Quentin J Kennedy Foundation
Quentin J Kennedy Foundation: Strong Asset Growth, Inconsistent Revenue
EIN: 222653050 · Nyack, NY · Updated: 2026-04-04
About Quentin J Kennedy Foundation
Quentin J Kennedy Foundation (EIN: 222653050) is a nonprofit organization based in Nyack, NY. The organization reported total revenue of $11.2M and total assets of $22.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Quentin J Kennedy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Quentin J Kennedy 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: 80%
- fundraising: 10%
According to IRS 990 filings, Quentin J Kennedy Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or externally funded leadership structure.
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 Quentin J Kennedy Foundation's IRS 990 filings:
- Inconsistent revenue streams year-over-year (e.g., $1.48M in 2021 vs. $0.72M in 2020) could impact long-term program stability.
- Lack of detailed program descriptions or impact reports makes it difficult to assess the effectiveness of their spending.
Strengths
The following positive indicators were identified for Quentin J Kennedy Foundation:
- Consistent asset growth from $11.06M in 2012 to $22.52M in 2023 demonstrates strong financial management and investment.
- Zero reported executive compensation indicates a highly efficient operational model, maximizing funds for mission-related activities.
- Low reported expenses relative to assets suggests a conservative and sustainable financial approach.
Frequently Asked Questions about Quentin J Kennedy Foundation
What does Quentin J Kennedy Foundation do?
Quentin J Kennedy Foundation is a nonprofit organization in the Unknown sector, located in Nyack, New York. It is classified under NTEE code Unknown.
How much revenue does Quentin J Kennedy Foundation have?
Quentin J Kennedy Foundation reported total revenue of $11,188,126. Based on 9 IRS 990 filings on record.
What are Quentin J Kennedy Foundation's total assets?
Quentin J Kennedy Foundation holds total assets of $22,526,015 as reported in IRS 990 filings.
Where is Quentin J Kennedy Foundation located?
Quentin J Kennedy Foundation is based in Nyack, New York.
What is Quentin J Kennedy Foundation's EIN?
Quentin J Kennedy Foundation's Employer Identification Number (EIN) is 222653050. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Quentin J Kennedy Foundation?
Quentin J Kennedy Foundation is classified under NTEE code Unknown (Unknown).
Is Quentin J Kennedy Foundation a registered 501(c)(3)?
Quentin J Kennedy Foundation appears in IRS records (EIN: 222653050). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Quentin J Kennedy Foundation file IRS Form 990?
Yes, Quentin J Kennedy Foundation has 9 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Quentin J Kennedy Foundation's revenue in 2023?
In the 202312 filing period, Quentin J Kennedy Foundation reported total revenue of $1,387,263, total expenses of $783,943, and net assets of $18,951,193.
Is Quentin J Kennedy Foundation's revenue growing or declining?
Quentin J Kennedy Foundation's revenue is growing. Revenue went from $1,185,179 (202212) to $1,387,263 (202312), a +17.1% change. Based on 9 filings on record.
What is Quentin J Kennedy Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Quentin J Kennedy Foundation covers tax period 202312. It shows revenue of $1,387,263, expenses of $783,943, total assets of $18,951,193, and liabilities of $1.
How much does Quentin J Kennedy Foundation spend on programs vs administration?
Based on IRS 990 analysis, Quentin J Kennedy Foundation allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Quentin J Kennedy Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Quentin J Kennedy Foundation appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Quentin J Kennedy Foundation?
The following concerns were identified: Inconsistent revenue streams year-over-year (e.g., $1.48M in 2021 vs. $0.72M in 2020) could impact long-term program stability.. Lack of detailed program descriptions or impact reports makes it difficult to assess the effectiveness of their spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Quentin J Kennedy Foundation's strengths?
Positive indicators for Quentin J Kennedy Foundation include: Consistent asset growth from $11.06M in 2012 to $22.52M in 2023 demonstrates strong financial management and investment.. Zero reported executive compensation indicates a highly efficient operational model, maximizing funds for mission-related activities.. Low reported expenses relative to assets suggests a conservative and sustainable financial approach.. These findings are derived from AI analysis of the organization's financial filings.
How does Quentin J Kennedy Foundation compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer-led or externally funded leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Quentin J Kennedy Foundation?
• The organization consistently reports 0% compensation to officers, directors, trustees, and key employees, as indicated in their 990 filings. • No specific transparency report or detailed breakdown of program activities is readily available beyond the 990 filings. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent asset growth and zero reported executive compensation, what is the primary mechanism for the foundation's operational funding and how does it sustain its activities without direct compensation to leadership?
The foundation likely relies on investment income from its substantial assets to cover operational expenses, and its leadership may be entirely volunteer-based or compensated through an affiliated entity not reported on the 990, allowing for maximum allocation of direct revenue to programs or asset growth.
Filing History
IRS 990 filing history for Quentin J Kennedy Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Quentin J Kennedy Foundation's revenue has grown by 56.9%, moving from $884K to $1.4M. Total assets increased by 76.8% over the same period, from $10.7M to $19.0M. Total functional expenses rose by 55.2%, from $505K to $784K. In its most recent filing year (2023), Quentin J Kennedy Foundation reported a surplus of $603K, with revenue exceeding expenses. The organization holds $1 in liabilities against $19.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $784K | $19.0M | $1 | — | View 990 |
| 2022 | $1.2M | $1.3M | $15.4M | $1 | — | View 990 |
| 2021 | $1.5M | $846K | $22.4M | $1 | — | View 990 |
| 2020 | $721K | $875K | $18.9M | $1 | — | View 990 |
| 2019 | $880K | $751K | $16.6M | $1 | — | View 990 |
| 2015 | $1.2M | $1.2M | $14.1M | $1 | — | View 990 |
| 2013 | $1.9M | $679K | $12.3M | $1 | — | View 990 |
| 2012 | $956K | $549K | $11.1M | $1 | — | View 990 |
| 2011 | $884K | $505K | $10.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $784K, and assets of $19.0M (revenue +17.1% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.3M, and assets of $15.4M (revenue -20.3% year-over-year).
- 2021: Revenue of $1.5M, expenses of $846K, and assets of $22.4M (revenue +106.3% year-over-year).
- 2020: Revenue of $721K, expenses of $875K, and assets of $18.9M (revenue -18.1% year-over-year).
- 2019: Revenue of $880K, expenses of $751K, and assets of $16.6M (revenue -29.1% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $14.1M (revenue -35.3% year-over-year).
- 2013: Revenue of $1.9M, expenses of $679K, and assets of $12.3M (revenue +100.5% year-over-year).
- 2012: Revenue of $956K, expenses of $549K, and assets of $11.1M (revenue +8.2% year-over-year).
- 2011: Revenue of $884K, expenses of $505K, and assets of $10.7M.
Data Sources and Methodology
This transparency report for Quentin J Kennedy 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.