Friends Of Kenya Rising
EIN: 852355364 · Sherman, CT · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $446K |
| Total Expenses | $638K |
| Net Assets | $1.5M |
Is Friends Of Kenya Rising Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of Kenya Rising
Friends Of Kenya Rising (EIN: 852355364) is a nonprofit organization based in Sherman, CT, classified under NTEE code Q33. The organization reported total revenue of $446K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Kenya Rising's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Kenya Rising is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 40.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $638K |
| Surplus / Deficit | +$791K |
| Total Assets | $1.5M |
| Total Liabilities | $185 |
| Net Assets | $1.5M |
| Operating Margin | 55.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 28.1 months |
Financial Health Grade: A
In 2023, Friends Of Kenya Rising reported a surplus of $791K with revenue exceeding expenses, holds 28.1 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), Friends Of Kenya Rising's revenue has grown at a compound annual growth rate (CAGR) of 40.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +266.4% | -9.1% | +178.4% |
| 2022 | -57.6% | +10.2% | -46.0% |
| 2021 | +79.9% | — | +94.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of Kenya Rising 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 Friends Of Kenya Rising 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 surplus of $791K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Friends Of Kenya Rising
Is Friends Of Kenya Rising a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Kenya Rising (EIN: 852355364) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friends Of Kenya Rising spend its money?
Detailed spending breakdown data is not yet available for Friends Of Kenya Rising. Check back for updated IRS 990 analysis.
Are donations to Friends Of Kenya Rising tax-deductible?
Friends Of Kenya Rising is registered as a tax-exempt nonprofit (EIN: 852355364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of Kenya Rising located?
Friends Of Kenya Rising is headquartered in Sherman, Connecticut and files with the IRS under EIN 852355364. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Friends Of Kenya Rising have?
Friends Of Kenya Rising 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 $446K in total revenue.
Filing History
IRS 990 filing history for Friends Of Kenya Rising showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Friends Of Kenya Rising's revenue has grown by 179.5%, moving from $511K to $1.4M. Total assets increased by 192% over the same period, from $511K to $1.5M. In its most recent filing year (2023), Friends Of Kenya Rising reported a surplus of $791K, with revenue exceeding expenses. The organization holds $185 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $638K | $1.5M | $185 | — | — |
| 2022 | $390K | $702K | $536K | $505 | — | View 990 |
| 2021 | $919K | $637K | $992K | $994 | — | View 990 |
| 2020 | $511K | $0 | $511K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $638K, and assets of $1.5M (revenue +266.4% year-over-year).
- 2022: Revenue of $390K, expenses of $702K, and assets of $536K (revenue -57.6% year-over-year).
- 2021: Revenue of $919K, expenses of $637K, and assets of $992K (revenue +79.9% year-over-year).
- 2020: Revenue of $511K, expenses of $0, and assets of $511K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Kenya Rising:
Data Sources and Methodology
This transparency report for Friends Of Kenya Rising 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.