Is Kingdom Education For Young Scholars…

Quick charity verification for Kingdom Education For Young Scholars (EIN: 201372613)

Strengths

Consistent revenue growth over the past decade, from $419,288 in 2015 to $591,109 in 2024.
Healthy asset growth, increasing from $49,015 in 2015 to $227,032 in 2024.
Positive net assets (assets significantly exceed liabilities) in all reported periods.
Operational surpluses in most recent years, indicating financial stability.
No reported officer compensation, potentially maximizing funds for direct mission activities.

Spending Breakdown

How Kingdom Education For Young Scholars allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Kingdom Education For Young Scholars

Is Kingdom Education For Young Scholars a legitimate charity?

Based on AI analysis of IRS 990 filings, Kingdom Education For Young Scholars (EIN: 201372613) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

Is Kingdom Education For Young Scholars a good charity to donate to?

Kingdom Education For Young Scholars has a Mission Score of 85/100. Revenue: $637K. Assets: $244K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kingdom Education For Young Scholars?

The Employer Identification Number (EIN) for Kingdom Education For Young Scholars is 201372613. 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 Kingdom Education For Young Scholars spend its money?

Kingdom Education For Young Scholars allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kingdom Education For Young Scholars's tax-exempt status?

You can verify Kingdom Education For Young Scholars's tax-exempt status using EIN 201372613 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

Kingdom Education For Young Scholars (KEYS) demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. For the period ending June 2024, the organization reported revenues of $591,109 against expenses of $543,266, resulting in a surplus that contributes to asset growth. The organization's assets have steadily increased from $49,015 in 2015 to $227,032 in 2024, suggesting prudent financial management and accumulation of resources.

KEYS maintains a healthy financial position with liabilities consistently lower than assets, indicating solvency. A notable aspect of their financial health is the reported 0% officer compensation across all available filings, which suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, potentially maximizing funds for programs. This practice, while beneficial for program spending, could also raise questions about the sustainability of leadership without direct compensation.

Overall, the organization appears to be financially sound and growing. Their consistent operational surpluses in most recent years, coupled with zero reported officer compensation, point towards an efficient use of funds. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The lack of officer compensation, while seemingly positive, could also be a point for further inquiry regarding the organization's long-term leadership structure and compensation practices.

Is Kingdom Education For Young Scholars Legit?

Verdict: Kingdom Education For Young Scholars appears trustworthy

Red Flags