Quick charity verification for Kalimba Foundation Nfp (EIN: 204550347)
Verdict: Kalimba Foundation Nfp shows mixed signals
65/100Mission Score
$588KRevenue
$210KAssets
3Red Flags
2Strengths
Red Flags
Recurring operational deficits (e.g., $718,241 expenses vs. $584,424 revenue in 2023)
Liabilities ($307,013 in 2023) exceeding assets ($180,184 in 2023)
Significant increase in liabilities over time (from $0 in 2018 to over $300,000 in 2023)
Strengths
Zero officer compensation reported across all filings, indicating strong commitment to mission over executive pay.
Consistent filing of IRS Form 990s, demonstrating transparency in reporting.
Spending Breakdown
How Kalimba Foundation Nfp allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Kalimba Foundation Nfp
Is Kalimba Foundation Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Kalimba Foundation Nfp (EIN: 204550347) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Kalimba Foundation Nfp a good charity to donate to?
Kalimba Foundation Nfp has a Mission Score of 65/100. Revenue: $588K. Assets: $210K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kalimba Foundation Nfp?
The Employer Identification Number (EIN) for Kalimba Foundation Nfp is 204550347. 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 Kalimba Foundation Nfp spend its money?
Kalimba Foundation Nfp allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kalimba Foundation Nfp's tax-exempt status?
You can verify Kalimba Foundation Nfp's tax-exempt status using EIN 204550347 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 Kalimba Foundation Nfp demonstrates a fluctuating financial picture over its filing history. While the organization reported $588,156 in revenue and $210,072 in assets in its latest filing, its expenses have frequently exceeded revenue. For instance, in 2023, expenses were $718,241 against $584,424 in revenue, leading to a deficit. This trend of spending more than it earns is a concern, as seen in 2020 ($642,699 expenses vs. $469,245 revenue) and 2019 ($523,489 expenses vs. $485,758 revenue). The organization's liabilities have also grown significantly, reaching $307,013 in 2023, exceeding its assets of $180,184, which indicates potential financial strain.
Despite these financial challenges, the Kalimba Foundation Nfp appears to maintain a strong commitment to its programmatic mission, as evidenced by the absence of reported officer compensation across all filings. This suggests that resources are not being diverted to executive salaries. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The consistent reporting of zero officer compensation is a positive indicator of transparency regarding executive pay.
Overall, while the organization shows dedication to its mission through its compensation practices, its recurring operational deficits and increasing liabilities warrant closer scrutiny. A more detailed breakdown of expenses would provide greater clarity on how funds are allocated and help determine the sustainability of its operations.