Kjs Family Foundation
Kjs Family Foundation rapidly accumulates assets with minimal expenses, primarily functioning as a grant-making entity.
EIN: 141942475 · Las Vegas, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.3M |
| Total Expenses | $419K |
| Program Spending | 90% |
| Net Assets | $13.6M |
| Transparency Score | 75/100 |
Is Kjs Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kjs Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kjs Family Foundation
Kjs Family Foundation (EIN: 141942475) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T22. The organization reported total revenue of $6.3M and total assets of $14.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kjs Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kjs Family Foundation is a mid-size nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 189.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $419K |
| Surplus / Deficit | +$5.8M |
| Total Assets | $13.6M |
| Total Liabilities | $36 |
| Net Assets | $13.6M |
| Operating Margin | 93.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 389.4 months |
Financial Health Grade: A
In 2023, Kjs Family Foundation reported a surplus of $5.8M with revenue exceeding expenses, holds 389.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Kjs Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 189.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.3% | +39.9% | +74.2% |
| 2022 | +90.4% | -81.0% | +272.8% |
| 2021 | +790.3% | +6692.1% | +304.5% |
| 2020 | +90.9% | -9.4% | +177.9% |
| 2019 | +2652614.3% | -51.1% | -35.6% |
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 Kjs Family Foundation with a Mission Score of 75 out of 100 (Good). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Kjs Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $5.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated directly from the foundation's funds, which is a positive sign of fiscal prudence.
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 Kjs Family Foundation's IRS 990 filings:
- Very low expense-to-revenue ratio suggests significant asset accumulation rather than immediate program spending.
- Lack of detailed program spending breakdown in the provided data makes it difficult to assess direct charitable impact.
Strengths
The following positive indicators were identified for Kjs Family Foundation:
- Strong asset growth, indicating robust financial health and capacity.
- Consistently low operational expenses, demonstrating efficient management of overhead.
- 0% officer compensation, reflecting strong fiscal responsibility at the executive level.
- Consistent filing history over a decade, indicating good compliance.
Frequently Asked Questions about Kjs Family Foundation
Is Kjs Family Foundation a legitimate charity?
Kjs Family Foundation (EIN: 141942475) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.3M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Kjs Family Foundation spend its money?
Kjs Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Kjs Family Foundation tax-deductible?
Kjs Family Foundation is registered as a tax-exempt nonprofit (EIN: 141942475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kjs Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Kjs Family Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kjs Family Foundation located?
Kjs Family Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 141942475. It is classified under NTEE code T22.
How many years of IRS 990 filings does Kjs Family Foundation have?
Kjs Family Foundation has 10 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 $6.3M in total revenue.
What are the specific grant-making activities and beneficiaries of Kjs Family Foundation?
The provided data indicates the foundation accumulates significant assets and has low expenses, suggesting it primarily operates as a grant-making entity. However, the specific details of its grant programs and beneficiaries are not available in this summary.
Why are expenses consistently so low relative to revenue?
The consistently low expenses relative to revenue (e.g., $418,806 expenses on $6,205,315 revenue in 2023) suggest that the foundation is primarily focused on asset accumulation and investment, with a smaller portion of its revenue being spent on immediate operational costs or program disbursements.
How does the foundation plan to utilize its rapidly growing assets?
With assets growing from $354,225 in 2011 to over $14 million currently, understanding the foundation's long-term strategy for deploying these substantial assets for its charitable mission would be crucial for assessing its impact.
Filing History
IRS 990 filing history for Kjs Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kjs Family Foundation's revenue has grown by 34473872.2%, moving from $18 to $6.2M. Total assets increased by 3736.6% over the same period, from $354K to $13.6M. Total functional expenses rose by 1041.6%, from $37K to $419K. In its most recent filing year (2023), Kjs Family Foundation reported a surplus of $5.8M, with revenue exceeding expenses. The organization holds $36 in liabilities against $13.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $13.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.2M | $419K | $13.6M | $36 | — | View 990 |
| 2022 | $6.0M | $299K | $7.8M | $1 | — | View 990 |
| 2021 | $3.2M | $1.6M | $2.1M | $1 | — | View 990 |
| 2020 | $355K | $23K | $517K | $1 | — | View 990 |
| 2019 | $186K | $26K | $186K | $1 | — | View 990 |
| 2015 | $7 | $52K | $289K | $500 | — | View 990 |
| 2014 | $15 | $49K | $341K | $1 | — | View 990 |
| 2013 | $16 | $30K | $389K | $0 | — | View 990 |
| 2012 | $100K | $35K | $420K | $0 | — | View 990 |
| 2011 | $18 | $37K | $354K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.2M, expenses of $419K, and assets of $13.6M (revenue +3.3% year-over-year).
- 2022: Revenue of $6.0M, expenses of $299K, and assets of $7.8M (revenue +90.4% year-over-year).
- 2021: Revenue of $3.2M, expenses of $1.6M, and assets of $2.1M (revenue +790.3% year-over-year).
- 2020: Revenue of $355K, expenses of $23K, and assets of $517K (revenue +90.9% year-over-year).
- 2019: Revenue of $186K, expenses of $26K, and assets of $186K (revenue +2652614.3% year-over-year).
- 2015: Revenue of $7, expenses of $52K, and assets of $289K (revenue -53.3% year-over-year).
- 2014: Revenue of $15, expenses of $49K, and assets of $341K (revenue -6.3% year-over-year).
- 2013: Revenue of $16, expenses of $30K, and assets of $389K (revenue -100.0% year-over-year).
- 2012: Revenue of $100K, expenses of $35K, and assets of $420K (revenue +555555.6% year-over-year).
- 2011: Revenue of $18, expenses of $37K, and assets of $354K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kjs Family Foundation:
Data Sources and Methodology
This transparency report for Kjs Family 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.