Is Kuali Foundation Inc Legit?

Red Flags

Significant and inconsistent year-over-year revenue and expense fluctuations, indicating potential financial instability.
Substantial deficits in multiple years (e.g., $9 million deficit in 2015, $2 million deficit in 2022) without clear explanation of how these are sustained.
Dramatic decrease in assets from a high of $27.8 million in 2013 to $555,276 currently, suggesting significant asset depletion or divestment.
Consistent 0% officer compensation, which is unusual for an organization of this scale and could imply compensation is reported elsewhere or through related parties.

Strengths

Long history of IRS 990 filings (12 filings), demonstrating commitment to public disclosure.
No reported officer compensation, suggesting a focus on minimizing executive overhead.
Significant revenue generation in peak years, indicating capacity for large-scale operations.
Relatively low liabilities compared to assets in many periods, suggesting good debt management.

Spending Breakdown

How Kuali Foundation Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Kuali Foundation Inc

Is Kuali Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Kuali Foundation Inc (EIN: 205118023) appears trustworthy. Mission Score: 70/100. 4 red flags identified, 4 strengths noted.

Is Kuali Foundation Inc a good charity to donate to?

Kuali Foundation Inc has a Mission Score of 70/100. Revenue: $1.7M. Assets: $555K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Kuali Foundation Inc?

The Employer Identification Number (EIN) for Kuali Foundation Inc is 205118023. 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 Kuali Foundation Inc spend its money?

Kuali Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Kuali Foundation Inc's tax-exempt status?

You can verify Kuali Foundation Inc's tax-exempt status using EIN 205118023 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 Kuali Foundation Inc. exhibits fluctuating financial health over the past decade. While it has reported significant revenues in some years, such as $17,067,108 in 2017 and $14,893,311 in 2015, it has also experienced substantial deficits, with expenses exceeding revenue by large margins in multiple periods (e.g., $23,909,217 in expenses against $14,893,311 in revenue in 2015, and $4,117,415 in expenses against $2,155,792 in revenue in 2022). This indicates an inconsistent financial strategy or reliance on reserves during certain periods. The organization's assets have also seen considerable variation, from a high of $27,848,800 in 2013 to a low of $555,276 currently, suggesting significant asset utilization or divestment.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing executive overhead, which is a positive indicator for efficiency. The significant swings in revenue and expenses, however, raise questions about the predictability and stability of its financial operations.

Transparency appears to be strong concerning executive compensation, with no reported officer compensation. The availability of 12 years of IRS 990 filings also demonstrates a commitment to public disclosure. However, a more detailed breakdown of expenses within the filings would further enhance transparency regarding how funds are allocated across different functions.

Verdict: Kuali Foundation Inc appears trustworthy