Kings Daughters Hospital Foundation Incorporated

Kings Daughters Hospital Foundation faces persistent operating deficits and declining assets.

EIN: 202148950 · Madison, IN · NTEE: E112 · Updated: 2026-03-28

$258KRevenue
$219KGross Revenue
$837KAssets
55/100Mission Score (Fair)
E112

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Kings Daughters Hospital Foundation Incorporated Financial Summary
MetricValue
Total Revenue$258K
Total Expenses$361K
Program Spending80%
Net Assets$831K
Transparency Score55/100

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Kings Daughters Hospital Foundation Incorporated Form 990, Revenue, CEO Pay, and IRS Filing Signals

Kings Daughters Hospital Foundation Incorporated is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Kings Daughters Hospital Foundation Incorporated in one place.

Form 990 Filing Summary

11 filing years are available, with latest revenue of $219K and expenses of $361K.

Revenue and Expenses

Kings Daughters Hospital Foundation Incorporated reported $219K in revenue and $361K in expenses, a deficit of $142K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

55/100 mission score, 3 red flags, and 2 strengths are shown from structured and AI review.

Is Kings Daughters Hospital Foundation Incorporated Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
ModerateTransparency
3 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
80%Program Expense
$0Grants Paid
11Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Kings Daughters Hospital Foundation Incorporated Expense Deployment
Program services$289K (80%)

Across stored filings, Kings Daughters Hospital Foundation Incorporated shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Decision LensSignalWhat to Inspect Next
LegitimacySome ConcernsGood filing record; 3 red flags identified
Mission spend80% to programsExcellent
Financial durabilityGrade B11 stored filing years
Peer contextCompare with Sigma Kappa SororityIndiana and Health context

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Kings Daughters Hospital Foundation Incorporated directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Kings Daughters Hospital Foundation Incorporated

Kings Daughters Hospital Foundation Incorporated (EIN: 202148950) is a nonprofit organization based in Madison, IN, classified under NTEE code E112. The organization reported total revenue of $258K and total assets of $837K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kings Daughters Hospital Foundation Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
11Years of Filings
MixedRevenue Trajectory

Kings Daughters Hospital Foundation Incorporated is a small nonprofit that has been operating for 21 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -9.3%.

Key Financial Metrics (2021)

From the most recent IRS 990 filing on record:

Total Revenue$219K
Total Expenses$361K
Surplus / Deficit$-141,783
Total Assets$837K
Total Liabilities$5K
Net Assets$831K
Operating Margin-64.7%
Debt-to-Asset Ratio0.6%
Months of Reserves27.8 months

Financial Health Grade: B

In 2021, Kings Daughters Hospital Foundation Incorporated reported a deficit of $142K with expenses exceeding revenue, holds 27.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.6% (very low leverage).

Financial Trends

Over 11 years of filings (2011–2021), Kings Daughters Hospital Foundation Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -9.3%.

YearRevenue ChangeExpense ChangeAsset Change
2021-27.4%-27.7%-18.6%
2020+27.9%+15.7%-15.3%
2019-8.1%+9.2%-10.4%
2018+21.8%+215.1%-11.3%
2017+16.1%-72.9%+7.1%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2005

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Kings Daughters Hospital Foundation Incorporated exhibits a concerning trend of declining assets and consistent operating deficits over the past several years. In 2021, the organization reported $219,208 in revenue against $360,991 in expenses, resulting in a deficit of $141,783. This continues a pattern seen in most recent years, where expenses frequently outpace revenue, leading to a significant reduction in assets from a peak of over $2 million in 2014 to $836,565 in 2021. While the organization reports 0% officer compensation, which is a positive for resource allocation, the overall financial sustainability is questionable given the persistent negative operating margins. The NTEE code E112 suggests a focus on general hospitals, which aligns with a foundation supporting a hospital, but the financial trends indicate a need for strategic review of fundraising and expenditure management to ensure long-term viability and impact.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kings Daughters Hospital Foundation Incorporated with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Kings Daughters Hospital Foundation Incorporated allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2021)

From the most recent IRS 990 filing on record:

$219KTotal Revenue
$361KTotal Expenses
$837KTotal Assets
$5KTotal Liabilities
$831KNet Assets
  • The organization reported a deficit of $142K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.6%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the foundation, which is a strong positive for resource allocation to its mission.

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 Kings Daughters Hospital Foundation Incorporated's IRS 990 filings:

  • Consistent operating deficits: Expenses frequently exceed revenue, as seen in 2021 ($360,991 expenses vs. $219,208 revenue).
  • Significant decline in assets: Assets have decreased by over 50% from $2,029,551 in 2014 to $836,565 in 2021.
  • Unexplained revenue volatility: A large revenue spike in 2014 ($1,519,444) followed by a return to much lower levels suggests potential reliance on infrequent large contributions or an unusual event.

Strengths

The following positive indicators were identified for Kings Daughters Hospital Foundation Incorporated:

  • Zero officer compensation: No salaries are paid to officers, maximizing funds for programs.
  • Low liabilities: Liabilities are generally very low, indicating good financial control over debt.

Frequently Asked Questions about Kings Daughters Hospital Foundation Incorporated

Is Kings Daughters Hospital Foundation Incorporated a legitimate charity?

Kings Daughters Hospital Foundation Incorporated (EIN: 202148950) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 55/100. It has 11 years of IRS 990 filings on record. Total revenue: $258K. 3 red flags identified. 2 strengths noted. Financial health grade: B.

How does Kings Daughters Hospital Foundation Incorporated spend its money?

Kings Daughters Hospital Foundation Incorporated directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Kings Daughters Hospital Foundation Incorporated tax-deductible?

Kings Daughters Hospital Foundation Incorporated is registered as a tax-exempt nonprofit (EIN: 202148950). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Kings Daughters Hospital Foundation Incorporated's spending goes to programs?

Kings Daughters Hospital Foundation Incorporated directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Kings Daughters Hospital Foundation Incorporated compare to similar nonprofits?

With a transparency score of 55/100 (Fair), Kings Daughters Hospital Foundation Incorporated is near average for NTEE category E112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Kings Daughters Hospital Foundation Incorporated located?

Kings Daughters Hospital Foundation Incorporated is headquartered in Madison, Indiana and files with the IRS under EIN 202148950. It is classified under NTEE code E112.

How many years of IRS 990 filings does Kings Daughters Hospital Foundation Incorporated have?

Kings Daughters Hospital Foundation Incorporated has 11 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 $258K in total revenue.

Is Kings Daughters Hospital Foundation Incorporated financially sustainable?

The foundation's financial sustainability is questionable given that expenses have consistently exceeded revenue in most recent years, leading to a significant decline in assets from $2,029,551 in 2014 to $836,565 in 2021.

What is the trend in the organization's assets?

The organization's assets have been in a consistent decline, falling from a high of $2,029,551 in 2014 to $836,565 in 2021, indicating a depletion of reserves.

How does officer compensation compare to other nonprofits?

Officer compensation is reported as 0% in all available filings, which is exceptionally low and suggests a volunteer-led or very lean administrative structure, a positive for donor confidence.

What caused the significant revenue spike in 2014?

In 2014, the organization reported an unusually high revenue of $1,519,444 compared to an average of around $200,000-$300,000 in other years. This spike warrants further investigation to understand if it was a one-time donation, a capital campaign, or an anomaly.

Are the liabilities a concern?

Liabilities have generally remained low, ranging from $250 to $14,475 in most years, with an exception in 2013 at $1,003,011. The current low liabilities of $5,176 in 2021 are not a significant concern relative to assets.

Filing History

IRS 990 filing history for Kings Daughters Hospital Foundation Incorporated showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2011–2021), Kings Daughters Hospital Foundation Incorporated's revenue has declined by 62.5%, moving from $584K to $219K. Total assets decreased by 36.8% over the same period, from $1.3M to $837K. Total functional expenses rose by 701%, from $45K to $361K. In its most recent filing year (2021), Kings Daughters Hospital Foundation Incorporated reported a deficit of $142K, with expenses exceeding revenue. The organization holds $5K in liabilities against $837K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $831K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2021 $219K $361K $837K $5K View 990
2020 $302K $499K $1.0M $10K View 990
2019 $236K $431K $1.2M $7K View 990
2018 $257K $395K $1.4M $5K View 990
2017 $211K $125K $1.5M $7K View 990
2016 $182K $462K $1.4M $7K View 990
2015 $292K $614K $1.7M $3K View 990
2014 $1.5M $189K $2.0M $14K View 990
2013 $352K $1.2M $1.7M $1.0M View 990
2012 $189K $37K $1.5M $250 View 990
2011 $584K $45K $1.3M $0 View 990

Year-by-Year Financial Summary

  • 2021: Revenue of $219K, expenses of $361K, and assets of $837K (revenue -27.4% year-over-year).
  • 2020: Revenue of $302K, expenses of $499K, and assets of $1.0M (revenue +27.9% year-over-year).
  • 2019: Revenue of $236K, expenses of $431K, and assets of $1.2M (revenue -8.1% year-over-year).
  • 2018: Revenue of $257K, expenses of $395K, and assets of $1.4M (revenue +21.8% year-over-year).
  • 2017: Revenue of $211K, expenses of $125K, and assets of $1.5M (revenue +16.1% year-over-year).
  • 2016: Revenue of $182K, expenses of $462K, and assets of $1.4M (revenue -37.8% year-over-year).
  • 2015: Revenue of $292K, expenses of $614K, and assets of $1.7M (revenue -80.8% year-over-year).
  • 2014: Revenue of $1.5M, expenses of $189K, and assets of $2.0M (revenue +331.2% year-over-year).
  • 2013: Revenue of $352K, expenses of $1.2M, and assets of $1.7M (revenue +86.6% year-over-year).
  • 2012: Revenue of $189K, expenses of $37K, and assets of $1.5M (revenue -67.7% year-over-year).
  • 2011: Revenue of $584K, expenses of $45K, and assets of $1.3M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Kings Daughters Hospital Foundation Incorporated:

2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Kings Daughters Hospital Foundation Incorporated 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.

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