Overview
What is Kyana Charities Inc?
Kyana Charities Inc, based in Louisville, Kentucky, and its surrounding areas, is a nonprofit organization dedicated to making charitable contributions. Their primary mission is to support the objectives of various charitable organizations within their community. In 2022, they demonstrated this commitment by donating to nine qualified charitable organizations. Kyana Charities' philanthropic activities aim to positively impact their local community and align with the missions of the charities they support.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. Kyana Charities Inc has demonstrated solid performance in certain areas, particularly in its accountability and finance metrics. The organization excels with a perfect score in program expense ratio and liabilities to assets ratio, indicating that it effectively allocates its resources to its missions while maintaining no debt.
Despite its strengths, the nonprofit faces significant limitations in governance practices. The absence of key policies such as a conflict of interest, whistleblower, and document retention policies raises concerns about internal controls and transparency. Additionally, the charity's website is missing from its tax form, which can impact public trust and accessibility of information.
Overall, while Kyana Charities Inc exhibits strengths in financial management and board independence, the lack of critical governance measures has contributed to its lower rating. Enhancements in these areas could improve its standing and foster greater confidence among supporters and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Kyana Charities Inc legitimate?
Kyana Charities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kyana Charities Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Kyana Charities Inc?
Kyana Charities Inc's mission is centered around making charitable contributions to further the objectives of various charitable organizations. Specifically, it focuses on providing support to organizations within Louisville, Kentucky, and its surrounding areas. The organization's primary activity involves making charitable donations, as evident from its 2022 contribution to nine qualified charitable organizations. Its mission reflects a commitment to aid charitable organizations in realizing their goals and making a positive impact in their respective communities.
Who is the CEO of Kyana Charities Inc?
Fred Trusty is the President of Kyana Charities Inc.
What is the revenue of Kyana Charities Inc?
Kyana Charities Inc's revenue in 2022 was $53,564.
Who are the executives of Kyana Charities Inc and what are their salaries?
There 20 volunteers at Kyana Charities Inc.
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Where can I find the form 990 for Kyana Charities Inc?
Kyana Charities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kyana Charities Inc
Kyana Charities Inc, a charitable organization, is dedicated to making philanthropic contributions to further the goals of various charitable organizations within Louisville, Kentucky, and its surrounding areas. The mission of Kyana Charities is to extend financial support to these charitable entities, thereby aiding in the fulfillment of their objectives. In 2022, Kyana Charities demonstrated its commitment to this mission by donating to nine qualified charitable organizations. This financial assistance enables these organizations to continue their vital work in their respective fields, ultimately benefiting the communities they serve.
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Impact
August, 2024
Kyana Charities Inc makes a significant impact by providing charitable gifts to support the missions of various charitable organizations in Louisville, KY and surrounding areas. In 2022, they donated to nine qualified charitable organizations, thereby contributing to the betterment of the community. Their philanthropic efforts help empower and uplift the organizations working towards various causes, ultimately fostering positive change and support in the region.
This information is meant to be a general summary of Kyana Charities Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $20,240
- Gross Receipts: $130,181
Assets and Liabilities:
- Total Assets: $940,618
- Total Liabilities: $0
- Net Assets: $940,618
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Organization Details
Founding Year
2014
Principal Officer
Fred Trusty
Main Address
3821 HUNSINGER LN, LOUISVILLE, KY, 40220
NTEE Category
Code: T50 - Philanthropy
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