Morton B Kahn & Phyllis C Kahn Family Private Foundation
EIN: 311577521 · Westport, CT
| Metric | Value |
|---|---|
| Total Expenses | $76K |
| Net Assets | $1.4M |
Is Morton B Kahn & Phyllis C Kahn Family Private Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Morton B Kahn & Phyllis C Kahn Family Private Foundation
Morton B Kahn & Phyllis C Kahn Family Private Foundation (EIN: 311577521) is a nonprofit organization based in Westport, CT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Morton B Kahn & Phyllis C Kahn Family Private Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Morton B Kahn & Phyllis C Kahn Family Private Foundation is a micro nonprofit, with 3 years of IRS 990 filings on record (2011–2013). Revenue has grown at a compound annual rate of -11.5%.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
| Total Revenue | $61K |
| Total Expenses | $76K |
| Surplus / Deficit | $-15,040 |
| Total Assets | $1.4M |
| Total Liabilities | $1 |
| Net Assets | $1.4M |
| Operating Margin | -24.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 222.1 months |
Financial Health Grade: B
In 2013, Morton B Kahn & Phyllis C Kahn Family Private Foundation reported a deficit of $15K with expenses exceeding revenue, holds 222.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2011–2013), Morton B Kahn & Phyllis C Kahn Family Private Foundation's revenue has declined at a compound annual growth rate (CAGR) of -11.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2013 | -14.5% | +38.2% | -1.1% |
| 2012 | -8.4% | +656.5% | +1.3% |
AI Analysis Pending
AI enrichment for Morton B Kahn & Phyllis C Kahn Family Private Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Morton B Kahn & Phyllis C Kahn Family Private Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2013)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Morton B Kahn & Phyllis C Kahn Family Private Foundation
Is Morton B Kahn & Phyllis C Kahn Family Private Foundation a legitimate charity?
Morton B Kahn & Phyllis C Kahn Family Private Foundation (EIN: 311577521) is a registered tax-exempt nonprofit based in Connecticut. It has 3 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Morton B Kahn & Phyllis C Kahn Family Private Foundation spend its money?
Morton B Kahn & Phyllis C Kahn Family Private Foundation reported its financials in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Morton B Kahn & Phyllis C Kahn Family Private Foundation tax-deductible?
Morton B Kahn & Phyllis C Kahn Family Private Foundation is registered as a tax-exempt nonprofit (EIN: 311577521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Morton B Kahn & Phyllis C Kahn Family Private Foundation located?
Morton B Kahn & Phyllis C Kahn Family Private Foundation is headquartered in Westport, Connecticut and files with the IRS under EIN 311577521.
How many years of IRS 990 filings does Morton B Kahn & Phyllis C Kahn Family Private Foundation have?
Morton B Kahn & Phyllis C Kahn Family Private Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Morton B Kahn & Phyllis C Kahn Family Private Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2011–2013), Morton B Kahn & Phyllis C Kahn Family Private Foundation's revenue has declined by 21.7%, moving from $78K to $61K. Total assets increased by 0.1% over the same period, from $1.4M to $1.4M. Total functional expenses rose by 945.8%, from $7K to $76K. In its most recent filing year (2013), Morton B Kahn & Phyllis C Kahn Family Private Foundation reported a deficit of $15K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2013 | $61K | $76K | $1.4M | $1 | — | View 990 |
| 2012 | $72K | $55K | $1.4M | $1K | — | View 990 |
| 2011 | $78K | $7K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2013: Revenue of $61K, expenses of $76K, and assets of $1.4M (revenue -14.5% year-over-year).
- 2012: Revenue of $72K, expenses of $55K, and assets of $1.4M (revenue -8.4% year-over-year).
- 2011: Revenue of $78K, expenses of $7K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Morton B Kahn & Phyllis C Kahn Family Private Foundation:
Data Sources and Methodology
This transparency report for Morton B Kahn & Phyllis C Kahn Family Private 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.