Is Kisma Preserve Legit?

Quick charity verification for Kisma Preserve (EIN: 10412171)

Verdict: Kisma Preserve shows mixed signals

65/100Mission Score
$148KRevenue
$222KAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Kisma Preserve demonstrates a consistent operational history, with revenues fluctuating but generally trending upwards in recent years, reaching $162,312 in 2023. However, the organization has consistently operated at a deficit in the last three reported periods, with expenses exceeding revenue by $20,214 in 2023 and $41,282 in 2021. This sustained deficit spending, coupled with liabilities significantly exceeding assets (e.g., $340,676 in liabilities vs. $221,814 in assets in 2023), indicates potential financial instability. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, and the absence of officer compensation suggests a volunteer-driven leadership model, which can be a positive indicator of resource allocation directly to mission. However, the financial health is concerning due to the ongoing deficits and high liabilities relative to assets.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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