Quick charity verification for Komak (EIN: 208028264)
Verdict: Komak appears trustworthy
85/100Mission Score
$169KRevenue
$58KAssets
3Red Flags
4Strengths
Red Flags
Significant deficit spending in the latest fiscal period (2023), with expenses exceeding revenue by $47,988.
Substantial decrease in assets from $69,080 in 2022 to $20,961 in 2023, indicating asset erosion.
Inconsistent revenue generation, with notable dips and peaks over the years, making financial planning potentially challenging.
Strengths
Consistent reporting of 0% officer compensation across all filings, demonstrating efficient use of funds for mission.
Long history of IRS 990 filings (14 filings), indicating strong transparency and compliance.
Very low or zero liabilities reported in most periods, suggesting a healthy debt-free financial position.
Consistent operational presence since at least 2014, showing resilience and commitment to its mission.
Spending Breakdown
How Komak 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 Komak
Is Komak a legitimate charity?
Based on AI analysis of IRS 990 filings, Komak (EIN: 208028264) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Komak a good charity to donate to?
Komak has a Mission Score of 85/100. Revenue: $169K. Assets: $58K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Komak?
The Employer Identification Number (EIN) for Komak is 208028264. 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 Komak spend its money?
Komak allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Komak's tax-exempt status?
You can verify Komak's tax-exempt status using EIN 208028264 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
Komak demonstrates a consistent operational history with 14 filings, indicating a commitment to transparency through regular reporting. The organization's revenue has fluctuated over the years, with the latest reported revenue at $160,189 for 2023. A notable point is the deficit spending in the most recent period, with expenses of $208,177 exceeding revenue by $47,988, leading to a decrease in assets from $69,080 in 2022 to $20,961 in 2023. This trend of expenses exceeding revenue was also observed in 2018 and 2014, suggesting potential challenges in maintaining financial equilibrium. However, the organization consistently reports 0% officer compensation, which is a strong indicator of efficient use of donor funds for mission-related activities rather than executive salaries.
While the organization's assets have seen a significant decline in the latest period, its liabilities have remained very low or zero across most years, indicating a healthy balance sheet in terms of debt. The NTEE code E80 suggests a focus on patient and family support, which aligns with a direct service model. The consistent filing of IRS 990s over a long period reflects good governance and a commitment to public accountability. However, the recent deficit spending warrants closer monitoring to ensure long-term financial sustainability and prevent further erosion of assets.
Overall, Komak appears to be a transparent organization with a strong commitment to its mission, as evidenced by its lack of executive compensation. The primary area for improvement lies in managing expenses to align more closely with revenue, especially given the recent significant deficit and asset reduction. Donors should be aware of the recent financial performance but can be reassured by the organization's consistent reporting and lack of executive compensation.