Zimmel Family Foundation
Zimmel Family Foundation shows fluctuating revenue and significant grantmaking activity with no officer compensation.
EIN: 133596015 · Stamford, CT · Updated: 2026-03-28
Is Zimmel Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zimmel Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Zimmel Family Foundation
Zimmel Family Foundation (EIN: 133596015) is a nonprofit organization based in Stamford, CT. The organization reported total revenue of $1.7M and total assets of $7.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zimmel Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zimmel Family Foundation is a mid-size nonprofit that has been operating for 34 years, with 10 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $197K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-824,701 |
| Total Assets | $7.8M |
| Total Liabilities | $1 |
| Net Assets | $7.8M |
| Operating Margin | -419.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 92.0 months |
Financial Health Grade: B
In 2024, Zimmel Family Foundation reported a deficit of $825K with expenses exceeding revenue, holds 92.0 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 (2012–2024), Zimmel Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3493.1% | -11.7% | -7.8% |
| 2023 | -99.7% | +294.4% | -13.4% |
| 2022 | +89.7% | +52.8% | +16.6% |
| 2021 | -30.6% | -53.9% | +13.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Zimmel Family 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Zimmel Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $825K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all filings, which is typical for a family foundation where administrative functions may be handled by volunteers or through other means, indicating a highly efficient use of funds for its stated purpose.
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.
Strengths
The following positive indicators were identified for Zimmel Family Foundation:
- Consistently 0% officer compensation, indicating efficient use of funds.
- Minimal liabilities ($1 across all filings), showing strong financial health.
- Substantial and growing asset base, reaching $7,834,180 in 202407, supporting long-term sustainability.
- Clear focus on grantmaking, with expenses often exceeding revenue, suggesting active distribution of funds.
Frequently Asked Questions about Zimmel Family Foundation
Is Zimmel Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Zimmel Family Foundation (EIN: 133596015) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Zimmel Family Foundation spend its money?
Zimmel Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Zimmel Family Foundation tax-deductible?
Zimmel Family Foundation is registered as a tax-exempt nonprofit (EIN: 133596015). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Zimmel Family Foundation a good charity?
Based on the available data, the Zimmel Family Foundation appears to be a well-managed grantmaking organization. It consistently reports 0% officer compensation and maintains minimal liabilities, suggesting that its assets are primarily directed towards its mission through grants. Its financial stability, with assets of $7,834,180 in 202407, further supports its capacity to fulfill its philanthropic goals.
What is the primary activity of the Zimmel Family Foundation?
The primary activity of the Zimmel Family Foundation appears to be grantmaking, as evidenced by its fluctuating expenses, which often exceed revenue in specific years (e.g., 202407 expenses of $1,021,390 vs. revenue of $196,689), indicating distributions from its asset base.
How stable is the Zimmel Family Foundation financially?
The Zimmel Family Foundation demonstrates financial stability with substantial assets, reaching $7,834,180 in 202407, and consistently reporting minimal liabilities ($1). While revenue fluctuates, its asset base provides a strong foundation for its ongoing operations and grantmaking.
Filing History
IRS 990 filing history for Zimmel Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2012–2024), Zimmel Family Foundation's revenue has grown by 137.6%, moving from $83K to $197K. Total assets increased by 184% over the same period, from $2.8M to $7.8M. Total functional expenses rose by 334.1%, from $235K to $1.0M. In its most recent filing year (2024), Zimmel Family Foundation reported a deficit of $825K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $197K | $1.0M | $7.8M | $1 | — | — |
| 2023 | $5K | $1.2M | $8.5M | $1 | — | View 990 |
| 2022 | $2.1M | $293K | $9.8M | $1 | — | View 990 |
| 2021 | $1.1M | $192K | $8.4M | $1 | — | View 990 |
| 2020 | $1.6M | $417K | $7.4M | $1 | — | View 990 |
| 2016 | $-39,587 | $266K | $3.6M | $1 | — | View 990 |
| 2015 | $17K | $278K | $3.7M | $1 | — | View 990 |
| 2014 | $1.1M | $119K | $3.8M | $1 | — | View 990 |
| 2013 | $600K | $78K | $3.2M | $1 | — | View 990 |
| 2012 | $83K | $235K | $2.8M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $197K, expenses of $1.0M, and assets of $7.8M (revenue +3493.1% year-over-year).
- 2023: Revenue of $5K, expenses of $1.2M, and assets of $8.5M (revenue -99.7% year-over-year).
- 2022: Revenue of $2.1M, expenses of $293K, and assets of $9.8M (revenue +89.7% year-over-year).
- 2021: Revenue of $1.1M, expenses of $192K, and assets of $8.4M (revenue -30.6% year-over-year).
- 2020: Revenue of $1.6M, expenses of $417K, and assets of $7.4M.
- 2016: Revenue of $-39,587, expenses of $266K, and assets of $3.6M (revenue -328.9% year-over-year).
- 2015: Revenue of $17K, expenses of $278K, and assets of $3.7M (revenue -98.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $119K, and assets of $3.8M (revenue +90.0% year-over-year).
- 2013: Revenue of $600K, expenses of $78K, and assets of $3.2M (revenue +625.3% year-over-year).
- 2012: Revenue of $83K, expenses of $235K, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zimmel Family Foundation:
Data Sources and Methodology
This transparency report for Zimmel Family 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.