Quick charity verification for Kyle Korver Foundation (EIN: 205879443)
Verdict: Kyle Korver Foundation shows mixed signals
65/100Mission Score
$447KRevenue
$1.6MAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (202312, 202212, 202112)
Significant decline in revenue from a peak of over $1 million to $81,442 in 202312
Expenses significantly outstripping revenue in the most recent filing period ($226,369 expenses vs. $81,442 revenue in 202312)
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds at the executive level.
Maintains a healthy asset base ($1,722,746 in 202312) providing financial stability despite recent deficits.
Consistent filing history demonstrates transparency and compliance with IRS requirements.
Spending Breakdown
How Kyle Korver Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Kyle Korver Foundation
Is Kyle Korver Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kyle Korver Foundation (EIN: 205879443) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Kyle Korver Foundation a good charity to donate to?
Kyle Korver Foundation has a Mission Score of 65/100. Revenue: $447K. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Kyle Korver Foundation?
The Employer Identification Number (EIN) for Kyle Korver Foundation is 205879443. 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 Kyle Korver Foundation spend its money?
Kyle Korver Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Kyle Korver Foundation's tax-exempt status?
You can verify Kyle Korver Foundation's tax-exempt status using EIN 205879443 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 Kyle Korver Foundation demonstrates a mixed financial picture. While the organization has consistently reported zero officer compensation across all available filings, indicating good transparency regarding executive pay, its financial stability has shown some volatility. In the most recent period (202312), the foundation reported expenses of $226,369 against revenue of only $81,442, resulting in a significant deficit. This trend of expenses exceeding revenue is also observed in 202212 and 202112, suggesting a reliance on prior year reserves or asset drawdowns to cover operational costs.
Over its history, the foundation has experienced substantial fluctuations in revenue, peaking at over $1 million in 201512 but declining significantly in recent years. Despite these revenue challenges, the organization maintains a healthy asset base of $1,722,746 as of 202312, which provides a buffer. However, sustained deficits could erode these assets over time. The NTEE code T30 (Sports & Recreation) suggests a clear program focus, but without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the overall financial health.