Jenna Kast Believe In Miracles Foundation
Jenna Kast Believe In Miracles Foundation consistently reports 0% officer compensation but has faced recent deficits.
EIN: 202250852 · Troy, MI · NTEE: G123 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $333K |
| Total Expenses | $295K |
| Program Spending | 80% |
| Net Assets | $177K |
| Transparency Score | 85/100 |
Is Jenna Kast Believe In Miracles Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jenna Kast Believe In Miracles Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jenna Kast Believe In Miracles Foundation
Jenna Kast Believe In Miracles Foundation (EIN: 202250852) is a nonprofit organization based in Troy, MI, classified under NTEE code G123. The organization reported total revenue of $333K and total assets of $180K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jenna Kast Believe In Miracles Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jenna Kast Believe In Miracles Foundation is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $295K |
| Surplus / Deficit | $-127,158 |
| Total Assets | $194K |
| Total Liabilities | $18K |
| Net Assets | $177K |
| Operating Margin | -75.7% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 7.9 months |
Financial Health Grade: B
In 2023, Jenna Kast Believe In Miracles Foundation reported a deficit of $127K with expenses exceeding revenue, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Jenna Kast Believe In Miracles Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.8% | +48.4% | -36.6% |
| 2022 | -16.1% | +20.4% | -8.5% |
| 2021 | +68.5% | +121.6% | +11.4% |
| 2020 | -15.2% | -37.2% | +18.2% |
| 2019 | +7.1% | +18.4% | +11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Jenna Kast Believe In Miracles Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Jenna Kast Believe In Miracles Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $127K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is not drawing a salary from the foundation, which is highly favorable for donor perception and resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Jenna Kast Believe In Miracles Foundation's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($295,212 vs. $168,054) and 2022 ($198,913 vs. $169,381), indicating a potential sustainability challenge.
- Significant drop in assets from $335,390 in 2021 to $194,457 in 2023.
Strengths
The following positive indicators were identified for Jenna Kast Believe In Miracles Foundation:
- Consistent 0% officer compensation across all reported years, demonstrating a strong commitment to directing funds to the mission.
- Maintained a substantial asset base over time, indicating financial resilience.
- Low liabilities in most years, suggesting responsible financial management.
- Clear programmatic focus aligned with its NTEE code (G123).
Frequently Asked Questions about Jenna Kast Believe In Miracles Foundation
Is Jenna Kast Believe In Miracles Foundation a legitimate charity?
Jenna Kast Believe In Miracles Foundation (EIN: 202250852) is a registered tax-exempt nonprofit based in Michigan. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $333K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Jenna Kast Believe In Miracles Foundation spend its money?
Jenna Kast Believe In Miracles Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jenna Kast Believe In Miracles Foundation tax-deductible?
Jenna Kast Believe In Miracles Foundation is registered as a tax-exempt nonprofit (EIN: 202250852). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jenna Kast Believe In Miracles Foundation's spending goes to programs?
Jenna Kast Believe In Miracles Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jenna Kast Believe In Miracles Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Jenna Kast Believe In Miracles Foundation is above average for NTEE category G123 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jenna Kast Believe In Miracles Foundation located?
Jenna Kast Believe In Miracles Foundation is headquartered in Troy, Michigan and files with the IRS under EIN 202250852. It is classified under NTEE code G123.
How many years of IRS 990 filings does Jenna Kast Believe In Miracles Foundation have?
Jenna Kast Believe In Miracles Foundation has 12 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 $333K in total revenue.
Is Jenna Kast Believe In Miracles Foundation a good charity?
Based on the data, the foundation appears to be a good charity, particularly due to its 0% officer compensation and strong program focus. However, recent deficits in 2022 and 2023 suggest a need for improved financial sustainability.
What is the trend in the organization's revenue and expenses?
The organization has experienced fluctuating revenue, with a high of $275,126 in 2017 and a low of $73,489 in 2014. Expenses have generally increased over time, leading to deficits in 2023 ($168,054 revenue vs. $295,212 expenses) and 2022 ($169,381 revenue vs. $198,913 expenses).
How does the organization manage its assets and liabilities?
The foundation has maintained a healthy asset base, reaching a high of $335,390 in 2021 and $194,457 in 2023. Liabilities have generally remained low, indicating responsible debt management, though they increased to $17,848 in 2023.
Filing History
IRS 990 filing history for Jenna Kast Believe In Miracles Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Jenna Kast Believe In Miracles Foundation's revenue has grown by 130.1%, moving from $73K to $168K. Total assets increased by 144.6% over the same period, from $79K to $194K. Total functional expenses rose by 482.1%, from $51K to $295K. In its most recent filing year (2023), Jenna Kast Believe In Miracles Foundation reported a deficit of $127K, with expenses exceeding revenue. The organization holds $18K in liabilities against $194K in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $295K | $194K | $18K | — | View 990 |
| 2022 | $169K | $199K | $307K | $3K | — | — |
| 2021 | $202K | $165K | $335K | $2K | — | View 990 |
| 2020 | $120K | $75K | $301K | $4K | — | — |
| 2019 | $141K | $119K | $255K | $3K | — | View 990 |
| 2018 | $132K | $100K | $229K | $508 | — | View 990 |
| 2017 | $275K | $150K | $199K | $2K | — | View 990 |
| 2016 | $112K | $119K | $90K | $19K | — | View 990 |
| 2015 | $117K | $118K | $79K | $449 | — | View 990 |
| 2014 | $73K | $96K | $84K | $4K | — | View 990 |
| 2013 | $91K | $64K | $106K | $3K | — | View 990 |
| 2012 | $73K | $51K | $79K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $295K, and assets of $194K (revenue -0.8% year-over-year).
- 2022: Revenue of $169K, expenses of $199K, and assets of $307K (revenue -16.1% year-over-year).
- 2021: Revenue of $202K, expenses of $165K, and assets of $335K (revenue +68.5% year-over-year).
- 2020: Revenue of $120K, expenses of $75K, and assets of $301K (revenue -15.2% year-over-year).
- 2019: Revenue of $141K, expenses of $119K, and assets of $255K (revenue +7.1% year-over-year).
- 2018: Revenue of $132K, expenses of $100K, and assets of $229K (revenue -52.0% year-over-year).
- 2017: Revenue of $275K, expenses of $150K, and assets of $199K (revenue +146.3% year-over-year).
- 2016: Revenue of $112K, expenses of $119K, and assets of $90K (revenue -4.1% year-over-year).
- 2015: Revenue of $117K, expenses of $118K, and assets of $79K (revenue +58.6% year-over-year).
- 2014: Revenue of $73K, expenses of $96K, and assets of $84K (revenue -18.9% year-over-year).
- 2013: Revenue of $91K, expenses of $64K, and assets of $106K (revenue +24.1% year-over-year).
- 2012: Revenue of $73K, expenses of $51K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jenna Kast Believe In Miracles Foundation:
Data Sources and Methodology
This transparency report for Jenna Kast Believe In Miracles 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.