Raymond Debbane Family Foundation
Raymond Debbane Family Foundation maintains robust asset growth and zero officer compensation.
EIN: 134053653 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $60.4M |
| Total Expenses | $10.6M |
| Program Spending | 90% |
| Net Assets | $129.8M |
| Transparency Score | 85/100 |
Is Raymond Debbane Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Raymond Debbane Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Raymond Debbane Family Foundation
Raymond Debbane Family Foundation (EIN: 134053653) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $60.4M and total assets of $130.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Raymond Debbane Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Raymond Debbane Family Foundation is a major nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 39.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.7M |
| Total Expenses | $10.6M |
| Surplus / Deficit | +$6.0M |
| Total Assets | $129.8M |
| Total Liabilities | $1 |
| Net Assets | $129.8M |
| Operating Margin | 36.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 146.4 months |
Financial Health Grade: A
In 2023, Raymond Debbane Family Foundation reported a surplus of $6.0M with revenue exceeding expenses, holds 146.4 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), Raymond Debbane Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 39.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -64.9% | +63.1% | +4.1% |
| 2022 | +3.6% | +36.9% | +30.2% |
| 2021 | +113.3% | +13.6% | +28.4% |
| 2020 | -66.3% | +4.1% | +17.3% |
| 2019 | +598.7% | +71.9% | +234.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Raymond Debbane 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, Raymond Debbane 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.0M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other entities, which is a positive for resource allocation directly to its 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 Raymond Debbane Family Foundation:
- Consistent asset growth, from $8.9 million in 2011 to $129.7 million in 2023.
- Zero officer compensation reported across all filings, indicating efficient use of funds for mission.
- Minimal liabilities ($0-$1) across all periods, demonstrating strong financial stability.
- High program spending ratio (estimated 90%) typical for grantmaking foundations.
Frequently Asked Questions about Raymond Debbane Family Foundation
Is Raymond Debbane Family Foundation a legitimate charity?
Raymond Debbane Family Foundation (EIN: 134053653) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $60.4M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Raymond Debbane Family Foundation spend its money?
Raymond Debbane Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Raymond Debbane Family Foundation tax-deductible?
Raymond Debbane Family Foundation is registered as a tax-exempt nonprofit (EIN: 134053653). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Raymond Debbane Family Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Raymond Debbane Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Raymond Debbane Family Foundation located?
Raymond Debbane Family Foundation is headquartered in New York, New York and files with the IRS under EIN 134053653. It is classified under NTEE code T22.
How many years of IRS 990 filings does Raymond Debbane Family Foundation have?
Raymond Debbane 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 $60.4M in total revenue.
What is the primary focus of the grants made by the Raymond Debbane Family Foundation?
The provided NTEE code T22 indicates 'Philanthropy, Voluntarism, and Grantmaking Foundations', but specific grant recipients or program areas are not detailed in the provided financial summary.
How does the foundation manage its operations with zero officer compensation?
Zero officer compensation suggests that the foundation is either entirely volunteer-run at the executive level, or its operational and administrative functions are managed by external entities or staff whose compensation is categorized differently within the expenses, or it's a pass-through entity with minimal direct operational costs.
What accounts for the significant fluctuations in annual revenue?
The substantial year-over-year revenue fluctuations (e.g., $63.6M in 2019 vs. $16.6M in 2023) are common for private foundations, often driven by investment performance, large one-time donations, or asset transfers.
Filing History
IRS 990 filing history for Raymond Debbane Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Raymond Debbane Family Foundation's revenue has grown by 5222.1%, moving from $313K to $16.7M. Total assets increased by 1344.8% over the same period, from $9.0M to $129.8M. Total functional expenses rose by 634.2%, from $1.4M to $10.6M. In its most recent filing year (2023), Raymond Debbane Family Foundation reported a surplus of $6.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $129.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $129.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.7M | $10.6M | $129.8M | $1 | — | View 990 |
| 2022 | $47.5M | $6.5M | $124.7M | $1 | — | View 990 |
| 2021 | $45.8M | $4.8M | $95.8M | $1 | — | View 990 |
| 2020 | $21.5M | $4.2M | $74.6M | $1 | — | — |
| 2019 | $63.7M | $4.0M | $63.6M | $1 | — | View 990 |
| 2015 | $9.1M | $2.3M | $19.0M | $0 | — | View 990 |
| 2014 | $1.4M | $2.0M | $15.6M | $1 | — | View 990 |
| 2013 | $18.5M | $1.5M | $15.8M | $1 | — | View 990 |
| 2012 | $293K | $1.9M | $7.2M | $0 | — | View 990 |
| 2011 | $313K | $1.4M | $9.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.7M, expenses of $10.6M, and assets of $129.8M (revenue -64.9% year-over-year).
- 2022: Revenue of $47.5M, expenses of $6.5M, and assets of $124.7M (revenue +3.6% year-over-year).
- 2021: Revenue of $45.8M, expenses of $4.8M, and assets of $95.8M (revenue +113.3% year-over-year).
- 2020: Revenue of $21.5M, expenses of $4.2M, and assets of $74.6M (revenue -66.3% year-over-year).
- 2019: Revenue of $63.7M, expenses of $4.0M, and assets of $63.6M (revenue +598.7% year-over-year).
- 2015: Revenue of $9.1M, expenses of $2.3M, and assets of $19.0M (revenue +536.0% year-over-year).
- 2014: Revenue of $1.4M, expenses of $2.0M, and assets of $15.6M (revenue -92.3% year-over-year).
- 2013: Revenue of $18.5M, expenses of $1.5M, and assets of $15.8M (revenue +6215.2% year-over-year).
- 2012: Revenue of $293K, expenses of $1.9M, and assets of $7.2M (revenue -6.3% year-over-year).
- 2011: Revenue of $313K, expenses of $1.4M, and assets of $9.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Raymond Debbane Family Foundation:
Data Sources and Methodology
This transparency report for Raymond Debbane 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.