AI Transparency Report
The Janet H And C Harry Knowles Foundation Inc demonstrates a consistent commitment to its program services, as evidenced by its spending patterns. For the latest reported period (202305), the organization incurred $7,611,742 in expenses against $2,401,132 in revenue, indicating a reliance on its substantial asset base of $83,476,702 to fund its operations. While the foundation's revenue has fluctuated significantly over the years, including a peak of $41,056,382 in 202105, its expenses have remained relatively stable, typically ranging between $5.5 million and $7.6 million annually. This suggests a predictable operational cost structure.
The foundation's financial health appears robust due to its significant assets, which far exceed its liabilities (e.g., $83,476,702 in assets vs. $10,774,534 in liabilities for 202305). The consistent reporting of 0% officer compensation across all available filings indicates strong financial transparency regarding executive pay, suggesting that the foundation operates without high executive salaries. The NTEE code P99, which typically denotes 'Other Education,' aligns with the foundation's likely focus on educational programs, further reinforcing its mission-centric approach.