Kares 4 Kids Partners Inc
Kares 4 Kids Partners Inc shows strong asset growth and no executive compensation, with a recent year's expenses exceeding revenue.
EIN: 204190676 · Duluth, GA · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $518K |
| Total Expenses | $584K |
| Program Spending | 85% |
| Net Assets | $555K |
| Transparency Score | 90/100 |
Is Kares 4 Kids Partners Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kares 4 Kids Partners Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kares 4 Kids Partners Inc
Kares 4 Kids Partners Inc (EIN: 204190676) is a nonprofit organization based in Duluth, GA, classified under NTEE code P30. The organization reported total revenue of $518K and total assets of $549K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kares 4 Kids Partners Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kares 4 Kids Partners Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $542K |
| Total Expenses | $584K |
| Surplus / Deficit | $-41,823 |
| Total Assets | $555K |
| Net Assets | $555K |
| Operating Margin | -7.7% |
| Months of Reserves | 11.4 months |
Financial Health Grade: B
In 2023, Kares 4 Kids Partners Inc reported a deficit of $42K with expenses exceeding revenue, holds 11.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Kares 4 Kids Partners Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.7% | +22.5% | -5.9% |
| 2022 | +19.0% | +39.7% | +20.0% |
| 2021 | +19.5% | +14.5% | +40.5% |
| 2020 | +66.9% | +27.2% | +43.6% |
| 2019 | +5.9% | +43.1% | +3.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Kares 4 Kids Partners Inc with a Mission Score of 90 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kares 4 Kids Partners Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $42K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization or one where leadership is compensated through other means not reported as officer compensation, which is highly favorable for resource allocation to mission-related activities.
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 Kares 4 Kids Partners Inc's IRS 990 filings:
- Expenses exceeded revenue in the most recent filing period (202312), with $584,091 in expenses against $542,268 in revenue, indicating a deficit for that year.
Strengths
The following positive indicators were identified for Kares 4 Kids Partners Inc:
- Consistent revenue growth over the past decade, from $81,947 in 2014 to $542,268 in 2023.
- Zero reported officer compensation across all filings, indicating efficient use of funds for mission.
- Strong asset base ($554,878 in 2023) with no reported liabilities in recent years, demonstrating financial stability.
- Long history of consistent IRS 990 filings (13 filings), indicating good transparency.
Frequently Asked Questions about Kares 4 Kids Partners Inc
Is Kares 4 Kids Partners Inc a legitimate charity?
Kares 4 Kids Partners Inc (EIN: 204190676) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $518K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Kares 4 Kids Partners Inc spend its money?
Kares 4 Kids Partners Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kares 4 Kids Partners Inc tax-deductible?
Kares 4 Kids Partners Inc is registered as a tax-exempt nonprofit (EIN: 204190676). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kares 4 Kids Partners Inc's spending goes to programs?
Kares 4 Kids Partners Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kares 4 Kids Partners Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Kares 4 Kids Partners Inc is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kares 4 Kids Partners Inc located?
Kares 4 Kids Partners Inc is headquartered in Duluth, Georgia and files with the IRS under EIN 204190676. It is classified under NTEE code P30.
How many years of IRS 990 filings does Kares 4 Kids Partners Inc have?
Kares 4 Kids Partners Inc has 13 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 $518K in total revenue.
Is Kares 4 Kids Partners Inc a good charity?
Based on the available financial data, Kares 4 Kids Partners Inc appears to be a very good charity. It demonstrates strong financial health with growing assets and no liabilities, consistent revenue growth, and a notable commitment to directing resources to its mission by reporting 0% officer compensation.
How has Kares 4 Kids Partners Inc's revenue grown over time?
Kares 4 Kids Partners Inc has shown significant revenue growth, increasing from $81,947 in 2014 to $542,268 in 2023, representing over a 560% increase in less than a decade.
What is the organization's financial stability?
The organization exhibits strong financial stability, consistently holding more assets than liabilities (with $0 liabilities reported in recent years) and a healthy asset base of $554,878 against $542,268 in 2023 revenue.
Filing History
IRS 990 filing history for Kares 4 Kids Partners Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kares 4 Kids Partners Inc's revenue has grown by 899.6%, moving from $54K to $542K. Total assets increased by 1142.8% over the same period, from $45K to $555K. Total functional expenses rose by 1227.3%, from $44K to $584K. In its most recent filing year (2023), Kares 4 Kids Partners Inc reported a deficit of $42K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $542K | $584K | $555K | $0 | — | View 990 |
| 2022 | $575K | $477K | $590K | $0 | — | View 990 |
| 2021 | $483K | $341K | $492K | $0 | — | View 990 |
| 2020 | $404K | $298K | $350K | $0 | — | View 990 |
| 2019 | $242K | $234K | $244K | $0 | — | View 990 |
| 2018 | $229K | $164K | $236K | $0 | — | View 990 |
| 2017 | $165K | $159K | $171K | $0 | — | View 990 |
| 2016 | $162K | $117K | $164K | $0 | — | View 990 |
| 2015 | $116K | $79K | $119K | $0 | — | View 990 |
| 2014 | $82K | $82K | $96K | $14K | — | View 990 |
| 2013 | $83K | $59K | $82K | $0 | — | View 990 |
| 2012 | $68K | $55K | $57K | $0 | — | View 990 |
| 2011 | $54K | $44K | $45K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $542K, expenses of $584K, and assets of $555K (revenue -5.7% year-over-year).
- 2022: Revenue of $575K, expenses of $477K, and assets of $590K (revenue +19.0% year-over-year).
- 2021: Revenue of $483K, expenses of $341K, and assets of $492K (revenue +19.5% year-over-year).
- 2020: Revenue of $404K, expenses of $298K, and assets of $350K (revenue +66.9% year-over-year).
- 2019: Revenue of $242K, expenses of $234K, and assets of $244K (revenue +5.9% year-over-year).
- 2018: Revenue of $229K, expenses of $164K, and assets of $236K (revenue +38.3% year-over-year).
- 2017: Revenue of $165K, expenses of $159K, and assets of $171K (revenue +2.0% year-over-year).
- 2016: Revenue of $162K, expenses of $117K, and assets of $164K (revenue +40.3% year-over-year).
- 2015: Revenue of $116K, expenses of $79K, and assets of $119K (revenue +41.0% year-over-year).
- 2014: Revenue of $82K, expenses of $82K, and assets of $96K (revenue -1.6% year-over-year).
- 2013: Revenue of $83K, expenses of $59K, and assets of $82K (revenue +23.1% year-over-year).
- 2012: Revenue of $68K, expenses of $55K, and assets of $57K (revenue +24.7% year-over-year).
- 2011: Revenue of $54K, expenses of $44K, and assets of $45K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kares 4 Kids Partners Inc:
Data Sources and Methodology
This transparency report for Kares 4 Kids Partners 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.