Is Kingswood Senior Living Community Foundation Legit?
Quick charity verification for Kingswood Senior Living Community Foundation (EIN: 200639597)
Verdict: Kingswood Senior Living Community Foundation appears trustworthy
70/100Mission Score
$760KRevenue
$1.8MAssets
2Red Flags
3Strengths
Red Flags
Frequent operational deficits (7 out of 10 periods show expenses > revenue)
Reliance on asset base to cover recurring expenses
Strengths
Zero reported officer compensation, indicating strong transparency and potential efficiency in leadership costs
Substantial and growing asset base ($1,775,216 latest), providing financial stability
Consistent history of IRS 990 filings (13 filings), indicating good compliance
Spending Breakdown
How Kingswood Senior Living Community Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Kingswood Senior Living Community Foundation
Is Kingswood Senior Living Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kingswood Senior Living Community Foundation (EIN: 200639597) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Kingswood Senior Living Community Foundation a good charity to donate to?
Kingswood Senior Living Community Foundation has a Mission Score of 70/100. Revenue: $760K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kingswood Senior Living Community Foundation?
The Employer Identification Number (EIN) for Kingswood Senior Living Community Foundation is 200639597. 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 Kingswood Senior Living Community Foundation spend its money?
Kingswood Senior Living Community Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kingswood Senior Living Community Foundation's tax-exempt status?
You can verify Kingswood Senior Living Community Foundation's tax-exempt status using EIN 200639597 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
Kingswood Senior Living Community Foundation exhibits a mixed financial picture. While the organization consistently maintains a healthy asset base, reaching $1,775,216 in its latest filing, it has frequently operated with expenses exceeding revenue in recent years. For instance, in 2023, expenses were $268,678 against revenues of $226,484, and in 2022, expenses were $243,510 against revenues of $112,815. This trend of deficit spending, observed in 7 out of the last 10 reported periods, suggests a reliance on accumulated assets or other funding mechanisms to cover operational costs.
The foundation demonstrates strong transparency regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, which is a positive sign for donor confidence. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent growth in assets, despite periodic deficits, suggests effective asset management or significant non-operating income.
Overall, the organization appears financially stable due to its substantial assets, but its operational sustainability warrants closer examination given the recurring revenue shortfalls. The lack of officer compensation is a notable strength in terms of transparency and potential efficiency. To fully assess spending efficiency, more granular expense data would be beneficial.