Kismet Rock Foundation
Kismet Rock Foundation shows strong financial growth and zero officer compensation over recent years.
EIN: 20516308 · North Conway, NH · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $344K |
| Total Expenses | $191K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $365,351 |
| Net Assets | $364K |
| Transparency Score | 92/100 |
Is Kismet Rock Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kismet Rock Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kismet Rock Foundation
Kismet Rock Foundation (EIN: 20516308) is a nonprofit organization based in North Conway, NH, classified under NTEE code B90. The organization reported total revenue of $344K and total assets of $449K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kismet Rock Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kismet Rock Foundation is a small nonprofit that has been operating for 26 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $365K |
| Total Expenses | $191K |
| Surplus / Deficit | +$174K |
| Total Assets | $364K |
| Net Assets | $364K |
| Operating Margin | 47.7% |
| Months of Reserves | 22.8 months |
Financial Health Grade: A
In 2024, Kismet Rock Foundation reported a surplus of $174K with revenue exceeding expenses, holds 22.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Kismet Rock Foundation's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +42.9% | -13.0% | +81.0% |
| 2023 | +30.5% | +15.7% | +30.5% |
| 2022 | +21.4% | +61.9% | -3.7% |
| 2021 | +33.9% | +42.1% | +37.3% |
| 2020 | -5.5% | -24.8% | +76.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
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 Kismet Rock Foundation with a Mission Score of 92 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, Kismet Rock Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $174K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filing periods, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with revenues reaching $365,351 in 2024.
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 Kismet Rock Foundation:
- Consistent revenue growth, from $76,192 in 2016 to $365,351 in 2024.
- Significant asset growth, from $28,654 in 2016 to $364,013 in 2024.
- Zero officer compensation reported across all 14 filings, indicating strong commitment to mission.
- Low or zero liabilities in most filing periods, demonstrating financial stability.
- Positive net income (revenue exceeding expenses) in most recent periods, contributing to asset accumulation.
Frequently Asked Questions about Kismet Rock Foundation
Is Kismet Rock Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kismet Rock Foundation (EIN: 20516308) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Kismet Rock Foundation spend its money?
Kismet Rock Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kismet Rock Foundation tax-deductible?
Kismet Rock Foundation is registered as a tax-exempt nonprofit (EIN: 20516308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kismet Rock Foundation CEO make?
Kismet Rock Foundation's highest-compensated officer earns $365,351 annually. The organization reported $344K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kismet Rock Foundation's spending goes to programs?
Kismet Rock Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kismet Rock Foundation compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Kismet Rock Foundation is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kismet Rock Foundation located?
Kismet Rock Foundation is headquartered in North Conway, New Hampshire and files with the IRS under EIN 20516308. It is classified under NTEE code B90.
How many years of IRS 990 filings does Kismet Rock Foundation have?
Kismet Rock Foundation has 14 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 $344K in total revenue.
Is Kismet Rock Foundation a good charity?
Based on the provided financial data, Kismet Rock Foundation appears to be a very good charity. It demonstrates strong financial health, consistent revenue growth, increasing assets, and a notable commitment to its mission by reporting 0% officer compensation across all filings.
How has Kismet Rock Foundation's financial health changed over time?
The organization's financial health has significantly improved, with revenue growing from $76,192 in 2016 to $365,351 in 2024, and assets increasing from $28,654 to $364,013 over the same period, indicating robust growth and stability.
Does Kismet Rock Foundation spend efficiently?
Yes, the foundation appears to spend efficiently. In 2024, expenses were $191,174 against revenue of $365,351, indicating a significant surplus and suggesting that a large portion of funds are directed towards its mission, especially given the 0% officer compensation.
Filing History
IRS 990 filing history for Kismet Rock Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Kismet Rock Foundation's revenue has grown by 157.7%, moving from $142K to $365K. Total assets increased by 505.5% over the same period, from $60K to $364K. Total functional expenses rose by 65.1%, from $116K to $191K. In its most recent filing year (2024), Kismet Rock Foundation reported a surplus of $174K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $365K | $191K | $364K | $0 | — | — |
| 2023 | $256K | $220K | $201K | $11K | — | View 990 |
| 2022 | $196K | $190K | $154K | $202 | — | View 990 |
| 2021 | $161K | $117K | $160K | $12K | — | View 990 |
| 2020 | $120K | $83K | $117K | $13K | — | View 990 |
| 2019 | $128K | $110K | $66K | $0 | — | View 990 |
| 2018 | $148K | $176K | $48K | $0 | — | View 990 |
| 2017 | $209K | $161K | $83K | $7K | — | View 990 |
| 2016 | $76K | $125K | $29K | $0 | — | View 990 |
| 2015 | $139K | $142K | $78K | $0 | — | View 990 |
| 2014 | $163K | $128K | $81K | $0 | — | View 990 |
| 2013 | $124K | $132K | $66K | $19K | — | View 990 |
| 2012 | $115K | $121K | $54K | $0 | — | View 990 |
| 2011 | $142K | $116K | $60K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $365K, expenses of $191K, and assets of $364K (revenue +42.9% year-over-year).
- 2023: Revenue of $256K, expenses of $220K, and assets of $201K (revenue +30.5% year-over-year).
- 2022: Revenue of $196K, expenses of $190K, and assets of $154K (revenue +21.4% year-over-year).
- 2021: Revenue of $161K, expenses of $117K, and assets of $160K (revenue +33.9% year-over-year).
- 2020: Revenue of $120K, expenses of $83K, and assets of $117K (revenue -5.5% year-over-year).
- 2019: Revenue of $128K, expenses of $110K, and assets of $66K (revenue -13.9% year-over-year).
- 2018: Revenue of $148K, expenses of $176K, and assets of $48K (revenue -29.0% year-over-year).
- 2017: Revenue of $209K, expenses of $161K, and assets of $83K (revenue +173.7% year-over-year).
- 2016: Revenue of $76K, expenses of $125K, and assets of $29K (revenue -45.0% year-over-year).
- 2015: Revenue of $139K, expenses of $142K, and assets of $78K (revenue -14.9% year-over-year).
- 2014: Revenue of $163K, expenses of $128K, and assets of $81K (revenue +30.9% year-over-year).
- 2013: Revenue of $124K, expenses of $132K, and assets of $66K (revenue +8.3% year-over-year).
- 2012: Revenue of $115K, expenses of $121K, and assets of $54K (revenue -19.0% year-over-year).
- 2011: Revenue of $142K, expenses of $116K, and assets of $60K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kismet Rock Foundation:
Data Sources and Methodology
This transparency report for Kismet Rock 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.