The Jeff Sutton Charitable
Jeff Sutton Charitable consistently reports minimal revenue and high liabilities, with a recent surge in reported revenue.
EIN: 137557698 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $44.7M |
| Total Expenses | $1.4M |
| Program Spending | 75% |
| Net Assets | $-41,931,875 |
| Transparency Score | 40/100 |
Is The Jeff Sutton Charitable Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Jeff Sutton Charitable directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Jeff Sutton Charitable
The Jeff Sutton Charitable (EIN: 137557698) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $44.7M and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Jeff Sutton Charitable's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Jeff Sutton Charitable is a large nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -40.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-1,408,799 |
| Total Assets | $9K |
| Total Liabilities | $41.9M |
| Net Assets | $-41,931,875 |
| Operating Margin | -140879900.0% |
| Debt-to-Asset Ratio | 457123.2% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2023, The Jeff Sutton Charitable reported a deficit of $1.4M with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 457123.2% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Jeff Sutton Charitable's revenue has declined at a compound annual growth rate (CAGR) of -40.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -38.4% | +15.0% |
| 2022 | +0.0% | +38.6% | +58.7% |
| 2021 | +0.0% | -14.5% | -0.5% |
| 2020 | +0.0% | -8.1% | -83.1% |
| 2019 | +0.0% | -28.8% | +684.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Jeff Sutton Charitable with a Mission Score of 40 out of 100 (Fair). 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 Jeff Sutton Charitable 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 $1.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 457123.2%.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through an undisclosed related entity, which could be a strength for efficiency but limits transparency.
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 Jeff Sutton Charitable's IRS 990 filings:
- Consistently reporting $1 in revenue against millions in expenses for many years, indicating an unsustainable operational model without external, undisclosed funding.
- Extremely high liabilities (e.g., $41,941,050 in 2023) compared to very low assets (e.g., $9,175 in 2023), suggesting potential insolvency or a highly leveraged financial structure.
- Lack of detailed program spending information makes it difficult to assess the actual impact and efficiency of charitable activities.
- Significant financial volatility, with a sudden jump in revenue to $44.7 million in the latest period after years of minimal reported income, raising questions about consistency and funding sources.
Strengths
The following positive indicators were identified for The Jeff Sutton Charitable:
- Reported 0% officer compensation across all filings, suggesting a volunteer-led board or highly efficient administrative cost management.
- Consistent operation for over a decade, despite unusual financial reporting, indicating a stable underlying support structure.
Frequently Asked Questions about The Jeff Sutton Charitable
Is The Jeff Sutton Charitable a legitimate charity?
The Jeff Sutton Charitable (EIN: 137557698) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 40/100. It has 10 years of IRS 990 filings on record. Total revenue: $44.7M. 4 red flags identified. 2 strengths noted. Financial health grade: D.
How does The Jeff Sutton Charitable spend its money?
The Jeff Sutton Charitable directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Jeff Sutton Charitable tax-deductible?
The Jeff Sutton Charitable is registered as a tax-exempt nonprofit (EIN: 137557698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Jeff Sutton Charitable's spending goes to programs?
The Jeff Sutton Charitable directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Jeff Sutton Charitable compare to similar nonprofits?
With a transparency score of 40/100 (Fair), The Jeff Sutton Charitable is near 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 Jeff Sutton Charitable located?
The Jeff Sutton Charitable is headquartered in New York, New York and files with the IRS under EIN 137557698. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Jeff Sutton Charitable have?
The Jeff Sutton Charitable 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 $44.7M in total revenue.
How does The Jeff Sutton Charitable sustain its operations with consistently reported minimal revenue (often $1) against millions in expenses?
The consistent reporting of $1 in revenue against millions in expenses suggests the organization is likely funded by a very limited number of large, undisclosed donors or operates as a pass-through for specific charitable activities, rather than relying on broad public support. The recent $44.7M revenue figure is an anomaly that needs further context.
What is the nature of the consistently high liabilities, which reached over $41 million in 2023, compared to its very low assets?
The extremely high liabilities relative to minimal assets are a significant concern. This could indicate substantial debt, outstanding grants payable, or other financial obligations that are not offset by liquid assets, posing a risk to the organization's long-term financial stability.
Given the 0% officer compensation, how are the organization's leadership and administrative functions managed and funded?
The 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or that compensation is provided by a related entity, which would not be reported on this specific 990. This structure can reduce overhead but also limits transparency regarding the true cost of governance.
What caused the significant jump in reported revenue to $44,716,000 in the latest period, contrasting with prior years' $1 revenue?
The sudden increase in revenue to $44.7 million in the latest period, after years of reporting only $1, indicates a major one-time contribution or a fundamental shift in the organization's funding model. Without further detail, it's unclear if this represents a sustainable change or an isolated event.
Filing History
IRS 990 filing history for The Jeff Sutton Charitable showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Jeff Sutton Charitable's revenue has declined by 99.8%, moving from $469 to $1. Total assets decreased by 38% over the same period, from $15K to $9K. Total functional expenses rose by 25.2%, from $1.1M to $1.4M. In its most recent filing year (2023), The Jeff Sutton Charitable reported a deficit of $1.4M, with expenses exceeding revenue. The organization holds $41.9M in liabilities against $9K in assets (debt-to-asset ratio: 457123.2%), resulting in net assets of $-41,931,875.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $1.4M | $9K | $41.9M | — | — |
| 2022 | $1 | $2.3M | $8K | $40.5M | — | View 990 |
| 2021 | $1 | $1.7M | $5K | $38.2M | — | View 990 |
| 2020 | $1 | $1.9M | $5K | $36.6M | — | View 990 |
| 2019 | $1 | $2.1M | $30K | $34.7M | — | View 990 |
| 2015 | $1 | $3.0M | $4K | $21.8M | — | View 990 |
| 2014 | $1 | $1.6M | $151K | $19.0M | — | View 990 |
| 2013 | $1 | $1.8M | $151K | $17.4M | — | View 990 |
| 2012 | $0 | $1.3M | $15K | $15.5M | — | View 990 |
| 2011 | $469 | $1.1M | $15K | $14.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $1.4M, and assets of $9K (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $2.3M, and assets of $8K (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $1.7M, and assets of $5K (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $1.9M, and assets of $5K (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $2.1M, and assets of $30K (revenue +0.0% year-over-year).
- 2015: Revenue of $1, expenses of $3.0M, and assets of $4K (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $1.6M, and assets of $151K (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $1.8M, and assets of $151K.
- 2012: Revenue of $0, expenses of $1.3M, and assets of $15K (revenue -100.0% year-over-year).
- 2011: Revenue of $469, expenses of $1.1M, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Jeff Sutton Charitable:
Data Sources and Methodology
This transparency report for The Jeff Sutton Charitable 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.