The Kirby Jones Foundation
The Kirby Jones Foundation shows strong asset growth and minimal liabilities with no reported officer compensation.
EIN: 208067676 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is The Kirby Jones Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Kirby Jones Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Kirby Jones Foundation
The Kirby Jones Foundation (EIN: 208067676) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $6.3M and total assets of $39.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Kirby Jones Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Kirby Jones Foundation is a mid-size nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$2.3M |
| Total Assets | $36.6M |
| Total Liabilities | $1 |
| Net Assets | $36.6M |
| Operating Margin | 68.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 417.7 months |
Financial Health Grade: A
In 2023, The Kirby Jones Foundation reported a surplus of $2.3M with revenue exceeding expenses, holds 417.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2009–2023), The Kirby Jones Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.9% | -36.9% | +6.6% |
| 2022 | +497.3% | +63.5% | +261.4% |
| 2021 | +256.5% | +48.4% | +1.0% |
| 2020 | -35.7% | -5.0% | -4.1% |
| 2019 | +94.7% | +34.7% | +3.8% |
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 The Kirby Jones 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Kirby Jones 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.3M, 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 no officers receive compensation from the organization. This is highly unusual for an organization with assets nearing $39 million and suggests a volunteer-led executive team or compensation is covered by other means not reported on the 990, which enhances the organization's financial efficiency.
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 The Kirby Jones Foundation:
- Strong asset growth, increasing from $9.49 million in 2021 to $36.56 million in 2023.
- Consistently reports 0% officer compensation, indicating high efficiency and transparency.
- Minimal liabilities ($1 in recent filings) demonstrating excellent financial stability.
- Revenue significantly exceeds expenses in most recent periods, allowing for asset accumulation and future program funding.
- Consistent filing history over 11 periods, indicating good governance and compliance.
Frequently Asked Questions about The Kirby Jones Foundation
Is The Kirby Jones Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Kirby Jones Foundation (EIN: 208067676) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does The Kirby Jones Foundation spend its money?
The Kirby Jones Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Kirby Jones Foundation tax-deductible?
The Kirby Jones Foundation is registered as a tax-exempt nonprofit (EIN: 208067676). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Kirby Jones Foundation a good charity?
Based on the provided data, The Kirby Jones Foundation appears to be a very good charity. It exhibits strong financial health with significant asset growth, minimal liabilities, and a remarkable commitment to efficiency by reporting 0% officer compensation. This suggests a high proportion of resources are available for its mission.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved, particularly in recent years. Assets have surged from around $9 million in 2021 to over $36 million in 2023. Revenue has also seen substantial increases in recent periods, such as $6.48 million in 2022, indicating robust financial growth.
What is the organization's approach to executive compensation?
The Kirby Jones Foundation reports 0% officer compensation in all available filings, indicating that its executive leadership is either entirely volunteer-based or compensated through external means not reflected in these specific disclosures. This is a strong positive for financial efficiency and transparency.
Does the organization have significant liabilities?
No, the organization consistently reports minimal liabilities, often just $1 in recent filings. This indicates a very strong balance sheet and low financial risk.
Filing History
IRS 990 filing history for The Kirby Jones Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2009–2023), The Kirby Jones Foundation's revenue has grown by 139.7%, moving from $1.4M to $3.3M. Total assets increased by 844.9% over the same period, from $3.9M to $36.6M. Total functional expenses rose by 633.4%, from $143K to $1.1M. In its most recent filing year (2023), The Kirby Jones Foundation reported a surplus of $2.3M, with revenue exceeding expenses. The organization holds $1 in liabilities against $36.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $36.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $1.1M | $36.6M | $1 | — | View 990 |
| 2022 | $6.5M | $1.7M | $34.3M | $1 | — | View 990 |
| 2021 | $1.1M | $1.0M | $9.5M | $1 | — | View 990 |
| 2020 | $304K | $685K | $9.4M | $1 | — | View 990 |
| 2019 | $473K | $722K | $9.8M | $1 | — | — |
| 2015 | $243K | $536K | $9.4M | $1 | — | View 990 |
| 2014 | $624K | $479K | $9.7M | $1 | — | View 990 |
| 2013 | $6.8M | $379K | $9.6M | $0 | — | View 990 |
| 2012 | $416K | $261K | $4.2M | $0 | — | View 990 |
| 2011 | $365K | $272K | $4.0M | $0 | — | View 990 |
| 2009 | $1.4M | $143K | $3.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $1.1M, and assets of $36.6M (revenue -48.9% year-over-year).
- 2022: Revenue of $6.5M, expenses of $1.7M, and assets of $34.3M (revenue +497.3% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $9.5M (revenue +256.5% year-over-year).
- 2020: Revenue of $304K, expenses of $685K, and assets of $9.4M (revenue -35.7% year-over-year).
- 2019: Revenue of $473K, expenses of $722K, and assets of $9.8M (revenue +94.7% year-over-year).
- 2015: Revenue of $243K, expenses of $536K, and assets of $9.4M (revenue -61.1% year-over-year).
- 2014: Revenue of $624K, expenses of $479K, and assets of $9.7M (revenue -90.8% year-over-year).
- 2013: Revenue of $6.8M, expenses of $379K, and assets of $9.6M (revenue +1530.9% year-over-year).
- 2012: Revenue of $416K, expenses of $261K, and assets of $4.2M (revenue +14.0% year-over-year).
- 2011: Revenue of $365K, expenses of $272K, and assets of $4.0M (revenue -73.5% year-over-year).
- 2009: Revenue of $1.4M, expenses of $143K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Kirby Jones Foundation:
Data Sources and Methodology
This transparency report for The Kirby Jones 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.