Kairos Academy
EIN: 462788073 · Salt Lake City, UT
| Metric | Value |
|---|---|
| Total Expenses | $761K |
| Net Assets | $34K |
Is Kairos Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kairos Academy
Kairos Academy (EIN: 462788073) is a nonprofit organization based in Salt Lake City, UT. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kairos Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kairos Academy is a small nonprofit.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $741K |
| Total Expenses | $761K |
| Surplus / Deficit | $-19,712 |
| Total Assets | $243K |
| Total Liabilities | $210K |
| Net Assets | $34K |
| Operating Margin | -2.7% |
| Debt-to-Asset Ratio | 86.1% |
| Months of Reserves | 3.8 months |
Financial Health Grade: C
In 2016, Kairos Academy reported a deficit of $20K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 86.1% (high leverage).
AI Analysis Pending
AI enrichment for Kairos Academy 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 Kairos Academy 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 86.1%.
Frequently Asked Questions about Kairos Academy
Is Kairos Academy a legitimate charity?
Kairos Academy (EIN: 462788073) is a registered tax-exempt nonprofit based in Utah. No red flags identified. Financial health grade: C.
How does Kairos Academy spend its money?
Kairos Academy reported its financials in IRS 990 filings. 1 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kairos Academy tax-deductible?
Kairos Academy is registered as a tax-exempt nonprofit (EIN: 462788073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kairos Academy located?
Kairos Academy is headquartered in Salt Lake City, Utah and files with the IRS under EIN 462788073.
Filing History
IRS 990 filing history for Kairos Academy showing financial trends over 1 year of public records:
In its most recent filing year (2016), Kairos Academy reported a deficit of $20K, with expenses exceeding revenue. The organization holds $210K in liabilities against $243K in assets (debt-to-asset ratio: 86.1%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $741K | $761K | $243K | $210K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kairos Academy:
Data Sources and Methodology
This transparency report for Kairos Academy 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.