Kinnect
Kinnect shows rapid growth and consistent financial management with 0% reported officer compensation.
EIN: 202727509 · Cleveland, OH · NTEE: P31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $15.2M |
| Total Expenses | $14.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $13 |
| Net Assets | $930K |
| Transparency Score | 90/100 |
Is Kinnect Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kinnect directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kinnect
Kinnect (EIN: 202727509) is a nonprofit organization based in Cleveland, OH, classified under NTEE code P31. The organization reported total revenue of $15.2M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kinnect's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kinnect is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 42.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14.0M |
| Total Expenses | $14.0M |
| Surplus / Deficit | $-64,627 |
| Total Assets | $2.7M |
| Total Liabilities | $1.8M |
| Net Assets | $930K |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 65.8% |
| Months of Reserves | 2.3 months |
Financial Health Grade: D
In 2023, Kinnect reported a deficit of $65K with expenses exceeding revenue, holds 2.3 months of operating reserves (limited), has a debt-to-asset ratio of 65.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kinnect's revenue has grown at a compound annual growth rate (CAGR) of 42.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | +1.0% | +10.5% |
| 2022 | +30.2% | +30.6% | +25.0% |
| 2021 | +27.9% | +31.8% | +18.8% |
| 2020 | +171.2% | +149.0% | +181.0% |
| 2019 | +74.3% | +62.0% | +77.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Kinnect with a Mission Score of 90 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, Kinnect 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 65.8%.
Executive Compensation Analysis
Kinnect consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $13 million in annual expenses. This either indicates that executive compensation is not being paid, or it is being reported under other expense categories, which could obscure a complete picture of executive remuneration.
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 Kinnect's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which may indicate compensation is reported in other categories, obscuring transparency.
Strengths
The following positive indicators were identified for Kinnect:
- Exceptional revenue growth, increasing from $278,608 in 2014 to $13,965,153 in 2023.
- Consistent financial management with expenses closely aligned to revenue.
- Significant growth in assets, from $52,108 in 2014 to $2,724,181 in 2023, indicating increasing financial stability.
- Positive net assets, with assets consistently exceeding liabilities.
Frequently Asked Questions about Kinnect
Is Kinnect a legitimate charity?
Based on AI analysis of IRS 990 filings, Kinnect (EIN: 202727509) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Kinnect spend its money?
Kinnect directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kinnect tax-deductible?
Kinnect is registered as a tax-exempt nonprofit (EIN: 202727509). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kinnect CEO make?
Kinnect's highest-compensated officer earns $13 annually. The organization reported $15.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kinnect's spending goes to programs?
Kinnect directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kinnect compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Kinnect is above average for NTEE category P31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kinnect located?
Kinnect is headquartered in Cleveland, Ohio and files with the IRS under EIN 202727509. It is classified under NTEE code P31.
How many years of IRS 990 filings does Kinnect have?
Kinnect has 13 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 $15.2M in total revenue.
Is Kinnect a good charity?
Based on the provided financial data, Kinnect appears to be a well-managed and rapidly growing charity. Its revenue has increased dramatically, and expenses are consistently managed close to revenue, indicating efficient use of funds. The reported 0% officer compensation is a notable point, suggesting a strong focus on mission, though further detail on how executive leadership is compensated would provide a more complete picture.
How has Kinnect's revenue grown over time?
Kinnect has experienced exceptional revenue growth, increasing from $278,608 in 2014 to $13,965,153 in 2023. This represents a substantial increase, indicating strong support and expansion of its operations.
What is Kinnect's asset growth trend?
Kinnect's assets have grown significantly, from $52,108 in 2014 to $2,724,181 in 2023. This consistent growth in assets suggests increasing financial stability and capacity.
Does Kinnect spend more than it earns?
In most years, Kinnect's expenses are very close to its revenue. For example, in 2023, expenses ($14,029,780) slightly exceeded revenue ($13,965,153), resulting in a small deficit. However, in other years like 2022, revenue ($13,938,314) slightly exceeded expenses ($13,886,906). This indicates a balanced approach to spending relative to income.
Filing History
IRS 990 filing history for Kinnect showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kinnect's revenue has grown by 6874.2%, moving from $200K to $14.0M. Total assets increased by 1558.2% over the same period, from $164K to $2.7M. Total functional expenses rose by 6840.1%, from $202K to $14.0M. In its most recent filing year (2023), Kinnect reported a deficit of $65K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $2.7M in assets (debt-to-asset ratio: 65.8%), resulting in net assets of $930K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14.0M | $14.0M | $2.7M | $1.8M | — | — |
| 2022 | $13.9M | $13.9M | $2.5M | $1.5M | — | — |
| 2021 | $10.7M | $10.6M | $2.0M | $1.0M | — | View 990 |
| 2020 | $8.4M | $8.1M | $1.7M | $783K | — | View 990 |
| 2019 | $3.1M | $3.2M | $591K | $249K | — | View 990 |
| 2018 | $1.8M | $2.0M | $332K | $197K | — | View 990 |
| 2017 | $377K | $317K | $151K | $39K | — | View 990 |
| 2016 | $218K | $188K | $55K | $3K | — | View 990 |
| 2015 | $128K | $165K | $24K | $10K | — | View 990 |
| 2014 | $279K | $307K | $52K | $1K | — | View 990 |
| 2013 | $318K | $353K | $80K | $964 | — | View 990 |
| 2012 | $183K | $231K | $115K | $756 | — | View 990 |
| 2011 | $200K | $202K | $164K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14.0M, expenses of $14.0M, and assets of $2.7M (revenue +0.2% year-over-year).
- 2022: Revenue of $13.9M, expenses of $13.9M, and assets of $2.5M (revenue +30.2% year-over-year).
- 2021: Revenue of $10.7M, expenses of $10.6M, and assets of $2.0M (revenue +27.9% year-over-year).
- 2020: Revenue of $8.4M, expenses of $8.1M, and assets of $1.7M (revenue +171.2% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.2M, and assets of $591K (revenue +74.3% year-over-year).
- 2018: Revenue of $1.8M, expenses of $2.0M, and assets of $332K (revenue +368.9% year-over-year).
- 2017: Revenue of $377K, expenses of $317K, and assets of $151K (revenue +72.8% year-over-year).
- 2016: Revenue of $218K, expenses of $188K, and assets of $55K (revenue +70.7% year-over-year).
- 2015: Revenue of $128K, expenses of $165K, and assets of $24K (revenue -54.1% year-over-year).
- 2014: Revenue of $279K, expenses of $307K, and assets of $52K (revenue -12.5% year-over-year).
- 2013: Revenue of $318K, expenses of $353K, and assets of $80K (revenue +73.8% year-over-year).
- 2012: Revenue of $183K, expenses of $231K, and assets of $115K (revenue -8.5% year-over-year).
- 2011: Revenue of $200K, expenses of $202K, and assets of $164K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kinnect:
Data Sources and Methodology
This transparency report for Kinnect 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.