Woodlawn Foundation
Woodlawn Foundation maintains strong assets and reports no officer compensation amidst fluctuating revenues.
EIN: 133055729 · New Rochelle, NY · NTEE: X220 · Updated: 2026-03-28
Is Woodlawn Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Woodlawn Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Woodlawn Foundation
Woodlawn Foundation (EIN: 133055729) is a nonprofit organization based in New Rochelle, NY, classified under NTEE code X220. The organization reported total revenue of $38.1M and total assets of $51.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodlawn Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodlawn Foundation is a large nonprofit that has been operating for 46 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 3.5%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.4M |
| Total Expenses | $20.5M |
| Surplus / Deficit | $-1,102,215 |
| Total Assets | $49.4M |
| Total Liabilities | $6.9M |
| Net Assets | $42.5M |
| Operating Margin | -5.7% |
| Debt-to-Asset Ratio | 14.0% |
| Months of Reserves | 28.9 months |
Financial Health Grade: B
In 2022, Woodlawn Foundation reported a deficit of $1.1M with expenses exceeding revenue, holds 28.9 months of operating reserves (strong position), has a debt-to-asset ratio of 14.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Woodlawn Foundation's revenue has grown at a compound annual growth rate (CAGR) of 3.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -22.4% | +11.1% | -16.1% |
| 2021 | +42.8% | -5.1% | +33.3% |
| 2020 | +16.5% | -1.5% | -7.0% |
| 2019 | -40.2% | +2.1% | -9.6% |
| 2018 | +37.0% | +7.6% | +20.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1980 |
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 Woodlawn Foundation with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, Woodlawn Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 14.0%.
Executive Compensation Analysis
The Woodlawn Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual for an organization of its size with assets exceeding $50 million.
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 Woodlawn Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $25M in 2021 to $19M in 2022, then $38M latest) could indicate unpredictable funding streams.
- The consistent 0% officer compensation for an organization of this size is unusual and might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Woodlawn Foundation:
- Consistent reporting of 0% officer compensation, suggesting high efficiency in resource allocation away from executive salaries.
- Strong and growing asset base (e.g., $51,945,230 latest assets) relative to liabilities, indicating financial stability and capacity.
- Long history of IRS 990 filings (12 filings), demonstrating a commitment to transparency.
- Ability to manage significant revenue fluctuations while maintaining financial health.
Frequently Asked Questions about Woodlawn Foundation
Is Woodlawn Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Woodlawn Foundation (EIN: 133055729) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does Woodlawn Foundation spend its money?
Woodlawn Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Woodlawn Foundation tax-deductible?
Woodlawn Foundation is registered as a tax-exempt nonprofit (EIN: 133055729). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Woodlawn Foundation a good charity?
Based on the available data, Woodlawn Foundation appears to be a well-managed organization. It consistently maintains a strong asset base (e.g., $51,945,230 in latest assets), regularly files its IRS 990s, and notably reports 0% officer compensation, suggesting a high dedication of resources to its mission rather than executive salaries.
How does Woodlawn Foundation manage its revenue fluctuations?
The foundation experiences significant revenue fluctuations, such as $25,049,674 in 2021, dropping to $19,429,525 in 2022, and then rebounding to $38,135,624 in the latest period. Despite this, it consistently maintains a robust asset base (e.g., $51,945,230 latest assets) and manages expenses, indicating effective financial management and possibly reliance on investment income or diverse funding sources to buffer operational costs.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation across all 12 filings is highly significant. For an organization with revenues often exceeding $15 million and assets over $40 million, this suggests that either officers are volunteers, or their compensation is reported under other categories, or the organization operates with a unique governance structure that minimizes executive pay, potentially maximizing funds for programs.
Filing History
IRS 990 filing history for Woodlawn Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Woodlawn Foundation's revenue has grown by 45.6%, moving from $13.3M to $19.4M. Total assets increased by 33.8% over the same period, from $36.9M to $49.4M. Total functional expenses rose by 47.2%, from $13.9M to $20.5M. In its most recent filing year (2022), Woodlawn Foundation reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $6.9M in liabilities against $49.4M in assets (debt-to-asset ratio: 14.0%), resulting in net assets of $42.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $19.4M | $20.5M | $49.4M | $6.9M | — | — |
| 2021 | $25.0M | $18.5M | $58.9M | $3.6M | — | View 990 |
| 2020 | $17.5M | $19.5M | $44.2M | $3.3M | — | View 990 |
| 2019 | $15.1M | $19.8M | $47.6M | $4.7M | — | View 990 |
| 2018 | $25.2M | $19.4M | $52.7M | $5.2M | — | View 990 |
| 2017 | $18.4M | $18.0M | $43.7M | $5.1M | — | View 990 |
| 2016 | $19.5M | $19.5M | $40.8M | $4.0M | — | View 990 |
| 2015 | $31.5M | $15.0M | $43.5M | $4.3M | — | View 990 |
| 2014 | $11.9M | $18.3M | $23.5M | $1.9M | — | View 990 |
| 2013 | $13.2M | $12.9M | $29.5M | $1.7M | — | View 990 |
| 2012 | $10.3M | $15.4M | $31.6M | $1.7M | — | View 990 |
| 2011 | $13.3M | $13.9M | $36.9M | $1.7M | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $19.4M, expenses of $20.5M, and assets of $49.4M (revenue -22.4% year-over-year).
- 2021: Revenue of $25.0M, expenses of $18.5M, and assets of $58.9M (revenue +42.8% year-over-year).
- 2020: Revenue of $17.5M, expenses of $19.5M, and assets of $44.2M (revenue +16.5% year-over-year).
- 2019: Revenue of $15.1M, expenses of $19.8M, and assets of $47.6M (revenue -40.2% year-over-year).
- 2018: Revenue of $25.2M, expenses of $19.4M, and assets of $52.7M (revenue +37.0% year-over-year).
- 2017: Revenue of $18.4M, expenses of $18.0M, and assets of $43.7M (revenue -5.8% year-over-year).
- 2016: Revenue of $19.5M, expenses of $19.5M, and assets of $40.8M (revenue -38.0% year-over-year).
- 2015: Revenue of $31.5M, expenses of $15.0M, and assets of $43.5M (revenue +164.4% year-over-year).
- 2014: Revenue of $11.9M, expenses of $18.3M, and assets of $23.5M (revenue -9.9% year-over-year).
- 2013: Revenue of $13.2M, expenses of $12.9M, and assets of $29.5M (revenue +28.2% year-over-year).
- 2012: Revenue of $10.3M, expenses of $15.4M, and assets of $31.6M (revenue -22.7% year-over-year).
- 2011: Revenue of $13.3M, expenses of $13.9M, and assets of $36.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodlawn Foundation:
Data Sources and Methodology
This transparency report for Woodlawn 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.