Kindred Souls Foundation
EIN: 383707806 · Steilacoom, WA · NTEE: D20
| Metric | Value |
|---|---|
| Total Revenue | $189K |
| Total Expenses | $139K |
| Net Assets | $246K |
Is Kindred Souls Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kindred Souls Foundation
Kindred Souls Foundation (EIN: 383707806) is a nonprofit organization based in Steilacoom, WA, classified under NTEE code D20. The organization reported total revenue of $189K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kindred Souls Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kindred Souls Foundation is a small nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $187K |
| Total Expenses | $139K |
| Surplus / Deficit | +$48K |
| Total Assets | $248K |
| Total Liabilities | $2K |
| Net Assets | $246K |
| Operating Margin | 25.5% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 21.4 months |
Financial Health Grade: A
In 2023, Kindred Souls Foundation reported a surplus of $48K with revenue exceeding expenses, holds 21.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Kindred Souls Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.8% | -17.0% | +25.2% |
| 2022 | +27.6% | +16.7% | +16.9% |
| 2021 | -4.0% | +8.8% | +4.7% |
| 2020 | +29.0% | -3.9% | +18.8% |
| 2019 | -12.7% | +3.2% | -5.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kindred Souls Foundation 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 Kindred Souls Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Kindred Souls Foundation
Is Kindred Souls Foundation a legitimate charity?
Kindred Souls Foundation (EIN: 383707806) is a registered tax-exempt nonprofit based in Washington. It has 12 years of IRS 990 filings on record. Total revenue: $189K. No red flags identified. Financial health grade: A.
How does Kindred Souls Foundation spend its money?
Kindred Souls Foundation reported $189K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kindred Souls Foundation tax-deductible?
Kindred Souls Foundation is registered as a tax-exempt nonprofit (EIN: 383707806). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kindred Souls Foundation located?
Kindred Souls Foundation is headquartered in Steilacoom, Washington and files with the IRS under EIN 383707806. It is classified under NTEE code D20.
How many years of IRS 990 filings does Kindred Souls Foundation have?
Kindred Souls Foundation 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 $189K in total revenue.
Filing History
IRS 990 filing history for Kindred Souls Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Kindred Souls Foundation's revenue has grown by 226.3%, moving from $57K to $187K. Total assets increased by 991.1% over the same period, from $23K to $248K. Total functional expenses rose by 123.6%, from $62K to $139K. In its most recent filing year (2023), Kindred Souls Foundation reported a surplus of $48K, with revenue exceeding expenses. The organization holds $2K in liabilities against $248K in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $246K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $187K | $139K | $248K | $2K | — | View 990 |
| 2022 | $197K | $168K | $198K | $0 | — | View 990 |
| 2021 | $154K | $144K | $170K | $0 | — | View 990 |
| 2020 | $161K | $132K | $162K | $3K | — | View 990 |
| 2019 | $124K | $138K | $136K | $5K | — | View 990 |
| 2018 | $143K | $133K | $145K | $0 | — | View 990 |
| 2016 | $84K | $71K | $43K | $2K | — | View 990 |
| 2015 | $76K | $65K | $34K | $6K | — | View 990 |
| 2014 | $61K | $67K | $18K | $2K | — | View 990 |
| 2013 | $44K | $44K | $23K | $558 | — | View 990 |
| 2012 | $52K | $52K | $23K | $406 | — | View 990 |
| 2011 | $57K | $62K | $23K | $354 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $187K, expenses of $139K, and assets of $248K (revenue -4.8% year-over-year).
- 2022: Revenue of $197K, expenses of $168K, and assets of $198K (revenue +27.6% year-over-year).
- 2021: Revenue of $154K, expenses of $144K, and assets of $170K (revenue -4.0% year-over-year).
- 2020: Revenue of $161K, expenses of $132K, and assets of $162K (revenue +29.0% year-over-year).
- 2019: Revenue of $124K, expenses of $138K, and assets of $136K (revenue -12.7% year-over-year).
- 2018: Revenue of $143K, expenses of $133K, and assets of $145K (revenue +69.8% year-over-year).
- 2016: Revenue of $84K, expenses of $71K, and assets of $43K (revenue +10.2% year-over-year).
- 2015: Revenue of $76K, expenses of $65K, and assets of $34K (revenue +25.2% year-over-year).
- 2014: Revenue of $61K, expenses of $67K, and assets of $18K (revenue +38.5% year-over-year).
- 2013: Revenue of $44K, expenses of $44K, and assets of $23K (revenue -15.7% year-over-year).
- 2012: Revenue of $52K, expenses of $52K, and assets of $23K (revenue -9.2% year-over-year).
- 2011: Revenue of $57K, expenses of $62K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kindred Souls Foundation:
Data Sources and Methodology
This transparency report for Kindred Souls Foundation 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.