Quick charity verification for Kennedy Foundation (EIN: 205199307)
Verdict: Kennedy Foundation shows mixed signals
45/100Mission Score
$89KRevenue
$885KAssets
4Red Flags
3Strengths
Red Flags
Consistent long-term decline in assets from $1,459,559 in 2013 to $879,371 in 2023.
Multiple years of negative revenue (e.g., $-165,826 in 2020, $-126,458 in 2021).
Expenses frequently exceeding revenue over the past decade, indicating reliance on asset depletion.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data.
Strengths
Zero officer compensation reported across all filings, suggesting a volunteer-driven model or highly efficient administrative cost control.
Very low liabilities ($0 or $1) indicating no significant debt burden.
Consistent filing of IRS Form 990, demonstrating compliance and transparency in reporting.
Spending Breakdown
How Kennedy 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 Kennedy Foundation
Is Kennedy Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kennedy Foundation (EIN: 205199307) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
Is Kennedy Foundation a good charity to donate to?
Kennedy Foundation has a Mission Score of 45/100. Revenue: $89K. Assets: $885K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kennedy Foundation?
The Employer Identification Number (EIN) for Kennedy Foundation is 205199307. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Kennedy Foundation spend its money?
Kennedy Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kennedy Foundation's tax-exempt status?
You can verify Kennedy Foundation's tax-exempt status using EIN 205199307 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Kennedy Foundation exhibits a concerning financial trend with consistent net losses in recent years, particularly in 2021 and 2020 where revenue was negative ($-126,458 and $-165,826 respectively). While the latest filing shows a positive net income ($42,994 revenue vs. $41,902 expenses), this is a recent anomaly in a pattern of asset depletion. The organization's assets have significantly declined from a peak of $1,459,559 in 2013 to $879,371 in 2023, indicating that expenses have frequently outpaced revenue. The consistent reporting of $0 officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which could be a positive for efficiency if program spending is robust, but the overall financial health is weak due to the asset decline.
The foundation's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent net losses and declining asset base suggest that, regardless of the internal allocation, the organization has struggled to generate sufficient revenue to cover its operational costs over the long term. The low liabilities ($1 or $0) indicate a lack of debt, which is a positive, but it doesn't offset the broader financial instability. Transparency appears adequate in terms of filing history, but the lack of detailed expense categories limits a deeper analysis of spending efficiency.
Overall, the Kennedy Foundation appears to be in a precarious financial position, relying on its asset base to cover expenses for many years. While the most recent year shows a slight surplus, the long-term trend of declining assets and negative revenues in prior years raises significant concerns about its sustainability and long-term impact. A detailed look at how the $41,902 in expenses for 2023 was allocated would be crucial for a more precise assessment of spending efficiency.