Kids Orbit Inc
Kids Orbit Inc shows strong financial growth and no reported officer compensation across all filings.
EIN: 113277883 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.0M |
| Total Expenses | $3.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $2.6M |
| Transparency Score | 90/100 |
Is Kids Orbit Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kids Orbit Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kids Orbit Inc
Kids Orbit Inc (EIN: 113277883) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $7.0M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kids Orbit Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kids Orbit Inc is a mid-size nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2010–2022). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.1M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$1.1M |
| Total Assets | $3.3M |
| Total Liabilities | $674K |
| Net Assets | $2.6M |
| Operating Margin | 26.8% |
| Debt-to-Asset Ratio | 20.7% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2022, Kids Orbit Inc reported a surplus of $1.1M with revenue exceeding expenses, holds 13.0 months of operating reserves (strong position), has a debt-to-asset ratio of 20.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2010–2022), Kids Orbit Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +90.4% | +48.0% | +50.5% |
| 2021 | +8.8% | +16.0% | +49.0% |
| 2020 | -39.5% | -46.6% | +22.7% |
| 2019 | +7.7% | +21.2% | -0.8% |
| 2018 | +13.9% | +9.0% | +46.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Orbit 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kids Orbit Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.7%.
Executive Compensation Analysis
Kids Orbit Inc consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with revenues reaching over $4 million. This suggests either a volunteer-led executive team or compensation structured in a way not reported as officer compensation on the 990, which warrants further investigation for complete transparency.
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 Orbit Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may obscure how leadership is compensated or sustained.
Strengths
The following positive indicators were identified for Kids Orbit Inc:
- Consistent revenue growth, from $1.47M in 2013 to $4.11M in 2022.
- Strong asset growth, increasing from $398K in 2013 to $3.25M in 2022.
- Positive net income in most years, indicating sound financial management.
- Low liabilities relative to assets, suggesting financial stability.
Frequently Asked Questions about Kids Orbit Inc
Is Kids Orbit Inc a legitimate charity?
Kids Orbit Inc (EIN: 113277883) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.0M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Kids Orbit Inc spend its money?
Kids Orbit Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kids Orbit Inc tax-deductible?
Kids Orbit Inc is registered as a tax-exempt nonprofit (EIN: 113277883). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kids Orbit Inc CEO make?
Kids Orbit Inc's highest-compensated officer earns $4 annually. The organization reported $7.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kids Orbit Inc's spending goes to programs?
Kids Orbit Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Kids Orbit Inc located?
Kids Orbit Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 113277883.
How many years of IRS 990 filings does Kids Orbit Inc have?
Kids Orbit Inc has 13 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 $7.0M in total revenue.
How does Kids Orbit Inc manage to operate without reporting any officer compensation?
The IRS 990 filings consistently show 0% officer compensation, which is uncommon for an organization of this size. This could indicate a volunteer-led executive team, or that compensation is structured differently and not reported in this specific section of the 990.
What is the specific breakdown of program, administrative, and fundraising expenses for Kids Orbit Inc?
While the provided data indicates strong overall financial health and positive net income, the exact percentages for program, administrative, and fundraising expenses are not detailed in this summary. Further review of the full 990 forms would be necessary to determine these specifics.
How has Kids Orbit Inc managed to achieve such significant asset growth?
Kids Orbit Inc has consistently generated more revenue than expenses in most periods, leading to an accumulation of assets. For example, in 2022, revenue was $4,116,616 against expenses of $3,012,803, contributing to asset growth from $398,831 in 2013 to $3,257,339 in 2022.
Filing History
IRS 990 filing history for Kids Orbit Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Kids Orbit Inc's revenue has grown by 490%, moving from $698K to $4.1M. Total assets increased by 1562.3% over the same period, from $196K to $3.3M. Total functional expenses rose by 325.1%, from $709K to $3.0M. In its most recent filing year (2022), Kids Orbit Inc reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $674K in liabilities against $3.3M in assets (debt-to-asset ratio: 20.7%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $4.1M | $3.0M | $3.3M | $674K | — | View 990 |
| 2021 | $2.2M | $2.0M | $2.2M | $685K | — | View 990 |
| 2020 | $2.0M | $1.8M | $1.5M | $100K | — | View 990 |
| 2019 | $3.3M | $3.3M | $1.2M | $64K | — | View 990 |
| 2018 | $3.0M | $2.7M | $1.2M | $75K | — | View 990 |
| 2017 | $2.7M | $2.5M | $814K | $36K | — | View 990 |
| 2016 | $2.1M | $2.0M | $612K | $25K | — | View 990 |
| 2015 | $2.0M | $2.0M | $705K | $160K | — | View 990 |
| 2014 | $1.9M | $1.8M | $540K | $27K | — | View 990 |
| 2013 | $1.5M | $1.5M | $399K | $24K | — | View 990 |
| 2012 | $1.4M | $1.3M | $430K | $58K | — | View 990 |
| 2011 | $946K | $883K | $241K | $14K | — | — |
| 2010 | $698K | $709K | $196K | $31K | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $4.1M, expenses of $3.0M, and assets of $3.3M (revenue +90.4% year-over-year).
- 2021: Revenue of $2.2M, expenses of $2.0M, and assets of $2.2M (revenue +8.8% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.8M, and assets of $1.5M (revenue -39.5% year-over-year).
- 2019: Revenue of $3.3M, expenses of $3.3M, and assets of $1.2M (revenue +7.7% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.7M, and assets of $1.2M (revenue +13.9% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.5M, and assets of $814K (revenue +29.2% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.0M, and assets of $612K (revenue +3.9% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $705K (revenue +5.4% year-over-year).
- 2014: Revenue of $1.9M, expenses of $1.8M, and assets of $540K (revenue +28.5% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $399K (revenue +5.0% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.3M, and assets of $430K (revenue +48.4% year-over-year).
- 2011: Revenue of $946K, expenses of $883K, and assets of $241K (revenue +35.5% year-over-year).
- 2010: Revenue of $698K, expenses of $709K, and assets of $196K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kids Orbit Inc:
Data Sources and Methodology
This transparency report for Kids Orbit 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.