Expenses are consistently lower than revenue in most periods, contributing to asset growth.
Clear and consistent IRS 990 filing history, indicating strong transparency.
Spending Breakdown
How Kumin 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 Kumin Foundation
Is Kumin Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kumin Foundation (EIN: 203388611) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Kumin Foundation a good charity to donate to?
Kumin Foundation has a Mission Score of 95/100. Revenue: $93K. Assets: $733K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kumin Foundation?
The Employer Identification Number (EIN) for Kumin Foundation is 203388611. 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 Kumin Foundation spend its money?
Kumin Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kumin Foundation's tax-exempt status?
You can verify Kumin Foundation's tax-exempt status using EIN 203388611 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 Kumin Foundation demonstrates consistent financial stability with growing assets over the past decade, increasing from $304,716 in 2011 to $733,053 currently. The organization's expenses have generally remained modest relative to its asset base, with the latest reported expenses for 2023 at $9,389 against revenues of $41,118. This indicates a conservative spending approach, which is typical for a private foundation primarily focused on grantmaking rather than direct program delivery.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that administrative costs are likely very low, with resources primarily directed towards the foundation's charitable purpose. The foundation's liabilities have consistently been reported as minimal ($0 or $1), further indicating sound financial management and a lack of significant debt.
Transparency is high, with a clear history of IRS 990 filings available. The consistent reporting of key financial metrics and the absence of officer compensation contribute to a positive assessment of its openness. The foundation's financial health is robust, characterized by asset growth and efficient, low-overhead operations.