Kaeli Kramer Foundation EIN 27-0315122 Form 990 (PDF) Claim this org

Kaeli Kramer Foundation

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Rescues at-risk horses, offering free education and life skills programs. For fiscal year 2024 it reported $220K in revenue, $313K in expenses, and $849K in net assets.Pt I

Type
Public charity (501(c)(3)) · Animals
Location
Westbury, NY
Filings
5 on file (2020–2024)
Revenue
$220KFY2024
Expenses
$313K
Net assets
$849K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  27-0315122 Public charity (501(c)(3)) Westbury, NY
Form 990 (PDF)
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Size
$100K–1M
What they do
Rescues at-risk horses, offering free education and life skills programs.
Leadership
Linda Nunziato Kramer · President
Money in and out
$220K revenue, $313K expenses
Bottom line
99% program efficiency
Where the money goes · FY2024
Total revenue
$220K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$849K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$93K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01 Fundraising $0.00
Program efficiency
99%
of spending reaches programs+0.4% vs prior filing year
Operating runway
69.0mo
months of highly liquid reserves at operating expense rate▲ +3% vs prior filing year
Surplus margin
-42%
revenue over expenses, this year▲ +45% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$220K
FY2024▲ +54%
Expenses
$313K
FY2024▲ +24%
Total assets
$849K
FY2024▼ -4%
Total liabilities
$0
FY2024
Total revenue
$220K
Pt VIII · Ln 12
Total expenses
$313K
Pt IX · Ln 25
Net assets
$849K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$93K
Total assetsPt X · Ln 16$849K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

1 program service account for $308K of program spending, described in the organization's own filed words · FY2024.
01

To raise money , educate, horse care

$308Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CKaeli Kramer Foundation
EINHdr · item D27-0315122
Principal addressHdr · item CWestbury, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFAnimals (D12)
Ruling yearIRS BMFJul 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$198K · 90%
Investment income$22K · 10%
Contributions & grants90%$198K
Investment income10%$22K
Total revenueLn 12$220K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01 Fundraising $0.00
Program services99%$308K
Management & general1%$3K
Fundraising$1K
Total functional expensesLn 25$313K

Balance Sheet

Part X · end of year
CashLn 1$43K
Total assetsLn 16$849K
Total liabilitiesLn 26$0
Total net assetsLn 32$849K
Months of cash on handcomputed1.7

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $813K · Operating expenses (Pt IX) $313K · Less non-cash grants $171K · Cash operating expenses/yr $141K
69.0 months
Where the money goes
Program services
Program services $308K · Total expenses $313K
99%
Management & General
Management & general $3K · Total expenses $313K
1.0%
Fundraising
Fundraising $1K · Total expenses $313K
0.3%
Cost to raise $1
Fundraising expense (3-yr avg) $2K · Solicited contributions (3-yr avg) $149K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $198K · Total revenue $220K
90%
Government reliance
Government grants — · Total revenue $220K
Earned-income share
Program service revenue $0 · Total revenue $220K
0%
Investment reliance
Investment income $22K · Total revenue $220K
+10%
Program self-sufficiency
Program service revenue $0 · Total expenses $313K
0%
Growth & trend
Revenue growth (YoY)
This year $220K · Prior year $143K
+54%
Revenue CAGR
FY2020 $249K · FY2024 $220K
-3%
Net-asset trend (YoY)
End of year $849K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $220K · Expenses $313K
-42%
Liabilities-to-Assets
Total liabilities — · Total assets $849K
Net-asset ratio
Net assets $849K · Total assets $849K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $770K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $849K
91%
People & payroll
Highest Reported Total Compensation
Individual Linda Nunziato Kramer · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $313K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $115K · Total expenses $313K
37%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1.0%
Fundraising cost ratio 0.5%
Revenue growth 54%
Accounting fee ratio 0.9%
Fundraising fee ratio 0.3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$220K revenue · viewing · ⤓ 990 PDF
FY2023$143K revenue · ⤓ 990 PDF
FY2022$121K revenue · ⤓ 990 PDF
FY2021$920K revenue · ⤓ 990 PDF
FY2020$249K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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