Unusually low (0%) reported officer compensation for an organization of this size
Strengths
Long operating history with 13 filings
Significant asset base ($302M+ in 2023)
Consistent revenue growth over the past decade (e.g., $18.9M in 2014 to $46.1M in 2023)
Spending Breakdown
How King Farm Presbyterian Retirement allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Farm Presbyterian Retirement
Is King Farm Presbyterian Retirement a legitimate charity?
Based on AI analysis of IRS 990 filings, King Farm Presbyterian Retirement (EIN: 202004162) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is King Farm Presbyterian Retirement a good charity to donate to?
King Farm Presbyterian Retirement has a Mission Score of 65/100. Revenue: $57.6M. Assets: $291.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for King Farm Presbyterian Retirement?
The Employer Identification Number (EIN) for King Farm Presbyterian Retirement is 202004162. 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 Farm Presbyterian Retirement spend its money?
King Farm Presbyterian Retirement allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify King Farm Presbyterian Retirement's tax-exempt status?
You can verify King Farm Presbyterian Retirement's tax-exempt status using EIN 202004162 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
King Farm Presbyterian Retirement, operating as a retirement community (NTEE L22), demonstrates a consistent pattern of expenses exceeding revenue across its filing history. For instance, in 2023, expenses were $49,514,906 against revenues of $46,128,859, indicating an operating deficit. This trend is visible in nearly all reported periods, suggesting reliance on other funding sources or a strategic operational model that anticipates these deficits, potentially covered by investment income or capital contributions not fully captured in 'revenue' as reported. The organization's assets have fluctuated, showing a recent decline from $304,813,336 in 2020 to $302,640,436 in 2023, while liabilities remain substantial, consistently exceeding assets. This high liability-to-asset ratio, with liabilities at $398,890,230 against assets of $302,640,436 in 2023, warrants closer examination to understand the nature of these obligations, which are common in continuing care retirement communities (CCRCs) due to resident entrance fees and long-term contracts. The consistent reporting of 0% officer compensation across all filings suggests that executive compensation is either not reported under this category or is handled through a related entity, which could impact transparency regarding leadership costs.