Consistent operating deficits: Expenses have frequently exceeded revenue, leading to a gradual decline in assets over the past decade (e.g., assets decreased from $1,253,437 in 2015 to $1,017,754 in 2024).
Strengths
Strong asset base relative to annual revenue: Despite deficits, the organization maintains nearly $1 million in assets against annual revenues typically under $200,000.
Zero officer compensation: Consistently reporting 0% officer compensation demonstrates a strong commitment to directing funds to mission-related activities.
Consistent IRS 990 filing history: 13 filings indicate a commitment to transparency and regulatory compliance.
Spending Breakdown
How Knox Garden Court Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Knox Garden Court Inc
Is Knox Garden Court Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Knox Garden Court Inc (EIN: 200349557) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 3 strengths noted.
Is Knox Garden Court Inc a good charity to donate to?
Knox Garden Court Inc has a Mission Score of 80/100. Revenue: $218K. Assets: $969K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Knox Garden Court Inc?
The Employer Identification Number (EIN) for Knox Garden Court Inc is 200349557. 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 Knox Garden Court Inc spend its money?
Knox Garden Court Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Knox Garden Court Inc's tax-exempt status?
You can verify Knox Garden Court Inc's tax-exempt status using EIN 200349557 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
Knox Garden Court Inc. appears to be a small, stable nonprofit focused on housing, as indicated by its NTEE code L22. The organization consistently reports revenues in the range of $125,000 to $180,000 over the past decade, with expenses often exceeding revenue, leading to a gradual decline in assets from $1.25 million in 2015 to $1.01 million in 2024. This trend suggests the organization is operating at a slight deficit, drawing down its reserves over time. However, the asset base remains substantial relative to its annual operating budget.
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. The consistent reporting of 0% officer compensation across all filings is a strong indicator of financial transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This also suggests a volunteer-led or very lean operational structure. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public transparency.