Zlotoff Foundation
Zlotoff Foundation maintains strong asset base with zero officer compensation.
EIN: 203696669 · Birmingham, MI · NTEE: A54 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $599K |
| Total Expenses | $520K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $4.9M |
| Transparency Score | 95/100 |
Is Zlotoff Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Zlotoff Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Zlotoff Foundation
Zlotoff Foundation (EIN: 203696669) is a nonprofit organization based in Birmingham, MI, classified under NTEE code A54. The organization reported total revenue of $599K and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zlotoff Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Zlotoff Foundation is a small nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $508K |
| Total Expenses | $520K |
| Surplus / Deficit | $-12,789 |
| Total Assets | $4.9M |
| Total Liabilities | $242 |
| Net Assets | $4.9M |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 112.8 months |
Financial Health Grade: B
In 2023, Zlotoff Foundation reported a deficit of $13K with expenses exceeding revenue, holds 112.8 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), Zlotoff Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +88.2% | +27.6% | -0.4% |
| 2022 | +14.9% | +33.4% | -2.6% |
| 2021 | -44.1% | -16.8% | -1.4% |
| 2020 | -22.4% | +3.4% | +0.9% |
| 2019 | -79.6% | +34.0% | +29.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Zlotoff Foundation with a Mission Score of 95 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, Zlotoff 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:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly efficient for an organization of its size with assets nearing $5 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 Zlotoff Foundation's IRS 990 filings:
- Recent years show expenses exceeding revenue (e.g., 202312: Expenses $520,289 vs. Revenue $507,500; 202212: Expenses $407,872 vs. Revenue $269,632), which, if sustained, could draw down assets over time, though this is common for foundations.
Strengths
The following positive indicators were identified for Zlotoff Foundation:
- Zero officer compensation across all filings, indicating highly efficient use of funds for mission-related activities.
- Strong asset base of $4,849,181, providing long-term financial stability and capacity for grant-making.
- Consistently low liabilities, demonstrating sound financial management and minimal debt.
- Consistent IRS 990 filing history over 10 periods, indicating transparency and compliance.
Frequently Asked Questions about Zlotoff Foundation
Is Zlotoff Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Zlotoff Foundation (EIN: 203696669) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Zlotoff Foundation spend its money?
Zlotoff Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Zlotoff Foundation tax-deductible?
Zlotoff Foundation is registered as a tax-exempt nonprofit (EIN: 203696669). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Zlotoff Foundation CEO make?
Zlotoff Foundation's highest-compensated officer earns $5 annually. The organization reported $599K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Zlotoff Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Zlotoff Foundation is above average for NTEE category A54 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Zlotoff Foundation located?
Zlotoff Foundation is headquartered in Birmingham, Michigan and files with the IRS under EIN 203696669. It is classified under NTEE code A54.
How many years of IRS 990 filings does Zlotoff Foundation have?
Zlotoff 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 $599K in total revenue.
Is the Zlotoff Foundation a good charity?
Based on the provided data, the Zlotoff Foundation appears to be a very good charity. It has a strong asset base of $4,849,181, consistently reports 0% officer compensation, and maintains low liabilities, all of which suggest efficient financial management and a strong commitment to its mission.
How does the Zlotoff Foundation fund its operations?
The Zlotoff Foundation primarily funds its operations through its substantial endowment, as evidenced by its significant assets of $4,849,181 and annual revenues that fluctuate but generally support its grant-making activities. The large revenue spike in 2015 ($2,654,035) suggests potential large contributions or investment gains that year, further building its capital.
What is the Zlotoff Foundation's financial stability?
The Zlotoff Foundation demonstrates strong financial stability. It possesses nearly $5 million in assets ($4,849,181) and consistently reports very low liabilities (e.g., $242 in 202312), indicating a healthy balance sheet and minimal financial risk.
Filing History
IRS 990 filing history for Zlotoff Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Zlotoff Foundation's revenue has grown by 262.5%, moving from $140K to $508K. Total assets increased by 477.2% over the same period, from $847K to $4.9M. Total functional expenses rose by 1228.8%, from $39K to $520K. In its most recent filing year (2023), Zlotoff Foundation reported a deficit of $13K, with expenses exceeding revenue. The organization holds $242 in liabilities against $4.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $508K | $520K | $4.9M | $242 | — | — |
| 2022 | $270K | $408K | $4.9M | $9K | — | View 990 |
| 2021 | $235K | $306K | $5.0M | $454 | — | View 990 |
| 2020 | $420K | $367K | $5.1M | $2K | — | — |
| 2019 | $541K | $355K | $5.1M | $11K | — | View 990 |
| 2015 | $2.7M | $265K | $3.9M | $1 | — | View 990 |
| 2014 | $368K | $167K | $1.5M | $1 | — | View 990 |
| 2013 | $349K | $136K | $1.3M | $1 | — | View 990 |
| 2012 | $341K | $66K | $1.1M | $0 | — | View 990 |
| 2011 | $140K | $39K | $847K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $508K, expenses of $520K, and assets of $4.9M (revenue +88.2% year-over-year).
- 2022: Revenue of $270K, expenses of $408K, and assets of $4.9M (revenue +14.9% year-over-year).
- 2021: Revenue of $235K, expenses of $306K, and assets of $5.0M (revenue -44.1% year-over-year).
- 2020: Revenue of $420K, expenses of $367K, and assets of $5.1M (revenue -22.4% year-over-year).
- 2019: Revenue of $541K, expenses of $355K, and assets of $5.1M (revenue -79.6% year-over-year).
- 2015: Revenue of $2.7M, expenses of $265K, and assets of $3.9M (revenue +621.8% year-over-year).
- 2014: Revenue of $368K, expenses of $167K, and assets of $1.5M (revenue +5.3% year-over-year).
- 2013: Revenue of $349K, expenses of $136K, and assets of $1.3M (revenue +2.4% year-over-year).
- 2012: Revenue of $341K, expenses of $66K, and assets of $1.1M (revenue +143.5% year-over-year).
- 2011: Revenue of $140K, expenses of $39K, and assets of $847K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Zlotoff Foundation:
Data Sources and Methodology
This transparency report for Zlotoff 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.