Collins Kids The David Bennettfoundation
Collins Kids The David Bennettfoundation shows consistent revenue growth and no officer compensation, maintaining a strong asset base.
EIN: 208571755 · Conway, SC · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $290K |
| Total Expenses | $199K |
| Program Spending | 85% |
| Net Assets | $108K |
| Transparency Score | 90/100 |
Is Collins Kids The David Bennettfoundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Collins Kids The David Bennettfoundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Collins Kids The David Bennettfoundation
Collins Kids The David Bennettfoundation (EIN: 208571755) is a nonprofit organization based in Conway, SC, classified under NTEE code P30. The organization reported total revenue of $290K and total assets of $94K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Collins Kids The David Bennettfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Collins Kids The David Bennettfoundation is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $199K |
| Surplus / Deficit | $-24,528 |
| Total Assets | $108K |
| Net Assets | $108K |
| Operating Margin | -14.0% |
| Months of Reserves | 6.5 months |
Financial Health Grade: B
In 2023, Collins Kids The David Bennettfoundation reported a deficit of $25K with expenses exceeding revenue, holds 6.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Collins Kids The David Bennettfoundation's revenue has grown at a compound annual growth rate (CAGR) of 9.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.5% | +24.2% | -18.5% |
| 2022 | +72.1% | +31.2% | +68.7% |
| 2021 | +18.7% | +58.9% | +3.1% |
| 2020 | +6.8% | -9.3% | +58.0% |
| 2019 | +39.7% | +0.4% | +38.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Collins Kids The David Bennettfoundation 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, Collins Kids The David Bennettfoundation 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 deficit of $25K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is highly favorable for donor confidence 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 Collins Kids The David Bennettfoundation's IRS 990 filings:
- Expenses slightly exceeded revenue in the latest filing period (202312), leading to a decrease in assets from $132,522 to $107,994.
Strengths
The following positive indicators were identified for Collins Kids The David Bennettfoundation:
- Consistent revenue growth over the past decade, from $48,186 in 2014 to $174,705 in 2023.
- 0% officer compensation reported across all filings, indicating high efficiency and dedication of resources to mission.
- No reported liabilities in any filing period, demonstrating strong financial management and a debt-free status.
- Healthy growth in assets over time, from $43,995 in 2014 to $107,994 in 2023.
- Consistent filing history with 13 available IRS 990s, indicating strong transparency.
Frequently Asked Questions about Collins Kids The David Bennettfoundation
Is Collins Kids The David Bennettfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Collins Kids The David Bennettfoundation (EIN: 208571755) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Collins Kids The David Bennettfoundation spend its money?
Collins Kids The David Bennettfoundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Collins Kids The David Bennettfoundation tax-deductible?
Collins Kids The David Bennettfoundation is registered as a tax-exempt nonprofit (EIN: 208571755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Collins Kids The David Bennettfoundation's spending goes to programs?
Collins Kids The David Bennettfoundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Collins Kids The David Bennettfoundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Collins Kids The David Bennettfoundation is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Collins Kids The David Bennettfoundation located?
Collins Kids The David Bennettfoundation is headquartered in Conway, South Carolina and files with the IRS under EIN 208571755. It is classified under NTEE code P30.
How many years of IRS 990 filings does Collins Kids The David Bennettfoundation have?
Collins Kids The David Bennettfoundation 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 $290K in total revenue.
Is Collins Kids The David Bennettfoundation financially stable?
Yes, the organization demonstrates strong financial stability with consistent revenue growth over the years and no reported liabilities. While the latest period (2023) showed a slight deficit, previous years like 2022 had a significant surplus ($214,351 revenue vs $160,363 expenses).
How efficiently does Collins Kids The David Bennettfoundation use its funds?
The organization appears to be highly efficient, especially given that 0% of its budget is allocated to officer compensation, as reported in all available filings. This suggests a strong focus on directing funds towards its mission.
Does Collins Kids The David Bennettfoundation have any debt?
No, the organization has consistently reported $0 in liabilities across all available IRS 990 filings, indicating a debt-free financial position.
Has Collins Kids The David Bennettfoundation's revenue been growing?
Yes, the organization has shown significant revenue growth over the past decade, increasing from $48,186 in 2014 to $174,705 in 2023, with a peak of $214,351 in 2022.
What is the trend in the organization's assets?
The organization's assets have generally grown over time, from $43,995 in 2014 to $107,994 in 2023, peaking at $132,522 in 2022, indicating a healthy accumulation of resources.
Filing History
IRS 990 filing history for Collins Kids The David Bennettfoundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Collins Kids The David Bennettfoundation's revenue has grown by 193.6%, moving from $59K to $175K. Total assets increased by 108.5% over the same period, from $52K to $108K. Total functional expenses rose by 81.7%, from $110K to $199K. In its most recent filing year (2023), Collins Kids The David Bennettfoundation reported a deficit of $25K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $199K | $108K | $0 | — | — |
| 2022 | $214K | $160K | $133K | $0 | — | View 990 |
| 2021 | $125K | $122K | $79K | $0 | — | View 990 |
| 2020 | $105K | $77K | $76K | $0 | — | — |
| 2019 | $98K | $85K | $48K | $0 | — | View 990 |
| 2018 | $70K | $85K | $35K | $0 | — | View 990 |
| 2017 | $54K | $39K | $49K | $0 | — | View 990 |
| 2016 | $45K | $51K | $34K | $0 | — | View 990 |
| 2015 | $44K | $48K | $39K | $0 | — | View 990 |
| 2014 | $48K | $44K | $44K | $0 | — | View 990 |
| 2013 | $51K | $68K | $40K | $0 | — | View 990 |
| 2012 | $65K | $60K | $56K | $0 | — | View 990 |
| 2011 | $59K | $110K | $52K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $199K, and assets of $108K (revenue -18.5% year-over-year).
- 2022: Revenue of $214K, expenses of $160K, and assets of $133K (revenue +72.1% year-over-year).
- 2021: Revenue of $125K, expenses of $122K, and assets of $79K (revenue +18.7% year-over-year).
- 2020: Revenue of $105K, expenses of $77K, and assets of $76K (revenue +6.8% year-over-year).
- 2019: Revenue of $98K, expenses of $85K, and assets of $48K (revenue +39.7% year-over-year).
- 2018: Revenue of $70K, expenses of $85K, and assets of $35K (revenue +30.7% year-over-year).
- 2017: Revenue of $54K, expenses of $39K, and assets of $49K (revenue +18.9% year-over-year).
- 2016: Revenue of $45K, expenses of $51K, and assets of $34K (revenue +3.7% year-over-year).
- 2015: Revenue of $44K, expenses of $48K, and assets of $39K (revenue -9.5% year-over-year).
- 2014: Revenue of $48K, expenses of $44K, and assets of $44K (revenue -6.1% year-over-year).
- 2013: Revenue of $51K, expenses of $68K, and assets of $40K (revenue -20.7% year-over-year).
- 2012: Revenue of $65K, expenses of $60K, and assets of $56K (revenue +8.7% year-over-year).
- 2011: Revenue of $59K, expenses of $110K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Collins Kids The David Bennettfoundation:
Data Sources and Methodology
This transparency report for Collins Kids The David Bennettfoundation 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.