King Ranch Foundation Inc
King Ranch Foundation consistently spends more than it earns, drawing down assets, but maintains zero officer compensation.
EIN: 200158699 · Box Elder, SD · NTEE: T22 · Updated: 2026-03-28
Is King Ranch Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
King Ranch Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About King Ranch Foundation Inc
King Ranch Foundation Inc (EIN: 200158699) is a nonprofit organization based in Box Elder, SD, classified under NTEE code T22. The organization reported total revenue of $49K and total assets of $462K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of King Ranch Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates King Ranch Foundation Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 80%
- fundraising: 0%
According to IRS 990 filings, King Ranch Foundation Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is a highly efficient use of funds for an organization of its size with assets around $460,000.
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 Ranch Foundation Inc's IRS 990 filings:
- Consistent deficit spending (expenses exceeding revenue) in recent years (e.g., 2023, 2022, 2020, 2019).
- Gradual decline in assets over the past decade (from $541,144 in 2014 to $469,459 in 2023).
Strengths
The following positive indicators were identified for King Ranch Foundation Inc:
- Zero officer compensation reported across all filings, indicating highly efficient use of funds for leadership.
- Low liabilities ($0-$1) consistently reported, suggesting sound financial management of debt.
- Long history of IRS 990 filings (10 filings), indicating good transparency over time.
Frequently Asked Questions about King Ranch Foundation Inc
Is King Ranch Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, King Ranch Foundation Inc (EIN: 200158699) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does King Ranch Foundation Inc spend its money?
King Ranch Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to King Ranch Foundation Inc tax-deductible?
King Ranch Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200158699). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does King Ranch Foundation Inc. cover its consistent operating deficits?
The organization appears to cover its operating deficits by drawing down its assets, as evidenced by expenses exceeding revenue in multiple recent years (e.g., 2023, 2022) while assets have slightly decreased over the long term (from $541,144 in 2014 to $469,459 in 2023).
What are the specific program activities of King Ranch Foundation Inc.?
Based solely on the provided IRS 990 data, specific program activities are not detailed. The NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests it may be a grant-making entity, but further details would require reviewing the full 990 forms.
Is the organization's asset base sustainable given its spending patterns?
While the organization has a substantial asset base of $461,824, consistent deficit spending (e.g., $29,295 expenses vs. $19,962 revenue in 2023) is not sustainable long-term without new significant revenue streams or reduced expenses, as it leads to a gradual depletion of assets.
Filing History
IRS 990 filing history for King Ranch Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), King Ranch Foundation Inc's revenue has declined by 56.3%, moving from $46K to $20K. Total assets increased by 2.7% over the same period, from $457K to $469K. Total functional expenses rose by 5.3%, from $28K to $29K. In its most recent filing year (2023), King Ranch Foundation Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1 in liabilities against $469K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $469K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $29K | $469K | $1 | — | — |
| 2022 | $15K | $32K | $479K | $1 | — | View 990 |
| 2021 | $33K | $32K | $496K | $1 | — | — |
| 2020 | $25K | $29K | $495K | $1 | — | — |
| 2019 | $12K | $30K | $499K | $1 | — | View 990 |
| 2015 | $30K | $32K | $530K | $0 | — | View 990 |
| 2014 | $80K | $36K | $541K | $0 | — | View 990 |
| 2013 | $61K | $29K | $497K | $0 | — | View 990 |
| 2012 | $37K | $29K | $466K | $0 | — | View 990 |
| 2011 | $46K | $28K | $457K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $29K, and assets of $469K (revenue +30.4% year-over-year).
- 2022: Revenue of $15K, expenses of $32K, and assets of $479K (revenue -53.2% year-over-year).
- 2021: Revenue of $33K, expenses of $32K, and assets of $496K (revenue +29.1% year-over-year).
- 2020: Revenue of $25K, expenses of $29K, and assets of $495K (revenue +119.8% year-over-year).
- 2019: Revenue of $12K, expenses of $30K, and assets of $499K (revenue -61.3% year-over-year).
- 2015: Revenue of $30K, expenses of $32K, and assets of $530K (revenue -62.5% year-over-year).
- 2014: Revenue of $80K, expenses of $36K, and assets of $541K (revenue +31.2% year-over-year).
- 2013: Revenue of $61K, expenses of $29K, and assets of $497K (revenue +63.2% year-over-year).
- 2012: Revenue of $37K, expenses of $29K, and assets of $466K (revenue -18.6% year-over-year).
- 2011: Revenue of $46K, expenses of $28K, and assets of $457K.
Data Sources and Methodology
This transparency report for King Ranch 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.