Kadry Foundation
EIN: 383593641 · Southfield, MI
| Metric | Value |
|---|---|
| Total Revenue | $977K |
| Total Expenses | $54K |
| Net Assets | $959K |
Is Kadry Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kadry Foundation
Kadry Foundation (EIN: 383593641) is a nonprofit organization based in Southfield, MI. The organization reported total revenue of $977K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kadry Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kadry Foundation is a small nonprofit that has been operating for 25 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -12.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $75K |
| Total Expenses | $54K |
| Surplus / Deficit | +$21K |
| Total Assets | $974K |
| Total Liabilities | $15K |
| Net Assets | $959K |
| Operating Margin | 27.7% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 216.5 months |
Financial Health Grade: A
In 2023, Kadry Foundation reported a surplus of $21K with revenue exceeding expenses, holds 216.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Kadry Foundation's revenue has declined at a compound annual growth rate (CAGR) of -12.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -2294.9% | -34.4% | -74.2% |
| 2021 | +1739.0% | +30.4% | +0.9% |
| 2020 | -94.5% | -50.6% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kadry 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 Kadry 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 $21K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Frequently Asked Questions about Kadry Foundation
Is Kadry Foundation a legitimate charity?
Kadry Foundation (EIN: 383593641) is a registered tax-exempt nonprofit based in Michigan. It has 9 years of IRS 990 filings on record. Total revenue: $977K. No red flags identified. Financial health grade: A.
How does Kadry Foundation spend its money?
Kadry Foundation reported $977K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kadry Foundation tax-deductible?
Kadry Foundation is registered as a tax-exempt nonprofit (EIN: 383593641). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kadry Foundation located?
Kadry Foundation is headquartered in Southfield, Michigan and files with the IRS under EIN 383593641.
How many years of IRS 990 filings does Kadry Foundation have?
Kadry Foundation has 9 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 $977K in total revenue.
Filing History
IRS 990 filing history for Kadry Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Kadry Foundation's revenue has declined by 80.3%, moving from $378K to $75K. Total assets decreased by 51.8% over the same period, from $2.0M to $974K. Total functional expenses rose by 168.8%, from $20K to $54K. In its most recent filing year (2023), Kadry Foundation reported a surplus of $21K, with revenue exceeding expenses. The organization holds $15K in liabilities against $974K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $959K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $75K | $54K | $974K | $15K | — | — |
| 2022 | $-1,501,574 | $24K | $939K | $1 | — | View 990 |
| 2021 | $68K | $36K | $3.6M | $1 | — | View 990 |
| 2020 | $4K | $28K | $3.6M | $1 | — | View 990 |
| 2019 | $68K | $56K | $3.6M | $1 | — | View 990 |
| 2014 | $-12,160 | $71K | $2.7M | $385K | — | View 990 |
| 2013 | $329K | $93K | $2.8M | $385K | — | View 990 |
| 2012 | $-403 | $61K | $2.3M | $370K | — | View 990 |
| 2011 | $378K | $20K | $2.0M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $75K, expenses of $54K, and assets of $974K.
- 2022: Revenue of $-1,501,574, expenses of $24K, and assets of $939K (revenue -2294.9% year-over-year).
- 2021: Revenue of $68K, expenses of $36K, and assets of $3.6M (revenue +1739.0% year-over-year).
- 2020: Revenue of $4K, expenses of $28K, and assets of $3.6M (revenue -94.5% year-over-year).
- 2019: Revenue of $68K, expenses of $56K, and assets of $3.6M.
- 2014: Revenue of $-12,160, expenses of $71K, and assets of $2.7M (revenue -103.7% year-over-year).
- 2013: Revenue of $329K, expenses of $93K, and assets of $2.8M.
- 2012: Revenue of $-403, expenses of $61K, and assets of $2.3M (revenue -100.1% year-over-year).
- 2011: Revenue of $378K, expenses of $20K, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kadry Foundation:
Data Sources and Methodology
This transparency report for Kadry 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.