Robert And Kate Niehaus Foundation Inc
Robert And Kate Niehaus Foundation maintains substantial assets with zero reported officer compensation.
EIN: 134007527 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.3M |
| Total Expenses | $6.9M |
| Program Spending | 95% |
| Net Assets | $21.9M |
| Transparency Score | 95/100 |
Is Robert And Kate Niehaus Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Robert And Kate Niehaus Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Robert And Kate Niehaus Foundation Inc
Robert And Kate Niehaus Foundation Inc (EIN: 134007527) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $16.3M and total assets of $21.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert And Kate Niehaus Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert And Kate Niehaus Foundation Inc is a large nonprofit that has been operating for 27 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.4M |
| Total Expenses | $6.9M |
| Surplus / Deficit | $-1,550,084 |
| Total Assets | $21.9M |
| Total Liabilities | $1 |
| Net Assets | $21.9M |
| Operating Margin | -28.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 38.1 months |
Financial Health Grade: B
In 2023, Robert And Kate Niehaus Foundation Inc reported a deficit of $1.6M with expenses exceeding revenue, holds 38.1 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), Robert And Kate Niehaus Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -45.4% | -1.5% | -12.8% |
| 2022 | -26.4% | +6.3% | -3.9% |
| 2021 | +63.7% | +19.8% | +2.7% |
| 2020 | +58.5% | +22.7% | -0.1% |
| 2019 | +32.6% | +73.6% | -15.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
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 Robert And Kate Niehaus Foundation Inc with a Mission Score of 95 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, Robert And Kate Niehaus 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 $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led or externally managed structure for executive functions relative to the organization's multi-million dollar asset base.
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 Robert And Kate Niehaus Foundation Inc:
- Consistent 0% officer compensation, indicating high efficiency in executive overhead.
- Substantial and stable asset base, consistently over $21 million, providing long-term financial security.
- Minimal liabilities, consistently reported as $1 or $750, demonstrating strong financial health and low debt.
- Consistent IRS 990 filing history over a decade, indicating transparency and compliance.
- High potential for program spending given the lack of executive compensation and low liabilities.
Frequently Asked Questions about Robert And Kate Niehaus Foundation Inc
Is Robert And Kate Niehaus Foundation Inc a legitimate charity?
Robert And Kate Niehaus Foundation Inc (EIN: 134007527) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $16.3M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Robert And Kate Niehaus Foundation Inc spend its money?
Robert And Kate Niehaus Foundation Inc directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Robert And Kate Niehaus Foundation Inc tax-deductible?
Robert And Kate Niehaus Foundation Inc is registered as a tax-exempt nonprofit (EIN: 134007527). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Robert And Kate Niehaus Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Robert And Kate Niehaus Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Robert And Kate Niehaus Foundation Inc located?
Robert And Kate Niehaus Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 134007527. It is classified under NTEE code T20.
How many years of IRS 990 filings does Robert And Kate Niehaus Foundation Inc have?
Robert And Kate Niehaus 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 $16.3M in total revenue.
How does the foundation manage its operations without officer compensation?
The consistent 0% officer compensation suggests that the foundation's leadership may be entirely volunteer-based, or that administrative functions are handled by external entities or other staff not classified as officers, allowing more funds to be directed to its mission.
What is the primary focus of the grants made by the Robert And Kate Niehaus Foundation?
While the NTEE code T20 indicates 'Private Grantmaking Foundations', the specific areas of grant-making are not detailed in the provided financial summary. Further investigation into their 990 Schedule I or website would be needed to identify their programmatic focus.
Has the foundation's asset base been growing or shrinking?
The foundation's assets have fluctuated, peaking at over $30 million in 2015 and currently standing at $21,600,753. While there has been some decrease from its peak, the asset base remains substantial and stable over the long term.
What is the foundation's strategy for managing years where expenses exceed revenue, such as in 2023?
In years where expenses exceed revenue (e.g., 2023 with $5,355,352 revenue and $6,905,436 expenses), the foundation likely draws from its substantial asset base to cover grant distributions and operational costs, which is a common practice for endowed foundations.
Filing History
IRS 990 filing history for Robert And Kate Niehaus Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Robert And Kate Niehaus Foundation Inc's revenue has grown by 112.7%, moving from $2.5M to $5.4M. Total assets decreased by 9% over the same period, from $24.1M to $21.9M. Total functional expenses rose by 212.3%, from $2.2M to $6.9M. In its most recent filing year (2023), Robert And Kate Niehaus Foundation Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $1 in liabilities against $21.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.4M | $6.9M | $21.9M | $1 | — | View 990 |
| 2022 | $9.8M | $7.0M | $25.2M | $1 | — | View 990 |
| 2021 | $13.3M | $6.6M | $26.2M | $1 | — | View 990 |
| 2020 | $8.1M | $5.5M | $25.5M | $1 | — | View 990 |
| 2019 | $5.1M | $4.5M | $25.5M | $1 | — | — |
| 2015 | $3.9M | $2.6M | $30.3M | $1 | — | View 990 |
| 2014 | $8.3M | $4.4M | $29.9M | $1 | — | View 990 |
| 2013 | $4.1M | $3.6M | $26.0M | $1 | — | View 990 |
| 2012 | $4.6M | $3.2M | $25.6M | $1 | — | View 990 |
| 2011 | $2.5M | $2.2M | $24.1M | $750 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.4M, expenses of $6.9M, and assets of $21.9M (revenue -45.4% year-over-year).
- 2022: Revenue of $9.8M, expenses of $7.0M, and assets of $25.2M (revenue -26.4% year-over-year).
- 2021: Revenue of $13.3M, expenses of $6.6M, and assets of $26.2M (revenue +63.7% year-over-year).
- 2020: Revenue of $8.1M, expenses of $5.5M, and assets of $25.5M (revenue +58.5% year-over-year).
- 2019: Revenue of $5.1M, expenses of $4.5M, and assets of $25.5M (revenue +32.6% year-over-year).
- 2015: Revenue of $3.9M, expenses of $2.6M, and assets of $30.3M (revenue -53.5% year-over-year).
- 2014: Revenue of $8.3M, expenses of $4.4M, and assets of $29.9M (revenue +104.7% year-over-year).
- 2013: Revenue of $4.1M, expenses of $3.6M, and assets of $26.0M (revenue -11.9% year-over-year).
- 2012: Revenue of $4.6M, expenses of $3.2M, and assets of $25.6M (revenue +83.6% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.2M, and assets of $24.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert And Kate Niehaus Foundation Inc:
Data Sources and Methodology
This transparency report for Robert And Kate Niehaus 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.