The Marie Josee And Henry R Kravis Foundation
Kravis Foundation shows strong revenue and asset growth with zero reported officer compensation.
EIN: 133341521 · Miami, FL · Updated: 2026-03-28
Is The Marie Josee And Henry R Kravis Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Marie Josee And Henry R Kravis Foundation directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Marie Josee And Henry R Kravis Foundation
The Marie Josee And Henry R Kravis Foundation (EIN: 133341521) is a nonprofit organization based in Miami, FL. The organization reported total revenue of $130.1M and total assets of $68.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Marie Josee And Henry R Kravis Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Marie Josee And Henry R Kravis Foundation is a major nonprofit that has been operating for 40 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 19.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $92.9M |
| Total Expenses | $56.1M |
| Surplus / Deficit | +$36.8M |
| Total Assets | $47.0M |
| Total Liabilities | $1 |
| Net Assets | $47.0M |
| Operating Margin | 39.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 10.0 months |
Financial Health Grade: A
In 2023, The Marie Josee And Henry R Kravis Foundation reported a surplus of $36.8M with revenue exceeding expenses, holds 10.0 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), The Marie Josee And Henry R Kravis Foundation's revenue has grown at a compound annual growth rate (CAGR) of 19.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +308.7% | -1.3% | +359.3% |
| 2022 | -77.6% | +61.5% | -84.3% |
| 2021 | +11.1% | +31.1% | +38.3% |
| 2020 | +63.9% | -63.2% | +500.4% |
| 2019 | +16.6% | +56.4% | -59.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 The Marie Josee And Henry R Kravis 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, The Marie Josee And Henry R Kravis Foundation allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 $36.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly favorable for a nonprofit of its size with significant revenue and assets.
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 The Marie Josee And Henry R Kravis Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full efficiency analysis.
Strengths
The following positive indicators were identified for The Marie Josee And Henry R Kravis Foundation:
- Consistent 0% officer compensation, indicating high dedication of funds to mission.
- Significant and growing asset base, reaching $68,243,614, providing financial stability.
- Strong revenue generation capacity, with latest revenue at $130,139,307.
- Positive net assets in most recent filings, indicating financial health.
Frequently Asked Questions about The Marie Josee And Henry R Kravis Foundation
Is The Marie Josee And Henry R Kravis Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Marie Josee And Henry R Kravis Foundation (EIN: 133341521) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does The Marie Josee And Henry R Kravis Foundation spend its money?
The Marie Josee And Henry R Kravis Foundation directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Marie Josee And Henry R Kravis Foundation tax-deductible?
The Marie Josee And Henry R Kravis Foundation is registered as a tax-exempt nonprofit (EIN: 133341521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Marie Josee And Henry R Kravis Foundation a good charity?
Based on the available data, the foundation appears to be a good charity, primarily due to its consistent reporting of 0% officer compensation and substantial financial resources. However, without a detailed breakdown of program spending versus administrative and fundraising costs, a complete assessment of its efficiency in delivering on its mission is limited.
How does the foundation manage its liabilities?
The foundation's liabilities have fluctuated significantly over the years, ranging from $1 in 2023 and 2022 to $93,800,000 in 2019. This variability suggests active financial management, but without further context on the nature of these liabilities, it's difficult to assess the specific strategies employed.
What is the trend in the foundation's revenue?
The foundation's revenue has shown considerable fluctuation, with peaks such as $101,287,799 in 2021 and $92,903,635 in 2023, and lower points like $368,602 in 2013. This indicates a non-linear but generally strong capacity to attract funds.
Filing History
IRS 990 filing history for The Marie Josee And Henry R Kravis Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Marie Josee And Henry R Kravis Foundation's revenue has grown by 758.2%, moving from $10.8M to $92.9M. Total assets increased by 2625.1% over the same period, from $1.7M to $47.0M. Total functional expenses rose by 289%, from $14.4M to $56.1M. In its most recent filing year (2023), The Marie Josee And Henry R Kravis Foundation reported a surplus of $36.8M, with revenue exceeding expenses. The organization holds $1 in liabilities against $47.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $47.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $92.9M | $56.1M | $47.0M | $1 | — | View 990 |
| 2022 | $22.7M | $56.9M | $10.2M | $1 | — | — |
| 2021 | $101.3M | $35.2M | $65.2M | $20.8M | — | View 990 |
| 2020 | $91.1M | $26.9M | $47.1M | $68.8M | — | — |
| 2019 | $55.6M | $73.0M | $7.8M | $93.8M | — | — |
| 2015 | $47.7M | $46.7M | $19.3M | $24.0M | — | View 990 |
| 2014 | $38.3M | $39.1M | $2.2M | $8.0M | — | View 990 |
| 2013 | $369K | $21.8M | $1.6M | $6.5M | — | View 990 |
| 2012 | $38.9M | $21.1M | $16.5M | $1 | — | View 990 |
| 2011 | $10.8M | $14.4M | $1.7M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $92.9M, expenses of $56.1M, and assets of $47.0M (revenue +308.7% year-over-year).
- 2022: Revenue of $22.7M, expenses of $56.9M, and assets of $10.2M (revenue -77.6% year-over-year).
- 2021: Revenue of $101.3M, expenses of $35.2M, and assets of $65.2M (revenue +11.1% year-over-year).
- 2020: Revenue of $91.1M, expenses of $26.9M, and assets of $47.1M (revenue +63.9% year-over-year).
- 2019: Revenue of $55.6M, expenses of $73.0M, and assets of $7.8M (revenue +16.6% year-over-year).
- 2015: Revenue of $47.7M, expenses of $46.7M, and assets of $19.3M (revenue +24.5% year-over-year).
- 2014: Revenue of $38.3M, expenses of $39.1M, and assets of $2.2M (revenue +10289.7% year-over-year).
- 2013: Revenue of $369K, expenses of $21.8M, and assets of $1.6M (revenue -99.1% year-over-year).
- 2012: Revenue of $38.9M, expenses of $21.1M, and assets of $16.5M (revenue +259.6% year-over-year).
- 2011: Revenue of $10.8M, expenses of $14.4M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Marie Josee And Henry R Kravis Foundation:
Data Sources and Methodology
This transparency report for The Marie Josee And Henry R Kravis 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.