Is The Kelly Gibson Foundation Legit? —…

Strengths

Consistent revenue growth, from $328,995 in 2014 to $1,109,260 latest.
Strong asset accumulation, growing from $251,641 in 2014 to $1,395,162 currently.
Zero reported officer compensation across all 13 filings, indicating high efficiency and program focus.
Expenses consistently lower than revenue, allowing for healthy asset growth and financial stability.
Low liabilities relative to assets, demonstrating sound financial management (e.g., $57,198 liabilities vs. $1,201,904 assets in 2023).

Spending Breakdown

How The Kelly Gibson Foundation allocates its funds across programs, administration, and fundraising.

85%

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 The Kelly Gibson Foundation

Is The Kelly Gibson Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, The Kelly Gibson Foundation (EIN: 203413020) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is The Kelly Gibson Foundation a good charity to donate to?

The Kelly Gibson Foundation has a Mission Score of 92/100. Revenue: $1.1M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Kelly Gibson Foundation?

The Employer Identification Number (EIN) for The Kelly Gibson Foundation is 203413020. 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 The Kelly Gibson Foundation spend its money?

The Kelly Gibson Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Kelly Gibson Foundation's tax-exempt status?

You can verify The Kelly Gibson Foundation's tax-exempt status using EIN 203413020 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 Kelly Gibson Foundation demonstrates a consistent pattern of financial growth and responsible management. Over the past five years, the organization's revenue has steadily increased from $449,786 in 2019 to $691,940 in 2023, with a notable jump to $1,109,260 in its latest reported revenue. This growth is mirrored in its asset base, which has expanded from $474,639 in 2019 to $1,395,162 currently, indicating strong financial health and capacity. The foundation consistently spends less than it brings in, as evidenced by expenses of $536,034 against revenues of $691,940 in 2023, allowing for asset accumulation and future program stability.

The organization's spending efficiency appears robust, with a significant portion of its expenses likely directed towards its programs, given the absence of reported officer compensation across all filings. This suggests a lean operational structure and a focus on mission delivery. The consistent growth in assets while maintaining relatively low liabilities (e.g., $57,198 in 2023) further underscores sound financial stewardship. The lack of reported officer compensation also enhances its transparency profile, as it indicates that leadership is either unpaid or compensated through other means not typically reported as officer compensation on the 990, which is a positive sign for donor confidence.

Overall, The Kelly Gibson Foundation exhibits strong financial health, efficient spending practices, and a high degree of transparency regarding executive compensation. Its consistent growth in revenue and assets, coupled with a history of no reported officer compensation, positions it as a financially sound and mission-focused nonprofit.

Is The Kelly Gibson Foundation Legit?

Verdict: The Kelly Gibson Foundation appears trustworthy