Kenrose Kitchen Table Foundation
Kenrose Kitchen Table Foundation faces significant deficit spending, drawing down assets in recent years.
EIN: 203951665 · Seattle, WA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.6M |
| Total Expenses | $8.6M |
| Program Spending | 80% |
| Net Assets | $29.2M |
| Transparency Score | 65/100 |
Is Kenrose Kitchen Table Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kenrose Kitchen Table Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kenrose Kitchen Table Foundation
Kenrose Kitchen Table Foundation (EIN: 203951665) is a nonprofit organization based in Seattle, WA, classified under NTEE code T20. The organization reported total revenue of $15.6M and total assets of $23.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kenrose Kitchen Table Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kenrose Kitchen Table Foundation is a large nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $8.6M |
| Surplus / Deficit | $-4,674,745 |
| Total Assets | $29.2M |
| Total Liabilities | $1 |
| Net Assets | $29.2M |
| Operating Margin | -119.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 40.9 months |
Financial Health Grade: B
In 2023, Kenrose Kitchen Table Foundation reported a deficit of $4.7M with expenses exceeding revenue, holds 40.9 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), Kenrose Kitchen Table Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +100.0% | +64.7% | -13.8% |
| 2022 | -82.9% | +81.7% | -8.7% |
| 2021 | +147.4% | +10.0% | +30.0% |
| 2020 | +76.8% | +9.9% | +5.6% |
| 2019 | +19.8% | +61.8% | +34.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Kenrose Kitchen Table Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Kenrose Kitchen Table Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $4.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation directly from the organization, which is a strong positive for resource allocation.
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 Kenrose Kitchen Table Foundation's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $8.59M vs. revenue $3.91M)
- Significant decline in assets from $37.15M in 2021 to $29.24M in 2023
- Unexplained high expenses relative to revenue in 2022 and 2023
Strengths
The following positive indicators were identified for Kenrose Kitchen Table Foundation:
- Zero reported officer compensation across all filings, indicating efficient executive cost management
- Minimal liabilities reported ($0 or $1) across all filings, suggesting strong debt management
- Historically strong asset base, though recently declining
Frequently Asked Questions about Kenrose Kitchen Table Foundation
Is Kenrose Kitchen Table Foundation a legitimate charity?
Kenrose Kitchen Table Foundation (EIN: 203951665) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $15.6M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Kenrose Kitchen Table Foundation spend its money?
Kenrose Kitchen Table Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kenrose Kitchen Table Foundation tax-deductible?
Kenrose Kitchen Table Foundation is registered as a tax-exempt nonprofit (EIN: 203951665). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kenrose Kitchen Table Foundation's spending goes to programs?
Kenrose Kitchen Table Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kenrose Kitchen Table Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Kenrose Kitchen Table 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 Kenrose Kitchen Table Foundation located?
Kenrose Kitchen Table Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 203951665. It is classified under NTEE code T20.
How many years of IRS 990 filings does Kenrose Kitchen Table Foundation have?
Kenrose Kitchen Table 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 $15.6M in total revenue.
Why has the organization's expenses significantly outpaced its revenue in 2022 and 2023?
In 2023, expenses were $8,590,321 while revenue was $3,915,576. In 2022, expenses were $5,216,655 against revenue of $1,957,850. This trend requires further investigation into the nature of these expenditures.
What caused the substantial decrease in assets from $37,150,728 in 2021 to $29,245,046 in 2023?
The decline in assets appears to correlate with the periods of significant deficit spending in 2022 and 2023, suggesting the organization is using its reserves to cover operational costs.
Given the NTEE code T20, how are the high expenses in recent years being allocated towards grantmaking or programmatic activities?
Without detailed expense breakdowns, it's unclear if the increased spending is directly tied to increased grant disbursements or other operational costs for its philanthropic mission.
Filing History
IRS 990 filing history for Kenrose Kitchen Table Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kenrose Kitchen Table Foundation's revenue has grown by 98.7%, moving from $2.0M to $3.9M. Total assets increased by 109.4% over the same period, from $14.0M to $29.2M. Total functional expenses rose by 840.8%, from $913K to $8.6M. In its most recent filing year (2023), Kenrose Kitchen Table Foundation reported a deficit of $4.7M, with expenses exceeding revenue. The organization holds $1 in liabilities against $29.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $29.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $8.6M | $29.2M | $1 | — | — |
| 2022 | $2.0M | $5.2M | $33.9M | $1 | — | View 990 |
| 2021 | $11.4M | $2.9M | $37.2M | $1 | — | View 990 |
| 2020 | $4.6M | $2.6M | $28.6M | $1 | — | View 990 |
| 2019 | $2.6M | $2.4M | $27.1M | $1 | — | — |
| 2015 | $2.2M | $1.5M | $20.1M | $1 | — | View 990 |
| 2014 | $3.5M | $1.3M | $19.4M | $1 | — | View 990 |
| 2013 | $2.8M | $1.2M | $17.2M | $0 | — | View 990 |
| 2012 | $2.6M | $978K | $15.6M | $1 | — | View 990 |
| 2011 | $2.0M | $913K | $14.0M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $8.6M, and assets of $29.2M (revenue +100.0% year-over-year).
- 2022: Revenue of $2.0M, expenses of $5.2M, and assets of $33.9M (revenue -82.9% year-over-year).
- 2021: Revenue of $11.4M, expenses of $2.9M, and assets of $37.2M (revenue +147.4% year-over-year).
- 2020: Revenue of $4.6M, expenses of $2.6M, and assets of $28.6M (revenue +76.8% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.4M, and assets of $27.1M (revenue +19.8% year-over-year).
- 2015: Revenue of $2.2M, expenses of $1.5M, and assets of $20.1M (revenue -38.2% year-over-year).
- 2014: Revenue of $3.5M, expenses of $1.3M, and assets of $19.4M (revenue +27.5% year-over-year).
- 2013: Revenue of $2.8M, expenses of $1.2M, and assets of $17.2M (revenue +8.6% year-over-year).
- 2012: Revenue of $2.6M, expenses of $978K, and assets of $15.6M (revenue +29.4% year-over-year).
- 2011: Revenue of $2.0M, expenses of $913K, and assets of $14.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kenrose Kitchen Table Foundation:
Data Sources and Methodology
This transparency report for Kenrose Kitchen Table 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.