 |
| 2016 | $10.2M | $5.4M | $42.8M | $172K | — | View 990 |
| 2015 | $6.0M | $5.6M | $40.0M | $165K | — | View 990 |
| 2014 | $7.7M | $4.2M | $41.7M | $332K | — | View 990 |
| 2013 | $8.0M | $5.1M | $38.0M | $526K | — | View 990 |
| 2012 | $3.7M | $3.9M | $34.3M | $156K | — | View 990 |
| 2011 | $5.8M | $3.7M | $35.5M | $271K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.8M, expenses of $9.0M, and assets of $65.0M (revenue -11.1% year-over-year).
- 2022: Revenue of $7.6M, expenses of $8.2M, and assets of $65.8M (revenue -52.6% year-over-year).
- 2021: Revenue of $16.0M, expenses of $8.1M, and assets of $73.0M (revenue +66.0% year-over-year).
- 2020: Revenue of $9.7M, expenses of $8.7M, and assets of $59.3M (revenue -14.8% year-over-year).
- 2019: Revenue of $11.3M, expenses of $8.1M, and assets of $57.8M (revenue +13.4% year-over-year).
- 2018: Revenue of $10.0M, expenses of $6.9M, and assets of $54.5M (revenue -18.6% year-over-year).
- 2017: Revenue of $12.3M, expenses of $6.2M, and assets of $51.0M (revenue +20.4% year-over-year).
- 2016: Revenue of $10.2M, expenses of $5.4M, and assets of $42.8M (revenue +69.0% year-over-year).
- 2015: Revenue of $6.0M, expenses of $5.6M, and assets of $40.0M (revenue -22.0% year-over-year).
- 2014: Revenue of $7.7M, expenses of $4.2M, and assets of $41.7M (revenue -3.0% year-over-year).
- 2013: Revenue of $8.0M, expenses of $5.1M, and assets of $38.0M (revenue +114.0% year-over-year).
- 2012: Revenue of $3.7M, expenses of $3.9M, and assets of $34.3M (revenue -35.3% year-over-year).
- 2011: Revenue of $5.8M, expenses of $3.7M, and assets of $35.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Graduate Center Foundation Inc:
Data Sources and Methodology
This transparency report for The Graduate Center 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.