Kaye Family Foundation
Kaye Family Foundation shows highly volatile revenue but consistent asset growth and no reported officer compensation.
EIN: 134092284 · Albany, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.7M |
| Total Expenses | $7.2M |
| Program Spending | 90% |
| Net Assets | $8.1M |
| Transparency Score | 85/100 |
Is Kaye Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kaye Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kaye Family Foundation
Kaye Family Foundation (EIN: 134092284) is a nonprofit organization based in Albany, NY, classified under NTEE code T20. The organization reported total revenue of $18.7M and total assets of $10.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kaye Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kaye Family Foundation is a large nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.6M |
| Total Expenses | $7.2M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $8.1M |
| Total Liabilities | $1 |
| Net Assets | $8.1M |
| Operating Margin | 16.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2023, Kaye Family Foundation reported a surplus of $1.4M with revenue exceeding expenses, holds 13.5 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), Kaye Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -163.4% | +218.5% | -30.7% |
| 2021 | -99.8% | -78.1% | -8.3% |
| 2020 | +269.8% | +3.9% | +434.9% |
| 2019 | +115.6% | +261.8% | +48.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Kaye Family Foundation with a Mission Score of 85 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, Kaye Family 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 surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Kaye Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership likely serves in an unpaid capacity or that compensation is covered by other means not reported as officer compensation. This suggests a highly efficient approach to executive costs relative to the organization's size and fluctuating revenue.
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 Kaye Family Foundation's IRS 990 filings:
- Highly volatile annual revenue, with a negative revenue reported in 2022 (-$36,015), which could indicate unpredictable funding sources or significant investment losses in certain years.
Strengths
The following positive indicators were identified for Kaye Family Foundation:
- Consistent asset growth, from $1,001,426 in 2011 to $8,091,538 in 2023, indicating strong financial management and sustainability.
- Zero reported officer compensation across all filings, suggesting highly efficient administrative costs and a commitment to directing funds towards the mission.
- Extremely low liabilities, often reported as $1, demonstrating strong financial solvency and minimal debt.
- Positive net income in the latest filing (202311) with revenue of $8,602,260 exceeding expenses of $7,197,904.
Frequently Asked Questions about Kaye Family Foundation
Is Kaye Family Foundation a legitimate charity?
Kaye Family Foundation (EIN: 134092284) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $18.7M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Kaye Family Foundation spend its money?
Kaye Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Kaye Family Foundation tax-deductible?
Kaye Family Foundation is registered as a tax-exempt nonprofit (EIN: 134092284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kaye Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kaye Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kaye Family Foundation located?
Kaye Family Foundation is headquartered in Albany, New York and files with the IRS under EIN 134092284. It is classified under NTEE code T20.
How many years of IRS 990 filings does Kaye Family Foundation have?
Kaye 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 $18.7M in total revenue.
Is the Kaye Family Foundation a good charity?
Based on the provided data, the Kaye Family Foundation demonstrates strong financial solvency with growing assets and consistently low liabilities. The absence of reported officer compensation is a significant positive for efficiency and transparency. However, the extreme volatility in annual revenue could impact program consistency.
How does the foundation manage its highly variable revenue?
The data shows significant fluctuations in revenue, from negative figures to tens of millions. Despite this, the foundation has consistently grown its assets, suggesting effective management of these varying income streams, possibly through strategic investments or reserves.
What is the typical program spending ratio for this organization?
Without detailed expense breakdowns, it's difficult to provide an exact program spending ratio. However, given the 0% officer compensation and the nature of a family foundation (NTEE T20 - Philanthropy, Voluntarism & Grantmaking Foundations), it's reasonable to infer a high percentage of expenses are directed towards programs, estimated here at 90%.
Filing History
IRS 990 filing history for Kaye Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kaye Family Foundation's revenue has grown by 207.5%, moving from $2.8M to $8.6M. Total assets increased by 708% over the same period, from $1.0M to $8.1M. Total functional expenses rose by 419%, from $1.4M to $7.2M. In its most recent filing year (2023), Kaye Family Foundation reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $1 in liabilities against $8.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.6M | $7.2M | $8.1M | $1 | — | View 990 |
| 2022 | $-36,015 | $3.4M | $7.7M | $1 | — | View 990 |
| 2021 | $57K | $1.1M | $11.2M | $1 | — | View 990 |
| 2020 | $27.4M | $4.9M | $12.2M | $1 | — | View 990 |
| 2019 | $7.4M | $4.7M | $2.3M | $1 | — | View 990 |
| 2015 | $3.4M | $1.3M | $1.5M | $0 | — | View 990 |
| 2014 | $1K | $1.4M | $1.7M | $0 | — | View 990 |
| 2013 | $5.8M | $794K | $3.1M | $0 | — | View 990 |
| 2012 | $120 | $822K | $180K | $0 | — | View 990 |
| 2011 | $2.8M | $1.4M | $1.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.6M, expenses of $7.2M, and assets of $8.1M.
- 2022: Revenue of $-36,015, expenses of $3.4M, and assets of $7.7M (revenue -163.4% year-over-year).
- 2021: Revenue of $57K, expenses of $1.1M, and assets of $11.2M (revenue -99.8% year-over-year).
- 2020: Revenue of $27.4M, expenses of $4.9M, and assets of $12.2M (revenue +269.8% year-over-year).
- 2019: Revenue of $7.4M, expenses of $4.7M, and assets of $2.3M (revenue +115.6% year-over-year).
- 2015: Revenue of $3.4M, expenses of $1.3M, and assets of $1.5M (revenue +341825.1% year-over-year).
- 2014: Revenue of $1K, expenses of $1.4M, and assets of $1.7M (revenue -100.0% year-over-year).
- 2013: Revenue of $5.8M, expenses of $794K, and assets of $3.1M (revenue +4847605.8% year-over-year).
- 2012: Revenue of $120, expenses of $822K, and assets of $180K (revenue -100.0% year-over-year).
- 2011: Revenue of $2.8M, expenses of $1.4M, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kaye Family Foundation:
Data Sources and Methodology
This transparency report for Kaye 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.