The Smart Family Foundation Inc
EIN: 61232323 · New Rochelle, NY
Is The Smart Family Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Smart Family Foundation Inc
The Smart Family Foundation Inc (EIN: 61232323) is a nonprofit organization based in New Rochelle, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Smart Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Smart Family Foundation Inc is a large nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.7M |
| Total Expenses | $11.9M |
| Surplus / Deficit | +$6.9M |
| Total Assets | $106.7M |
| Net Assets | $106.7M |
| Operating Margin | 36.7% |
| Months of Reserves | 107.9 months |
Financial Health Grade: A
In 2015, The Smart Family Foundation Inc reported a surplus of $6.9M with revenue exceeding expenses, holds 107.9 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2011–2015), The Smart Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +62.8% | +14.4% | +6.9% |
| 2014 | +16.0% | +16.4% | +1.2% |
| 2013 | -38.7% | -3.2% | +1.0% |
| 2012 | +19.3% | +28.0% | +7.7% |
AI Analysis Pending
AI enrichment for The Smart Family Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Smart Family Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6.9M, with revenue exceeding expenses.
Frequently Asked Questions about The Smart Family Foundation Inc
Is The Smart Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Smart Family Foundation Inc (EIN: 61232323) insufficient data. 0 red flags identified, 0 strengths noted.
How does The Smart Family Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for The Smart Family Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to The Smart Family Foundation Inc tax-deductible?
The Smart Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 61232323). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for The Smart Family Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Smart Family Foundation Inc's revenue has grown by 38.1%, moving from $13.6M to $18.7M. Total assets increased by 17.7% over the same period, from $90.6M to $106.7M. Total functional expenses rose by 64.9%, from $7.2M to $11.9M. In its most recent filing year (2015), The Smart Family Foundation Inc reported a surplus of $6.9M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $18.7M | $11.9M | $106.7M | $0 | — | View 990 |
| 2014 | $11.5M | $10.4M | $99.8M | $0 | — | View 990 |
| 2013 | $9.9M | $8.9M | $98.7M | $0 | — | View 990 |
| 2012 | $16.2M | $9.2M | $97.6M | $0 | — | View 990 |
| 2011 | $13.6M | $7.2M | $90.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $18.7M, expenses of $11.9M, and assets of $106.7M (revenue +62.8% year-over-year).
- 2014: Revenue of $11.5M, expenses of $10.4M, and assets of $99.8M (revenue +16.0% year-over-year).
- 2013: Revenue of $9.9M, expenses of $8.9M, and assets of $98.7M (revenue -38.7% year-over-year).
- 2012: Revenue of $16.2M, expenses of $9.2M, and assets of $97.6M (revenue +19.3% year-over-year).
- 2011: Revenue of $13.6M, expenses of $7.2M, and assets of $90.6M.
Data Sources and Methodology
This transparency report for The Smart Family 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.