Knott Family Foundation

Knott Family Foundation maintains strong asset base with zero reported officer compensation amidst fluctuating revenues.

EIN: 200495479 · Syosset, NY · NTEE: T30 · Updated: 2026-03-28

$2.1MRevenue

$5.1MAssets

85/100Mission Score (Excellent)

T30

About Knott Family Foundation

Knott Family Foundation (EIN: 200495479) is a nonprofit organization based in Syosset, NY, classified under NTEE code T30. The organization reported total revenue of $2.1M and total assets of $5.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knott Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Knott Family Foundation demonstrates a generally healthy financial position, with assets consistently exceeding liabilities across its filing history. Revenue has fluctuated significantly year-to-year, from a low of $26,036 in 2020 to a high of $3,140,859 in 2021, indicating reliance on variable funding sources, likely investment returns or large donations. Despite these fluctuations, the organization has maintained positive net assets, growing from $1,857,575 in 2011 to $3,609,796 in 2023.

The foundation appears to be highly efficient in its spending, as indicated by the consistent reporting of 0% officer compensation, suggesting that administrative costs are kept very low, or that officers are unpaid volunteers. This allows a greater proportion of its expenses to be directed towards its programmatic goals. The lack of detailed expense breakdowns in the provided data makes a precise program spending ratio difficult to calculate, but the absence of officer compensation is a strong positive indicator for efficiency.

Transparency is good given the consistent filing of IRS Form 990s over a decade. The consistent reporting of zero officer compensation across all available filings is a notable strength, indicating a commitment to directing resources to its mission rather than executive salaries. However, without a detailed breakdown of expenses beyond officer compensation, it's challenging to fully assess the allocation between program, administrative, and fundraising costs.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Knott 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, Knott 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that officers are either unpaid volunteers or that compensation is covered by other means not reported as officer compensation. This is highly favorable, suggesting a strong commitment to minimizing overhead and maximizing resources for the foundation's mission.

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 Knott Family Foundation's IRS 990 filings:

Highly volatile annual revenue, making financial planning potentially challenging.

Strengths

The following positive indicators were identified for Knott Family Foundation:

Consistent reporting of 0% officer compensation, indicating high operational efficiency.
Healthy and growing asset base, from $1,857,575 in 2011 to $3,609,796 in 2023.
Consistent IRS 990 filing history over a decade, demonstrating transparency.

Frequently Asked Questions about Knott Family Foundation

Is the Knott Family Foundation a good charity?

Based on the available data, the Knott Family Foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating high efficiency, and maintains a healthy asset base. Its consistent IRS 990 filings also demonstrate transparency.

How stable is the Knott Family Foundation's revenue?

The foundation's revenue has been highly volatile, ranging from $26,036 in 2020 to $3,140,859 in 2021. While assets have grown, this fluctuation suggests reliance on unpredictable funding sources, which could impact long-term planning.

What is the Knott Family Foundation's approach to executive compensation?

The Knott Family Foundation consistently reports 0% officer compensation across all available filings, indicating a strong commitment to directing funds towards its mission rather than executive salaries.

Filing History

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

Over 10 years of IRS 990 filings (2011–2023), Knott Family Foundation's revenue has declined by 12.4%, moving from $1.2M to $1.0M. Total assets increased by 94.3% over the same period, from $1.9M to $3.6M. Total functional expenses rose by 37.6%, from $587K to $808K. In its most recent filing year (2023), Knott Family Foundation reported a surplus of $213K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.0M	$808K	$3.6M	$1	—	—
2022	$80K	$896K	$3.4M	$1	—	View 990
2021	$3.1M	$368K	$4.2M	$1	—	View 990
2020	$26K	$401K	$2.2M	$712K	—	View 990
2019	$1.3M	$595K	$2.2M	$339K	—	View 990
2015	$187K	$234K	$2.0M	$1	—	View 990
2014	$424K	$503K	$2.1M	$36K	—	View 990
2013	$1.2M	$582K	$2.1M	$1	—	View 990
2012	$367K	$649K	$1.9M	$408K	—	View 990
2011	$1.2M	$587K	$1.9M	$65K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.0M, expenses of $808K, and assets of $3.6M (revenue +1176.3% year-over-year).
2022: Revenue of $80K, expenses of $896K, and assets of $3.4M (revenue -97.5% year-over-year).
2021: Revenue of $3.1M, expenses of $368K, and assets of $4.2M (revenue +11963.5% year-over-year).
2020: Revenue of $26K, expenses of $401K, and assets of $2.2M (revenue -98.0% year-over-year).
2019: Revenue of $1.3M, expenses of $595K, and assets of $2.2M (revenue +599.9% year-over-year).
2015: Revenue of $187K, expenses of $234K, and assets of $2.0M (revenue -55.8% year-over-year).
2014: Revenue of $424K, expenses of $503K, and assets of $2.1M (revenue -64.1% year-over-year).
2013: Revenue of $1.2M, expenses of $582K, and assets of $2.1M (revenue +222.3% year-over-year).
2012: Revenue of $367K, expenses of $649K, and assets of $1.9M (revenue -68.5% year-over-year).
2011: Revenue of $1.2M, expenses of $587K, and assets of $1.9M.

Data Sources and Methodology

This transparency report for Knott 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.