Kontogouris Djokic Foundation

Kontogouris Djokic Foundation maintains strong assets and zero executive compensation amidst fluctuating revenues.

EIN: 100001906 · Weston, CT · NTEE: T20 · Updated: 2026-03-26

$586KRevenue

$2.8MAssets

85/100Mission Score (Excellent)

T20

About Kontogouris Djokic Foundation

Kontogouris Djokic Foundation (EIN: 100001906) is a nonprofit organization based in Weston, CT, classified under NTEE code T20. The organization reported total revenue of $586K and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kontogouris Djokic Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Kontogouris Djokic Foundation demonstrates a generally stable financial position with assets growing over time, reaching $2,764,445. The organization's revenue has fluctuated significantly, with a notable spike to $1,636,934 in 2020, but has since returned to lower levels, such as $180,550 in 2023. Expenses have remained relatively low compared to revenue in most years, indicating efficient operations. For instance, in 2022, expenses were $95,741 against $229,830 in revenue. The foundation consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. However, the 2023 filing shows expenses ($197,793) exceeding revenue ($180,550), which warrants monitoring to ensure long-term sustainability, although this is a single year's data point.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kontogouris Djokic Foundation 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: 90%
fundraising: 0%

According to IRS 990 filings, Kontogouris Djokic 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.

Executive Compensation Analysis

The Kontogouris Djokic Foundation consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.

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 Kontogouris Djokic Foundation's IRS 990 filings:

Expenses exceeded revenue in 2023 ($197,793 vs. $180,550), indicating a potential deficit for that period.
Significant fluctuation in annual revenue, making financial planning and stability harder to predict.

Strengths

The following positive indicators were identified for Kontogouris Djokic Foundation:

Consistent reporting of 0% officer compensation, demonstrating a strong commitment to mission-focused spending.
Healthy asset base of $2,764,445, providing financial stability.
Generally low expenses relative to revenue in most years, indicating efficient operations.
Long filing history (10 filings) suggests consistent operation and compliance.

Frequently Asked Questions about Kontogouris Djokic Foundation

What caused the significant revenue spike in 2020?

The filing data shows a revenue of $1,636,934 in 2020, a substantial increase from previous and subsequent years. Further investigation into the 2020 Form 990 would be needed to identify the specific source of this large influx of funds, such as a major grant or donation.

How does the organization manage its liabilities, especially the negative liability reported in 2021?

The 2021 filing shows liabilities of $-1,889, which is unusual. Typically, liabilities are non-negative. This could indicate a reporting error or a specific accounting adjustment that would require reviewing the detailed financial statements to understand.

What are the primary program activities funded by the foundation?

Based on the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the foundation likely engages in grantmaking. However, the provided data does not detail specific program activities or beneficiaries, which would be found in the full Form 990.

Filing History

IRS 990 filing history for Kontogouris Djokic Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Kontogouris Djokic Foundation's revenue has grown by 451.4%, moving from $33K to $181K. Total assets increased by 6.6% over the same period, from $2.5M to $2.6M. Total functional expenses rose by 240.5%, from $58K to $198K. In its most recent filing year (2023), Kontogouris Djokic Foundation reported a deficit of $17K, with expenses exceeding revenue. The organization holds $3K in liabilities against $2.6M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $2.6M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$181K	$198K	$2.6M	$3K	—	View 990
2022	$230K	$96K	$2.6M	$3K	—	View 990
2021	$175K	$156K	$2.5M	$-1,889	—	View 990
2020	$1.6M	$89K	$2.5M	$1	—	View 990
2019	$140K	$37K	$933K	$1	—	View 990
2015	$51K	$4K	$867K	$1	—	View 990
2014	$46K	$24K	$826K	$1	—	View 990
2013	$32K	$29K	$1.2M	$0	—	View 990
2012	$38K	$56K	$1.2M	$0	—	View 990
2011	$33K	$58K	$2.5M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $181K, expenses of $198K, and assets of $2.6M (revenue -21.4% year-over-year).
2022: Revenue of $230K, expenses of $96K, and assets of $2.6M (revenue +31.2% year-over-year).
2021: Revenue of $175K, expenses of $156K, and assets of $2.5M (revenue -89.3% year-over-year).
2020: Revenue of $1.6M, expenses of $89K, and assets of $2.5M (revenue +1070.2% year-over-year).
2019: Revenue of $140K, expenses of $37K, and assets of $933K (revenue +173.0% year-over-year).
2015: Revenue of $51K, expenses of $4K, and assets of $867K (revenue +10.7% year-over-year).
2014: Revenue of $46K, expenses of $24K, and assets of $826K (revenue +43.8% year-over-year).
2013: Revenue of $32K, expenses of $29K, and assets of $1.2M (revenue -15.0% year-over-year).
2012: Revenue of $38K, expenses of $56K, and assets of $1.2M (revenue +15.6% year-over-year).
2011: Revenue of $33K, expenses of $58K, and assets of $2.5M.

Data Sources and Methodology

This transparency report for Kontogouris Djokic 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.