Kc Financial Mgmt Services Inc

Nonprofit profile at a glance

EIN
061658256
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Minneapolis, MN, USA
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
Personal Social Services

Reported finances

Revenue
$198,761
Expenses
$197,228
Assets
$85,577

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • Kimberly A Kippels (Account Manager)
  • Cheryl A Wetternach (Account Manager)
  • Jessica Schmitz (Chair)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Social Security Administration Fee For Service Organizational Rep Payee

What it reported doing in 2025

KC Financial Mgmt Services is a Fee For Service Organizational Rep payee approved by the Social Security Administration to provide payee services to SSI & RSDI beneficiaries. We collect a monthly fee from our clients for our services. We assist them with managing their monthly income and function as a liaison between the individual and their creditors. Also we connect them with other providers and resources that are available in the area which they live. KC Financial ran smoothly during 2025 with staff being available Monday - Friday. Several clients have stopped by to pick up forms work out needed issues and or just to say hello during business hours. KC Financial was given a direct contact person at the Social Security Administration for the half of the year which was really help to us. However as federal workers were required to go back to work things were restructured and we were left without a contact person. We started the year with 318 clients and ended with 312.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 27
  • Transparency & Controls: 82
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 27%; rating input score 27
  • Program expense ratio: 27.2%; rating input score 27

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.8%; rating input score 33; 33rd percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 34; 34th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 27.4%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: 16.1% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 3.9% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 28.4% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 27% of revenue deployed · 27.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $54K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 27/100.
  • High — Financial Efficiency: Program expense ratio scored 27/100.
  • Moderate — Sustainability: Operating margin scored 33/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
  • High — Sustainability: Officer compensation ratio scored 13/100.