A P Kirby Foundation Inc
A P Kirby Foundation: Strong Financials, Limited Program Spending
EIN: 222922817 · Mendham, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $26.8M |
| Total Expenses | $6.0M |
| Program Spending | 60% |
| Net Assets | $91.1M |
| Transparency Score | 65/100 |
Is A P Kirby Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
A P Kirby Foundation Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About A P Kirby Foundation Inc
A P Kirby Foundation Inc (EIN: 222922817) is a nonprofit organization based in Mendham, NJ. The organization reported total revenue of $26.8M and total assets of $95.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A P Kirby Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A P Kirby Foundation Inc is a large nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 22.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23.6M |
| Total Expenses | $6.0M |
| Surplus / Deficit | +$17.6M |
| Total Assets | $91.1M |
| Total Liabilities | $1 |
| Net Assets | $91.1M |
| Operating Margin | 74.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 183.5 months |
Financial Health Grade: A
In 2023, A P Kirby Foundation Inc reported a surplus of $17.6M with revenue exceeding expenses, holds 183.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), A P Kirby Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.2% | +50.6% | +24.0% |
| 2022 | +1489.8% | +2483.3% | +210.1% |
| 2021 | +166.8% | +112.9% | +15.8% |
| 2020 | -56.0% | -97.3% | +6.2% |
| 2019 | +103.0% | +40.3% | +39.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A P Kirby Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, A P Kirby Foundation Inc allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a direct assessment of specific dollar amounts challenging without further filings.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of A P Kirby Foundation Inc's IRS 990 filings:
- Program spending as a percentage of total expenses appears to be lower in some years (e.g., 2019 with $2,704,823 total expenses and an unspecified program amount, suggesting a significant portion for non-program activities).
Strengths
The following positive indicators were identified for A P Kirby Foundation Inc:
- The foundation demonstrates substantial asset growth, from $13,813,501 in 2015 to $91,118,072 in 2023, indicating strong financial management and investment returns.
- Consistent revenue generation, with significant spikes in 2022 ($53,759,872) and 2023 ($23,564,240), suggests effective fundraising or investment strategies.
- The organization maintains a healthy asset-to-revenue ratio, providing a solid financial cushion for its operations.
Frequently Asked Questions about A P Kirby Foundation Inc
Is A P Kirby Foundation Inc a legitimate charity?
A P Kirby Foundation Inc (EIN: 222922817) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $26.8M. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does A P Kirby Foundation Inc spend its money?
A P Kirby Foundation Inc directs 60% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to A P Kirby Foundation Inc tax-deductible?
A P Kirby Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222922817). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of A P Kirby Foundation Inc's spending goes to programs?
A P Kirby Foundation Inc directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is A P Kirby Foundation Inc located?
A P Kirby Foundation Inc is headquartered in Mendham, New Jersey and files with the IRS under EIN 222922817.
How many years of IRS 990 filings does A P Kirby Foundation Inc have?
A P Kirby Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $26.8M in total revenue.
What does A P Kirby Foundation Inc do?
A P Kirby Foundation Inc is a nonprofit organization in the Unknown sector, located in Mendham, New Jersey. It is classified under NTEE code Unknown.
How much revenue does A P Kirby Foundation Inc have?
A P Kirby Foundation Inc reported total revenue of $26,843,251. Based on 10 IRS 990 filings on record.
What are A P Kirby Foundation Inc's total assets?
A P Kirby Foundation Inc holds total assets of $95,937,436 as reported in IRS 990 filings.
Where is A P Kirby Foundation Inc located?
A P Kirby Foundation Inc is based in Mendham, New Jersey.
What is A P Kirby Foundation Inc's EIN?
A P Kirby Foundation Inc's Employer Identification Number (EIN) is 222922817. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is A P Kirby Foundation Inc?
A P Kirby Foundation Inc is classified under NTEE code Unknown (Unknown).
Is A P Kirby Foundation Inc a registered 501(c)(3)?
A P Kirby Foundation Inc appears in IRS records (EIN: 222922817). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does A P Kirby Foundation Inc file IRS Form 990?
Yes, A P Kirby Foundation Inc has 10 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was A P Kirby Foundation Inc's revenue in 2023?
In the 202312 filing period, A P Kirby Foundation Inc reported total revenue of $23,564,240, total expenses of $5,959,321, and net assets of $91,118,072.
Is A P Kirby Foundation Inc's revenue growing or declining?
A P Kirby Foundation Inc's revenue is declining. Revenue went from $53,759,872 (202212) to $23,564,240 (202312), a -56.2% change. Based on 10 filings on record.
What is A P Kirby Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for A P Kirby Foundation Inc covers tax period 202312. It shows revenue of $23,564,240, expenses of $5,959,321, total assets of $91,118,072, and liabilities of $1.
How much does A P Kirby Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, A P Kirby Foundation Inc allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is A P Kirby Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, A P Kirby Foundation Inc shows mixed signals. Mission Score: 65/100 (Good). 1 red flag identified. 3 strengths noted.
What are the red flags for A P Kirby Foundation Inc?
The following concerns were identified: Program spending as a percentage of total expenses appears to be lower in some years (e.g., 2019 with $2,704,823 total expenses and an unspecified program amount, suggesting a significant portion for non-program activities).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are A P Kirby Foundation Inc's strengths?
Positive indicators for A P Kirby Foundation Inc include: The foundation demonstrates substantial asset growth, from $13,813,501 in 2015 to $91,118,072 in 2023, indicating strong financial management and investment returns.. Consistent revenue generation, with significant spikes in 2022 ($53,759,872) and 2023 ($23,564,240), suggests effective fundraising or investment strategies.. The organization maintains a healthy asset-to-revenue ratio, providing a solid financial cushion for its operations.. These findings are derived from AI analysis of the organization's financial filings.
How does A P Kirby Foundation Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a direct assessment of specific dollar amounts challenging without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant asset growth and revenue, what specific strategies does the A P Kirby Foundation employ to translate this financial strength into increased programmatic impact?
While the financial data shows robust growth, the specific strategies for converting this into direct programmatic impact are not detailed. Further information on grant-making processes, beneficiary outcomes, and program-specific expenditures would be needed to answer this fully.
Filing History
IRS 990 filing history for A P Kirby Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), A P Kirby Foundation Inc's revenue has grown by 1057.6%, moving from $2.0M to $23.6M. Total assets increased by 641.6% over the same period, from $12.3M to $91.1M. Total functional expenses rose by 641.1%, from $804K to $6.0M. In its most recent filing year (2023), A P Kirby Foundation Inc reported a surplus of $17.6M, with revenue exceeding expenses. The organization holds $1 in liabilities against $91.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $91.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23.6M | $6.0M | $91.1M | $1 | — | — |
| 2022 | $53.8M | $4.0M | $73.5M | $1 | — | View 990 |
| 2021 | $3.4M | $153K | $23.7M | $1 | — | — |
| 2020 | $1.3M | $72K | $20.5M | $1 | — | — |
| 2019 | $2.9M | $2.7M | $19.3M | $1 | — | View 990 |
| 2015 | $1.4M | $1.9M | $13.8M | $1 | — | View 990 |
| 2014 | $3.3M | $2.5M | $14.3M | $1 | — | View 990 |
| 2013 | $2.3M | $2.3M | $13.6M | $1 | — | View 990 |
| 2012 | $2.7M | $1.3M | $13.6M | $1 | — | View 990 |
| 2011 | $2.0M | $804K | $12.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23.6M, expenses of $6.0M, and assets of $91.1M (revenue -56.2% year-over-year).
- 2022: Revenue of $53.8M, expenses of $4.0M, and assets of $73.5M (revenue +1489.8% year-over-year).
- 2021: Revenue of $3.4M, expenses of $153K, and assets of $23.7M (revenue +166.8% year-over-year).
- 2020: Revenue of $1.3M, expenses of $72K, and assets of $20.5M (revenue -56.0% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.7M, and assets of $19.3M (revenue +103.0% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.9M, and assets of $13.8M (revenue -56.7% year-over-year).
- 2014: Revenue of $3.3M, expenses of $2.5M, and assets of $14.3M (revenue +43.9% year-over-year).
- 2013: Revenue of $2.3M, expenses of $2.3M, and assets of $13.6M (revenue -14.8% year-over-year).
- 2012: Revenue of $2.7M, expenses of $1.3M, and assets of $13.6M (revenue +31.4% year-over-year).
- 2011: Revenue of $2.0M, expenses of $804K, and assets of $12.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A P Kirby Foundation Inc:
Data Sources and Methodology
This transparency report for A P Kirby Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.