Carneys Kids Foundation
Carneys Kids Foundation shows consistent revenue growth and efficient spending with no officer compensation.
EIN: 202471463 · Saint Louis, MO · NTEE: O129 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $190K |
| Total Expenses | $163K |
| Program Spending | 85% |
| Net Assets | $65K |
| Transparency Score | 90/100 |
Is Carneys Kids Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carneys Kids Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carneys Kids Foundation
Carneys Kids Foundation (EIN: 202471463) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code O129. The organization reported total revenue of $190K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carneys Kids Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carneys Kids Foundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 9.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $163K |
| Surplus / Deficit | +$19K |
| Total Assets | $65K |
| Net Assets | $65K |
| Operating Margin | 10.5% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, Carneys Kids Foundation reported a surplus of $19K with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2010–2023), Carneys Kids Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.3% | +30.8% | +41.5% |
| 2022 | +5.1% | +7.3% | -0.4% |
| 2021 | +30.8% | +22.6% | +5.1% |
| 2020 | +13.9% | -2.2% | -8.8% |
| 2019 | -3.0% | +30.9% | -26.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Carneys Kids Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Carneys Kids Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $19K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based. This is highly commendable for an organization of its size, ensuring that all donor funds are directed towards its mission.
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.
Strengths
The following positive indicators were identified for Carneys Kids Foundation:
- Consistent revenue growth, from $6,350 in 2014 to $181,939 in 2023.
- 0% officer compensation reported across all 13 filings, maximizing funds for programs.
- No reported liabilities, indicating strong financial health and low risk.
- Expenses closely align with revenue, suggesting efficient use of funds (e.g., $162,834 expenses vs. $181,939 revenue in 2023).
- Consistent IRS 990 filing history over 13 periods, demonstrating transparency.
Frequently Asked Questions about Carneys Kids Foundation
Is Carneys Kids Foundation a legitimate charity?
Carneys Kids Foundation (EIN: 202471463) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $190K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Carneys Kids Foundation spend its money?
Carneys Kids Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Carneys Kids Foundation tax-deductible?
Carneys Kids Foundation is registered as a tax-exempt nonprofit (EIN: 202471463). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Carneys Kids Foundation's spending goes to programs?
Carneys Kids Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Carneys Kids Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Carneys Kids Foundation is above average for NTEE category O129 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Carneys Kids Foundation located?
Carneys Kids Foundation is headquartered in Saint Louis, Missouri and files with the IRS under EIN 202471463. It is classified under NTEE code O129.
How many years of IRS 990 filings does Carneys Kids Foundation have?
Carneys Kids Foundation has 13 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 $190K in total revenue.
Is Carneys Kids Foundation a good charity?
Based on the provided financial data, Carneys Kids Foundation appears to be a good charity. It demonstrates consistent revenue growth, efficient spending with expenses closely matching revenue, and a strong commitment to its mission by reporting 0% officer compensation across all filings.
How has Carneys Kids Foundation's revenue trended over time?
Carneys Kids Foundation has shown significant and consistent revenue growth, increasing from $6,350 in 2014 to $181,939 in 2023, indicating growing support and impact.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all 13 filings, indicating a volunteer-led model where no funds are used for executive salaries.
Does Carneys Kids Foundation have significant liabilities?
No, Carneys Kids Foundation consistently reports $0 in liabilities across all available filings, suggesting a very healthy balance sheet and low financial risk.
Filing History
IRS 990 filing history for Carneys Kids Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2023), Carneys Kids Foundation's revenue has grown by 230.4%, moving from $55K to $182K. Total assets increased by 26.8% over the same period, from $51K to $65K. Total functional expenses rose by 649.4%, from $22K to $163K. In its most recent filing year (2023), Carneys Kids Foundation reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $163K | $65K | $0 | — | — |
| 2022 | $124K | $125K | $46K | $0 | — | View 990 |
| 2021 | $118K | $116K | $46K | $0 | — | View 990 |
| 2020 | $90K | $95K | $44K | $0 | — | View 990 |
| 2019 | $79K | $97K | $48K | $0 | — | View 990 |
| 2018 | $82K | $74K | $66K | $0 | — | View 990 |
| 2017 | $77K | $73K | $58K | $0 | — | View 990 |
| 2016 | $58K | $36K | $54K | $0 | — | View 990 |
| 2015 | $16K | $35K | $32K | $0 | — | View 990 |
| 2014 | $6K | $20K | $35K | $0 | — | View 990 |
| 2012 | $45K | $40K | $43K | $0 | — | View 990 |
| 2011 | $34K | $47K | $38K | $0 | — | View 990 |
| 2010 | $55K | $22K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $163K, and assets of $65K (revenue +46.3% year-over-year).
- 2022: Revenue of $124K, expenses of $125K, and assets of $46K (revenue +5.1% year-over-year).
- 2021: Revenue of $118K, expenses of $116K, and assets of $46K (revenue +30.8% year-over-year).
- 2020: Revenue of $90K, expenses of $95K, and assets of $44K (revenue +13.9% year-over-year).
- 2019: Revenue of $79K, expenses of $97K, and assets of $48K (revenue -3.0% year-over-year).
- 2018: Revenue of $82K, expenses of $74K, and assets of $66K (revenue +6.6% year-over-year).
- 2017: Revenue of $77K, expenses of $73K, and assets of $58K (revenue +31.4% year-over-year).
- 2016: Revenue of $58K, expenses of $36K, and assets of $54K (revenue +271.1% year-over-year).
- 2015: Revenue of $16K, expenses of $35K, and assets of $32K (revenue +147.9% year-over-year).
- 2014: Revenue of $6K, expenses of $20K, and assets of $35K (revenue -85.8% year-over-year).
- 2012: Revenue of $45K, expenses of $40K, and assets of $43K (revenue +31.9% year-over-year).
- 2011: Revenue of $34K, expenses of $47K, and assets of $38K (revenue -38.3% year-over-year).
- 2010: Revenue of $55K, expenses of $22K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carneys Kids Foundation:
Data Sources and Methodology
This transparency report for Carneys Kids 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.