Koyfman Family Foundation Inc
Koyfman Family Foundation consistently operates with no officer compensation and modest expenses.
EIN: 200454948 · Teaneck, NJ · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $69K |
| Program Spending | 90% |
| Net Assets | $244K |
| Transparency Score | 85/100 |
Is Koyfman Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Koyfman Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Koyfman Family Foundation Inc
Koyfman Family Foundation Inc (EIN: 200454948) is a nonprofit organization based in Teaneck, NJ, classified under NTEE code T20. The organization reported total revenue of $1.1M and total assets of $405K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Koyfman Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Koyfman Family Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $69K |
| Surplus / Deficit | $-2,444 |
| Total Assets | $244K |
| Total Liabilities | $1 |
| Net Assets | $244K |
| Operating Margin | -3.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 42.2 months |
Financial Health Grade: B
In 2023, Koyfman Family Foundation Inc reported a deficit of $2K with expenses exceeding revenue, holds 42.2 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), Koyfman Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.4% | -15.2% | -1.0% |
| 2022 | -32.3% | +19.4% | -12.6% |
| 2021 | -38.1% | +33.9% | +-0.0% |
| 2020 | +5.7% | +21.6% | +26.8% |
| 2019 | +389.1% | +2.6% | +9.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Koyfman Family Foundation Inc 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, Koyfman Family Foundation Inc 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 deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or directors receive salaries from the foundation, which is highly favorable for a small foundation of this size.
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 Koyfman Family Foundation Inc's IRS 990 filings:
- Fluctuating annual revenue, making consistent financial planning potentially challenging.
Strengths
The following positive indicators were identified for Koyfman Family Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Very low liabilities, often $1 or $0, demonstrating strong financial management and solvency.
- Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
- Positive asset growth, with latest assets at $405,392, showing an increasing financial base.
Frequently Asked Questions about Koyfman Family Foundation Inc
Is Koyfman Family Foundation Inc a legitimate charity?
Koyfman Family Foundation Inc (EIN: 200454948) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Koyfman Family Foundation Inc spend its money?
Koyfman Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Koyfman Family Foundation Inc tax-deductible?
Koyfman Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200454948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Koyfman Family Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Koyfman Family Foundation Inc 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 Koyfman Family Foundation Inc located?
Koyfman Family Foundation Inc is headquartered in Teaneck, New Jersey and files with the IRS under EIN 200454948. It is classified under NTEE code T20.
How many years of IRS 990 filings does Koyfman Family Foundation Inc have?
Koyfman Family Foundation Inc 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 $1.1M in total revenue.
Is Koyfman Family Foundation Inc. a good charity?
Based on the available data, the Koyfman Family Foundation Inc. appears to be a well-managed private foundation. Its consistent reporting of 0% officer compensation and low liabilities are strong positive indicators. While specific program details are not provided in this summary, the financial health and efficiency metrics are favorable.
How has the foundation's revenue trended over time?
The foundation's revenue has shown significant fluctuation, ranging from a low of $-10,397 in 201312 to a high of $110,741 in 202012 among the provided filings. The latest reported revenue is $1,070,022, which is a substantial increase compared to previous periods, suggesting a significant recent contribution or investment gain.
What is the foundation's asset growth like?
The foundation's assets have generally been stable, fluctuating around $200,000-$300,000 in most periods. However, the latest reported assets of $405,392 represent a notable increase, indicating growth in its financial base.
Filing History
IRS 990 filing history for Koyfman Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Koyfman Family Foundation Inc's revenue has grown by 401.3%, moving from $13K to $67K. Total assets decreased by 16.1% over the same period, from $291K to $244K. Total functional expenses rose by 29.4%, from $54K to $69K. In its most recent filing year (2023), Koyfman Family Foundation Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $244K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $244K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $69K | $244K | $1 | — | — |
| 2022 | $46K | $82K | $246K | $1 | — | View 990 |
| 2021 | $69K | $69K | $282K | $1 | — | View 990 |
| 2020 | $111K | $51K | $282K | $1 | — | View 990 |
| 2019 | $105K | $42K | $222K | $1 | — | View 990 |
| 2015 | $21K | $41K | $202K | $0 | — | View 990 |
| 2014 | $36K | $58K | $222K | $0 | — | View 990 |
| 2013 | $-10,397 | $36K | $248K | $4K | — | View 990 |
| 2012 | $54K | $55K | $290K | $0 | — | View 990 |
| 2011 | $13K | $54K | $291K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $69K, and assets of $244K (revenue +44.4% year-over-year).
- 2022: Revenue of $46K, expenses of $82K, and assets of $246K (revenue -32.3% year-over-year).
- 2021: Revenue of $69K, expenses of $69K, and assets of $282K (revenue -38.1% year-over-year).
- 2020: Revenue of $111K, expenses of $51K, and assets of $282K (revenue +5.7% year-over-year).
- 2019: Revenue of $105K, expenses of $42K, and assets of $222K (revenue +389.1% year-over-year).
- 2015: Revenue of $21K, expenses of $41K, and assets of $202K (revenue -39.8% year-over-year).
- 2014: Revenue of $36K, expenses of $58K, and assets of $222K.
- 2013: Revenue of $-10,397, expenses of $36K, and assets of $248K (revenue -119.3% year-over-year).
- 2012: Revenue of $54K, expenses of $55K, and assets of $290K (revenue +303.5% year-over-year).
- 2011: Revenue of $13K, expenses of $54K, and assets of $291K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Koyfman Family Foundation Inc:
Data Sources and Methodology
This transparency report for Koyfman Family Foundation Inc 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.