Thomas And Janet Montag Family Foundation
Thomas And Janet Montag Family Foundation maintains strong assets and reports no officer compensation.
EIN: 137103239 · New York, NY · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10.0M |
| Total Expenses | $1.8M |
| Program Spending | 95% |
| CEO/Top Officer Pay | $32 |
| Net Assets | $25.3M |
| Transparency Score | 95/100 |
Is Thomas And Janet Montag Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thomas And Janet Montag Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Thomas And Janet Montag Family Foundation
Thomas And Janet Montag Family Foundation (EIN: 137103239) is a nonprofit organization based in New York, NY, classified under NTEE code T20. The organization reported total revenue of $10.0M and total assets of $32.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas And Janet Montag Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas And Janet Montag Family Foundation is a mid-size nonprofit that has been operating for 13 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -15.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-395,060 |
| Total Assets | $25.3M |
| Total Liabilities | $1 |
| Net Assets | $25.3M |
| Operating Margin | -28.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 171.1 months |
Financial Health Grade: B
In 2023, Thomas And Janet Montag Family Foundation reported a deficit of $395K with expenses exceeding revenue, holds 171.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2014–2023), Thomas And Janet Montag Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.6% | -18.5% | +1.0% |
| 2022 | -76.3% | +100.0% | -1.2% |
| 2021 | +1.4% | -72.6% | +36.8% |
| 2020 | +512.4% | +263.6% | -8.7% |
| 2019 | -72.0% | +134.9% | +499.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
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 Thomas And Janet Montag Family Foundation 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, Thomas And Janet Montag Family Foundation 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 $395K, 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 no officers or key employees receive salaries from the foundation, which is highly efficient for a foundation of its size with assets over $32 million.
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 Thomas And Janet Montag Family Foundation:
- Consistently minimal liabilities ($0 or $1) indicating strong financial stability.
- No reported officer compensation across all filings, demonstrating exceptional spending efficiency.
- Significant asset growth from $3.3M in 2014 to $32.1M in the latest period, indicating effective asset management.
- Strong financial health with substantial assets relative to annual expenses.
- High transparency regarding administrative costs due to 0% officer compensation.
Frequently Asked Questions about Thomas And Janet Montag Family Foundation
Is Thomas And Janet Montag Family Foundation a legitimate charity?
Thomas And Janet Montag Family Foundation (EIN: 137103239) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 7 years of IRS 990 filings on record. Total revenue: $10.0M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Thomas And Janet Montag Family Foundation spend its money?
Thomas And Janet Montag Family Foundation directs 95% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Thomas And Janet Montag Family Foundation tax-deductible?
Thomas And Janet Montag Family Foundation is registered as a tax-exempt nonprofit (EIN: 137103239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Thomas And Janet Montag Family Foundation CEO make?
Thomas And Janet Montag Family Foundation's highest-compensated officer earns $32 annually. The organization reported $10.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Thomas And Janet Montag Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Thomas And Janet Montag Family Foundation 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 Thomas And Janet Montag Family Foundation located?
Thomas And Janet Montag Family Foundation is headquartered in New York, New York and files with the IRS under EIN 137103239. It is classified under NTEE code T20.
How many years of IRS 990 filings does Thomas And Janet Montag Family Foundation have?
Thomas And Janet Montag Family Foundation has 7 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 $10.0M in total revenue.
What specific programs or grants does the Thomas And Janet Montag Family Foundation support?
The provided IRS 990 data does not detail specific program beneficiaries or grant recipients, only financial aggregates. To understand specific programs, one would need to review the full 990 forms, particularly Schedule I.
How does the foundation manage its operations without officer compensation?
The absence of reported officer compensation suggests that the foundation's operations are likely managed by unpaid volunteers, board members, or through external services that are not categorized as officer compensation. This is common for private family foundations.
What caused the significant revenue fluctuation, such as $7.9M in 2021 versus $1.3M in 2023?
Revenue fluctuations for foundations often stem from investment performance, contributions from founders/donors, or other non-operating income. Without detailed Schedule A or D, the exact cause cannot be determined from the summary data.
Filing History
IRS 990 filing history for Thomas And Janet Montag Family Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Thomas And Janet Montag Family Foundation's revenue has declined by 77.9%, moving from $6.2M to $1.4M. Total assets increased by 663.2% over the same period, from $3.3M to $25.3M. Total functional expenses rose by 927.9%, from $173K to $1.8M. In its most recent filing year (2023), Thomas And Janet Montag Family Foundation reported a deficit of $395K, with expenses exceeding revenue. The organization holds $1 in liabilities against $25.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $25.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.8M | $25.3M | $1 | — | — |
| 2022 | $1.9M | $2.2M | $25.0M | $1 | — | View 990 |
| 2021 | $7.9M | $1.1M | $25.3M | $1 | — | — |
| 2020 | $7.8M | $4.0M | $18.5M | $1 | — | — |
| 2019 | $1.3M | $1.1M | $20.3M | $0 | — | View 990 |
| 2015 | $4.6M | $465K | $3.4M | $0 | — | View 990 |
| 2014 | $6.2M | $173K | $3.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.8M, and assets of $25.3M (revenue -26.6% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.2M, and assets of $25.0M (revenue -76.3% year-over-year).
- 2021: Revenue of $7.9M, expenses of $1.1M, and assets of $25.3M (revenue +1.4% year-over-year).
- 2020: Revenue of $7.8M, expenses of $4.0M, and assets of $18.5M (revenue +512.4% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $20.3M (revenue -72.0% year-over-year).
- 2015: Revenue of $4.6M, expenses of $465K, and assets of $3.4M (revenue -26.9% year-over-year).
- 2014: Revenue of $6.2M, expenses of $173K, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas And Janet Montag Family Foundation:
Data Sources and Methodology
This transparency report for Thomas And Janet Montag Family 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.