Iris J & Saul B Katz Foundation Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Iris J & Saul B Katz Foundation Inc is a 501(c)(3) organization based in Great Neck, New York, registered in 1983, with $729,666 in FY2024 revenue. CharityIndex grades it F.
111 Great Neck Rd Ste 408, Great Neck, NY, 11021 EIN 11-2626656 Since 1983
Revenue (FY2024)
$730K
▼ 3.2% vs prior year
Expenses (FY2024)
$3.0M
Net assets
$22.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Iris J & Saul B Katz Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating91 mo reserves · -305% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Iris J & Saul B Katz Foundation Inc: 91 mo reserves · -305% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Iris J & Saul B Katz Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Iris J & Saul B Katz Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 111 Great Neck Rd Ste 408, Great Neck, NY, 11021
- City
- Great Neck
- State
- New York
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $259K (FY2013) to $730K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $355Net assets $22.5M
Operating margin
-304.7%
Spent more than it raised in the latest fiscal year.
Total assets
$22.5M
Total liabilities
$355
Net assets
$22.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $729,666▼3.2% | $2,953,059▼9.8% | $22,485,252▼5.9% | $22,485,607▼5.9% | 990PF |
| 2023 | $753,410▼97.0% | $3,273,894▲7.4% | $23,892,665▼6.5% | $23,892,665▼6.5% | 990PF |
| 2022 | $24,932,981▲383% | $3,049,609▼37.7% | $25,553,254▲385% | $25,553,254▲385% | 990PF |
| 2021 | $5,159,874▲934% | $4,891,294▲1314% | $5,264,503▲28.8% | $5,264,503▲25.6% | 990PF |
| 2020 | $499,207▼58.6% | $345,884▼63.9% | $4,088,897▲15.2% | $4,191,942▲13.1% | 990PF |
| 2019 | $1,207,152▼61.9% | $957,086▼59.7% | $3,548,785▲18.1% | $3,706,903▲11.6% | 990PF |
| 2018 | $3,170,881▲370% | $2,375,388▲375% | $3,005,342▲24.9% | $3,321,568▲14.9% | 990PF |
| 2017 | $675,007▼84.6% | $500,104▼75.5% | $2,406,982▲19.4% | $2,890,655▲7.3% | 990PF |
| 2016 | $4,375,496▲131% | $2,038,990▲421% | $2,016,313▲48.0% | $2,694,236▲15.2% | 990PF |
| 2015 | $1,896,173▲4.8% | $391,178▼74.9% | $1,361,932▲296% | $2,338,838▲297% | 990PF |
| 2014 | $1,809,426▲600% | $1,557,306▲292% | -$694,005▲11.4% | $589,468▼24.6% | 990PF |
| 2013 | $258,603 | $397,755▼87.0% | -$783,206▼5.5% | $781,429▼9.5% | 990PF |
| 2012 | — | $3,051,755 | -$742,115 | $863,256 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Frequently asked questions
- Is Iris J & Saul B Katz Foundation Inc a legitimate nonprofit?
- Yes. Iris J & Saul B Katz Foundation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 11-2626656, based in Great Neck, New York. Donations are tax-deductible.
- What is Iris J & Saul B Katz Foundation Inc's EIN?
- Iris J & Saul B Katz Foundation Inc's Employer Identification Number (EIN) is 11-2626656.
- How much revenue does Iris J & Saul B Katz Foundation Inc report?
- Iris J & Saul B Katz Foundation Inc reported $729,666 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Iris J & Saul B Katz Foundation Inc have?
- CharityIndex grades Iris J & Saul B Katz Foundation Inc F, based on financial health (reserves and operating margin).
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Data for Iris J & Saul B Katz Foundation Inc (EIN 11-2626656) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.