Kevah And Michele Konner Family Foundation Inc
Kevah And Michele Konner Family Foundation maintains stable assets and zero officer compensation over a decade.
EIN: 208103937 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
Is Kevah And Michele Konner Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kevah And Michele Konner Family Foundation Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kevah And Michele Konner Family Foundation Inc
Kevah And Michele Konner Family Foundation Inc (EIN: 208103937) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $193K and total assets of $350K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kevah And Michele Konner Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kevah And Michele Konner Family Foundation Inc is a small 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 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $21K |
| Surplus / Deficit | $-2,456 |
| Total Assets | $351K |
| Total Liabilities | $1 |
| Net Assets | $351K |
| Operating Margin | -12.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 196.4 months |
Financial Health Grade: B
In 2023, Kevah And Michele Konner Family Foundation Inc reported a deficit of $2K with expenses exceeding revenue, holds 196.4 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), Kevah And Michele Konner Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.1% | -13.6% | -0.7% |
| 2022 | +30.4% | -2.1% | +0.1% |
| 2021 | -62.2% | +73.0% | -1.7% |
| 2020 | +22.0% | -37.5% | +11.2% |
| 2019 | -52.8% | +11.3% | -0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Kevah And Michele Konner Family Foundation Inc with a Mission Score of 90 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Kevah And Michele Konner Family Foundation Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation is likely run by volunteers or has no paid officers, which is highly commendable for a nonprofit of its size.
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 Kevah And Michele Konner Family Foundation Inc's IRS 990 filings:
- Relatively low annual revenue compared to asset base, suggesting a focus on grantmaking from endowment rather than active fundraising.
Strengths
The following positive indicators were identified for Kevah And Michele Konner Family Foundation Inc:
- Consistent asset growth over a decade, from $247,730 in 2011 to $351,091 in 2023.
- Zero officer compensation reported across all filings, indicating high efficiency and volunteer leadership.
- Minimal liabilities ($1 reported consistently), demonstrating strong financial management and low debt.
- Stable financial health with expenses generally managed within revenue.
- High transparency through consistent IRS 990 filings.
Frequently Asked Questions about Kevah And Michele Konner Family Foundation Inc
Is Kevah And Michele Konner Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kevah And Michele Konner Family Foundation Inc (EIN: 208103937) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Kevah And Michele Konner Family Foundation Inc spend its money?
Kevah And Michele Konner Family Foundation Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kevah And Michele Konner Family Foundation Inc tax-deductible?
Kevah And Michele Konner Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 208103937). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Kevah And Michele Konner Family Foundation Inc a good charity?
Based on the provided data, the foundation exhibits strong financial health, consistent asset growth, and excellent transparency with zero reported officer compensation. These factors suggest it is a well-managed and efficient organization.
How has the foundation's asset base changed over time?
The foundation's assets have shown consistent growth, increasing from $247,730 in 2011 to $351,091 in 2023, indicating sound financial stewardship and accumulation of resources.
What is the trend in revenue and expenses?
Revenue and expenses fluctuate year-to-year, but expenses are generally managed well within or close to revenue, allowing for asset stability and growth. For example, in 2023, revenue was $19,000 and expenses were $21,456, while in 2020, revenue was $50,749 and expenses were $14,668.
Filing History
IRS 990 filing history for Kevah And Michele Konner Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kevah And Michele Konner Family Foundation Inc's revenue has grown by 135.3%, moving from $8K to $19K. Total assets increased by 41.7% over the same period, from $248K to $351K. Total functional expenses rose by 158.8%, from $8K to $21K. In its most recent filing year (2023), Kevah And Michele Konner Family Foundation Inc reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $351K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $351K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $21K | $351K | $1 | — | — |
| 2022 | $25K | $25K | $354K | $1 | — | — |
| 2021 | $19K | $25K | $353K | $1 | — | View 990 |
| 2020 | $51K | $15K | $360K | $1 | — | — |
| 2019 | $42K | $23K | $323K | $1 | — | View 990 |
| 2015 | $88K | $21K | $325K | $1 | — | View 990 |
| 2014 | $23K | $15K | $258K | $1 | — | View 990 |
| 2013 | $14K | $11K | $250K | $1 | — | View 990 |
| 2012 | $13K | $14K | $247K | $1 | — | View 990 |
| 2011 | $8K | $8K | $248K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $21K, and assets of $351K (revenue -24.1% year-over-year).
- 2022: Revenue of $25K, expenses of $25K, and assets of $354K (revenue +30.4% year-over-year).
- 2021: Revenue of $19K, expenses of $25K, and assets of $353K (revenue -62.2% year-over-year).
- 2020: Revenue of $51K, expenses of $15K, and assets of $360K (revenue +22.0% year-over-year).
- 2019: Revenue of $42K, expenses of $23K, and assets of $323K (revenue -52.8% year-over-year).
- 2015: Revenue of $88K, expenses of $21K, and assets of $325K (revenue +280.2% year-over-year).
- 2014: Revenue of $23K, expenses of $15K, and assets of $258K (revenue +65.8% year-over-year).
- 2013: Revenue of $14K, expenses of $11K, and assets of $250K (revenue +8.9% year-over-year).
- 2012: Revenue of $13K, expenses of $14K, and assets of $247K (revenue +59.2% year-over-year).
- 2011: Revenue of $8K, expenses of $8K, and assets of $248K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kevah And Michele Konner Family Foundation Inc:
Data Sources and Methodology
This transparency report for Kevah And Michele Konner Family 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.