Kresa Family Foundation

Kresa Family Foundation maintains strong asset base with fluctuating revenue and no reported officer compensation.

EIN: 202890253 · Pennington, NJ · NTEE: Z99 · Updated: 2026-03-28

$8.7MRevenue

$14.3MAssets

85/100Mission Score (Excellent)

Z99

About Kresa Family Foundation

Kresa Family Foundation (EIN: 202890253) is a nonprofit organization based in Pennington, NJ, classified under NTEE code Z99. The organization reported total revenue of $8.7M and total assets of $14.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kresa Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Kresa Family Foundation appears to be a private foundation, as indicated by its NTEE code Z99 and consistent pattern of grantmaking rather than direct program services. Its financial health is robust, with assets consistently over $11 million in recent years, reaching $14,308,883 currently. Revenue has fluctuated significantly, with a notable spike in 2013 ($7,672,212) and the latest reported revenue at $8,650,179, suggesting reliance on investment returns or large, infrequent contributions. Expenses have generally been below revenue in recent years, allowing for asset growth.

Spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond what is typically available for private foundations. However, the consistent reporting of 0% officer compensation across all filings suggests that the foundation operates with minimal, if any, paid executive staff, which can be a positive indicator of efficiency in terms of overhead. The foundation's liabilities have been consistently low ($0 or $1), indicating strong financial management and no significant debt burden.

Transparency is generally good, with 10 years of IRS 990 filings available. The consistent reporting of zero officer compensation is a transparent practice. However, without a detailed program service accomplishment section (which is often less detailed for private foundations compared to public charities), it's challenging to fully understand the impact of its grantmaking. The NTEE code Z99 is a general 'Other' category, which doesn't provide specific insight into its mission focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kresa 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, Kresa 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

The Kresa Family Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership likely serves in an unpaid capacity, which is highly efficient for a foundation of its size with assets over $14 million.

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 Kresa Family Foundation's IRS 990 filings:

NTEE code Z99 ('Other') provides little insight into specific mission focus.

Strengths

The following positive indicators were identified for Kresa Family Foundation:

Strong and growing asset base, currently $14,308,883.
Consistently low liabilities ($0 or $1) indicating sound financial management.
Zero reported officer compensation across all filings, suggesting highly efficient leadership.
Consistent filing history (10 filings) demonstrates good transparency.
Expenses generally well-managed relative to revenue, allowing for asset growth.

Frequently Asked Questions about Kresa Family Foundation

What specific programs or causes does the Kresa Family Foundation support?

Based on the NTEE code Z99 ('Other') and the nature of a private foundation, the specific programs or causes are not detailed in the provided summary. Further review of the full 990 forms, particularly Schedule I, would be needed to identify grant recipients.

How does the foundation manage its investments to generate revenue?

The significant fluctuations in revenue, such as the $7.6 million in 2013 and $8.6 million currently, suggest a reliance on investment income. The specific investment strategies are not detailed in this summary but would be found in the full 990-PF filing.

Does the foundation have any paid staff beyond officers?

While officer compensation is consistently reported as 0%, the summary does not provide details on other paid staff. The low administrative expenses (estimated at 10%) suggest a lean operational structure, potentially relying on volunteers or minimal support staff.

Filing History

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

Over 10 years of IRS 990 filings (2011–2023), Kresa Family Foundation's revenue has grown by 92.1%, moving from $403K to $774K. Total assets increased by 111.2% over the same period, from $5.2M to $11.1M. Total functional expenses rose by 46%, from $547K to $799K. In its most recent filing year (2023), Kresa Family Foundation reported a deficit of $25K, with expenses exceeding revenue. The organization holds $1 in liabilities against $11.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $11.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$774K	$799K	$11.1M	$1	—	View 990
2022	$225K	$776K	$11.1M	$1	—	View 990
2021	$1.3M	$835K	$11.7M	$1	—	View 990
2020	$721K	$1.4M	$11.2M	$1	—	View 990
2019	$924K	$1.4M	$11.9M	$1	—	—
2015	$566K	$1.3M	$11.5M	$0	—	View 990
2014	$722K	$300K	$12.2M	$0	—	View 990
2013	$7.7M	$100K	$11.8M	$0	—	View 990
2012	$391K	$522K	$5.1M	$0	—	View 990
2011	$403K	$547K	$5.2M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $774K, expenses of $799K, and assets of $11.1M (revenue +244.3% year-over-year).
2022: Revenue of $225K, expenses of $776K, and assets of $11.1M (revenue -82.7% year-over-year).
2021: Revenue of $1.3M, expenses of $835K, and assets of $11.7M (revenue +80.5% year-over-year).
2020: Revenue of $721K, expenses of $1.4M, and assets of $11.2M (revenue -22.0% year-over-year).
2019: Revenue of $924K, expenses of $1.4M, and assets of $11.9M (revenue +63.2% year-over-year).
2015: Revenue of $566K, expenses of $1.3M, and assets of $11.5M (revenue -21.6% year-over-year).
2014: Revenue of $722K, expenses of $300K, and assets of $12.2M (revenue -90.6% year-over-year).
2013: Revenue of $7.7M, expenses of $100K, and assets of $11.8M (revenue +1861.7% year-over-year).
2012: Revenue of $391K, expenses of $522K, and assets of $5.1M (revenue -2.9% year-over-year).
2011: Revenue of $403K, expenses of $547K, and assets of $5.2M.

Data Sources and Methodology

This transparency report for Kresa 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.