Quick charity verification for Kingsberg Foundation (EIN: 136151289)
Verdict: Kingsberg Foundation appears trustworthy
75/100Mission Score
$5.3MRevenue
$27.8MAssets
3Red Flags
3Strengths
Red Flags
Highly volatile revenue streams, including negative revenue in 2023, which could indicate unsustainable funding models or significant investment losses.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits full financial transparency assessment.
Unusually low liabilities ($1 across multiple years) for an organization of its asset size, which might warrant further investigation into financial reporting practices.
Extremely low liabilities, indicating a very strong balance sheet and minimal debt burden.
Zero reported officer compensation, suggesting a highly efficient or volunteer-driven executive leadership structure.
Spending Breakdown
How Kingsberg Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Kingsberg Foundation
Is Kingsberg Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kingsberg Foundation (EIN: 136151289) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Kingsberg Foundation a good charity to donate to?
Kingsberg Foundation has a Mission Score of 75/100. Revenue: $5.3M. Assets: $27.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kingsberg Foundation?
The Employer Identification Number (EIN) for Kingsberg Foundation is 136151289. 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 Kingsberg Foundation spend its money?
Kingsberg Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kingsberg Foundation's tax-exempt status?
You can verify Kingsberg Foundation's tax-exempt status using EIN 136151289 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 Kingsberg Foundation exhibits highly volatile revenue streams, with significant fluctuations year-over-year, including a negative revenue of $-1,073,078 in 2023 and a peak of $15,782,104 in 2020. Despite these swings, the organization maintains substantial assets, reported at $27,841,772 in the latest period, indicating a strong financial reserve. The consistent reporting of $1 in liabilities across most recent filings suggests a very low debt burden, which is a positive indicator of financial stability.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, total expenses have generally remained relatively low compared to assets, suggesting a conservative spending approach. The absence of reported officer compensation across all filings is a notable aspect, potentially indicating a volunteer-led or very lean executive structure, which could contribute to lower administrative overhead.
Transparency regarding executive compensation is excellent, as zero officer compensation is reported. However, the lack of detailed expense categorization (program vs. admin vs. fundraising) in the provided data limits a comprehensive assessment of spending transparency and efficiency. The significant revenue volatility, while not necessarily a red flag on its own for certain types of foundations, warrants closer examination of their funding model and grant-making activities.