Tsadra Foundation
Tsadra Foundation shows inconsistent financial performance with recent expenses exceeding revenue and fluctuating asset levels.
EIN: 137224970 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $3.0M |
| Program Spending | 80% |
| Net Assets | $418K |
| Transparency Score | 70/100 |
Is Tsadra Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tsadra Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tsadra Foundation
Tsadra Foundation (EIN: 137224970) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $3.5M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tsadra Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tsadra 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 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-244,574 |
| Total Assets | $419K |
| Total Liabilities | $1K |
| Net Assets | $418K |
| Operating Margin | -8.7% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 1.7 months |
Financial Health Grade: C
In 2023, Tsadra Foundation reported a deficit of $245K with expenses exceeding revenue, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Tsadra Foundation's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +299.4% | +4.1% | -36.8% |
| 2022 | -84.2% | +13.7% | -77.2% |
| 2021 | +77.8% | +37.0% | +183.1% |
| 2020 | +18.2% | -20.6% | +156.9% |
| 2019 | -1.7% | +14.2% | +18.0% |
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 Tsadra Foundation with a Mission Score of 70 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: 80%
- fundraising: 5%
According to IRS 990 filings, Tsadra Foundation 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 $245K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of either volunteer leadership or that executive compensation is not a significant financial burden relative to the organization's size and overall expenses.
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 Tsadra Foundation's IRS 990 filings:
- Expenses consistently exceeding revenue in recent years (e.g., 2023 and 2022).
- Significant year-over-year fluctuations in revenue (e.g., $4.4M in 2021 to $0.7M in 2022).
- Substantial decrease in assets from $2.9M in 2021 to $0.4M in 2023.
Strengths
The following positive indicators were identified for Tsadra Foundation:
- Consistent reporting of 0% officer compensation, indicating transparency in executive pay.
- History of significant program spending, even during periods of lower revenue.
- Long filing history (10 filings) provides a comprehensive view of financial trends.
Frequently Asked Questions about Tsadra Foundation
Is Tsadra Foundation a legitimate charity?
Tsadra Foundation (EIN: 137224970) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.5M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Tsadra Foundation spend its money?
Tsadra Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tsadra Foundation tax-deductible?
Tsadra Foundation is registered as a tax-exempt nonprofit (EIN: 137224970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Tsadra Foundation's spending goes to programs?
Tsadra Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tsadra Foundation compare to similar nonprofits?
With a transparency score of 70/100 (Good), Tsadra Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tsadra Foundation located?
Tsadra Foundation is headquartered in New York, New York and files with the IRS under EIN 137224970. It is classified under NTEE code T20.
How many years of IRS 990 filings does Tsadra Foundation have?
Tsadra 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 $3.5M in total revenue.
Is Tsadra Foundation financially stable?
Based on the recent filings, Tsadra Foundation's financial stability appears inconsistent. In 2023 and 2022, expenses ($3,045,269 and $2,925,282 respectively) significantly exceeded revenue ($2,800,695 and $701,150 respectively), indicating a reliance on reserves or other funding to cover operational costs. Asset levels have also fluctuated widely, from $2,904,698 in 2021 to $419,075 in 2023.
What caused the significant drop in revenue in 2022?
The IRS 990 data shows a sharp decline in revenue from $4,450,596 in 2021 to $701,150 in 2022. The filings themselves do not provide specific reasons for this fluctuation, but it represents a substantial decrease that would warrant further investigation into funding sources or major one-time contributions in prior years.
How does Tsadra Foundation manage its liabilities?
Liabilities have shown a significant increase in recent years, jumping from $1 in 2021 to $1,017 in 2022 and then to $1,242 in 2023. While these amounts are relatively small compared to overall expenses, the trend of increasing liabilities, especially alongside declining assets, is worth noting.
Filing History
IRS 990 filing history for Tsadra Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Tsadra Foundation's revenue has grown by 21.7%, moving from $2.3M to $2.8M. Total assets decreased by 16.8% over the same period, from $504K to $419K. Total functional expenses rose by 32.4%, from $2.3M to $3.0M. In its most recent filing year (2023), Tsadra Foundation reported a deficit of $245K, with expenses exceeding revenue. The organization holds $1K in liabilities against $419K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $418K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $3.0M | $419K | $1K | — | — |
| 2022 | $701K | $2.9M | $663K | $1K | — | View 990 |
| 2021 | $4.5M | $2.6M | $2.9M | $1 | — | View 990 |
| 2020 | $2.5M | $1.9M | $1.0M | $1 | — | View 990 |
| 2019 | $2.1M | $2.4M | $399K | $0 | — | View 990 |
| 2015 | $2.2M | $2.1M | $338K | $0 | — | View 990 |
| 2014 | $2.2M | $2.5M | $254K | $0 | — | View 990 |
| 2013 | $2.3M | $2.2M | $609K | $0 | — | View 990 |
| 2012 | $2.4M | $2.3M | $558K | $0 | — | View 990 |
| 2011 | $2.3M | $2.3M | $504K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $3.0M, and assets of $419K (revenue +299.4% year-over-year).
- 2022: Revenue of $701K, expenses of $2.9M, and assets of $663K (revenue -84.2% year-over-year).
- 2021: Revenue of $4.5M, expenses of $2.6M, and assets of $2.9M (revenue +77.8% year-over-year).
- 2020: Revenue of $2.5M, expenses of $1.9M, and assets of $1.0M (revenue +18.2% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.4M, and assets of $399K (revenue -1.7% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.1M, and assets of $338K (revenue -0.3% year-over-year).
- 2014: Revenue of $2.2M, expenses of $2.5M, and assets of $254K (revenue -5.8% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.2M, and assets of $609K (revenue -2.5% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.3M, and assets of $558K (revenue +2.2% year-over-year).
- 2011: Revenue of $2.3M, expenses of $2.3M, and assets of $504K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tsadra Foundation:
Data Sources and Methodology
This transparency report for Tsadra 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.