Kayrita Mitchell Foundation Inc
EIN: 470867588 · Florence, AL
| Metric | Value |
|---|---|
| Total Expenses | $204K |
| Net Assets | $84K |
Is Kayrita Mitchell 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 Kayrita Mitchell Foundation Inc
Kayrita Mitchell Foundation Inc (EIN: 470867588) is a nonprofit organization based in Florence, AL. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kayrita Mitchell Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kayrita Mitchell Foundation Inc is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -34.9%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $202K |
| Total Expenses | $204K |
| Surplus / Deficit | $-2,466 |
| Total Assets | $84K |
| Total Liabilities | $1 |
| Net Assets | $84K |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 4.9 months |
Financial Health Grade: B
In 2014, Kayrita Mitchell Foundation Inc reported a deficit of $2K with expenses exceeding revenue, holds 4.9 months of operating reserves (adequate), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Kayrita Mitchell Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -34.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +1.7% | -16.7% | -2.9% |
| 2013 | -70.3% | -62.9% | -35.2% |
| 2012 | -8.8% | -13.4% | +5.8% |
AI Analysis Pending
AI enrichment for Kayrita Mitchell 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 Kayrita Mitchell 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Kayrita Mitchell Foundation Inc
Is Kayrita Mitchell Foundation Inc a legitimate charity?
Kayrita Mitchell Foundation Inc (EIN: 470867588) is a registered tax-exempt nonprofit based in Alabama. It has 4 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Kayrita Mitchell Foundation Inc spend its money?
Kayrita Mitchell Foundation Inc reported its financials in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kayrita Mitchell Foundation Inc tax-deductible?
Kayrita Mitchell Foundation Inc is registered as a tax-exempt nonprofit (EIN: 470867588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kayrita Mitchell Foundation Inc located?
Kayrita Mitchell Foundation Inc is headquartered in Florence, Alabama and files with the IRS under EIN 470867588.
How many years of IRS 990 filings does Kayrita Mitchell Foundation Inc have?
Kayrita Mitchell Foundation Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Kayrita Mitchell Foundation Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Kayrita Mitchell Foundation Inc's revenue has declined by 72.5%, moving from $733K to $202K. Total assets decreased by 33.4% over the same period, from $126K to $84K. Total functional expenses fell by 73.2%, from $763K to $204K. In its most recent filing year (2014), Kayrita Mitchell Foundation Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $84K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $84K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $202K | $204K | $84K | $1 | — | View 990 |
| 2013 | $198K | $245K | $86K | $1 | — | View 990 |
| 2012 | $668K | $661K | $133K | $1 | — | View 990 |
| 2011 | $733K | $763K | $126K | $419 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $202K, expenses of $204K, and assets of $84K (revenue +1.7% year-over-year).
- 2013: Revenue of $198K, expenses of $245K, and assets of $86K (revenue -70.3% year-over-year).
- 2012: Revenue of $668K, expenses of $661K, and assets of $133K (revenue -8.8% year-over-year).
- 2011: Revenue of $733K, expenses of $763K, and assets of $126K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kayrita Mitchell Foundation Inc:
Data Sources and Methodology
This transparency report for Kayrita Mitchell 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.