Kingsway Education Foundation Inc
EIN: 311686024 · Woolwich Twp, NJ · NTEE: B82
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $173K |
| Net Assets | $332K |
Is Kingsway Education Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kingsway Education Foundation Inc
Kingsway Education Foundation Inc (EIN: 311686024) is a nonprofit organization based in Woolwich Twp, NJ, classified under NTEE code B82. The organization reported total revenue of $213K and total assets of $366K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kingsway Education Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kingsway Education Foundation Inc is a small nonprofit that has been operating for 26 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $173K |
| Surplus / Deficit | +$8K |
| Total Assets | $332K |
| Net Assets | $332K |
| Operating Margin | 4.6% |
| Months of Reserves | 23.1 months |
Financial Health Grade: A
In 2023, Kingsway Education Foundation Inc reported a surplus of $8K with revenue exceeding expenses, holds 23.1 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2015–2023), Kingsway Education Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.8% | +30.8% | +14.1% |
| 2022 | +147.0% | +176.3% | +29.3% |
| 2021 | -25.2% | -56.4% | +23.2% |
| 2020 | -24.0% | -26.9% | +6.4% |
| 2019 | +2.6% | +4.2% | +5.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kingsway Education Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kingsway Education Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
Frequently Asked Questions about Kingsway Education Foundation Inc
Is Kingsway Education Foundation Inc a legitimate charity?
Kingsway Education Foundation Inc (EIN: 311686024) is a registered tax-exempt nonprofit based in New Jersey. It has 9 years of IRS 990 filings on record. Total revenue: $213K. No red flags identified. Financial health grade: A.
How does Kingsway Education Foundation Inc spend its money?
Kingsway Education Foundation Inc reported $213K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kingsway Education Foundation Inc tax-deductible?
Kingsway Education Foundation Inc is registered as a tax-exempt nonprofit (EIN: 311686024). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kingsway Education Foundation Inc located?
Kingsway Education Foundation Inc is headquartered in Woolwich Twp, New Jersey and files with the IRS under EIN 311686024. It is classified under NTEE code B82.
How many years of IRS 990 filings does Kingsway Education Foundation Inc have?
Kingsway Education Foundation Inc has 9 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 $213K in total revenue.
Filing History
IRS 990 filing history for Kingsway Education Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Kingsway Education Foundation Inc's revenue has grown by 32.8%, moving from $136K to $181K. Total assets increased by 193.7% over the same period, from $113K to $332K. Total functional expenses rose by 93.2%, from $89K to $173K. In its most recent filing year (2023), Kingsway Education Foundation Inc reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $173K | $332K | $0 | — | View 990 |
| 2022 | $223K | $132K | $291K | $0 | — | View 990 |
| 2021 | $90K | $48K | $225K | $0 | — | — |
| 2020 | $121K | $110K | $183K | $0 | — | — |
| 2019 | $159K | $150K | $172K | $0 | — | View 990 |
| 2018 | $155K | $144K | $163K | $0 | — | View 990 |
| 2017 | $143K | $95K | $152K | $0 | — | View 990 |
| 2016 | $126K | $135K | $104K | $0 | — | View 990 |
| 2015 | $136K | $89K | $113K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $173K, and assets of $332K (revenue -18.8% year-over-year).
- 2022: Revenue of $223K, expenses of $132K, and assets of $291K (revenue +147.0% year-over-year).
- 2021: Revenue of $90K, expenses of $48K, and assets of $225K (revenue -25.2% year-over-year).
- 2020: Revenue of $121K, expenses of $110K, and assets of $183K (revenue -24.0% year-over-year).
- 2019: Revenue of $159K, expenses of $150K, and assets of $172K (revenue +2.6% year-over-year).
- 2018: Revenue of $155K, expenses of $144K, and assets of $163K (revenue +7.7% year-over-year).
- 2017: Revenue of $143K, expenses of $95K, and assets of $152K (revenue +14.3% year-over-year).
- 2016: Revenue of $126K, expenses of $135K, and assets of $104K (revenue -7.8% year-over-year).
- 2015: Revenue of $136K, expenses of $89K, and assets of $113K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kingsway Education Foundation Inc:
Data Sources and Methodology
This transparency report for Kingsway Education 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.