Kent Corporation Charitable Foundation
EIN: 426058939 · Muscatine, IA
Is Kent Corporation Charitable Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kent Corporation Charitable Foundation
Kent Corporation Charitable Foundation (EIN: 426058939) is a nonprofit organization based in Muscatine, IA. The organization reported total revenue of $2.0M and total assets of $88K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kent Corporation Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Kent Corporation Charitable Foundation 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 Kent Corporation Charitable Foundation 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.
Frequently Asked Questions about Kent Corporation Charitable Foundation
Is Kent Corporation Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kent Corporation Charitable Foundation (EIN: 426058939) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kent Corporation Charitable Foundation spend its money?
Detailed spending breakdown data is not yet available for Kent Corporation Charitable Foundation. Check back for updated IRS 990 analysis.
Are donations to Kent Corporation Charitable Foundation tax-deductible?
Kent Corporation Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 426058939). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Kent Corporation Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kent Corporation Charitable Foundation's revenue has grown by 102%, moving from $730K to $1.5M. Total assets increased by 146.9% over the same period, from $301K to $744K. Total functional expenses rose by 193.1%, from $537K to $1.6M. In its most recent filing year (2023), Kent Corporation Charitable Foundation reported a deficit of $98K, with expenses exceeding revenue. The organization holds $3.9M in liabilities against $744K in assets (debt-to-asset ratio: 530.1%), resulting in net assets of $-3,199,408.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.6M | $744K | $3.9M | — | View 990 |
| 2022 | $3.2M | $2.5M | $842K | $4.6M | — | View 990 |
| 2021 | $2.3M | $2.5M | $111K | $2.2M | — | View 990 |
| 2020 | $2.8M | $2.6M | $246K | $4.2M | — | — |
| 2019 | $1.5M | $2.9M | $35K | $6.4M | — | View 990 |
| 2015 | $752K | $644K | $928K | $1.6M | — | View 990 |
| 2014 | $1000K | $567K | $820K | $1.2M | — | View 990 |
| 2013 | $722K | $493K | $388K | $739K | — | View 990 |
| 2012 | $647K | $789K | $159K | $956K | — | View 990 |
| 2011 | $730K | $537K | $301K | $261K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $744K (revenue -54.5% year-over-year).
- 2022: Revenue of $3.2M, expenses of $2.5M, and assets of $842K (revenue +38.5% year-over-year).
- 2021: Revenue of $2.3M, expenses of $2.5M, and assets of $111K (revenue -15.3% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.6M, and assets of $246K (revenue +88.9% year-over-year).
- 2019: Revenue of $1.5M, expenses of $2.9M, and assets of $35K (revenue +94.5% year-over-year).
- 2015: Revenue of $752K, expenses of $644K, and assets of $928K (revenue -24.8% year-over-year).
- 2014: Revenue of $1000K, expenses of $567K, and assets of $820K (revenue +38.5% year-over-year).
- 2013: Revenue of $722K, expenses of $493K, and assets of $388K (revenue +11.6% year-over-year).
- 2012: Revenue of $647K, expenses of $789K, and assets of $159K (revenue -11.4% year-over-year).
- 2011: Revenue of $730K, expenses of $537K, and assets of $301K.
Data Sources and Methodology
This transparency report for Kent Corporation 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.