Kmd Foundation
Kmd Foundation faces consistent operating deficits despite maintaining assets, with highly volatile revenue streams.
EIN: 204994173 · Lake Charles, LA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $312K |
| Total Expenses | $35K |
| Program Spending | 70% |
| Net Assets | $282K |
| Transparency Score | 45/100 |
Is Kmd Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kmd Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Kmd Foundation
Kmd Foundation (EIN: 204994173) is a nonprofit organization based in Lake Charles, LA, classified under NTEE code T20. The organization reported total revenue of $312K and total assets of $380K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kmd Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kmd Foundation is a small 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 99.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16K |
| Total Expenses | $35K |
| Surplus / Deficit | $-18,462 |
| Total Assets | $282K |
| Total Liabilities | $1 |
| Net Assets | $282K |
| Operating Margin | -113.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 97.4 months |
Financial Health Grade: B
In 2023, Kmd Foundation reported a deficit of $18K with expenses exceeding revenue, holds 97.4 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), Kmd Foundation's revenue has grown at a compound annual growth rate (CAGR) of 99.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +182.3% | +71.6% | -6.1% |
| 2022 | -78.8% | -13.9% | -4.6% |
| 2020 | -217.2% | -7.8% | -7.7% |
| 2019 | -98.7% | +5586.9% | -18.6% |
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 Kmd Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Kmd Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating a volunteer-led organization or that compensation falls below reporting thresholds, which is positive for minimizing overhead.
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 Kmd Foundation's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2023 revenue $16,260 vs. expenses $34,722).
- Significant and unexplained drop in revenue after 2015 ($406,690 to low thousands).
- Negative revenue reported in 2020 ($-6,187), indicating potential financial adjustments or losses.
- Gradual decline in assets from $414,038 in 2015 to $281,886 in 2023, suggesting asset depletion.
Strengths
The following positive indicators were identified for Kmd Foundation:
- No reported officer compensation, indicating a volunteer-driven or highly cost-conscious leadership.
- Maintains a substantial asset base ($281,886 in 2023) despite operating deficits, providing some financial cushion.
- Low liabilities across all reported periods, indicating minimal debt burden.
Frequently Asked Questions about Kmd Foundation
Is Kmd Foundation a legitimate charity?
Kmd Foundation (EIN: 204994173) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $312K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Kmd Foundation spend its money?
Kmd Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Kmd Foundation tax-deductible?
Kmd Foundation is registered as a tax-exempt nonprofit (EIN: 204994173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Kmd Foundation's spending goes to programs?
Kmd Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Kmd Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Kmd Foundation is near average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kmd Foundation located?
Kmd Foundation is headquartered in Lake Charles, Louisiana and files with the IRS under EIN 204994173. It is classified under NTEE code T20.
How many years of IRS 990 filings does Kmd Foundation have?
Kmd 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 $312K in total revenue.
How does Kmd Foundation plan to address its consistent operating deficits?
The financial data shows consistent expenses exceeding revenue in recent years (e.g., $34,722 expenses vs. $16,260 revenue in 2023), indicating a need for a clear strategy to achieve financial sustainability.
What caused the significant drop in revenue after 2015?
Revenue plummeted from $406,690 in 2015 to $5,279 in 2019 and even negative in 2020, suggesting a major change in funding sources or operational strategy that warrants further investigation.
What are the primary program activities of Kmd Foundation, and how are they funded?
Given the NTEE code T20 (Grantmaking Foundations) and the financial struggles, understanding the specific programs and how they are sustained despite the deficits is crucial.
Filing History
IRS 990 filing history for Kmd Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Kmd Foundation's revenue has grown by 406400%, moving from $4 to $16K. Total assets increased by 3832% over the same period, from $7K to $282K. Total functional expenses rose by 5105.7%, from $667 to $35K. In its most recent filing year (2023), Kmd Foundation reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1 in liabilities against $282K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $282K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16K | $35K | $282K | $1 | — | — |
| 2022 | $6K | $20K | $300K | $1 | — | — |
| 2021 | $27K | $23K | $315K | $1 | — | View 990 |
| 2020 | $-6,187 | $20K | $311K | $1 | — | — |
| 2019 | $5K | $21K | $337K | $0 | — | View 990 |
| 2015 | $407K | $375 | $414K | $1 | — | View 990 |
| 2014 | $604 | $0 | $8K | $1 | — | View 990 |
| 2013 | $3 | $0 | $7K | $1 | — | View 990 |
| 2012 | $2 | $55 | $7K | $1 | — | View 990 |
| 2011 | $4 | $667 | $7K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16K, expenses of $35K, and assets of $282K (revenue +182.3% year-over-year).
- 2022: Revenue of $6K, expenses of $20K, and assets of $300K (revenue -78.8% year-over-year).
- 2021: Revenue of $27K, expenses of $23K, and assets of $315K.
- 2020: Revenue of $-6,187, expenses of $20K, and assets of $311K (revenue -217.2% year-over-year).
- 2019: Revenue of $5K, expenses of $21K, and assets of $337K (revenue -98.7% year-over-year).
- 2015: Revenue of $407K, expenses of $375, and assets of $414K (revenue +67232.8% year-over-year).
- 2014: Revenue of $604, expenses of $0, and assets of $8K (revenue +20033.3% year-over-year).
- 2013: Revenue of $3, expenses of $0, and assets of $7K (revenue +50.0% year-over-year).
- 2012: Revenue of $2, expenses of $55, and assets of $7K (revenue -50.0% year-over-year).
- 2011: Revenue of $4, expenses of $667, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kmd Foundation:
Data Sources and Methodology
This transparency report for Kmd 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.