Kendall & Taylor Atkinson Foundation
Nonprofit profile at a glance
- EIN
- 204404637
- IRS 990 coverage
- 2011–2023
- Forms available
- Form 990 2023, Form 990-EZ 2020
- Location
- Littleton, CO, USA
- Phone
- 3033491309
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Public Foundations
Reported finances
- Revenue
- $22,533
- Expenses
- $103,448
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- STEVE RICE (PRESIDENT)
People named in this filing
- STEVE RICE (PRESIDENT)
- JEANNE ATKINSON (TREASURER)
- SHELLY BEARD (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To raise money for charitable allocation.
What it reported doing in 2023
**allocations were made to the fanconi anemia research fund to support medical, scientific and treatment research of fanconi anemia and its related cancers.*$72,513 was allocated to fund research entitled "transforming treatment of inherited bone marrow failure in fanconi anemia by precise in vivo genome editing."people with fa, who have bone marrow failure, are currently treated with allogeneic hematopoietic stem cell transplants. However, these procedures remain somewhat limited due to high cost, lack of appropriate donors in some regions, and heightened risk of long-term health effects such as an increased risk of cancer. In vivo gene therapies offer promise and great potential for a sage easily accessible, and cost-effective therapeutic option to treat fa-related bone marrow failure that can be used worldwide. This consortium will test gene editing technologies for all major fa mutations using laboratory-based techniques over the next two years. The goal is to rapidly develop a translational protocol that will eventually be tested in clinical trials.**allocations were made to the university of Colorado foundation. *an allocation of $20,000 was made to the university of Colorado foundation for the kenneth r atkinson md endowed memorial scholarship.distribution of funds was made to an endowed scholarship to be awarded annually to a student enrolled in the school of medicine at the university of Colorado anschutz medical campus. Scholarship is need based with preference given to 4th year medical students who plan on going into primary care medicine. Preference will also be given to students intending to practice primary care in the state of Colorado.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 94
- Accountability: 76
- Sustainability: 13
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 89.4%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -359.1%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -3.6% per year; rating input score 0; 42nd percentile among comparable filings
- Revenue growth: -2.6% per year; rating input score 0; 52nd percentile among comparable filings
- Asset growth: 8.7% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 89.4% of spending went to programs
- Governance: 7 of 7 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $93K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 11 filing years from 2011 to 2023
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- 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.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 3/100.