Kingsborough Education Foundationinc
Kingsborough Education Foundation Inc. shows consistent growth and no officer compensation.
EIN: 205658970 · Dallas, TX · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $2.0M |
| Transparency Score | 95/100 |
Is Kingsborough Education Foundationinc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kingsborough Education Foundationinc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kingsborough Education Foundationinc
Kingsborough Education Foundationinc (EIN: 205658970) is a nonprofit organization based in Dallas, TX, classified under NTEE code T30. The organization reported total revenue of $1.1M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingsborough Education Foundationinc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingsborough Education Foundationinc is a mid-size nonprofit that has been operating for 17 years, with 7 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 26.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$83K |
| Total Assets | $2.0M |
| Net Assets | $2.0M |
| Operating Margin | 7.1% |
| Months of Reserves | 22.8 months |
Financial Health Grade: A
In 2022, Kingsborough Education Foundationinc reported a surplus of $83K with revenue exceeding expenses, holds 22.8 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2011–2022), Kingsborough Education Foundationinc's revenue has grown at a compound annual growth rate (CAGR) of 26.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +128.8% | +533.2% | +108.8% |
| 2017 | +164.2% | +36.7% | +57.8% |
| 2015 | +81.8% | +94.6% | +10.1% |
| 2014 | -12.8% | -46.0% | +8.3% |
| 2013 | +25.1% | +333.2% | +2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Kingsborough Education Foundationinc with a Mission Score of 95 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, Kingsborough Education Foundationinc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $83K, with revenue exceeding expenses.
Executive Compensation Analysis
Kingsborough Education Foundation Inc. reported 0% officer compensation across all available filings, indicating that no salaries were paid to executives, which is highly commendable for a nonprofit of its size with over $1 million in annual revenue.
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.
Strengths
The following positive indicators were identified for Kingsborough Education Foundationinc:
- Consistent revenue growth, from $84,903 in 2011 to $1,158,076 in 2022.
- Strong asset accumulation, reaching $2,045,594 in 2022 from $439,718 in 2011.
- Zero reported officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
- Zero liabilities reported in most recent filings (2022, 2017, 2015, 2012, 2011), demonstrating excellent financial health.
- Healthy operational surplus in the latest period, with revenue of $1,158,076 exceeding expenses of $1,075,503.
Frequently Asked Questions about Kingsborough Education Foundationinc
Is Kingsborough Education Foundationinc a legitimate charity?
Kingsborough Education Foundationinc (EIN: 205658970) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 95/100. It has 7 years of IRS 990 filings on record. Total revenue: $1.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Kingsborough Education Foundationinc spend its money?
Kingsborough Education Foundationinc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kingsborough Education Foundationinc tax-deductible?
Kingsborough Education Foundationinc is registered as a tax-exempt nonprofit (EIN: 205658970). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kingsborough Education Foundationinc CEO make?
Kingsborough Education Foundationinc's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kingsborough Education Foundationinc's spending goes to programs?
Kingsborough Education Foundationinc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kingsborough Education Foundationinc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Kingsborough Education Foundationinc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kingsborough Education Foundationinc located?
Kingsborough Education Foundationinc is headquartered in Dallas, Texas and files with the IRS under EIN 205658970. It is classified under NTEE code T30.
How many years of IRS 990 filings does Kingsborough Education Foundationinc have?
Kingsborough Education Foundationinc has 7 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 $1.1M in total revenue.
Is Kingsborough Education Foundation Inc. a good charity?
Based on its financial data, Kingsborough Education Foundation Inc. appears to be a very good charity. It demonstrates strong financial health, consistent growth, and a notable commitment to directing funds towards its mission by reporting 0% officer compensation.
How has Kingsborough Education Foundation Inc.'s revenue grown over time?
The organization's revenue has grown significantly, from $84,903 in 2011 to $1,158,076 in 2022, indicating substantial growth and increased capacity.
What is the organization's asset growth trend?
Kingsborough Education Foundation Inc. has shown consistent asset growth, increasing from $439,718 in 2011 to $2,045,594 in 2022, reflecting strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for Kingsborough Education Foundationinc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2022), Kingsborough Education Foundationinc's revenue has grown by 1264%, moving from $85K to $1.2M. Total assets increased by 365.2% over the same period, from $440K to $2.0M. Total functional expenses rose by 1221.3%, from $81K to $1.1M. In its most recent filing year (2022), Kingsborough Education Foundationinc reported a surplus of $83K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.2M | $1.1M | $2.0M | $0 | — | — |
| 2017 | $506K | $170K | $980K | $0 | — | View 990 |
| 2015 | $192K | $124K | $621K | $0 | — | View 990 |
| 2014 | $105K | $64K | $564K | $10K | — | View 990 |
| 2013 | $121K | $118K | $521K | $9K | — | View 990 |
| 2012 | $97K | $27K | $509K | $0 | — | View 990 |
| 2011 | $85K | $81K | $440K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $2.0M (revenue +128.8% year-over-year).
- 2017: Revenue of $506K, expenses of $170K, and assets of $980K (revenue +164.2% year-over-year).
- 2015: Revenue of $192K, expenses of $124K, and assets of $621K (revenue +81.8% year-over-year).
- 2014: Revenue of $105K, expenses of $64K, and assets of $564K (revenue -12.8% year-over-year).
- 2013: Revenue of $121K, expenses of $118K, and assets of $521K (revenue +25.1% year-over-year).
- 2012: Revenue of $97K, expenses of $27K, and assets of $509K (revenue +13.9% year-over-year).
- 2011: Revenue of $85K, expenses of $81K, and assets of $440K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingsborough Education Foundationinc:
Data Sources and Methodology
This transparency report for Kingsborough Education Foundationinc 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.