The Morris And Alma Schapiro Fund
Morris And Alma Schapiro Fund maintains substantial assets and consistent grant-making with zero officer compensation.
EIN: 136089254 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $22.2M |
| Total Expenses | $10.4M |
| Program Spending | 90% |
| Net Assets | $98.1M |
| Transparency Score | 85/100 |
Is The Morris And Alma Schapiro Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Morris And Alma Schapiro Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Morris And Alma Schapiro Fund
The Morris And Alma Schapiro Fund (EIN: 136089254) is a nonprofit organization based in New York, NY. The organization reported total revenue of $22.2M and total assets of $102.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Morris And Alma Schapiro Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Morris And Alma Schapiro Fund is a large nonprofit that has been operating for 70 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $10.4M |
| Surplus / Deficit | $-4,373,696 |
| Total Assets | $98.1M |
| Total Liabilities | $1 |
| Net Assets | $98.1M |
| Operating Margin | -72.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 113.5 months |
Financial Health Grade: B
In 2023, The Morris And Alma Schapiro Fund reported a deficit of $4.4M with expenses exceeding revenue, holds 113.5 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 Morris And Alma Schapiro Fund's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.3% | +8.9% | -8.2% |
| 2022 | -66.6% | +13.4% | -2.1% |
| 2021 | +86.6% | +12.4% | +10.0% |
| 2020 | +5.2% | -6.6% | +5.9% |
| 2019 | -32.6% | +7.6% | +10.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 1956 |
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 Morris And Alma Schapiro Fund 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: 90%
- fundraising: 0%
According to IRS 990 filings, The Morris And Alma Schapiro Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $4.4M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership either serves without pay or compensation is not reported under this category, which is common for private foundations with unpaid trustees or outsourced management.
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 Morris And Alma Schapiro Fund's IRS 990 filings:
- Lack of detailed expense breakdown in provided data, making precise efficiency analysis difficult.
Strengths
The following positive indicators were identified for The Morris And Alma Schapiro Fund:
- Consistent growth in assets over the long term, from $70,151,040 in 2011 to $98,128,924 in 2023.
- Zero reported officer compensation, suggesting a lean operational structure at the executive level.
- Substantial asset base ($98,128,924 in 2023) provides financial stability for sustained grant-making.
- Low liabilities, consistently reported as $1 or $0 in recent years, indicating strong financial management.
Frequently Asked Questions about The Morris And Alma Schapiro Fund
Is The Morris And Alma Schapiro Fund a legitimate charity?
The Morris And Alma Schapiro Fund (EIN: 136089254) 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: $22.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does The Morris And Alma Schapiro Fund spend its money?
The Morris And Alma Schapiro Fund directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Morris And Alma Schapiro Fund tax-deductible?
The Morris And Alma Schapiro Fund is registered as a tax-exempt nonprofit (EIN: 136089254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Morris And Alma Schapiro Fund located?
The Morris And Alma Schapiro Fund is headquartered in New York, New York and files with the IRS under EIN 136089254.
How many years of IRS 990 filings does The Morris And Alma Schapiro Fund have?
The Morris And Alma Schapiro Fund 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 $22.2M in total revenue.
What is the primary focus of The Morris And Alma Schapiro Fund's grant-making?
Based solely on the provided financial data, the specific programmatic focus of the fund's grant-making is not detailed. The NTEE code is unknown, and the filings do not elaborate on the types of organizations or causes supported.
How does the fund manage its administrative costs given zero officer compensation?
With zero reported officer compensation, administrative functions are likely handled by unpaid trustees, external professional services, or a combination thereof. The specific breakdown of administrative expenses is not provided in the summary data.
Why did expenses exceed revenue in 2023 and 2022?
In 2023, expenses were $10,376,851 against revenue of $6,003,155, and in 2022, expenses were $9,526,902 against revenue of $5,205,015. This is common for foundations that disburse grants from their endowment, where annual grant-making (expenses) can exceed annual investment income (revenue) in a given year, drawing from accumulated assets.
Filing History
IRS 990 filing history for The Morris And Alma Schapiro Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Morris And Alma Schapiro Fund's revenue has declined by 11.6%, moving from $6.8M to $6.0M. Total assets increased by 39.9% over the same period, from $70.2M to $98.1M. Total functional expenses rose by 47.2%, from $7.0M to $10.4M. In its most recent filing year (2023), The Morris And Alma Schapiro Fund reported a deficit of $4.4M, with expenses exceeding revenue. The organization holds $1 in liabilities against $98.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $98.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $10.4M | $98.1M | $1 | — | — |
| 2022 | $5.2M | $9.5M | $106.9M | $1 | — | View 990 |
| 2021 | $15.6M | $8.4M | $109.1M | $1 | — | View 990 |
| 2020 | $8.4M | $7.5M | $99.2M | $1 | — | View 990 |
| 2019 | $7.9M | $8.0M | $93.7M | $0 | — | View 990 |
| 2015 | $11.8M | $7.4M | $84.5M | $0 | — | View 990 |
| 2014 | $11.1M | $7.0M | $79.9M | $0 | — | View 990 |
| 2013 | $7.1M | $6.5M | $75.7M | $0 | — | View 990 |
| 2012 | $8.0M | $4.9M | $74.3M | $0 | — | View 990 |
| 2011 | $6.8M | $7.0M | $70.2M | $195K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $10.4M, and assets of $98.1M (revenue +15.3% year-over-year).
- 2022: Revenue of $5.2M, expenses of $9.5M, and assets of $106.9M (revenue -66.6% year-over-year).
- 2021: Revenue of $15.6M, expenses of $8.4M, and assets of $109.1M (revenue +86.6% year-over-year).
- 2020: Revenue of $8.4M, expenses of $7.5M, and assets of $99.2M (revenue +5.2% year-over-year).
- 2019: Revenue of $7.9M, expenses of $8.0M, and assets of $93.7M (revenue -32.6% year-over-year).
- 2015: Revenue of $11.8M, expenses of $7.4M, and assets of $84.5M (revenue +6.4% year-over-year).
- 2014: Revenue of $11.1M, expenses of $7.0M, and assets of $79.9M (revenue +55.4% year-over-year).
- 2013: Revenue of $7.1M, expenses of $6.5M, and assets of $75.7M (revenue -11.3% year-over-year).
- 2012: Revenue of $8.0M, expenses of $4.9M, and assets of $74.3M (revenue +18.3% year-over-year).
- 2011: Revenue of $6.8M, expenses of $7.0M, and assets of $70.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Morris And Alma Schapiro Fund:
Data Sources and Methodology
This transparency report for The Morris And Alma Schapiro Fund 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.