Kennedy Krieger Institute

Nonprofit profile at a glance

EIN
521753040
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
Baltimore, MD, USA
Phone
443-923-7330
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Community, Neighborhood Development

Official website

Reported finances

Revenue
$74,076,274
Expenses
$72,180,275
Assets
$22,755,183
Liabilities
$576,542

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

23 people listed

Executive titles in this filing

  • BRADLEY L SCHLAGGAR MD PHD (PRESIDENT & CEO)

Highest reported compensation

  • BRADLEY L SCHLAGGAR MD PHD (PRESIDENT & CEO): $1,144,460 total reported compensation
  • JAMES M ANDERS JR (COO/ADMINISTRATOR/SECRETARY): $1,092,420 total reported compensation
  • SEYED ALI FATEMI MD MBA (CHIEF MEDICAL OFFICER, FORMER OFF.): $655,198 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To help children and adolescents with disorders of the brain reach their full potential.

What it reported doing in 2024

Kennedy krieger's community services include a wide range of programs and services that are family focused and maximize the potential of each child within their home and community environments. (1) the Maryland center for developmental disabilities (mcdd) links the community to vital services, research and information to improve the lives of people with disabilities. Its mission is to provide leadership that advances the inclusion of people with intellectual, developmental and other disabilities. Mcdd is proud to be a university center for excellence in developmental disabilities education, research, and service (ucedd) and a member of the association of university centers on disabilities (aucd). (2) core foundations provides person-centered services that foster personal growth, promote meaningful relationships, and empower people with disabilities to achieve independence at their home, workplace and community. We develop a customized program in partnership with each individual to support their independence. We support individuals with disabilities to obtain and maintain meaningful employment and community engagement for lifelong success. The person-centered approach requires an individualized plan, daily schedule, and goals for each individual. Core foundations is a licensed developmental disabilities administration (dda) adult service provider for the state of Maryland and a community-based program. All services are provided within the individual's community setting. Core foundations staff will meet the individual at a pre-determined meeting location in the community. (3) kennedy krieger's therapeutic foster care (tfc) program, offers a continuum of services for children with special needs who require temporary or permanent out-of-home placement. Tfc offers domestic foster care and adoption services that are primarily funded through the Maryland department of human resources (dhr). Therapeutic foster care serves more than 100 children each year.

Operating model

Revenue model
Earned-program. 91% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 84
  • Accountability: 90
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.2%; rating input score 87
  • Program expense ratio: 89.5%; rating input score 89
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 81.8%; rating input score 82; 29th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.6%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 0.32; rating input score 10; 10th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 3.7%; rating input score 29; 29th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 20th percentile among comparable filings
  • Revenue growth: 2.2% per year; rating input score 100; 16th percentile among comparable filings
  • Asset growth: 6.1% per year; rating input score 100; 45th percentile among comparable filings

Details

  • What they do: 5 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 87.2% of revenue deployed · 89.5% of spending went to programs
  • Governance: 9 of 11 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $64.6M in reported program spending
  • Leadership: top reported pay $1.1M · 23 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $1.7M reported
  • Consistency: 29 of 29 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 13 filed money-flow records
  • Related organizations: 8 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.

  • High — Sustainability: Total-asset coverage ratio scored 10/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Sustainability: Officer compensation ratio scored 29/100.