The Zegar Family Foundation
Zegar Family Foundation shows strong asset growth and zero executive compensation over a decade.
EIN: 137548507 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $127.2M |
| Total Expenses | $24.1M |
| Program Spending | 95% |
| Net Assets | $269.5M |
| Transparency Score | 92/100 |
Is The Zegar Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Zegar Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Zegar Family Foundation
The Zegar Family Foundation (EIN: 137548507) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $127.2M and total assets of $297.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Zegar Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Zegar Family Foundation is a major nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31.0M |
| Total Expenses | $24.1M |
| Surplus / Deficit | +$6.9M |
| Total Assets | $269.5M |
| Total Liabilities | $1 |
| Net Assets | $269.5M |
| Operating Margin | 22.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 134.4 months |
Financial Health Grade: A
In 2023, The Zegar Family Foundation reported a surplus of $6.9M with revenue exceeding expenses, holds 134.4 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 Zegar Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.4% | +2.9% | +2.6% |
| 2022 | -20.2% | +20.6% | +2.7% |
| 2021 | -43.0% | +2.8% | +7.1% |
| 2020 | +51.2% | +50.3% | +22.9% |
| 2019 | +134.1% | +59.2% | +39.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Zegar Family Foundation with a Mission Score of 92 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, The Zegar Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $6.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for a foundation of this size.
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 Zegar Family Foundation:
- Consistent asset growth, from $46M in 2011 to $269M in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency.
- Minimal liabilities ($1 in recent years) demonstrating strong fiscal management.
- Consistent IRS 990 filing history, indicating good transparency.
- Strong revenue generation, with latest reported revenue at $30,953,867 in 2023.
Frequently Asked Questions about The Zegar Family Foundation
Is The Zegar Family Foundation a legitimate charity?
The Zegar Family Foundation (EIN: 137548507) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $127.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does The Zegar Family Foundation spend its money?
The Zegar Family Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to The Zegar Family Foundation tax-deductible?
The Zegar Family Foundation is registered as a tax-exempt nonprofit (EIN: 137548507). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Zegar Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), The Zegar Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Zegar Family Foundation located?
The Zegar Family Foundation is headquartered in New York, New York and files with the IRS under EIN 137548507. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Zegar Family Foundation have?
The Zegar Family 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 $127.2M in total revenue.
Is The Zegar Family Foundation a good charity?
Based on its financial data, The Zegar Family Foundation appears to be a very good charity. It exhibits strong financial health with growing assets, minimal liabilities, and a commendable practice of not paying officer compensation, ensuring funds are directed towards its mission.
How has the foundation's financial health changed over time?
The foundation's financial health has significantly improved, with assets growing from $46 million in 2011 to $269 million in 2023, and revenue streams remaining robust, demonstrating strong financial stewardship.
What is the foundation's approach to executive compensation?
The Zegar Family Foundation has consistently reported 0% officer compensation across all available filings, indicating a highly efficient model where no funds are used for executive salaries.
Filing History
IRS 990 filing history for The Zegar Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Zegar Family Foundation's revenue has grown by 1967.9%, moving from $1.5M to $31.0M. Total assets increased by 485.7% over the same period, from $46.0M to $269.5M. Total functional expenses rose by 872.6%, from $2.5M to $24.1M. In its most recent filing year (2023), The Zegar Family Foundation reported a surplus of $6.9M, with revenue exceeding expenses. The organization holds $1 in liabilities against $269.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $269.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31.0M | $24.1M | $269.5M | $1 | — | View 990 |
| 2022 | $28.3M | $23.4M | $262.7M | $1 | — | View 990 |
| 2021 | $35.4M | $19.4M | $255.8M | $1 | — | View 990 |
| 2020 | $62.1M | $18.8M | $238.9M | $1 | — | View 990 |
| 2019 | $41.1M | $12.5M | $194.3M | $0 | — | View 990 |
| 2015 | $17.5M | $7.9M | $138.9M | $0 | — | View 990 |
| 2014 | $23.1M | $6.5M | $129.3M | $0 | — | View 990 |
| 2013 | $37.6M | $4.5M | $112.5M | $0 | — | View 990 |
| 2012 | $36.7M | $3.2M | $79.5M | $0 | — | View 990 |
| 2011 | $1.5M | $2.5M | $46.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31.0M, expenses of $24.1M, and assets of $269.5M (revenue +9.4% year-over-year).
- 2022: Revenue of $28.3M, expenses of $23.4M, and assets of $262.7M (revenue -20.2% year-over-year).
- 2021: Revenue of $35.4M, expenses of $19.4M, and assets of $255.8M (revenue -43.0% year-over-year).
- 2020: Revenue of $62.1M, expenses of $18.8M, and assets of $238.9M (revenue +51.2% year-over-year).
- 2019: Revenue of $41.1M, expenses of $12.5M, and assets of $194.3M (revenue +134.1% year-over-year).
- 2015: Revenue of $17.5M, expenses of $7.9M, and assets of $138.9M (revenue -24.0% year-over-year).
- 2014: Revenue of $23.1M, expenses of $6.5M, and assets of $129.3M (revenue -38.5% year-over-year).
- 2013: Revenue of $37.6M, expenses of $4.5M, and assets of $112.5M (revenue +2.4% year-over-year).
- 2012: Revenue of $36.7M, expenses of $3.2M, and assets of $79.5M (revenue +2350.3% year-over-year).
- 2011: Revenue of $1.5M, expenses of $2.5M, and assets of $46.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Zegar Family Foundation:
Data Sources and Methodology
This transparency report for The Zegar Family 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.