Little Family Foundation Inc
Little Family Foundation Inc. shows strong asset growth and zero reported officer compensation over a decade.
EIN: 205705447 · Albany, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.2M |
| Total Expenses | $1.3M |
| Program Spending | 85% |
| Net Assets | $17.5M |
| Transparency Score | 90/100 |
Is Little Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Little Family Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Little Family Foundation Inc
Little Family Foundation Inc (EIN: 205705447) is a nonprofit organization based in Albany, NY, classified under NTEE code T20. The organization reported total revenue of $4.2M and total assets of $18.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Little Family Foundation Inc is a mid-size nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$915K |
| Total Assets | $17.5M |
| Total Liabilities | $1 |
| Net Assets | $17.5M |
| Operating Margin | 41.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 162.0 months |
Financial Health Grade: A
In 2023, Little Family Foundation Inc reported a surplus of $915K with revenue exceeding expenses, holds 162.0 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), Little Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.2% | +33.1% | +4.8% |
| 2022 | -28.9% | +6.8% | +2.7% |
| 2021 | +6.6% | -56.1% | +6.6% |
| 2020 | +64.3% | +35.2% | +1.3% |
| 2019 | -61.4% | +363.9% | +98.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2009 |
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 Little Family Foundation Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Little Family Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $915K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for directing funds towards the 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.
Strengths
The following positive indicators were identified for Little Family Foundation Inc:
- Strong and consistent asset growth, from $2.1M in 2011 to $17.4M in 2023.
- Consistently low liabilities, often reported as $1, indicating excellent financial stability.
- Zero reported officer compensation across all available filings, suggesting high efficiency in directing funds to mission.
- Revenue consistently exceeds expenses in most recent years, contributing to healthy reserves.
- Long history of IRS 990 filings (10 filings), indicating transparency and compliance.
Frequently Asked Questions about Little Family Foundation Inc
Is Little Family Foundation Inc a legitimate charity?
Little Family Foundation Inc (EIN: 205705447) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $4.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Little Family Foundation Inc spend its money?
Little Family Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Little Family Foundation Inc tax-deductible?
Little Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205705447). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Little Family Foundation Inc's spending goes to programs?
Little Family Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Little Family Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Little 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 Little Family Foundation Inc located?
Little Family Foundation Inc is headquartered in Albany, New York and files with the IRS under EIN 205705447. It is classified under NTEE code T20.
How many years of IRS 990 filings does Little Family Foundation Inc have?
Little 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 $4.2M in total revenue.
Is Little Family Foundation Inc. a good charity?
Based on the available financial data, the Little Family Foundation Inc. appears to be a financially sound organization with strong asset growth and a commendable record of zero reported officer compensation, suggesting a high dedication to its mission. However, a full assessment of 'goodness' would benefit from detailed program expense breakdowns and impact reporting.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time, with assets growing from $2,147,409 in 2011 to $17,458,871 in 2023. Revenue has also seen substantial growth, and expenses have generally remained well below revenue, contributing to this asset accumulation.
What is the trend in the organization's revenue and expenses?
Revenue has shown an upward trend over the decade, albeit with fluctuations, reaching $2,208,598 in 2023. Expenses have also increased but generally at a slower rate than revenue, allowing for consistent net positive income and asset growth. For example, in 2023, revenue was $2,208,598 while expenses were $1,293,311.
Filing History
IRS 990 filing history for Little Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Little Family Foundation Inc's revenue has grown by 257.2%, moving from $618K to $2.2M. Total assets increased by 713% over the same period, from $2.1M to $17.5M. Total functional expenses rose by 1930.3%, from $64K to $1.3M. In its most recent filing year (2023), Little Family Foundation Inc reported a surplus of $915K, with revenue exceeding expenses. The organization holds $1 in liabilities against $17.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.3M | $17.5M | $1 | — | View 990 |
| 2022 | $1.6M | $972K | $16.7M | $1 | — | View 990 |
| 2021 | $2.2M | $910K | $16.2M | $1 | — | View 990 |
| 2020 | $2.1M | $2.1M | $15.2M | $1 | — | View 990 |
| 2019 | $1.3M | $1.5M | $15.0M | $1 | — | View 990 |
| 2015 | $3.3M | $331K | $7.6M | $0 | — | View 990 |
| 2014 | $1.4M | $272K | $5.3M | $0 | — | View 990 |
| 2013 | $2.2M | $153K | $4.4M | $0 | — | View 990 |
| 2012 | $1.1M | $108K | $3.1M | $0 | — | View 990 |
| 2011 | $618K | $64K | $2.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.3M, and assets of $17.5M (revenue +38.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $972K, and assets of $16.7M (revenue -28.9% year-over-year).
- 2021: Revenue of $2.2M, expenses of $910K, and assets of $16.2M (revenue +6.6% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.1M, and assets of $15.2M (revenue +64.3% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.5M, and assets of $15.0M (revenue -61.4% year-over-year).
- 2015: Revenue of $3.3M, expenses of $331K, and assets of $7.6M (revenue +138.2% year-over-year).
- 2014: Revenue of $1.4M, expenses of $272K, and assets of $5.3M (revenue -36.1% year-over-year).
- 2013: Revenue of $2.2M, expenses of $153K, and assets of $4.4M (revenue +92.9% year-over-year).
- 2012: Revenue of $1.1M, expenses of $108K, and assets of $3.1M (revenue +83.7% year-over-year).
- 2011: Revenue of $618K, expenses of $64K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Little Family Foundation Inc:
Data Sources and Methodology
This transparency report for Little 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.