Ada Howe Kent Foundation

Ada Howe Kent Foundation reports $14.2M in assets but faced a $610K deficit in its latest fiscal year.

EIN: 136066978 · Hazlet, NJ · Updated: 2026-03-28

$11.2MRevenue

$14.2MAssets

75/100Mission Score (Good)

About Ada Howe Kent Foundation

Ada Howe Kent Foundation (EIN: 136066978) is a nonprofit organization based in Hazlet, NJ. The organization reported total revenue of $11.2M and total assets of $14.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ada Howe Kent Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Ada Howe Kent Foundation demonstrates a consistent financial structure with substantial assets, reported at $14,233,860 in the latest 2023 filing. However, the organization experienced a significant deficit in its most recent fiscal period (202309), with expenses of $1,197,566 far exceeding revenue of $587,451. This trend of expenses sometimes exceeding revenue has been observed in previous years as well, such as in 2019, 2013, and 2012, indicating potential reliance on asset drawdowns or fluctuating income streams. The foundation consistently reports zero officer compensation, which is a positive indicator for donor confidence regarding executive pay.

While the foundation maintains a strong asset base, the recurring operational deficits raise questions about long-term financial sustainability if not addressed. The lack of detailed NTEE code information makes it difficult to benchmark spending efficiency against similar organizations. The consistent reporting of minimal liabilities ($1 in recent years) suggests good financial management in terms of debt, but the overall financial health would benefit from more consistent revenue generation relative to expenses.

Transparency is generally good with regular 990 filings and clear reporting of assets, liabilities, revenue, and expenses. The absence of officer compensation is a notable point of transparency. However, without a clear breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency is challenging. The foundation's ability to maintain and grow its asset base over time, from $10,739,336 in 2011 to $14,233,860 in 2023, suggests effective asset management despite operational fluctuations.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Ada Howe Kent Foundation with a Mission Score of 75 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Ada Howe Kent Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Ada Howe Kent Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly favorable for donor perception and resource allocation.

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 Ada Howe Kent Foundation's IRS 990 filings:

Significant operational deficit in the latest fiscal year (202309), with expenses ($1,197,566) more than double revenue ($587,451).
Recurring instances of expenses exceeding revenue in multiple past periods (e.g., 2019, 2013, 2012), indicating potential reliance on asset drawdowns or inconsistent funding.
Lack of detailed NTEE code makes it difficult to benchmark against peer organizations for spending efficiency.

Strengths

The following positive indicators were identified for Ada Howe Kent Foundation:

Consistent reporting of 0% officer compensation, indicating no executive salaries or benefits are paid.
Substantial and growing asset base, increasing from $10.7 million in 2011 to $14.2 million in 2023, demonstrating strong asset management.
Consistently low liabilities ($1 in recent years), indicating sound debt management.
Regular 990 filings demonstrate good transparency in financial reporting.

Frequently Asked Questions about Ada Howe Kent Foundation

Is the Ada Howe Kent Foundation financially sustainable given its recent deficits?

The foundation has experienced operational deficits in several years, including a significant one in 2023 ($587,451 revenue vs. $1,197,566 expenses). While it has substantial assets ($14,233,860), sustained deficits could impact long-term financial health if not offset by future revenue or strategic asset utilization.

What is the primary source of the foundation's revenue?

The provided data only shows total revenue. Without a detailed 990 breakdown, the specific sources (e.g., investment income, grants, donations) cannot be determined from this summary.

How does the foundation manage its significant assets?

The foundation has consistently grown its assets from $10.7 million in 2011 to $14.2 million in 2023, suggesting effective investment and asset management strategies, despite periods of operational deficits.

Filing History

IRS 990 filing history for Ada Howe Kent Foundation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2011–2023), Ada Howe Kent Foundation's revenue has declined by 16.2%, moving from $701K to $587K. Total assets increased by 32.5% over the same period, from $10.7M to $14.2M. Total functional expenses rose by 101.7%, from $594K to $1.2M. In its most recent filing year (2023), Ada Howe Kent Foundation reported a deficit of $610K, with expenses exceeding revenue. The organization holds $1 in liabilities against $14.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $14.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$587K	$1.2M	$14.2M	$1	—	View 990
2022	$2.0M	$823K	$14.8M	$1	—	View 990
2021	$2.6M	$847K	$13.6M	$1	—	View 990
2019	$799K	$813K	$11.8M	$0	—	View 990
2015	$1.1M	$860K	$11.5M	$0	—	View 990
2014	$1.2M	$645K	$11.2M	$0	—	View 990
2013	$605K	$615K	$10.7M	$0	—	View 990
2012	$579K	$612K	$10.7M	$0	—	View 990
2011	$701K	$594K	$10.7M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $587K, expenses of $1.2M, and assets of $14.2M (revenue -71.2% year-over-year).
2022: Revenue of $2.0M, expenses of $823K, and assets of $14.8M (revenue -22.4% year-over-year).
2021: Revenue of $2.6M, expenses of $847K, and assets of $13.6M (revenue +228.4% year-over-year).
2019: Revenue of $799K, expenses of $813K, and assets of $11.8M (revenue -30.3% year-over-year).
2015: Revenue of $1.1M, expenses of $860K, and assets of $11.5M (revenue -2.5% year-over-year).
2014: Revenue of $1.2M, expenses of $645K, and assets of $11.2M (revenue +94.5% year-over-year).
2013: Revenue of $605K, expenses of $615K, and assets of $10.7M (revenue +4.5% year-over-year).
2012: Revenue of $579K, expenses of $612K, and assets of $10.7M (revenue -17.4% year-over-year).
2011: Revenue of $701K, expenses of $594K, and assets of $10.7M.

Data Sources and Methodology

This transparency report for Ada Howe Kent Foundation 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.