Kingsberg Foundation
Kingsberg Foundation maintains substantial assets despite highly volatile revenue and reports no officer compensation.
EIN: 136151289 · Princeton, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $1.1M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $27 |
| Net Assets | $27.3M |
| Transparency Score | 75/100 |
Is Kingsberg Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kingsberg Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Kingsberg Foundation
Kingsberg Foundation (EIN: 136151289) is a nonprofit organization based in Princeton, NJ. The organization reported total revenue of $5.3M and total assets of $27.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingsberg Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingsberg Foundation is a mid-size nonprofit that has been operating for 71 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -874.0% | -17.0% | -7.4% |
| 2022 | -98.9% | -4.9% | -3.8% |
| 2021 | -23.5% | +180.9% | +53.6% |
| 2020 | +6569.8% | +6.1% | +329.7% |
| 2019 | -53.0% | +33.2% | +0.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1955 |
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 Kingsberg Foundation 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: 70%
- fundraising: 10%
According to IRS 990 filings, Kingsberg Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization, which is highly unusual for an organization with assets exceeding $27 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 Kingsberg Foundation's IRS 990 filings:
- Highly volatile revenue streams, including negative revenue in 2023, which could indicate unsustainable funding models or significant investment losses.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data limits full financial transparency assessment.
- Unusually low liabilities ($1 across multiple years) for an organization of its asset size, which might warrant further investigation into financial reporting practices.
Strengths
The following positive indicators were identified for Kingsberg Foundation:
- Substantial and growing asset base, reaching $27,841,772, providing significant financial stability.
- Extremely low liabilities, indicating a very strong balance sheet and minimal debt burden.
- Zero reported officer compensation, suggesting a highly efficient or volunteer-driven executive leadership structure.
Frequently Asked Questions about Kingsberg Foundation
Is Kingsberg Foundation a legitimate charity?
Kingsberg Foundation (EIN: 136151289) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.3M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Kingsberg Foundation spend its money?
Kingsberg Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Kingsberg Foundation tax-deductible?
Kingsberg Foundation is registered as a tax-exempt nonprofit (EIN: 136151289). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kingsberg Foundation CEO make?
Kingsberg Foundation's highest-compensated officer earns $27 annually. The organization reported $5.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kingsberg Foundation's spending goes to programs?
Kingsberg Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Kingsberg Foundation located?
Kingsberg Foundation is headquartered in Princeton, New Jersey and files with the IRS under EIN 136151289.
How many years of IRS 990 filings does Kingsberg Foundation have?
Kingsberg 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 $5.3M in total revenue.
What is the primary source of the Kingsberg Foundation's highly volatile revenue?
The provided data does not specify revenue sources, but the extreme fluctuations (e.g., $-1,073,078 in 2023 vs. $15,782,104 in 2020) suggest reliance on a few large, infrequent donations, investment gains/losses, or specific project-based funding.
How does the Kingsberg Foundation manage to operate with no reported officer compensation?
The consistent reporting of 0% officer compensation implies that the foundation is either entirely volunteer-run at the executive level, or executive services are provided by an affiliated entity or individual without direct compensation from the foundation itself.
What is the Kingsberg Foundation's primary program focus given its financial structure?
Without NTEE code or program expense details, the specific mission is unclear. However, the substantial assets and low liabilities suggest a grant-making or endowment-focused foundation rather than a direct service provider.
Filing History
IRS 990 filing history for Kingsberg Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kingsberg Foundation's revenue has declined by 436.2%, moving from $319K to $-1,073,078. Total assets increased by 617.3% over the same period, from $3.8M to $27.3M. Total functional expenses rose by 313.9%, from $264K to $1.1M. The organization holds $1 in liabilities against $27.3M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $27.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-1,073,078 | $1.1M | $27.3M | $1 | — | View 990 |
| 2022 | $139K | $1.3M | $29.5M | $1 | — | View 990 |
| 2021 | $12.1M | $1.4M | $30.6M | $1 | — | View 990 |
| 2020 | $15.8M | $492K | $19.9M | $1 | — | — |
| 2019 | $237K | $464K | $4.6M | $1 | — | View 990 |
| 2015 | $504K | $348K | $4.6M | $1 | — | View 990 |
| 2014 | $518K | $293K | $4.5M | $1 | — | View 990 |
| 2013 | $377K | $352K | $4.3M | $0 | — | View 990 |
| 2012 | $713K | $289K | $4.2M | $0 | — | View 990 |
| 2011 | $319K | $264K | $3.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-1,073,078, expenses of $1.1M, and assets of $27.3M (revenue -874.0% year-over-year).
- 2022: Revenue of $139K, expenses of $1.3M, and assets of $29.5M (revenue -98.9% year-over-year).
- 2021: Revenue of $12.1M, expenses of $1.4M, and assets of $30.6M (revenue -23.5% year-over-year).
- 2020: Revenue of $15.8M, expenses of $492K, and assets of $19.9M (revenue +6569.8% year-over-year).
- 2019: Revenue of $237K, expenses of $464K, and assets of $4.6M (revenue -53.0% year-over-year).
- 2015: Revenue of $504K, expenses of $348K, and assets of $4.6M (revenue -2.7% year-over-year).
- 2014: Revenue of $518K, expenses of $293K, and assets of $4.5M (revenue +37.2% year-over-year).
- 2013: Revenue of $377K, expenses of $352K, and assets of $4.3M (revenue -47.1% year-over-year).
- 2012: Revenue of $713K, expenses of $289K, and assets of $4.2M (revenue +123.4% year-over-year).
- 2011: Revenue of $319K, expenses of $264K, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingsberg Foundation:
Data Sources and Methodology
This transparency report for Kingsberg 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.