Quick charity verification for Flying Kites Inc (EIN: 205946832)
Verdict: Flying Kites Inc appears trustworthy
92/100Mission Score
$2.8MRevenue
$5.9MAssets
1Red Flags
5Strengths
Red Flags
0% officer compensation reported for an organization of this size could indicate compensation is miscategorized or an unusual operational model.
Strengths
Consistent revenue growth, from $524,326 in 2014 to $2,803,669 in 2023.
Strong asset accumulation, growing from $502,859 in 2014 to $5,233,376 in 2023.
Consistent generation of financial surpluses, with revenue exceeding expenses in most years.
Low liabilities relative to assets, indicating strong financial stability.
No reported officer compensation, suggesting a high dedication of funds to mission-related activities.
Spending Breakdown
How Flying Kites Inc 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 Flying Kites Inc
Is Flying Kites Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Flying Kites Inc (EIN: 205946832) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Flying Kites Inc a good charity to donate to?
Flying Kites Inc has a Mission Score of 92/100. Revenue: $2.8M. Assets: $5.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Flying Kites Inc?
The Employer Identification Number (EIN) for Flying Kites Inc is 205946832. 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 Flying Kites Inc spend its money?
Flying Kites Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Flying Kites Inc's tax-exempt status?
You can verify Flying Kites Inc's tax-exempt status using EIN 205946832 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
Flying Kites Inc. demonstrates strong financial health and consistent growth over the past decade. The organization has consistently generated more revenue than expenses, leading to a healthy accumulation of assets, which grew from $502,859 in 2014 to $5,233,376 in 2023. This indicates effective financial management and a robust funding base. The latest filing shows revenue of $2,803,669 against expenses of $2,303,017, resulting in a surplus that further strengthens its financial position.
The organization's spending efficiency appears commendable, with a significant portion of its expenses likely directed towards program services, given its consistent surpluses and asset growth. The absence of reported officer compensation across all filings suggests a commitment to directing resources towards its mission rather than executive salaries, which is a positive indicator of efficiency and donor trust. Liabilities remain relatively low compared to assets, indicating good fiscal responsibility.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over 13 periods, making its financial data readily available for public scrutiny. The consistent growth in revenue and assets, coupled with low liabilities and no reported officer compensation, paints a picture of a well-managed and financially sound nonprofit dedicated to its mission.