Altman Kazickas Foundation
Altman Kazickas Foundation shows consistent asset growth and no reported officer compensation over a decade.
EIN: 133944577 · New York, NY · NTEE: T20J · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.2M |
| Total Expenses | $4.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $5.9M |
| Transparency Score | 92/100 |
Is Altman Kazickas Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Altman Kazickas Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Altman Kazickas Foundation
Altman Kazickas Foundation (EIN: 133944577) is a nonprofit organization based in New York, NY, classified under NTEE code T20J. The organization reported total revenue of $14.2M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Altman Kazickas Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Altman Kazickas Foundation is a large nonprofit that has been operating for 29 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $4.4M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $5.9M |
| Total Liabilities | $1 |
| Net Assets | $5.9M |
| Operating Margin | 21.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 16.2 months |
Financial Health Grade: A
In 2023, Altman Kazickas Foundation reported a surplus of $1.2M with revenue exceeding expenses, holds 16.2 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), Altman Kazickas Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.8% | -51.3% | +25.6% |
| 2022 | +28.8% | +77.1% | -25.4% |
| 2021 | +101.8% | +57.6% | +11.2% |
| 2020 | +33.2% | +19.1% | +1229.1% |
| 2016 | -6.4% | +29.6% | -55.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Altman Kazickas Foundation with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Altman Kazickas Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization of its size with recent revenues exceeding $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 Altman Kazickas Foundation's IRS 990 filings:
- Significant expense exceeding revenue in 202204 ($8,941,227 expenses vs. $7,476,425 revenue), though offset by other periods.
Strengths
The following positive indicators were identified for Altman Kazickas Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus.
- Significant growth in assets over the past decade, from $1,961,522 in 201104 to $5,873,937 in 202304.
- Extremely low reported liabilities ($1 or $0 across all filings), indicating strong financial health and low risk.
- Positive revenue-to-expense ratio in the most recent filing (202304), showing a surplus.
- Long history of consistent IRS 990 filings (10 filings), demonstrating transparency and compliance.
Frequently Asked Questions about Altman Kazickas Foundation
Is Altman Kazickas Foundation a legitimate charity?
Altman Kazickas Foundation (EIN: 133944577) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $14.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Altman Kazickas Foundation spend its money?
Altman Kazickas Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Altman Kazickas Foundation tax-deductible?
Altman Kazickas Foundation is registered as a tax-exempt nonprofit (EIN: 133944577). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Altman Kazickas Foundation CEO make?
Altman Kazickas Foundation's highest-compensated officer earns $5 annually. The organization reported $14.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Altman Kazickas Foundation's spending goes to programs?
Altman Kazickas Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Altman Kazickas Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Altman Kazickas Foundation is above average for NTEE category T20J nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Altman Kazickas Foundation located?
Altman Kazickas Foundation is headquartered in New York, New York and files with the IRS under EIN 133944577. It is classified under NTEE code T20J.
How many years of IRS 990 filings does Altman Kazickas Foundation have?
Altman Kazickas 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 $14.2M in total revenue.
Is the Altman Kazickas Foundation financially stable?
Yes, the foundation appears financially stable. Despite some fluctuations, recent filings show a positive revenue-to-expense ratio in 202304 ($5,550,545 revenue vs. $4,353,487 expenses) and consistent growth in assets from $1,961,522 in 201104 to $5,873,937 in 202304.
How does the foundation manage executive compensation?
The foundation reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is a strong indicator of a focus on mission-related spending.
What is the trend in the foundation's assets?
The foundation has shown significant asset growth over the past decade, increasing from $1,961,522 in 201104 to $5,873,937 in 202304, demonstrating strong financial stewardship.
Does the foundation have high liabilities?
No, the foundation consistently reports extremely low liabilities, typically $1 or $0, across all filings, indicating a very low debt burden and sound financial management.
Is the foundation transparent about its finances?
Yes, the consistent reporting of 0% officer compensation and detailed financial figures in its 990 filings suggests a high degree of transparency regarding its financial operations.
Filing History
IRS 990 filing history for Altman Kazickas Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Altman Kazickas Foundation's revenue has grown by 67.1%, moving from $3.3M to $5.6M. Total assets increased by 199.5% over the same period, from $2.0M to $5.9M. Total functional expenses rose by 77.6%, from $2.5M to $4.4M. In its most recent filing year (2023), Altman Kazickas Foundation reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.6M | $4.4M | $5.9M | $1 | — | View 990 |
| 2022 | $7.5M | $8.9M | $4.7M | $1 | — | View 990 |
| 2021 | $5.8M | $5.0M | $6.3M | $1 | — | View 990 |
| 2020 | $2.9M | $3.2M | $5.6M | $1 | — | — |
| 2016 | $2.2M | $2.7M | $424K | $1 | — | View 990 |
| 2015 | $2.3M | $2.1M | $955K | $1 | — | View 990 |
| 2014 | $3.2M | $2.9M | $724K | $1 | — | View 990 |
| 2013 | $1.6M | $1.8M | $485K | $1 | — | View 990 |
| 2012 | $1.4M | $2.7M | $720K | $1 | — | View 990 |
| 2011 | $3.3M | $2.5M | $2.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.6M, expenses of $4.4M, and assets of $5.9M (revenue -25.8% year-over-year).
- 2022: Revenue of $7.5M, expenses of $8.9M, and assets of $4.7M (revenue +28.8% year-over-year).
- 2021: Revenue of $5.8M, expenses of $5.0M, and assets of $6.3M (revenue +101.8% year-over-year).
- 2020: Revenue of $2.9M, expenses of $3.2M, and assets of $5.6M (revenue +33.2% year-over-year).
- 2016: Revenue of $2.2M, expenses of $2.7M, and assets of $424K (revenue -6.4% year-over-year).
- 2015: Revenue of $2.3M, expenses of $2.1M, and assets of $955K (revenue -27.6% year-over-year).
- 2014: Revenue of $3.2M, expenses of $2.9M, and assets of $724K (revenue +102.0% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.8M, and assets of $485K (revenue +8.9% year-over-year).
- 2012: Revenue of $1.4M, expenses of $2.7M, and assets of $720K (revenue -56.4% year-over-year).
- 2011: Revenue of $3.3M, expenses of $2.5M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Altman Kazickas Foundation:
Data Sources and Methodology
This transparency report for Altman Kazickas 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.