Kbt Charitable Foundation
Kbt Charitable Foundation shows strong asset growth and low liabilities, but highly volatile revenue.
EIN: 202025601 · Chestnut Hill, MA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $450K |
| Program Spending | 85% |
| Net Assets | $5.1M |
| Transparency Score | 80/100 |
Is Kbt Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kbt Charitable Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kbt Charitable Foundation
Kbt Charitable Foundation (EIN: 202025601) is a nonprofit organization based in Chestnut Hill, MA, classified under NTEE code T20. The organization reported total revenue of $2.6M and total assets of $4.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kbt Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kbt Charitable Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 36.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $450K |
| Surplus / Deficit | +$908K |
| Total Assets | $5.1M |
| Total Liabilities | $1 |
| Net Assets | $5.1M |
| Operating Margin | 66.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 135.3 months |
Financial Health Grade: A
In 2023, Kbt Charitable Foundation reported a surplus of $908K with revenue exceeding expenses, holds 135.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Kbt Charitable Foundation's revenue has grown at a compound annual growth rate (CAGR) of 36.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +847.4% | -35.1% | +23.0% |
| 2022 | -40.5% | +27.4% | -13.5% |
| 2021 | +9.6% | +63.5% | -5.9% |
| 2020 | -13.7% | -11.3% | -1.5% |
| 2019 | -86.1% | +47.9% | -5.8% |
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 Kbt Charitable Foundation with a Mission Score of 80 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, Kbt Charitable Foundation 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 surplus of $908K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation's leadership is either unpaid or compensated through other means, which is a positive sign for minimizing administrative overhead.
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 Kbt Charitable Foundation's IRS 990 filings:
- Highly volatile revenue makes long-term planning and consistent impact difficult to project.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in public filings limits full transparency on spending efficiency.
Strengths
The following positive indicators were identified for Kbt Charitable Foundation:
- Consistent asset growth, from $853,496 in 2011 to $5,075,045 in 2023, demonstrates strong financial stewardship.
- Zero reported officer compensation across all filings indicates a commitment to minimizing administrative costs.
- Extremely low liabilities ($1 in recent years) signify excellent financial health and minimal debt burden.
- Consistent IRS 990 filings over a decade provide good historical transparency.
Frequently Asked Questions about Kbt Charitable Foundation
Is Kbt Charitable Foundation a legitimate charity?
Kbt Charitable Foundation (EIN: 202025601) is a registered tax-exempt nonprofit based in Massachusetts. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.6M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Kbt Charitable Foundation spend its money?
Kbt Charitable Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kbt Charitable Foundation tax-deductible?
Kbt Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 202025601). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kbt Charitable Foundation's spending goes to programs?
Kbt Charitable Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kbt Charitable Foundation compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Kbt Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kbt Charitable Foundation located?
Kbt Charitable Foundation is headquartered in Chestnut Hill, Massachusetts and files with the IRS under EIN 202025601. It is classified under NTEE code T20.
How many years of IRS 990 filings does Kbt Charitable Foundation have?
Kbt Charitable Foundation has 10 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 $2.6M in total revenue.
Is Kbt Charitable Foundation a good charity?
Based on the available data, Kbt Charitable Foundation appears to be a financially stable organization with strong asset growth and minimal liabilities. The absence of officer compensation is a positive indicator of efficient resource allocation. However, without detailed program spending breakdowns, it's difficult to fully assess its direct impact.
What is the trend in Kbt Charitable Foundation's revenue?
The foundation's revenue has been highly volatile, ranging from a low of $33,510 in 2011 to a high of $1,866,417 in 2014, and $1,358,028 in 2023. There is no consistent upward or downward trend, suggesting reliance on sporadic large contributions or investment income.
How has Kbt Charitable Foundation's asset base changed over time?
The foundation has shown significant asset growth, from $853,496 in 2011 to $5,075,045 in 2023, indicating effective financial management and accumulation of resources over the long term.
Filing History
IRS 990 filing history for Kbt Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kbt Charitable Foundation's revenue has grown by 3952.6%, moving from $34K to $1.4M. Total assets increased by 494.6% over the same period, from $853K to $5.1M. Total functional expenses rose by 290.2%, from $115K to $450K. In its most recent filing year (2023), Kbt Charitable Foundation reported a surplus of $908K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $450K | $5.1M | $1 | — | — |
| 2022 | $143K | $694K | $4.1M | $1 | — | View 990 |
| 2021 | $241K | $545K | $4.8M | $1 | — | View 990 |
| 2020 | $220K | $333K | $5.1M | $1 | — | View 990 |
| 2019 | $255K | $376K | $5.1M | $0 | — | View 990 |
| 2015 | $1.8M | $254K | $5.5M | $0 | — | View 990 |
| 2014 | $1.9M | $176K | $3.8M | $0 | — | View 990 |
| 2013 | $1.0M | $107K | $2.1M | $0 | — | View 990 |
| 2012 | $50K | $91K | $1.2M | $0 | — | View 990 |
| 2011 | $34K | $115K | $853K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $450K, and assets of $5.1M (revenue +847.4% year-over-year).
- 2022: Revenue of $143K, expenses of $694K, and assets of $4.1M (revenue -40.5% year-over-year).
- 2021: Revenue of $241K, expenses of $545K, and assets of $4.8M (revenue +9.6% year-over-year).
- 2020: Revenue of $220K, expenses of $333K, and assets of $5.1M (revenue -13.7% year-over-year).
- 2019: Revenue of $255K, expenses of $376K, and assets of $5.1M (revenue -86.1% year-over-year).
- 2015: Revenue of $1.8M, expenses of $254K, and assets of $5.5M (revenue -1.9% year-over-year).
- 2014: Revenue of $1.9M, expenses of $176K, and assets of $3.8M (revenue +78.3% year-over-year).
- 2013: Revenue of $1.0M, expenses of $107K, and assets of $2.1M (revenue +1983.6% year-over-year).
- 2012: Revenue of $50K, expenses of $91K, and assets of $1.2M (revenue +49.9% year-over-year).
- 2011: Revenue of $34K, expenses of $115K, and assets of $853K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kbt Charitable Foundation:
Data Sources and Methodology
This transparency report for Kbt Charitable Foundation 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.