Kilpatrick Rose Neath Foundation Inc
Kilpatrick Rose Neath Foundation maintains stable assets and zero reported officer compensation over a decade.
EIN: 201041965 · Shreveport, LA · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $531K |
| Total Expenses | $33K |
| Program Spending | 85% |
| Net Assets | $502K |
| Transparency Score | 90/100 |
Is Kilpatrick Rose Neath Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kilpatrick Rose Neath Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kilpatrick Rose Neath Foundation Inc
Kilpatrick Rose Neath Foundation Inc (EIN: 201041965) is a nonprofit organization based in Shreveport, LA, classified under NTEE code T22. The organization reported total revenue of $531K and total assets of $486K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kilpatrick Rose Neath Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kilpatrick Rose Neath Foundation Inc is a small nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $33K |
| Surplus / Deficit | +$38K |
| Total Assets | $502K |
| Total Liabilities | $1 |
| Net Assets | $502K |
| Operating Margin | 53.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 182.2 months |
Financial Health Grade: A
In 2023, Kilpatrick Rose Neath Foundation Inc reported a surplus of $38K with revenue exceeding expenses, holds 182.2 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), Kilpatrick Rose Neath Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.9% | -5.4% | +8.3% |
| 2022 | -36.9% | -31.6% | +1.9% |
| 2021 | +179.3% | +27.0% | +4.1% |
| 2020 | -12.1% | +24.9% | -3.4% |
| 2019 | -23.0% | +1.7% | -13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Kilpatrick Rose Neath 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kilpatrick Rose Neath Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten years of available filings, indicating that executive leadership is either entirely volunteer-based or compensated through mechanisms not categorized as officer compensation on the 990, which is highly favorable for donor perception.
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.
Strengths
The following positive indicators were identified for Kilpatrick Rose Neath Foundation Inc:
- Consistent 0% officer compensation reported across all filings, indicating high efficiency and potentially volunteer leadership.
- Minimal liabilities (often $1) across all reporting periods, demonstrating strong financial management and low debt.
- Stable and growing asset base, with assets consistently above $450,000 over the past decade, indicating long-term financial health.
- Consistent filing of IRS Form 990s for over a decade, showing strong transparency and compliance.
- Latest revenue of $71,455 in 2023 represents a significant increase from previous years, suggesting renewed financial support.
Frequently Asked Questions about Kilpatrick Rose Neath Foundation Inc
Is Kilpatrick Rose Neath Foundation Inc a legitimate charity?
Kilpatrick Rose Neath Foundation Inc (EIN: 201041965) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 90/100. It has 10 years of IRS 990 filings on record. Total revenue: $531K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Kilpatrick Rose Neath Foundation Inc spend its money?
Kilpatrick Rose Neath Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kilpatrick Rose Neath Foundation Inc tax-deductible?
Kilpatrick Rose Neath Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201041965). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kilpatrick Rose Neath Foundation Inc's spending goes to programs?
Kilpatrick Rose Neath Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kilpatrick Rose Neath Foundation Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Kilpatrick Rose Neath Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kilpatrick Rose Neath Foundation Inc located?
Kilpatrick Rose Neath Foundation Inc is headquartered in Shreveport, Louisiana and files with the IRS under EIN 201041965. It is classified under NTEE code T22.
How many years of IRS 990 filings does Kilpatrick Rose Neath Foundation Inc have?
Kilpatrick Rose Neath Foundation Inc has 10 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 $531K in total revenue.
Is Kilpatrick Rose Neath Foundation Inc. a good charity?
Based on the available financial data, the Kilpatrick Rose Neath Foundation Inc. appears to be a well-managed and financially stable organization. Key indicators include consistent asset growth, minimal liabilities (often $1), and a decade of 0% reported officer compensation, suggesting high efficiency and a strong commitment to its mission without significant overhead for executive salaries.
How has the organization's revenue trended over the past decade?
The organization's revenue has fluctuated over the past decade, ranging from a low of $22,537 in 2011 to a high of $71,455 in 2023. While not consistently growing year-over-year, the latest period shows a significant increase, indicating renewed fundraising success or increased grant income.
What is the organization's financial stability?
The Kilpatrick Rose Neath Foundation Inc. demonstrates strong financial stability. It consistently maintains a healthy asset base (currently $486,028) relative to its annual expenses, and its liabilities are consistently minimal, often reported as just $1, indicating a very low debt burden and robust financial health.
Filing History
IRS 990 filing history for Kilpatrick Rose Neath Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kilpatrick Rose Neath Foundation Inc's revenue has grown by 217.1%, moving from $23K to $71K. Total assets increased by 6.6% over the same period, from $471K to $502K. Total functional expenses rose by 20.7%, from $27K to $33K. In its most recent filing year (2023), Kilpatrick Rose Neath Foundation Inc reported a surplus of $38K, with revenue exceeding expenses. The organization holds $1 in liabilities against $502K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $502K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $71K | $33K | $502K | $1 | — | — |
| 2022 | $44K | $35K | $464K | $1 | — | — |
| 2021 | $69K | $51K | $455K | $1 | — | — |
| 2020 | $25K | $40K | $437K | $1 | — | — |
| 2019 | $28K | $32K | $453K | $1 | — | View 990 |
| 2015 | $37K | $32K | $523K | $1 | — | View 990 |
| 2014 | $60K | $28K | $518K | $1 | — | View 990 |
| 2013 | $49K | $29K | $486K | $1 | — | View 990 |
| 2012 | $23K | $28K | $472K | $5K | — | View 990 |
| 2011 | $23K | $27K | $471K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $71K, expenses of $33K, and assets of $502K (revenue +63.9% year-over-year).
- 2022: Revenue of $44K, expenses of $35K, and assets of $464K (revenue -36.9% year-over-year).
- 2021: Revenue of $69K, expenses of $51K, and assets of $455K (revenue +179.3% year-over-year).
- 2020: Revenue of $25K, expenses of $40K, and assets of $437K (revenue -12.1% year-over-year).
- 2019: Revenue of $28K, expenses of $32K, and assets of $453K (revenue -23.0% year-over-year).
- 2015: Revenue of $37K, expenses of $32K, and assets of $523K (revenue -38.7% year-over-year).
- 2014: Revenue of $60K, expenses of $28K, and assets of $518K (revenue +20.7% year-over-year).
- 2013: Revenue of $49K, expenses of $29K, and assets of $486K (revenue +111.7% year-over-year).
- 2012: Revenue of $23K, expenses of $28K, and assets of $472K (revenue +3.4% year-over-year).
- 2011: Revenue of $23K, expenses of $27K, and assets of $471K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kilpatrick Rose Neath Foundation Inc:
Data Sources and Methodology
This transparency report for Kilpatrick Rose Neath 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.