Rita J And Stanley H Kaplan Foundation Inc
Rita J And Stanley H Kaplan Foundation maintains stable $17-19M assets with no reported officer compensation.
EIN: 133221298 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $1.8M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $17.9M |
| Transparency Score | 90/100 |
Is Rita J And Stanley H Kaplan Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rita J And Stanley H Kaplan Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rita J And Stanley H Kaplan Foundation Inc
Rita J And Stanley H Kaplan Foundation Inc (EIN: 133221298) is a nonprofit organization based in New York, NY. The organization reported total revenue of $7.8M and total assets of $18.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rita J And Stanley H Kaplan Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rita J And Stanley H Kaplan Foundation Inc is a mid-size nonprofit that has been operating for 41 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $820K |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-1,004,457 |
| Total Assets | $17.9M |
| Total Liabilities | $1 |
| Net Assets | $17.9M |
| Operating Margin | -122.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 117.7 months |
Financial Health Grade: B
In 2023, Rita J And Stanley H Kaplan Foundation Inc reported a deficit of $1.0M with expenses exceeding revenue, holds 117.7 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), Rita J And Stanley H Kaplan Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -77.0% | -5.0% | -5.4% |
| 2022 | +170.7% | -33.0% | +9.3% |
| 2021 | -58.0% | +72.1% | -8.2% |
| 2020 | +604.5% | -0.3% | +7.8% |
| 2019 | -13.4% | -41.9% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Rita J And Stanley H Kaplan 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Rita J And Stanley H Kaplan Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 deficit of $1.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The foundation consistently reports $0 in officer compensation across all available filings, indicating that its leadership either serves on a volunteer basis or is compensated through an external entity, which significantly reduces direct administrative overhead and maximizes funds available for 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 Rita J And Stanley H Kaplan Foundation Inc:
- Consistent asset base of $17-19 million, indicating strong financial stability.
- Zero reported officer compensation, suggesting high efficiency and low administrative overhead.
- Minimal liabilities ($0 or $1) across all filings, demonstrating a healthy balance sheet.
- Consistent IRS 990 filing history, indicating good transparency and regulatory compliance.
- Ability to make significant distributions even in years where revenue is lower, leveraging its endowment effectively.
Frequently Asked Questions about Rita J And Stanley H Kaplan Foundation Inc
Is Rita J And Stanley H Kaplan Foundation Inc a legitimate charity?
Rita J And Stanley H Kaplan Foundation Inc (EIN: 133221298) 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: $7.8M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Rita J And Stanley H Kaplan Foundation Inc spend its money?
Rita J And Stanley H Kaplan Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Rita J And Stanley H Kaplan Foundation Inc tax-deductible?
Rita J And Stanley H Kaplan Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133221298). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rita J And Stanley H Kaplan Foundation Inc CEO make?
Rita J And Stanley H Kaplan Foundation Inc's highest-compensated officer earns $0 annually. The organization reported $7.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Rita J And Stanley H Kaplan Foundation Inc located?
Rita J And Stanley H Kaplan Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133221298.
How many years of IRS 990 filings does Rita J And Stanley H Kaplan Foundation Inc have?
Rita J And Stanley H Kaplan 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 $7.8M in total revenue.
Is the Rita J And Stanley H Kaplan Foundation Inc financially stable?
Yes, the foundation is financially stable, consistently maintaining assets between $17 million and $19 million over the past decade, with minimal liabilities.
How much of the foundation's money goes to executive salaries?
Based on the IRS 990 filings, the foundation reports $0 in officer compensation, suggesting that no funds are directly allocated to executive salaries from the organization's reported expenses.
Does the foundation spend more than it earns?
In several years, such as 2023 ($1,824,174 expenses vs. $819,717 revenue) and 2021 ($2,868,258 expenses vs. $1,314,421 revenue), the foundation's expenses exceeded its revenue, which is common for foundations drawing from their endowment to make grants.
What is the trend in the foundation's assets?
The foundation's assets have remained remarkably stable over the past decade, generally fluctuating between $17 million and $19 million, indicating a well-managed endowment.
Filing History
IRS 990 filing history for Rita J And Stanley H Kaplan Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Rita J And Stanley H Kaplan Foundation Inc's revenue has declined by 38.5%, moving from $1.3M to $820K. Total assets decreased by 9.1% over the same period, from $19.7M to $17.9M. Total functional expenses fell by 19.2%, from $2.3M to $1.8M. In its most recent filing year (2023), Rita J And Stanley H Kaplan Foundation Inc reported a deficit of $1.0M, with expenses exceeding revenue. The organization holds $1 in liabilities against $17.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $820K | $1.8M | $17.9M | $1 | — | — |
| 2022 | $3.6M | $1.9M | $18.9M | $1 | — | View 990 |
| 2021 | $1.3M | $2.9M | $17.3M | $1 | — | View 990 |
| 2020 | $3.1M | $1.7M | $18.8M | $1 | — | — |
| 2019 | $444K | $1.7M | $17.5M | $1 | — | View 990 |
| 2015 | $512K | $2.9M | $17.5M | $0 | — | View 990 |
| 2014 | $2.7M | $2.3M | $19.8M | $0 | — | View 990 |
| 2013 | $2.0M | $2.0M | $19.5M | $0 | — | View 990 |
| 2012 | $1.4M | $1.6M | $19.5M | $0 | — | View 990 |
| 2011 | $1.3M | $2.3M | $19.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $820K, expenses of $1.8M, and assets of $17.9M (revenue -77.0% year-over-year).
- 2022: Revenue of $3.6M, expenses of $1.9M, and assets of $18.9M (revenue +170.7% year-over-year).
- 2021: Revenue of $1.3M, expenses of $2.9M, and assets of $17.3M (revenue -58.0% year-over-year).
- 2020: Revenue of $3.1M, expenses of $1.7M, and assets of $18.8M (revenue +604.5% year-over-year).
- 2019: Revenue of $444K, expenses of $1.7M, and assets of $17.5M (revenue -13.4% year-over-year).
- 2015: Revenue of $512K, expenses of $2.9M, and assets of $17.5M (revenue -80.7% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.3M, and assets of $19.8M (revenue +31.4% year-over-year).
- 2013: Revenue of $2.0M, expenses of $2.0M, and assets of $19.5M (revenue +48.2% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.6M, and assets of $19.5M (revenue +2.3% year-over-year).
- 2011: Revenue of $1.3M, expenses of $2.3M, and assets of $19.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rita J And Stanley H Kaplan Foundation Inc:
Data Sources and Methodology
This transparency report for Rita J And Stanley H Kaplan 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.