Is Norma J And William Kenneycharitable…

Quick charity verification for Norma J And William Kenneycharitable Foundation (EIN: 204704256)

Strengths

Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and donor trust.
Stable and growing asset base, reaching $3,715,636 in 2023, demonstrating financial resilience.
Minimal to no liabilities reported, indicating a very strong financial position.
Long history of IRS 990 filings (10 filings), suggesting commitment to transparency and compliance.
Expenses generally stable and well-managed relative to asset size.

Spending Breakdown

How Norma J And William Kenneycharitable 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

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 Norma J And William Kenneycharitable Foundation

Is Norma J And William Kenneycharitable Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Norma J And William Kenneycharitable Foundation (EIN: 204704256) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Norma J And William Kenneycharitable Foundation a good charity to donate to?

Norma J And William Kenneycharitable Foundation has a Mission Score of 95/100. Revenue: $2.7M. Assets: $3.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Norma J And William Kenneycharitable Foundation?

The Employer Identification Number (EIN) for Norma J And William Kenneycharitable Foundation is 204704256. 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 Norma J And William Kenneycharitable Foundation spend its money?

Norma J And William Kenneycharitable Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Norma J And William Kenneycharitable Foundation's tax-exempt status?

You can verify Norma J And William Kenneycharitable Foundation's tax-exempt status using EIN 204704256 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 Norma J And William Kenneycharitable Foundation demonstrates consistent financial stability with assets generally growing over time, reaching $3,715,636 in 2023. The organization consistently reports minimal to no liabilities, indicating a strong balance sheet. Revenue has fluctuated significantly year-to-year, from a high of $1,132,447 in 2011 to a low of $82,093 in 2020, suggesting reliance on variable income sources, potentially investment returns given its foundation status. Expenses have remained relatively stable, typically in the $200,000-$250,000 range annually.

The foundation's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, which is a significant positive indicator for donor confidence. While specific program spending breakdowns are not detailed in the provided summary, the absence of executive compensation suggests that a substantial portion of expenses likely goes towards its charitable mission or operational costs directly supporting that mission. The consistent filing of IRS Form 990s over a decade also points to a commitment to transparency.

Overall, the foundation appears to be a well-managed entity with a solid financial foundation and a clear commitment to minimizing administrative overhead, as evidenced by the lack of executive compensation. Its long history of filings and stable asset base, despite fluctuating revenues, suggest a sustainable operational model. Further analysis of program expenses versus administrative and fundraising costs would provide a more granular view of spending efficiency, but the current data is very positive.

Is Norma J And William Kenneycharitable Foundation Legit?

Verdict: Norma J And William Kenneycharitable Foundation appears trustworthy

Red Flags