Zygmunt And Audrey Wilf Foundation
Zygmunt And Audrey Wilf Foundation: Consistent Growth, Minimal Transparency
EIN: 222747584 · Short Hills, NJ · Updated: 2026-04-04
About Zygmunt And Audrey Wilf Foundation
Zygmunt And Audrey Wilf Foundation (EIN: 222747584) is a nonprofit organization based in Short Hills, NJ. The organization reported total revenue of $7.9M and total assets of $37.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Zygmunt And Audrey Wilf Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Zygmunt And Audrey Wilf Foundation with a Mission Score of 75 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Zygmunt And Audrey Wilf Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The provided data consistently reports 'c0%' for compensation, indicating no direct executive compensation, which is a positive sign for resource allocation but warrants deeper investigation into any indirect benefits or related party transactions.
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 Zygmunt And Audrey Wilf Foundation's IRS 990 filings:
- Lack of detailed program descriptions in the provided data makes it challenging to fully assess the impact and effectiveness of their charitable activities.
- Consistent 'l1' for Schedule B filers suggests a very narrow funding base, potentially increasing vulnerability to changes in a single donor's capacity or priorities.
Strengths
The following positive indicators were identified for Zygmunt And Audrey Wilf Foundation:
- The foundation demonstrates consistent asset growth, from $18,788,404 in 2019 to $31,893,366 in 2023, indicating strong financial management.
- Despite fluctuations in revenue, the foundation has consistently maintained substantial assets, suggesting long-term financial stability.
- The consistent reporting of 0% compensation for key personnel is a significant strength, indicating that resources are likely directed towards the mission.
Frequently Asked Questions about Zygmunt And Audrey Wilf Foundation
What does Zygmunt And Audrey Wilf Foundation do?
Zygmunt And Audrey Wilf Foundation is a nonprofit organization in the Unknown sector, located in Short Hills, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Zygmunt And Audrey Wilf Foundation have?
Zygmunt And Audrey Wilf Foundation reported total revenue of $7,878,587. Based on 10 IRS 990 filings on record.
What are Zygmunt And Audrey Wilf Foundation's total assets?
Zygmunt And Audrey Wilf Foundation holds total assets of $37,206,120 as reported in IRS 990 filings.
Where is Zygmunt And Audrey Wilf Foundation located?
Zygmunt And Audrey Wilf Foundation is based in Short Hills, New Jersey.
What is Zygmunt And Audrey Wilf Foundation's EIN?
Zygmunt And Audrey Wilf Foundation's Employer Identification Number (EIN) is 222747584. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Zygmunt And Audrey Wilf Foundation?
Zygmunt And Audrey Wilf Foundation is classified under NTEE code Unknown (Unknown).
Is Zygmunt And Audrey Wilf Foundation a registered 501(c)(3)?
Zygmunt And Audrey Wilf Foundation appears in IRS records (EIN: 222747584). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Zygmunt And Audrey Wilf Foundation file IRS Form 990?
Yes, Zygmunt And Audrey Wilf Foundation has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Zygmunt And Audrey Wilf Foundation's revenue in 2023?
In the 202312 filing period, Zygmunt And Audrey Wilf Foundation reported total revenue of $-168,314, total expenses of $2,621,150, and net assets of $31,893,366.
Is Zygmunt And Audrey Wilf Foundation's revenue growing or declining?
Zygmunt And Audrey Wilf Foundation's revenue is declining. Revenue went from $9,271,306 (202212) to $-168,314 (202312), a -101.8% change. Based on 10 filings on record.
What is Zygmunt And Audrey Wilf Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Zygmunt And Audrey Wilf Foundation covers tax period 202312. It shows revenue of $-168,314, expenses of $2,621,150, total assets of $31,893,366, and liabilities of $1.
How much does Zygmunt And Audrey Wilf Foundation spend on programs vs administration?
Based on IRS 990 analysis, Zygmunt And Audrey Wilf Foundation allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Zygmunt And Audrey Wilf Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Zygmunt And Audrey Wilf Foundation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Zygmunt And Audrey Wilf Foundation?
The following concerns were identified: Lack of detailed program descriptions in the provided data makes it challenging to fully assess the impact and effectiveness of their charitable activities.. Consistent 'l1' for Schedule B filers suggests a very narrow funding base, potentially increasing vulnerability to changes in a single donor's capacity or priorities.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Zygmunt And Audrey Wilf Foundation's strengths?
Positive indicators for Zygmunt And Audrey Wilf Foundation include: The foundation demonstrates consistent asset growth, from $18,788,404 in 2019 to $31,893,366 in 2023, indicating strong financial management.. Despite fluctuations in revenue, the foundation has consistently maintained substantial assets, suggesting long-term financial stability.. The consistent reporting of 0% compensation for key personnel is a significant strength, indicating that resources are likely directed towards the mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Zygmunt And Audrey Wilf Foundation compensate executives?
The provided data consistently reports 'c0%' for compensation, indicating no direct executive compensation, which is a positive sign for resource allocation but warrants deeper investigation into any indirect benefits or related party transactions. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 'l1' for Schedule B filers, what strategies does the foundation employ to ensure long-term sustainability and mitigate risks associated with a potentially singular funding source?
While the data suggests a single contributor, a comprehensive strategy would typically involve cultivating relationships with other high-net-worth individuals or exploring endowment growth to diversify funding and ensure resilience against changes in the primary donor's capacity.
With 'c0%' reported for compensation, how does the foundation ensure robust governance and operational oversight without direct compensation for its leadership?
This structure often relies on pro-bono contributions from dedicated board members or volunteers. Effective governance in such a model would necessitate clear roles, regular meetings, and independent oversight to prevent conflicts of interest and ensure accountability, potentially through an external audit committee.
Filing History
IRS 990 filing history for Zygmunt And Audrey Wilf Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Zygmunt And Audrey Wilf Foundation's revenue has declined by 133.9%, moving from $496K to $-168,314. Total assets increased by 136.9% over the same period, from $13.5M to $31.9M. Total functional expenses rose by 308.1%, from $642K to $2.6M. The organization holds $1 in liabilities against $31.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $31.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $-168,314 | $2.6M | $31.9M | $1 | — | View 990 |
| 2022 | $9.3M | $3.1M | $28.6M | $1 | — | View 990 |
| 2021 | $1.9M | $3.0M | $25.8M | $1 | — | View 990 |
| 2020 | $10.3M | $2.3M | $26.8M | $1 | — | View 990 |
| 2019 | $-471,830 | $1.8M | $18.8M | $1 | — | View 990 |
| 2015 | $1.0M | $1.3M | $16.5M | $1 | — | View 990 |
| 2014 | $2.3M | $1.2M | $16.8M | $1 | — | View 990 |
| 2013 | $2.3M | $817K | $15.7M | $5K | — | View 990 |
| 2012 | $1.6M | $805K | $14.3M | $5K | — | View 990 |
| 2011 | $496K | $642K | $13.5M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-168,314, expenses of $2.6M, and assets of $31.9M (revenue -101.8% year-over-year).
- 2022: Revenue of $9.3M, expenses of $3.1M, and assets of $28.6M (revenue +382.0% year-over-year).
- 2021: Revenue of $1.9M, expenses of $3.0M, and assets of $25.8M (revenue -81.4% year-over-year).
- 2020: Revenue of $10.3M, expenses of $2.3M, and assets of $26.8M.
- 2019: Revenue of $-471,830, expenses of $1.8M, and assets of $18.8M (revenue -145.4% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.3M, and assets of $16.5M (revenue -55.0% year-over-year).
- 2014: Revenue of $2.3M, expenses of $1.2M, and assets of $16.8M (revenue +2.7% year-over-year).
- 2013: Revenue of $2.3M, expenses of $817K, and assets of $15.7M (revenue +40.0% year-over-year).
- 2012: Revenue of $1.6M, expenses of $805K, and assets of $14.3M (revenue +224.2% year-over-year).
- 2011: Revenue of $496K, expenses of $642K, and assets of $13.5M.
Data Sources and Methodology
This transparency report for Zygmunt And Audrey Wilf 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.