The Nirenberg Foundation Inc
Nirenberg Foundation: Declining Revenue and Asset Base Raise Concerns
EIN: 223059287 · East Hartford, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $83K |
| Total Expenses | $152K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $98K |
| Transparency Score | 45/100 |
Is The Nirenberg Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Nirenberg Foundation Inc
The Nirenberg Foundation Inc (EIN: 223059287) is a nonprofit organization based in East Hartford, CT. The organization reported total revenue of $83K and total assets of $15K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Nirenberg Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Nirenberg Foundation Inc is a micro nonprofit that has been operating for 36 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $89K |
| Total Expenses | $152K |
| Surplus / Deficit | $-63,209 |
| Total Assets | $98K |
| Total Liabilities | $1 |
| Net Assets | $98K |
| Operating Margin | -71.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 7.7 months |
Financial Health Grade: B
In 2023, The Nirenberg Foundation Inc reported a deficit of $63K with expenses exceeding revenue, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), The Nirenberg Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.5% | -26.4% | -39.2% |
| 2022 | +109.0% | -18.0% | +56.9% |
| 2021 | -48.2% | +0.1% | -54.9% |
| 2020 | +53.8% | -8.9% | -61.0% |
| 2016 | -39.1% | +30.1% | -16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
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 Nirenberg Foundation Inc with a Mission Score of 45 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: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, The Nirenberg Foundation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $63K, 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 no paid executives.
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 Nirenberg Foundation Inc's IRS 990 filings:
- Zero program service expenses reported in all available filings (e.g., $0 in 2023, 2022, 2021), raising questions about its charitable purpose.
- Significant and consistent decline in total revenue from $261,262 in 2015 to $82,700 in 2023.
- Substantial decrease in total assets from $908,900 in 2013 to $14,847 in 2023, indicating a significant depletion of resources.
- The organization consistently reports 0% fundraising expenses, yet revenue is still generated, which could imply passive income or unrecorded fundraising methods.
Strengths
The following positive indicators were identified for The Nirenberg Foundation Inc:
- No executive compensation reported, indicating efficient use of funds in that regard.
Frequently Asked Questions about The Nirenberg Foundation Inc
Is The Nirenberg Foundation Inc a legitimate charity?
The Nirenberg Foundation Inc (EIN: 223059287) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 45/100. It has 9 years of IRS 990 filings on record. Total revenue: $83K. 4 red flags identified. 1 strength noted. Financial health grade: B.
How does The Nirenberg Foundation Inc spend its money?
The Nirenberg Foundation Inc reported $83K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Nirenberg Foundation Inc tax-deductible?
The Nirenberg Foundation Inc is registered as a tax-exempt nonprofit (EIN: 223059287). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Nirenberg Foundation Inc CEO make?
The Nirenberg Foundation Inc's highest-compensated officer earns $0 annually. The organization reported $83K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is The Nirenberg Foundation Inc located?
The Nirenberg Foundation Inc is headquartered in East Hartford, Connecticut and files with the IRS under EIN 223059287.
How many years of IRS 990 filings does The Nirenberg Foundation Inc have?
The Nirenberg Foundation Inc has 9 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 $83K in total revenue.
What does The Nirenberg Foundation Inc do?
The Nirenberg Foundation Inc is a nonprofit organization in the Unknown sector, located in East Hartford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does The Nirenberg Foundation Inc have?
The Nirenberg Foundation Inc reported total revenue of $82,700. Based on 9 IRS 990 filings on record.
What are The Nirenberg Foundation Inc's total assets?
The Nirenberg Foundation Inc holds total assets of $14,847 as reported in IRS 990 filings.
Where is The Nirenberg Foundation Inc located?
The Nirenberg Foundation Inc is based in East Hartford, Connecticut.
What is The Nirenberg Foundation Inc's EIN?
The Nirenberg Foundation Inc's Employer Identification Number (EIN) is 223059287. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Nirenberg Foundation Inc?
The Nirenberg Foundation Inc is classified under NTEE code Unknown (Unknown).
Is The Nirenberg Foundation Inc a registered 501(c)(3)?
The Nirenberg Foundation Inc appears in IRS records (EIN: 223059287). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Nirenberg Foundation Inc file IRS Form 990?
Yes, The Nirenberg Foundation Inc has 9 IRS Form 990 filings on record. The most recent covers tax period 202304.
What was The Nirenberg Foundation Inc's revenue in 2023?
In the 202304 filing period, The Nirenberg Foundation Inc reported total revenue of $88,656, total expenses of $151,865, and net assets of $97,893.
Is The Nirenberg Foundation Inc's revenue growing or declining?
The Nirenberg Foundation Inc's revenue is declining. Revenue went from $264,671 (202204) to $88,656 (202304), a -66.5% change. Based on 9 filings on record.
What is The Nirenberg Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Nirenberg Foundation Inc covers tax period 202304. It shows revenue of $88,656, expenses of $151,865, total assets of $97,893, and liabilities of $1.
Is The Nirenberg Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Nirenberg Foundation Inc shows mixed signals. Mission Score: 45/100 (Fair). 4 red flags identified. 1 strength noted.
What are the red flags for The Nirenberg Foundation Inc?
The following concerns were identified: Zero program service expenses reported in all available filings (e.g., $0 in 2023, 2022, 2021), raising questions about its charitable purpose.. Significant and consistent decline in total revenue from $261,262 in 2015 to $82,700 in 2023.. Substantial decrease in total assets from $908,900 in 2013 to $14,847 in 2023, indicating a significant depletion of resources.. The organization consistently reports 0% fundraising expenses, yet revenue is still generated, which could imply passive income or unrecorded fundraising methods.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Nirenberg Foundation Inc's strengths?
Positive indicators for The Nirenberg Foundation Inc include: No executive compensation reported, indicating efficient use of funds in that regard.. These findings are derived from AI analysis of the organization's financial filings.
How does The Nirenberg Foundation Inc compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating no paid executives. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of zero program service expenses and a significant decline in assets, what is the current operational status and long-term strategy of The Nirenberg Foundation Inc?
The data suggests the foundation may be largely inactive in terms of direct charitable programming or is in the process of winding down, with its assets being depleted over time without clear programmatic expenditures.
Filing History
IRS 990 filing history for The Nirenberg Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), The Nirenberg Foundation Inc's revenue has declined by 58.6%, moving from $214K to $89K. Total assets decreased by 91.5% over the same period, from $1.2M to $98K. Total functional expenses fell by 71.7%, from $537K to $152K. In its most recent filing year (2023), The Nirenberg Foundation Inc reported a deficit of $63K, with expenses exceeding revenue. The organization holds $1 in liabilities against $98K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $98K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $89K | $152K | $98K | $1 | — | View 990 |
| 2022 | $265K | $206K | $161K | $1 | — | View 990 |
| 2021 | $127K | $252K | $103K | $1 | — | View 990 |
| 2020 | $245K | $251K | $228K | $1 | — | — |
| 2016 | $159K | $276K | $583K | $1 | — | View 990 |
| 2015 | $261K | $212K | $700K | $0 | — | View 990 |
| 2014 | $17K | $275K | $651K | $0 | — | View 990 |
| 2013 | $42K | $291K | $909K | $0 | — | View 990 |
| 2012 | $214K | $537K | $1.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $89K, expenses of $152K, and assets of $98K (revenue -66.5% year-over-year).
- 2022: Revenue of $265K, expenses of $206K, and assets of $161K (revenue +109.0% year-over-year).
- 2021: Revenue of $127K, expenses of $252K, and assets of $103K (revenue -48.2% year-over-year).
- 2020: Revenue of $245K, expenses of $251K, and assets of $228K (revenue +53.8% year-over-year).
- 2016: Revenue of $159K, expenses of $276K, and assets of $583K (revenue -39.1% year-over-year).
- 2015: Revenue of $261K, expenses of $212K, and assets of $700K (revenue +1452.3% year-over-year).
- 2014: Revenue of $17K, expenses of $275K, and assets of $651K (revenue -60.1% year-over-year).
- 2013: Revenue of $42K, expenses of $291K, and assets of $909K (revenue -80.3% year-over-year).
- 2012: Revenue of $214K, expenses of $537K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Nirenberg Foundation Inc:
Data Sources and Methodology
This transparency report for The Nirenberg 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.