K9 Sensus Foundation
K9 Sensus Foundation experiences significant deficit in latest filing despite overall revenue growth.
EIN: 200413230 · Lucas, IA · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $609K |
| Total Expenses | $232K |
| Program Spending | 85% |
| Net Assets | $-5,114 |
| Transparency Score | 75/100 |
Is K9 Sensus Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
K9 Sensus Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About K9 Sensus Foundation
K9 Sensus Foundation (EIN: 200413230) is a nonprofit organization based in Lucas, IA, classified under NTEE code D20. The organization reported total revenue of $609K and total assets of $122K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of K9 Sensus Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
K9 Sensus Foundation is a small nonprofit that has been operating for 20 years, with 4 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 28.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $109K |
| Total Expenses | $232K |
| Surplus / Deficit | $-123,427 |
| Total Assets | $51K |
| Total Liabilities | $56K |
| Net Assets | $-5,114 |
| Operating Margin | -113.3% |
| Debt-to-Asset Ratio | 110.0% |
| Months of Reserves | 2.7 months |
Financial Health Grade: D
In 2023, K9 Sensus Foundation reported a deficit of $123K with expenses exceeding revenue, holds 2.7 months of operating reserves (limited), has a debt-to-asset ratio of 110.0% (high leverage).
Financial Trends
Over 4 years of filings (2010–2023), K9 Sensus Foundation's revenue has grown at a compound annual growth rate (CAGR) of 28.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.0% | +91.2% | -58.8% |
| 2022 | +17.8% | +98.3% | +29.6% |
| 2021 | +3002.5% | +1651.8% | +2305.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| 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 K9 Sensus Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, K9 Sensus Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $123K, with expenses exceeding revenue.
- Debt-to-asset ratio: 110.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers. This is highly commendable for an organization of its size, suggesting a volunteer-driven leadership model that maximizes resources for its mission.
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 K9 Sensus Foundation's IRS 990 filings:
- Significant deficit in the 202312 filing ($108,964 revenue vs. $232,391 expenses)
- Liabilities ($56,487) exceeding assets ($51,373) in the 202312 period, indicating negative net assets.
Strengths
The following positive indicators were identified for K9 Sensus Foundation:
- Consistent 0% officer compensation across all filings, demonstrating strong financial stewardship.
- Significant growth in overall revenue since its inception, indicating increasing support.
- Strong program focus implied by the lack of executive compensation, suggesting resources are directed to mission.
Frequently Asked Questions about K9 Sensus Foundation
Is K9 Sensus Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, K9 Sensus Foundation (EIN: 200413230) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does K9 Sensus Foundation spend its money?
K9 Sensus Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to K9 Sensus Foundation tax-deductible?
K9 Sensus Foundation is registered as a tax-exempt nonprofit (EIN: 200413230). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of K9 Sensus Foundation's spending goes to programs?
K9 Sensus Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does K9 Sensus Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), K9 Sensus Foundation is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is K9 Sensus Foundation located?
K9 Sensus Foundation is headquartered in Lucas, Iowa and files with the IRS under EIN 200413230. It is classified under NTEE code D20.
How many years of IRS 990 filings does K9 Sensus Foundation have?
K9 Sensus Foundation 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 $609K in total revenue.
Is K9 Sensus Foundation financially stable?
The organization's financial stability appears to be in question based on the 202312 filing, which shows expenses ($232,391) more than double its revenue ($108,964), leading to a significant deficit and liabilities exceeding assets.
How has K9 Sensus Foundation's revenue trended?
K9 Sensus Foundation has experienced substantial revenue growth over time, from $4,200 in 2010 to $609,172 in its latest reported period, though individual annual revenues have fluctuated.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating a strong commitment to volunteer leadership and directing all funds to its programs.
Filing History
IRS 990 filing history for K9 Sensus Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2010–2023), K9 Sensus Foundation's revenue has grown by 2494.4%, moving from $4K to $109K. Total assets increased by 1184.3% over the same period, from $4K to $51K. Total functional expenses rose by 6539.7%, from $4K to $232K. In its most recent filing year (2023), K9 Sensus Foundation reported a deficit of $123K, with expenses exceeding revenue. The organization holds $56K in liabilities against $51K in assets (debt-to-asset ratio: 110.0%), resulting in net assets of $-5,114.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $109K | $232K | $51K | $56K | — | — |
| 2022 | $153K | $122K | $125K | $362 | — | View 990 |
| 2021 | $130K | $61K | $96K | $419 | — | View 990 |
| 2010 | $4K | $4K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $109K, expenses of $232K, and assets of $51K (revenue -29.0% year-over-year).
- 2022: Revenue of $153K, expenses of $122K, and assets of $125K (revenue +17.8% year-over-year).
- 2021: Revenue of $130K, expenses of $61K, and assets of $96K (revenue +3002.5% year-over-year).
- 2010: Revenue of $4K, expenses of $4K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for K9 Sensus Foundation:
Data Sources and Methodology
This transparency report for K9 Sensus 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.