Kid Core Inc
EIN: 450446637 · West Fargo, ND · NTEE: P30
| Metric | Value |
|---|---|
| Total Expenses | $17K |
| Net Assets | $-1,172 |
Is Kid Core Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kid Core Inc
Kid Core Inc (EIN: 450446637) is a nonprofit organization based in West Fargo, ND, classified under NTEE code P30. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kid Core Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kid Core Inc is a micro nonprofit that has been operating for 24 years, with 6 years of IRS 990 filings on record (2010–2015). Revenue has grown at a compound annual rate of -26.5%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $17K |
| Surplus / Deficit | +$3K |
| Total Assets | $20K |
| Total Liabilities | $21K |
| Net Assets | $-1,172 |
| Operating Margin | 13.2% |
| Debt-to-Asset Ratio | 105.8% |
| Months of Reserves | 13.9 months |
Financial Health Grade: A
In 2015, Kid Core Inc reported a surplus of $3K with revenue exceeding expenses, holds 13.9 months of operating reserves (strong position), has a debt-to-asset ratio of 105.8% (high leverage).
Financial Trends
Over 6 years of filings (2010–2015), Kid Core Inc's revenue has declined at a compound annual growth rate (CAGR) of -26.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -46.2% | -53.5% | +0.4% |
| 2014 | -36.1% | -37.5% | +135.9% |
| 2013 | -48.1% | -52.0% | -13.2% |
| 2012 | -2.0% | +10.3% | -54.2% |
| 2011 | +22.6% | +21.2% | +6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kid Core Inc 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 Kid Core Inc 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 105.8%.
Frequently Asked Questions about Kid Core Inc
Is Kid Core Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kid Core Inc (EIN: 450446637) insufficient data. 0 red flags identified, 0 strengths noted.
How does Kid Core Inc spend its money?
Detailed spending breakdown data is not yet available for Kid Core Inc. Check back for updated IRS 990 analysis.
Are donations to Kid Core Inc tax-deductible?
Kid Core Inc is registered as a tax-exempt nonprofit (EIN: 450446637). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kid Core Inc located?
Kid Core Inc is headquartered in West Fargo, North Dakota and files with the IRS under EIN 450446637. It is classified under NTEE code P30.
How many years of IRS 990 filings does Kid Core Inc have?
Kid Core Inc has 6 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Kid Core Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2015), Kid Core Inc's revenue has declined by 78.5%, moving from $94K to $20K. Total assets increased by 0.4% over the same period, from $20K to $20K. Total functional expenses fell by 81.4%, from $94K to $17K. In its most recent filing year (2015), Kid Core Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $21K in liabilities against $20K in assets (debt-to-asset ratio: 105.8%), resulting in net assets of $-1,172.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $20K | $17K | $20K | $21K | — | View 990 |
| 2014 | $37K | $37K | $20K | $24K | — | View 990 |
| 2013 | $58K | $60K | $9K | $12K | — | View 990 |
| 2012 | $113K | $125K | $10K | $13K | — | View 990 |
| 2011 | $115K | $113K | $21K | $0 | — | View 990 |
| 2010 | $94K | $94K | $20K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $20K, expenses of $17K, and assets of $20K (revenue -46.2% year-over-year).
- 2014: Revenue of $37K, expenses of $37K, and assets of $20K (revenue -36.1% year-over-year).
- 2013: Revenue of $58K, expenses of $60K, and assets of $9K (revenue -48.1% year-over-year).
- 2012: Revenue of $113K, expenses of $125K, and assets of $10K (revenue -2.0% year-over-year).
- 2011: Revenue of $115K, expenses of $113K, and assets of $21K (revenue +22.6% year-over-year).
- 2010: Revenue of $94K, expenses of $94K, and assets of $20K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kid Core Inc:
Data Sources and Methodology
This transparency report for Kid Core 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.