Is K Va T Associate Relief Andemergency Fund Inc Legit?
Quick charity verification for K Va T Associate Relief Andemergency Fund Inc (EIN: 203966560)
Verdict: K Va T Associate Relief Andemergency Fund Inc appears trustworthy
92/100Mission Score
$614KRevenue
$1.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $637,455 in 2014 to $1,614,706 in 2023.
Zero liabilities reported across all available filings, indicating strong financial stability.
0% officer compensation, demonstrating high efficiency and volunteer leadership.
Revenue consistently exceeds expenses, allowing for healthy reserves and growth.
Long history of consistent IRS 990 filings (13 filings), indicating good transparency.
Spending Breakdown
How K Va T Associate Relief Andemergency Fund 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 K Va T Associate Relief Andemergency Fund Inc
Is K Va T Associate Relief Andemergency Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, K Va T Associate Relief Andemergency Fund Inc (EIN: 203966560) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is K Va T Associate Relief Andemergency Fund Inc a good charity to donate to?
K Va T Associate Relief Andemergency Fund Inc has a Mission Score of 92/100. Revenue: $614K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for K Va T Associate Relief Andemergency Fund Inc?
The Employer Identification Number (EIN) for K Va T Associate Relief Andemergency Fund Inc is 203966560. 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 K Va T Associate Relief Andemergency Fund Inc spend its money?
K Va T Associate Relief Andemergency Fund Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify K Va T Associate Relief Andemergency Fund Inc's tax-exempt status?
You can verify K Va T Associate Relief Andemergency Fund Inc's tax-exempt status using EIN 203966560 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
K Va T Associate Relief Andemergency Fund Inc demonstrates strong financial health and consistent growth in assets over the past decade. The organization has consistently reported zero liabilities and zero officer compensation, indicating a very healthy balance sheet and a commitment to volunteer leadership. Their revenue has steadily increased from $244,382 in 2014 to $538,369 in 2023, with assets growing from $637,455 to $1,614,706 in the same period. This sustained growth, coupled with minimal expenses relative to revenue, suggests efficient management and a focus on building reserves to support future operations.
The organization's spending efficiency appears robust, with expenses consistently well below revenue, allowing for significant asset accumulation. For example, in 2023, expenses were $305,830 against revenues of $538,369, indicating a substantial portion of revenue is retained or invested. The absence of officer compensation further enhances their efficiency and transparency, as it suggests that leadership is not drawing salaries from the organization's funds. This practice, combined with a clear financial history of increasing assets and no debt, points to a well-managed and financially sound nonprofit.
Transparency is high given the consistent filing of IRS 990s and the clear financial picture presented. The lack of liabilities and officer compensation are strong indicators of responsible financial stewardship. While specific program spending details would provide deeper insight, the overall financial trends suggest a well-run organization focused on its mission without excessive overhead or executive remuneration.