K T Elghanayan Family Foundation
Only null% goes to programs Strong reserves Growing revenue
K T Elghanayan Family Foundation is a 501(c)(3) organization based in New York, New York, registered in 2015, with $2,722,507 in FY2024 revenue. CharityIndex grades it C+.
387 Park Avenue South 7th Fl, New York, NY, 10016 EIN 46-4335058 Since 2015
Revenue (FY2024)
$2.7M
▲ 91.5% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$1.3M
Net assets
$20.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—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 K T Elghanayan Family Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating194 mo reserves · +53% 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 K T Elghanayan Family Foundation: 194 mo reserves · +53% margin earns a B+ 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 K T Elghanayan Family Foundation— 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 K T Elghanayan Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 387 Park Avenue South 7th Fl, New York, NY, 10016
- City
- New York
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $5.3M (FY2014) to $2.7M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $20.6M
Operating margin
53.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$20.6M
Total liabilities
$0
Net assets
$20.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,722,507▲91.5% | $1,274,066▲1.7% | $20,603,581▲7.6% | $20,603,581▲7.6% | 990PF |
| 2023 | $1,421,659▼44.5% | $1,252,836▼11.5% | $19,155,140▲0.9% | $19,155,140▲0.9% | 990PF |
| 2022 | $2,559,914▲57.6% | $1,415,517▲30.9% | $18,986,317▲6.4% | $18,986,317▲6.4% | 990PF |
| 2021 | $1,624,035▲16.7% | $1,081,148▲7.8% | $17,841,920▲3.1% | $17,841,920▲3.1% | 990PF |
| 2020 | $1,391,910▲26.6% | $1,003,281▲6.0% | $17,299,033▲2.3% | $17,302,133▲2.3% | 990PF |
| 2019 | $1,099,104▼44.4% | $946,737▼0.8% | $16,908,041▲0.9% | $16,908,041▲0.9% | 990PF |
| 2018 | $1,976,015▼55.8% | $954,747▲65.4% | $16,755,989▲6.5% | $16,755,989▲6.5% | 990PF |
| 2017 | $4,471,438▲3.6% | $577,109▲308% | $15,733,899▲56.1% | $15,733,899▲56.1% | 990PF |
| 2015 | $4,317,216▼19.1% | $141,527▲79.6% | $10,080,153▲70.8% | $10,080,153▲70.8% | 990PF |
| 2014 | $5,334,070 | $78,790 | $5,902,237 | $5,902,237 | 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.
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Frequently asked questions
- Is K T Elghanayan Family Foundation a legitimate nonprofit?
- Yes. K T Elghanayan Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-4335058, based in New York, New York. Donations are tax-deductible.
- What is K T Elghanayan Family Foundation's EIN?
- K T Elghanayan Family Foundation's Employer Identification Number (EIN) is 46-4335058.
- How much revenue does K T Elghanayan Family Foundation report?
- K T Elghanayan Family Foundation reported $2,722,507 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does K T Elghanayan Family Foundation have?
- CharityIndex grades K T Elghanayan Family Foundation C+, based on financial health (reserves and operating margin).
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Data for K T Elghanayan Family Foundation (EIN 46-4335058) 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.