David And Terri@Kester Foundation Inc
EIN: 813808376 · Asheville, NC · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $872K |
| Total Expenses | $295K |
| Net Assets | $4.6M |
Is David And Terri@Kester Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About David And Terri@Kester Foundation Inc
David And Terri@Kester Foundation Inc (EIN: 813808376) is a nonprofit organization based in Asheville, NC, classified under NTEE code T20. The organization reported total revenue of $872K and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David And Terri@Kester Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David And Terri@Kester Foundation Inc is a small nonprofit that has been operating for 9 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $209K |
| Total Expenses | $295K |
| Surplus / Deficit | $-85,516 |
| Total Assets | $4.6M |
| Total Liabilities | $1 |
| Net Assets | $4.6M |
| Operating Margin | -40.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 186.3 months |
Financial Health Grade: B
In 2023, David And Terri@Kester Foundation Inc reported a deficit of $86K with expenses exceeding revenue, holds 186.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), David And Terri@Kester Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.5% | -10.5% | -2.0% |
| 2022 | +24.5% | -2.0% | -0.6% |
| 2021 | +50.3% | +9.3% | -2.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for David And Terri@Kester Foundation Inc 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 David And Terri@Kester Foundation Inc 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 $86K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about David And Terri@Kester Foundation Inc
Is David And Terri@Kester Foundation Inc a legitimate charity?
David And Terri@Kester Foundation Inc (EIN: 813808376) is a registered tax-exempt nonprofit based in North Carolina. It has 4 years of IRS 990 filings on record. Total revenue: $872K. No red flags identified. Financial health grade: B.
How does David And Terri@Kester Foundation Inc spend its money?
David And Terri@Kester Foundation Inc reported $872K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to David And Terri@Kester Foundation Inc tax-deductible?
David And Terri@Kester Foundation Inc is registered as a tax-exempt nonprofit (EIN: 813808376). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is David And Terri@Kester Foundation Inc located?
David And Terri@Kester Foundation Inc is headquartered in Asheville, North Carolina and files with the IRS under EIN 813808376. It is classified under NTEE code T20.
How many years of IRS 990 filings does David And Terri@Kester Foundation Inc have?
David And Terri@Kester Foundation Inc has 4 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 $872K in total revenue.
Filing History
IRS 990 filing history for David And Terri@Kester Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), David And Terri@Kester Foundation Inc's revenue has grown by 30.1%, moving from $161K to $209K. Total assets decreased by 4.6% over the same period, from $4.8M to $4.6M. Total functional expenses fell by 4.2%, from $308K to $295K. In its most recent filing year (2023), David And Terri@Kester Foundation Inc reported a deficit of $86K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $209K | $295K | $4.6M | $1 | — | View 990 |
| 2022 | $301K | $329K | $4.7M | $1 | — | View 990 |
| 2021 | $242K | $336K | $4.7M | $1 | — | — |
| 2020 | $161K | $308K | $4.8M | $148 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $209K, expenses of $295K, and assets of $4.6M (revenue -30.5% year-over-year).
- 2022: Revenue of $301K, expenses of $329K, and assets of $4.7M (revenue +24.5% year-over-year).
- 2021: Revenue of $242K, expenses of $336K, and assets of $4.7M (revenue +50.3% year-over-year).
- 2020: Revenue of $161K, expenses of $308K, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David And Terri@Kester Foundation Inc:
Data Sources and Methodology
This transparency report for David And Terri@Kester Foundation Inc 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.