Thomas D And Denise R Stern Family Foundation
Thomas D And Denise R Stern Family Foundation consistently disburses more than annual revenue, drawing from its asset base with zero reported officer compensation.
EIN: 134195656 · New York, NY · NTEE: T21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.7M |
| Total Expenses | $1.7M |
| Program Spending | 95% |
| Net Assets | $9.3M |
| Transparency Score | 90/100 |
Is Thomas D And Denise R Stern Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thomas D And Denise R Stern Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thomas D And Denise R Stern Family Foundation
Thomas D And Denise R Stern Family Foundation (EIN: 134195656) is a nonprofit organization based in New York, NY, classified under NTEE code T21. The organization reported total revenue of $8.7M and total assets of $10.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas D And Denise R Stern Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas D And Denise R Stern Family Foundation is a mid-size nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $651K |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-1,018,857 |
| Total Assets | $9.3M |
| Total Liabilities | $1 |
| Net Assets | $9.3M |
| Operating Margin | -156.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 66.6 months |
Financial Health Grade: B
In 2023, Thomas D And Denise R Stern Family Foundation reported a deficit of $1.0M with expenses exceeding revenue, holds 66.6 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), Thomas D And Denise R Stern Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.3% | -1.6% | -9.9% |
| 2022 | -58.7% | +40.5% | -11.0% |
| 2021 | +425.3% | -39.9% | -1.5% |
| 2019 | -119.0% | -1.9% | -5.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Thomas D And Denise R Stern Family 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Thomas D And Denise R Stern 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 deficit of $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is 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 and allows for maximum allocation of funds to charitable activities.
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 Thomas D And Denise R Stern Family Foundation:
- Zero reported officer compensation, indicating high efficiency.
- Consistent grantmaking, with expenses often exceeding annual revenue, demonstrating active deployment of assets.
- Minimal liabilities reported across all filings, suggesting strong financial health.
- Substantial asset base ($10,765,376) provides long-term stability for its mission.
Frequently Asked Questions about Thomas D And Denise R Stern Family Foundation
Is Thomas D And Denise R Stern Family Foundation a legitimate charity?
Thomas D And Denise R Stern Family Foundation (EIN: 134195656) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $8.7M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Thomas D And Denise R Stern Family Foundation spend its money?
Thomas D And Denise R Stern Family Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Thomas D And Denise R Stern Family Foundation tax-deductible?
Thomas D And Denise R Stern Family Foundation is registered as a tax-exempt nonprofit (EIN: 134195656). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Thomas D And Denise R Stern Family Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Thomas D And Denise R Stern Family Foundation is above average for NTEE category T21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Thomas D And Denise R Stern Family Foundation located?
Thomas D And Denise R Stern Family Foundation is headquartered in New York, New York and files with the IRS under EIN 134195656. It is classified under NTEE code T21.
How many years of IRS 990 filings does Thomas D And Denise R Stern Family Foundation have?
Thomas D And Denise R Stern 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 $8.7M in total revenue.
Is the Thomas D And Denise R Stern Family Foundation financially stable?
Yes, while the foundation consistently spends more than its annual revenue, it maintains a substantial asset base (e.g., $9,265,931 in 2023) which indicates financial stability and the capacity to continue its grantmaking activities.
How does the foundation manage its administrative costs?
The foundation appears to manage administrative costs exceptionally well, with zero reported officer compensation across all filings, suggesting very low overhead and a high proportion of expenses directed towards its mission.
What is the trend in the foundation's assets?
The foundation's assets have seen fluctuations, peaking around $14.3 million in 2015 and currently standing at $10,765,376, indicating active management and deployment of its endowment for charitable purposes.
Filing History
IRS 990 filing history for Thomas D And Denise R Stern Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Thomas D And Denise R Stern Family Foundation's revenue has declined by 76.7%, moving from $2.8M to $651K. Total assets increased by 71.5% over the same period, from $5.4M to $9.3M. Total functional expenses rose by 65.2%, from $1.0M to $1.7M. In its most recent filing year (2023), Thomas D And Denise R Stern Family Foundation reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $9.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $9.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $651K | $1.7M | $9.3M | $1 | — | View 990 |
| 2022 | $427K | $1.7M | $10.3M | $1 | — | View 990 |
| 2021 | $1.0M | $1.2M | $11.6M | $1 | — | — |
| 2020 | $197K | $2.0M | $11.7M | $1 | — | — |
| 2019 | $-1,235,808 | $1.8M | $13.5M | $1 | — | View 990 |
| 2015 | $6.5M | $1.8M | $14.3M | $0 | — | View 990 |
| 2014 | $7.2M | $1.4M | $12.0M | $0 | — | View 990 |
| 2013 | $3.8M | $982K | $8.5M | $0 | — | View 990 |
| 2012 | $3.4M | $928K | $6.8M | $0 | — | View 990 |
| 2011 | $2.8M | $1.0M | $5.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $651K, expenses of $1.7M, and assets of $9.3M (revenue +52.3% year-over-year).
- 2022: Revenue of $427K, expenses of $1.7M, and assets of $10.3M (revenue -58.7% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.2M, and assets of $11.6M (revenue +425.3% year-over-year).
- 2020: Revenue of $197K, expenses of $2.0M, and assets of $11.7M.
- 2019: Revenue of $-1,235,808, expenses of $1.8M, and assets of $13.5M (revenue -119.0% year-over-year).
- 2015: Revenue of $6.5M, expenses of $1.8M, and assets of $14.3M (revenue -9.4% year-over-year).
- 2014: Revenue of $7.2M, expenses of $1.4M, and assets of $12.0M (revenue +87.9% year-over-year).
- 2013: Revenue of $3.8M, expenses of $982K, and assets of $8.5M (revenue +13.0% year-over-year).
- 2012: Revenue of $3.4M, expenses of $928K, and assets of $6.8M (revenue +21.5% year-over-year).
- 2011: Revenue of $2.8M, expenses of $1.0M, and assets of $5.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas D And Denise R Stern Family Foundation:
Data Sources and Methodology
This transparency report for Thomas D And Denise R Stern 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.