Craig E Kaforey Family Foundation
EIN: 921337916 · Allison Park, PA · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $600K |
| Total Expenses | $28K |
| Net Assets | $491K |
Is Craig E Kaforey Family Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Craig E Kaforey Family Foundation
Craig E Kaforey Family Foundation (EIN: 921337916) is a nonprofit organization based in Allison Park, PA, classified under NTEE code T20. The organization reported total revenue of $600K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Craig E Kaforey Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Craig E Kaforey Family Foundation is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -97.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $28K |
| Surplus / Deficit | $-14,159 |
| Total Assets | $491K |
| Total Liabilities | $1 |
| Net Assets | $491K |
| Operating Margin | -104.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 212.7 months |
Financial Health Grade: B
In 2023, Craig E Kaforey Family Foundation reported a deficit of $14K with expenses exceeding revenue, holds 212.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Craig E Kaforey Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -97.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -97.3% | — | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Craig E Kaforey Family Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Craig E Kaforey Family Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $14K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Craig E Kaforey Family Foundation
Is Craig E Kaforey Family Foundation a legitimate charity?
Craig E Kaforey Family Foundation (EIN: 921337916) is a registered tax-exempt nonprofit based in Pennsylvania. It has 2 years of IRS 990 filings on record. Total revenue: $600K. No red flags identified. Financial health grade: B.
How does Craig E Kaforey Family Foundation spend its money?
Craig E Kaforey Family Foundation reported $600K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Craig E Kaforey Family Foundation tax-deductible?
Craig E Kaforey Family Foundation is registered as a tax-exempt nonprofit (EIN: 921337916). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Craig E Kaforey Family Foundation located?
Craig E Kaforey Family Foundation is headquartered in Allison Park, Pennsylvania and files with the IRS under EIN 921337916. It is classified under NTEE code T20.
How many years of IRS 990 filings does Craig E Kaforey Family Foundation have?
Craig E Kaforey Family Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $600K in total revenue.
Filing History
IRS 990 filing history for Craig E Kaforey Family Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Craig E Kaforey Family Foundation's revenue has declined by 97.3%, moving from $504K to $14K. Total assets decreased by 2.5% over the same period, from $504K to $491K. In its most recent filing year (2023), Craig E Kaforey Family Foundation reported a deficit of $14K, with expenses exceeding revenue. The organization holds $1 in liabilities against $491K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $491K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $28K | $491K | $1 | — | View 990 |
| 2022 | $504K | $0 | $504K | $1 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Craig E Kaforey Family Foundation:
Data Sources and Methodology
This transparency report for Craig E Kaforey Family 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.