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

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Knott Family Foundation Financial Summary
MetricValue
Total Revenue$2.1M
Total Expenses$808K
Program Spending90%
Net Assets$3.6M
Transparency Score85/100

Search Intent Cockpit

Knott Family Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals

Knott Family Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Knott Family Foundation in one place.

Form 990 Filing Summary

10 filing years are available, with latest revenue of $1.0M and expenses of $808K.

Revenue and Expenses

Knott Family Foundation reported $1.0M in revenue and $808K in expenses, a surplus of $213K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 1 red flag, and 3 strengths are shown from structured and AI review.

Is Knott Family Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
90%Program Expense
$0Grants Paid
10Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Knott Family Foundation Expense Deployment
Program services$727K (90%)

Across stored filings, Knott Family Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Knott Family Foundation Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 1 red flag identified
Mission spend90% to programsExcellent
Financial durabilityGrade A10 stored filing years
Peer contextCompare with Healthy Capital District InitiativeNew York and Philanthropy context

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Knott Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

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.

Organization Overview

22Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Knott Family Foundation is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.0M
Total Expenses$808K
Surplus / Deficit+$213K
Total Assets$3.6M
Total Liabilities$1
Net Assets$3.6M
Operating Margin20.9%
Debt-to-Asset Ratio0.0%
Months of Reserves53.6 months

Financial Health Grade: A

In 2023, Knott Family Foundation reported a surplus of $213K with revenue exceeding expenses, holds 53.6 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), Knott Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+1176.3%-9.9%+6.3%
2022-97.5%+143.6%-19.4%
2021+11963.5%-8.3%+95.8%
2020-98.0%-32.5%-0.1%
2019+599.9%+154.3%+8.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

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

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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.0MTotal Revenue
$808KTotal Expenses
$3.6MTotal Assets
$1Total Liabilities
$3.6MNet Assets
  • The organization reported a surplus of $213K, 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 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 Knott Family Foundation a legitimate charity?

Knott Family Foundation (EIN: 200495479) 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: $2.1M. 1 red flag identified. 3 strengths noted. Financial health grade: A.

How does Knott Family Foundation spend its money?

Knott Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Knott Family Foundation tax-deductible?

Knott Family Foundation is registered as a tax-exempt nonprofit (EIN: 200495479). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Knott Family Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Knott Family Foundation is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Knott Family Foundation located?

Knott Family Foundation is headquartered in Syosset, New York and files with the IRS under EIN 200495479. It is classified under NTEE code T30.

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

Knott 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 $2.1M in total revenue.

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.

YearRevenueExpensesAssetsLiabilitiesOfficer 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.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Knott 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 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.

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