Whitney And Anne M Stone Foundation
Whitney And Anne M Stone Foundation's assets have declined by over 50% since 2021, with recent expenses consistently exceeding revenue.
EIN: 133394681 · Stamford, CT · Updated: 2026-03-28
Is Whitney And Anne M Stone Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Whitney And Anne M Stone Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Whitney And Anne M Stone Foundation
Whitney And Anne M Stone Foundation (EIN: 133394681) is a nonprofit organization based in Stamford, CT. The organization reported total revenue of $547K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Whitney And Anne M Stone Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Whitney And Anne M Stone Foundation is a small nonprofit that has been operating for 39 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -15.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $208K |
| Surplus / Deficit | $-175,734 |
| Total Assets | $1.9M |
| Total Liabilities | $41K |
| Net Assets | $1.9M |
| Operating Margin | -537.7% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 110.5 months |
Financial Health Grade: B
In 2023, Whitney And Anne M Stone Foundation reported a deficit of $176K with expenses exceeding revenue, holds 110.5 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Whitney And Anne M Stone Foundation's revenue has declined at a compound annual growth rate (CAGR) of -15.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -91.5% | -43.6% | -7.3% |
| 2022 | -55.6% | -15.7% | -49.6% |
| 2021 | +233.2% | +26.4% | +11.5% |
| 2020 | +11.4% | +17.2% | -2.0% |
| 2019 | +32.9% | -14.2% | -5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Whitney And Anne M Stone Foundation with a Mission Score of 60 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, Whitney And Anne M Stone 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 $176K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly efficient for an organization of its size.
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 Whitney And Anne M Stone Foundation's IRS 990 filings:
- Significant decline in assets (over 50% from 2021 to 2023)
- Frequent periods where expenses exceed revenue, notably in 2023 ($208,419 expenses vs. $32,685 revenue)
- Lack of NTEE code, hindering comparative analysis
- Unclear long-term financial strategy given asset depletion
Strengths
The following positive indicators were identified for Whitney And Anne M Stone Foundation:
- Consistent IRS 990 filing history, indicating basic transparency
- 0% officer compensation reported across all filings, demonstrating high efficiency in executive costs
- Historically low liabilities, indicating prudent debt management
Frequently Asked Questions about Whitney And Anne M Stone Foundation
Is Whitney And Anne M Stone Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Whitney And Anne M Stone Foundation (EIN: 133394681) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Whitney And Anne M Stone Foundation spend its money?
Whitney And Anne M Stone Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Whitney And Anne M Stone Foundation tax-deductible?
Whitney And Anne M Stone Foundation is registered as a tax-exempt nonprofit (EIN: 133394681). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Whitney And Anne M Stone Foundation financially sustainable?
The foundation's financial sustainability is questionable given the significant decline in assets from $4,108,537 in 2021 to $1,918,804 in 2023, and the recurring pattern of expenses exceeding revenue, such as in 2023 where expenses were $208,419 against only $32,685 in revenue.
How does the foundation manage its liabilities?
The foundation has historically maintained very low liabilities, often reported as $1, though liabilities increased to $41,254 in 2023, which is still relatively small compared to its assets.
What caused the substantial decrease in assets?
The provided data does not specify the exact causes for the asset decline, but it coincides with periods where expenses significantly outpaced revenue, suggesting assets may have been drawn down to cover operational costs or grant distributions.
What is the foundation's primary program focus?
The NTEE code is unknown, and the provided financial data does not detail the specific programs or mission of the Whitney And Anne M Stone Foundation, making it difficult to assess its program focus.
Filing History
IRS 990 filing history for Whitney And Anne M Stone Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Whitney And Anne M Stone Foundation's revenue has declined by 86.7%, moving from $245K to $33K. Total assets decreased by 32.2% over the same period, from $2.8M to $1.9M. Total functional expenses fell by 17.3%, from $252K to $208K. In its most recent filing year (2023), Whitney And Anne M Stone Foundation reported a deficit of $176K, with expenses exceeding revenue. The organization holds $41K in liabilities against $1.9M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $208K | $1.9M | $41K | — | — |
| 2022 | $382K | $369K | $2.1M | $12K | — | View 990 |
| 2021 | $861K | $438K | $4.1M | $1 | — | View 990 |
| 2020 | $258K | $347K | $3.7M | $1 | — | View 990 |
| 2019 | $232K | $296K | $3.8M | $1 | — | View 990 |
| 2015 | $174K | $345K | $4.0M | $1 | — | View 990 |
| 2014 | $1.4M | $271K | $4.1M | $1 | — | View 990 |
| 2013 | $452K | $256K | $3.0M | $1 | — | View 990 |
| 2012 | $310K | $229K | $2.9M | $1 | — | View 990 |
| 2011 | $245K | $252K | $2.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $208K, and assets of $1.9M (revenue -91.5% year-over-year).
- 2022: Revenue of $382K, expenses of $369K, and assets of $2.1M (revenue -55.6% year-over-year).
- 2021: Revenue of $861K, expenses of $438K, and assets of $4.1M (revenue +233.2% year-over-year).
- 2020: Revenue of $258K, expenses of $347K, and assets of $3.7M (revenue +11.4% year-over-year).
- 2019: Revenue of $232K, expenses of $296K, and assets of $3.8M (revenue +32.9% year-over-year).
- 2015: Revenue of $174K, expenses of $345K, and assets of $4.0M (revenue -87.9% year-over-year).
- 2014: Revenue of $1.4M, expenses of $271K, and assets of $4.1M (revenue +220.0% year-over-year).
- 2013: Revenue of $452K, expenses of $256K, and assets of $3.0M (revenue +45.7% year-over-year).
- 2012: Revenue of $310K, expenses of $229K, and assets of $2.9M (revenue +26.4% year-over-year).
- 2011: Revenue of $245K, expenses of $252K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Whitney And Anne M Stone Foundation:
Data Sources and Methodology
This transparency report for Whitney And Anne M Stone 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.