Overview
What is Km Foundation?
Km Foundation is a nonprofit organization located in Alpharetta, Georgia. Its primary mission is to contribute funds to charitable organizations, aligning with the exempt purposes of National Christian Charitable Foundation, Inc. (NCCF). This philanthropic work aims to support various charitable causes, furthering their objectives and making a positive impact in communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
The Km Foundation has earned a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The overall score is primarily based on a 94% Accountability & Finance score, indicating effective financial management and transparency. Such high ratings are beneficial as they provide potential donors with confidence in the nonprofit's financial integrity and operational effectiveness.
Strengths highlighted in the evaluation include a board composed predominantly of independent members, ensuring unbiased governance and oversight. The organization has stringent policies in place, including a conflict of interest policy and a whistleblower policy, which further enhances its accountability. Additionally, the foundation demonstrates excellent financial health, with a program expense ratio of 99.91%, showcasing its dedication to maximizing funds for its programs and initiatives.
However, while the Km Foundation excels in accountability and finance, there are no specific limitations or areas for improvement mentioned in the data. The absence of reported issues, coupled with its robust financial practices, positions the Km Foundation as a trustworthy organization worthy of support.
This AI summary has been generated from information found on Charity Navigator.
Is Km Foundation legitimate?
Km Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Km Foundation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Km Foundation?
The Km Foundation's mission is centered around providing funding to charities, aligning with the exempt purposes of the National Christian Charitable Foundation, Inc. (NCCF). This mission aims to contribute to various charitable causes, thereby promoting social welfare and community development. The organization's primary role is to channel financial aid to eligible charities, thereby supporting their initiatives and furthering their objectives.
Who is the CEO of Km Foundation?
Dana E Ring is the Trustee of Km Foundation.
What is the revenue of Km Foundation?
Km Foundation's revenue in 2022 was $661,501.
Who are the executives of Km Foundation and what are their salaries?
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $203,679
- Other: $16,896
- Compensation: $0
- Related: $168,081
- Other: $27,301
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $200,724
- Other: $7,341
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $125,489
- Other: $14,168
Where can I find the form 990 for Km Foundation?
Km Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Km Foundation
Km Foundation, as outlined in the provided information, is a charitable organization with a mission to fulfill the exempt purposes of National Christian Charitable Foundation, Inc. (NCCF). In simpler terms, Km Foundation exists to distribute funding to various charities, aligning with the charitable objectives of NCCF. This mission is crucial in supporting numerous causes and communities, playing a significant role in the charitable sector. By providing financial assistance to these charities, Km Foundation contributes to a wide range of initiatives, ultimately helping to make a positive impact in various communities.
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Impact
July, 2024
Km Foundation's impact lies in providing crucial funding to charities in order to fulfill the exempt purposes of the National Christian Charitable Foundation, Inc. This support enables various charitable organizations to further their missions and positively impact communities. Through its philanthropic efforts, Km Foundation plays a vital role in supporting important causes and initiatives that benefit society as a whole.
This information is meant to be a general summary of Km Foundation. 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.
- Gross Receipts: $661,501
Assets and Liabilities:
- Total Assets: $71,829
- Total Liabilities: $13,073
- Net Assets: $58,756
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Organization Details
Founding Year
2019
Phone
(678) 892-1874Principal Officer
Dana E Ring
Main Address
PO BOX 524, ALPHARETTA, GA, 30009
NTEE Category
Code: T31 - Philanthropy
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