Is Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co Legit?

Quick charity verification for Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co (EIN: 133318161)

Verdict: Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co appears trustworthy

90/100Mission Score
$1.2MRevenue
$173KAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co 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 Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co

Is Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co a legitimate charity?

Based on AI analysis of IRS 990 filings, Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co (EIN: 133318161) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.

Is Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co a good charity to donate to?

Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co has a Mission Score of 90/100. Revenue: $1.2M. Assets: $173K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co?

The Employer Identification Number (EIN) for Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co is 133318161. 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 Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co spend its money?

Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co's tax-exempt status?

You can verify Karen A And Kevin W Kennedy Foundation C/O Goldman Sachs & Co's tax-exempt status using EIN 133318161 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 Karen A And Kevin W Kennedy Foundation appears to be a private foundation, as indicated by its consistent revenue streams and grant-making activities. Its financial health shows some volatility in revenue, ranging from a low of $33,144 in 2019 to a high of $1,078,041 in 2013, but generally maintains a positive net income, with assets fluctuating but typically in the hundreds of thousands. For instance, in 2023, the foundation reported revenue of $672,427 against expenses of $612,786, resulting in a surplus. The organization demonstrates strong spending efficiency, as evidenced by its 0% officer compensation across all reported periods, suggesting that administrative costs related to executive salaries are non-existent. This allows a greater proportion of its funds to be directed towards its programmatic goals, which for a private foundation would primarily be grants. The consistent reporting of minimal liabilities ($1 in recent years, $0 previously) also points to sound financial management and a lack of significant debt. Transparency is generally good through its consistent IRS 990 filings. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely determine the exact allocation between program services, administration, and fundraising. Given its nature as a private foundation, fundraising expenses are likely minimal or non-existent, and administrative costs would primarily cover operational overhead. The lack of officer compensation is a significant positive indicator of its commitment to directing resources to its mission.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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