The Nassau Foundation Inc
The Nassau Foundation Inc. consistently operates with volunteer leadership and stable assets, though recent expenses have exceeded revenues.
EIN: 133534894 · Princeton, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $243K |
| Total Expenses | $306K |
| Program Spending | 75% |
| Net Assets | $549K |
| Transparency Score | 85/100 |
Is The Nassau 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 Nassau Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Nassau Foundation Inc
The Nassau Foundation Inc (EIN: 133534894) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $243K and total assets of $530K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Nassau Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Nassau Foundation Inc is a small nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $264K |
| Total Expenses | $306K |
| Surplus / Deficit | $-41,787 |
| Total Assets | $551K |
| Total Liabilities | $2K |
| Net Assets | $549K |
| Operating Margin | -15.8% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 21.6 months |
Financial Health Grade: B
In 2023, The Nassau Foundation Inc reported a deficit of $42K with expenses exceeding revenue, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Nassau Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.6% | -0.6% | -7.3% |
| 2022 | -10.8% | +22.5% | -3.7% |
| 2021 | +3.8% | -8.7% | +9.8% |
| 2020 | +1.4% | +12.3% | +4.8% |
| 2019 | +23.0% | -2.3% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Nassau Foundation Inc 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, The Nassau 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 $42K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is a strong positive for minimizing administrative overhead.
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 Nassau Foundation Inc's IRS 990 filings:
- Expenses exceeded revenue in the two most recent periods (202212 and 202312), with a deficit of $41,787 in 202312 and $33,741 in 202212.
Strengths
The following positive indicators were identified for The Nassau Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
- Stable asset base, consistently around $500,000, providing a financial cushion.
- Very low liabilities, demonstrating sound financial management and minimal debt.
- Long filing history (13 filings) indicates consistent operation and compliance.
Frequently Asked Questions about The Nassau Foundation Inc
Is The Nassau Foundation Inc a legitimate charity?
The Nassau Foundation Inc (EIN: 133534894) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $243K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does The Nassau Foundation Inc spend its money?
The Nassau Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to The Nassau Foundation Inc tax-deductible?
The Nassau Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133534894). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Nassau Foundation Inc's spending goes to programs?
The Nassau Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Nassau Foundation Inc located?
The Nassau Foundation Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 133534894.
How many years of IRS 990 filings does The Nassau Foundation Inc have?
The Nassau 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 $243K in total revenue.
Is The Nassau Foundation Inc. financially stable?
While the organization has stable assets around $500,000, recent filings (202212 and 202312) show expenses exceeding revenues, which could impact long-term stability if not addressed. However, low liabilities suggest good debt management.
How does The Nassau Foundation Inc. manage its administrative costs?
The organization reports 0% officer compensation, indicating very low executive administrative costs. A full breakdown of other administrative expenses is not available in the provided data.
What is the trend in The Nassau Foundation Inc.'s revenue?
Revenue has fluctuated but generally remained between $200,000 and $300,000 over the past decade, with the latest reported revenue at $264,230 in 202312.
Does The Nassau Foundation Inc. have significant debt?
No, the organization consistently reports very low liabilities, with the highest being $5,388 in 202012 and only $1,667 in the latest filing (202312).
Filing History
IRS 990 filing history for The Nassau Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Nassau Foundation Inc's revenue has grown by 6.2%, moving from $249K to $264K. Total assets decreased by 6.1% over the same period, from $586K to $551K. Total functional expenses rose by 38.3%, from $221K to $306K. In its most recent filing year (2023), The Nassau Foundation Inc reported a deficit of $42K, with expenses exceeding revenue. The organization holds $2K in liabilities against $551K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $549K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $264K | $306K | $551K | $2K | — | — |
| 2022 | $274K | $308K | $594K | $3K | — | View 990 |
| 2021 | $307K | $251K | $617K | $5K | — | View 990 |
| 2020 | $296K | $275K | $562K | $5K | — | View 990 |
| 2019 | $292K | $245K | $536K | $4K | — | View 990 |
| 2018 | $237K | $251K | $488K | $2K | — | View 990 |
| 2017 | $237K | $185K | $528K | $0 | — | — |
| 2016 | $215K | $234K | $475K | $0 | — | View 990 |
| 2015 | $191K | $236K | $493K | $0 | — | View 990 |
| 2014 | $224K | $239K | $535K | $5K | — | View 990 |
| 2013 | $219K | $233K | $549K | $4K | — | View 990 |
| 2012 | $210K | $234K | $563K | $4K | — | View 990 |
| 2011 | $249K | $221K | $586K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $264K, expenses of $306K, and assets of $551K (revenue -3.6% year-over-year).
- 2022: Revenue of $274K, expenses of $308K, and assets of $594K (revenue -10.8% year-over-year).
- 2021: Revenue of $307K, expenses of $251K, and assets of $617K (revenue +3.8% year-over-year).
- 2020: Revenue of $296K, expenses of $275K, and assets of $562K (revenue +1.4% year-over-year).
- 2019: Revenue of $292K, expenses of $245K, and assets of $536K (revenue +23.0% year-over-year).
- 2018: Revenue of $237K, expenses of $251K, and assets of $488K (revenue +0.2% year-over-year).
- 2017: Revenue of $237K, expenses of $185K, and assets of $528K (revenue +9.9% year-over-year).
- 2016: Revenue of $215K, expenses of $234K, and assets of $475K (revenue +12.9% year-over-year).
- 2015: Revenue of $191K, expenses of $236K, and assets of $493K (revenue -14.9% year-over-year).
- 2014: Revenue of $224K, expenses of $239K, and assets of $535K (revenue +2.0% year-over-year).
- 2013: Revenue of $219K, expenses of $233K, and assets of $549K (revenue +4.4% year-over-year).
- 2012: Revenue of $210K, expenses of $234K, and assets of $563K (revenue -15.5% year-over-year).
- 2011: Revenue of $249K, expenses of $221K, and assets of $586K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Nassau Foundation Inc:
Data Sources and Methodology
This transparency report for The Nassau 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.