Skip to content
ProPublica Donate
ProPublica Donate

The Jain Family Institute

  • New York, NY
  • Tax-exempt since June 2016
  • EIN: 47-4407203

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Student Services, Organizations of Students (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$5.85M (2023)

Expenses
$5.74M (2023)

Total Assets
$1.04M (2023)

Total Liabilities
$782k (2023)

Source: Form 990 tax filings from 2015 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,847,424
Expenses
$5,735,274
Net Income
$112,150
Net Assets
$260,313
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,312,505
90.9%
Program Services $513,329
8.8%
Investment Income $19,578
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,012
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $666,802
11.6%
Professional Fundraising Fees $0
Other Salaries and Wages $2,074,774
36.2%
Assets/Debt
Total Assets $1,042,629
Total Liabilities $782,316
Net Assets $260,313
Compensation
Key Employees and Officers Compensation Related Other
Michael B Stynes (Ceo & Director) $205,552 $0 $35,528
Jerome Hodges (Chief Research Officer) $204,703 $0 $36,163
Alexander Jacobs (Chief Operating Officer) $157,925 $0 $25,325
Molly Dektar (Editorial Director) $149,238 $0 $41,851
Sidhya Balakrishnan (Director Of Research) $149,202 $0 $12,521
Nolan Lindquist (Executive Dir. For Active Stewardship) $144,075 $0 $21,796
Laura Beamer (Lead Researcher) $111,846 $0 $24,405
Paul Katz (Lead Researcher) $107,669 $0 $20,153
Robert Jain (President/Chairman) $0 $0 $0
Carola Jain (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Oct. 10, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,246,560
Expenses
$6,157,170
Net Income
-$910,610
Net Assets
$147,250
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,131,138
97.8%
Program Services $110,979
2.1%
Investment Income $111
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,332
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $642,879
10.4%
Professional Fundraising Fees $0
Other Salaries and Wages $2,244,843
36.5%
Assets/Debt
Total Assets $1,293,147
Total Liabilities $1,145,897
Net Assets $147,250
Compensation
Key Employees and Officers Compensation Related Other
Michael B Stynes (Ceo & Director) $200,259 $0 $33,976
Jerome Hodges (Chief Research Officer) $199,744 $0 $38,367
Alexander Jacobs (Chief Operating Officer) $149,006 $0 $21,527
Molly Dektar (Editorial Director) $138,383 $0 $35,600
Sidhya Balakrishnan (Director Of Research) $138,383 $0 $14,949
Peter Spiegler (Senior Researcher) $132,141 $0 $24,839
Claudia Sahm (Macroeconomic Research) $130,333 $0 $5,534
Timothy Barker (Senior Researcher) $118,310 $0 $6,808
Robert Jain (President/Chairman) $0 $0 $0
Carola Jain (Director) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,283,522
Expenses
$11,326,024
Net Income
-$6,042,502
Net Assets
$1,057,860
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,840,239
91.6%
Program Services $443,172
8.4%
Investment Income $111
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $618,262
5.5%
Professional Fundraising Fees $0
Other Salaries and Wages $1,543,426
13.6%
Assets/Debt
Total Assets $1,266,575
Total Liabilities $208,715
Net Assets $1,057,860
Compensation
Key Employees and Officers Compensation Related Other
Michael B Stynes (Ceo, Trustee) $205,083 $0 $1,167
Jerome Hodges (Chief Research Officer) $174,083 $0 $7,167
Alexander Jacobs (Coo) $139,710 $0 $11,513
Sidhya Balakrishnan (Director Of Research) $139,647 $0 $0
Molly Dektar (Director Of Editorial) $132,522 $0 $7,125
Robert Jain (Director, President & Trea) $0 $0 $0
Carola Jain (Director, Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,638,318
Expenses
$4,001,076
Net Income
$6,637,242
Net Assets
$7,100,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,601,791
99.7%
Program Services $36,527
0.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $638,266
16.0%
Professional Fundraising Fees $0
Other Salaries and Wages $910,457
22.8%
Assets/Debt
Total Assets $7,351,543
Total Liabilities $251,181
Net Assets $7,100,362
Compensation
Key Employees and Officers Compensation Related Other
Michael B Stynes (Ceo, Trustee) $150,400 $0 $0
Jerome Hodges (Chief Research Officer) $144,384 $0 $6,016
Sidhya Balakrishnan (Director Of Research) $118,733 $0 $0
Molly Dektar (Director Of Editorial) $114,634 $0 $4,099
Alana Olken (Former Director Of Strategy & Ops) $86,728 $0 $1,704
Alexander Jacobs (Coo) $85,962 $0 $14,038
Robert Jain (Director, President & Trea) $0 $0 $0
Carola Jain (Director, Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,707,929
Expenses
$2,837,614
Net Income
-$129,685
Net Assets
$463,120
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,420,153
89.4%
Program Services $300,000
11.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$12,224
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $690,969
24.4%
Professional Fundraising Fees $0
Other Salaries and Wages $280,245
9.9%
Assets/Debt
Total Assets $555,861
Total Liabilities $92,741
Net Assets $463,120
Compensation
Key Employees and Officers Compensation Related Other
Michael B Stynes (Managing Director, Ceo) $151,800 $0 $0
Jerome Hodges (Managing Director) $145,728 $0 $6,072
Lauren Burns Coady (Director Of Operations, Strategic Director) $110,969 $0 $0
Molly Dektar (Director Of Editorial) $92,800 $0 $0
Sidhya Balakrishnan (Director Of Research) $91,800 $0 $0
Alanna Olken (Director Of Strategy & Ope) $91,800 $0 $0
Robert Jain (Director, President & Trea) $0 $0 $0
Carola Jain (Director, Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,454,546
Expenses
$2,026,807
Net Income
$427,739
Net Assets
$592,805
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,454,546
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $575,416
28.4%
Professional Fundraising Fees $0
Other Salaries and Wages $214,896
10.6%
Assets/Debt
Total Assets $647,688
Total Liabilities $54,883
Net Assets $592,805
Compensation
Key Employees and Officers Compensation Related Other
Michael B Stynes (Managing Director, Ceo) $150,000 $0 $0
Jerome Hodges (Managing Director) $125,000 $0 $0
William Nelligan (Managing Director) $119,167 $0 $0
Molly Dektar (Director Of Editorial) $80,000 $0 $0
Sidhya Balakrishnan (Director Of Research) $74,999 $0 $0
Alana Olken (Director Of Strategy & Operations) $26,250 $0 $0
Robert Jain (Director, President & Trea) $0 $0 $0
Carola Jain (Director, Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,965,042
Expenses
$1,992,233
Net Income
-$27,191
Net Assets
$165,066
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,947,000
99.1%
Program Services $18,028
0.9%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $14
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $262,233
13.2%
Professional Fundraising Fees $0
Other Salaries and Wages $203,333
10.2%
Assets/Debt
Total Assets $201,621
Total Liabilities $36,555
Net Assets $165,066
Compensation
Key Employees and Officers Compensation Related Other
Michael B Stynes (Executive Director) $110,000 $0 $0
Jerome Hodges (Director Of Research) $87,833 $0 $0
Molly Dektar (Executive Director) $64,400 $0 $0
Robert Jain (Director, President & Treasurer) $0 $0 $0
Carola Jain (Director, Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on Nov. 15, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$706,279
Expenses
$564,080
Net Income
$142,199
Net Assets
$192,257
Notable Sources of Revenue Percent of Total Revenue
Contributions $514,715
72.9%
Program Services $190,716
27.0%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $848
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $229,165
40.6%
Professional Fundraising Fees $0
Other Salaries and Wages $66,777
11.8%
Assets/Debt
Total Assets $253,982
Total Liabilities $61,725
Net Assets $192,257
Compensation
Key Employees and Officers Compensation Related Other
Michael B Stynes (Executive Director) $103,862 $0 $0
Molly Dektar (Executive Director) $62,704 $0 $0
Jerome Hodges (Director Of Research) $62,599 $0 $0
Robert Jain (Director President & Treasurer) $0 $0 $0
Carola Jain (Director, Vice President) $0 $0 $0
+ View more people

Document Links

990
Filed on June 30, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$100,000
Expenses
$49,942
Net Income
$50,058
Net Assets
$50,058
Notable Sources of Revenue Percent of Total Revenue
Contributions $100,000
100%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $50,058
Total Liabilities $0
Net Assets $50,058

Document Links

990-EZ

Short form tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated