Quick charity verification for Jkbae Foundation (EIN: 205604317)
Verdict: Jkbae Foundation appears trustworthy
85/100Mission Score
$47KRevenue
$1.9MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data
Periods where expenses exceeded revenue, indicating reliance on asset drawdowns (e.g., 2020 expenses $91,108 vs. revenue $40,737)
Strengths
Strong asset base ($1,872,216 latest) providing financial stability
Consistently low liabilities ($1 in most periods)
No reported officer compensation across all filings
Positive net income in recent years (e.g., 2023 revenue $114,707 vs. expenses $58,500)
Spending Breakdown
How Jkbae Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Jkbae Foundation
Is Jkbae Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Jkbae Foundation (EIN: 205604317) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Jkbae Foundation a good charity to donate to?
Jkbae Foundation has a Mission Score of 85/100. Revenue: $47K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Jkbae Foundation?
The Employer Identification Number (EIN) for Jkbae Foundation is 205604317. 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 Jkbae Foundation spend its money?
Jkbae Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Jkbae Foundation's tax-exempt status?
You can verify Jkbae Foundation's tax-exempt status using EIN 205604317 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
The Jkbae Foundation demonstrates consistent financial stability with substantial assets relative to its annual revenue and expenses. For example, in 2023, with revenue of $114,707 and expenses of $58,500, the organization held assets of $1,482,969. This suggests a strong endowment or investment strategy, providing a buffer against fluctuating annual income. The foundation consistently reports minimal liabilities, often just $1, indicating sound financial management and a low-risk profile.
However, a detailed breakdown of program, administrative, and fundraising expenses is not readily available from the provided summary data, making it challenging to fully assess spending efficiency. The absence of reported officer compensation across all filings is a positive indicator for donor confidence regarding executive pay. While the overall financial health appears robust due to significant assets, a deeper dive into the allocation of expenses would be necessary for a complete transparency assessment.