Kirby Pines Foundation Inc
EIN: 621532380 · Memphis, TN · NTEE: P81Z
| Metric | Value |
|---|---|
| Total Revenue | $589K |
| Total Expenses | $65K |
| Net Assets | $-173,021 |
Is Kirby Pines 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 Kirby Pines Foundation Inc
Kirby Pines Foundation Inc (EIN: 621532380) is a nonprofit organization based in Memphis, TN, classified under NTEE code P81Z. The organization reported total revenue of $589K and total assets of $229K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kirby Pines Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kirby Pines Foundation Inc is a small nonprofit that has been operating for 31 years, with 8 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -24.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5K |
| Total Expenses | $65K |
| Surplus / Deficit | $-60,609 |
| Total Assets | $345K |
| Total Liabilities | $518K |
| Net Assets | $-173,021 |
| Operating Margin | -1276.2% |
| Debt-to-Asset Ratio | 150.1% |
| Months of Reserves | 63.4 months |
Financial Health Grade: C
In 2023, Kirby Pines Foundation Inc reported a deficit of $61K with expenses exceeding revenue, holds 63.4 months of operating reserves (strong position), has a debt-to-asset ratio of 150.1% (high leverage).
Financial Trends
Over 8 years of filings (2012–2023), Kirby Pines Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -24.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -97.7% | +1.0% | +1.1% |
| 2022 | -36.8% | -7.5% | +152.1% |
| 2021 | +436.4% | -7.1% | -33.5% |
| 2019 | +27.2% | +22.8% | +190.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kirby Pines 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 Kirby Pines 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 deficit of $61K, with expenses exceeding revenue.
- Debt-to-asset ratio: 150.1%.
Frequently Asked Questions about Kirby Pines Foundation Inc
Is Kirby Pines Foundation Inc a legitimate charity?
Kirby Pines Foundation Inc (EIN: 621532380) is a registered tax-exempt nonprofit based in Tennessee. It has 8 years of IRS 990 filings on record. Total revenue: $589K. No red flags identified. Financial health grade: C.
How does Kirby Pines Foundation Inc spend its money?
Kirby Pines Foundation Inc reported $589K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kirby Pines Foundation Inc tax-deductible?
Kirby Pines Foundation Inc is registered as a tax-exempt nonprofit (EIN: 621532380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kirby Pines Foundation Inc located?
Kirby Pines Foundation Inc is headquartered in Memphis, Tennessee and files with the IRS under EIN 621532380. It is classified under NTEE code P81Z.
How many years of IRS 990 filings does Kirby Pines Foundation Inc have?
Kirby Pines Foundation Inc has 8 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 $589K in total revenue.
Filing History
IRS 990 filing history for Kirby Pines Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2012–2023), Kirby Pines Foundation Inc's revenue has declined by 95.4%, moving from $104K to $5K. Total assets increased by 105.2% over the same period, from $168K to $345K. Total functional expenses fell by 28.6%, from $92K to $65K. In its most recent filing year (2023), Kirby Pines Foundation Inc reported a deficit of $61K, with expenses exceeding revenue. The organization holds $518K in liabilities against $345K in assets (debt-to-asset ratio: 150.1%), resulting in net assets of $-173,021.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5K | $65K | $345K | $518K | — | — |
| 2022 | $209K | $65K | $342K | $454K | — | — |
| 2021 | $330K | $70K | $135K | $392K | — | View 990 |
| 2019 | $62K | $75K | $204K | $663K | — | View 990 |
| 2017 | $48K | $61K | $70K | $456K | — | View 990 |
| 2016 | $-39,402 | $73K | $78K | $451K | — | View 990 |
| 2015 | $57K | $68K | $117K | $378K | — | View 990 |
| 2012 | $104K | $92K | $168K | $311K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5K, expenses of $65K, and assets of $345K (revenue -97.7% year-over-year).
- 2022: Revenue of $209K, expenses of $65K, and assets of $342K (revenue -36.8% year-over-year).
- 2021: Revenue of $330K, expenses of $70K, and assets of $135K (revenue +436.4% year-over-year).
- 2019: Revenue of $62K, expenses of $75K, and assets of $204K (revenue +27.2% year-over-year).
- 2017: Revenue of $48K, expenses of $61K, and assets of $70K.
- 2016: Revenue of $-39,402, expenses of $73K, and assets of $78K (revenue -169.2% year-over-year).
- 2015: Revenue of $57K, expenses of $68K, and assets of $117K (revenue -45.4% year-over-year).
- 2012: Revenue of $104K, expenses of $92K, and assets of $168K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kirby Pines Foundation Inc:
Data Sources and Methodology
This transparency report for Kirby Pines 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.