Kallir Family Foundation

Kallir Family Foundation shows substantial asset growth and high spending efficiency with no reported executive compensation.

EIN: 204144184 · New York, NY · NTEE: A51 · Updated: 2026-03-28

$62.7MRevenue
$51.1MAssets
95/100Mission Score (Excellent)
A51
Kallir Family Foundation Financial Summary
MetricValue
Total Revenue$62.7M
Total Expenses$6K
Program Spending98%
CEO/Top Officer Pay$51M
Net Assets$5.8M
Transparency Score95/100

Is Kallir Family Foundation Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Kallir Family Foundation directs 98% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Kallir Family Foundation

Kallir Family Foundation (EIN: 204144184) is a nonprofit organization based in New York, NY, classified under NTEE code A51. The organization reported total revenue of $62.7M and total assets of $51.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kallir Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
MajorSize Classification
10Years of Filings
MixedRevenue Trajectory

Kallir Family Foundation is a major nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 61.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$25K
Total Expenses$6K
Surplus / Deficit+$19K
Total Assets$5.8M
Total Liabilities$1
Net Assets$5.8M
Operating Margin75.6%
Debt-to-Asset Ratio0.0%
Months of Reserves11523.9 months

Financial Health Grade: A

In 2023, Kallir Family Foundation reported a surplus of $19K with revenue exceeding expenses, holds 11523.9 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), Kallir Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 61.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-86.8%+383.7%+0.3%
2022+18999900.0%-85.3%+3.3%
2021+0.0%-15.2%-0.2%
2020-100.0%-16.7%-0.2%
2019+3252.3%+25.3%+86.4%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Kallir Family Foundation appears to be a private foundation primarily focused on grantmaking, as indicated by its NTEE code A51. Its financial health, based on the provided data, shows significant fluctuations in revenue, with a notable spike to $62,731,550 in the latest period, contrasting sharply with previous years where revenue was often minimal or in the low hundreds of thousands. Assets have also grown substantially over time, from $2.5 million in 2011 to over $51 million currently, suggesting effective asset management or significant new contributions. Expenses have generally remained low, often in the tens of thousands, which is typical for a foundation that primarily makes grants rather than directly operating programs. The consistent reporting of zero officer compensation across all filings indicates a volunteer-led or very lean administrative structure, contributing to high spending efficiency. The foundation's spending efficiency is exceptionally high, given the low reported expenses relative to its asset base and, in the latest period, its revenue. With no officer compensation reported, administrative costs are likely minimal, allowing a very high percentage of its resources to be directed towards its programmatic mission through grants. The consistent reporting of minimal liabilities ($0 or $1) also points to sound financial management and a lack of significant debt. Transparency appears to be good, with 10 filings available, indicating regular compliance with IRS reporting requirements. Overall, the Kallir Family Foundation demonstrates strong financial health with substantial assets and a highly efficient operational model, characterized by very low administrative overhead and no reported executive compensation. The significant increase in revenue and assets in the latest period suggests a major financial event or contribution, which has further bolstered its capacity for philanthropic activity. Its consistent low expenses relative to its financial capacity indicate a strong focus on deploying resources effectively.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kallir Family 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: 2%
  • programs: 98%
  • fundraising: 0%

According to IRS 990 filings, Kallir Family Foundation allocates its expenses as follows: admin: 2%, programs: 98%, fundraising: 0%. With 98% 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:

$25KTotal Revenue
$6KTotal Expenses
$5.8MTotal Assets
$1Total Liabilities
$5.8MNet Assets
  • The organization reported a surplus of $19K, 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 officers are not compensated, which is highly unusual for an organization of its asset size ($51M+). This significantly contributes to its high spending efficiency.

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 Kallir Family Foundation:

  • Exceptional spending efficiency with very low expenses relative to assets and revenue.
  • No reported officer compensation, indicating a volunteer-led or highly cost-conscious leadership.
  • Significant asset growth from $2.5M in 2011 to over $51M currently, demonstrating strong financial stewardship.
  • Consistent low liabilities ($0 or $1) across all filings, indicating sound financial management.
  • Regular IRS 990 filings (10 filings) demonstrating good transparency and compliance.

Frequently Asked Questions about Kallir Family Foundation

Is Kallir Family Foundation a legitimate charity?

Kallir Family Foundation (EIN: 204144184) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $62.7M. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Kallir Family Foundation spend its money?

Kallir Family Foundation directs 98% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Kallir Family Foundation tax-deductible?

Kallir Family Foundation is registered as a tax-exempt nonprofit (EIN: 204144184). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Kallir Family Foundation CEO make?

Kallir Family Foundation's highest-compensated officer earns $51M annually. The organization reported $62.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Kallir Family Foundation compare to similar nonprofits?

With a transparency score of 95/100 (Excellent), Kallir Family Foundation is above average for NTEE category A51 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Kallir Family Foundation located?

Kallir Family Foundation is headquartered in New York, New York and files with the IRS under EIN 204144184. It is classified under NTEE code A51.

How many years of IRS 990 filings does Kallir Family Foundation have?

Kallir Family 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 $62.7M in total revenue.

Is Kallir Family Foundation a good charity?

Based on the provided financial data, the Kallir Family Foundation appears to be a very good charity in terms of financial health and efficiency. It has substantial assets, very low administrative expenses, and no reported executive compensation, meaning nearly all resources are available for its mission.

How does the foundation manage its expenses?

The foundation manages its expenses very efficiently, with reported annual expenses often in the range of $4,000 to $17,000, even with assets growing to over $51 million. This suggests a lean operational model, likely focused on grantmaking with minimal overhead.

What caused the large revenue spike in the latest period?

The provided data shows a significant revenue spike to $62,731,550 in the latest period, a dramatic increase from previous years where revenue was typically under $200,000. This could be due to a large donation, investment gains, or a significant asset transfer, though the specific cause is not detailed in the provided data.

Filing History

IRS 990 filing history for Kallir Family Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Kallir Family Foundation's revenue has grown by 31951.3%, moving from $78 to $25K. Total assets increased by 128.1% over the same period, from $2.6M to $5.8M. Total functional expenses fell by 64.3%, from $17K to $6K. In its most recent filing year (2023), Kallir Family Foundation reported a surplus of $19K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.8M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $25K $6K $5.8M $1
2022 $190K $1K $5.8M $1 View 990
2021 $1 $9K $5.6M $1 View 990
2020 $1 $10K $5.6M $1 View 990
2019 $203K $12K $5.7M $1
2015 $6K $10K $3.0M $0 View 990
2014 $152K $8K $3.0M $0 View 990
2013 $151K $14K $2.9M $0 View 990
2012 $205K $4K $2.8M $1 View 990
2011 $78 $17K $2.6M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $25K, expenses of $6K, and assets of $5.8M (revenue -86.8% year-over-year).
  • 2022: Revenue of $190K, expenses of $1K, and assets of $5.8M (revenue +18999900.0% year-over-year).
  • 2021: Revenue of $1, expenses of $9K, and assets of $5.6M (revenue +0.0% year-over-year).
  • 2020: Revenue of $1, expenses of $10K, and assets of $5.6M (revenue -100.0% year-over-year).
  • 2019: Revenue of $203K, expenses of $12K, and assets of $5.7M (revenue +3252.3% year-over-year).
  • 2015: Revenue of $6K, expenses of $10K, and assets of $3.0M (revenue -96.0% year-over-year).
  • 2014: Revenue of $152K, expenses of $8K, and assets of $3.0M (revenue +0.7% year-over-year).
  • 2013: Revenue of $151K, expenses of $14K, and assets of $2.9M (revenue -26.2% year-over-year).
  • 2012: Revenue of $205K, expenses of $4K, and assets of $2.8M (revenue +262969.2% year-over-year).
  • 2011: Revenue of $78, expenses of $17K, and assets of $2.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Kallir Family Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Kallir 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.

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