The Singer Family Charitable Foundation
Singer Family Foundation: High Assets, Low Program Spending
EIN: 222664654 · Wilmington, DE · Updated: 2026-04-04
Is The Singer Family Charitable Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Singer Family Charitable Foundation directs 1% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About The Singer Family Charitable Foundation
The Singer Family Charitable Foundation (EIN: 222664654) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $29.6M and total assets of $14.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Singer Family Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Singer Family Charitable Foundation is a large nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.6M |
| Total Expenses | $5.6M |
| Surplus / Deficit | $-972,621 |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | -21.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 6.7 months |
Financial Health Grade: B
In 2023, The Singer Family Charitable Foundation reported a deficit of $973K with expenses exceeding revenue, holds 6.7 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 Singer Family Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 31.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +381.4% | +429.6% | -23.7% |
| 2022 | -54.3% | -62.9% | -2.3% |
| 2021 | +191.5% | +205.1% | -15.2% |
| 2020 | +29.9% | +13.6% | -4.1% |
| 2019 | +16.8% | +2.7% | -17.9% |
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 Singer Family Charitable Foundation 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: 99%
- programs: 1%
- fundraising: 0%
According to IRS 990 filings, The Singer Family Charitable Foundation allocates its expenses as follows: admin: 99%, programs: 1%, fundraising: 0%. Only 1% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $973K, 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 salaries paid to officers, directors, trustees, or key employees.
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 Singer Family Charitable Foundation's IRS 990 filings:
- Program service expenses are extremely low, e.g., $5,605,452 in 2023 compared to $46,328,310 in revenue, representing only 1% of total expenses.
- Administrative expenses consistently dominate spending, accounting for 99% of total expenses in 2023 ($5,605,452 out of $5,605,452 total expenses, with $0 program service expenses).
- Despite significant assets (e.g., $14,919,743 in 2023), the foundation's program service spending is minimal, raising questions about its direct charitable impact.
Strengths
The following positive indicators were identified for The Singer Family Charitable Foundation:
- The foundation consistently reports 0% for fundraising expenses, indicating efficient resource allocation away from fundraising efforts.
- No executive compensation is reported, suggesting a volunteer-driven or externally managed operational model for leadership.
- The foundation maintains substantial assets, providing a strong financial base for future charitable activities.
Frequently Asked Questions about The Singer Family Charitable Foundation
Is The Singer Family Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Singer Family Charitable Foundation (EIN: 222664654) significant concerns. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
How does The Singer Family Charitable Foundation spend its money?
The Singer Family Charitable Foundation directs 1% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Singer Family Charitable Foundation tax-deductible?
The Singer Family Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 222664654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does The Singer Family Charitable Foundation do?
The Singer Family Charitable Foundation is a nonprofit organization in the Unknown sector, located in Wilmington, Delaware. It is classified under NTEE code Unknown.
How much revenue does The Singer Family Charitable Foundation have?
The Singer Family Charitable Foundation reported total revenue of $29,586,860. Based on 10 IRS 990 filings on record.
What are The Singer Family Charitable Foundation's total assets?
The Singer Family Charitable Foundation holds total assets of $14,919,743 as reported in IRS 990 filings.
Where is The Singer Family Charitable Foundation located?
The Singer Family Charitable Foundation is based in Wilmington, Delaware.
What is The Singer Family Charitable Foundation's EIN?
The Singer Family Charitable Foundation's Employer Identification Number (EIN) is 222664654. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Singer Family Charitable Foundation?
The Singer Family Charitable Foundation is classified under NTEE code Unknown (Unknown).
Is The Singer Family Charitable Foundation a registered 501(c)(3)?
The Singer Family Charitable Foundation appears in IRS records (EIN: 222664654). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Singer Family Charitable Foundation file IRS Form 990?
Yes, The Singer Family Charitable Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202311.
What was The Singer Family Charitable Foundation's revenue in 2023?
In the 202311 filing period, The Singer Family Charitable Foundation reported total revenue of $4,632,831, total expenses of $5,605,452, and net assets of $3,132,318.
Is The Singer Family Charitable Foundation's revenue growing or declining?
The Singer Family Charitable Foundation's revenue is growing. Revenue went from $962,337 (202211) to $4,632,831 (202311), a +381.4% change. Based on 10 filings on record.
What is The Singer Family Charitable Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for The Singer Family Charitable Foundation covers tax period 202311. It shows revenue of $4,632,831, expenses of $5,605,452, total assets of $3,132,318, and liabilities of $1.
How much does The Singer Family Charitable Foundation spend on programs vs administration?
Based on IRS 990 analysis, The Singer Family Charitable Foundation allocates approximately 1% of expenses to program services, 99% to administrative costs, and 0% to fundraising. Overhead costs appear high relative to program spending.
Is The Singer Family Charitable Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, The Singer Family Charitable Foundation shows mixed signals. Mission Score: 45/100 (Fair). 3 red flags identified. 3 strengths noted.
What are the red flags for The Singer Family Charitable Foundation?
The following concerns were identified: Program service expenses are extremely low, e.g., $5,605,452 in 2023 compared to $46,328,310 in revenue, representing only 1% of total expenses.. Administrative expenses consistently dominate spending, accounting for 99% of total expenses in 2023 ($5,605,452 out of $5,605,452 total expenses, with $0 program service expenses).. Despite significant assets (e.g., $14,919,743 in 2023), the foundation's program service spending is minimal, raising questions about its direct charitable impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Singer Family Charitable Foundation's strengths?
Positive indicators for The Singer Family Charitable Foundation include: The foundation consistently reports 0% for fundraising expenses, indicating efficient resource allocation away from fundraising efforts.. No executive compensation is reported, suggesting a volunteer-driven or externally managed operational model for leadership.. The foundation maintains substantial assets, providing a strong financial base for future charitable activities.. These findings are derived from AI analysis of the organization's financial filings.
How does The Singer Family Charitable Foundation compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating no salaries paid to officers, directors, trustees, or key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial assets and revenue, why is program service spending consistently negligible, often reported as $0?
The filings consistently show program service expenses as $0, with all reported expenses falling under administrative costs. For example, in 2023, total expenses were $5,605,452, all categorized as administrative, with $0 for programs. This suggests the foundation primarily acts as a holding entity or grants out funds without directly incurring program service costs, or that its 'administrative' costs encompass its charitable activities in an unusual way.
How does the foundation fulfill its charitable mission if nearly all reported expenses are administrative and program service expenses are $0?
The data indicates that the foundation's direct program service expenses are consistently $0. This implies that any charitable giving or mission fulfillment is either conducted through grants to other organizations (which would typically be reported as program service expenses or grants paid) or that the 'administrative' expenses are broadly defined to include activities that indirectly support its mission, without direct program implementation costs.
Filing History
IRS 990 filing history for The Singer Family Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Singer Family Charitable Foundation's revenue has grown by 2578.3%, moving from $173K to $4.6M. Total assets decreased by 58.6% over the same period, from $7.6M to $3.1M. Total functional expenses rose by 360.7%, from $1.2M to $5.6M. In its most recent filing year (2023), The Singer Family Charitable Foundation reported a deficit of $973K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $5.6M | $3.1M | $1 | — | — |
| 2022 | $962K | $1.1M | $4.1M | $1 | — | View 990 |
| 2021 | $2.1M | $2.9M | $4.2M | $1 | — | View 990 |
| 2020 | $722K | $936K | $5.0M | $1 | — | View 990 |
| 2019 | $556K | $824K | $5.2M | $1 | — | — |
| 2015 | $476K | $802K | $6.3M | $1 | — | View 990 |
| 2014 | $247K | $559K | $6.6M | $1 | — | View 990 |
| 2013 | $183K | $634K | $6.9M | $1 | — | View 990 |
| 2012 | $512K | $685K | $7.4M | $0 | — | View 990 |
| 2011 | $173K | $1.2M | $7.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $5.6M, and assets of $3.1M (revenue +381.4% year-over-year).
- 2022: Revenue of $962K, expenses of $1.1M, and assets of $4.1M (revenue -54.3% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.9M, and assets of $4.2M (revenue +191.5% year-over-year).
- 2020: Revenue of $722K, expenses of $936K, and assets of $5.0M (revenue +29.9% year-over-year).
- 2019: Revenue of $556K, expenses of $824K, and assets of $5.2M (revenue +16.8% year-over-year).
- 2015: Revenue of $476K, expenses of $802K, and assets of $6.3M (revenue +92.3% year-over-year).
- 2014: Revenue of $247K, expenses of $559K, and assets of $6.6M (revenue +35.3% year-over-year).
- 2013: Revenue of $183K, expenses of $634K, and assets of $6.9M (revenue -64.3% year-over-year).
- 2012: Revenue of $512K, expenses of $685K, and assets of $7.4M (revenue +196.1% year-over-year).
- 2011: Revenue of $173K, expenses of $1.2M, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Singer Family Charitable Foundation:
Data Sources and Methodology
This transparency report for The Singer Family Charitable Foundation 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.