Kate J Solomon Family Foundation
Only null% goes to programs Strong reserves Declining revenue
Kate J Solomon Family Foundation is a 501(c)(3) organization based in New York, New York, registered in 2015, with -$3,354 in FY2023 revenue. CharityIndex grades it F.
Strauss Assoc 307 5th Ave Fl 8, New York, NY, 10016 EIN 46-4781227 Since 2015
Revenue (FY2023)
-$3,354
▲ 79.9% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$191K
Net assets
$893K
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 Kate J Solomon 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 →
FFinancial health25% of the rating56 mo reserves · -5803% 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 Kate J Solomon Family Foundation: 56 mo reserves · -5803% 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 Kate J Solomon 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 Kate J Solomon Family Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Strauss Assoc 307 5th Ave Fl 8, New York, NY, 10016
- City
- New York
- State
- New York
- Subcategory
- Private Foundations
Financial trends
Revenue declined from $197K (FY2020) to -$3,354 (FY2023) across 4 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $0Net assets $893K
Operating margin
-5802.9%
Spent more than it raised in the latest fiscal year.
Total assets
$893K
Total liabilities
$0
Net assets
$893K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | -$3,354▲79.9% | $191,274▲149% | $893,091▼17.9% | $893,091▼17.9% | 990PF |
| 2022 | -$16,679▼112% | $76,936▼75.0% | $1,087,719▼7.9% | $1,087,719▼7.9% | 990PF |
| 2021 | $137,606▼30.1% | $307,501▲112% | $1,181,334▼12.6% | $1,181,334▼12.6% | 990PF |
| 2020 | $196,731 | $145,192 | $1,351,229 | $1,351,229 | 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.
Similar organizations in Philanthropy
Compare Kate J Solomon Family Foundation
Frequently asked questions
- Is Kate J Solomon Family Foundation a legitimate nonprofit?
- Yes. Kate J Solomon Family Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 46-4781227, based in New York, New York. Donations are tax-deductible.
- What is Kate J Solomon Family Foundation's EIN?
- Kate J Solomon Family Foundation's Employer Identification Number (EIN) is 46-4781227.
- How much revenue does Kate J Solomon Family Foundation report?
- Kate J Solomon Family Foundation reported -$3,354 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Kate J Solomon Family Foundation have?
- CharityIndex grades Kate J Solomon Family Foundation F, based on financial health (reserves and operating margin).
More nonprofits in New York
Explore more
Data for Kate J Solomon Family Foundation (EIN 46-4781227) 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.