The Leila And Mickey Straus Fam Charitable Tr
The Leila And Mickey Straus Fam Charitable Tr consistently reports zero officer compensation but has seen significant asset decline and fluctuating revenue-to-expense ratios.
EIN: 136881724 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.5M |
| Total Expenses | $3.4M |
| Program Spending | 90% |
| Net Assets | $4.3M |
| Transparency Score | 85/100 |
Is The Leila And Mickey Straus Fam Charitable Tr Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Leila And Mickey Straus Fam Charitable Tr directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Leila And Mickey Straus Fam Charitable Tr
The Leila And Mickey Straus Fam Charitable Tr (EIN: 136881724) is a nonprofit organization based in New York, NY. The organization reported total revenue of $8.5M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Leila And Mickey Straus Fam Charitable Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Leila And Mickey Straus Fam Charitable Tr is a mid-size nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 45.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $389K |
| Total Expenses | $3.4M |
| Surplus / Deficit | $-3,053,898 |
| Total Assets | $4.3M |
| Total Liabilities | $1 |
| Net Assets | $4.3M |
| Operating Margin | -784.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 14.9 months |
Financial Health Grade: B
In 2023, The Leila And Mickey Straus Fam Charitable Tr reported a deficit of $3.1M with expenses exceeding revenue, holds 14.9 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 (2012–2023), The Leila And Mickey Straus Fam Charitable Tr's revenue has grown at a compound annual growth rate (CAGR) of 45.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -86.3% | -1.9% | -42.6% |
| 2022 | -56.5% | -13.0% | -8.4% |
| 2021 | +801.6% | +84.1% | -4.1% |
| 2020 | +2.3% | +8.2% | -14.9% |
| 2019 | +56.0% | +64.0% | -29.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Leila And Mickey Straus Fam Charitable Tr 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, The Leila And Mickey Straus Fam Charitable Tr allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $3.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees are compensated, which is highly favorable for a charitable trust of this size.
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 Leila And Mickey Straus Fam Charitable Tr's IRS 990 filings:
- Consistent negative net income in recent years (e.g., 2023: -$3,053,898; 2022: -$657,756)
- Significant decline in total assets over the past decade (from $14.9M in 2015 to $4.2M in 2023)
Strengths
The following positive indicators were identified for The Leila And Mickey Straus Fam Charitable Tr:
- Zero officer compensation reported across all filings, indicating high efficiency in executive pay
- Low liabilities reported consistently ($0 or $1 across all filings)
- Long filing history (10 filings) demonstrating consistent reporting
Frequently Asked Questions about The Leila And Mickey Straus Fam Charitable Tr
Is The Leila And Mickey Straus Fam Charitable Tr a legitimate charity?
The Leila And Mickey Straus Fam Charitable Tr (EIN: 136881724) 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: $8.5M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Leila And Mickey Straus Fam Charitable Tr spend its money?
The Leila And Mickey Straus Fam Charitable Tr directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Leila And Mickey Straus Fam Charitable Tr tax-deductible?
The Leila And Mickey Straus Fam Charitable Tr is registered as a tax-exempt nonprofit (EIN: 136881724). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Leila And Mickey Straus Fam Charitable Tr's spending goes to programs?
The Leila And Mickey Straus Fam Charitable Tr directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Leila And Mickey Straus Fam Charitable Tr located?
The Leila And Mickey Straus Fam Charitable Tr is headquartered in New York, New York and files with the IRS under EIN 136881724.
How many years of IRS 990 filings does The Leila And Mickey Straus Fam Charitable Tr have?
The Leila And Mickey Straus Fam Charitable Tr 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 $8.5M in total revenue.
Is The Leila And Mickey Straus Fam Charitable Tr a good charity?
Based on the available data, the charity demonstrates strong transparency regarding executive compensation (0% reported). However, its financial health shows volatility with expenses often exceeding revenue in recent years, and a significant decline in assets from $14.9M in 2015 to $4.2M in 2023. A 'good' charity depends on individual donor priorities, but its operational model appears to be focused on distributions from its endowment rather than generating consistent annual operating surpluses.
Why are expenses often higher than revenue?
The Leila And Mickey Straus Fam Charitable Tr frequently reports expenses exceeding revenue, for example, $3,443,344 in expenses against $389,446 in revenue in 2023. This suggests the organization is likely drawing down from its accumulated assets or endowment to fund its charitable activities and distributions, rather than relying solely on annual contributions.
What caused the significant decrease in assets?
The organization's assets decreased from a high of $14,925,013 in 2015 to $4,261,391 in 2023. This decline is likely due to the consistent pattern of expenses exceeding revenue in many years, indicating substantial distributions made from the trust's principal over time to fulfill its charitable purpose.
How does the lack of officer compensation impact the organization?
The consistent reporting of 0% officer compensation across all filings means that the organization's leadership is not drawing salaries from the trust. This can be seen as a positive indicator of dedication and efficiency, as more funds are theoretically available for charitable programs rather than administrative overhead related to executive pay.
Filing History
IRS 990 filing history for The Leila And Mickey Straus Fam Charitable Tr showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2023), The Leila And Mickey Straus Fam Charitable Tr's revenue has grown by 6231.4%, moving from $6K to $389K. Total assets increased by 6156.2% over the same period, from $68K to $4.3M. Total functional expenses rose by 15509.7%, from $22K to $3.4M. In its most recent filing year (2023), The Leila And Mickey Straus Fam Charitable Tr reported a deficit of $3.1M, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $389K | $3.4M | $4.3M | $1 | — | View 990 |
| 2022 | $2.9M | $3.5M | $7.4M | $1 | — | View 990 |
| 2021 | $6.5M | $4.0M | $8.1M | $1 | — | View 990 |
| 2020 | $726K | $2.2M | $8.4M | $1 | — | View 990 |
| 2019 | $710K | $2.0M | $9.9M | $1 | — | View 990 |
| 2016 | $455K | $1.2M | $14.1M | $0 | — | View 990 |
| 2015 | $832K | $820K | $14.9M | $0 | — | View 990 |
| 2014 | $13.5M | $747K | $14.9M | $0 | — | View 990 |
| 2013 | $8.2M | $59K | $3.6M | $0 | — | View 990 |
| 2012 | $6K | $22K | $68K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $389K, expenses of $3.4M, and assets of $4.3M (revenue -86.3% year-over-year).
- 2022: Revenue of $2.9M, expenses of $3.5M, and assets of $7.4M (revenue -56.5% year-over-year).
- 2021: Revenue of $6.5M, expenses of $4.0M, and assets of $8.1M (revenue +801.6% year-over-year).
- 2020: Revenue of $726K, expenses of $2.2M, and assets of $8.4M (revenue +2.3% year-over-year).
- 2019: Revenue of $710K, expenses of $2.0M, and assets of $9.9M (revenue +56.0% year-over-year).
- 2016: Revenue of $455K, expenses of $1.2M, and assets of $14.1M (revenue -45.3% year-over-year).
- 2015: Revenue of $832K, expenses of $820K, and assets of $14.9M (revenue -93.8% year-over-year).
- 2014: Revenue of $13.5M, expenses of $747K, and assets of $14.9M (revenue +65.2% year-over-year).
- 2013: Revenue of $8.2M, expenses of $59K, and assets of $3.6M (revenue +132419.3% year-over-year).
- 2012: Revenue of $6K, expenses of $22K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Leila And Mickey Straus Fam Charitable Tr:
Data Sources and Methodology
This transparency report for The Leila And Mickey Straus Fam Charitable Tr 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.