Koal To Diamond Foundation Inc
Koal To Diamond Foundation Inc maintains stable assets and zero liabilities despite fluctuating revenue.
EIN: 10650805 · Pine Bluff, AR · NTEE: P20 · Updated: 2026-03-28
Is Koal To Diamond Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Koal To Diamond Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Koal To Diamond Foundation Inc
Koal To Diamond Foundation Inc (EIN: 10650805) is a nonprofit organization based in Pine Bluff, AR, classified under NTEE code P20. The organization reported total revenue of $16K and total assets of $66K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Koal To Diamond Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Koal To Diamond Foundation Inc with a Mission Score of 85 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, Koal To Diamond Foundation Inc 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size and revenue.
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 Koal To Diamond Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue fluctuations, making financial planning potentially challenging.
- Gradual decline in total assets over the past decade, from $89,997 in 2014 to $77,564 in 2023.
Strengths
The following positive indicators were identified for Koal To Diamond Foundation Inc:
- Consistent 0% officer compensation across all filings, indicating strong dedication to mission.
- Successful elimination of all liabilities, reaching $0 in recent periods.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency.
- Maintained positive assets despite varying revenue levels.
Frequently Asked Questions about Koal To Diamond Foundation Inc
Is Koal To Diamond Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Koal To Diamond Foundation Inc (EIN: 10650805) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Koal To Diamond Foundation Inc spend its money?
Koal To Diamond Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Koal To Diamond Foundation Inc tax-deductible?
Koal To Diamond Foundation Inc is registered as a tax-exempt nonprofit (EIN: 10650805). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Koal To Diamond Foundation Inc a good charity?
Based on the available data, Koal To Diamond Foundation Inc appears to be a good charity, particularly due to its consistent transparency, elimination of liabilities, and 0% officer compensation, suggesting a strong commitment to its mission.
How has the organization's financial health changed over time?
The organization's financial health has seen fluctuating revenues but has consistently managed expenses. Assets have gradually decreased from $89,997 in 2014 to $77,564 in 2023, while liabilities have been successfully reduced from $29,726 in 2014 to $0 in recent years.
What is the trend in revenue for Koal To Diamond Foundation Inc?
Revenue has been inconsistent, with a peak of $45,580 in 2021, but generally ranges between $5,000 and $15,000 in other years, showing significant year-to-year variability.
Filing History
IRS 990 filing history for Koal To Diamond Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Koal To Diamond Foundation Inc's revenue has grown by 253.9%, moving from $3K to $12K. Total assets decreased by 29.1% over the same period, from $109K to $78K. Total functional expenses rose by 48.8%, from $9K to $14K. In its most recent filing year (2023), Koal To Diamond Foundation Inc reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $12K | $14K | $78K | $0 | — | — |
| 2022 | $15K | $13K | $88K | $0 | — | View 990 |
| 2021 | $46K | $31K | $86K | $0 | — | — |
| 2020 | $5K | $6K | $84K | $16K | — | — |
| 2019 | $10K | $7K | $85K | $16K | — | View 990 |
| 2018 | $14K | $7K | $82K | $19K | — | View 990 |
| 2017 | $8K | $7K | $85K | $23K | — | View 990 |
| 2016 | $9K | $7K | $86K | $28K | — | View 990 |
| 2015 | $9K | $10K | $88K | $28K | — | View 990 |
| 2014 | $5K | $14K | $90K | $30K | — | View 990 |
| 2013 | $8K | $8K | $99K | $32K | — | View 990 |
| 2012 | $6K | $9K | $104K | $36K | — | View 990 |
| 2011 | $3K | $9K | $109K | $32K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12K, expenses of $14K, and assets of $78K (revenue -21.0% year-over-year).
- 2022: Revenue of $15K, expenses of $13K, and assets of $88K (revenue -66.9% year-over-year).
- 2021: Revenue of $46K, expenses of $31K, and assets of $86K (revenue +854.6% year-over-year).
- 2020: Revenue of $5K, expenses of $6K, and assets of $84K (revenue -52.6% year-over-year).
- 2019: Revenue of $10K, expenses of $7K, and assets of $85K (revenue -29.3% year-over-year).
- 2018: Revenue of $14K, expenses of $7K, and assets of $82K (revenue +77.7% year-over-year).
- 2017: Revenue of $8K, expenses of $7K, and assets of $85K (revenue -14.3% year-over-year).
- 2016: Revenue of $9K, expenses of $7K, and assets of $86K (revenue +0.3% year-over-year).
- 2015: Revenue of $9K, expenses of $10K, and assets of $88K (revenue +85.9% year-over-year).
- 2014: Revenue of $5K, expenses of $14K, and assets of $90K (revenue -40.7% year-over-year).
- 2013: Revenue of $8K, expenses of $8K, and assets of $99K (revenue +32.9% year-over-year).
- 2012: Revenue of $6K, expenses of $9K, and assets of $104K (revenue +89.2% year-over-year).
- 2011: Revenue of $3K, expenses of $9K, and assets of $109K.
Data Sources and Methodology
This transparency report for Koal To Diamond 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.