Fanny And Svante Knistrom Foundation
Fanny And Svante Knistrom Foundation: Strong Asset Base, Inconsistent Revenue
EIN: 222011417 · Chatham, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $564K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $6.3M |
| Transparency Score | 75/100 |
Is Fanny And Svante Knistrom Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fanny And Svante Knistrom Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Fanny And Svante Knistrom Foundation
Fanny And Svante Knistrom Foundation (EIN: 222011417) is a nonprofit organization based in Chatham, NJ. The organization reported total revenue of $2.4M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fanny And Svante Knistrom Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fanny And Svante Knistrom Foundation is a mid-size nonprofit that has been operating for 53 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 38.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $581K |
| Total Expenses | $564K |
| Surplus / Deficit | +$18K |
| Total Assets | $6.3M |
| Total Liabilities | $1 |
| Net Assets | $6.3M |
| Operating Margin | 3.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 135.2 months |
Financial Health Grade: A
In 2024, Fanny And Svante Knistrom Foundation reported a surplus of $18K with revenue exceeding expenses, holds 135.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Fanny And Svante Knistrom Foundation's revenue has grown at a compound annual growth rate (CAGR) of 38.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +117.8% | -9.9% | +0.3% |
| 2023 | -60.5% | -22.6% | -5.4% |
| 2022 | -12.3% | +62.6% | -2.0% |
| 2021 | +217.9% | -8.5% | +4.2% |
| 2020 | +7.9% | +22.6% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1973 |
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 Fanny And Svante Knistrom 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: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, Fanny And Svante Knistrom Foundation allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $18K, 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 no direct compensation to officers, directors, trustees, or key employees.
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 Fanny And Svante Knistrom Foundation's IRS 990 filings:
- Revenue has been highly volatile, ranging from $242,088 in 2020 to $2,404,136 in 2024, which could impact long-term planning.
- The 'nt' (nonprofit type) is unknown, which limits understanding of its specific mission and operational context.
Strengths
The following positive indicators were identified for Fanny And Svante Knistrom Foundation:
- The foundation maintains a substantial asset base, consistently above $6 million, providing financial stability.
- A consistent report of $0 for executive compensation is a positive indicator of resource allocation towards the mission.
- The foundation has shown a significant increase in revenue in the latest filing (2024: $2,404,136) compared to previous years.
Frequently Asked Questions about Fanny And Svante Knistrom Foundation
Is Fanny And Svante Knistrom Foundation a legitimate charity?
Fanny And Svante Knistrom Foundation (EIN: 222011417) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 11 years of IRS 990 filings on record. Total revenue: $2.4M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Fanny And Svante Knistrom Foundation spend its money?
Fanny And Svante Knistrom Foundation directs 70% of its spending to programs and services. Fundraising costs 15%. This meets the 65% industry benchmark.
Are donations to Fanny And Svante Knistrom Foundation tax-deductible?
Fanny And Svante Knistrom Foundation is registered as a tax-exempt nonprofit (EIN: 222011417). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Fanny And Svante Knistrom Foundation CEO make?
Fanny And Svante Knistrom Foundation's highest-compensated officer earns $0 annually. The organization reported $2.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Fanny And Svante Knistrom Foundation's spending goes to programs?
Fanny And Svante Knistrom Foundation directs 70% to programs, 15% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Fanny And Svante Knistrom Foundation located?
Fanny And Svante Knistrom Foundation is headquartered in Chatham, New Jersey and files with the IRS under EIN 222011417.
How many years of IRS 990 filings does Fanny And Svante Knistrom Foundation have?
Fanny And Svante Knistrom Foundation has 11 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 $2.4M in total revenue.
What does Fanny And Svante Knistrom Foundation do?
Fanny And Svante Knistrom Foundation is a nonprofit organization in the Unknown sector, located in Chatham, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Fanny And Svante Knistrom Foundation have?
Fanny And Svante Knistrom Foundation reported total revenue of $2,404,136. Based on 11 IRS 990 filings on record.
What are Fanny And Svante Knistrom Foundation's total assets?
Fanny And Svante Knistrom Foundation holds total assets of $6,027,137 as reported in IRS 990 filings.
Where is Fanny And Svante Knistrom Foundation located?
Fanny And Svante Knistrom Foundation is based in Chatham, New Jersey.
What is Fanny And Svante Knistrom Foundation's EIN?
Fanny And Svante Knistrom Foundation's Employer Identification Number (EIN) is 222011417. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Fanny And Svante Knistrom Foundation?
Fanny And Svante Knistrom Foundation is classified under NTEE code Unknown (Unknown).
Is Fanny And Svante Knistrom Foundation a registered 501(c)(3)?
Fanny And Svante Knistrom Foundation appears in IRS records (EIN: 222011417). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Fanny And Svante Knistrom Foundation file IRS Form 990?
Yes, Fanny And Svante Knistrom Foundation has 11 IRS Form 990 filings on record. The most recent covers tax period 202405.
What was Fanny And Svante Knistrom Foundation's revenue in 2024?
In the 202405 filing period, Fanny And Svante Knistrom Foundation reported total revenue of $581,301, total expenses of $563,517, and net assets of $6,348,768.
Is Fanny And Svante Knistrom Foundation's revenue growing or declining?
Fanny And Svante Knistrom Foundation's revenue is growing. Revenue went from $266,845 (202305) to $581,301 (202405), a +117.8% change. Based on 11 filings on record.
What is Fanny And Svante Knistrom Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Fanny And Svante Knistrom Foundation covers tax period 202405. It shows revenue of $581,301, expenses of $563,517, total assets of $6,348,768, and liabilities of $1.
How much does Fanny And Svante Knistrom Foundation spend on programs vs administration?
Based on IRS 990 analysis, Fanny And Svante Knistrom Foundation allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is Fanny And Svante Knistrom Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Fanny And Svante Knistrom Foundation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Fanny And Svante Knistrom Foundation?
The following concerns were identified: Revenue has been highly volatile, ranging from $242,088 in 2020 to $2,404,136 in 2024, which could impact long-term planning.. The 'nt' (nonprofit type) is unknown, which limits understanding of its specific mission and operational context.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Fanny And Svante Knistrom Foundation's strengths?
Positive indicators for Fanny And Svante Knistrom Foundation include: The foundation maintains a substantial asset base, consistently above $6 million, providing financial stability.. A consistent report of $0 for executive compensation is a positive indicator of resource allocation towards the mission.. The foundation has shown a significant increase in revenue in the latest filing (2024: $2,404,136) compared to previous years.. These findings are derived from AI analysis of the organization's financial filings.
How does Fanny And Svante Knistrom Foundation compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating no direct compensation to officers, directors, trustees, or key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 executive compensation, how are the operational and administrative functions managed and funded?
Without executive compensation, it suggests that administrative tasks are likely handled by volunteers, board members without pay, or through contracted services not classified as executive compensation. Further investigation into administrative expenses (part of 'x' in filings) would be needed to understand this.
What caused the significant revenue spike in 2024 to $2,404,136 from previous years' averages of under $1 million?
The provided data does not specify the source of revenue. This substantial increase could be due to a large one-time donation, investment gains, or a change in funding strategy. This would require reviewing the full IRS Form 990 for details on contributions and investment income.
Filing History
IRS 990 filing history for Fanny And Svante Knistrom Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Fanny And Svante Knistrom Foundation's revenue has grown by 6657%, moving from $9K to $581K. Total assets decreased by 19.6% over the same period, from $7.9M to $6.3M. Total functional expenses rose by 19%, from $473K to $564K. In its most recent filing year (2024), Fanny And Svante Knistrom Foundation reported a surplus of $18K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $581K | $564K | $6.3M | $1 | — | — |
| 2023 | $267K | $626K | $6.3M | $1 | — | View 990 |
| 2022 | $675K | $808K | $6.7M | $1 | — | View 990 |
| 2021 | $770K | $497K | $6.8M | $1 | — | View 990 |
| 2020 | $242K | $543K | $6.6M | $1 | — | — |
| 2016 | $224K | $443K | $7.0M | $1 | — | View 990 |
| 2015 | $336K | $551K | $7.2M | $1 | — | View 990 |
| 2014 | $457K | $554K | $7.4M | $0 | — | View 990 |
| 2013 | $308K | $461K | $7.5M | $0 | — | View 990 |
| 2012 | $172K | $425K | $7.6M | $0 | — | View 990 |
| 2011 | $9K | $473K | $7.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $581K, expenses of $564K, and assets of $6.3M (revenue +117.8% year-over-year).
- 2023: Revenue of $267K, expenses of $626K, and assets of $6.3M (revenue -60.5% year-over-year).
- 2022: Revenue of $675K, expenses of $808K, and assets of $6.7M (revenue -12.3% year-over-year).
- 2021: Revenue of $770K, expenses of $497K, and assets of $6.8M (revenue +217.9% year-over-year).
- 2020: Revenue of $242K, expenses of $543K, and assets of $6.6M (revenue +7.9% year-over-year).
- 2016: Revenue of $224K, expenses of $443K, and assets of $7.0M (revenue -33.3% year-over-year).
- 2015: Revenue of $336K, expenses of $551K, and assets of $7.2M (revenue -26.5% year-over-year).
- 2014: Revenue of $457K, expenses of $554K, and assets of $7.4M (revenue +48.6% year-over-year).
- 2013: Revenue of $308K, expenses of $461K, and assets of $7.5M (revenue +78.7% year-over-year).
- 2012: Revenue of $172K, expenses of $425K, and assets of $7.6M (revenue +1902.2% year-over-year).
- 2011: Revenue of $9K, expenses of $473K, and assets of $7.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fanny And Svante Knistrom Foundation:
Data Sources and Methodology
This transparency report for Fanny And Svante Knistrom 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.