Ck12 Foundation
CK12 Foundation shows consistent revenue growth and zero reported officer compensation over a decade.
EIN: 208007128 · San Jose, CA · NTEE: B70 · Updated: 2026-03-28
Is Ck12 Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ck12 Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ck12 Foundation
Ck12 Foundation (EIN: 208007128) is a nonprofit organization based in San Jose, CA, classified under NTEE code B70. The organization reported total revenue of $28.0M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ck12 Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ck12 Foundation is a large nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.3M |
| Total Expenses | $11.5M |
| Surplus / Deficit | +$2.8M |
| Total Assets | $8.7M |
| Total Liabilities | $1.7M |
| Net Assets | $7.0M |
| Operating Margin | 19.8% |
| Debt-to-Asset Ratio | 20.0% |
| Months of Reserves | 9.1 months |
Financial Health Grade: A
In 2023, Ck12 Foundation reported a surplus of $2.8M with revenue exceeding expenses, holds 9.1 months of operating reserves (strong position), has a debt-to-asset ratio of 20.0% (moderate leverage).
Financial Trends
Over 10 years of filings (2011–2023), Ck12 Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | -1.3% | +50.1% |
| 2022 | +9.7% | -4.3% | +52.9% |
| 2021 | +11.9% | +5.5% | +7.7% |
| 2020 | +12.2% | +33.2% | -4.4% |
| 2019 | -3.7% | -5.4% | +77.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Ck12 Foundation with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Ck12 Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $2.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.0%.
Executive Compensation Analysis
CK12 Foundation has consistently reported 0% officer compensation across all ten available IRS 990 filings, which is highly unusual for an organization with revenues growing to over $14 million. This suggests either a volunteer-led executive team or that executive compensation is categorized differently within their expenses, warranting further investigation for complete transparency.
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 Ck12 Foundation's IRS 990 filings:
- 0% reported officer compensation for an organization of this size could indicate compensation is reported in other categories, potentially obscuring true executive costs.
Strengths
The following positive indicators were identified for Ck12 Foundation:
- Consistent and significant revenue growth, from $4.8M in 2011 to $14.3M in 2023.
- Healthy asset accumulation, growing from under $1M to over $8.6M, indicating strong financial stewardship.
- Expenses consistently managed below or near revenue, demonstrating fiscal responsibility.
- Remarkable 0% reported officer compensation across all filings, suggesting high efficiency or volunteer leadership.
Frequently Asked Questions about Ck12 Foundation
Is Ck12 Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ck12 Foundation (EIN: 208007128) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Ck12 Foundation spend its money?
Ck12 Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Ck12 Foundation tax-deductible?
Ck12 Foundation is registered as a tax-exempt nonprofit (EIN: 208007128). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Ck12 Foundation a good charity?
Based on the provided financial data, Ck12 Foundation appears to be a very good charity. It demonstrates strong financial growth, consistent revenue exceeding expenses, and a remarkable record of 0% reported officer compensation, indicating a high potential for program efficiency and mission focus.
How has Ck12 Foundation's financial health changed over time?
Ck12 Foundation's financial health has significantly improved over time. Revenue grew from $4.8 million in 2011 to $14.3 million in 2023, and assets increased from $984,321 to $8,696,496 in the same period, indicating robust and sustained growth.
What is Ck12 Foundation's approach to executive compensation?
Ck12 Foundation has reported 0% officer compensation in all available IRS 990 filings, suggesting that executive leadership may be entirely volunteer-based or compensated through non-officer categories, which is highly unusual for an organization of its size and revenue.
Filing History
IRS 990 filing history for Ck12 Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ck12 Foundation's revenue has grown by 196.2%, moving from $4.8M to $14.3M. Total assets increased by 783.5% over the same period, from $984K to $8.7M. Total functional expenses rose by 151.9%, from $4.6M to $11.5M. In its most recent filing year (2023), Ck12 Foundation reported a surplus of $2.8M, with revenue exceeding expenses. The organization holds $1.7M in liabilities against $8.7M in assets (debt-to-asset ratio: 20.0%), resulting in net assets of $7.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.3M | $11.5M | $8.7M | $1.7M | — | View 990 |
| 2022 | $13.4M | $11.6M | $5.8M | $1.7M | — | — |
| 2021 | $12.2M | $12.2M | $3.8M | $1.5M | — | — |
| 2020 | $10.9M | $11.5M | $3.5M | $1.3M | — | View 990 |
| 2019 | $9.8M | $8.7M | $3.7M | $852K | — | View 990 |
| 2015 | $10.1M | $9.1M | $2.1M | $518K | — | View 990 |
| 2014 | $9.2M | $9.5M | $2.2M | $1.6M | — | View 990 |
| 2013 | $8.0M | $9.0M | $2.3M | $1.4M | — | View 990 |
| 2012 | $6.7M | $5.7M | $2.2M | $350K | — | View 990 |
| 2011 | $4.8M | $4.6M | $984K | $147K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.3M, expenses of $11.5M, and assets of $8.7M (revenue +6.6% year-over-year).
- 2022: Revenue of $13.4M, expenses of $11.6M, and assets of $5.8M (revenue +9.7% year-over-year).
- 2021: Revenue of $12.2M, expenses of $12.2M, and assets of $3.8M (revenue +11.9% year-over-year).
- 2020: Revenue of $10.9M, expenses of $11.5M, and assets of $3.5M (revenue +12.2% year-over-year).
- 2019: Revenue of $9.8M, expenses of $8.7M, and assets of $3.7M (revenue -3.7% year-over-year).
- 2015: Revenue of $10.1M, expenses of $9.1M, and assets of $2.1M (revenue +10.1% year-over-year).
- 2014: Revenue of $9.2M, expenses of $9.5M, and assets of $2.2M (revenue +14.8% year-over-year).
- 2013: Revenue of $8.0M, expenses of $9.0M, and assets of $2.3M (revenue +19.2% year-over-year).
- 2012: Revenue of $6.7M, expenses of $5.7M, and assets of $2.2M (revenue +39.0% year-over-year).
- 2011: Revenue of $4.8M, expenses of $4.6M, and assets of $984K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ck12 Foundation:
Data Sources and Methodology
This transparency report for Ck12 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.