Quick charity verification for Knott Family Foundation (EIN: 200495479)
Verdict: Knott Family Foundation appears trustworthy
85/100Mission Score
$2.1MRevenue
$5.1MAssets
1Red Flags
3Strengths
Red Flags
Highly volatile annual revenue, making financial planning potentially challenging.
Strengths
Consistent reporting of 0% officer compensation, indicating high operational efficiency.
Healthy and growing asset base, from $1,857,575 in 2011 to $3,609,796 in 2023.
Consistent IRS 990 filing history over a decade, demonstrating transparency.
Spending Breakdown
How Knott Family Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Knott Family Foundation
Is Knott Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Knott Family Foundation (EIN: 200495479) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Knott Family Foundation a good charity to donate to?
Knott Family Foundation has a Mission Score of 85/100. Revenue: $2.1M. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Knott Family Foundation?
The Employer Identification Number (EIN) for Knott Family Foundation is 200495479. 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 Knott Family Foundation spend its money?
Knott Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Knott Family Foundation's tax-exempt status?
You can verify Knott Family Foundation's tax-exempt status using EIN 200495479 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 Knott Family Foundation demonstrates a generally healthy financial position, with assets consistently exceeding liabilities across its filing history. Revenue has fluctuated significantly year-to-year, from a low of $26,036 in 2020 to a high of $3,140,859 in 2021, indicating reliance on variable funding sources, likely investment returns or large donations. Despite these fluctuations, the organization has maintained positive net assets, growing from $1,857,575 in 2011 to $3,609,796 in 2023.
The foundation appears to be highly efficient in its spending, as indicated by the consistent reporting of 0% officer compensation, suggesting that administrative costs are kept very low, or that officers are unpaid volunteers. This allows a greater proportion of its expenses to be directed towards its programmatic goals. The lack of detailed expense breakdowns in the provided data makes a precise program spending ratio difficult to calculate, but the absence of officer compensation is a strong positive indicator for efficiency.
Transparency is good given the consistent filing of IRS Form 990s over a decade. The consistent reporting of zero officer compensation across all available filings is a notable strength, indicating a commitment to directing resources to its mission rather than executive salaries. However, without a detailed breakdown of expenses beyond officer compensation, it's challenging to fully assess the allocation between program, administrative, and fundraising costs.