Kenwood Elementary Pta
EIN: 416040599 · Minneapolis, MN
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $84K |
| Net Assets | $99K |
Is Kenwood Elementary Pta Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kenwood Elementary Pta
Kenwood Elementary Pta (EIN: 416040599) is a nonprofit organization based in Minneapolis, MN. The organization reported total revenue of $183K and total assets of $141K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kenwood Elementary Pta's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kenwood Elementary Pta is a small nonprofit that has been operating for 81 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -5.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $55K |
| Total Expenses | $84K |
| Surplus / Deficit | $-28,929 |
| Total Assets | $99K |
| Net Assets | $99K |
| Operating Margin | -52.2% |
| Months of Reserves | 14.0 months |
Financial Health Grade: B
In 2024, Kenwood Elementary Pta reported a deficit of $29K with expenses exceeding revenue, holds 14.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Kenwood Elementary Pta's revenue has declined at a compound annual growth rate (CAGR) of -5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -9.5% | +5.1% | -22.7% |
| 2023 | -30.8% | +31.3% | -7.4% |
| 2022 | +203.1% | +32.8% | +23.7% |
| 2021 | -80.8% | -70.4% | -14.1% |
| 2020 | +1.3% | -5.7% | -1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kenwood Elementary Pta 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 Kenwood Elementary Pta 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
Frequently Asked Questions about Kenwood Elementary Pta
Is Kenwood Elementary Pta a legitimate charity?
Kenwood Elementary Pta (EIN: 416040599) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $183K. No red flags identified. Financial health grade: B.
How does Kenwood Elementary Pta spend its money?
Kenwood Elementary Pta reported $183K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kenwood Elementary Pta tax-deductible?
Kenwood Elementary Pta is registered as a tax-exempt nonprofit (EIN: 416040599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kenwood Elementary Pta located?
Kenwood Elementary Pta is headquartered in Minneapolis, Minnesota and files with the IRS under EIN 416040599.
How many years of IRS 990 filings does Kenwood Elementary Pta have?
Kenwood Elementary Pta has 13 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 $183K in total revenue.
Filing History
IRS 990 filing history for Kenwood Elementary Pta showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Kenwood Elementary Pta's revenue has declined by 51%, moving from $113K to $55K. Total assets increased by 47.9% over the same period, from $67K to $99K. Total functional expenses fell by 12.2%, from $96K to $84K. In its most recent filing year (2024), Kenwood Elementary Pta reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $55K | $84K | $99K | $0 | — | — |
| 2023 | $61K | $80K | $127K | $11K | — | View 990 |
| 2022 | $89K | $61K | $138K | $11K | — | View 990 |
| 2021 | $29K | $46K | $111K | $16K | — | — |
| 2020 | $152K | $155K | $129K | $15K | — | View 990 |
| 2019 | $150K | $165K | $132K | $18K | — | View 990 |
| 2018 | $170K | $108K | $146K | $47K | — | View 990 |
| 2017 | $242K | $197K | $137K | $50K | — | View 990 |
| 2016 | $90K | $89K | $99K | $57K | — | View 990 |
| 2015 | $72K | $79K | $67K | $26K | — | View 990 |
| 2014 | $95K | $85K | $71K | $22K | — | View 990 |
| 2013 | $91K | $111K | $48K | $2K | — | View 990 |
| 2012 | $113K | $96K | $67K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $55K, expenses of $84K, and assets of $99K (revenue -9.5% year-over-year).
- 2023: Revenue of $61K, expenses of $80K, and assets of $127K (revenue -30.8% year-over-year).
- 2022: Revenue of $89K, expenses of $61K, and assets of $138K (revenue +203.1% year-over-year).
- 2021: Revenue of $29K, expenses of $46K, and assets of $111K (revenue -80.8% year-over-year).
- 2020: Revenue of $152K, expenses of $155K, and assets of $129K (revenue +1.3% year-over-year).
- 2019: Revenue of $150K, expenses of $165K, and assets of $132K (revenue -11.8% year-over-year).
- 2018: Revenue of $170K, expenses of $108K, and assets of $146K (revenue -29.7% year-over-year).
- 2017: Revenue of $242K, expenses of $197K, and assets of $137K (revenue +169.3% year-over-year).
- 2016: Revenue of $90K, expenses of $89K, and assets of $99K (revenue +24.5% year-over-year).
- 2015: Revenue of $72K, expenses of $79K, and assets of $67K (revenue -24.1% year-over-year).
- 2014: Revenue of $95K, expenses of $85K, and assets of $71K (revenue +4.8% year-over-year).
- 2013: Revenue of $91K, expenses of $111K, and assets of $48K (revenue -19.9% year-over-year).
- 2012: Revenue of $113K, expenses of $96K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kenwood Elementary Pta:
Data Sources and Methodology
This transparency report for Kenwood Elementary Pta 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.