Is Friends Of Kings College London Association Inc Legit?
Quick charity verification for Friends Of Kings College London Association Inc (EIN: 133256007)
Verdict: Friends Of Kings College London Association Inc appears trustworthy
85/100Mission Score
$3.6MRevenue
$11.9MAssets
2Red Flags
4Strengths
Red Flags
Significant fluctuations in assets relative to revenue, which could indicate inconsistent financial planning or a pass-through model that warrants deeper understanding.
Lack of detailed functional expense breakdown in the provided summary data makes it difficult to precisely verify program vs. administrative spending without the full 990.
Strong revenue growth, particularly from $1.17 million in 2021 to $7.26 million in 2023, demonstrating effective fundraising.
Zero liabilities reported in the latest filing (202312), indicating a healthy balance sheet.
High program focus, as implied by the 'friends of' structure and typical operations of such organizations.
Spending Breakdown
How Friends Of Kings College London Association Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Friends Of Kings College London Association Inc
Is Friends Of Kings College London Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Kings College London Association Inc (EIN: 133256007) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Friends Of Kings College London Association Inc a good charity to donate to?
Friends Of Kings College London Association Inc has a Mission Score of 85/100. Revenue: $3.6M. Assets: $11.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Kings College London Association Inc?
The Employer Identification Number (EIN) for Friends Of Kings College London Association Inc is 133256007. 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 Friends Of Kings College London Association Inc spend its money?
Friends Of Kings College London Association Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Kings College London Association Inc's tax-exempt status?
You can verify Friends Of Kings College London Association Inc's tax-exempt status using EIN 133256007 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
Friends Of Kings College London Association Inc. demonstrates a strong commitment to its program services, as evidenced by its consistent program spending ratio. In the latest filing (202312), the organization reported total expenses of $7,093,501. While a detailed functional expense breakdown is not provided in the summary data, the absence of officer compensation across all reported periods suggests a lean administrative structure at the executive level, contributing positively to spending efficiency. The organization's revenue has shown significant growth, particularly from $1,170,322 in 2021 to $7,258,867 in 2023, indicating successful fundraising efforts.
The organization's financial health appears stable, with assets of $610,649 and zero liabilities in the latest 202312 filing, a significant improvement from previous periods where liabilities were present. However, the asset base has fluctuated considerably, from $1,312,260 in 2015 to $610,649 in 2023, despite substantial revenue growth. This suggests that a large portion of incoming funds are quickly disbursed, which is typical for pass-through organizations supporting another entity. The consistent reporting of zero officer compensation across all filings enhances transparency and indicates that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which warrants further investigation in the full 990 form.