Kay Tita
EIN: 811500891 · Tacoma, WA · NTEE: Q30
| Metric | Value |
|---|---|
| Total Revenue | $645K |
| Total Expenses | $691K |
| Net Assets | $157K |
Is Kay Tita Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kay Tita
Kay Tita (EIN: 811500891) is a nonprofit organization based in Tacoma, WA, classified under NTEE code Q30. The organization reported total revenue of $645K and total assets of $202K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kay Tita's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kay Tita is a small nonprofit that has been operating for 10 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 62.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $769K |
| Total Expenses | $691K |
| Surplus / Deficit | +$79K |
| Total Assets | $198K |
| Total Liabilities | $41K |
| Net Assets | $157K |
| Operating Margin | 10.2% |
| Debt-to-Asset Ratio | 20.5% |
| Months of Reserves | 3.4 months |
Financial Health Grade: A
In 2023, Kay Tita reported a surplus of $79K with revenue exceeding expenses, holds 3.4 months of operating reserves (adequate), has a debt-to-asset ratio of 20.5% (moderate leverage).
Financial Trends
Over 5 years of filings (2019–2023), Kay Tita's revenue has grown at a compound annual growth rate (CAGR) of 62.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +183.1% | +221.4% | +62.5% |
| 2022 | +41.5% | +23.6% | +96.2% |
| 2021 | +265.1% | +192.9% | +96.1% |
| 2020 | -52.7% | -44.1% | +27.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kay Tita 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 Kay Tita 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 $79K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.5%.
Frequently Asked Questions about Kay Tita
Is Kay Tita a legitimate charity?
Kay Tita (EIN: 811500891) is a registered tax-exempt nonprofit based in Washington. It has 5 years of IRS 990 filings on record. Total revenue: $645K. No red flags identified. Financial health grade: A.
How does Kay Tita spend its money?
Kay Tita reported $645K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kay Tita tax-deductible?
Kay Tita is registered as a tax-exempt nonprofit (EIN: 811500891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kay Tita located?
Kay Tita is headquartered in Tacoma, Washington and files with the IRS under EIN 811500891. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Kay Tita have?
Kay Tita has 5 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 $645K in total revenue.
Filing History
IRS 990 filing history for Kay Tita showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Kay Tita's revenue has grown by 592.6%, moving from $111K to $769K. Total assets increased by 699.3% over the same period, from $25K to $198K. Total functional expenses rose by 550.3%, from $106K to $691K. In its most recent filing year (2023), Kay Tita reported a surplus of $79K, with revenue exceeding expenses. The organization holds $41K in liabilities against $198K in assets (debt-to-asset ratio: 20.5%), resulting in net assets of $157K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $769K | $691K | $198K | $41K | — | — |
| 2022 | $272K | $215K | $122K | $43K | — | — |
| 2021 | $192K | $174K | $62K | $40K | — | View 990 |
| 2020 | $53K | $59K | $32K | $28K | — | — |
| 2019 | $111K | $106K | $25K | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $769K, expenses of $691K, and assets of $198K (revenue +183.1% year-over-year).
- 2022: Revenue of $272K, expenses of $215K, and assets of $122K (revenue +41.5% year-over-year).
- 2021: Revenue of $192K, expenses of $174K, and assets of $62K (revenue +265.1% year-over-year).
- 2020: Revenue of $53K, expenses of $59K, and assets of $32K (revenue -52.7% year-over-year).
- 2019: Revenue of $111K, expenses of $106K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kay Tita:
Data Sources and Methodology
This transparency report for Kay Tita 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.