Kamal Foundation Inc
Kamal Foundation Inc shows strong asset growth and zero liabilities, but consistently low spending relative to revenue.
EIN: 203707784 · Washington, DC · NTEE: P50 · Updated: 2026-03-28
Is Kamal Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kamal Foundation Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Kamal Foundation Inc
Kamal Foundation Inc (EIN: 203707784) is a nonprofit organization based in Washington, DC, classified under NTEE code P50. The organization reported total revenue of $216K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kamal Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kamal Foundation Inc is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $80K |
| Surplus / Deficit | +$66K |
| Total Assets | $2.1M |
| Net Assets | $2.1M |
| Operating Margin | 45.4% |
| Months of Reserves | 322.2 months |
Financial Health Grade: A
In 2023, Kamal Foundation Inc reported a surplus of $66K with revenue exceeding expenses, holds 322.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Kamal Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.9% | -34.0% | +3.2% |
| 2022 | +92.3% | +128.8% | +0.3% |
| 2021 | -86.3% | +146.7% | +0.6% |
| 2020 | +280.7% | -52.4% | +30.1% |
| 2019 | -60.2% | -58.2% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2007 |
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 Kamal Foundation Inc with a Mission Score of 60 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: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Kamal Foundation Inc allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $66K, with revenue exceeding expenses.
Executive Compensation Analysis
Kamal Foundation Inc reports 0% officer compensation across all 13 filings, indicating that no salaries or other compensation are paid to its officers, which is highly unusual for an organization with over $2 million in assets.
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 Kamal Foundation Inc's IRS 990 filings:
- Consistently low expense-to-revenue ratio, indicating potential underutilization of funds for mission activities (e.g., 2020 revenue $479,258 vs. expenses $21,408).
- 0% officer compensation reported across all filings, which is highly unusual for an organization of this asset size and could indicate a lack of transparency in leadership compensation.
- Significant asset growth without a proportional increase in expenses, suggesting a focus on asset accumulation over immediate programmatic spending.
Strengths
The following positive indicators were identified for Kamal Foundation Inc:
- Strong financial stability with consistently growing assets, reaching $2,263,610.
- Zero liabilities reported across all 13 filings, indicating excellent financial health and risk management.
- Consistent filing history, demonstrating compliance with IRS reporting requirements.
Frequently Asked Questions about Kamal Foundation Inc
Is Kamal Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kamal Foundation Inc (EIN: 203707784) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Kamal Foundation Inc spend its money?
Kamal Foundation Inc directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kamal Foundation Inc tax-deductible?
Kamal Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203707784). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Kamal Foundation Inc effectively utilizing its assets and revenue for its stated mission?
The organization consistently reports low expenses relative to its revenue and growing assets. For example, in 2020, revenue was $479,258, but expenses were only $21,408. This suggests a significant portion of funds may not be actively deployed for programmatic activities, raising questions about the scale of their impact.
What is the nature of Kamal Foundation Inc's programmatic activities given its low expense figures?
With an NTEE code of P50 (International, Foreign Affairs, National Security), one would expect higher operational expenses. The consistently low expense figures, such as $79,799 in 2023 against $146,277 revenue, suggest either a very lean operational model or a limited scope of direct programmatic spending.
How does Kamal Foundation Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization managing over $2 million in assets. This could imply a fully volunteer-run leadership or that compensation is structured in a way not reported as 'officer compensation' on the 990, which warrants further investigation for transparency.
Filing History
IRS 990 filing history for Kamal Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kamal Foundation Inc's revenue has declined by 29.3%, moving from $207K to $146K. Total assets increased by 400.4% over the same period, from $428K to $2.1M. Total functional expenses rose by 22.8%, from $65K to $80K. In its most recent filing year (2023), Kamal Foundation Inc reported a surplus of $66K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $146K | $80K | $2.1M | $0 | — | — |
| 2022 | $126K | $121K | $2.1M | $0 | — | View 990 |
| 2021 | $66K | $53K | $2.1M | $0 | — | View 990 |
| 2020 | $479K | $21K | $2.1M | $0 | — | — |
| 2019 | $126K | $45K | $1.6M | $0 | — | View 990 |
| 2018 | $316K | $108K | $1.5M | $0 | — | View 990 |
| 2017 | $156K | $34K | $1.3M | $0 | — | — |
| 2016 | $193K | $50K | $1.2M | $0 | — | View 990 |
| 2015 | $167K | $56K | $1.0M | $0 | — | View 990 |
| 2014 | $135K | $52K | $918K | $0 | — | View 990 |
| 2013 | $124K | $17K | $788K | $0 | — | View 990 |
| 2012 | $323K | $67K | $684K | $0 | — | View 990 |
| 2011 | $207K | $65K | $428K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $146K, expenses of $80K, and assets of $2.1M (revenue +15.9% year-over-year).
- 2022: Revenue of $126K, expenses of $121K, and assets of $2.1M (revenue +92.3% year-over-year).
- 2021: Revenue of $66K, expenses of $53K, and assets of $2.1M (revenue -86.3% year-over-year).
- 2020: Revenue of $479K, expenses of $21K, and assets of $2.1M (revenue +280.7% year-over-year).
- 2019: Revenue of $126K, expenses of $45K, and assets of $1.6M (revenue -60.2% year-over-year).
- 2018: Revenue of $316K, expenses of $108K, and assets of $1.5M (revenue +102.8% year-over-year).
- 2017: Revenue of $156K, expenses of $34K, and assets of $1.3M (revenue -19.1% year-over-year).
- 2016: Revenue of $193K, expenses of $50K, and assets of $1.2M (revenue +15.4% year-over-year).
- 2015: Revenue of $167K, expenses of $56K, and assets of $1.0M (revenue +23.5% year-over-year).
- 2014: Revenue of $135K, expenses of $52K, and assets of $918K (revenue +9.3% year-over-year).
- 2013: Revenue of $124K, expenses of $17K, and assets of $788K (revenue -61.7% year-over-year).
- 2012: Revenue of $323K, expenses of $67K, and assets of $684K (revenue +56.3% year-over-year).
- 2011: Revenue of $207K, expenses of $65K, and assets of $428K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kamal Foundation Inc:
Data Sources and Methodology
This transparency report for Kamal Foundation Inc 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.