Steven M & Linda V Koffman Foundation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Steven M & Linda V Koffman Foundation is a 501(c)(3) organization based in Binghamton, New York, registered in 1988, with $7,198 in FY2024 revenue. CharityIndex grades it F.
Po Box 1330, Binghamton, NY, 13902 EIN 22-2932359 Since 1988
Revenue (FY2024)
$7,198
▲ 123.1% vs prior year
Expenses (FY2024)
$13K
Net assets
$33K
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 Steven M & Linda V Koffman 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 rating31 mo reserves · -80% 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 Steven M & Linda V Koffman Foundation: 31 mo reserves · -80% 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 Steven M & Linda V Koffman 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 Steven M & Linda V Koffman Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 1330, Binghamton, NY, 13902
- City
- Binghamton
- State
- New York
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $3,540 (FY2019) to $7,198 (FY2024) across 6 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $33K
Operating margin
-80.1%
Spent more than it raised in the latest fiscal year.
Total assets
$33K
Total liabilities
$0
Net assets
$33K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $7,198▲123% | $12,963▼9.7% | $33,136▼14.8% | $33,136▼14.8% | 990PF |
| 2023 | $3,226▼16.1% | $14,359▲62.2% | $38,901▼22.3% | $38,901▼22.3% | 990PF |
| 2022 | $3,845▼57.9% | $8,854▼28.8% | $50,034▼9.1% | $50,034▼9.1% | 990PF |
| 2021 | $9,132▲47.4% | $12,439▼0.1% | $55,043▼5.7% | $55,043▼5.7% | 990PF |
| 2020 | $6,196▲75.0% | $12,447▼8.2% | $58,350▼9.7% | $58,350▼9.7% | 990PF |
| 2019 | $3,540 | $13,562 | $64,601 | $64,601 | 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 Steven M & Linda V Koffman Foundation a legitimate nonprofit?
- Yes. Steven M & Linda V Koffman Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2932359, based in Binghamton, New York. Donations are tax-deductible.
- What is Steven M & Linda V Koffman Foundation's EIN?
- Steven M & Linda V Koffman Foundation's Employer Identification Number (EIN) is 22-2932359.
- How much revenue does Steven M & Linda V Koffman Foundation report?
- Steven M & Linda V Koffman Foundation reported $7,198 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Steven M & Linda V Koffman Foundation have?
- CharityIndex grades Steven M & Linda V Koffman Foundation F, based on financial health (reserves and operating margin).
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Data for Steven M & Linda V Koffman Foundation (EIN 22-2932359) 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.