Is The Kortney Rose Foundation Inc Legit?

Quick charity verification for The Kortney Rose Foundation Inc (EIN: 205350807)

Verdict: The Kortney Rose Foundation Inc appears trustworthy

95/100Mission Score
$257KRevenue
$109KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

The Kortney Rose Foundation Inc demonstrates consistent financial health, with its latest revenue at $256,874 and assets growing to $109,282 in 2020, up significantly from $17,584 in 2019. The organization consistently spends less than it earns, as seen in 2020 where expenses were $153,580 against $245,278 in revenue, indicating sound financial management. The foundation's liabilities have remained at $0 in recent years, further highlighting its strong financial position. Spending efficiency appears high, particularly given the 0% officer compensation across all reported periods, suggesting that a very high proportion of funds are directed towards programs and operational costs rather than executive salaries. This commitment to minimizing administrative overhead is a positive indicator for donors. The consistent growth in assets, especially the substantial jump from 2019 to 2020, suggests effective accumulation of resources to support its mission. Transparency is strong, with a clear history of IRS 990 filings over ten periods. The absence of officer compensation is explicitly stated, which is a key aspect of financial transparency. The organization's consistent filing and clear financial statements allow for easy assessment of its financial activities and commitment to its stated purpose.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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