Quick charity verification for Kiki Kogelnik Foundation (EIN: 137101223)
Verdict: Kiki Kogelnik Foundation appears trustworthy
85/100Mission Score
$3.0MRevenue
$44.7MAssets
2Red Flags
3Strengths
Red Flags
Highly fluctuating annual revenues, indicating potential reliance on unpredictable income streams.
Expenses exceeded revenues in several years (e.g., 2019, 2020, 2021), suggesting reliance on reserves or other funding sources to cover operational costs.
Strengths
Consistent reporting of 0% officer compensation, indicating high financial efficiency and dedication to mission.
Significant growth in assets from $6.5 million in 2011 to over $44 million currently, demonstrating strong financial stewardship.
Low liabilities relative to assets across all reported periods, indicating a healthy balance sheet.
AI Transparency Report
The Kiki Kogelnik Foundation demonstrates a generally stable financial position with substantial assets, growing from $6.5 million in 2011 to over $44 million currently. Revenue has fluctuated significantly year-to-year, with a high of $3.4 million in 2022 and a low of $241,814 in 2020, indicating reliance on variable income streams, potentially from art sales or specific grants. The organization consistently reports 0% officer compensation across all filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries. While detailed program spending ratios are not provided in the summary data, the absence of officer compensation suggests a lean operational structure. The foundation's ability to maintain and grow its asset base while managing fluctuating revenues points to sound financial stewardship, though a deeper dive into expense categories would clarify spending efficiency.