Kea Educational Foundation Inc
EIN: 270897796 · Kodiak, AK · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $64K |
| Total Expenses | $52K |
| Net Assets | $830K |
Is Kea Educational 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 Kea Educational Foundation Inc
Kea Educational Foundation Inc (EIN: 270897796) is a nonprofit organization based in Kodiak, AK, classified under NTEE code B82. The organization reported total revenue of $64K and total assets of $830K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kea Educational Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kea Educational Foundation Inc is a micro nonprofit that has been operating for 16 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $52K |
| Surplus / Deficit | +$12K |
| Total Assets | $830K |
| Net Assets | $830K |
| Operating Margin | 18.9% |
| Months of Reserves | 190.4 months |
Financial Health Grade: A
In 2023, Kea Educational Foundation Inc reported a surplus of $12K with revenue exceeding expenses, holds 190.4 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Kea Educational Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +70.6% | -30.9% | +7.0% |
| 2022 | -39.7% | +29.9% | -13.2% |
| 2021 | -67.0% | -1.9% | +7.3% |
| 2020 | +147.5% | -17.9% | -0.4% |
| 2019 | -16.2% | +662.2% | +13.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kea Educational 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 Kea Educational 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 $12K, with revenue exceeding expenses.
Frequently Asked Questions about Kea Educational Foundation Inc
Is Kea Educational Foundation Inc a legitimate charity?
Kea Educational Foundation Inc (EIN: 270897796) is a registered tax-exempt nonprofit based in Alaska. It has 10 years of IRS 990 filings on record. Total revenue: $64K. No red flags identified. Financial health grade: A.
How does Kea Educational Foundation Inc spend its money?
Kea Educational Foundation Inc reported $64K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kea Educational Foundation Inc tax-deductible?
Kea Educational Foundation Inc is registered as a tax-exempt nonprofit (EIN: 270897796). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kea Educational Foundation Inc located?
Kea Educational Foundation Inc is headquartered in Kodiak, Alaska and files with the IRS under EIN 270897796. It is classified under NTEE code B82.
How many years of IRS 990 filings does Kea Educational Foundation Inc have?
Kea Educational Foundation Inc 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 $64K in total revenue.
Filing History
IRS 990 filing history for Kea Educational Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Kea Educational Foundation Inc's revenue has declined by 18.9%, moving from $79K to $64K. Total assets increased by 65.5% over the same period, from $501K to $830K. Total functional expenses rose by 631%, from $7K to $52K. In its most recent filing year (2023), Kea Educational Foundation Inc reported a surplus of $12K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64K | $52K | $830K | $0 | — | — |
| 2022 | $38K | $76K | $775K | $0 | — | — |
| 2021 | $63K | $58K | $893K | $0 | — | View 990 |
| 2020 | $190K | $59K | $833K | $0 | — | — |
| 2019 | $77K | $72K | $836K | $0 | — | View 990 |
| 2018 | $91K | $9K | $739K | $0 | — | View 990 |
| 2017 | $361K | $8K | $749K | $0 | — | View 990 |
| 2016 | $47K | $8K | $580K | $295K | — | View 990 |
| 2015 | $47K | $7K | $541K | $295K | — | — |
| 2014 | $79K | $7K | $501K | $290K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $64K, expenses of $52K, and assets of $830K (revenue +70.6% year-over-year).
- 2022: Revenue of $38K, expenses of $76K, and assets of $775K (revenue -39.7% year-over-year).
- 2021: Revenue of $63K, expenses of $58K, and assets of $893K (revenue -67.0% year-over-year).
- 2020: Revenue of $190K, expenses of $59K, and assets of $833K (revenue +147.5% year-over-year).
- 2019: Revenue of $77K, expenses of $72K, and assets of $836K (revenue -16.2% year-over-year).
- 2018: Revenue of $91K, expenses of $9K, and assets of $739K (revenue -74.7% year-over-year).
- 2017: Revenue of $361K, expenses of $8K, and assets of $749K (revenue +667.3% year-over-year).
- 2016: Revenue of $47K, expenses of $8K, and assets of $580K (revenue +0.3% year-over-year).
- 2015: Revenue of $47K, expenses of $7K, and assets of $541K (revenue -41.0% year-over-year).
- 2014: Revenue of $79K, expenses of $7K, and assets of $501K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kea Educational Foundation Inc:
Data Sources and Methodology
This transparency report for Kea Educational 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.