Nakash Family Foundation
Nakash Family Foundation consistently distributes nearly all annual revenue with minimal liabilities and no reported officer compensation.
EIN: 133030267 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $556K |
| Transparency Score | 75/100 |
Is Nakash Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nakash Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nakash Family Foundation
Nakash Family Foundation (EIN: 133030267) is a nonprofit organization based in New York, NY. The organization reported total revenue of $2.9M and total assets of $464K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nakash Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nakash Family Foundation is a mid-size nonprofit that has been operating for 46 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$14K |
| Total Assets | $556K |
| Total Liabilities | $1 |
| Net Assets | $556K |
| Operating Margin | 0.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.9 months |
Financial Health Grade: A
In 2023, Nakash Family Foundation reported a surplus of $14K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Nakash Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.9% | +36.1% | +2.6% |
| 2022 | +7.9% | +3.1% | +4.9% |
| 2021 | -21.0% | -17.7% | -8.1% |
| 2020 | -40.4% | -37.1% | -1.5% |
| 2019 | +3.1% | -6.9% | -28.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Nakash Family Foundation with a Mission Score of 75 out of 100 (Good). 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, Nakash Family Foundation 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 $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Nakash Family Foundation consistently reports 0% officer compensation across all available filings, suggesting that executive leadership may be volunteer-based or compensated through an affiliated entity, which is unusual for an organization with annual revenues exceeding $2 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 Nakash Family Foundation's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in available data, making efficiency assessment difficult.
- NTEE code is unknown, which limits understanding of the organization's specific mission area and comparative analysis.
- Consistent reporting of 0% officer compensation for an organization of this size could indicate compensation is paid by an affiliated entity, reducing transparency regarding true operational costs.
Strengths
The following positive indicators were identified for Nakash Family Foundation:
- Consistently low liabilities (often $1), indicating strong financial health and minimal debt.
- Revenues and expenses are closely aligned, suggesting efficient distribution of funds rather than accumulation.
- No reported officer compensation, which could indicate a volunteer-led board or efficient use of funds if compensation is truly absent.
Frequently Asked Questions about Nakash Family Foundation
Is Nakash Family Foundation a legitimate charity?
Nakash Family Foundation (EIN: 133030267) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.9M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Nakash Family Foundation spend its money?
Nakash Family Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Nakash Family Foundation tax-deductible?
Nakash Family Foundation is registered as a tax-exempt nonprofit (EIN: 133030267). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nakash Family Foundation CEO make?
Nakash Family Foundation's highest-compensated officer earns $2 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nakash Family Foundation's spending goes to programs?
Nakash Family Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Nakash Family Foundation located?
Nakash Family Foundation is headquartered in New York, New York and files with the IRS under EIN 133030267.
How many years of IRS 990 filings does Nakash Family Foundation have?
Nakash 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 $2.9M in total revenue.
Is the Nakash Family Foundation a good charity?
Based on the available IRS 990 data, the Nakash Family Foundation appears to be a financially stable grant-making organization with very low liabilities and a consistent pattern of distributing funds. The lack of reported officer compensation and the close alignment of revenues and expenses suggest a focus on its mission. However, without detailed expense breakdowns (program, admin, fundraising) and information on its NTEE code, a full assessment of its programmatic impact and efficiency is limited.
How does the Nakash Family Foundation manage its assets?
The foundation's assets have fluctuated over the years, ranging from a high of $1,553,283 in 2011 to $464,499 currently. This indicates that the foundation primarily functions as a pass-through entity, distributing most of its incoming funds rather than accumulating a large endowment. Liabilities are consistently very low, often reported as $1, demonstrating strong financial management regarding debt.
What is the trend in the foundation's revenue and expenses?
The Nakash Family Foundation has shown consistent revenue generation, with its latest reported revenue at $2,947,662. Expenses generally track closely with revenue, for example, in 2023, revenue was $2,322,083 and expenses were $2,308,099. This pattern suggests that the foundation is actively deploying its funds annually rather than building up significant reserves.
Filing History
IRS 990 filing history for Nakash Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Nakash Family Foundation's revenue has grown by 271.3%, moving from $625K to $2.3M. Total assets decreased by 64.2% over the same period, from $1.6M to $556K. Total functional expenses rose by 47.4%, from $1.6M to $2.3M. In its most recent filing year (2023), Nakash Family Foundation reported a surplus of $14K, with revenue exceeding expenses. The organization holds $1 in liabilities against $556K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $556K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.3M | $556K | $1 | — | — |
| 2022 | $1.7M | $1.7M | $542K | $1 | — | View 990 |
| 2021 | $1.6M | $1.6M | $516K | $4K | — | View 990 |
| 2020 | $2.0M | $2.0M | $562K | $1 | — | View 990 |
| 2019 | $3.4M | $3.2M | $571K | $30K | — | — |
| 2015 | $3.3M | $3.4M | $797K | $84K | — | View 990 |
| 2014 | $2.3M | $2.4M | $838K | $1 | — | View 990 |
| 2013 | $1.5M | $1.8M | $911K | $1 | — | View 990 |
| 2012 | $998K | $1.2M | $1.3M | $118K | — | View 990 |
| 2011 | $625K | $1.6M | $1.6M | $178K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.3M, and assets of $556K (revenue +34.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.7M, and assets of $542K (revenue +7.9% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.6M, and assets of $516K (revenue -21.0% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.0M, and assets of $562K (revenue -40.4% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.2M, and assets of $571K (revenue +3.1% year-over-year).
- 2015: Revenue of $3.3M, expenses of $3.4M, and assets of $797K (revenue +44.0% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.4M, and assets of $838K (revenue +52.7% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.8M, and assets of $911K (revenue +49.9% year-over-year).
- 2012: Revenue of $998K, expenses of $1.2M, and assets of $1.3M (revenue +59.5% year-over-year).
- 2011: Revenue of $625K, expenses of $1.6M, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nakash Family Foundation:
Data Sources and Methodology
This transparency report for Nakash 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.