Stable asset base, generally maintained between $2.8 million and $3.3 million over the past decade.
Minimal liabilities, consistently reported as $1 or $0, indicating strong financial solvency.
Spending Breakdown
How Kalkin Family Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Kalkin Family Foundation Inc
Is Kalkin Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kalkin Family Foundation Inc (EIN: 133185333) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Kalkin Family Foundation Inc a good charity to donate to?
Kalkin Family Foundation Inc has a Mission Score of 85/100. Revenue: $10.3M. Assets: $7.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kalkin Family Foundation Inc?
The Employer Identification Number (EIN) for Kalkin Family Foundation Inc is 133185333. 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 Kalkin Family Foundation Inc spend its money?
Kalkin Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kalkin Family Foundation Inc's tax-exempt status?
You can verify Kalkin Family Foundation Inc's tax-exempt status using EIN 133185333 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 Kalkin Family Foundation Inc. appears to be a private foundation, as indicated by its consistent revenue and expense patterns, and the absence of officer compensation. Its financial health shows a relatively stable asset base, hovering around $2.8 million to $3.3 million over the past decade, with minimal liabilities (consistently reported as $1 or $0). Revenue has fluctuated, with a notable spike in 2013 ($797,456) and a more recent high in 2023 ($233,476), but generally remains in the low to mid-hundreds of thousands annually. Expenses often exceed revenue in recent years, such as in 2023 where expenses were $258,639 against $233,476 in revenue, suggesting it may be drawing from its asset base to fund its activities.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, as a private foundation, its primary function is typically grant-making, and the lack of officer compensation suggests low overhead in terms of salaries. The organization's transparency regarding its financial operations seems adequate based on the provided summary data, with consistent filings and clear reporting of key financial metrics like revenue, expenses, and assets. The 'Latest Revenue' figure of $10,291,974 is significantly higher than any annual revenue reported in the filing history, which could indicate a recent large donation or investment gain not yet reflected in the detailed annual filings provided, or it might be a cumulative figure or an error in the input data provided for 'Latest Revenue' versus the annual filing history.