Quick charity verification for Killam Emdowment Tr (EIN: 206805882)
Verdict: Killam Emdowment Tr appears trustworthy
85/100Mission Score
$2.6MRevenue
$5.9MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed breakdown for administrative expenses without officer compensation, making it difficult to assess true operational overhead.
Strengths
Consistent reporting of minimal liabilities ($1), indicating strong financial stability and no debt.
No reported officer compensation, suggesting high efficiency in leadership costs or volunteer-driven governance.
Stable asset base (around $5.7M - $6.8M) over a decade, providing a reliable foundation for its mission.
NTEE code T22 (Private Grantmaking Foundations) aligns with the 'Endowment Tr' name, indicating a clear organizational purpose.
Spending Breakdown
How Killam Emdowment Tr 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 Killam Emdowment Tr
Is Killam Emdowment Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Killam Emdowment Tr (EIN: 206805882) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Killam Emdowment Tr a good charity to donate to?
Killam Emdowment Tr has a Mission Score of 85/100. Revenue: $2.6M. Assets: $5.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Killam Emdowment Tr?
The Employer Identification Number (EIN) for Killam Emdowment Tr is 206805882. 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 Killam Emdowment Tr spend its money?
Killam Emdowment Tr allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Killam Emdowment Tr's tax-exempt status?
You can verify Killam Emdowment Tr's tax-exempt status using EIN 206805882 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
Killam Endowment Tr appears to be a private foundation or endowment given its NTEE code (T22 - Private Grantmaking Foundations) and consistent asset base with fluctuating revenue and expenses. The organization consistently reports minimal liabilities ($1 across all filings), indicating a very stable financial position with no significant debt. Revenue has varied significantly year-to-year, from a low of $130,327 in 2022 to a high of $919,806 in 2014, suggesting reliance on investment returns or specific grant cycles rather than consistent public donations. Expenses have generally been in the range of $400,000-$700,000 annually, often exceeding revenue in recent years (e.g., 2023, 2022, 2020), which is typical for endowments that distribute funds from their principal or accumulated earnings. The absence of officer compensation reported across all filings suggests either an all-volunteer board or that compensation is handled through an affiliated entity, which warrants further investigation for full transparency.