Volcker Family Foundation Inc
Volcker Family Foundation maintains strong assets and zero officer compensation amidst fluctuating revenues.
EIN: 133917327 · New York, NY · NTEE: T20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.3M |
| Total Expenses | $1.0M |
| Program Spending | 90% |
| Net Assets | $26.0M |
| Transparency Score | 95/100 |
Is Volcker Family Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Volcker Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Volcker Family Foundation Inc
Volcker Family Foundation Inc (EIN: 133917327) is a nonprofit organization based in New York, NY, classified under NTEE code T20Z. The organization reported total revenue of $16.3M and total assets of $27.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Volcker Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Volcker Family Foundation Inc is a large nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $394K |
| Total Expenses | $1.0M |
| Surplus / Deficit | $-630,791 |
| Total Assets | $26.0M |
| Total Liabilities | $1 |
| Net Assets | $26.0M |
| Operating Margin | -160.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 304.8 months |
Financial Health Grade: B
In 2023, Volcker Family Foundation Inc reported a deficit of $631K with expenses exceeding revenue, holds 304.8 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), Volcker Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -69.5% | -31.3% | -2.4% |
| 2022 | -91.5% | +34.7% | -0.7% |
| 2021 | +47.6% | +260.5% | +111.9% |
| 2020 | +1243.1% | -55.9% | +384.3% |
| 2019 | +281.0% | +1702.0% | +29.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Volcker Family Foundation Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Volcker Family 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $631K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers. This suggests a highly efficient operational model where leadership is either volunteer-based or compensated through other means not reported as officer compensation, which is highly favorable for resource allocation.
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 Volcker Family Foundation Inc:
- Consistently reports 0% officer compensation, indicating high efficiency in leadership costs.
- Maintains a very strong and growing asset base, reaching $27,176,805, providing financial stability.
- Reports minimal liabilities across all filings, often just $1, signifying excellent financial health.
- Strong program focus implied by the nature of a private grantmaking foundation and low administrative overhead.
Frequently Asked Questions about Volcker Family Foundation Inc
Is Volcker Family Foundation Inc a legitimate charity?
Volcker Family Foundation Inc (EIN: 133917327) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 10 years of IRS 990 filings on record. Total revenue: $16.3M. No red flags identified. 4 strengths noted. Financial health grade: B.
How does Volcker Family Foundation Inc spend its money?
Volcker Family Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Volcker Family Foundation Inc tax-deductible?
Volcker Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133917327). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Volcker Family Foundation Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Volcker Family Foundation Inc is above average for NTEE category T20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Volcker Family Foundation Inc located?
Volcker Family Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133917327. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Volcker Family Foundation Inc have?
Volcker Family Foundation Inc 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 $16.3M in total revenue.
How does the Volcker Family Foundation Inc. manage its significant revenue fluctuations?
The foundation appears to manage revenue fluctuations by maintaining a robust asset base, which has grown from $4,558,399 in 2011 to $27,176,805 currently. This strong asset base likely provides stability and allows the foundation to continue its operations even in years with lower revenue, such as 2023 where revenue was $394,144 against expenses of $1,024,935.
What is the primary use of the foundation's funds given the zero officer compensation?
With zero officer compensation reported, the primary use of funds would be directed towards program services and necessary administrative overhead. The consistent low expenses relative to assets, and the nature of a family foundation (NTEE T20Z - Private Grantmaking Foundations), suggest funds are primarily used for grants and charitable distributions aligned with its mission.
Is the Volcker Family Foundation Inc. financially sustainable?
Yes, the Volcker Family Foundation Inc. appears financially sustainable. Its substantial and growing asset base ($27,176,805) far exceeds its annual expenses, even in years where expenses outpace revenue (e.g., 2023 expenses of $1,024,935 vs. revenue of $394,144). The minimal liabilities also contribute to its strong financial health.
Filing History
IRS 990 filing history for Volcker Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Volcker Family Foundation Inc's revenue has grown by 108.9%, moving from $189K to $394K. Total assets increased by 471.2% over the same period, from $4.6M to $26.0M. Total functional expenses rose by 3130.4%, from $32K to $1.0M. In its most recent filing year (2023), Volcker Family Foundation Inc reported a deficit of $631K, with expenses exceeding revenue. The organization holds $1 in liabilities against $26.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $26.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $394K | $1.0M | $26.0M | $1 | — | View 990 |
| 2022 | $1.3M | $1.5M | $26.7M | $1 | — | View 990 |
| 2021 | $15.3M | $1.1M | $26.9M | $1 | — | View 990 |
| 2020 | $10.4M | $307K | $12.7M | $1 | — | — |
| 2019 | $772K | $697K | $2.6M | $0 | — | View 990 |
| 2015 | $203K | $39K | $2.0M | $0 | — | View 990 |
| 2014 | $263K | $325K | $1.9M | $0 | — | View 990 |
| 2013 | $378K | $5.3M | $2.0M | $0 | — | View 990 |
| 2012 | $2.1M | $306K | $5.0M | $0 | — | View 990 |
| 2011 | $189K | $32K | $4.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $394K, expenses of $1.0M, and assets of $26.0M (revenue -69.5% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.5M, and assets of $26.7M (revenue -91.5% year-over-year).
- 2021: Revenue of $15.3M, expenses of $1.1M, and assets of $26.9M (revenue +47.6% year-over-year).
- 2020: Revenue of $10.4M, expenses of $307K, and assets of $12.7M (revenue +1243.1% year-over-year).
- 2019: Revenue of $772K, expenses of $697K, and assets of $2.6M (revenue +281.0% year-over-year).
- 2015: Revenue of $203K, expenses of $39K, and assets of $2.0M (revenue -22.9% year-over-year).
- 2014: Revenue of $263K, expenses of $325K, and assets of $1.9M (revenue -30.5% year-over-year).
- 2013: Revenue of $378K, expenses of $5.3M, and assets of $2.0M (revenue -81.8% year-over-year).
- 2012: Revenue of $2.1M, expenses of $306K, and assets of $5.0M (revenue +1001.6% year-over-year).
- 2011: Revenue of $189K, expenses of $32K, and assets of $4.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Volcker Family Foundation Inc:
Data Sources and Methodology
This transparency report for Volcker 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.