Thomas F Staley Foundation
Thomas F Staley Foundation frequently spends more than it earns, relying on its substantial asset base.
EIN: 136071888 · Easton, PA · Updated: 2026-03-28
Is Thomas F Staley Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thomas F Staley Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thomas F Staley Foundation
Thomas F Staley Foundation (EIN: 136071888) is a nonprofit organization based in Easton, PA. The organization reported total revenue of $1.4M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas F Staley Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Thomas F Staley Foundation with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 0%
According to IRS 990 filings, Thomas F Staley Foundation allocates its expenses as follows: admin: 15%, programs: 85%, fundraising: 0%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a highly efficient and likely volunteer-led leadership structure, which significantly reduces administrative overhead.
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 Thomas F Staley Foundation's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in multiple years, such as 2023 ($213,155 expenses vs. $119,518 revenue) and 2022 ($267,393 expenses vs. $229,417 revenue).
- Significant year-over-year fluctuations in revenue, making financial planning potentially challenging (e.g., $418,061 in 2021 down to $119,518 in 2023).
Strengths
The following positive indicators were identified for Thomas F Staley Foundation:
- Strong asset base, consistently above $3.5 million, providing financial stability and a buffer against deficit spending.
- Zero reported officer compensation across all filings, indicating highly efficient leadership and minimal administrative overhead related to executive salaries.
- Very low liabilities, often reported as $1, demonstrating excellent financial management and minimal debt burden.
Frequently Asked Questions about Thomas F Staley Foundation
Is Thomas F Staley Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Thomas F Staley Foundation (EIN: 136071888) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Thomas F Staley Foundation spend its money?
Thomas F Staley Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Thomas F Staley Foundation tax-deductible?
Thomas F Staley Foundation is registered as a tax-exempt nonprofit (EIN: 136071888). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Thomas F Staley Foundation sustain its operations given that expenses frequently exceed revenue?
The foundation appears to sustain its operations by drawing from its substantial asset base, which has consistently been above $3.5 million. For example, in 2023, expenses were $213,155 while revenue was $119,518, indicating a deficit covered by existing assets.
What are the primary sources of the foundation's revenue?
While specific revenue sources are not detailed in the provided data, the 'Latest Revenue' of $1,417,771 suggests a mix of investment income, donations, or other grants, which fluctuates significantly year-to-year (e.g., $119,518 in 2023 vs. $418,061 in 2021).
Does the foundation have a plan to increase its annual revenue to cover expenses?
The provided data does not detail specific plans to increase revenue. However, the recurring trend of expenses exceeding revenue (e.g., 8 out of 10 reported periods) suggests this is a consistent operational model, possibly relying on endowment returns rather than aggressive fundraising.
Filing History
IRS 990 filing history for Thomas F Staley Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Thomas F Staley Foundation's revenue has declined by 38.5%, moving from $194K to $120K. Total assets decreased by 11.1% over the same period, from $4.2M to $3.7M. Total functional expenses fell by 61%, from $547K to $213K. In its most recent filing year (2023), Thomas F Staley Foundation reported a deficit of $94K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $120K | $213K | $3.7M | $1 | — | — |
| 2022 | $229K | $267K | $3.8M | $1 | — | — |
| 2021 | $418K | $324K | $3.9M | $1 | — | View 990 |
| 2020 | $404K | $194K | $3.8M | $1 | — | — |
| 2019 | $155K | $187K | $3.5M | $1 | — | View 990 |
| 2015 | $179K | $352K | $3.5M | $1 | — | View 990 |
| 2014 | $241K | $344K | $3.7M | $1 | — | View 990 |
| 2013 | $208K | $508K | $3.8M | $40K | — | View 990 |
| 2012 | $365K | $452K | $4.1M | $1 | — | View 990 |
| 2011 | $194K | $547K | $4.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $120K, expenses of $213K, and assets of $3.7M (revenue -47.9% year-over-year).
- 2022: Revenue of $229K, expenses of $267K, and assets of $3.8M (revenue -45.1% year-over-year).
- 2021: Revenue of $418K, expenses of $324K, and assets of $3.9M (revenue +3.4% year-over-year).
- 2020: Revenue of $404K, expenses of $194K, and assets of $3.8M (revenue +160.2% year-over-year).
- 2019: Revenue of $155K, expenses of $187K, and assets of $3.5M (revenue -13.0% year-over-year).
- 2015: Revenue of $179K, expenses of $352K, and assets of $3.5M (revenue -25.8% year-over-year).
- 2014: Revenue of $241K, expenses of $344K, and assets of $3.7M (revenue +15.5% year-over-year).
- 2013: Revenue of $208K, expenses of $508K, and assets of $3.8M (revenue -42.9% year-over-year).
- 2012: Revenue of $365K, expenses of $452K, and assets of $4.1M (revenue +87.8% year-over-year).
- 2011: Revenue of $194K, expenses of $547K, and assets of $4.2M.
Data Sources and Methodology
This transparency report for Thomas F Staley 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.