Kohnen Family Foundation
Kohnen Family Foundation consistently grows assets with zero reported officer compensation and low liabilities.
EIN: 205597572 · Cincinnati, OH · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $489K |
| Total Expenses | $281K |
| Program Spending | 95% |
| Net Assets | $4.0M |
| Transparency Score | 95/100 |
Is Kohnen Family Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kohnen Family Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kohnen Family Foundation
Kohnen Family Foundation (EIN: 205597572) is a nonprofit organization based in Cincinnati, OH, classified under NTEE code T20. The organization reported total revenue of $489K and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kohnen Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kohnen Family Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $587K |
| Total Expenses | $281K |
| Surplus / Deficit | +$306K |
| Total Assets | $4.0M |
| Total Liabilities | $1 |
| Net Assets | $4.0M |
| Operating Margin | 52.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 170.6 months |
Financial Health Grade: A
In 2023, Kohnen Family Foundation reported a surplus of $306K with revenue exceeding expenses, holds 170.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +40.4% | +0.3% | +8.3% |
| 2022 | -33.2% | +21.8% | +3.9% |
| 2021 | +54.0% | +16.1% | +12.6% |
| 2020 | +14.7% | +7.3% | +7.1% |
| 2019 | +197.4% | +37.0% | +42.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Kohnen Family Foundation with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Kohnen Family Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $306K, 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 the foundation's leadership is either unpaid or compensated through other entities, allowing a very high percentage of funds to be directed to its mission.
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 Kohnen Family Foundation:
- Zero reported officer compensation, maximizing program spending.
- Consistent asset growth, from $2,940,199 in 2019 to $3,992,819 in 2023.
- Very low liabilities ($1 reported across all filings), indicating financial stability.
- Expenses consistently well below revenue, allowing for strong financial reserves.
- Consistent filing of IRS Form 990s, demonstrating transparency.
Frequently Asked Questions about Kohnen Family Foundation
Is Kohnen Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Kohnen Family Foundation (EIN: 205597572) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Kohnen Family Foundation spend its money?
Kohnen Family Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kohnen Family Foundation tax-deductible?
Kohnen Family Foundation is registered as a tax-exempt nonprofit (EIN: 205597572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Kohnen Family Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Kohnen Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kohnen Family Foundation located?
Kohnen Family Foundation is headquartered in Cincinnati, Ohio and files with the IRS under EIN 205597572. It is classified under NTEE code T20.
How many years of IRS 990 filings does Kohnen Family Foundation have?
Kohnen 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 $489K in total revenue.
Is Kohnen Family Foundation a good charity?
Based on the provided data, the Kohnen Family Foundation appears to be a very good charity, particularly for its efficiency and financial health. It consistently grows its assets, has zero reported officer compensation, and maintains minimal liabilities, ensuring a high proportion of its funds are available for its programmatic goals.
How has the foundation's asset base changed over time?
The foundation's assets have shown consistent growth, increasing from $2,058,763 in 2015 to $3,992,819 in 2023, nearly doubling in eight years. This indicates strong financial management and investment performance.
What is the trend in revenue and expenses?
Revenue has fluctuated but generally trended upwards, with a notable high of $902,272 in 2014 and $587,115 in 2023. Expenses have also increased over time but consistently remain well below revenue, allowing for significant asset accumulation. For example, in 2023, revenue was $587,115 while expenses were $280,928.
Filing History
IRS 990 filing history for Kohnen Family Foundation showing financial trends over 10 years of public records:
Total assets increased by 195.6% over the same period, from $1.4M to $4.0M. Total functional expenses rose by 268.7%, from $76K to $281K. In its most recent filing year (2023), Kohnen Family Foundation reported a surplus of $306K, with revenue exceeding expenses. The organization holds $1 in liabilities against $4.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $587K | $281K | $4.0M | $1 | — | — |
| 2022 | $418K | $280K | $3.7M | $1 | — | View 990 |
| 2021 | $626K | $230K | $3.5M | $1 | — | View 990 |
| 2020 | $407K | $198K | $3.1M | $1 | — | — |
| 2019 | $354K | $185K | $2.9M | $1 | — | View 990 |
| 2015 | $119K | $135K | $2.1M | $1 | — | View 990 |
| 2014 | $902K | $100K | $2.1M | $1 | — | View 990 |
| 2013 | $43K | $78K | $1.3M | $1 | — | View 990 |
| 2012 | $63K | $100K | $1.3M | $1 | — | View 990 |
| 2011 | $-3,434 | $76K | $1.4M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $587K, expenses of $281K, and assets of $4.0M (revenue +40.4% year-over-year).
- 2022: Revenue of $418K, expenses of $280K, and assets of $3.7M (revenue -33.2% year-over-year).
- 2021: Revenue of $626K, expenses of $230K, and assets of $3.5M (revenue +54.0% year-over-year).
- 2020: Revenue of $407K, expenses of $198K, and assets of $3.1M (revenue +14.7% year-over-year).
- 2019: Revenue of $354K, expenses of $185K, and assets of $2.9M (revenue +197.4% year-over-year).
- 2015: Revenue of $119K, expenses of $135K, and assets of $2.1M (revenue -86.8% year-over-year).
- 2014: Revenue of $902K, expenses of $100K, and assets of $2.1M (revenue +2009.6% year-over-year).
- 2013: Revenue of $43K, expenses of $78K, and assets of $1.3M (revenue -32.5% year-over-year).
- 2012: Revenue of $63K, expenses of $100K, and assets of $1.3M.
- 2011: Revenue of $-3,434, expenses of $76K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kohnen Family Foundation:
Data Sources and Methodology
This transparency report for Kohnen 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.