Quick charity verification for King Family Foundation (EIN: 208636039)
Verdict: King Family Foundation appears trustworthy
92/100Mission Score
$1.8MRevenue
$3.7MAssets
1Red Flags
5Strengths
Red Flags
Zero reported officer compensation for an organization with over $3 million in assets could indicate compensation is structured in a non-transparent way or that the organization is entirely volunteer-run at the executive level, which is uncommon for its size.
Strengths
Strong and consistent asset growth, reaching $3,244,724 in 2023.
High spending efficiency with expenses significantly lower than revenue, allowing for asset accumulation.
Zero reported officer compensation, suggesting a highly lean operational structure and potentially volunteer leadership.
Consistent and transparent filing history with 10 years of IRS 990 data available.
Spending Breakdown
How King Family Foundation 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 King Family Foundation
Is King Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, King Family Foundation (EIN: 208636039) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is King Family Foundation a good charity to donate to?
King Family Foundation has a Mission Score of 92/100. Revenue: $1.8M. Assets: $3.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for King Family Foundation?
The Employer Identification Number (EIN) for King Family Foundation is 208636039. 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 King Family Foundation spend its money?
King Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify King Family Foundation's tax-exempt status?
You can verify King Family Foundation's tax-exempt status using EIN 208636039 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 King Family Foundation demonstrates strong financial health with consistent asset growth, reaching $3,244,724 in 2023. The organization consistently maintains minimal liabilities, reported as $1 across most recent filings, indicating a very stable financial position. Their spending efficiency appears robust, with expenses significantly lower than revenue in recent years, allowing for substantial asset accumulation. For example, in 2023, expenses were $514,800 against revenues of $962,673. The absence of reported officer compensation across all available filings suggests a lean operational structure and potentially a volunteer-driven leadership, which contributes to higher program efficiency.
The foundation's financial transparency is excellent, with 10 years of consistent IRS 990 filings available. The detailed breakdown of revenue and expenses, coupled with the clear reporting of assets and liabilities, provides a comprehensive view of their financial activities. The consistent reporting of zero officer compensation is a key indicator of transparency regarding executive pay practices. Overall, the King Family Foundation exhibits a well-managed and transparent financial operation, prioritizing asset growth and program support.