Knowlton Foundation Inc

Knowlton Foundation Inc. faces significant financial challenges with consistent deficit spending and declining assets.

EIN: 203484102 · Moorestown, NJ · NTEE: T22 · Updated: 2026-03-28

$613KRevenue

$349KAssets

45/100Mission Score (Fair)

T22

About Knowlton Foundation Inc

Knowlton Foundation Inc (EIN: 203484102) is a nonprofit organization based in Moorestown, NJ, classified under NTEE code T22. The organization reported total revenue of $613K and total assets of $349K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Knowlton Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Knowlton Foundation Inc. exhibits a concerning trend of declining financial health over its filing history. While the latest reported revenue is $612,867, this figure appears to be an outlier or a cumulative sum, as individual annual revenues have been significantly lower and often negative in recent years (e.g., -$6,187 in 202206). The organization has consistently spent more than it has brought in, leading to a substantial decrease in assets from a high of $638,709 in 201306 to $144,811 in 202306. This pattern of deficit spending is unsustainable. The lack of reported officer compensation across all filings suggests either a fully volunteer-run organization or that compensation is reported under other expense categories, which could impact transparency regarding administrative costs.

The spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent net losses indicate that overall spending is not efficient relative to revenue generation. The organization's ability to sustain its operations given its financial trajectory is questionable. Transparency is moderate; while filings are available, the lack of specific expense breakdowns beyond total expenses makes it challenging to understand where funds are truly being allocated. The consistent reporting of minimal liabilities is a positive, but it doesn't offset the significant asset depletion.

Overall, the Knowlton Foundation Inc. shows signs of financial instability, with a long history of expenses exceeding revenues and a shrinking asset base. While the absence of officer compensation is notable, the broader financial trends raise concerns about long-term viability and the effectiveness of its financial management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Knowlton Foundation Inc 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, Knowlton Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all filings, suggesting a volunteer-led structure or that executive compensation is not a significant financial burden, which is positive for resource allocation.

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 Knowlton Foundation Inc's IRS 990 filings:

Consistent deficit spending (expenses exceeding revenue) over multiple years.
Significant decline in total assets from $638,709 in 201306 to $144,811 in 202306.
Negative revenue reported in 202206 ($-6,187), indicating potential financial distress.
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data, hindering full efficiency assessment.

Strengths

The following positive indicators were identified for Knowlton Foundation Inc:

Consistently reports 0% officer compensation, indicating a potentially volunteer-driven model or efficient executive cost management.
Maintained very low liabilities across most filing periods, suggesting good debt management.

Frequently Asked Questions about Knowlton Foundation Inc

Is Knowlton Foundation Inc. financially sustainable?

Based on the filing history, the organization has consistently spent more than its revenue, leading to a significant decline in assets from $638,709 in 201306 to $144,811 in 202306. This pattern suggests a lack of financial sustainability.

What caused the significant decline in assets?

The decline in assets is primarily due to annual expenses consistently exceeding revenues. For example, in 201906, revenue was $43,086 while expenses were $249,553, contributing to asset depletion.

How does the organization fund its operations given the negative revenues in some years?

The organization appears to be drawing down its existing assets to cover operational expenses, as evidenced by the decreasing asset base. The negative revenue in 202206 ($-6,187) further highlights a reliance on past reserves or other non-operating income sources.

Filing History

IRS 990 filing history for Knowlton Foundation Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2012–2023), Knowlton Foundation Inc's revenue has declined by 98.7%, moving from $19K to $237. Total assets decreased by 77.1% over the same period, from $631K to $145K. Total functional expenses fell by 60.9%, from $135K to $53K. In its most recent filing year (2023), Knowlton Foundation Inc reported a deficit of $53K, with expenses exceeding revenue. The organization holds $1 in liabilities against $145K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $145K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$237	$53K	$145K	$1	—	View 990
2022	$-6,187	$29K	$197K	$1	—	View 990
2021	$120K	$71K	$232K	$1	—	—
2020	$354K	$193K	$184K	$1	—	View 990
2019	$43K	$250K	$234K	$1	—	View 990
2015	$46K	$154K	$344K	$0	—	View 990
2014	$44K	$131K	$465K	$13K	—	View 990
2013	$89K	$181K	$639K	$100K	—	View 990
2012	$19K	$135K	$631K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $237, expenses of $53K, and assets of $145K.
2022: Revenue of $-6,187, expenses of $29K, and assets of $197K (revenue -105.2% year-over-year).
2021: Revenue of $120K, expenses of $71K, and assets of $232K (revenue -66.1% year-over-year).
2020: Revenue of $354K, expenses of $193K, and assets of $184K (revenue +720.6% year-over-year).
2019: Revenue of $43K, expenses of $250K, and assets of $234K (revenue -6.3% year-over-year).
2015: Revenue of $46K, expenses of $154K, and assets of $344K (revenue +5.6% year-over-year).
2014: Revenue of $44K, expenses of $131K, and assets of $465K (revenue -51.0% year-over-year).
2013: Revenue of $89K, expenses of $181K, and assets of $639K (revenue +373.1% year-over-year).
2012: Revenue of $19K, expenses of $135K, and assets of $631K.

Data Sources and Methodology

This transparency report for Knowlton 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.