Daniel J Kobasic Foundation
EIN: 831149474 · Escanaba, MI · NTEE: T23
Is Daniel J Kobasic Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Daniel J Kobasic Foundation
Daniel J Kobasic Foundation (EIN: 831149474) is a nonprofit organization based in Escanaba, MI, classified under NTEE code T23. The organization reported total revenue of $8.6M and total assets of $31.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Daniel J Kobasic Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Daniel J Kobasic 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 Daniel J Kobasic 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.
Frequently Asked Questions about Daniel J Kobasic Foundation
Is Daniel J Kobasic Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Daniel J Kobasic Foundation (EIN: 831149474) insufficient data. 0 red flags identified, 0 strengths noted.
How does Daniel J Kobasic Foundation spend its money?
Detailed spending breakdown data is not yet available for Daniel J Kobasic Foundation. Check back for updated IRS 990 analysis.
Are donations to Daniel J Kobasic Foundation tax-deductible?
Daniel J Kobasic Foundation is registered as a tax-exempt nonprofit (EIN: 831149474). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Daniel J Kobasic Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Daniel J Kobasic Foundation's revenue has grown by 108.2%, moving from $349K to $727K. Total assets increased by 5535.6% over the same period, from $349K to $19.7M. In its most recent filing year (2023), Daniel J Kobasic Foundation reported a deficit of $455K, with expenses exceeding revenue. The organization holds $94K in liabilities against $19.7M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $19.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $727K | $1.2M | $19.7M | $94K | — | — |
| 2022 | $671K | $1.1M | $19.9M | $607 | — | View 990 |
| 2021 | $7.9M | $886K | $20.4M | $1 | — | View 990 |
| 2020 | $332K | $562K | $13.4M | $1 | — | View 990 |
| 2019 | $14.7M | $90K | $13.6M | $1 | — | — |
| 2018 | $349K | $0 | $349K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $727K, expenses of $1.2M, and assets of $19.7M (revenue +8.5% year-over-year).
- 2022: Revenue of $671K, expenses of $1.1M, and assets of $19.9M (revenue -91.5% year-over-year).
- 2021: Revenue of $7.9M, expenses of $886K, and assets of $20.4M (revenue +2265.1% year-over-year).
- 2020: Revenue of $332K, expenses of $562K, and assets of $13.4M (revenue -97.7% year-over-year).
- 2019: Revenue of $14.7M, expenses of $90K, and assets of $13.6M (revenue +4120.1% year-over-year).
- 2018: Revenue of $349K, expenses of $0, and assets of $349K.
Data Sources and Methodology
This transparency report for Daniel J Kobasic 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.