W Parsons Todd Foundation Inc

W Parsons Todd Foundation consistently spends more than it earns, drawing down assets to fund operations and grants.

EIN: 136116488 · Ewing, NJ · Updated: 2026-03-28

$959KRevenue
$3.9MAssets
75/100Mission Score (Good)
W Parsons Todd Foundation Inc Financial Summary
MetricValue
Total Revenue$959K
Total Expenses$278K
Program Spending85%
Net Assets$3.8M
Transparency Score75/100

Search Intent Cockpit

W Parsons Todd Foundation Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

W Parsons Todd Foundation Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around W Parsons Todd Foundation Inc in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $30K and expenses of $278K.

Revenue and Expenses

W Parsons Todd Foundation Inc reported $30K in revenue and $278K in expenses, a deficit of $248K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

75/100 mission score, 3 red flags, and 4 strengths are shown from structured and AI review.

Is W Parsons Todd Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

W Parsons Todd Foundation Inc Expense Deployment
Program services$236K (85%)

Across stored filings, W Parsons Todd Foundation Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

W Parsons Todd Foundation Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade B10 stored filing years
Peer contextCompare with Dance For The Cure IncNew Jersey and category context

Trust Check

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85% of spending goes to programs.

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W Parsons Todd Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About W Parsons Todd Foundation Inc

W Parsons Todd Foundation Inc (EIN: 136116488) is a nonprofit organization based in Ewing, NJ. The organization reported total revenue of $959K and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of W Parsons Todd Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

67Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

W Parsons Todd Foundation Inc is a small nonprofit that has been operating for 67 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -24.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$30K
Total Expenses$278K
Surplus / Deficit$-247,991
Total Assets$3.8M
Total Liabilities$1
Net Assets$3.8M
Operating Margin-836.5%
Debt-to-Asset Ratio0.0%
Months of Reserves163.6 months

Financial Health Grade: B

In 2023, W Parsons Todd Foundation Inc reported a deficit of $248K with expenses exceeding revenue, holds 163.6 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), W Parsons Todd Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -24.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023-58.1%-3.5%-6.1%
2022-73.4%+9.3%-5.2%
2020-148.0%+1.0%-5.8%
2019+81.2%+10.0%+0.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1959

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The W Parsons Todd Foundation Inc appears to be a grant-making organization, as indicated by its consistent expenses and fluctuating revenue, often showing net losses. In the latest period (202312), the organization reported revenue of $29,646 against expenses of $277,637, resulting in a significant deficit. This pattern of expenses consistently exceeding revenue is common for foundations that primarily disburse funds from an endowment rather than actively fundraise for operational costs. The organization's assets have shown a gradual decline from a peak of $4,797,388 in 201312 to $3,785,339 in 202312, suggesting that it is drawing down its principal to cover expenses and grants. Spending efficiency is difficult to fully assess without a detailed breakdown of program service expenses versus administrative and fundraising costs, which are not provided in the summary data. However, the consistent expense levels (around $200,000-$280,000 annually) suggest a stable operational base. The absence of reported officer compensation across all filings indicates either a volunteer-led board or compensation below reporting thresholds, which can be a positive sign for donor confidence regarding executive pay. The organization's liabilities are consistently minimal, indicating good financial management in terms of debt. Transparency is generally good given the availability of 10 years of IRS 990 filings. However, without specific program details or a breakdown of expenses beyond total expenses, it's challenging to fully understand the impact of its grants or the efficiency of its operations. The lack of an NTEE code also makes it harder to benchmark against similar organizations. Overall, the foundation appears to be a stable, albeit slowly diminishing, grant-making entity with a focus on its mission, as evidenced by consistent disbursements and no reported executive compensation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates W Parsons Todd Foundation Inc 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, W Parsons Todd Foundation Inc 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$30KTotal Revenue
$278KTotal Expenses
$3.8MTotal Assets
$1Total Liabilities
$3.8MNet Assets
  • The organization reported a deficit of $248K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

No officer compensation has been reported across all available filings, suggesting either a volunteer board or compensation levels below IRS reporting thresholds, which is a positive indicator for resource allocation.

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 W Parsons Todd Foundation Inc's IRS 990 filings:

  • Consistent net losses, with expenses frequently exceeding revenue (e.g., $277,637 expenses vs. $29,646 revenue in 202312).
  • Declining asset base over the past decade, from $4,797,388 in 201312 to $3,785,339 in 202312.
  • Lack of detailed expense breakdown (program vs. admin/fundraising) in summary data, making efficiency analysis difficult.

Strengths

The following positive indicators were identified for W Parsons Todd Foundation Inc:

  • No reported officer compensation across all filings, indicating efficient use of funds regarding executive pay.
  • Consistently low liabilities, often $1 or $0, demonstrating strong financial management of debt.
  • Long history of IRS 990 filings (10 filings), indicating transparency in reporting.
  • Stable expense levels over many years, suggesting consistent operational capacity.

Frequently Asked Questions about W Parsons Todd Foundation Inc

Is W Parsons Todd Foundation Inc a legitimate charity?

W Parsons Todd Foundation Inc (EIN: 136116488) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $959K. 3 red flags identified. 4 strengths noted. Financial health grade: B.

How does W Parsons Todd Foundation Inc spend its money?

W Parsons Todd Foundation Inc directs 85% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to W Parsons Todd Foundation Inc tax-deductible?

W Parsons Todd Foundation Inc is registered as a tax-exempt nonprofit (EIN: 136116488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is W Parsons Todd Foundation Inc located?

W Parsons Todd Foundation Inc is headquartered in Ewing, New Jersey and files with the IRS under EIN 136116488.

How many years of IRS 990 filings does W Parsons Todd Foundation Inc have?

W Parsons Todd Foundation Inc 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 $959K in total revenue.

What specific programs or grants does the W Parsons Todd Foundation Inc support?

The provided data does not detail specific programs or grant recipients. Further investigation into the full IRS 990 forms would be necessary to identify the foundation's beneficiaries and grant-making focus.

Why has the organization's asset base been declining over the past decade?

The consistent pattern of expenses exceeding revenue, such as $277,637 in expenses versus $29,646 in revenue in 202312, indicates that the foundation is likely drawing down its endowment or principal assets to cover its operational costs and grant disbursements, leading to the observed decline from $4,797,388 in 201312 to $3,785,339 in 202312.

What is the long-term sustainability plan given the consistent net losses?

With expenses consistently outpacing revenue, the foundation's long-term sustainability depends on its ability to generate sufficient investment returns or secure additional principal contributions to replenish its asset base, or it may eventually deplete its endowment if current spending patterns continue.

Filing History

IRS 990 filing history for W Parsons Todd Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), W Parsons Todd Foundation Inc's revenue has declined by 96.7%, moving from $907K to $30K. Total assets increased by 17.3% over the same period, from $3.2M to $3.8M. Total functional expenses rose by 22.2%, from $227K to $278K. In its most recent filing year (2023), W Parsons Todd Foundation Inc reported a deficit of $248K, with expenses exceeding revenue. The organization holds $1 in liabilities against $3.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $30K $278K $3.8M $1 View 990
2022 $71K $288K $4.0M $1 View 990
2021 $266K $263K $4.2M $38 View 990
2020 $-79,475 $256K $4.3M $1
2019 $166K $253K $4.5M $1 View 990
2015 $91K $230K $4.5M $0 View 990
2014 $30K $216K $4.6M $0 View 990
2013 $1.1M $201K $4.8M $0 View 990
2012 $915K $245K $3.9M $1 View 990
2011 $907K $227K $3.2M $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $30K, expenses of $278K, and assets of $3.8M (revenue -58.1% year-over-year).
  • 2022: Revenue of $71K, expenses of $288K, and assets of $4.0M (revenue -73.4% year-over-year).
  • 2021: Revenue of $266K, expenses of $263K, and assets of $4.2M.
  • 2020: Revenue of $-79,475, expenses of $256K, and assets of $4.3M (revenue -148.0% year-over-year).
  • 2019: Revenue of $166K, expenses of $253K, and assets of $4.5M (revenue +81.2% year-over-year).
  • 2015: Revenue of $91K, expenses of $230K, and assets of $4.5M (revenue +208.1% year-over-year).
  • 2014: Revenue of $30K, expenses of $216K, and assets of $4.6M (revenue -97.3% year-over-year).
  • 2013: Revenue of $1.1M, expenses of $201K, and assets of $4.8M (revenue +20.4% year-over-year).
  • 2012: Revenue of $915K, expenses of $245K, and assets of $3.9M (revenue +0.8% year-over-year).
  • 2011: Revenue of $907K, expenses of $227K, and assets of $3.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for W Parsons Todd Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for W Parsons Todd 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.

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