Quick charity verification for Able Kids Foundation (EIN: 202032734)
Verdict: Able Kids Foundation appears trustworthy
90/100Mission Score
$615KRevenue
$939KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data prevents precise efficiency calculation.
Strengths
Consistent revenue growth from $275,205 (2015) to $827,575 (2023).
Strong asset accumulation, reaching $921,105 in 2023.
Zero reported liabilities across all filing periods, indicating excellent financial health.
Reported 0% officer compensation, suggesting high dedication of resources to mission or volunteer leadership.
Consistent positive net income, with revenues exceeding expenses in all reported years (e.g., $827,575 revenue vs. $789,842 expenses in 2023).
Spending Breakdown
How Able Kids Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Able Kids Foundation
Is Able Kids Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Able Kids Foundation (EIN: 202032734) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Able Kids Foundation a good charity to donate to?
Able Kids Foundation has a Mission Score of 90/100. Revenue: $615K. Assets: $939K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Able Kids Foundation?
The Employer Identification Number (EIN) for Able Kids Foundation is 202032734. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Able Kids Foundation spend its money?
Able Kids Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Able Kids Foundation's tax-exempt status?
You can verify Able Kids Foundation's tax-exempt status using EIN 202032734 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Able Kids Foundation demonstrates strong financial health and consistent growth over the past decade. The organization has shown a positive trend in revenue, increasing from $275,205 in 2015 to $827,575 in 2023. This growth is accompanied by a healthy accumulation of assets, reaching $921,105 in 2023, with no reported liabilities, indicating excellent financial stability and responsible management of resources. The consistent absence of liabilities across all reported periods is a significant positive indicator of fiscal prudence.
The organization's spending efficiency appears robust, with expenses consistently lower than revenue, allowing for asset growth. For instance, in 2023, expenses were $789,842 against revenues of $827,575, resulting in a surplus. A key aspect of their transparency and efficiency is the reported 0% officer compensation across all filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive for donor perception regarding resource allocation directly to mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency ratios is limited.
Overall, Able Kids Foundation exhibits strong financial management, consistent growth, and a clear commitment to avoiding debt. The lack of reported officer compensation enhances its transparency profile, suggesting a high proportion of funds are directed towards its mission. Further detailed expense breakdowns would provide even greater insight into their operational efficiency.