The Staten Island Foundation
The Staten Island Foundation maintains robust assets and zero officer compensation, demonstrating strong financial stewardship.
EIN: 133993115 · Staten Island, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.5M |
| Total Expenses | $4.1M |
| Program Spending | 100% |
| Net Assets | $88.1M |
| Transparency Score | 95/100 |
Is The Staten Island Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Staten Island Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Staten Island Foundation
The Staten Island Foundation (EIN: 133993115) is a nonprofit organization based in Staten Island, NY, classified under NTEE code T20. The organization reported total revenue of $15.5M and total assets of $95.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Staten Island Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Staten Island Foundation is a large nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -1.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$14K |
| Total Assets | $88.1M |
| Total Liabilities | $1 |
| Net Assets | $88.1M |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 260.8 months |
Financial Health Grade: A
In 2024, The Staten Island Foundation reported a surplus of $14K with revenue exceeding expenses, holds 260.8 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 (2012–2024), The Staten Island Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +69.7% | +6.0% | +8.1% |
| 2023 | -29.6% | -8.8% | +5.6% |
| 2022 | -72.1% | -2.9% | -16.2% |
| 2021 | +542.9% | -1.4% | +20.9% |
| 2020 | -8.9% | +23.8% | +7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Staten Island Foundation with a Mission Score of 95 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, The Staten Island Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive compensation directly from the organization, which is highly favorable for resource allocation to its mission.
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.
Strengths
The following positive indicators were identified for The Staten Island Foundation:
- Consistently reports 0% officer compensation, maximizing funds for programs.
- Maintains substantial and growing assets, reaching $95,385,930.
- Consistently reports minimal liabilities (often $1 or $0), indicating strong financial health.
- Stable expense levels suggest consistent programmatic activity.
- High transparency due to clear financial reporting and lack of executive compensation.
Frequently Asked Questions about The Staten Island Foundation
Is The Staten Island Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Staten Island Foundation (EIN: 133993115) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does The Staten Island Foundation spend its money?
The Staten Island Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Staten Island Foundation tax-deductible?
The Staten Island Foundation is registered as a tax-exempt nonprofit (EIN: 133993115). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Staten Island Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), The Staten Island Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Staten Island Foundation located?
The Staten Island Foundation is headquartered in Staten Island, New York and files with the IRS under EIN 133993115. It is classified under NTEE code T20.
How many years of IRS 990 filings does The Staten Island Foundation have?
The Staten Island Foundation 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 $15.5M in total revenue.
Is The Staten Island Foundation a good charity?
Based on the available IRS 990 data, The Staten Island Foundation appears to be a very good charity. It boasts substantial and growing assets ($95,385,930), minimal liabilities (often $1 or $0), and consistently reports 0% officer compensation, meaning all funds are directed towards its mission without executive salary deductions. This indicates strong financial health, efficiency, and a clear focus on program delivery.
How does The Staten Island Foundation manage its assets?
The Staten Island Foundation manages its assets very effectively, with total assets consistently growing over the past decade, from $69,520,289 in 2012 to $95,385,930 currently. Liabilities are consistently reported as negligible ($1 or $0 in most recent filings), indicating excellent financial stewardship and a strong balance sheet.
What is the trend in The Staten Island Foundation's revenue and expenses?
Revenue for The Staten Island Foundation has fluctuated significantly, with a high of $12,173,288 in 2021 and $15,529,739 in the latest period, and lows around $1.8-$2.3 million in other years. Expenses, however, have been more consistent, generally ranging between $3 million and $4.5 million annually, suggesting a stable level of grant-making and operational activity despite revenue volatility.
Filing History
IRS 990 filing history for The Staten Island Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), The Staten Island Foundation's revenue has declined by 14.8%, moving from $4.8M to $4.1M. Total assets increased by 26.7% over the same period, from $69.5M to $88.1M. Total functional expenses rose by 26.6%, from $3.2M to $4.1M. In its most recent filing year (2024), The Staten Island Foundation reported a surplus of $14K, with revenue exceeding expenses. The organization holds $1 in liabilities against $88.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $88.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.1M | $4.1M | $88.1M | $1 | — | View 990 |
| 2023 | $2.4M | $3.8M | $81.5M | $1 | — | View 990 |
| 2022 | $3.4M | $4.2M | $77.2M | $1 | — | View 990 |
| 2021 | $12.2M | $4.3M | $92.1M | $1 | — | — |
| 2020 | $1.9M | $4.4M | $76.1M | $1 | — | — |
| 2016 | $2.1M | $3.5M | $71.0M | $0 | — | View 990 |
| 2015 | $4.0M | $4.5M | $76.5M | $0 | — | View 990 |
| 2014 | $6.4M | $4.6M | $78.9M | $0 | — | View 990 |
| 2013 | $3.0M | $3.3M | $72.0M | $50K | — | View 990 |
| 2012 | $4.8M | $3.2M | $69.5M | $959K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.1M, expenses of $4.1M, and assets of $88.1M (revenue +69.7% year-over-year).
- 2023: Revenue of $2.4M, expenses of $3.8M, and assets of $81.5M (revenue -29.6% year-over-year).
- 2022: Revenue of $3.4M, expenses of $4.2M, and assets of $77.2M (revenue -72.1% year-over-year).
- 2021: Revenue of $12.2M, expenses of $4.3M, and assets of $92.1M (revenue +542.9% year-over-year).
- 2020: Revenue of $1.9M, expenses of $4.4M, and assets of $76.1M (revenue -8.9% year-over-year).
- 2016: Revenue of $2.1M, expenses of $3.5M, and assets of $71.0M (revenue -48.5% year-over-year).
- 2015: Revenue of $4.0M, expenses of $4.5M, and assets of $76.5M (revenue -36.7% year-over-year).
- 2014: Revenue of $6.4M, expenses of $4.6M, and assets of $78.9M (revenue +114.9% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.3M, and assets of $72.0M (revenue -37.8% year-over-year).
- 2012: Revenue of $4.8M, expenses of $3.2M, and assets of $69.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Staten Island Foundation:
Data Sources and Methodology
This transparency report for The Staten Island 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.