King Family Foundation
King Family Foundation experienced a revenue decline and net loss in 2019, but maintains a solid asset base.
EIN: 200197120 · Chandler, AZ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $10K |
| Total Expenses | $17K |
| Program Spending | 85% |
| Net Assets | $79K |
| Transparency Score | 80/100 |
Is King Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
King Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About King Family Foundation
King Family Foundation (EIN: 200197120) is a nonprofit organization based in Chandler, AZ, classified under NTEE code T22. The organization reported total revenue of $10K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of King Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
King Family Foundation is a micro nonprofit that has been operating for 22 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -7.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $10K |
| Total Expenses | $17K |
| Surplus / Deficit | $-7,589 |
| Total Assets | $79K |
| Total Liabilities | $1 |
| Net Assets | $79K |
| Operating Margin | -78.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 55.0 months |
Financial Health Grade: B
In 2019, King Family Foundation reported a deficit of $8K with expenses exceeding revenue, holds 55.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2019), King Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -75.4% | -47.9% | +26.8% |
| 2015 | +18.4% | +33.5% | +11.2% |
| 2014 | +16.1% | +19.0% | +17.8% |
| 2013 | +42.5% | +3.4% | +19.6% |
| 2012 | +14.9% | -5.1% | -0.1% |
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 King Family Foundation with a Mission Score of 80 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, King Family Foundation 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is a positive for a small foundation of this size, maximizing funds for its charitable purpose.
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 King Family Foundation's IRS 990 filings:
- Significant decline in revenue from $39,410 in 2015 to $9,681 in 2019
- Expenses ($17,270) exceeded revenue ($9,681) in 2019, resulting in a net operating loss for that period
Strengths
The following positive indicators were identified for King Family Foundation:
- Consistent 0% officer compensation across all reported periods, indicating efficient use of funds
- Healthy asset base ($79,170 in 2019) significantly exceeds annual expenses, providing financial stability
- Minimal liabilities reported across all filings, demonstrating strong financial management and low debt
- Consistent IRS 990 filing history over six periods, indicating good transparency
Frequently Asked Questions about King Family Foundation
Is King Family Foundation a legitimate charity?
King Family Foundation (EIN: 200197120) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 80/100. It has 6 years of IRS 990 filings on record. Total revenue: $10K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does King Family Foundation spend its money?
King Family Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to King Family Foundation tax-deductible?
King Family Foundation is registered as a tax-exempt nonprofit (EIN: 200197120). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of King Family Foundation's spending goes to programs?
King Family Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does King Family Foundation compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), King Family Foundation 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 King Family Foundation located?
King Family Foundation is headquartered in Chandler, Arizona and files with the IRS under EIN 200197120. It is classified under NTEE code T22.
How many years of IRS 990 filings does King Family Foundation have?
King Family Foundation 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. The most recent filing shows $10K in total revenue.
Is King Family Foundation a good charity?
Based on the available data, the King Family Foundation demonstrates good financial stewardship with 0% officer compensation and a healthy asset-to-expense ratio. While its 2019 revenue declined, its consistent filing and low liabilities are positive indicators.
What caused the revenue decline in 2019?
The provided data does not specify the exact reasons for the revenue decline from $39,410 in 2015 to $9,681 in 2019. This would require reviewing the detailed Form 990 filings for specific income sources.
How does the foundation manage its assets?
The foundation has consistently grown its assets from $39,926 in 2011 to $79,170 in 2019, while maintaining minimal liabilities. This suggests prudent management and investment of its endowment, though specific investment strategies are not detailed in this summary.
Filing History
IRS 990 filing history for King Family Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), King Family Foundation's revenue has declined by 44.7%, moving from $18K to $10K. Total assets increased by 98.3% over the same period, from $40K to $79K. Total functional expenses fell by 18.7%, from $21K to $17K. In its most recent filing year (2019), King Family Foundation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $79K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $79K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $10K | $17K | $79K | $1 | — | View 990 |
| 2015 | $39K | $33K | $62K | $1 | — | View 990 |
| 2014 | $33K | $25K | $56K | $1 | — | View 990 |
| 2013 | $29K | $21K | $48K | $0 | — | View 990 |
| 2012 | $20K | $20K | $40K | $0 | — | View 990 |
| 2011 | $18K | $21K | $40K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $10K, expenses of $17K, and assets of $79K (revenue -75.4% year-over-year).
- 2015: Revenue of $39K, expenses of $33K, and assets of $62K (revenue +18.4% year-over-year).
- 2014: Revenue of $33K, expenses of $25K, and assets of $56K (revenue +16.1% year-over-year).
- 2013: Revenue of $29K, expenses of $21K, and assets of $48K (revenue +42.5% year-over-year).
- 2012: Revenue of $20K, expenses of $20K, and assets of $40K (revenue +14.9% year-over-year).
- 2011: Revenue of $18K, expenses of $21K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for King Family Foundation:
Data Sources and Methodology
This transparency report for King Family 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.