Frank Ski Kids Foundation Inc
EIN: 582575924 · Atlanta, GA · NTEE: O122
Is Frank Ski Kids 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 Frank Ski Kids Foundation Inc
Frank Ski Kids Foundation Inc (EIN: 582575924) is a nonprofit organization based in Atlanta, GA, classified under NTEE code O122. The organization reported total revenue of $176K and total assets of $128K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Frank Ski Kids Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Frank Ski Kids 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 Frank Ski Kids 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.
Frequently Asked Questions about Frank Ski Kids Foundation Inc
Is Frank Ski Kids Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Frank Ski Kids Foundation Inc (EIN: 582575924) insufficient data. 0 red flags identified, 0 strengths noted.
How does Frank Ski Kids Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Frank Ski Kids Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Frank Ski Kids Foundation Inc tax-deductible?
Frank Ski Kids Foundation Inc is registered as a tax-exempt nonprofit (EIN: 582575924). 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 Frank Ski Kids Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2010–2022), Frank Ski Kids Foundation Inc's revenue has declined by 25.6%, moving from $231K to $172K. Total assets increased by 467.5% over the same period, from $27K to $155K. Total functional expenses fell by 49.3%, from $307K to $156K. In its most recent filing year (2022), Frank Ski Kids Foundation Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $69K in liabilities against $155K in assets (debt-to-asset ratio: 44.4%), resulting in net assets of $86K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $172K | $156K | $155K | $69K | — | View 990 |
| 2019 | $126K | $105K | $62K | $0 | — | View 990 |
| 2015 | $62K | $49K | $19K | $3K | — | View 990 |
| 2014 | $26K | $114K | $14K | $11K | — | View 990 |
| 2013 | $113K | $118K | $93K | $2K | — | View 990 |
| 2012 | $239K | $194K | $97K | $200 | — | View 990 |
| 2011 | $154K | $126K | $56K | $4K | — | View 990 |
| 2010 | $231K | $307K | $27K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $172K, expenses of $156K, and assets of $155K (revenue +36.0% year-over-year).
- 2019: Revenue of $126K, expenses of $105K, and assets of $62K (revenue +102.9% year-over-year).
- 2015: Revenue of $62K, expenses of $49K, and assets of $19K (revenue +144.1% year-over-year).
- 2014: Revenue of $26K, expenses of $114K, and assets of $14K (revenue -77.3% year-over-year).
- 2013: Revenue of $113K, expenses of $118K, and assets of $93K (revenue -52.9% year-over-year).
- 2012: Revenue of $239K, expenses of $194K, and assets of $97K (revenue +54.6% year-over-year).
- 2011: Revenue of $154K, expenses of $126K, and assets of $56K (revenue -33.1% year-over-year).
- 2010: Revenue of $231K, expenses of $307K, and assets of $27K.
Data Sources and Methodology
This transparency report for Frank Ski Kids 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.