Kettle Moraine Education Foundation Inc

Is Kettle Moraine Education Foundation Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Kettle Moraine Education Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Kettle Moraine Education Foundation Inc

Kettle Moraine Education Foundation Inc (EIN: 202309399) is a nonprofit organization based in Wales, WI, classified under NTEE code B11. The organization reported total revenue of $195K and total assets of $500K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kettle Moraine Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kettle Moraine Education Foundation Inc with a Mission Score of 85 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: 90%
• fundraising: 0%

According to IRS 990 filings, Kettle Moraine Education Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets of $464,785.

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 Kettle Moraine Education Foundation Inc's IRS 990 filings:

• Expenses exceeded revenue in the most recent filing (202312) by $91,441, which could indicate a short-term financial strain if not covered by reserves or future funding.

Strengths

The following positive indicators were identified for Kettle Moraine Education Foundation Inc:

• Consistent 0% officer compensation across all filings, indicating volunteer leadership.
• Zero liabilities reported in all 13 filings, demonstrating strong financial health and no debt.
• Significant asset growth from $119,803 in 201412 to $464,785 in 202312.
• Strong program focus implied by the NTEE code and lack of executive compensation.
• Long filing history (13 filings) indicates consistent operation and transparency.

Frequently Asked Questions about Kettle Moraine Education Foundation Inc

Filing History

IRS 990 filing history for Kettle Moraine Education Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Kettle Moraine Education Foundation Inc's revenue has grown by 347%, moving from $44K to $195K. Total assets increased by 278.7% over the same period, from $123K to $465K. Total functional expenses rose by 1296.4%, from $21K to $286K. In its most recent filing year (2023), Kettle Moraine Education Foundation Inc reported a deficit of $91K, with expenses exceeding revenue.

Year-by-Year Financial Summary

• 2023: Revenue of $195K, expenses of $286K, and assets of $465K (revenue +83.2% year-over-year).
• 2022: Revenue of $106K, expenses of $113K, and assets of $537K (revenue -29.3% year-over-year).
• 2021: Revenue of $151K, expenses of $87K, and assets of $645K (revenue +46.2% year-over-year).
• 2020: Revenue of $103K, expenses of $72K, and assets of $554K (revenue -70.6% year-over-year).
• 2019: Revenue of $351K, expenses of $101K, and assets of $492K (revenue +236.8% year-over-year).
• 2018: Revenue of $104K, expenses of $95K, and assets of $231K (revenue -45.1% year-over-year).
• 2017: Revenue of $190K, expenses of $134K, and assets of $244K (revenue +330.1% year-over-year).
• 2016: Revenue of $44K, expenses of $5K, and assets of $172K (revenue -8.2% year-over-year).
• 2015: Revenue of $48K, expenses of $42K, and assets of $124K (revenue +43.1% year-over-year).
• 2014: Revenue of $34K, expenses of $23K, and assets of $120K (revenue -14.2% year-over-year).
• 2013: Revenue of $39K, expenses of $28K, and assets of $107K (revenue -39.9% year-over-year).
• 2012: Revenue of $65K, expenses of $100K, and assets of $90K (revenue +49.2% year-over-year).
• 2011: Revenue of $44K, expenses of $21K, and assets of $123K.

Data Sources and Methodology

This transparency report for Kettle Moraine Education 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.