I Michael & Beth Kasser Foundation
EIN: 272608894 · Kailua Kona, HI · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $63K |
| Net Assets | $3.1M |
Is I Michael & Beth Kasser Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About I Michael & Beth Kasser Foundation
I Michael & Beth Kasser Foundation (EIN: 272608894) is a nonprofit organization based in Kailua Kona, HI, classified under NTEE code T20. The organization reported total revenue of $1.1M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of I Michael & Beth Kasser Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
I Michael & Beth Kasser Foundation is a mid-size nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 33.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $63K |
| Surplus / Deficit | +$101K |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | 61.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 590.0 months |
Financial Health Grade: A
In 2023, I Michael & Beth Kasser Foundation reported a surplus of $101K with revenue exceeding expenses, holds 590.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), I Michael & Beth Kasser Foundation's revenue has grown at a compound annual growth rate (CAGR) of 33.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -107.4% | +7.5% | -2.6% |
| 2020 | -104.9% | -79.5% | -5.1% |
| 2019 | +23.9% | -33.6% | +113.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for I Michael & Beth Kasser 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 I Michael & Beth Kasser 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 surplus of $101K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about I Michael & Beth Kasser Foundation
Is I Michael & Beth Kasser Foundation a legitimate charity?
I Michael & Beth Kasser Foundation (EIN: 272608894) is a registered tax-exempt nonprofit based in Hawaii. It has 10 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. Financial health grade: A.
How does I Michael & Beth Kasser Foundation spend its money?
I Michael & Beth Kasser Foundation reported $1.1M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to I Michael & Beth Kasser Foundation tax-deductible?
I Michael & Beth Kasser Foundation is registered as a tax-exempt nonprofit (EIN: 272608894). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is I Michael & Beth Kasser Foundation located?
I Michael & Beth Kasser Foundation is headquartered in Kailua Kona, Hawaii and files with the IRS under EIN 272608894. It is classified under NTEE code T20.
How many years of IRS 990 filings does I Michael & Beth Kasser Foundation have?
I Michael & Beth Kasser Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Filing History
IRS 990 filing history for I Michael & Beth Kasser Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), I Michael & Beth Kasser Foundation's revenue has grown by 3174.1%, moving from $5K to $164K. Total assets increased by 661135.7% over the same period, from $471 to $3.1M. Total functional expenses rose by 174.2%, from $23K to $63K. In its most recent filing year (2023), I Michael & Beth Kasser Foundation reported a surplus of $101K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164K | $63K | $3.1M | $1 | — | View 990 |
| 2022 | $-18,373 | $61K | $3.0M | $1 | — | View 990 |
| 2021 | $247K | $57K | $3.1M | $1 | — | View 990 |
| 2020 | $-61,991 | $95K | $2.9M | $1 | — | View 990 |
| 2019 | $1.3M | $461K | $3.1M | $1 | — | View 990 |
| 2015 | $1.0M | $695K | $1.4M | $1 | — | View 990 |
| 2014 | $1.1M | $50K | $1.1M | $1 | — | View 990 |
| 2013 | $60 | $215K | $30K | $1 | — | View 990 |
| 2012 | $275K | $31K | $245K | $1 | — | View 990 |
| 2011 | $5K | $23K | $471 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $164K, expenses of $63K, and assets of $3.1M.
- 2022: Revenue of $-18,373, expenses of $61K, and assets of $3.0M (revenue -107.4% year-over-year).
- 2021: Revenue of $247K, expenses of $57K, and assets of $3.1M.
- 2020: Revenue of $-61,991, expenses of $95K, and assets of $2.9M (revenue -104.9% year-over-year).
- 2019: Revenue of $1.3M, expenses of $461K, and assets of $3.1M (revenue +23.9% year-over-year).
- 2015: Revenue of $1.0M, expenses of $695K, and assets of $1.4M (revenue -9.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $50K, and assets of $1.1M (revenue +1877776.7% year-over-year).
- 2013: Revenue of $60, expenses of $215K, and assets of $30K (revenue -100.0% year-over-year).
- 2012: Revenue of $275K, expenses of $31K, and assets of $245K (revenue +5384.7% year-over-year).
- 2011: Revenue of $5K, expenses of $23K, and assets of $471.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for I Michael & Beth Kasser Foundation:
Data Sources and Methodology
This transparency report for I Michael & Beth Kasser 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.