Kaleidoscope School
Kaleidoscope School shows strong revenue growth and stable finances with no reported officer compensation.
EIN: 201431933 · Phoenix, AZ · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.6M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $3.6 |
| Net Assets | $510K |
| Transparency Score | 80/100 |
Is Kaleidoscope School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kaleidoscope School directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kaleidoscope School
Kaleidoscope School (EIN: 201431933) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code B20. The organization reported total revenue of $3.6M and total assets of $7.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kaleidoscope School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kaleidoscope School is a mid-size nonprofit that has been operating for 21 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 115.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $3.6M |
| Surplus / Deficit | +$99K |
| Total Assets | $8.0M |
| Total Liabilities | $7.5M |
| Net Assets | $510K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 93.6% |
| Months of Reserves | 26.9 months |
Financial Health Grade: A
In 2023, Kaleidoscope School reported a surplus of $99K with revenue exceeding expenses, holds 26.9 months of operating reserves (strong position), has a debt-to-asset ratio of 93.6% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Kaleidoscope School's revenue has grown at a compound annual growth rate (CAGR) of 115.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.7% | +16.1% | +2.3% |
| 2022 | +74.0% | +40.5% | +3.9% |
| 2021 | +426.5% | +435.7% | +5137.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Kaleidoscope School with a Mission Score of 80 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: 75%
- fundraising: 10%
According to IRS 990 filings, Kaleidoscope School allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $99K, with revenue exceeding expenses.
- Debt-to-asset ratio: 93.6%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is unusual for an organization with over $3.6 million in annual revenue. This could indicate that executive leadership is entirely volunteer-based or that compensation is categorized differently, warranting further investigation for complete transparency.
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 Kaleidoscope School's IRS 990 filings:
- No reported officer compensation despite significant revenue, which may obscure true leadership costs or structure.
Strengths
The following positive indicators were identified for Kaleidoscope School:
- Strong and consistent revenue growth from $364,622 in 2020 to $3,665,978 in 2023.
- Positive net assets of $510,440 in the latest filing (2023), indicating financial stability.
- Significant asset growth from $143,701 in 2020 to $8,005,013 in 2023.
- Expenses are closely aligned with revenue, suggesting funds are actively used for operations.
Frequently Asked Questions about Kaleidoscope School
Is Kaleidoscope School a legitimate charity?
Kaleidoscope School (EIN: 201431933) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 80/100. It has 4 years of IRS 990 filings on record. Total revenue: $3.6M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Kaleidoscope School spend its money?
Kaleidoscope School directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Kaleidoscope School tax-deductible?
Kaleidoscope School is registered as a tax-exempt nonprofit (EIN: 201431933). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kaleidoscope School CEO make?
Kaleidoscope School's highest-compensated officer earns $3.6 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kaleidoscope School's spending goes to programs?
Kaleidoscope School directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kaleidoscope School compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Kaleidoscope School is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kaleidoscope School located?
Kaleidoscope School is headquartered in Phoenix, Arizona and files with the IRS under EIN 201431933. It is classified under NTEE code B20.
How many years of IRS 990 filings does Kaleidoscope School have?
Kaleidoscope School 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 $3.6M in total revenue.
Is Kaleidoscope School a good charity?
Based on the available data, Kaleidoscope School appears to be a financially growing and stable organization. Its revenue has increased significantly, and it maintains positive net assets. The lack of reported officer compensation is a notable point that could be viewed positively for efficiency or raise questions about transparency depending on the underlying structure.
How has Kaleidoscope School's financial health changed over time?
Kaleidoscope School has experienced substantial financial growth, with revenue increasing tenfold from $364,622 in 2020 to $3,665,978 in 2023. Its assets have also grown significantly from $143,701 to $8,005,013 over the same period, indicating strong expansion and asset accumulation.
What is the organization's approach to executive compensation?
The IRS 990 filings consistently report 0% officer compensation for all periods, suggesting that either the executive leadership is entirely volunteer-based or their compensation is reported under other expense categories, which would require further clarification for full transparency.
Does Kaleidoscope School have a strong financial foundation?
Yes, Kaleidoscope School appears to have a strong financial foundation. Its assets of $8,005,013 significantly exceed its liabilities of $7,494,573 in the latest period, resulting in positive net assets of $510,440. This indicates a healthy balance sheet and capacity for sustained operations.
Filing History
IRS 990 filing history for Kaleidoscope School showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Kaleidoscope School's revenue has grown by 905.4%, moving from $365K to $3.7M. Total assets increased by 5470.6% over the same period, from $144K to $8.0M. Total functional expenses rose by 773.6%, from $408K to $3.6M. In its most recent filing year (2023), Kaleidoscope School reported a surplus of $99K, with revenue exceeding expenses. The organization holds $7.5M in liabilities against $8.0M in assets (debt-to-asset ratio: 93.6%), resulting in net assets of $510K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $3.6M | $8.0M | $7.5M | — | View 990 |
| 2022 | $3.3M | $3.1M | $7.8M | $7.9M | — | View 990 |
| 2021 | $1.9M | $2.2M | $7.5M | $7.9M | — | View 990 |
| 2020 | $365K | $408K | $144K | $218K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $3.6M, and assets of $8.0M (revenue +9.7% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.1M, and assets of $7.8M (revenue +74.0% year-over-year).
- 2021: Revenue of $1.9M, expenses of $2.2M, and assets of $7.5M (revenue +426.5% year-over-year).
- 2020: Revenue of $365K, expenses of $408K, and assets of $144K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kaleidoscope School:
Data Sources and Methodology
This transparency report for Kaleidoscope School 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.