Ckt Foundation
Ckt Foundation maintains strong asset growth and minimal liabilities with no reported officer compensation.
EIN: 203927820 · Lansing, MI · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $588K |
| Program Spending | 80% |
| Net Assets | $10.0M |
| Transparency Score | 85/100 |
Is Ckt Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ckt Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ckt Foundation
Ckt Foundation (EIN: 203927820) is a nonprofit organization based in Lansing, MI, classified under NTEE code T22. The organization reported total revenue of $3.2M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ckt Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ckt Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $841K |
| Total Expenses | $588K |
| Surplus / Deficit | +$253K |
| Total Assets | $10.0M |
| Total Liabilities | $1 |
| Net Assets | $10.0M |
| Operating Margin | 30.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 203.7 months |
Financial Health Grade: A
In 2023, Ckt Foundation reported a surplus of $253K with revenue exceeding expenses, holds 203.7 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), Ckt Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.1% | -11.3% | +2.6% |
| 2022 | -55.2% | +11.1% | -1.4% |
| 2021 | +60.2% | +10.1% | +6.1% |
| 2020 | -0.4% | -7.3% | +1.9% |
| 2019 | +2.9% | -4.5% | +7.3% |
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 Ckt Foundation with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Ckt 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $253K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Ckt Foundation consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid, compensated through non-officer categories, or the organization is volunteer-led, which is a positive sign for 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.
Strengths
The following positive indicators were identified for Ckt Foundation:
- Consistent asset growth, from $7,892,608 in 2012 to $10,160,256 in the latest period.
- Minimal liabilities ($0 or $1 across all filings), indicating strong financial health and low debt.
- No reported officer compensation across all 10 filings, suggesting efficient use of funds or volunteer leadership.
- Consistent IRS 990 filing history (10 filings), demonstrating transparency and compliance.
- Revenue generally exceeds expenses, contributing to a healthy financial position and asset accumulation.
Frequently Asked Questions about Ckt Foundation
Is Ckt Foundation a legitimate charity?
Ckt Foundation (EIN: 203927820) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Ckt Foundation spend its money?
Ckt Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Ckt Foundation tax-deductible?
Ckt Foundation is registered as a tax-exempt nonprofit (EIN: 203927820). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Ckt Foundation's spending goes to programs?
Ckt Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ckt Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ckt Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ckt Foundation located?
Ckt Foundation is headquartered in Lansing, Michigan and files with the IRS under EIN 203927820. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ckt Foundation have?
Ckt Foundation 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 $3.2M in total revenue.
How does Ckt Foundation allocate its expenses between programs, administration, and fundraising?
While specific detailed breakdowns are not provided in the summary data, the organization's consistent asset growth and minimal liabilities suggest a generally efficient operation. Without detailed expense categories, a precise allocation cannot be determined from the provided data.
What is the source of Ckt Foundation's revenue, given its fluctuations?
The provided data shows revenue fluctuations, such as $1,158,381 in 2021 and $840,831 in 2023. Without access to the full 990 forms, the specific sources (e.g., grants, investments, donations) cannot be identified.
Does Ckt Foundation have a strong financial reserve?
Yes, with assets of $10,160,256 and minimal liabilities ($1 in the latest period), the foundation appears to have a very strong financial reserve relative to its annual expenses, which typically range from $500,000 to $700,000.
Filing History
IRS 990 filing history for Ckt Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ckt Foundation's revenue has grown by 91.6%, moving from $439K to $841K. Total assets increased by 23.4% over the same period, from $8.1M to $10.0M. Total functional expenses rose by 5.7%, from $556K to $588K. In its most recent filing year (2023), Ckt Foundation reported a surplus of $253K, with revenue exceeding expenses. The organization holds $1 in liabilities against $10.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $10.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $841K | $588K | $10.0M | $1 | — | View 990 |
| 2022 | $519K | $662K | $9.7M | $1 | — | View 990 |
| 2021 | $1.2M | $596K | $9.9M | $1 | — | — |
| 2020 | $723K | $541K | $9.3M | $1 | — | — |
| 2019 | $726K | $584K | $9.1M | $0 | — | View 990 |
| 2015 | $706K | $611K | $8.5M | $0 | — | View 990 |
| 2014 | $884K | $588K | $8.3M | $0 | — | View 990 |
| 2013 | $784K | $527K | $8.1M | $0 | — | View 990 |
| 2012 | $323K | $521K | $7.9M | $0 | — | View 990 |
| 2011 | $439K | $556K | $8.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $841K, expenses of $588K, and assets of $10.0M (revenue +62.1% year-over-year).
- 2022: Revenue of $519K, expenses of $662K, and assets of $9.7M (revenue -55.2% year-over-year).
- 2021: Revenue of $1.2M, expenses of $596K, and assets of $9.9M (revenue +60.2% year-over-year).
- 2020: Revenue of $723K, expenses of $541K, and assets of $9.3M (revenue -0.4% year-over-year).
- 2019: Revenue of $726K, expenses of $584K, and assets of $9.1M (revenue +2.9% year-over-year).
- 2015: Revenue of $706K, expenses of $611K, and assets of $8.5M (revenue -20.1% year-over-year).
- 2014: Revenue of $884K, expenses of $588K, and assets of $8.3M (revenue +12.6% year-over-year).
- 2013: Revenue of $784K, expenses of $527K, and assets of $8.1M (revenue +143.1% year-over-year).
- 2012: Revenue of $323K, expenses of $521K, and assets of $7.9M (revenue -26.5% year-over-year).
- 2011: Revenue of $439K, expenses of $556K, and assets of $8.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ckt Foundation:
Data Sources and Methodology
This transparency report for Ckt 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.