The Thomas J Edelman Foundation
The Thomas J Edelman Foundation consistently grows assets with minimal liabilities and no reported officer compensation.
EIN: 133762804 · New York, NY · NTEE: T31Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $24.5M |
| Total Expenses | $1.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $20.8M |
| Transparency Score | 90/100 |
Is The Thomas J Edelman Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Thomas J Edelman Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Thomas J Edelman Foundation
The Thomas J Edelman Foundation (EIN: 133762804) is a nonprofit organization based in New York, NY, classified under NTEE code T31Z. The organization reported total revenue of $24.5M and total assets of $28.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Thomas J Edelman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Thomas J Edelman Foundation is a large nonprofit that has been operating for 31 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.3M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$5.1M |
| Total Assets | $20.8M |
| Total Liabilities | $1 |
| Net Assets | $20.8M |
| Operating Margin | 81.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 210.2 months |
Financial Health Grade: A
In 2023, The Thomas J Edelman Foundation reported a surplus of $5.1M with revenue exceeding expenses, holds 210.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +753.3% | -16.0% | +11.1% |
| 2022 | +362.2% | +23.0% | -12.8% |
| 2021 | -82.1% | +2.3% | -4.8% |
| 2020 | -20.1% | +29.5% | -1.2% |
| 2019 | +55.3% | +287.4% | +32.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
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 Thomas J Edelman Foundation with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Thomas J Edelman Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $5.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with assets exceeding $20 million.
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 Thomas J Edelman Foundation's IRS 990 filings:
- Lack of detailed functional expense breakdown makes it difficult to fully assess program spending ratio.
- Consistent reporting of $1 in liabilities across multiple years could be an artifact of reporting rather than actual minimal liabilities.
Strengths
The following positive indicators were identified for The Thomas J Edelman Foundation:
- Strong and consistent asset growth, from $15.7M in 2011 to $20.7M in 2023.
- Minimal liabilities reported across all filing periods, indicating strong financial stability.
- No reported officer compensation, suggesting high efficiency or volunteer leadership.
- Significant revenue surplus in the latest filing period (202312: Revenue $6.2M vs. Expenses $1.1M).
Frequently Asked Questions about The Thomas J Edelman Foundation
Is The Thomas J Edelman Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Thomas J Edelman Foundation (EIN: 133762804) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does The Thomas J Edelman Foundation spend its money?
The Thomas J Edelman Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Thomas J Edelman Foundation tax-deductible?
The Thomas J Edelman Foundation is registered as a tax-exempt nonprofit (EIN: 133762804). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Thomas J Edelman Foundation CEO make?
The Thomas J Edelman Foundation's highest-compensated officer earns $20 annually. The organization reported $24.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Thomas J Edelman Foundation's spending goes to programs?
The Thomas J Edelman Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Thomas J Edelman Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), The Thomas J Edelman Foundation is above average for NTEE category T31Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Thomas J Edelman Foundation located?
The Thomas J Edelman Foundation is headquartered in New York, New York and files with the IRS under EIN 133762804. It is classified under NTEE code T31Z.
How many years of IRS 990 filings does The Thomas J Edelman Foundation have?
The Thomas J Edelman 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 $24.5M in total revenue.
Is The Thomas J Edelman Foundation a good charity?
Based on the available financial data, the foundation appears to be very well-managed financially, with consistent asset growth, minimal liabilities, and no reported officer compensation. Its financial stability and apparent efficiency are strong positive indicators.
What is the primary purpose of The Thomas J Edelman Foundation?
As a Private Grantmaking Foundation (NTEE Code T31Z), its primary purpose is typically to make grants to other organizations or individuals to support charitable activities aligned with its mission.
How has the foundation's financial health changed over time?
The foundation has shown consistent financial growth, with assets increasing from $15,771,733 in 201112 to $20,776,529 in 202312. Revenue has fluctuated but generally remained strong, with a significant surplus in the latest period (202312).
Filing History
IRS 990 filing history for The Thomas J Edelman Foundation showing financial trends over 10 years of public records:
Total assets increased by 31.7% over the same period, from $15.8M to $20.8M. Total functional expenses rose by 55.8%, from $761K to $1.2M. In its most recent filing year (2023), The Thomas J Edelman Foundation reported a surplus of $5.1M, with revenue exceeding expenses. The organization holds $1 in liabilities against $20.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $20.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.3M | $1.2M | $20.8M | $1 | — | View 990 |
| 2022 | $735K | $1.4M | $18.7M | $1 | — | View 990 |
| 2021 | $159K | $1.1M | $21.4M | $1 | — | View 990 |
| 2020 | $890K | $1.1M | $22.5M | $1 | — | View 990 |
| 2019 | $1.1M | $867K | $22.8M | $1 | — | — |
| 2015 | $717K | $224K | $17.1M | $0 | — | View 990 |
| 2014 | $941K | $631K | $16.6M | $0 | — | View 990 |
| 2013 | $1.1M | $741K | $16.3M | $0 | — | View 990 |
| 2012 | $908K | $715K | $16.0M | $0 | — | View 990 |
| 2011 | $-1,013,562 | $761K | $15.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.3M, expenses of $1.2M, and assets of $20.8M (revenue +753.3% year-over-year).
- 2022: Revenue of $735K, expenses of $1.4M, and assets of $18.7M (revenue +362.2% year-over-year).
- 2021: Revenue of $159K, expenses of $1.1M, and assets of $21.4M (revenue -82.1% year-over-year).
- 2020: Revenue of $890K, expenses of $1.1M, and assets of $22.5M (revenue -20.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $867K, and assets of $22.8M (revenue +55.3% year-over-year).
- 2015: Revenue of $717K, expenses of $224K, and assets of $17.1M (revenue -23.7% year-over-year).
- 2014: Revenue of $941K, expenses of $631K, and assets of $16.6M (revenue -15.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $741K, and assets of $16.3M (revenue +22.6% year-over-year).
- 2012: Revenue of $908K, expenses of $715K, and assets of $16.0M.
- 2011: Revenue of $-1,013,562, expenses of $761K, and assets of $15.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Thomas J Edelman Foundation:
Data Sources and Methodology
This transparency report for The Thomas J Edelman 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.