The Yip Harburg Foundation Inc
The Yip Harburg Foundation maintains stable assets and zero officer compensation amidst fluctuating revenues.
EIN: 133101075 · Wilmington, DE · Updated: 2026-03-28
Is The Yip Harburg 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 Yip Harburg Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Yip Harburg Foundation Inc
The Yip Harburg Foundation Inc (EIN: 133101075) is a nonprofit organization based in Wilmington, DE. The organization reported total revenue of $206K and total assets of $374K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Yip Harburg Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Yip Harburg Foundation Inc is a small nonprofit that has been operating for 44 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -13.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $70K |
| Total Expenses | $79K |
| Surplus / Deficit | $-8,570 |
| Total Assets | $285K |
| Total Liabilities | $1 |
| Net Assets | $285K |
| Operating Margin | -12.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.5 months |
Financial Health Grade: B
In 2023, The Yip Harburg Foundation Inc reported a deficit of $9K with expenses exceeding revenue, holds 43.5 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 Yip Harburg Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.0% | +25.2% | -2.9% |
| 2022 | -18.8% | -14.1% | +13.3% |
| 2021 | -9.3% | +642.6% | +22.0% |
| 2020 | -64.6% | -96.9% | -33.9% |
| 2016 | +3.5% | -21.2% | +19.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Yip Harburg 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: 80%
- fundraising: 5%
According to IRS 990 filings, The Yip Harburg Foundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officer salaries are paid, which is highly unusual for an organization of its size with assets of $374,380.
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 Yip Harburg Foundation Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes precise efficiency assessment difficult.
- Significant fluctuations in annual revenue, from $373,397 in 2016 to $70,116 in 2023, could indicate inconsistent funding sources.
Strengths
The following positive indicators were identified for The Yip Harburg Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds not for executive salaries.
- Minimal liabilities, often reported as $1, demonstrating strong financial health and low debt burden.
- Consistent filing of IRS Form 990s over nine periods, showing commitment to regulatory compliance and transparency.
- Stable and growing asset base, currently at $374,380, indicating financial resilience.
Frequently Asked Questions about The Yip Harburg Foundation Inc
Is The Yip Harburg Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Yip Harburg Foundation Inc (EIN: 133101075) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does The Yip Harburg Foundation Inc spend its money?
The Yip Harburg Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Yip Harburg Foundation Inc tax-deductible?
The Yip Harburg Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133101075). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Yip Harburg Foundation Inc a good charity?
Based on the available data, The Yip Harburg Foundation Inc appears to be a financially stable organization with minimal liabilities and a strong commitment to not paying executive compensation. Its consistent filing of IRS 990s also indicates transparency. However, without detailed program expense breakdowns, it's difficult to fully assess its impact.
How does the foundation manage its expenses relative to its revenue?
The foundation generally manages its expenses well, often keeping them below or close to revenue. For example, in 2022, revenue was $97,384 against expenses of $62,856. There have been periods, such as 2015, where expenses ($401,472) exceeded revenue ($360,783), but overall, assets have grown or remained stable.
What is the trend in the foundation's assets?
The foundation's assets have shown growth over the past few years, increasing from $212,223 in 2020 to $374,380 currently. While there was a dip from a high of $398,822 in 2012, the recent trend indicates healthy asset accumulation.
Filing History
IRS 990 filing history for The Yip Harburg Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), The Yip Harburg Foundation Inc's revenue has declined by 79.1%, moving from $335K to $70K. Total assets decreased by 28.6% over the same period, from $399K to $285K. Total functional expenses fell by 66.7%, from $236K to $79K. In its most recent filing year (2023), The Yip Harburg Foundation Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1 in liabilities against $285K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $285K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $70K | $79K | $285K | $1 | — | View 990 |
| 2022 | $97K | $63K | $294K | $1 | — | View 990 |
| 2021 | $120K | $73K | $259K | $1 | — | View 990 |
| 2020 | $132K | $10K | $212K | $1 | — | View 990 |
| 2016 | $373K | $316K | $321K | $3K | — | View 990 |
| 2015 | $361K | $401K | $269K | $7K | — | View 990 |
| 2014 | $318K | $343K | $302K | $1 | — | View 990 |
| 2013 | $267K | $339K | $327K | $1 | — | View 990 |
| 2012 | $335K | $236K | $399K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $70K, expenses of $79K, and assets of $285K (revenue -28.0% year-over-year).
- 2022: Revenue of $97K, expenses of $63K, and assets of $294K (revenue -18.8% year-over-year).
- 2021: Revenue of $120K, expenses of $73K, and assets of $259K (revenue -9.3% year-over-year).
- 2020: Revenue of $132K, expenses of $10K, and assets of $212K (revenue -64.6% year-over-year).
- 2016: Revenue of $373K, expenses of $316K, and assets of $321K (revenue +3.5% year-over-year).
- 2015: Revenue of $361K, expenses of $401K, and assets of $269K (revenue +13.4% year-over-year).
- 2014: Revenue of $318K, expenses of $343K, and assets of $302K (revenue +19.3% year-over-year).
- 2013: Revenue of $267K, expenses of $339K, and assets of $327K (revenue -20.4% year-over-year).
- 2012: Revenue of $335K, expenses of $236K, and assets of $399K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Yip Harburg Foundation Inc:
Data Sources and Methodology
This transparency report for The Yip Harburg 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.