Wayne Eisenbaum Charitable Foundation

Wayne Eisenbaum Charitable Foundation consistently operates with no officer compensation and modest assets, showing a surplus in its latest fiscal year.

EIN: 206973232 · Old Saybrook, CT · NTEE: T20 · Updated: 2026-03-28

$303KRevenue
$166KAssets
85/100Mission Score (Excellent)
T20
Wayne Eisenbaum Charitable Foundation Financial Summary
MetricValue
Total Revenue$303K
Total Expenses$261K
Program Spending90%
Net Assets$128K
Transparency Score85/100

Search Intent Cockpit

Wayne Eisenbaum Charitable Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Wayne Eisenbaum Charitable Foundation 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 Wayne Eisenbaum Charitable Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $302K and expenses of $261K.

Revenue and Expenses

Wayne Eisenbaum Charitable Foundation reported $302K in revenue and $261K in expenses, a surplus of $41K.

Executive Compensation

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

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.

Is Wayne Eisenbaum Charitable Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 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
90%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

Wayne Eisenbaum Charitable Foundation Expense Deployment
Program services$235K (90%)

Across stored filings, Wayne Eisenbaum Charitable Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Wayne Eisenbaum Charitable Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with Teen Center Of Wilton IncConnecticut and Philanthropy context

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Wayne Eisenbaum Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Wayne Eisenbaum Charitable Foundation

Wayne Eisenbaum Charitable Foundation (EIN: 206973232) is a nonprofit organization based in Old Saybrook, CT, classified under NTEE code T20. The organization reported total revenue of $303K and total assets of $166K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wayne Eisenbaum Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
10Years of Filings
MixedRevenue Trajectory

Wayne Eisenbaum Charitable Foundation is a small 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 3.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$302K
Total Expenses$261K
Surplus / Deficit+$41K
Total Assets$128K
Total Liabilities$1
Net Assets$128K
Operating Margin13.4%
Debt-to-Asset Ratio0.0%
Months of Reserves5.9 months

Financial Health Grade: A

In 2023, Wayne Eisenbaum Charitable Foundation reported a surplus of $41K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Wayne Eisenbaum Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+50.6%+-0.0%+50.7%
2022-42.9%+0.0%-43.1%
2021+100.3%-3.7%+154.9%
2020-33.0%+-0.0%-61.6%
2019+27.4%+35.1%+135.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2007

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

AI Transparency Report

The Wayne Eisenbaum Charitable Foundation demonstrates consistent financial activity, with revenues fluctuating between approximately $102,048 and $351,191 over the past decade. In the latest reported period (202312), the organization generated $302,020 in revenue against $261,423 in expenses, resulting in a surplus. While the foundation's assets have shown growth, reaching $128,205 in 202312, they remain relatively modest compared to its annual revenue. The organization consistently reports minimal liabilities, often just $1, indicating a healthy balance sheet with little debt. Spending efficiency appears to be a strong point, as the foundation consistently reports 0% officer compensation across all available filings, suggesting that administrative costs related to executive salaries are non-existent. This allows a greater proportion of funds to be directed towards its charitable purpose. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely determine the exact program spending ratio versus other administrative or fundraising costs. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which inherently implies program spending. In terms of transparency, the consistent filing of IRS Form 990s over a decade provides a good historical record. The absence of officer compensation is a positive indicator of financial stewardship. However, to fully assess transparency and spending efficiency, more granular expense data, such as specific program service expenses, management and general expenses, and fundraising expenses, would be beneficial. Based on the available data, the foundation appears to be a lean operation with a focus on its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Wayne Eisenbaum Charitable Foundation with a Mission Score of 85 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Wayne Eisenbaum Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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:

$302KTotal Revenue
$261KTotal Expenses
$128KTotal Assets
$1Total Liabilities
$128KNet Assets
  • The organization reported a surplus of $41K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds to the mission.

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 Wayne Eisenbaum Charitable Foundation's IRS 990 filings:

  • Lack of detailed expense breakdown beyond total expenses in provided data, making precise program efficiency calculation difficult.

Strengths

The following positive indicators were identified for Wayne Eisenbaum Charitable Foundation:

  • Consistent 0% officer compensation, maximizing funds for charitable purposes.
  • Very low liabilities, indicating strong financial health and minimal debt.
  • Consistent filing of IRS Form 990s over a decade, demonstrating transparency.
  • Positive net income in the latest fiscal year (202312), adding to assets.

Frequently Asked Questions about Wayne Eisenbaum Charitable Foundation

Is Wayne Eisenbaum Charitable Foundation a legitimate charity?

Wayne Eisenbaum Charitable Foundation (EIN: 206973232) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $303K. 1 red flag identified. 4 strengths noted. Financial health grade: A.

How does Wayne Eisenbaum Charitable Foundation spend its money?

Wayne Eisenbaum Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Wayne Eisenbaum Charitable Foundation tax-deductible?

Wayne Eisenbaum Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 206973232). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Wayne Eisenbaum Charitable Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Wayne Eisenbaum Charitable 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 Wayne Eisenbaum Charitable Foundation located?

Wayne Eisenbaum Charitable Foundation is headquartered in Old Saybrook, Connecticut and files with the IRS under EIN 206973232. It is classified under NTEE code T20.

How many years of IRS 990 filings does Wayne Eisenbaum Charitable Foundation have?

Wayne Eisenbaum Charitable 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 $303K in total revenue.

Is the Wayne Eisenbaum Charitable Foundation financially stable?

Yes, the foundation appears financially stable, consistently maintaining low liabilities ($1 in most periods) and generating surpluses in several recent years, including $40,597 in 202312 ($302,020 revenue - $261,423 expenses).

How much of its funding goes to programs?

While specific program expense breakdowns are not provided, the consistent 0% officer compensation and the nature of a grantmaking foundation (NTEE T20) suggest a very high proportion of expenses are directed towards programs. We estimate around 90% based on the available data.

Does the foundation pay its executives?

No, the foundation consistently reports 0% officer compensation in all available IRS 990 filings, indicating no salaries are paid to its executives.

Has the foundation's revenue been consistent?

Revenue has fluctuated over the years, ranging from a low of $102,048 in 201212 to a high of $351,191 in 202112, but generally remains in the $200,000-$300,000 range in recent periods.

Filing History

IRS 990 filing history for Wayne Eisenbaum Charitable Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Wayne Eisenbaum Charitable Foundation's revenue has grown by 50.8%, moving from $200K to $302K. Total assets increased by 19.1% over the same period, from $108K to $128K. Total functional expenses rose by 135.4%, from $111K to $261K. In its most recent filing year (2023), Wayne Eisenbaum Charitable Foundation reported a surplus of $41K, with revenue exceeding expenses. The organization holds $1 in liabilities against $128K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $128K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $302K $261K $128K $1 View 990
2022 $200K $262K $85K $1 View 990
2021 $351K $261K $150K $1
2020 $175K $272K $59K $1
2019 $262K $272K $153K $1 View 990
2015 $205K $201K $65K $0 View 990
2014 $200K $201K $61K $1 View 990
2013 $145K $197K $62K $1 View 990
2012 $102K $99K $112K $1 View 990
2011 $200K $111K $108K $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $302K, expenses of $261K, and assets of $128K (revenue +50.6% year-over-year).
  • 2022: Revenue of $200K, expenses of $262K, and assets of $85K (revenue -42.9% year-over-year).
  • 2021: Revenue of $351K, expenses of $261K, and assets of $150K (revenue +100.3% year-over-year).
  • 2020: Revenue of $175K, expenses of $272K, and assets of $59K (revenue -33.0% year-over-year).
  • 2019: Revenue of $262K, expenses of $272K, and assets of $153K (revenue +27.4% year-over-year).
  • 2015: Revenue of $205K, expenses of $201K, and assets of $65K (revenue +2.6% year-over-year).
  • 2014: Revenue of $200K, expenses of $201K, and assets of $61K (revenue +37.8% year-over-year).
  • 2013: Revenue of $145K, expenses of $197K, and assets of $62K (revenue +42.4% year-over-year).
  • 2012: Revenue of $102K, expenses of $99K, and assets of $112K (revenue -49.0% year-over-year).
  • 2011: Revenue of $200K, expenses of $111K, and assets of $108K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Wayne Eisenbaum Charitable Foundation:

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 Wayne Eisenbaum Charitable 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.

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