Is Kids Chance Of Kentucky Inc Legit?

Quick charity verification for Kids Chance Of Kentucky Inc (EIN: 200447512)

Verdict: Kids Chance Of Kentucky Inc appears trustworthy

70/100Mission Score

$675KRevenue

$467KAssets

3Red Flags

4Strengths

Red Flags

Significant operating deficits in recent years (e.g., 2023 revenue $31,485 vs. expenses $130,136).
Volatile and declining revenue trend since 2019, raising sustainability concerns.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data.

Strengths

Consistent IRS 990 filing history, indicating good transparency and compliance.
Zero reported liabilities across all filings, demonstrating strong financial management and no debt.
No officer compensation reported, suggesting a volunteer-led model and efficient use of funds.
Maintained a stable asset base despite revenue fluctuations, indicating financial resilience.

Spending Breakdown

How Kids Chance Of Kentucky Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

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 Kids Chance Of Kentucky Inc

Is Kids Chance Of Kentucky Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Kids Chance Of Kentucky Inc (EIN: 200447512) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.

Is Kids Chance Of Kentucky Inc a good charity to donate to?

Kids Chance Of Kentucky Inc has a Mission Score of 70/100. Revenue: $675K. Assets: $467K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kids Chance Of Kentucky Inc?

The Employer Identification Number (EIN) for Kids Chance Of Kentucky Inc is 200447512. 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 Kids Chance Of Kentucky Inc spend its money?

Kids Chance Of Kentucky Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kids Chance Of Kentucky Inc's tax-exempt status?

You can verify Kids Chance Of Kentucky Inc's tax-exempt status using EIN 200447512 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

Kids Chance Of Kentucky Inc demonstrates a mixed financial picture based on its recent IRS 990 filings. While the organization has maintained a consistent asset base, with assets reported at $426,217 in 2023 and $486,948 in 2021, its revenue has shown significant volatility. The latest filing for 2023 shows revenue of $31,485 against expenses of $130,136, indicating a substantial operating deficit. This trend of expenses exceeding revenue is also visible in 2022 ($72,806 revenue vs. $124,914 expenses) and 2016 ($82,222 revenue vs. $100,126 expenses), suggesting potential reliance on prior year surpluses or asset drawdowns to cover operational costs in some periods. The organization's consistent reporting of zero liabilities across all periods reviewed is a positive indicator of financial stability and responsible debt management.

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, the consistent absence of officer compensation (0% reported across all filings) suggests that the organization is likely volunteer-led at the executive level, which can contribute to lower administrative overhead. The significant fluctuations in revenue, from a high of $283,430 in 2019 to a low of $31,485 in 2023, raise questions about the sustainability and predictability of its funding model. Despite these revenue challenges, the organization has managed to maintain a healthy asset base relative to its annual expenses, indicating a degree of financial resilience.

In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, demonstrating consistent compliance with reporting requirements. The readily available financial data, including revenue, expenses, assets, and liabilities, contributes to its transparency. The lack of officer compensation further enhances trust, as it suggests resources are directed towards the mission rather than executive salaries. However, a more detailed breakdown of expenses would further improve transparency and allow for a more precise evaluation of spending efficiency.

View Full Transparency Report →

Disclaimer

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