Kheprw Institute
Kheprw Institute shows significant growth in revenue and assets with no reported officer compensation, though liabilities have increased.
EIN: 200820589 · Indianapolis, IN · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| Net Assets | $946K |
| Transparency Score | 92/100 |
Is Kheprw Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kheprw Institute directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kheprw Institute
Kheprw Institute (EIN: 200820589) is a nonprofit organization based in Indianapolis, IN, classified under NTEE code B90. The organization reported total revenue of $2.5M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kheprw Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kheprw Institute is a mid-size nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 30.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $2.1M |
| Surplus / Deficit | +$11K |
| Total Assets | $3.0M |
| Total Liabilities | $2.0M |
| Net Assets | $946K |
| Operating Margin | 0.5% |
| Debt-to-Asset Ratio | 68.0% |
| Months of Reserves | 16.9 months |
Financial Health Grade: A
In 2023, Kheprw Institute reported a surplus of $11K with revenue exceeding expenses, holds 16.9 months of operating reserves (strong position), has a debt-to-asset ratio of 68.0% (high leverage).
Financial Trends
Over 12 years of filings (2009–2023), Kheprw Institute's revenue has grown at a compound annual growth rate (CAGR) of 30.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -54.8% | +61.9% | -28.8% |
| 2022 | +271.3% | +8.9% | +102.6% |
| 2021 | +40.5% | +76.4% | +345.1% |
| 2020 | +121.2% | +119.4% | +94.2% |
| 2019 | +37.1% | +5.8% | +64.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Kheprw Institute with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Kheprw Institute allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 68.0%.
Executive Compensation Analysis
Kheprw Institute consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a strong dedication to mission-driven spending.
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 Kheprw Institute's IRS 990 filings:
- Significant increase in liabilities in recent years (e.g., $2,015,683 in 2023) without clear explanation in the provided data.
Strengths
The following positive indicators were identified for Kheprw Institute:
- Consistent 0% officer compensation, indicating strong commitment to mission and efficient use of funds.
- Significant and sustained growth in revenue and assets over the past decade, demonstrating increasing capacity and impact.
- Expenses closely align with revenue in the most recent period (2023), suggesting effective financial management and program delivery.
Frequently Asked Questions about Kheprw Institute
Is Kheprw Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Kheprw Institute (EIN: 200820589) some concerns. Mission Score: 92/100. 1 red flag identified, 3 strengths noted.
How does Kheprw Institute spend its money?
Kheprw Institute directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kheprw Institute tax-deductible?
Kheprw Institute is registered as a tax-exempt nonprofit (EIN: 200820589). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kheprw Institute's spending goes to programs?
Kheprw Institute directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kheprw Institute compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Kheprw Institute is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kheprw Institute located?
Kheprw Institute is headquartered in Indianapolis, Indiana and files with the IRS under EIN 200820589. It is classified under NTEE code B90.
How many years of IRS 990 filings does Kheprw Institute have?
Kheprw Institute has 12 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 $2.5M in total revenue.
Is Kheprw Institute a good charity?
Based on the available data, Kheprw Institute appears to be a good charity. It demonstrates strong growth, efficient spending with expenses closely matching revenue in recent years, and a remarkable commitment to its mission by reporting 0% officer compensation.
Why are liabilities so high in 2021 and 2023?
The liabilities increased significantly to $1,529,783 in 2021 and $2,015,683 in 2023. This could be due to various factors such as program-related debt, capital expenditures, or deferred revenue. Further investigation into the specific nature of these liabilities would be necessary to fully understand their impact.
How does Kheprw Institute manage without officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be volunteer-based, compensated through other means not classified as officer compensation on the 990, or that the organization's structure allows for leadership roles without traditional salaries, which is highly commendable for a growing organization.
Filing History
IRS 990 filing history for Kheprw Institute showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2009–2023), Kheprw Institute's revenue has grown by 4064.7%, moving from $51K to $2.1M. Total functional expenses rose by 4015.6%, from $51K to $2.1M. In its most recent filing year (2023), Kheprw Institute reported a surplus of $11K, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $3.0M in assets (debt-to-asset ratio: 68.0%), resulting in net assets of $946K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $3.0M | $2.0M | — | — |
| 2022 | $4.7M | $1.3M | $4.2M | $569K | — | View 990 |
| 2021 | $1.3M | $1.2M | $2.1M | $1.5M | — | View 990 |
| 2020 | $898K | $677K | $461K | $6K | — | — |
| 2019 | $406K | $309K | $238K | $7K | — | View 990 |
| 2018 | $296K | $292K | $145K | $10K | — | View 990 |
| 2017 | $283K | $198K | $110K | $14K | — | View 990 |
| 2016 | $130K | $129K | $15K | $4K | — | View 990 |
| 2015 | $76K | $67K | $13K | $3K | — | View 990 |
| 2014 | $60K | $60K | $4K | $4K | — | View 990 |
| 2013 | $67K | $65K | $1K | $0 | — | View 990 |
| 2009 | $51K | $51K | $-101 | $-4,862 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $3.0M (revenue -54.8% year-over-year).
- 2022: Revenue of $4.7M, expenses of $1.3M, and assets of $4.2M (revenue +271.3% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.2M, and assets of $2.1M (revenue +40.5% year-over-year).
- 2020: Revenue of $898K, expenses of $677K, and assets of $461K (revenue +121.2% year-over-year).
- 2019: Revenue of $406K, expenses of $309K, and assets of $238K (revenue +37.1% year-over-year).
- 2018: Revenue of $296K, expenses of $292K, and assets of $145K (revenue +4.8% year-over-year).
- 2017: Revenue of $283K, expenses of $198K, and assets of $110K (revenue +118.2% year-over-year).
- 2016: Revenue of $130K, expenses of $129K, and assets of $15K (revenue +71.6% year-over-year).
- 2015: Revenue of $76K, expenses of $67K, and assets of $13K (revenue +25.3% year-over-year).
- 2014: Revenue of $60K, expenses of $60K, and assets of $4K (revenue -9.7% year-over-year).
- 2013: Revenue of $67K, expenses of $65K, and assets of $1K (revenue +31.3% year-over-year).
- 2009: Revenue of $51K, expenses of $51K, and assets of $-101.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kheprw Institute:
Data Sources and Methodology
This transparency report for Kheprw Institute 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.