Kafakumba Development Projects Fundinc
Kafakumba Development Projects Fundinc maintains strong asset growth and zero liabilities with no officer compensation.
EIN: 204235666 · Kokomo, IN · NTEE: S32 · Updated: 2026-03-28
Is Kafakumba Development Projects Fundinc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kafakumba Development Projects Fundinc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kafakumba Development Projects Fundinc
Kafakumba Development Projects Fundinc (EIN: 204235666) is a nonprofit organization based in Kokomo, IN, classified under NTEE code S32. The organization reported total revenue of $148K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kafakumba Development Projects Fundinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kafakumba Development Projects Fundinc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Kafakumba Development Projects Fundinc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for an organization of its size with assets exceeding $1 million.
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.
Strengths
The following positive indicators were identified for Kafakumba Development Projects Fundinc:
- Consistent asset growth, exceeding $1 million in 2023.
- Zero reported liabilities across all filing periods, indicating strong financial stability.
- 0% officer compensation reported, demonstrating a high commitment to mission-focused spending.
- Low expense ratios relative to revenue, suggesting efficient operations.
- Positive net income in most years, contributing to asset accumulation.
Frequently Asked Questions about Kafakumba Development Projects Fundinc
Is Kafakumba Development Projects Fundinc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kafakumba Development Projects Fundinc (EIN: 204235666) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Kafakumba Development Projects Fundinc spend its money?
Kafakumba Development Projects Fundinc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kafakumba Development Projects Fundinc tax-deductible?
Kafakumba Development Projects Fundinc is registered as a tax-exempt nonprofit (EIN: 204235666). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Kafakumba Development Projects Fundinc a good charity?
Based on the provided data, Kafakumba Development Projects Fundinc appears to be a very good charity. It exhibits strong financial health with growing assets and no liabilities, excellent spending efficiency with low overall expenses relative to revenue, and a commitment to its mission by reporting 0% officer compensation.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have consistently grown from $476,552 in 2014 to $1,058,918 in 2023, and it has maintained zero liabilities throughout this period, indicating robust financial stability.
What is the trend in revenue and expenses?
Revenue has fluctuated, with a high of $506,974 in 2014 and $201,965 in 2023, while expenses have remained relatively low and stable, ranging from $2,332 in 2021 to $61,957 in 2023. This suggests efficient management of resources relative to income.
Filing History
IRS 990 filing history for Kafakumba Development Projects Fundinc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Kafakumba Development Projects Fundinc's revenue has declined by 60.2%, moving from $507K to $202K. Total assets increased by 122.2% over the same period, from $477K to $1.1M. Total functional expenses rose by 72.9%, from $36K to $62K. In its most recent filing year (2023), Kafakumba Development Projects Fundinc reported a surplus of $140K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $202K | $62K | $1.1M | $0 | — | — |
| 2022 | $39K | $28K | $855K | $0 | — | View 990 |
| 2021 | $92K | $2K | $873K | $0 | — | View 990 |
| 2020 | $61K | $22K | $781K | $0 | — | — |
| 2019 | $114K | $42K | $737K | $0 | — | View 990 |
| 2018 | $70K | $24K | $649K | $0 | — | View 990 |
| 2017 | $107K | $33K | $627K | $0 | — | View 990 |
| 2016 | $56K | $37K | $545K | $0 | — | View 990 |
| 2015 | $87K | $37K | $527K | $0 | — | View 990 |
| 2014 | $507K | $36K | $477K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $202K, expenses of $62K, and assets of $1.1M (revenue +413.9% year-over-year).
- 2022: Revenue of $39K, expenses of $28K, and assets of $855K (revenue -57.4% year-over-year).
- 2021: Revenue of $92K, expenses of $2K, and assets of $873K (revenue +52.4% year-over-year).
- 2020: Revenue of $61K, expenses of $22K, and assets of $781K (revenue -46.7% year-over-year).
- 2019: Revenue of $114K, expenses of $42K, and assets of $737K (revenue +63.2% year-over-year).
- 2018: Revenue of $70K, expenses of $24K, and assets of $649K (revenue -35.2% year-over-year).
- 2017: Revenue of $107K, expenses of $33K, and assets of $627K (revenue +91.9% year-over-year).
- 2016: Revenue of $56K, expenses of $37K, and assets of $545K (revenue -35.9% year-over-year).
- 2015: Revenue of $87K, expenses of $37K, and assets of $527K (revenue -82.8% year-over-year).
- 2014: Revenue of $507K, expenses of $36K, and assets of $477K.
Data Sources and Methodology
This transparency report for Kafakumba Development Projects Fundinc 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.