We Love Kids Ltd
We Love Kids Ltd shows improved financial health and asset growth in 2023 with no officer compensation.
EIN: 200152211 · Overland Park, KS · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $91K |
| Total Expenses | $55K |
| Program Spending | 85% |
| Net Assets | $47K |
| Transparency Score | 90/100 |
Is We Love Kids Ltd Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
We Love Kids Ltd directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About We Love Kids Ltd
We Love Kids Ltd (EIN: 200152211) is a nonprofit organization based in Overland Park, KS, classified under NTEE code Q30. The organization reported total revenue of $91K and total assets of $73K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of We Love Kids Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
We Love Kids Ltd is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $87K |
| Total Expenses | $55K |
| Surplus / Deficit | +$33K |
| Total Assets | $47K |
| Total Liabilities | $167 |
| Net Assets | $47K |
| Operating Margin | 37.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 10.4 months |
Financial Health Grade: A
In 2023, We Love Kids Ltd reported a surplus of $33K with revenue exceeding expenses, holds 10.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), We Love Kids Ltd's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +49.1% | -20.6% | +167.0% |
| 2022 | -12.1% | +8.3% | -29.4% |
| 2021 | -3.6% | -4.9% | +19.8% |
| 2020 | +2.5% | -14.8% | +14.0% |
| 2019 | -11.9% | +18.8% | -37.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 We Love Kids Ltd with a Mission Score of 90 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, We Love Kids Ltd 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly unusual for a nonprofit of its age and revenue, suggesting a volunteer-led structure.
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 We Love Kids Ltd's IRS 990 filings:
- Inconsistent revenue and expense balance in prior years, with deficits in 2022 ($9,997) and 2019 ($10,767).
Strengths
The following positive indicators were identified for We Love Kids Ltd:
- Zero officer compensation reported across all filings, indicating high efficiency and dedication of resources to mission.
- Consistent IRS 990 filing history (13 filings), demonstrating strong transparency.
- Significant increase in assets in the latest period (2023: $47,182 vs. 2022: $17,671), indicating improved financial health.
- Low liabilities across all reported periods, suggesting sound financial management and minimal debt.
Frequently Asked Questions about We Love Kids Ltd
Is We Love Kids Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, We Love Kids Ltd (EIN: 200152211) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does We Love Kids Ltd spend its money?
We Love Kids Ltd directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to We Love Kids Ltd tax-deductible?
We Love Kids Ltd is registered as a tax-exempt nonprofit (EIN: 200152211). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of We Love Kids Ltd's spending goes to programs?
We Love Kids Ltd directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does We Love Kids Ltd compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), We Love Kids Ltd is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is We Love Kids Ltd located?
We Love Kids Ltd is headquartered in Overland Park, Kansas and files with the IRS under EIN 200152211. It is classified under NTEE code Q30.
How many years of IRS 990 filings does We Love Kids Ltd have?
We Love Kids Ltd has 13 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 $91K in total revenue.
Is We Love Kids Ltd a good charity?
Based on the financial data, We Love Kids Ltd appears to be a good charity. It consistently files its IRS 990s, reports no officer compensation, and has shown improved financial health with growing assets and positive net income in its latest filing (2023 revenue $87,482 vs. expenses $54,509).
How has We Love Kids Ltd's financial stability changed over time?
We Love Kids Ltd's financial stability has fluctuated, experiencing deficits in some years (e.g., 2022 with $9,997 deficit) but showing significant improvement in 2023 with a surplus of $32,973 and a substantial increase in assets from $17,671 to $47,182.
What is the trend in We Love Kids Ltd's assets?
The organization's assets have shown a positive trend recently, increasing from $17,671 in 2022 to $47,182 in 2023, indicating growing financial reserves and capacity.
Filing History
IRS 990 filing history for We Love Kids Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), We Love Kids Ltd's revenue has grown by 71.8%, moving from $51K to $87K. Total assets increased by 281.2% over the same period, from $12K to $47K. Total functional expenses fell by 5.7%, from $58K to $55K. In its most recent filing year (2023), We Love Kids Ltd reported a surplus of $33K, with revenue exceeding expenses. The organization holds $167 in liabilities against $47K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $47K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $87K | $55K | $47K | $167 | — | View 990 |
| 2022 | $59K | $69K | $18K | $4K | — | View 990 |
| 2021 | $67K | $63K | $25K | $998 | — | — |
| 2020 | $69K | $67K | $21K | $178 | — | — |
| 2019 | $68K | $78K | $18K | $157 | — | View 990 |
| 2018 | $77K | $66K | $29K | $501 | — | View 990 |
| 2017 | $72K | $72K | $19K | $380 | — | View 990 |
| 2016 | $86K | $87K | $17K | $0 | — | View 990 |
| 2015 | $85K | $85K | $19K | $0 | — | View 990 |
| 2014 | $76K | $66K | $19K | $0 | — | View 990 |
| 2013 | $106K | $108K | $9K | $0 | — | View 990 |
| 2012 | $72K | $72K | $12K | $0 | — | View 990 |
| 2011 | $51K | $58K | $12K | $130 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $87K, expenses of $55K, and assets of $47K (revenue +49.1% year-over-year).
- 2022: Revenue of $59K, expenses of $69K, and assets of $18K (revenue -12.1% year-over-year).
- 2021: Revenue of $67K, expenses of $63K, and assets of $25K (revenue -3.6% year-over-year).
- 2020: Revenue of $69K, expenses of $67K, and assets of $21K (revenue +2.5% year-over-year).
- 2019: Revenue of $68K, expenses of $78K, and assets of $18K (revenue -11.9% year-over-year).
- 2018: Revenue of $77K, expenses of $66K, and assets of $29K (revenue +5.8% year-over-year).
- 2017: Revenue of $72K, expenses of $72K, and assets of $19K (revenue -15.8% year-over-year).
- 2016: Revenue of $86K, expenses of $87K, and assets of $17K (revenue +1.7% year-over-year).
- 2015: Revenue of $85K, expenses of $85K, and assets of $19K (revenue +11.2% year-over-year).
- 2014: Revenue of $76K, expenses of $66K, and assets of $19K (revenue -27.9% year-over-year).
- 2013: Revenue of $106K, expenses of $108K, and assets of $9K (revenue +46.9% year-over-year).
- 2012: Revenue of $72K, expenses of $72K, and assets of $12K (revenue +41.1% year-over-year).
- 2011: Revenue of $51K, expenses of $58K, and assets of $12K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for We Love Kids Ltd:
Data Sources and Methodology
This transparency report for We Love Kids Ltd 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.