Kids Of Honor Inc
Kids Of Honor Inc consistently operated at a deficit and experienced declining assets over four years, with current status showing no revenue or assets.
EIN: 200093383 · Salisbury, MD · NTEE: I21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $124K |
| Program Spending | 75% |
| Net Assets | $76K |
| Transparency Score | 45/100 |
Is Kids Of Honor Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kids Of Honor Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kids Of Honor Inc
Kids Of Honor Inc (EIN: 200093383) is a nonprofit organization based in Salisbury, MD, classified under NTEE code I21. 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 Kids Of Honor Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kids Of Honor Inc is a small nonprofit that has been operating for 23 years, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -8.9%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $124K |
| Surplus / Deficit | $-20,207 |
| Total Assets | $100K |
| Total Liabilities | $24K |
| Net Assets | $76K |
| Operating Margin | -19.5% |
| Debt-to-Asset Ratio | 23.9% |
| Months of Reserves | 9.7 months |
Financial Health Grade: B
In 2014, Kids Of Honor Inc reported a deficit of $20K with expenses exceeding revenue, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 23.9% (moderate leverage).
Financial Trends
Over 4 years of filings (2011–2014), Kids Of Honor Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +14.3% | +6.4% | -15.8% |
| 2013 | +13.3% | +17.4% | -16.0% |
| 2012 | -41.6% | -34.2% | -14.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2003 |
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 Kids Of Honor Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Kids Of Honor Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $20K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.9%.
Executive Compensation Analysis
No officer compensation was reported in any of the available filings (2011-2014), indicating a volunteer-led organization or one with very low overhead for executive salaries relative to its small size and revenue.
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 Kids Of Honor Inc's IRS 990 filings:
- Consistent operating deficits: Expenses exceeded revenue in all reported periods (e.g., $123,706 expenses vs. $103,499 revenue in 2014).
- Declining asset base: Total assets decreased from $165,158 in 2011 to $100,223 in 2014.
- Current $0 revenue and assets: The latest reported status of $0 revenue and $0 assets is a significant red flag, suggesting potential inactivity or cessation of operations.
- Lack of detailed expense breakdown: Without program, administrative, and fundraising expense details, it's difficult to fully assess spending efficiency.
Strengths
The following positive indicators were identified for Kids Of Honor Inc:
- No reported officer compensation: This indicates that a significant portion of funds is not being used for executive salaries, potentially allowing more resources for programs.
- Consistent filing history: The organization has a history of filing its IRS 990s, indicating some level of compliance and transparency, despite the financial challenges.
Frequently Asked Questions about Kids Of Honor Inc
Is Kids Of Honor Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kids Of Honor Inc (EIN: 200093383) significant concerns. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
How does Kids Of Honor Inc spend its money?
Kids Of Honor Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kids Of Honor Inc tax-deductible?
Kids Of Honor Inc is registered as a tax-exempt nonprofit (EIN: 200093383). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kids Of Honor Inc's spending goes to programs?
Kids Of Honor Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kids Of Honor Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Kids Of Honor Inc is near average for NTEE category I21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kids Of Honor Inc located?
Kids Of Honor Inc is headquartered in Salisbury, Maryland and files with the IRS under EIN 200093383. It is classified under NTEE code I21.
How many years of IRS 990 filings does Kids Of Honor Inc have?
Kids Of Honor Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Why does the latest filing show $0 revenue and $0 assets?
The provided data for the latest period indicates $0 revenue and $0 assets, which could mean the organization has ceased operations, is in the process of dissolution, or has had a significant change in its reporting requirements or activities. This requires direct inquiry to the organization or further investigation of public records.
How does Kids Of Honor Inc cover its consistent operating deficits?
The organization has consistently reported expenses exceeding revenues from 2011 to 2014. This deficit was likely covered by drawing down on existing assets, as evidenced by the decline in total assets from $165,158 in 2011 to $100,223 in 2014, or potentially through undisclosed loans or other financial mechanisms not detailed in the summary data.
What is the detailed breakdown of expenses (program, admin, fundraising)?
The provided IRS 990 summary data does not include a detailed breakdown of expenses into program, administrative, and fundraising categories. This information is crucial for a comprehensive assessment of spending efficiency.
Filing History
IRS 990 filing history for Kids Of Honor Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Kids Of Honor Inc's revenue has declined by 24.3%, moving from $137K to $103K. Total assets decreased by 39.3% over the same period, from $165K to $100K. Total functional expenses fell by 17.8%, from $150K to $124K. In its most recent filing year (2014), Kids Of Honor Inc reported a deficit of $20K, with expenses exceeding revenue. The organization holds $24K in liabilities against $100K in assets (debt-to-asset ratio: 23.9%), resulting in net assets of $76K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $103K | $124K | $100K | $24K | — | View 990 |
| 2013 | $91K | $116K | $119K | $21K | — | View 990 |
| 2012 | $80K | $99K | $142K | $24K | — | View 990 |
| 2011 | $137K | $150K | $165K | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $103K, expenses of $124K, and assets of $100K (revenue +14.3% year-over-year).
- 2013: Revenue of $91K, expenses of $116K, and assets of $119K (revenue +13.3% year-over-year).
- 2012: Revenue of $80K, expenses of $99K, and assets of $142K (revenue -41.6% year-over-year).
- 2011: Revenue of $137K, expenses of $150K, and assets of $165K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kids Of Honor Inc:
Data Sources and Methodology
This transparency report for Kids Of Honor 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.