King Family Foundation
King Family Foundation consistently grows assets with minimal liabilities and zero reported officer compensation.
EIN: 208636039 · San Antonio, TX · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $515K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.2M |
| Transparency Score | 92/100 |
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 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About King Family Foundation
King Family Foundation (EIN: 208636039) is a nonprofit organization based in San Antonio, TX, classified under NTEE code T22. The organization reported total revenue of $1.8M and total assets of $3.7M 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 mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $963K |
| Total Expenses | $515K |
| Surplus / Deficit | +$448K |
| Total Assets | $3.2M |
| Total Liabilities | $1 |
| Net Assets | $3.2M |
| Operating Margin | 46.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 75.6 months |
Financial Health Grade: A
In 2023, King Family Foundation reported a surplus of $448K with revenue exceeding expenses, holds 75.6 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), King Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +51.3% | +7.4% |
| 2022 | -44.7% | +5.6% | -36.4% |
| 2021 | +10.6% | +9.7% | +19.5% |
| 2020 | +21.9% | +33.6% | +18.4% |
| 2019 | +729.3% | +62.6% | +48.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, King Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $448K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The King Family Foundation reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly unusual for an organization of its size with assets exceeding $3 million.
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:
- Zero reported officer compensation for an organization with over $3 million in assets could indicate compensation is structured in a non-transparent way or that the organization is entirely volunteer-run at the executive level, which is uncommon for its size.
Strengths
The following positive indicators were identified for King Family Foundation:
- Strong and consistent asset growth, reaching $3,244,724 in 2023.
- Extremely low liabilities, consistently reported as $1, indicating excellent financial stability.
- High spending efficiency with expenses significantly lower than revenue, allowing for asset accumulation.
- Zero reported officer compensation, suggesting a highly lean operational structure and potentially volunteer leadership.
- Consistent and transparent filing history with 10 years of IRS 990 data available.
Frequently Asked Questions about King Family Foundation
Is King Family Foundation a legitimate charity?
King Family Foundation (EIN: 208636039) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 92/100. It has 10 years of IRS 990 filings on record. Total revenue: $1.8M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does King Family Foundation spend its money?
King Family Foundation directs 90% of its spending to programs and services. 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: 208636039). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the King Family Foundation CEO make?
King Family Foundation's highest-compensated officer earns $3 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does King Family Foundation compare to similar nonprofits?
With a transparency score of 92/100 (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 San Antonio, Texas and files with the IRS under EIN 208636039. It is classified under NTEE code T22.
How many years of IRS 990 filings does King Family Foundation have?
King Family Foundation 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 $1.8M in total revenue.
Is the King Family Foundation a good charity?
Based on its financial data, the King Family Foundation appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, minimal liabilities, and a remarkable commitment to efficiency with zero reported officer compensation. This suggests a high proportion of funds are available for its mission.
How does the King Family Foundation manage its expenses?
The King Family Foundation manages its expenses very efficiently. For instance, in 2023, expenses were $514,800 against revenues of $962,673, indicating that a significant portion of revenue is retained or directed towards its mission rather than administrative overhead or fundraising, especially given the zero reported officer compensation.
What is the King Family Foundation's financial stability?
The King Family Foundation exhibits excellent financial stability. It has consistently grown its assets, reaching $3,244,724 in 2023, and maintains minimal liabilities, consistently reported as $1 across recent filings. This strong asset base and low debt indicate a very secure financial position.
Does the King Family Foundation pay its executives?
According to its IRS 990 filings, the King Family Foundation reports 0% officer compensation for all available periods. This suggests that its executives are either unpaid volunteers or compensated through mechanisms not categorized as officer compensation on the 990 form.
Filing History
IRS 990 filing history for King Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), King Family Foundation's revenue has grown by 379.4%, moving from $201K to $963K. Total assets increased by 70.5% over the same period, from $1.9M to $3.2M. Total functional expenses rose by 419.9%, from $99K to $515K. In its most recent filing year (2023), King Family Foundation reported a surplus of $448K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $963K | $515K | $3.2M | $1 | — | — |
| 2022 | $887K | $340K | $3.0M | $1 | — | View 990 |
| 2021 | $1.6M | $322K | $4.8M | $1 | — | View 990 |
| 2020 | $1.5M | $294K | $4.0M | $1 | — | View 990 |
| 2019 | $1.2M | $220K | $3.4M | $1 | — | View 990 |
| 2015 | $143K | $135K | $2.3M | $1 | — | View 990 |
| 2014 | $231K | $125K | $2.2M | $1 | — | View 990 |
| 2013 | $82K | $128K | $2.1M | $1 | — | View 990 |
| 2012 | $339K | $114K | $2.1M | $1 | — | View 990 |
| 2011 | $201K | $99K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $963K, expenses of $515K, and assets of $3.2M (revenue +8.5% year-over-year).
- 2022: Revenue of $887K, expenses of $340K, and assets of $3.0M (revenue -44.7% year-over-year).
- 2021: Revenue of $1.6M, expenses of $322K, and assets of $4.8M (revenue +10.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $294K, and assets of $4.0M (revenue +21.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $220K, and assets of $3.4M (revenue +729.3% year-over-year).
- 2015: Revenue of $143K, expenses of $135K, and assets of $2.3M (revenue -37.9% year-over-year).
- 2014: Revenue of $231K, expenses of $125K, and assets of $2.2M (revenue +183.2% year-over-year).
- 2013: Revenue of $82K, expenses of $128K, and assets of $2.1M (revenue -75.9% year-over-year).
- 2012: Revenue of $339K, expenses of $114K, and assets of $2.1M (revenue +68.8% year-over-year).
- 2011: Revenue of $201K, expenses of $99K, and assets of $1.9M.
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.