Sonia Jaye Foundation
Sonia Jaye Foundation consistently operates at a deficit with expenses far exceeding revenue in recent years.
EIN: 134270505 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $50.3M |
| Total Expenses | $106K |
| Program Spending | 75% |
| Net Assets | $483K |
| Transparency Score | 45/100 |
Is Sonia Jaye Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sonia Jaye Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sonia Jaye Foundation
Sonia Jaye Foundation (EIN: 134270505) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $50.3M and total assets of $43.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sonia Jaye Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sonia Jaye Foundation is a major nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -22.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $106K |
| Surplus / Deficit | $-100,940 |
| Total Assets | $483K |
| Total Liabilities | $1 |
| Net Assets | $483K |
| Operating Margin | -2087.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 54.8 months |
Financial Health Grade: B
In 2023, Sonia Jaye Foundation reported a deficit of $101K with expenses exceeding revenue, holds 54.8 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), Sonia Jaye Foundation's revenue has declined at a compound annual growth rate (CAGR) of -22.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8533.9% | +15570.4% | -17.3% |
| 2022 | -32.5% | -99.8% | -0.1% |
| 2021 | -97.5% | +1127.0% | -34.2% |
| 2020 | -96.3% | +456.9% | -2.4% |
| 2019 | +8736.4% | -97.5% | +46.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Sonia Jaye Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Sonia Jaye Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $101K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through means not captured in this specific officer compensation field, which is positive for minimizing overhead.
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 Sonia Jaye Foundation's IRS 990 filings:
- Consistent and significant operational deficits (e.g., 2023 revenue $4,835 vs. expenses $105,775)
- Extremely low revenue generation in recent years relative to expenses
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- High asset base with unclear utilization strategy given operational deficits
Strengths
The following positive indicators were identified for Sonia Jaye Foundation:
- No reported officer compensation, suggesting volunteer leadership or efficient compensation structure
- Consistent filing of IRS 990 forms, indicating transparency in reporting
- Substantial asset base ($43,317,943) which could support future initiatives if managed effectively
Frequently Asked Questions about Sonia Jaye Foundation
Is Sonia Jaye Foundation a legitimate charity?
Sonia Jaye Foundation (EIN: 134270505) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $50.3M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Sonia Jaye Foundation spend its money?
Sonia Jaye Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Sonia Jaye Foundation tax-deductible?
Sonia Jaye Foundation is registered as a tax-exempt nonprofit (EIN: 134270505). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sonia Jaye Foundation's spending goes to programs?
Sonia Jaye Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sonia Jaye Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Sonia Jaye Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sonia Jaye Foundation located?
Sonia Jaye Foundation is headquartered in New York, New York and files with the IRS under EIN 134270505. It is classified under NTEE code T20.
How many years of IRS 990 filings does Sonia Jaye Foundation have?
Sonia Jaye 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 $50.3M in total revenue.
How does the Sonia Jaye Foundation cover its significant operational deficits given its low reported revenue?
The provided data shows consistent operational deficits, for example, $4,835 revenue vs. $105,775 expenses in 2023. It's unclear from this summary how these deficits are funded, potentially through drawing down assets or other unreported income sources.
What is the primary use of the organization's substantial assets ($43,317,943)?
With an NTEE code of T20 (Grantmaking Foundations), it's plausible these assets are held for investment and grantmaking purposes, but the specific allocation and utilization are not detailed in the provided financial summary.
What are the specific program activities and their associated costs?
The provided data does not offer a breakdown of expenses into program, administrative, or fundraising categories, making it difficult to assess the nature and cost of its program activities.
Filing History
IRS 990 filing history for Sonia Jaye Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Sonia Jaye Foundation's revenue has declined by 95.2%, moving from $100K to $5K. Total assets decreased by 19.4% over the same period, from $600K to $483K. Total functional expenses rose by 14489.7%, from $725 to $106K. In its most recent filing year (2023), Sonia Jaye Foundation reported a deficit of $101K, with expenses exceeding revenue. The organization holds $1 in liabilities against $483K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $483K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $106K | $483K | $1 | — | View 990 |
| 2022 | $56 | $675 | $584K | $1 | — | View 990 |
| 2021 | $83 | $304K | $585K | $1 | — | — |
| 2020 | $3K | $25K | $888K | $1 | — | View 990 |
| 2019 | $89K | $4K | $910K | $1 | — | View 990 |
| 2015 | $1K | $176K | $622K | $1 | — | View 990 |
| 2014 | $407 | $2K | $797K | $1 | — | View 990 |
| 2013 | $100K | $985 | $798K | $1 | — | View 990 |
| 2012 | $100K | $730 | $699K | $1 | — | View 990 |
| 2011 | $100K | $725 | $600K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $106K, and assets of $483K (revenue +8533.9% year-over-year).
- 2022: Revenue of $56, expenses of $675, and assets of $584K (revenue -32.5% year-over-year).
- 2021: Revenue of $83, expenses of $304K, and assets of $585K (revenue -97.5% year-over-year).
- 2020: Revenue of $3K, expenses of $25K, and assets of $888K (revenue -96.3% year-over-year).
- 2019: Revenue of $89K, expenses of $4K, and assets of $910K (revenue +8736.4% year-over-year).
- 2015: Revenue of $1K, expenses of $176K, and assets of $622K (revenue +147.4% year-over-year).
- 2014: Revenue of $407, expenses of $2K, and assets of $797K (revenue -99.6% year-over-year).
- 2013: Revenue of $100K, expenses of $985, and assets of $798K (revenue +0.0% year-over-year).
- 2012: Revenue of $100K, expenses of $730, and assets of $699K (revenue +-0.0% year-over-year).
- 2011: Revenue of $100K, expenses of $725, and assets of $600K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sonia Jaye Foundation:
Data Sources and Methodology
This transparency report for Sonia Jaye 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.