Kanawha Salines Foundation Inc
EIN: 811915737 · Charleston, WV · NTEE: A50
| Metric | Value |
|---|---|
| Total Revenue | $32K |
| Total Expenses | $19K |
| Net Assets | $95K |
Is Kanawha Salines Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kanawha Salines Foundation Inc
Kanawha Salines Foundation Inc (EIN: 811915737) is a nonprofit organization based in Charleston, WV, classified under NTEE code A50. The organization reported total revenue of $32K and total assets of $113K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kanawha Salines Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kanawha Salines Foundation Inc is a micro nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 20.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $19K |
| Surplus / Deficit | +$9K |
| Total Assets | $95K |
| Net Assets | $95K |
| Operating Margin | 33.6% |
| Months of Reserves | 61.0 months |
Financial Health Grade: A
In 2023, Kanawha Salines Foundation Inc reported a surplus of $9K with revenue exceeding expenses, holds 61.0 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Kanawha Salines Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.5% | +186.2% | +11.0% |
| 2022 | -7.2% | -65.8% | +84.6% |
| 2021 | +14.2% | -30.7% | +187.1% |
| 2020 | +7557.3% | — | +2762.8% |
| 2019 | -94.9% | -100.0% | +56100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kanawha Salines Foundation Inc 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 Kanawha Salines Foundation Inc 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 $9K, with revenue exceeding expenses.
Frequently Asked Questions about Kanawha Salines Foundation Inc
Is Kanawha Salines Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kanawha Salines Foundation Inc (EIN: 811915737) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kanawha Salines Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Kanawha Salines Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Kanawha Salines Foundation Inc tax-deductible?
Kanawha Salines Foundation Inc is registered as a tax-exempt nonprofit (EIN: 811915737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kanawha Salines Foundation Inc located?
Kanawha Salines Foundation Inc is headquartered in Charleston, West Virginia and files with the IRS under EIN 811915737. It is classified under NTEE code A50.
How many years of IRS 990 filings does Kanawha Salines Foundation Inc have?
Kanawha Salines Foundation Inc has 6 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 $32K in total revenue.
Filing History
IRS 990 filing history for Kanawha Salines Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Kanawha Salines Foundation Inc's revenue has grown by 156.5%, moving from $11K to $28K. Total assets increased by 9468700% over the same period, from $1 to $95K. Total functional expenses rose by 53.9%, from $12K to $19K. In its most recent filing year (2023), Kanawha Salines Foundation Inc reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $19K | $95K | $0 | — | View 990 |
| 2022 | $46K | $7K | $85K | $46K | — | View 990 |
| 2021 | $49K | $19K | $46K | $16K | — | View 990 |
| 2020 | $43K | $28K | $16K | $558 | — | — |
| 2019 | $562 | $0 | $562 | $0 | — | View 990 |
| 2018 | $11K | $12K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $28K, expenses of $19K, and assets of $95K (revenue -38.5% year-over-year).
- 2022: Revenue of $46K, expenses of $7K, and assets of $85K (revenue -7.2% year-over-year).
- 2021: Revenue of $49K, expenses of $19K, and assets of $46K (revenue +14.2% year-over-year).
- 2020: Revenue of $43K, expenses of $28K, and assets of $16K (revenue +7557.3% year-over-year).
- 2019: Revenue of $562, expenses of $0, and assets of $562 (revenue -94.9% year-over-year).
- 2018: Revenue of $11K, expenses of $12K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kanawha Salines Foundation Inc:
Data Sources and Methodology
This transparency report for Kanawha Salines 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.