Tammy And Jay Levine Foundation Inc
Tammy And Jay Levine Foundation Inc. consistently grows assets with no reported officer compensation.
EIN: 204398295 · New Haven, CT · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $869K |
| Program Spending | 90% |
| Net Assets | $12.2M |
| Transparency Score | 90/100 |
Is Tammy And Jay Levine Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tammy And Jay Levine Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tammy And Jay Levine Foundation Inc
Tammy And Jay Levine Foundation Inc (EIN: 204398295) is a nonprofit organization based in New Haven, CT, classified under NTEE code T20. The organization reported total revenue of $4.0M and total assets of $13.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tammy And Jay Levine Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tammy And Jay Levine Foundation Inc is a mid-size nonprofit that has been operating for 20 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 17.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $869K |
| Surplus / Deficit | +$650K |
| Total Assets | $12.2M |
| Total Liabilities | $1 |
| Net Assets | $12.2M |
| Operating Margin | 42.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 168.7 months |
Financial Health Grade: A
In 2022, Tammy And Jay Levine Foundation Inc reported a surplus of $650K with revenue exceeding expenses, holds 168.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Tammy And Jay Levine Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +247.4% | +36.9% | +2.7% |
| 2021 | -79.1% | -59.8% | -3.6% |
| 2020 | +194.8% | +80.3% | +5.1% |
| 2019 | -60.6% | +19.1% | -1.2% |
| 2015 | -4.9% | +13.0% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Tammy And Jay Levine 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Tammy And Jay Levine Foundation Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $650K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization reports 0% officer compensation across all nine available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for a foundation of its size.
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 Tammy And Jay Levine Foundation Inc:
- Consistent asset growth, from $9.2M in 2011 to $13.6M currently.
- No reported officer compensation across all filings, indicating high efficiency.
- Expenses consistently lower than revenue in most periods, allowing for financial stability and growth.
- Regular and transparent IRS 990 filing history (9 filings).
Frequently Asked Questions about Tammy And Jay Levine Foundation Inc
Is Tammy And Jay Levine Foundation Inc a legitimate charity?
Tammy And Jay Levine Foundation Inc (EIN: 204398295) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 90/100. It has 9 years of IRS 990 filings on record. Total revenue: $4.0M. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Tammy And Jay Levine Foundation Inc spend its money?
Tammy And Jay Levine Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Tammy And Jay Levine Foundation Inc tax-deductible?
Tammy And Jay Levine Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204398295). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Tammy And Jay Levine Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Tammy And Jay Levine 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 Tammy And Jay Levine Foundation Inc located?
Tammy And Jay Levine Foundation Inc is headquartered in New Haven, Connecticut and files with the IRS under EIN 204398295. It is classified under NTEE code T20.
How many years of IRS 990 filings does Tammy And Jay Levine Foundation Inc have?
Tammy And Jay Levine Foundation Inc has 9 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 $4.0M in total revenue.
Is Tammy And Jay Levine Foundation Inc. a good charity?
Based on its financial data, the foundation appears to be a well-managed grant-making entity with consistent asset growth and no reported officer compensation, suggesting a strong commitment to its mission and efficient use of funds.
How does the foundation manage its expenses?
The foundation consistently manages its expenses well below its revenue in most years, such as in 2022 where expenses were $868,519 against $1,518,162 in revenue, contributing to its significant asset growth.
What is the trend in the foundation's assets?
The foundation shows a strong upward trend in assets, growing from $9,207,241 in 2011 to $13,627,246 in its latest filing, indicating effective financial management and investment strategies.
Filing History
IRS 990 filing history for Tammy And Jay Levine Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Tammy And Jay Levine Foundation Inc's revenue has grown by 463.1%, moving from $270K to $1.5M. Total assets increased by 32.6% over the same period, from $9.2M to $12.2M. Total functional expenses rose by 76.7%, from $491K to $869K. In its most recent filing year (2022), Tammy And Jay Levine Foundation Inc reported a surplus of $650K, with revenue exceeding expenses. The organization holds $1 in liabilities against $12.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $12.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.5M | $869K | $12.2M | $1 | — | View 990 |
| 2021 | $437K | $634K | $11.9M | $1 | — | View 990 |
| 2020 | $2.1M | $1.6M | $12.3M | $1 | — | View 990 |
| 2019 | $708K | $876K | $11.7M | $0 | — | View 990 |
| 2015 | $1.8M | $735K | $11.9M | $0 | — | View 990 |
| 2014 | $1.9M | $650K | $11.4M | $0 | — | View 990 |
| 2013 | $1.4M | $631K | $10.4M | $0 | — | View 990 |
| 2012 | $879K | $540K | $9.6M | $0 | — | View 990 |
| 2011 | $270K | $491K | $9.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.5M, expenses of $869K, and assets of $12.2M (revenue +247.4% year-over-year).
- 2021: Revenue of $437K, expenses of $634K, and assets of $11.9M (revenue -79.1% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.6M, and assets of $12.3M (revenue +194.8% year-over-year).
- 2019: Revenue of $708K, expenses of $876K, and assets of $11.7M (revenue -60.6% year-over-year).
- 2015: Revenue of $1.8M, expenses of $735K, and assets of $11.9M (revenue -4.9% year-over-year).
- 2014: Revenue of $1.9M, expenses of $650K, and assets of $11.4M (revenue +34.1% year-over-year).
- 2013: Revenue of $1.4M, expenses of $631K, and assets of $10.4M (revenue +60.4% year-over-year).
- 2012: Revenue of $879K, expenses of $540K, and assets of $9.6M (revenue +225.9% year-over-year).
- 2011: Revenue of $270K, expenses of $491K, and assets of $9.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tammy And Jay Levine Foundation Inc:
Data Sources and Methodology
This transparency report for Tammy And Jay Levine 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.