The Isaac Jacobowitz Foundation
EIN: 510439076 · Brooklyn, NY · NTEE: T23
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $1.2M |
| Net Assets | $-1,217,350 |
Is The Isaac Jacobowitz Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Isaac Jacobowitz Foundation
The Isaac Jacobowitz Foundation (EIN: 510439076) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code T23. The organization reported total revenue of $1 and total assets of $19K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Isaac Jacobowitz Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Isaac Jacobowitz Foundation is a micro nonprofit that has been operating for 23 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$173K |
| Total Assets | $19K |
| Total Liabilities | $1.2M |
| Net Assets | $-1,217,350 |
| Operating Margin | 12.6% |
| Debt-to-Asset Ratio | 6542.7% |
| Months of Reserves | 0.2 months |
Financial Health Grade: B
In 2023, The Isaac Jacobowitz Foundation reported a surplus of $173K with revenue exceeding expenses, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 6542.7% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Isaac Jacobowitz Foundation's revenue has grown at a compound annual growth rate (CAGR) of 21.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +138187300.0% | +109.0% | — |
| 2022 | +0.0% | -24.7% | -159.3% |
| 2021 | -100.0% | +13.3% | -50.7% |
| 2020 | -35.9% | +15.4% | -54.8% |
| 2019 | +31.8% | +86.0% | -30.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Isaac Jacobowitz Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Isaac Jacobowitz Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $173K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6542.7%.
Frequently Asked Questions about The Isaac Jacobowitz Foundation
Is The Isaac Jacobowitz Foundation a legitimate charity?
The Isaac Jacobowitz Foundation (EIN: 510439076) is a registered tax-exempt nonprofit based in New York. It has 10 years of IRS 990 filings on record. Total revenue: $1. No red flags identified. Financial health grade: B.
How does The Isaac Jacobowitz Foundation spend its money?
The Isaac Jacobowitz Foundation reported $1 in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Isaac Jacobowitz Foundation tax-deductible?
The Isaac Jacobowitz Foundation is registered as a tax-exempt nonprofit (EIN: 510439076). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Isaac Jacobowitz Foundation located?
The Isaac Jacobowitz Foundation is headquartered in Brooklyn, New York and files with the IRS under EIN 510439076. It is classified under NTEE code T23.
How many years of IRS 990 filings does The Isaac Jacobowitz Foundation have?
The Isaac Jacobowitz 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 $1 in total revenue.
Filing History
IRS 990 filing history for The Isaac Jacobowitz Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Isaac Jacobowitz Foundation's revenue has grown by 916.1%, moving from $136K to $1.4M. Total assets decreased by 83.6% over the same period, from $115K to $19K. Total functional expenses rose by 356.4%, from $265K to $1.2M. In its most recent filing year (2023), The Isaac Jacobowitz Foundation reported a surplus of $173K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $19K in assets (debt-to-asset ratio: 6542.7%), resulting in net assets of $-1,217,350.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.2M | $19K | $1.2M | — | — |
| 2022 | $1 | $578K | $-19,549 | $1.4M | — | View 990 |
| 2021 | $1 | $768K | $33K | $846K | — | View 990 |
| 2020 | $454K | $677K | $67K | $350K | — | View 990 |
| 2019 | $708K | $587K | $148K | $1 | — | View 990 |
| 2015 | $538K | $316K | $212K | $1 | — | View 990 |
| 2014 | $260K | $324K | $-9,560 | $1 | — | View 990 |
| 2013 | $110K | $202K | $55K | $1 | — | View 990 |
| 2012 | $75K | $250K | $45K | $105K | — | View 990 |
| 2011 | $136K | $265K | $115K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.2M, and assets of $19K (revenue +138187300.0% year-over-year).
- 2022: Revenue of $1, expenses of $578K, and assets of $-19,549 (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $768K, and assets of $33K (revenue -100.0% year-over-year).
- 2020: Revenue of $454K, expenses of $677K, and assets of $67K (revenue -35.9% year-over-year).
- 2019: Revenue of $708K, expenses of $587K, and assets of $148K (revenue +31.8% year-over-year).
- 2015: Revenue of $538K, expenses of $316K, and assets of $212K (revenue +106.8% year-over-year).
- 2014: Revenue of $260K, expenses of $324K, and assets of $-9,560 (revenue +136.4% year-over-year).
- 2013: Revenue of $110K, expenses of $202K, and assets of $55K (revenue +46.7% year-over-year).
- 2012: Revenue of $75K, expenses of $250K, and assets of $45K (revenue -44.9% year-over-year).
- 2011: Revenue of $136K, expenses of $265K, and assets of $115K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Isaac Jacobowitz Foundation:
Data Sources and Methodology
This transparency report for The Isaac Jacobowitz 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.